House approves bill to ease flood ins...

House approves bill to ease flood insurance hikes

There are 2 comments on the story from Mar 4, 2014, titled House approves bill to ease flood insurance hikes. In it, reports that:

The bill would allow sellers to pass along their subsidized, below-market insurance rates to new buyers and lower the limit on how much flood insurance premiums can rise each year.

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Wilton, ND

#1 Mar 4, 2014
About time! If I want to build in a flood zone, it's my right. If I get flooded I need someone to pay for my house so I can build there again. It's the progressive way.

“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

#2 Mar 5, 2014
And the average taxpayer gets screwed again by the Republicans so the rich bitches can rebuild their waterfront homes with our money.

Time to dump the federal flood insurance program and let the free market handle it.

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