Could Homeowners Catch a Break on Flood Insurance Costs?

In South Mississippi and other parts of the country that are prone to flooding, flood insurance is an absolute necessity. Unfortunately, however, flood insurance can often get quite costly; even policies that are initially affordable often grow more and more expensive over time due to rate hikes. Fortunately for homeowners, Congressman Steven Palazzo recently introduced a flood insurance relief bill, which was passed in the senate. However, the bill still has yet to be voted on by the house.

The bill aims to keep flood insurance rates reasonable and to stop companies from offering low flood insurance rates that they gradually raise over time. If the bill passes, that could mean an increase in the number of people securing flood insurance and the number of people filing related claims. Obviously, these people will require the help of a professional insurance adjuster, and if your company isn’t equipped to provide enough adjusters to assist them, you’re likely going to need some outside help.

Fortunately, you can think of HC Adjuster as your go-to spot when you need a professional insurance adjuster or several. In fact, any time you get backed up or require any extra help, it’s the place to go!

Related articles

• Congressman Palazzo says flood insurance relief bill vote expected in Congress (yallpolitics.com)
• Mississippi Officials Seek Ways to Stem Flood Insurance Rate Hikes (insurancejournal.com)