FLOOD INSURANCE RATES INFORMATION

11/30/2015

Several Associated Press articles have hit the media today regarding the Flood Insurance Premium rise. NAR has worked vigorously to back a bill slowing the increase in rates to 18% per year, rather than the proposed 100% accelerated increase originally proposed.

Please familiarize yourself with the following articles, and stay in front of what will undoubtedly be a topic that your buyers will want your expertise on.

Nationally: Flood Insurance Hikes Still a Peril
Statewide: Flood insurance premiums set to rise in Washington

Any questions, please contact me at: rlwortham@gmail.com or 360-661-1500
Ron Wortham
Government Affairs Director
North Puget Sound Assoc. of REALTORS®

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