Some western New York residents whose homes were damaged by a snow-swollen river this month had only recently cancelled their federal flood insurance policies because of rate increases.
About 70 houses in West Seneca, just outside Buffalo, flooded when a Jan. 11 thaw that pushed the Buffalo Creek over its banks.
One, victim, Jonny Robbins, tells The Buffalo News he dropped his insurance four months ago after revised Federal Emergency Management Agency flood maps downgraded the risk to his property.
Now, the retired teacher is dealing with a partly collapsed foundation.
Homeowner Norma Gasz says she had flood insurance for decades, but dropped it when the price went up.
The National Flood Insurance Program began recalibrating its rates after paying out billions of dollars due to Hurricane Katrina.
Topics Flood New York Homeowners
Was this article valuable?
Here are more articles you may enjoy.

Catastrophe Bonds’ Huge Market Gains Put Reinsurers on Backfoot
GEICO Sues Medical Firms in Florida, NY Over Alleged No-Fault Auto Fraud
Update: Hurricane Melissa Churns Toward Jamaica as Category 5 Storm
Trucking App Trucker Path Launches Retail Insurance Agency 

