Tag Archive: flood insurance

3 Surprising Things Your Homeowner’s Insurance Covers (And 3 It Doesn’t)

January 23, 2015 by 7 Comments

Homeowner’s insurance is meant to offer you financial protection if your home or some of the things in it are damaged or destroyed. But even the standard policies have a couple quirks, and not everyone takes the time to read the fine print. Here are three things you may not have realized you had coverage for.... View Article

Filed under: , ,
Read More

Climate Worries are Sending Insurance Companies Running

October 29, 2014 by Leave a comment

After Hurricane Sandy, private insurers were notorious for taking their time evaluating damage, and then for being stingy when the payouts finally came. As disruptive weather patterns continue, property insurance companies grow increasingly cagey, and the reason isn’t actually too hard to understand. At the moment, government subsidies are keeping flood insurance artificially low in many high-risk... View Article

Read More

Flood Insurance Increase Delayed

February 7, 2014 by Leave a comment

Flood Insurance Increase Delayed by Steve Viuker U.S. homeowners with properties in flood zones gained major traction in their fight to impose a four-year delay on federal flood insurance premium hikes. The Senate passed its own version of a bill that aims to stall provisions of the Biggert-Waters Flood Insurance Reform Act of 2012. The... View Article

Filed under:
Read More

High Living Brings Flood of Problems

February 20, 2013 by Leave a comment

Redrawn New York Flood Maps Prompt Many to Purchase Flood Insurance In 2007, FEMA began redrawing the flood-zone maps in the greater New York region; perhaps spurred on by hurricane Katrina in 2005.  The result is that some areas that were once considered low-risk have become high-risk. That means borrowers in the high-risk zones must... View Article

Filed under:
Read More