Home Living in a flood zone? Check your insurance. It may be about to go up.
 

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Living in a flood zone? Check your insurance. It may be about to go up.

2013-09-27 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Christian Science Monitor: If you live on a coastline or in a river flood plain, check your flood insurance and where your home or business sits on the latest federal flood maps. As of Oct. 1, the final stages of a 2012 flood-insurance reform law kick in, aimed at substantially reducing subsidies for federal flood insurance. Premiums charged to most once-subsidized policyholders are slated to rise over the next four years, until the premiums reach the rate that reflects the true flood risk their properties face. The Federal...

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