Federal Flood Insurance Average Premium to Rise 8%

April 2, 2018

  • April 2, 2018 at 3:16 pm
    Dave says:
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    Bottom line, people and businesses need to stop building in flood prone areas. This helps, but probably not enough.

    • April 2, 2018 at 3:44 pm
      Rosenblatt says:
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      Supplementary Bottom Line – if people and businesses are going to continue to build in flood prone areas and are required to obtain flood insurance from the gov’t, the gov’t needs to rate the policies properly so they don’t run a deficit.

      • April 3, 2018 at 7:08 am
        Tax Cuts 4 PolaRich Bears says:
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        Corollary to Supplementary Bottom Line – if people and businesses continue to build in flood prone areas, voters need to vote out of office any political leaders who allow it to happen in their individual municipalities / communities.

      • May 16, 2018 at 5:06 pm
        geocolumbus says:
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        Almost all the places with large number of flood insurance policies are GOP territory. There is no way that the GOP is going to tell its base “we are doubling your annual NFIP premium to make NFIP break even”. In fact, if the GOP did that, then there would be a crash in the value of the real estate, which would really anger their constituents. It is more likely the GOP would implement strict gun control than to make NFIP policies pay full freight. You need to get in touch with political reality.



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