As Spring approaches Insurance Commissioner Troy Downing is reminding Montanans now is the time to evaluate their flood risk because many newly purchased flood insurance policies take up to 30 days before becoming effective. A homeowner is 27 times more likely to experience a flood than a fire during a thirty-year mortgage leaving many at-risk...
Flood Insurance Costs To Increase For Montanan’s Next Month
The Federal Emergency Management Agency will change flood insurance costs nationwide October 1st. Quote wizard’s team of analysts found that FEMA’s new rules will cost 63% of Montana residents as much as $100 more a month. 63% of policyholders in Montana will see a price increase 37% of policyholders will see a price decrease 2% of Montana pol...