flood insurance coverage: Flood Insurance - Who Needs It? - 08/29/13 09:51 PM
Flood insurance - who needs it? Basically everybody! Here are some facts on why I make that statement.
According to the National Flood Insurance Program, within the timeframe of a 30 year mortgage a homeowner has only a 9% chance of making a fire damage claim but a 26% chance of making a claim for flood damage! Pretty striking statistics, wouldn't you say?
If you read my post yesterday on the Flood Insurance Changes¬†going into effect on October 1, 2013, you know that the price increases are astronomical! If you own a little home priced at about $120,000 in flood zone … (63 comments)

flood insurance coverage: Flood Insurance Changes - Why Is The Media Ignoring This Impending Disaster? - 08/29/13 02:55 AM
Flood Insurance Changes - why is the media ignoring this impending disaster? The Biggert Waters Flood Insurance Reform Act goes into effect on October 1st, 2013!
Here is an example of the changes:
A single family home on Treasure Island with a value of $130,000 that currently has an annual flood insurance bill of $1300 will have an annual cost of $5300 for the SAME coverage.
How is it going to work? It is a little complicated but basically, if you currently have flood insurance and you keep it up, your increase will be gradual. If you purchase new, you pay … (28 comments)

 
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional, Palm Harbor, Dunedin, Clearwater, Safety Harbor (Charles Rutenberg Realty) Ambassador large

Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional

Palm Harbor, Dunedin, Clearwater, Safety Harbor

Clearwater, FL

More about me…

Charles Rutenberg Realty

Address: Serving Dunedin, Palm Harbor, Ozona, Crystal Beach, Tarpon Springs, Oldsmar,, Safety Harbor, Clearwater & our magnificent Gulf Beaches., Clearwater, FL, 33761

Office: (727) 775-3292

Mobile: (727) 775-3292

Email Me

Having grown up in south Tampa and lived here in Pinellas County for the last 30+ years, I know the area well! I am here to assist you in all of your real estate needs. Give me a call today at 727-755-3292 or send an e-mail to barbarajo@barbarajo.com. Be sure to visit my web site: www.barbarajo.com Ich spreche Deutsch! Google


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