I met with the Sevier County Planning Commission yesterday about recent developments for Flood Insurance. Effective August 19, 2010 Sevier County is now a pariticpant in the National Flood Insurance Progam, a federally subsidized program to assist homebuyers in the cost of insurance. Prior to our county becoming a particiapnt, the county was not eligible for FEMA programs, and flood insurance in flood plain areas ranged from $3000 to $6000 annually and was mostly available from Lloyds of London! Now it will be about 1/10 of that and can be written by many insurance providers.
Anonymous
Now I understand why the people a few miles down the road from me are building on a lot that is several feet under water when we get heavy rains. I am stunned at what they have done, even dugout a huge pond near the creek. Guess they have bought enough insurance.
Nov 14, 2010 04:25 PM
#1
Rainmaker
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Jane Terrell
Broker Gatlinburg Homes for Sale
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