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Insureds Hot About Flood Insurance Costs? Some Areas Are Seeing 35% Discounts

August 22, 2023

Florida property owners stuck with higher premiums and new flood insurance mandates may want to nudge their local governments to take a look at the town of Cutler Bay and the counties of Monroe, Pinellas and Ocala.

Those jurisdictions are among just 17 across the country that have achieved a Class 3 rating from the Federal Emergency Management Agency, which results in 35% discounts on flood insurance premiums for homeowners.

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