Homeowners face flood insurance crisis in Pinellas Co. Submitted by Kathryn. comes the need for flood insurance. New insurance rates are coming in October and the Elstons will go from paying $1,500 a year to more than $12,000.. WTSP-TV / WTSP, 11450 Gandy Blvd, St. Petersburg, FL 33702.
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While flood insurance isn’t mandatory in Florida, you may be required to purchase a policy to obtain a mortgage if your home is in a higher risk flood zone. The average cost of flood insurance in Florida is more than $500 per year.
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ST. PETERSBURG — What is billed as the nation’s first online flood insurance store is up and running. St. Petersburg-based Neptune Flood has launched its new digital store, neptuneflood.com.
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Naples FL Real Estate and More: The New Flood Insurance Bill By. Allows subsidized, below-market flood insurance policies to be passed from a homeowner to a homebuyer during a real estate transaction, something demanded by real estate professionals;. Search Our Blog.
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