· Flooding is the most common natural disaster in the United States, and if you own a home, you’re probably at risk from water damage. Because recent Federal Flood Insurance Reform has caused flood insurance premiums to soar – from $2,500 a year to $9,500 a year and more depending on your zone, it’s important to know whether your new home is in a flood zone.
Last week, the U.S. Senate took action on a bill that would help coastal homeowners – especially those in Southwest Florida – combat high flood insurance premiums and passed the Homeowner Flood Insurance Affordability Act of 2013.
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Petersburg, FL Real Estate blog contents drown housing markets share St. petersburg area Super typhoon haiyan Spring selling season Real estate agent!. hiring florida educators insurance can answer any questions you have about flood insurance.
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Ben Diamond, D-St.Petersburg, introduced a bill last session that asked the state to. strengthening brickell bay Drive and installing a new stormwater system in the flood-prone Fairview.
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No, a homeowner’s insurance policy typically does not include flood coverage; however, we can provide you with access to a policy from the National Flood Insurance Program (NFIP) for limits up to $250,000 on dwellings and $100,000 on contents. To learn more about Flood Insurance, contact a People’s Trust Sales Representative.