* Did you know that you have to purchase flood insurance seperately from your homeowner’s insurance policy?
* Did you know flood insurance only covers up to $250,000?
* Did you know flood insurance does not cover anything in your basement?
Partnership To Encourage Flood Safety
As one of the snowiest winter seasons in many years yields to...
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Insurance
Flood Protection And Insurance
Proactive Disaster Homeowner’s Insurance Policy
Washington, DC — U.S. policy toward natural catastrophe risk is largely reactive and a comprehensive, forward-looking national natural disaster policy is needed, the National Association of Realtors® said in testimony to two House panels today.
Charles McMillan, immediate past president of NAR, told Congress that it must improve affordability of property insurance for natural disasters.
“NAR,...
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Who Pays For Flood Insurance?
What government insurance plans are subsidized by the taxpayers and available to everyone? Probably, the only answer is flood insurance.
The Federal Emergency Management Agency (FEMA) oversees the flood insurance program. Over the past few years, FEMA has been hammered with insurance claims. In an effort to keep expenses under control, FEMA has been encouraging relocation...
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