FEMA is raising the cost of flood insurance starting October 1st 2021. In this video Marcus Bruno, of Bruno Fine Properties, discusses the potential impact to homeowners with existing coverage. Marcus also explains why it's a good idea for everyone to get coverage, including new home buyers and homeowners who are not in flood zones.
For more information: https://www.cnbc.com/2021/08/17/fema-overhauls-national-flood-insurance-program-for-climate-change.html