long island south shore real estate values: Relief Hopefully on the Horizon for LI Homeowners in Flood Zones
- 01/29/14 12:33 AM
Relief Hopefully on the Horizon for Long Island Homeowners in Flood Zones
Homeowners who are situated in flood zones may finally get relief sometime later this week, when a bill comes up for Senate action. This is known as the Homeowner Flood Insurance Affordability Act and it is in response to the 2012 Biggert-Waters flood Insurance Law.
If you live and work on Long Island's south shore, as I do, you are desperate to hear some good news about flood insurance rates.
The practice of grandfathering current homeowners' flood insurance premiums for future buyers came to a halt after Superstorm … (4 comments)
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Relief Hopefully on the Horizon for Long Island Homeowners in Flood Zones
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