Finally there’s hope for Florida homeowners who’ve faced rising flood insurance rates after the passing of the Biggert-Waters Act. New legislation is bringing rates back down to pre-Biggert levels, and private insurance companies have stepped up to complete. Private insurance Lloyds of London has slashed rates over 25%, causing FEMA to spring into action. Find […]
Breaking Down Flood Insurance Woes for Tampa Bay
NPR.com recently published an article that really breaks down the flood insurance issue in Pinellas and Hillsborough Counties. I am republishing it here for those who are confused on the issue at hand, which is affecting Pinellas County residents more than any other county in the nation. Millions of American property owners get flood insurance […]
Ask a Realtor: What’s the Deal with Flood Insurance Increases in Florida?
Q: I’m hearing a ton of talk and seeing a bunch of articles about flood insurance hikes happening in Florida, some are saying it could force homeowners out of their homes if these changes go into effect. What’s the deal? A: If you are like me, yes, all the talk on flood insurance hikes lately […]