Hurricanes and other events cause flood insurance premiums to go up

Hurricanes Harvey, Nate, Irma and Maria caused catastrophic damage in the United States in 2017.   These disasters have cost taxpayers billions and are expected to cost ordinary flood insurance policyholders significant sums in the future.  If you’d like to know why insurance premiums are on the rise and how it can and will impact you, click on the image below…

The premiums you pay are expected to jump up because of millions of claims from Hurricanes Harvey, Maria and Irma. €œThis is our 4th house in this neighborhood because we love Shore Acres,” she explained. Her home is in a high risk flood zone, costing her family $300 a month in flood insurance alone!

Flood insurance premiums going up – WFTS-TV