Town Square

Post a New Topic

FLOOD INSURANCE PREMIUMS (FEMA)

Original post made by Michael Austin on Feb 14, 2014

For fourteen years I have purchased flood insurance for my property and home. I purchase the flood insurance for three reasons.

1. My property and home is below grade.
2. Leaves from the city owned trees on my street tend to clog up the gutter causing the rain run off to backup and flow down into my driveway.
3. There is a fire hydrant across the street from my property on the corner. If someone takes it out, my property will flood.

When I started purchasing flood insurance fourteen years ago, the standard premium each year was $317.00. My property is not in a flood plain, my property is not required to be protected with flood insurance (FEMA). I purchase flood insurance voluntarily simply to have the extra protection.

For the past three years or so, FEMA suddenly is changing the rules causing flood insurance premiums to sky rocket for every property in a flood plain, also for every property in newly declared flood plains as determined by FEMA. Properties that have never been in a flood plain the previous 2014 years.

My property continues to remain out of the newly FEMA declared flood plains. But, my premium went up also. My premiums have increased each of the last three years. I now pay $449.00 for year 2014.

I received an email Monday this week from Aisha Knowles, Public Information Officer, Alameda County Fire Department. In her email, Aisha announced that FEMA awarded that organization $4.1 million Grant to hire and train new fire fighters for the county.

So, my thought is, how many counties across America is FEMA giving millions of dollars to in the form of grants. It certainly explains and identifies where the fees collected from increased flood insurance premium money is going.
Perhaps FEMA should increase fire insurance premiums for property owners in high fire hazard areas, and for those folks that continue to build in high fire hazard areas after having been burnt out.

Properties not located in flood plains, properties not required to purchase FEMA flood insurance, property owners that voluntarily purchase FEMA flood insurance should be given a bye. The property owners that build and or continue to reside in declared flood plains and have experienced flooding and rebuild should be subjected to higher flood insurance premiums.

Comments (1)

Posted by Sam, a resident of Oak Hill
on Feb 16, 2014 at 9:06 am

An annual premium of $449 or even $317 sounds pretty pricey for flood insurance. Only a few houses in Pleasanton are in the 100-year flood zone. Everything else is in the 500-year zone or higher. I suspect that most Pleasantonians don't have flood insurance and have no opinion on FEMA flood insurance premiums.


If you were a member and logged in you could track comments from this story.

Post a comment

Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

We prefer that you use your real name, but you may use any "member" name you wish.

Name: *

Select your neighborhood or school community: *

Comment: *

Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.

*Required Fields

Circumstances without Pomp
By Roz Rogoff | 3 comments | 1,037 views

‘Much Ado’ or is it Adios for ObamaCare?
By Tom Cushing | 20 comments | 656 views

Political posturing about water
By Tim Hunt | 3 comments | 641 views