Sponsored by

Federal Flood Insurance Premium Hikes Impacting Thousands Locally

A Federal Law calling for increases in Flood Insurance Premiums and fees could impact thousands of area residents and force many out of their homes.
Courtney Homenchak of Dickson City says her flood insurance premiums will double if a Federal Law goes into effect as planned this year- Homenchak said- "I don't think it is fair to have our rates go up this much without a reasonable explanation as to why!"-The Biggert-Waters Act of 2012 is supposed to keep the National Flood Insurance Program financially solvent-FEMA coordinates the program- It turns out that Biggert-Waters could hurt the people it was supposed to help by increasing rates and fees-- Homenchak added, "We don't even see flooding here and a new drainage project nearby should mean lower fees not higher ones-" State Representative Kevin Haggerty (D) Lackawanna County introduced a resolution urging Federal lawmakers to delay Biggert-Waters--- Haggety said, "This will be devastating to so many people in our area--I get calls everyday about this"---  Congressman Lou Barletta (R) 11th District said,  "We need to lesson the impact of natural disasters not just help with the cost of flood insurance policies--"    Senator Bob Casey is also pushing for changes in the way FEMA determines insurance premiums as well a how flood zone areas are determined---
Page: [[$index + 1]]
comments powered by Disqus