All buyers of older properties (“pre-FIRM”) will see a premium rate reduction under the Homeowner Flood Insurance Affordability Act of 2014. Instead of jumping to “full cost” for flood insurance, buyers will assume the seller’s Oct-2013 rate for a pre-FIRM property.FEMA also extended the rate relief so all pre-FIRM properties (including second homes and businesses) will begin … [Read more...] about FEMA New Flood Insurance Manual
FEMA
FEMA Encourages Participation in PrepareAthon Day
According to a recent survey conducted by FEMA, 50 percent of Americans have not discussed or developed an emergency plan for family members about where to go and what to do in the event of a local disaster. Additionally, nearly 70 percent of Americans have not participated in a preparedness drill or exercise, aside from a fire drill at their workplace, school or home in … [Read more...] about FEMA Encourages Participation in PrepareAthon Day