NJ Spotlight News
Will higher risk for flooding mean a higher pricetag?
Clip: 9/28/2021 | 4m 28sVideo has Closed Captions
Carolyn Kousky shares insight into FEMA's new flood insurance rates
Changes are coming for New Jersey flood insurance policyholders. Most notably, the cost. Starting this Friday, Oct. 1, FEMA is rolling out an update to the National Flood Insurance Program it calls Risk Rating 2.0. The plan changes the way flood insurance rates are calculated and proponents say it better reflects the real cost of flooding. But it’s also expected to come with a higher price tag.
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS
NJ Spotlight News
Will higher risk for flooding mean a higher pricetag?
Clip: 9/28/2021 | 4m 28sVideo has Closed Captions
Changes are coming for New Jersey flood insurance policyholders. Most notably, the cost. Starting this Friday, Oct. 1, FEMA is rolling out an update to the National Flood Insurance Program it calls Risk Rating 2.0. The plan changes the way flood insurance rates are calculated and proponents say it better reflects the real cost of flooding. But it’s also expected to come with a higher price tag.
Problems playing video? | Closed Captioning Feedback
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS