By CHRISTINE LEGERE email@example.com
September 27, 2013
A heavy downpour in 2011 caused flooding on Barnstable Road in Hyannis.
Cape Cod Times File/Jim Preston
Local, state and federal officials are mobilizing to delay dramatic hikes in flood insurance premiums rapidly coming down the pike for property owners in flood-prone areas.
The increases are part of a federal law designed to return the National Flood Insurance Program to the black. The government-subsidized program has been driven nearly $30 billion into the red by storm damage over the last several years.
On Thursday, the entire Massachusetts congressional delegation signed on to a letter delivered to House and Senate leaders saying they recognize the aim of Biggert-Waters Flood Insurance Reform Act of 2012 but they urge a delay in premium increases until a cost study, mandated in the act, has been done.
ATTENTION!! New Home Insurance for the CAPE COD area!! You may obtain MORE WIND INSURANCE before a Hurricane hits the coastal area of Cape Cod. Do you know what your current wind deductible is on your policy? If you are currently in the MPIUA 'Fair Plan,' the MA state plan, then you may have a $14,000 wind deductible or higher.
INCREASE YOUR WIND INSURANCE on your HOME
The NEXT THREAT INDEX
FOR MORE INFO: (508) 540-2601
Learn how to increase your WIND INSURANCE on your home before the next threat index arrives from Hurricane Central. If you're still in the MPUIA - Massachusetts Property Underwriting Insurance Association - MA STATE 'Fair Plan' - You might have a HIGH 'Wind Deductible' on your home. That means you'll have to pay for most, if not all Wind Damage to your home after a hurricane.
NHC Hurricane Specialist John Cangialosi discusses the deadly danger of inland flooding caused by tropical cyclones.
NHC Hurricane Specialist Unit Branch Chief James Franklin provides an overview of the hurricane hazards and the importance of not using the seasonal outlook to prepare for the season.
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