Ep. 239 Chris Coleman: Big Flood Insurance Changes

Chris Coleman comes back on the show to explain the significant changes in flood insurance policies from FEMA. 

Key Discussion Points [01:07] Opening remarks by Eric Odum & Steven Silverman [04:33] About our guest: Chris Coleman [06:32] Give us an overview of the changes occuring right now with flood insurance [09:55] Is it fair to say those that don't have flood risk are subsidizing those that do have flood risk? [10:49] What are you seeing in terms of flood insurance rate increases? [13:05] So people who's flood policy will expire Jan 2022 are being notified of new flood policy - how is that working? [13:58] What about the companies that can help you revaluate your flood zone? [17:38] If the FEMA flood map showed an investor's property's base flood from 9 to 10, would you be able to tell the price increase? [18:32] Would you encourage people who are not in a flood plain to still get an elevation certificate? [19:35] Do you think climate change is affecting insurance and properties (other than flooding)? [20:44] How can folks reach you? [21:53] Closing comments by Eric & Steven   About Our Guest Chris Coleman and his brother Dave are founders of Coleman Insurance Agency based in Pinellas County, Florida. Chris is a returning guest who last was on the show in episode 8.   GUEST CONTACT INFO Name: Chris Coleman Phone: 727-441-9911 Email: chris@colemanagencyfl.com