Tag: flood insurance


Floodplain mapping and flood insurance rates

The federal government has requested that flood insurance be self-sufficient.  New changes to the National Flood Insurance Program (NFIP) will increase insurance rates as much as 25% per year.  Houses built in a floodplain and constructed before 1978 are subject to the federal insurance policies.  These changes are the result of the Biggert-Waters Flood Reform […]