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Fairhaven Homeowners Look For Help With Flood Insurance Premiums

High flood insurance premiums in Fairhaven are leaving residents out to dry.

At Monday's Selectmen's meeting, representatives spoke about FEMA's Community Rating System that gives discounts to participating communities going beyond the minimum standards for flood preparation

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FEMA Flood Insurance Rate Maps (Credit: fema.gov
FEMA Flood Insurance Rate Maps (Credit: fema.gov

Hearing Will Focus On New Flood Insurance Law

The Massachusetts Division of Banks will hold a public informational hearing to get input on rules that require creditors to provide disclosures when a borrower is required to purchase flood insurance

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Jim Phillips / TSM / Area residents study flood zone maps
Jim Phillips / TSM / Area residents study flood zone maps

Flood Zone Maps Unveiled By FEMA

Southcoast residents got a chance Tuesday night to study the latest flood zone maps created by FEMA. Dozens of area residents made their way to the Fort Tabor Community Center to learn whether or not their homes were located in flood zones, requiring them to buy flood insurance

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Martin Hunter / Getty Images

Help For Those That Need Flood Insurance

The Massachusetts House of Representatives has unanimously approved a bill aimed at softening the impact of new federal flood insurance rules on many coastal homeowners.

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Getty Images -  Rep. William Keating (D) Mass.
Getty Images - Rep. William Keating (D) Mass.

Keating Opposes FEMA’s Flood Zone Maps

 

U.S. Rep. William Keating of Massachusetts wants some changes in the flood insurance program. 

He's asking fellow members of Congress to support a bill that would delay the use of FEMA's new flood zone maps that are used to set flood insurance rates. 

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