The
U.S. Congress has extended FEMA’s National
Flood Insurance Program another five years. In
the process, it has made changes that could have an impact on thousands of Vermonters
enrolled in the program.
The issue of flood insurance is now a big headache for some water-logged
communities around Lake Champlain. Forty-two towns and villages in Vermont do not participate in the National Flood
Insurance Program, which means homeowners in those towns can’t get
federal flood insurance.
In the wake of the recent flooding, we look at the aftermath in terms of insurance payouts. And we learn what FEMA relief would be available if the President declares Vermont a disaster area. Plus, an insight into home sharing.