Flood insurance hikes could be delayed further

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Posted: Monday, February 10, 2014 11:53 pm

WASHINGTON - More than 78,000 Suncoast homeowners could see flood insurance hikes delayed for two years, or even longer.

FEMA says after Congress passed a bill postponing the hikes until October 2013, the agency tacked on an additional 12 to 18 months so it can "develop guidance materials."

Most homeowners will not see any increases until October 2014 at the earliest, and possibly not until April 2016.

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1 comment:

  • susquehannaretriever posted at 7:33 am on Thu, Feb 13, 2014.

    susquehannaretriever Posts: 2

    If you are concerned about the huge flood insurance premium increases, Join us online at Stopfemanow.com. We are a very active national group of homeowners fighting for affordable flood insurance, to repeal and delay Biggert Waters Flood Insurance Reform Act of 2012. We have chapters in every state but need you to help us. Get facts, not rumors, come join Stopfemanow.com.

     

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