{"id":16037,"date":"2019-09-17T13:55:34","date_gmt":"2019-09-17T13:55:34","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=16037"},"modified":"2019-09-17T13:55:35","modified_gmt":"2019-09-17T13:55:35","slug":"flood-insurance-extension","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/flood-insurance-extension\/","title":{"rendered":"Flood Insurance Extension"},"content":{"rendered":"

Flood Insurance Extension<\/h1>\n
\"Flood<\/a>

Flood Insurance Extension<\/p><\/div>\n

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Congress is expected to extend the National Flood Insurance Program<\/a> before it expires Sept. 30, but less clear is when Congress will turn to meaningful program reforms the National Association of REALTORS\u00ae and other housing groups have advocated for years.<\/p>\n

Outdated federal flood maps\u2014some of which haven\u2019t been updated in more than 40 years, housing experts warn\u2014may be influencing homeowners not to seek proper flood insurance if they falsely believe they don\u2019t live in a high risk floodplain. NAR has long called on reforming the maps, which the Federal Emergency Management Agency uses to assess flood risk and crisis response.<\/p>\n

Insurance premiums are also failing to reflect the true risk to properties, NFIP CEO David Maurstad told the McClatchy Company in a recent article. \u201cWe\u2019ve been working to make sure people understand right now that not enough people have the flood insurance they need\u2014not only after big events like Dorian,\u201d Maurstad says. \u201cToo many people are in denial about their flood risk.\u201d<\/p>\n

Congress has already extended the NFIP, which provides flood insurance coverage to 22,000 communities nationwide, 12 times. Lawmakers are expected to extend the NFIP for at least another 60 days, but NAR analysts say Congress has yet to reach a decision point on a long-term solution. McClatchy reports that divisions persist in Congress between representatives from many areas of the country\u2014especially along the coasts\u2014and those from lower-risk regions inland.<\/p>\n

Meteorologists warn that rising sea levels and increasingly powerful storms will continue to threaten more areas with flooding. NFIP protects property owners against flooding, which is the most common and costly natural disaster in the U.S.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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\u2018Too Many People Are in Denial.\u2019 FEMA Urges Homeowners to Buy Flood Insurance<\/a>,\u201d McClatchy Company (Sept. 12, 2019)<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Flood Insurance Extension Congress is expected to extend the National Flood Insurance Program before it expires Sept. 30, but less clear is when Congress will turn to meaningful program reforms the National Association of REALTORS\u00ae and other housing groups have advocated for years. Outdated federal flood maps\u2014some of which haven\u2019t been updated in more than … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-16037","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nFlood Insurance Extension - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"description\" content=\"Flood Insurance Extension\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.anthonydidonato.net\/wordpress\/flood-insurance-extension\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/flood-insurance-extension\\\/#article\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/flood-insurance-extension\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Flood Insurance Extension\",\"datePublished\":\"2019-09-17T13:55:34+00:00\",\"dateModified\":\"2019-09-17T13:55:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/flood-insurance-extension\\\/\"},\"wordCount\":304,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/flood-insurance-extension\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2019\\\/09\\\/09182019.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/flood-insurance-extension\\\/\",\"url\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/flood-insurance-extension\\\/\",\"name\":\"Flood Insurance Extension - 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