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Why are you paying for everyones flood insurance?

beckybyrom — Tue, 09 Apr 2013 04:05:40 +0000

The government program, NFIP (National FLood Insurance Program) is running in debt. You and I are subsidizing people living on the coastline..However, if you do have to pay for flood insurance you may as well pay the least amount possible.

http://news.yahoo.com/why-paying-everyones-flood-insurance-231731089.html

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FEMA Head says Flood Insurance Rates Going Up

beckybyrom — Mon, 08 Apr 2013 04:59:12 +0000

The Head of FEMA recently announced that rates in the NFIP or National Flood Insurance Program are going up. The bottom line here is that the program is not paying for itself and it needs to. The good news is that there are a few private carriers who offer low cost flood quotes to many Californian’s and others in less risky states.

http://www.washingtonpost.com/business/fema-head-says-cost-of-federal-flood-insurance-going-up-3-more-days-notice-coming-on-storms/2013/03/26/eb517188-9676-11e2-8764-d42c128a01ef_story.html

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5 Floods and no flood insurance coverage

beckybyrom — Sat, 05 Jan 2013 19:57:24 +0000

You have to feel sorry for this elderly couple who appear to have lost it all.. but they have had 5 floods since 2005 and could not afford to carry the coverage.

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Extending the National Flood Insurance Program in Choppy Waters

aaronfarmer — Wed, 13 Jun 2012 05:31:59 +0000

Extending the National Flood Program in choppy waters Click here to view the article on FEMA Flood Insurance and the vote to keep it going for the next five years

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