The Federal deficit is 18 Billion and they must make up money so people in Higher risk Flood zones could seee as much as 20% increases. That new rate is only about $100 or more per year, which is nothing compared to the increases we have seen from the Home Insurance rates here in Fort Laderdale and all of Florida. Flood Insurance is a Federal Program through FEMA  so it has more ways to bring in the revenue and it will start when this bill passes later this month for a 5 year deal we all hope. Please read this article in the Fort Lauderdale sun Sentinal and it was sent t us by our friends at First State Insurance. Please call L & S at 1-888-244-7400 and ask for a quote  for Home, Auto, Flood, Busines & Commercial, and even LIfe Insurance as well.

http://www.sun-sentinel.com/fl-flood-insurance-higher-rates-20120502,0,5377514.story