New Private Options May Ease Flood Insurance Costs
Hurricane season begins June 1st – 33 days and counting. Mississippi Insurance Commissioner Mike Chaney says that’s why this is the time to talk flood insurance.
“If you need flood insurance, you must buy it 30 days before a flood occurs or is in the process of occuring,” he says.
Chaney says there is some good news for consumers – within the past 2 years, five new private companies have begun offering flood insurance on the Mississippi gulf coast, often at lower rates than the federally backed National Flood Insurance Program.
MPB
4/29/16
About the Author(s)
Magnolia Tribune
This article was produced by Magnolia Tribune staff.
More Like This
More From This Author
Previous Story
Next Story
DC
|
Lisa Mascaro, Associated Press
, Mary Clare Jalonick, Associated Press
, Leah Askarinam, Associated Press
•
July 3, 2025
House Republicans are pushing Trump’s big bill to the brink of passage
GOP leaders were up all night and the president himself worked to persuade skeptical holdouts to drop their opposition and deliver by their Fourth of July deadline.