FEMA Head says Flood Insurance Rates Going Up

FEMA Head says Flood Insurance Rates Going Up

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...
Why are you paying for everyones flood insurance?

Obama signs bill for Sandy Flood Insurance vicitms

President Obamahas signed into law a $9.7 billion bill to pay flood insurance claims from Superstorm Sandy. The law increases the borrowing authority of the Federal Emergency Management Agency. FEMA had warned that it was set to run out of money without additional...
Skip to content