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Flood Insurance Reform Stalls in Congress

National News • August 28, 2007
Despite promising changes, Congress has shown little enthusiasm for taking the unpopular steps that experts say are necessary to fix the nation's main flood insurance program. Recent flooding in ...

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Subject: RE: Beach Front Properties

Posted On: August 28, 2007, 1:27 pm CDT
Posted By: Retro Man
Comment:
I wouldn't mind paying a 15% increase if the premium was only $400. I live a mile and a half from the beach (Bayshore, not the ocean), yet I'm paying $1200 a year for flood insurance. I've lived there for 15 years through numerous nor'easters and tropical storms, without once having to file a claim. Add to that my $1100 homeowners policy and I'm paying $2300 a year to insure my home, which is worth about $500k at inflated NY metro area prices.

Instead of price increases they should force everyone living in a flood zone to buy flood insurance or otherwise be ineligible for federal disaster relief if and when a flood strikes.
Subject Posted By Posted On
RE: RE: RE: Mid-west Flooding & Non-SFHAs -PRP Policies RAL
Sep 4, 2007, 3:27 pm
RE: RE: Mid-west Flooding & Non-SFHAs -PRP Policies Mark
Sep 4, 2007, 11:27 am
RE: RE: Himself rash? Toilet? Ashamed? Unthinking? Gill Fin
Sep 4, 2007, 3:42 am
RE: Mid-west Flooding & Non-SFHAs -PRP Policies Midwesterner
Aug 29, 2007, 12:49 pm
RE: Mid-west Flooding & Non-SFHAs -PRP Policies RAL
Aug 29, 2007, 9:32 am
Mid-west Flooding & Non-SFHAs -PRP Policies Fla. Agent
Aug 29, 2007, 9:26 am
RE: Himself rash? Toilet? Ashamed? Unthinking? RAL
Aug 29, 2007, 8:52 am
Himself rash? Toilet? Ashamed? Unthinking? Gill Fin
Aug 29, 2007, 12:58 am
RE: RE: RE: Flood issues RAL
Aug 28, 2007, 2:45 pm
RE: Congress will do nothing himself
Aug 28, 2007, 2:12 pm
Congress will do nothing Key West agent
Aug 28, 2007, 2:05 pm
RE: RE: RE: Beach Front Properties Retro Man
Aug 28, 2007, 2:01 pm
RE: RE: Beach Front Properties Bob
Aug 28, 2007, 1:54 pm
RE: Congress Do Something? Stealth Agent
Aug 28, 2007, 1:39 pm
RE: RE: Flood issues The Ultimate of Ultimates
Aug 28, 2007, 1:29 pm
RE: Beach Front Properties Retro Man
Aug 28, 2007, 1:27 pm
RE: RE: Flood issues News & Voting
Aug 28, 2007, 1:26 pm
RE: Congress Do Something? Promises, Promises
Aug 28, 2007, 1:22 pm
RE: Flood issues himself
Aug 28, 2007, 1:21 pm
Flood issues Observer
Aug 28, 2007, 1:14 pm
Beach Front Properties Bob
Aug 28, 2007, 1:09 pm
Congress Do Something? CA Agent
Aug 28, 2007, 1:08 pm
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