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'Millions Left On The Table': How Cities Can Help Trim Rising Flood Insurance Rates

Originally published on December 18, 2020 1:05 pm
William Jennings and his wife have lived in their Virginia Beach, Va., home for the last 37 years. And their plan was to stay in it through retirement.
I really like my house, Jennings says, standing in the front yard. A two-story home. A swimming pool in the backyard.
But Jennings neighborhood has flooded more often in recent years. His house did once, too. His mortgage requires flood insurance, which now costs him $2,336 a year and is set to increase 18% in July.
The 72-year-old Army veteran worries that soon his home may no longer be affordable. His wife supports selling it and moving to avoid the additional flood insurance expense. ....

United States , Virginia Beach , James City County , William Jennings , Roger Hernstadt , Darryl Cook , Roy Wright , Whitney Mcnamara , Emergency Management Agency , Community Rating System , National Flood Insurance Program , Insurance Institute For Business , Mary Carson Stiff , Federal Emergency Management , James County , City County , Fort Myers Beach , Newport News , Insurance Institute , ஒன்றுபட்டது மாநிலங்களில் , வர்ஜீனியா கடற்கரை , ஜேம்ஸ் நகரம் கவுண்டி , வில்லியம் ஜென்னிங்ஸ் , டார்ரில் சமைக்கவும் , ராய் ரைட் , விட்னி மக்நமர ,

'Millions Left On The Table': How Cities Can Do More To Battle Rising Flood Insurance Rates

Originally published on December 18, 2020 1:05 pm
William Jennings and his wife have lived in their Virginia Beach, Va., home for the last 37 years. And their plan was to stay in it through retirement.
I really like my house, Jennings says, standing in the front yard. A two-story home. A swimming pool in the backyard.
But Jennings neighborhood has flooded more often in recent years. His house did once, too. His mortgage requires flood insurance, which now costs him $2,336 a year and is set to increase 18% in July.
The 72-year-old Army veteran worries that soon his home may no longer be affordable. His wife supports selling it and moving to avoid the additional flood insurance expense. ....

United States , Virginia Beach , James City County , William Jennings , Roger Hernstadt , Darryl Cook , Roy Wright , Whitney Mcnamara , Emergency Management Agency , Community Rating System , National Flood Insurance Program , Insurance Institute For Business , Mary Carson Stiff , Federal Emergency Management , James County , City County , Fort Myers Beach , Newport News , Insurance Institute , ஒன்றுபட்டது மாநிலங்களில் , வர்ஜீனியா கடற்கரை , ஜேம்ஸ் நகரம் கவுண்டி , வில்லியம் ஜென்னிங்ஸ் , டார்ரில் சமைக்கவும் , ராய் ரைட் , விட்னி மக்நமர ,

WSKG | 'Millions Left On The Table': How Cities Can Do More To Battle Rising Flood Insurance Rates

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December 18, 2020
William Jennings and his wife have lived in their Virginia Beach, Va. home for the last 37 years. And their plan was to stay in it through retirement.
“I really like my house,” Jennings says, standing in the front yard. “A two-story home. A swimming pool in the backyard.”
But Jennings’ neighborhood has flooded more often in recent years. His house did once, too. His mortgage requires flood insurance, which now costs him $2,336 a year and is set to increase 18% in July.
The 72-year-old Army veteran worries that soon his home may no longer be affordable. His wife supports selling it and moving to avoid the additional flood insurance expense. ....

United States , Virginia Beach , James City County , William Jennings , Roger Hernstadt , Darryl Cook , Roy Wright , Whitney Mcnamara , Emergency Management Agency , Community Rating System , National Flood Insurance Program , Insurance Institute For Business , Mary Carson Stiff , Federal Emergency Management , James County , Fort Myers Beach , Newport News , Insurance Institute , ஒன்றுபட்டது மாநிலங்களில் , வர்ஜீனியா கடற்கரை , ஜேம்ஸ் நகரம் கவுண்டி , வில்லியம் ஜென்னிங்ஸ் , டார்ரில் சமைக்கவும் , ராய் ரைட் , விட்னி மக்நமர , சமூக ரேடிஂக் அமைப்பு ,

'Millions Left On The Table': How Cities Can Do More To Battle Rising Flood Insurance Rates – Nation & World News

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‘Millions Left On The Table’: How Cities Can Do More To Battle Rising Flood Insurance Rates
By Sam Turken
December 18, 2020
William Jennings and his wife have lived in their Virginia Beach, Va. home for the last 37 years. And their plan was to stay in it through retirement.
“I really like my house,” Jennings says, standing in the front yard. “A two-story home. A swimming pool in the backyard.”
But Jennings’ neighborhood has flooded more often in recent years. His house did once, too. His mortgage requires flood insurance, which now costs him $2,336 a year and is set to increase 18% in July. ....

United States , Virginia Beach , James City County , William Jennings , Roger Hernstadt , Darryl Cook , Roy Wright , Whitney Mcnamara , Emergency Management Agency , Community Rating System , National Flood Insurance Program , Insurance Institute For Business , Mary Carson Stiff , Federal Emergency Management , James County , Fort Myers Beach , Newport News , Insurance Institute , ஒன்றுபட்டது மாநிலங்களில் , வர்ஜீனியா கடற்கரை , ஜேம்ஸ் நகரம் கவுண்டி , வில்லியம் ஜென்னிங்ஸ் , டார்ரில் சமைக்கவும் , ராய் ரைட் , விட்னி மக்நமர , சமூக ரேடிஂக் அமைப்பு ,