Ep. 239 Chris Coleman: Big Flood Insurance Changes
Invest Florida - A Real Estate Podcast
English - November 01, 2021 09:00 - 25 minutes - 22.9 MB - ★★★★★ - 117 ratingsInvesting Business News Business News passiveincome propertymanagement apartmentinvesting floridadevelopment foreigninvestors investmentideas multifamily retailinvesting singlefamily syndicatedrealestate Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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: [email protected]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: [email protected]