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Flood insurance rates

October 13, 2013
dsp Williamsport Sun-Gazette

I recently became aware of the Biggert-Waters Flood Insurance Reform Act of 2012 while trying to sell my home located in a flood fringe area. Several years ago I had a Elevation Certificate that indicated that the 1st floor of my home was above the flood plain. Two weeks ago, I had to re-survey the home for a possible sale and due to the new FEMA flood maps it now sits in the flood plain which requires that flood insurance be maintained on the home if there is a mortgage.

 
 

 

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