Flood insurance - subsidized premium rates eliminated
Original post made by Julia, Professorville, on Sep 25, 2013
It says that my existing flood insurance policy will not be renewed because NFIP subsidized premium rates are eliminated and I will need to pay full risk premium rate (plus provide an elevation certificate, photographs of the building).
I have lived in this house for 8+ years and always had flood insurance and it just seems strange that now I have to go through all this. Has anyone received similar notices?