On April 1, 2016 the National Flood Insurance Program is increasing fees again.
Your condominiums flood insurance policy fees will increase.
The rates have the capacity to increase anywhere up to 18%
The policy fees have also increased.
| Policy Fee | As of 4/1/16 Policy Fee | |
| 1 Unit | $45 | $50 |
| 2-4 Units | $135 | $150 |
| 5-10 Units | $360 | $400 |
| 11-20 Units | $720 | $800 |
| 21 or more units | $1,800 | $2,000 |
Several other changes have been made to the fees and rates of the program. For further details please click here for information.
Thanks for reading.
