Mark Dalton Insurance Agency Mark Dalton Insurance Agency   Auto Insurance Home Insurance Business Insurance Life & Health Insurance Church Insurance Get A Quote


The National Flood Insurance Program (NFIP) is in the process of implementing Congressionally mandated reforms required by the Homeowner Flood Insurance Affordability Act of 2014  (HFIAA).  Flood insurance rates will be revised for new or existing policies beginning on April 1, 2015.  Other changes will also be implemented that will affect the total amount a policyholder pays for a flood insurance policy.  The April 1, 2015 changes will include an annual surcharge on all new and renewed policies, an additional deductible option, an increase in the Federal Policy fee and rate increases for most policies. (for additional information:

 The annual surcharge change will require an action by the Residential policyholderResidential flood insurance customers must now prove the insured dwelling is their primary home.  If it is their primary home, they will be assessed a $25 surcharge at renewal.  If it is not their primary home, the surcharge will be $250.  If they fail to respond to the request for proof that it is their primary home (i.e they ignore the request for information) they will automatically be hit with the $250 surcharge.

Commercial flood policies (especially higher values) will experience significant price increases.

These changes will also include the availability of higher deductible options.  The policyholder may choose a higher deductible to reduce the premium, thus reducing the affect of the rate increase.

As always, MDIA, INC./Mark Dalton Insurance Agency  (  is here to assist and guide you through these changes and requirements.  

MDIA is reachable via:  web:   Facebook:  or 
    phone:   281 242 2333.  

Posted 4:12 PM

Share |

No Comments

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2015
  • 2012

View Mobile Version
Mark Dalton Insurance Agency Facebook Page Mark Dalton Insurance Agency Blog RSS Mark Dalton Insurance Agency Twitter Mark Dalton Insurance Agency LinkedIn