re: Anybody considering just dropping flood insurance with the rate increases?

quote:

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Renewal just jumped to $685 and my agent tells me after the rate increases are done my premium will settle in around $1,350.

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Same here, a few years ago I paid $365 a year. My neighbor, said her agent told her the rate increases only apply to continuous policies. If you chose not to renew, then renew the following year, you would start with the max total bill.