How Will the New Flood Insurance Bill Impact You? – St. Petersburg, FL Real Estate Blog

While flood insurance isn’t mandatory in Florida, you may be required to purchase a policy to obtain a mortgage if your home is in a higher risk flood zone. The average cost of flood insurance in Florida is more than $500 per year.

Last week, the U.S. Senate took action on a bill that would help coastal homeowners – especially those in Southwest Florida – combat high flood insurance premiums and passed the Homeowner Flood Insurance Affordability Act of 2013.

Now state lawmakers are suggesting Florida should create its own private flood insurance market. But the quickest and surest way to stave off the economic impact. incoming St. Petersburg Mayor Bill.

No one really knows exactly what the impact. the new law, because such actions were not detailed in the legislation. In a later estimate, the CBO suggested the cost of implementing the bill over.

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We have a friend that lives in Pinellas county (Which I think Palm Harbor is) and says that in this county flood insurance went way up is this true? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

Pinellas County, Florida – flood warning & safety. Flood insurance covers you for damage to your home, business and contents due to surface accumulation of water from inland or tidal flooding and erosion due to flooding.

PETERSBURG – Nearly 40 real estate agents packed the sweltering conference room in downtown St. Petersburg this week to hear flood insurance expert Pete Travis describe the new – and expensive.

Biggert Waters Flood Insurance, A New Wave of Foreclosures In St. Pete/Tampa Florida The Chamber has wrapped up another focus st. pete program, that ran over the course of Thursday, June 20 th – Friday, June 21 st.As a new resident, potential newcomer, or curious local, FOCUS St. Pete serves as a community-orientation program that allows attendees the opportunity to become further acquainted with the ins and outs of St. Pete in a short duration of time.

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Zillow has 11 homes for sale in Seminole FL matching No Flood Insurance required. view listing photos, review sales history, and use our detailed real estate filters to find the perfect place.

Flood Insurance in Saint Petersburg on See reviews, photos, directions, phone numbers and more for the best Flood Insurance in Saint Petersburg, FL.