Tag Archives: Biggert-Waters Flood Insurance Reform Act

Proposed Bill would Decrease Flood Insurance Costs

By Megan Cooney, Marketing Assistant Important Updates to Flood Insurance: March 17, 2014: The U.S. Senate passed the “Homeowners Flood Insurance Affordability Act.” *** The U.S. House of Representatives recently passed a bill that would help lower the cost of flood insurance. On Tuesday, March 4, 2014, the “Homeowner Flood Insurance Affordability Act” was passed […]

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Flood in Your House, Flood on the Brain

By Megan Cooney, Marketing Assistant As of October 2013, many aspects of the Biggert-Waters Flood Insurance Reform Act of 2012 (BW12) are being put into effect. The reform has many homeowners struggling to understand how it will affect them. The bottom line is this. The rates for flood insurance are dramatically increasing, and many homeowners […]

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