We’ve seen the private market take huge rate increases on new policies, lately. For example, one quote done back in July was $1731.68. When we updated it this month it went up to $7396.56. Another went from $661 to over $3000. We went to other private market...
Nice job, Stratford!! Per an article that appeared today in the online e-newsletter from Stratford Patch the town of Stratford has completed floodplain management measures that will result in lower insurance premiums in flood insurance policies issued by the National...
The National Flood Insurance Program (NFIP) has been extended to Sept. 30th as part of a larger Disaster Aid package. It has passed Congress and heads for the anticipated signature into law from President Trump. The program had received a last-minute 2-week extension...
We predicted this back on April 10th: “It’s early, but here’s my prediction: Prepare for another suspension of the program followed by another short-term re-authorization.” Here we are! The NFIP is now due to expire, again, at the end of May....
More changes are coming that will be affecting the local housing market, realtors and property owners. The National Flood Insurance Program (NFIP) will implement a number of changes beginning April 1, 2019. Here are the more significant ones that impact Stratford,...
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