FEMA Announces Rates Remain The Same - KFYRTV.COM - Bismarck, ND - News, Weather, Sports

FEMA Announces Rates Remain The Same

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FEMA has announced that flood insurance premiums will remain at pre-Biggert-Waters rates until legislation passed this year goes into effect.

The Homeowner Flood Insurance Affordability Act, which was passed in March, is aimed at preventing unnecessary hikes in premiums.

FEMA also says it will provide refunds for homeowners who have already paid higher rates.

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