In this week’s episode, John and Bryan sit down with Lindsey O’Donnell, Flood Expert at Florida Best Quote in Pinellas County, who goes through the new Flood Policy changes, including new risk factors that are now being considered, and shares a few case studies demonstrating how much premiums have increased – or decreased – because of these new policies.

On October 1, 2021, the National Flood Insurance Program announced a brand-new rating system that put in place non-subsidized flood policies. A rating system that hasn’t been changed since 1975, meant drastic changes for current homeowners and those looking to buy.

Lindsey explains that this new rating system comes from a significant change in flood maps – resulting in new flood zones throughout the country.

With 85%-90% of homeowners with flood insurance po ...