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The Homeowner Flood Insurance Affordability Act of 2014 was introduced into the United States Senate on January 14, 2014 by Sen. Robert Menendez (D, NJ). [7] Senator Johnny Isakson (R-GA) was the main Republican co-sponsor of the bill. [1] The bill was debated and considered on January 27, 28, and 29th, 2014. [7]
The Homeowner Flood Insurance Affordability Act of 2013 is a bill that would reduce some of the reforms made to the federal flood insurance program that were passed two years prior. [1] The bill would reduce federal flood insurance premium rates for some properties that are sold, were uninsured as of July 2012, or where coverage lapsed as a ...
In January 2014, the United States Senate passed the Homeowner Flood Insurance Affordability Act of 2014 (S. 1926; 113th Congress). That bill would delay the increases in flood insurance premiums that were part of the Biggert–Waters Flood Insurance Reform Act of 2012.
FEMA manages the NFIP, which Congress created in 1968 with the National Flood Insurance Act. Homeowners, businesses, and renters can buy flood coverage through the NFIP Direct system or more than ...
Conventional homeowners insurance offers little to no flood protection, and nationwide just 4% of households carry flood insurance. That gap in insurance coverage can leave homeowners with ...
Homeowner Flood Insurance Affordability Act of 2014; N. National Flood Insurance Act of 1968; National Flood Insurance Program
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