Sen. Bill Cassidy is calling for Congress to make significant changes to the federal flood insurance program in order to better protect homeowners. In an interview with WGNO New Orleans, the Louisiana senator emphasized the need for reforms to address issues with the current system.
Cassidy highlighted the importance of updating flood maps to accurately reflect the risks faced by homeowners. He argued that many residents are unknowingly living in high-risk flood zones and are not adequately covered by insurance. By updating these maps, Cassidy believes that homeowners can make more informed decisions about their properties and have access to the proper coverage.
Additionally, Cassidy stressed the need for more affordable insurance options for homeowners in flood-prone areas. He proposed creating a sliding scale for premiums based on income level, ensuring that insurance remains accessible to those who need it most. By addressing affordability concerns, Cassidy hopes to prevent financial devastation for homeowners in the event of a flood.
Furthermore, Cassidy called for increased investment in mitigation efforts to reduce the impact of flooding. He proposed offering incentives for homeowners to elevate their homes or adopt other protective measures to minimize damage in the event of a flood. By investing in mitigation strategies, Cassidy believes that Congress can ultimately save money in disaster relief costs.
Overall, Sen. Bill Cassidy is advocating for comprehensive reforms to the federal flood insurance program to better protect homeowners and mitigate flooding risks. By updating flood maps, increasing affordability, and investing in mitigation efforts, Cassidy hopes to provide homeowners with the support they need to safeguard their properties from flooding.
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