Jul. 24, 2014 7:04 pm
Question
Welcome!
|
||
Logout|My Dashboard

Possible Florida flood insurance rate hike relief

Print
Font Size:
Default font size
Larger font size

Related Stories

Posted: Thursday, January 9, 2014 8:27 am | Updated: 9:29 am, Thu Jan 9, 2014.

SARASOTA, FL- New hope for homeowners dealing with skyrocketing flood insurance rates.

State lawmakers moved along a bill on Wednesday to entice private companies to enter the flood insurance market in Florida.  The proposed bill would allow companies more freedom to set rates and shape coverage plans.

Senator Jeff Brandes from St. Petersburg sponsored the bill.  The bill is in response to escalating premiums the federal flood insurance program has put out on some homeowners,  Nearly doubling costs.

The senate may vote on another bill that would delay the increase of flood insurance rates.

Rules of Conduct

  • 1 Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
  • 2 Don't Threaten or Abuse. Threats of harming another person will not be tolerated. AND PLEASE TURN OFF CAPS LOCK.
  • 3 Be Truthful. Don't knowingly lie about anyone or anything.
  • 4 Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
  • 5 Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
  • 6 Share with Us. We'd love to hear eyewitness accounts, the history behind an article.

Welcome to the discussion.