Peter SchorschOctober 15, 2013
2min157
For hundreds of thousands of Floridians, flood insurance rates are about to skyrocket. The Biggert-Waters Flood Insurance Reform Act contains a little-known provision thatsaddles 268,000 Floridians with rate hikes of 20 to 25 percent each year. These homeowners will see their rates rise upon renewal. If they choose to sell their homes, new buyers will face much higher […]