How Will the New Flood Insurance Bill Impact You? – St. Petersburg, FL Real Estate Blog

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But when it came to safeguarding hundreds of thousands of Floridians facing dramatically higher flood insurance. For new owners of those older homes, the impact can be a fivefold increase in price.

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Flood Insurance Changes Could drown housing markets share this post: A new federal law that is intended to overhaul the nation’s flood insurance system could have devastating effects on homeowners, homebuilders and others in the housing industry in coastal and flood-risk areas.

So be sure you don’t have a dry creek bed going through your property. Homeowners insurance doesn’t cover floods, and flood insurance can add hundreds of dollars to your insurance bill. unless they.

Zillow has 76 homes for sale in Saint Petersburg FL matching Flood Insurance. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place.

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Concern about flood coverage has put a damper on the Tampa Bay real estate market.. of northeast St. Petersburg, said the insurance crisis helped scuttle two recent contracts.. new law has.

What is the average flood insurance on condos on Bahia del Mar area in St petersburg? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

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Pinellas County, Florida – flood warning & safety. Flood insurance covers you for damage to your home, business and contents due to surface accumulation of water from inland or tidal flooding and erosion due to flooding.

PETERSBURG – Nearly 40 real estate agents packed the sweltering conference room in downtown St. Petersburg this week to hear flood insurance expert pete travis describe the new – and expensive.