Flood Insurance Could Drain Your Bank Account

August 26th, 2009 categories: For Buyers, For Sellers

My friend Ed Chu, an insurance agent with ACW Group, emailed me an article concerning possible increases in flood insurance rates for Honolulu properties.

“Many Oahu homeowners and businesses along the south shore from Kaena Point to Koko Head face the potential of paying more than 350 percent in additional flood insurance premiums, under revised federal risk maps.”
CLICK HERE TO READ THE HONOLULU STAR BULLETIN ARTICLE

If you would like to speak with Ed about your insurance needs feel free to call him at 808-535-5082.

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If you would like to discuss your real estate needs, feel free to call me at 808-737-2093 or toll free at 877-737-2093.  You can email me at keahi@lava.net.

This entry was posted on Wednesday, August 26th, 2009 at 10:02 am and is filed under For Buyers, For Sellers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

  1. Tim O'Leary said at August 26th, 2009 at 5:08 pm

    Wow! Flood Insurance will add a significant cost to homeownership to those areas.

  2. Buy Spy Clock said at August 28th, 2009 at 8:40 am

    Now that is something I never knew. Blogs like this really add to our understanding.

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