The News, Talk, Sights and Sounds of the Warfleigh Neighborhood
Hello ... probably more than anyone wants to know, but just in case you might wish to explore some links discussing this issue affecting homeowners nationwide ...
Mississippi Suing Feds Over Flood Insurance Hikes
Bay-Area Houston Economic Partnership on Biggert-Waters Flood Insurance Act
- contains many links …
Congress Gets it Wrong on Flood Insurance Act
Summary of Contents of Biggert-Waters Act
Flood Insurance Rate Hikes Under Fire From States
Some in Congress Want to Undo Important Flood Insurance Reforms
Gateway to Many Links on Topic
Thank you for this Jim. Realizing I'm in serious danger of losing my house over this I think it's time to consider how/who we can approach to reform the reform. I'm bumping this thread to the top of the page and will read over all of these articles in the coming days.
Sure. I'm waiting for the results of an "elevation survey" for my home that I had performed (10/15). I will then contact my insurance agent to see how much my rates will rise. I will also ask what the rates would be for someone purchasing my home. My understanding is that existing homeowners will see a gradual increase over time in order to avoid "rate shock," but that new homeowners (purchasing a home in a flood plain) immediately will be moved to market based rates.