{"id":8571,"date":"2019-06-17T22:39:32","date_gmt":"2019-06-17T14:39:32","guid":{"rendered":"https:\/\/www.microdium.net\/public\/adapting-to-rising-flood-insurance-premiums-on-the-coast\/"},"modified":"2019-06-17T22:39:32","modified_gmt":"2019-06-17T14:39:32","slug":"adapting-to-rising-flood-insurance-premiums-on-the-coast","status":"publish","type":"post","link":"https:\/\/www.microdium.com\/public\/2019\/06\/17\/adapting-to-rising-flood-insurance-premiums-on-the-coast\/","title":{"rendered":"Adapting to Rising Flood Insurance Premiums on the Coast"},"content":{"rendered":"
\"Adapting<\/div>\n
\n

(TNS) \u2014 Laurie Futch has never put in a flood insurance claim in the 33 years she’s lived in her Island Street home, but she pays about $900 a year for a policy that only insures the $32,000 she still owes on her mortgage.<\/p>\n

<\/p>\n

Kevin Mann, also of Island Street, filed several flood insurance claims during the last few years and said his policy has spiked to nearly $5,000 annually, even though insurance didn’t cover much of the damage and loss of belongings.<\/p>\n

<\/p>\n

Down the street, Stephen Bartlett has seen his flood insurance policy go up only $214 in the last seven years to just more than $1,070, which gets him the maximum coverage of $250,000.<\/p>\n

<\/p>\n

It’s been nearly six years since policy changes and major revisions to flood maps \u2014 the federal documents that determine which homeowners must buy often expensive flood insurance policies \u2014 sparked panic among coastal residents who packed a middle school auditorium to voice fears about being forced out of their homes by the cost of insurance premiums. Others worried about spending down their savings trying to protect homes far from the beach from floodwaters that had never even come close to them before.<\/p>\n

<\/p>\n

…<\/p>\n

<\/p>\n

https:\/\/www.govtech.com\/em\/disaster\/Adapting-to-Rising-Flood-Insurance-Premiums-on-the-Coast.html<\/a><\/p>\n<\/div>\n


\nSource: DRJ New feed<\/p>\n","protected":false},"excerpt":{"rendered":"

(TNS) \u2014 Laurie Futch has never put in a flood insurance claim in the 33 years she’s lived in her Island Street home, but she pays about $900 a year for a policy that only insures the $32,000 she still owes on her mortgage. Kevin Mann, also of Island Street, filed several flood insurance […]<\/p>\n","protected":false},"author":1,"featured_media":8572,"comment_status":"false","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[15],"class_list":["post-8571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-disaster-recovery-cybersecurity-news-malaysia","tag-about"],"_links":{"self":[{"href":"https:\/\/www.microdium.com\/public\/wp-json\/wp\/v2\/posts\/8571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.microdium.com\/public\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.microdium.com\/public\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.microdium.com\/public\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.microdium.com\/public\/wp-json\/wp\/v2\/comments?post=8571"}],"version-history":[{"count":0,"href":"https:\/\/www.microdium.com\/public\/wp-json\/wp\/v2\/posts\/8571\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.microdium.com\/public\/wp-json\/wp\/v2\/media?parent=8571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.microdium.com\/public\/wp-json\/wp\/v2\/categories?post=8571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.microdium.com\/public\/wp-json\/wp\/v2\/tags?post=8571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}