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Charleston SC Homes For Sale : How April 2015 Flood Insurance Changes Will Affect Premiums

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe that Charleston SC Homes are truly unique.  I look forward to helping you with any of your here at Charleston SC Homes For Sale we look forward to meeting all your real estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:
 
Charleston SC Homes For Sale :  How April 2015 Flood Insurance Changes Will Affect Premiums
 
 
Charleston SC Homes For Sale :  How April 2015 Flood Insurance Changes Will Affect Premiums
 
The National Flood Insurance Program (NFIP) is in the process of implementing Congressionally mandated reforms required by the Homeowner Flood Insurance Affordability Act of 2014 (HFIAA) that repeal and modify the Biggert- Waters Flood Insurance Reform Act of 2012 (Biggert-Waters). The new law slows some flood insurance rate increases and offers relief to some policyholders who experienced steep flood insurance premium increases in 2013 and early 2014. Flood insurance rates and other charges will be revised for new or existing policies beginning on April 1, 2015. In addition to insurance rates, other changes resulting from Biggert-Waters and HFIAA will be implemented that will affect the total amount a policyholder pays for a flood insurance policy. Highlights of some of those changes follow.  Click her to see the entire FEMA FACT SHEET.
 
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Sincerely,
 
"Carolina Joe" Idleman
http://www.charlestonscrealestateforsale.com