Will State Provide Flood Insurance? - KXNet.com - Bismarck/Minot/Williston/Dickinson-KXNEWS,ND

Will State Provide Flood Insurance?

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We heard yesterday about the effort to keep flood insurance rates as low as possible.

FEMA is working now on new flood maps and rates -- rates that could make drastic jumps higher.

Legislators in Washington are working on a plan now to try and keep the rates within reason.

But could there be a state answer?

One lawmaker says he is considering a bill that would give residents of North Dakota a chance to perhaps turn to the state for help.

It would be a big step, but Representative Scott Louser says it could be a better option if the federal program turns out to be way too expensive.

(Rep. Scott Louser - (R) Minot) "One of the other things that I am going to look at is whether or not it is feasible for our state to set up a flood insurance program for state residents."

Federal flood insurance it expected to increase substantially after storms like Sandy and Katrina pushed the program billions of dollars in the red.

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