Some Lake Stevens homeowners now must buy flood insurance
LAKE STEVENS — The Trouts have lived on the lake for nearly two decades.
“All of a sudden we get hit,” Rick Trout said.
Their mortgage company called and said their home now lies in a Federal Emergency Management Agency designated flood hazard area.
When FEMA updates its maps, homeowners may find themselves slapped with a policy through the agency’s National Flood Insurance Program. For the Trouts, it was initially $2,000. Flood insurance is mandatory for those with mortgages, but homeowners can shop around.
Trout said it came as a surprise.
But flooding is a regional threat, and those living near any freshwater may expect to see more flooding in the future because of the warming climate.
https://www.heraldnet.com/news/some-lake-stevens-homeowners-now-must-buy-flood-insurance/
= new reply since forum marked as read
