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Homeowners Now Have a Cheaper Option for Flood Insurance

Homeowners Now Have a Cheaper Option for Flood Insurance Money.com 2 hrs ago © Getty Images Insurance-Consider-Private-Flood For decades, there was little choice when it came to buying flood insurance: All policies were written by the federal National Flood Insurance Program. Now private policies offer a second option that, despite a few drawbacks, provides flood coverage that can be less expensive for many homeowners. Private policies aren’t perfect. For one, they’re less dependable than federal policies. Where the NFIP guarantees renewal of its policies, a private insurer may elect not to renew a policy or even to cancel it. And since private flood policies are new products, there’s uncertainty, even by insurance standards, about what policies might cost in future and which companies may still be writing them.

EXTREME WEATHER: Analysis: 8 counties got half of 2020 flood claims

Flood insurance

Gordon council adopts resolutions setting floodplain-related fees

Gordon council adopts resolutions setting floodplain-related fees Republican Herald (Pottsville, PA) Apr. 12 GORDON Two resolutions connected to an updated floodplain ordinance were adopted by the borough council at its April 5 meeting. Federal Emergency Management Agency, which has been updating the floodplain maps throughout the country. Following an informational meeting to inform residents about the changes, council President Todd Houser introduced resolutions regarding regulating construction or development in the floodplain, which in the floodplain ordinance which requires a permit from the borough; and another that allows the borough to establish fees for any appeal any action or decision of the floodplain administrator.

Best homeowners insurance in New Mexico 2021

Best homeowners insurance in New Mexico 2021 Bankrate 2 hrs ago © David Kozlowski/Getty Images David Kozlowski/Getty Images New Mexico has a climate with few extreme weather risks, but having homeowners insurance is still important for many people. The average cost of homeowners insurance in New Mexico is $1,545 per year for a policy with $250K in dwelling coverage. The best home insurance companies in New Mexico offer affordable premiums, comprehensive coverage options, good discounts and excellent customer service reviews. Based on our extensive analysis, these are 2021 s best homeowners insurance in New Mexico. © David Kozlowski/Getty Images Suburban house in New Mexico

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