Insurance For Homeowners

2008-06-13 Baraboo News Republic

Officials were unclear Tuesday of the villages status in the program which provides federally-backed flood insurance for homeowners, businesses and renters in communities that restrict development in high-risk flood areas.

Currently, more than 5. 4 million flood insurance policies are in approximately 20,300 participating communities nationwide through the program, according to the National Flood Insurance Programs Web site.

Village of Lake Delton officials are reviewing records relating to the villages apparent non-participation in the National Flood Insurance Program after flood waters washed away three Lake Delton homes and destroyed two more Monday.

www.wiscnews.com

2008-05-31

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Long Term Care Insurance Leader Goes Green, Targeting a Million Gallons of Gasoline Saved Per Year

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2008-03-29 Alaska Star - News: Candor of town hall meeting surprise to area newcomer

And ldquo;Were nearly 44 years removed from the Good Friday Earthquake, and Id hate to think what would happen should we experience another quake of that magnitude, and rdquo; he said. and ldquo;Especially with earthquake insurance costing so much. I imagine few people in this room have coverage for their homes. and rdquo;

Debbie Montgomery, who works as a health care provider for a small nonprofit agency, cant get health care coverage and wants the state to force the hand of insurance companies to provide affordable health care to all Alaskans.

www.alaskastar.com

2008-03-26 Tax Tips News Channel 32, Northeast Georgia

Theres a new deduction for private mortgage insurance for homeowners that either bought or refinanced their home in 2007.

Filing a tax return isnt what you might call fun. but this year it might be worth your time to take a closer look at this years new tax laws because they might help you get more deductions and credits. For example, If you made energy efficient home improvements to your primary residence, you may qualify for tax credits up to usd. 500, Mark Steber, Jackson Hewitts VP of Tax Resources explains.

www.wneg32.com

2008-03-09 How to know if you need flood insurance

Flood insurance for homeowners in high-risk zones can cost thousands of dollars annually, but for those outside known flood zones, the rate drops significantly, Kinerney said. A preferred-risk policy providing usd. 250,000 in coverage for damage to a building and usd. 100,000 for its contents costs about usd. 325 year. FEMAs online tool ( /floodsmart/pages/riskassesment/findpropertyform. jsp) allows consumers to search maps to determine the risk for a particular property and estimate the annual premium for federal flood insurance.

www.statesman.com

Many homeowners have the decision about flood insurance made for them: If their houses are in high-risk zones, their lenders require insurance. But people with properties that the government deems relatively safe from flooding can also buy insurance throu

2008-02-29 Lexington Insurance Company Introduces LexElite Eco-Homeowner Insurance

American International Group Peter Tulupman, Public Relations Manager 212-770-3141 Lexington Insurance Company, an American International Group company, today announced LexElite Eco-Homeowner(SM), insurance for homeowners generating their own power using geothermal, solar or wind systems. LexElite Eco-Homeowner also provides industry-leading coverage for eco-landscaping, plantings used to provide shade or influence wind movement to reduce heating and cooling expenses.

Eco-Homeowner, available as an endorsement to the LexElite(R) homeowner policy, responds to the unique risks faced by homeowners who generate their own power and feed surplus energy back into the local power grid. If a homeowners alternative-energy system has a covered outage, LexElite Eco-Homeowner will protect the homeowner against lost income generated from selling surplus energy back to the local energy company and will cover the extra expenses incurred to purchase replacement electricity. LexElite Eco-Homeowner also covers expenses for inspection, re-connection or permitting fees assessed by a utility or governmental authority when the homeowners alternative energy system is brought back online.

www.pr-inside.com

Lexington Insurance Company Introduces LexElite Eco-Homeowner Insurance

2008-02-21 FEMA: Gulfport problem sites must be fixed

But Blocker told the council if Gulfport didnt remedy its 165 problems, its CRS rating would quickly go from 8 to 10, meaning at least a 10 percent increase in flood insurance for all Gulfport homeowners.

Communities are rated from 1 to 10, the lower the number the better. A good rating could mean substantial price cuts on flood insurance for homeowners.

State and federal flood specialists Tuesday told the City Council that flood insurance citywide could jump 10 percent if the city cant remedy 165 problem properties, and soon.

www.sunherald.com

2008-02-13 Florida Association of Realtors President Urges Congress to Develop a Comprehensive National Disaster Policy

Protects property owners by ensuring that transparent and comprehensive insurance coverage is available and affordable, with premiums reflective of the risk involved; -- Acknowledges the importance of personal responsibility of those living in high-risk areas to undertake mitigation measures and purchase adequate insurance; -- Provides property owners adequate incentives to undertake appropriate mitigation measures; -- Acknowledges the importance of building codes and smart land-use decisions, while also recognizing that proper enforcement of both is best left in the hands of state and local governments; -- Recognizes the role of the states as the appropriate regulators of property insurance markets while identifying the proper role of federal

www.foxbusiness.com

- FL FL Assoc. Realtors

2008-02-06 Hancock County supervisors resist flood elevations

That would raise construction costs and require homeowners to buy flood insurance. In some zones, the cost of flood insurance for homeowners could be astronomical, city officials say.

Other governments have appealed FEMA flood maps. In Lee County, Fla. , commissioners won an appeal on 76 of 155 flood map panels. Joan LaGuardia, communications manager at the Lee County Community Development Department, said the county hired PBS and J, a nationwide engineering firm, to perform new models on the likelihood of disastrous floods.

www.sunherald.com

2008-02-02 The Modesto Bee Manteca levee gains a tentative OK from FEMA

But Stone encourages homeowners anywhere within even the 500-year flood zone and nearby to buy insurance. For homeowners in a low-risk area, insurance runs about usd. 317 a year for coverage of usd. 250,000 on a house and usd. 100,000 on its contents, according to an estimate provided on FEMAs Web site. The premium jumps to usd. 2,462 a year in high-risk areas.

The maps show that a 1-in-500 chance flood would reach even farther west in pockets north and south of the Highway 120 Bypass. The maps are a preliminary version of updated flood maps being prepared by FEMA for insurance purposes, which are expected to be final next year. When the maps are done, those living in areas within the 100-year flood area will be required to carry flood insurance.

www.modbee.com