8
community
august6
2015
Changes to Flood Insurance Rules
Helens, McMinnville, and Sheridan.
NFIP policy holders saw those
increases this past year and will see them
again for the next three years. Through
the NFIP, a homeowner in Vernonia and
a homeowner in Florida with the exact
same home currently pay the exact same
rate, even though the home in Florida is
at a much higher risk of being damaged
in a flood, storm or hurricane. “This is
frustrating for Oregon homeowners who
end up paying for damage claims done
in storms like Katrina and Sandy,” says
Moldovan-Trujillo.
Private market flood insurance
will allow the seller to set the rate based
on the actual risk of a claim.
“We’re excited to be a part
of providing private market flood
insurance,” says Moldovan-Tujillo. “We
have trained and invested a lot of time
into education to keep up on all the
federal changes and options available to
consumers.”
Moldovan-Trujillo says there
are not a lot of companies jumping into
Congratultions
continued from front page
the private flood insurance market. “It’s
not like you can go out and shop like
you would for auto insurance and get
multiple quotes. It’s not as broad as that.
But it is offering some relief to some
homeowners.”
According to Moldovan-
Trujillo, companies selling private
market flood insurance still need to
follow federal guidelines and provide
policies as broad as or broader than
federal policies, provide the same
coverage, and follow the same rules as
the NFIP. “They just don’t have their
rates set by Congress,” says Moldovan-
Trujillo. “They can set their own rates.”
Moldovan-Trujillo says she
has many customers paying thousands
of dollars per year for flood insurance
through the NFIP. The average home
Mary and Arnie
Tolonen
Vernonia’s Creekside
Adult Foster Home, LLC
Long Term Residential Care
Medicaid and Private Pay Accepted
Adult Day Care and Respite Care also Available
Call for a visit and walk through.
Vicki Perry
Lonnie Perry
Benefiting Vernonia Cares Food Bank
Saturday, August 22nd at Anderson Park
•
•
•
•
Adult 10K Run
Adult 5K Run/Walk
Kids (6-9) 5K Run
Kids (5 & under) Fun Run
Owners/Providers
11847 Keasey Rd.
Vernonia, OR 97064
continued on page 11
VERNONIA
BEAR CREEK
10K/5K RUN/WALK
on 50 years
of marriage!
August 14, 1965
insured for $150,000 would see a
premium of approximately $745 for
comparable private market flood
insurance.
Additional changes to the
NFIP through Biggert–Waters and the
HFIA will also impact Vernonia policy
holders. The majority of NFIP homes
in Oregon were designated “Prefirm,”
meaning they were built before FEMA
instituted the flood rate maps around
1978 and established the base flood
elevation. Those home owners received
a discount on flood insurance because
they did not know to build their home
above the base flood level. Through the
recent reforms, FEMA is eliminating the
“Prefirm” designation and with it the
discount since they will now be rating
Registration begins at 7:45 AM
Races begin at 9:00 AM
Cost: $20-5K and $25-10K
Kids (5 & under) canned food donation
http://www.signmeup.com/108401
Contact Kellie at 503-429-3021 or
kelliem@westoregon.org
SPONSORS:
Phone: 503-429-3040
Fax: 503-429-1442
vcp345@frontier.com
R
State Senator
Betsy Johnson
Funeral Cremator
reflecting the spirit of our community
Vernonia Computer Services
Computer problems? We can help.
Hardware testing, repair, replacement
Windows
Software install/upgrade
Virus/spyware removal
Custom systems built
Housecalls
Bill Langmaid
(971) 998-3705
bill@rangelights.com
Available by appointment
