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Seminole couple hit with $44,000 flood insurance premium

A lifelong dream to live on the water has now turned into a financial nightmare for a Seminole couple. Aaron and Jonie Greenwood, a couple from Southern Illinois, bought a house overlooking Boca Ciega Bay last July. Aaron and Jonie Greenwood, a couple from Southern Illinois, bought a house overlooking Boca Ciega Bay last July.At the time ... flood insurance for the house was $4,300 a year. Six weeks ago, they got a new figure. Because of new rules in the federal flood program, their bill is now going to be nearly $44,000 a year. [Lara Cerri | tampabay.com] (Dec. 6, 2013)

Source: Tampa Bay Times

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