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Flood-insurance hikes ravage Tampa Bay neighborhood home sales

Flood-insurance hikes ravage Tampa Bay neighborhood home sales

Flood-insurance hikes ravage Tampa Bay neighborhood home sales
News from Tampabay.com:

ST. PETERSBURG — Frank and Shirley Davis are desperate.

The Shore Acres homeowners, in their late 70s and in failing health, are eager to move to Philadelphia and into their daughter’s care.

But just weeks after they listed their quaint brick rancher for $ 175,000, dramatic flood-insurance changes kicked in. Anyone who bought the home would have to pay nearly $ 4,000 in annual premiums, if not more.

  • Poll: Opposition to flood insurance rate hikes is strong

    5 Days Ago

  • Opponents of flood insurance rate hikes galvanize at community forum

    3 Months Ago

  • Nuclear follies, skyrocketing flood insuran…………… continues on Tampabay.com

… Read the full article


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