Flood Insurance ‘Fix’ in the Works

ocean-571328_960_720Several leaders, including the heads of a national wildlife organization, taxpayer association  and National Realtors, are saying the flood  insurance program is in serious need of ‘fixing.’

For those of us who live on Anna Maria Island,  the ‘fixing’ will end up taking money out of our pockets. Already, flood insurance rates are going up about 18 percent each year,  which means a lot to people who have such insurance on a ground-level home. For those in homes whose lowest occupied floor are at 10 feet above base flood elevation, the hit is less.

But it’s clear that something needs to be done, and not just along the coast, but along rivers, bays and other inland flood zones. It seems that this brief article leaves a lot unsaid. For example, ‘How?’

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