WHRO - More Virginians Could Receive Flood Insurance Discounts Soon whro.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from whro.org Daily Mail and Mail on Sunday newspapers.
How FEMA s new flood insurance pricing will impact your wallet
Nashville Tennessean
For an estimated 72% of Tennesseans who hold National Flood Insurance Program policies, premiums are about to go up.
The NFIP, run by the Federal Emergency Management Agency, is overhauling its methodology for setting flood insurance prices for the first time in about 50 years. Starting Oct. 1, premiums for new NFIP policies will be based on individual properties flood risk and the estimated cost of rebuilding those properties if flood damage occurs.
This model has been standard in the insurance industry for years, but is only now being adopted by the NFIP. FEMA officials and insurance experts say the switch to Risk Rating 2.0 will make the program more financially sound, adaptable and equitable.
3-Year Effort by Stetson University Professor Results in 35% Discount in Flood Insurance for Residents of Monroe County, Florida prweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prweb.com Daily Mail and Mail on Sunday newspapers.
Monroe County government’s efforts in the past five years to reduce flood insurance rates in Monroe County have steadily paid off with the most recent rate reduction scheduled to go
Manatee considers relaxing regulations on coastal development heraldtribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heraldtribune.com Daily Mail and Mail on Sunday newspapers.