FEMA's individualized approach to risk assessment is built on years of investment in flood hazard information, and one of the tools they provide for homeowners is their Flood Insurance Mitigation Discount ...
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The National Flood Insurance Program’s New Rating Methodology
The National Flood Insurance Program’s (NFIP) has a new rating methodology, Risk Rating 2.0, and FEMA says it will deliver rates that are easier to understand and better reflect a property’s unique flood ...
Read moreDifferent levels of insurance policy coverage
Most commonly used in the state of Maryland to protect a buyer and ensure that title to a property is clear and marketable in a real estate transaction, is the purchase of a title insurance policy.Title ...
Read moreLWB Real Estate Report: Hurricane & FEMA Coverage
It’s June and summer is finally here. But so is the official start of hurricane season in the Atlantic. In our coastal town, most properties near the watercarry flood insurance, even if the recent ...
Read moreLWB Real Estate Report: Flood Insurance Facts
Real Estate Report: The National Flood Insurance Program (NFIP) sends a summary of coverage document to homeowners who carry flood insurance. This document provides basicinformation on flood policies, ...
Read moreChanges Affecting Home Buyers and Sellers
Changes Affecting Home Buyers and Sellers: Various legislative changes and industry modifications are made throughout the year that can affect both homebuyers and sellers. Here are two of the moresignificant ...
Read moreFuture of National Flood Insurance Uncertain
Congress is unlikely to reach a long-term agreement on the National Flood Insurance Program (NFIP) before the program expires on Sept. 30th. The debt-strappedprogram covers flood damage not typically ...
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Recent Posts
- Flood Insurance Mitigation Discount tool
- The National Flood Insurance Program’s New Rating Methodology
- Different levels of insurance policy coverage
- LWB Real Estate Report: Hurricane & FEMA Coverage
- LWB Real Estate Report: Flood Insurance Facts
- Changes Affecting Home Buyers and Sellers
- Future of National Flood Insurance Uncertain
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