Flood rate relief for homeowners

Good news for some homeowners in critical flood zones, but I do not think it can spread the premiums far enough. Flooding is on the rise year on year. The National Flood Insurance Program wants to operate more like an insurance company to balance the books, but is struggling with it’s original modus operandi as a government instrument to make flood insurance accessible to the millions of Americans living in critical flood zones.

Screenshot 2014-03-26 08.02.04

 

 

 

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