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'Millions Left On The Table': How Cities Can Do More To Battle Rising Flood Insurance Rates - Vimarsana News

'Millions Left On The Table': How Cities Can Do More To Battle Rising Flood Insurance Rates

Originally published on December 18, 2020 1:05 pm William Jennings and his wife have lived in their Virginia Beach, Va., home for the last 37 years. And their plan was to stay in it through retirement. "I really like my house," Jennings says, standing in the front yard. "A two-story home. A swimming pool in the backyard." But Jennings' neighborhood has flooded more often in recent years. His house did once, too. His mortgage requires flood insurance, which now costs him $2,336 a year and is set to increase 18% in July. The 72-year-old Army veteran worries that soon his home may no longer be...

WSKG | 'Millions Left On The Table': How Cities Can Do More To Battle Rising Flood Insurance Rates - Vimarsana News

WSKG | 'Millions Left On The Table': How Cities Can Do More To Battle Rising Flood Insurance Rates

Watch Live PBS Kids By | December 18, 2020 William Jennings and his wife have lived in their Virginia Beach, Va. home for the last 37 years. And their plan was to stay in it through retirement. “I really like my house,” Jennings says, standing in the front yard. “A two-story home. A swimming pool in the backyard.” But Jennings’ neighborhood has flooded more often in recent years. His house did once, too. His mortgage requires flood insurance, which now costs him $2,336 a year and is set to increase 18% in July. The 72-year-old Army veteran worries that soon his home may no long...

Source: wskg.org
'Millions Left On The Table': How Cities Can Do More To Battle Rising Flood Insurance Rates – Nation & World News - Vimarsana News

'Millions Left On The Table': How Cities Can Do More To Battle Rising Flood Insurance Rates – Nation & World News

Home/News from NPR/‘Millions Left On The Table’: How Cities Can Do More To Battle Rising Flood Insurance Rates ‘Millions Left On The Table’: How Cities Can Do More To Battle Rising Flood Insurance Rates By Sam Turken   December 18, 2020 William Jennings and his wife have lived in their Virginia Beach, Va. home for the last 37 years. And their plan was to stay in it through retirement. “I really like my house,” Jennings says, standing in the front yard. “A two-story home. A swimming pool in the backyard.” But Jennings’ neighborhood has flooded more often in recent years. H...

Source: wuft.org
Why Millions of Americans Still Can't Get Coronavirus Relief Funds - Vimarsana News

Why Millions of Americans Still Can't Get Coronavirus Relief Funds

“Not available,” it said. Wright said he had paid all his taxes. He manages a car wash in Baltimore, working steadily for the same company for the past 25 years. By April, as the pandemic gutted the city’s economy, the lines of cars were gone. His hours were cut and his income plunged. All around him people were receiving federal payments. This article was published in partnership with The Guardian. Wright soon learned there was no mistake. He would not get the aid because of an exclusion deep in the $2 trillion COVID-19 relief bill that Congress passed in March. If any family member ...

Can 'fire hardening' solve insurance crisis? - Vimarsana News

Can 'fire hardening' solve insurance crisis?

Can ‘fire hardening’ solve insurance crisis? 8 minute read Lucy Smallsreed’s neighborhood in Inverness borders on the Point Reyes National Forest and is a heavily wooded area making fire insurance a necessity. Anne Wernikoff/CalMatters photo Support Local Journalism CalMatters Sue Ladich spent $1,600 clearing brush and trees from around her home in 2014. In 2017, she ponied up $3,500 to clear even more potential wildfire fuel from her property. This year, she spent another $2,200. But the more than $7,000 and countless hours of work spent in the name of keeping her Truckee home safe fr...