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From YouTube: Flood Insurance Tips
Description
Just because you may not be required to carry flood insurance, that does not mean you'd be protected if disaster strikes. Home owners and flood insurance are two separate insurance policies. Learn why purchasing flood insurance may be a good option for you.
A
B
A
B
Have
had
catastrophic
weather,
primarily
since
2005
when
Katrina
hit,
and
we
keep
on
continuing
to
have
these
anomaly
of
storms.
We
saw
sandy
in
the
Northeast
who
would
have
thought
the
Northeast
rivers
have
received
that
type
of
flooding.
No
one
is
safe
from
flooding.
We
don't
know
where
the
next
storm
is
going
to
come,
so
we
have
to
be
prepared.
It.
B
B
A
What's
being
done
to
help
homeowners
afford
high
rising
prices?
Most
of
us
are
aware
of
the
biggert-waters
Act
that
was
passed
in
2012,
but
homeowners
did
not
receive
relief
from
that
bill.
A
new
bill
has
been
passed
that
will
allow
homeowners
to
pass
their
2013
flood
insurance
rate
on
to
a
new
homeowner.
Should
they
choose
to
sell.
Also,
there
will
be
a
limit
on
yearly
premium
increases
at
an
average
of
15
to
18
percent,
based
on
certain
FEMA
criteria.
Recent.
B
Legislation
that
with
House
bill
3378
just
passed,
is
going
to
help
undo.
Some
of
the
that
biggert-waters
has
presented
to
us
a
Barrett
waters
caused
people
to
have
these
astronomical
premiums.
Our
people
could
not
afford
their
homes
and
with
the
House
bill,
33
70
and
again,
we
believe
that
we
will
be
reconciled
with
the
Senate
bill
and
then
it's
off
to
the
president
for
signature.
It
will
allow
people
to
look
at
homes,
find
homes
and
build
afford
their
insurance
premiums
for
flood
insurance
based.