Sentences with phrase «keep federal flood insurance»

Not exact matches

Though towns and villages have largely completed the storm debris cleanup, with help from the Federal Emergency Management Agency, many residents are still waiting on flood insurance inspectors kept busy with the devastation to the west, said Town Supervisor Scott Russell in early December, as Southold agreed to continue to allow residents to dispose of flood - damaged household belongings through early 2013.

In order to keep renters insurance prices reasonable and to make sure the coverage is available to anyone who wants it, the federal government underwrites the majority of flood insurance in this country.

The president and Congress should cut federal subsidies that keep the price of insurance in some high - risk zones (flood plains, coastal areas threatened by rising seas, and regions prone to wildfires) artificially — and disastrously — low.

Keep in mind that flood insurance, while offered by the federal National Flood Insurance Program, must be purchased through an insuranceinsurance, while offered by the federal National Flood Insurance Program, must be purchased through an insuranceInsurance Program, must be purchased through an insuranceinsurance company.

The federal government basically backs the program and assumes some of the risk / cost to keep the insurance premiums artificially low, largely because there is not much of a viable private insurance market for flood insurance.

Residents in low - and moderate - risk areas are not federally required to keep an active flood insurance policy, but in a federal or insured mortgage, the added protection has the potential to pay for itself after the first occurrence.