The Solution to Flood Insurance Reform — www.quickfloodquote.com
A cure for the government run flood program is here! We offer a new private flood insurance option that is a fraction of the cost of what the government charges and no elevation certificate is required. Call us to find out details 720-299-6796 *although we're located in Colorado, we write flood insurance all across the country.
There is a new bill that just passed, but it will take at least eighteen months before we see relief on our government flood insurance premiums. The Biggert Waters Act took 18 months to go into effect and this bill will be no different.
Expected benefits with the new plan:
-Rebates for flood insurance customers who had huge rate increases.
Expected benefits with the new plan:
-Rebates for flood insurance customers who had huge rate increases.
-$1,000 elevation certificate requirement waived or delayed for some people.
-Grandfathering allowed.
-Buyer can assume seller’s cheaper policy.
-A CAP on annual increases of fifteen to eighteen percent instead of twenty to twenty-five percent.
-Delays or slowing of rate increases.
-The rules are still written in pencil, but we will continue to keep up with the developments to help our clients.
From our guys in Washington they've created more confusion for our clients located in a flood zone. The new Bill passed in March this year will reduce and/or delay the severe rate increases imposed by the 7/12/14 Biggert Waters Flood Reform Act for some flood insurance clients. Some changes are promised by 5/1/2014, but the rules are like Obamacare, still waiting right? It's time to say good bye to FEMA flood insurance and hello to private flood insurance!
GOOD NEWS!! That solution is here right now
Call us @ ABA Insurance for a free review today.
Call us 303 449 6677 for help with this or any other insurance matters, we are always here to help.
www.insurewithaba.com
