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Flood insurance rates may be rising | firstcoastnews.com - Vimarsana News

Flood insurance rates may be rising | firstcoastnews.com

Study says FEMA flood insurance rates could increase for thousands of homeowners Some insurance experts estimate it could translate into a 400% increase in premiums on homes in the highest risk areas. Author: Troy Kless (First Coast News) Published: 7:45 PM EST February 24, 2021 Updated: 12:34 PM EST February 25, 2021 JACKSONVILLE, Fla. — A new flood risk rating system could mean the price of protecting your home could soon become much more expensive. The National Flood Insurance Program covers more than 5 million homeowners across the country...