Florida agency selling private flood insurance said it is now selling the coverage in 15 states and making it available to commercial risks and apartment buildings.
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Key House Republicans Oppose Delaying Flood Insurance Increases
The effort to delay huge increases in insurance premiums for homeowners in flood-prone areas faces a skeptical House chairman who is largely standing behind the changes Congress oversaw in the nation’s flood insurance program less than two years ago.
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Senate Passes Bill to Delay Flood Insurance Hikes
In a vote on January 30th, 2014, the senate passed a bill that will delay flood insurance hikes for at least four years.
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Private Flood Insurer Means a Choice for Connecticut
Finally an alternative in flood insurance for Connecticut
A private flood insurer has stepped into Connecticut’s market, the first time homeowners along the shoreline battered by Superstorm Sandy have an alternative to increasingly costly federal insurance.
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Key Senate Vote on Flood Insurance Rate Delay Pushed to Next Week
The U.S. Senate is expected to take a key vote soon on a bill that would delay some of the flood insurance rate hikes triggered by the Biggert-Waters Flood Insurance Reform Act of 2012.
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The National Flood Insurance Program, FEMA, and You
Damage sustained by a town in Fairfield county after Hurricane Sandy. Image courtesy of Michael McAndrews, a photgrapher for the “The Courant“.
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What are FEMA Elevation Certificates?
The average cost of a cleanup from flood damage, when you factor in costs like cleaning, flooring, electrical, even from only an inch of water can be over $10,000. Regular insurance doesn’t provide flood protection, ,but the government does, in the form of the National Flood Insurance Program. To qualify though, you need a FEMA Elevation Certificate.