• Welcome!
    |
    ||
    Logout|My Dashboard

Flood insurance is a community issue - The Galveston County Daily News : Guest Columns

August 27, 2014

Flood insurance is a community issue

Posted: Saturday, March 22, 2014 12:00 am

Those of us living in flood-prone areas have been given some relief from immediate increases in insurance premiums with the passage of the Homeowner Flood Insurance Affordability Act of 2013. But this law is not a permanent solution.  

While “grandfathering” of homes built to code under previous maps has been reinstated, new maps will still be put in place. While the annual increase in subsidized rates will be slowed, those rates will still go up over time. And, ultimately, the National Flood Insurance Program must be financially sound in the long run.  

Subscription Required

An online service is needed to view this article in its entirety. You need an online service to view this article in its entirety.

Have an online subscription?

Login Now

Need an online subscription?

Subscribe

Login

Choose an online service.