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Many Homeowners Will See Flood Insurance Rates Go Up Starting Friday

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This article is more than 1 year old.

Roy Wright, former head of the Federal Emergency Management Agency's National Flood Insurance Program, joins Here & Now's Robin Young to explain why the new rate system better reflects the reality of climate change, meaning that many home mortgage holders on the seashore will see rate increases over the coming years.

This segment aired on September 30, 2021.

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