THIS WEEKEND GULF BREEZE OPTIMIST 39TH ANNUAL FISHING RODEO Over $6000 In Prizes With A Grand Prize Of $1000 Cash! Classic Trendy& 1149 Gulf Breeze Pkwy Coastal Gulf Breeze, FL 32561 Hrs: Mon-Fri 9-6, Sat 10-6, Sun 12-5 www.jmillersfurniture.com May 15, 2014 YOUR COMMUNITY NEWSPAPER 75¢ • • • • Flood costs just beginning• • • • • Jaw-dropping flood premiums could• be on their way • • homes or businesses out of their own Under the Flood Insurance Reform Act of 2012, You Could Save More than BY LISA NEWELL thousands of dollars per year in lood $90,000 over 10 Years if You Build 3 Feet above Base Flood Elevation* Gulf Breeze News pockets or with loans and grants from premiums.
[email protected] the Federal Emergency Management If a home or business is four feet PREMIUM AT 4 FEET BELOW PREMIUM AT PREMIUM AT 3 FEET ABOVE Association. below the base lood elevation or BASE FLOOD ELEVATION BASE FLOOD ELEVATION BASE FLOOD ELEVATION The rains came. The waters rose. But before rebuilding, homeowners BFE, lood insurance premiums are $9,500/year $1,410/year $427/year Some homeowners lost carpets, furni- should be aware of the Biggert-Waters estimated to be a whopping $9,500 $95,000/10 years $14,100/10 years $4,270/10 years ture, appliances and some lost almost Act of 2012 that may require them to per year for a structure valued at everything they had. elevate their structures or pay jaw- $250,000. That equates to $95,000 The piles of their once-precious be- dropping lood premiums.