Better flood rating drops residents’ insurance premiums
Published: December 28,2012
PICAYUNE — An improved flood prone rating means Pearl River County residents will see a 10 percent reduction in monthly insurance premiums.
The Picayune Item reports county planner Ed Pinero Jr. says the county has moved from an insurance rating of 10 to 8. The lower the rating, the lower the premiums.
Pinero says the county went through a lengthy process of streamlining flood insurance policies and procedures, which also helps officials in assessments of flooding events when they arise.
Pinero says upgrading the county’s flood management process was an area where savings were readily available in the reduction of premiums for homeowners having to buy flood insurance.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- TECH 21 — Mississippi's most wanted in technology
- REVVING UP — Motorcars of Jackson is preparing to open its first-ever showroom on I-55
- Officials set hunting dates for birds; expands dove season by 20 days
- Mississippi judge dismisses lawsuit seeking to overturn Sen. Cochran's GOP primary win
- Judge expected to rule today on McDaniel's challenge of loss to Cochran
- Isle of Capri reports decreased in-state revenues; experiencing 'market pressures'
- FLIPPING OUT — Flipping houses is popular in much of the country, but in Mississippi ...
- Circuit clerks question how to get records to McDaniel's trial
- Chefs John Folse and Rick Tramonto are dotting every ‘i’ and crossing every ‘t’ in the development of Seafood R’evolution, which is set to open in November