Flood Insurance Changes - KXNet.com - Bismarck/Minot/Williston/Dickinson-KXNEWS,ND

Flood Insurance Changes

Flood Insurance Changes

Posted: Updated:

We've endured a physical disaster in the 2011 flood, we can't absorb a financial disaster three years later.

That's how Minot City Manager Dave Waind described a potential increase in flood insurance rates for people living in the Mouse River Valley.

Waind was talking with North Dakota Senator Heidi Heitkamp as she met with city officials to discuss the flood insurance program.

It is certain that people living in the valley in Minot will need flood insurance when FEMA re-draws flood maps based on the record-setting flood.

But there is uncertainty about how high the rates will be.

Heitkamp says a bill all three members of the state's congressional delegation support would delay major rate increases for a few years.

But she says there must be a full look at the flood insurance program to make sure people can still afford to live in their homes.

(Sen. Heidi Heitkamp, (D) ND) "When I look at the issue of flood insurance I see the issue of home ownership because this issue could make single family home ownership unaffordable in our communities. It's done it in Grafton, it could do it in Minot."

(Curt Zimbelman, Minot Mayor) "I think we're also concerned with valuations in the valley if this doesn't get passed what you're trying to do here, because certainly that will affect values so we're concerned, it's a big deal for Minot."

Senator Heitkamp says the bill to delay flood insurance rate hikes is likely to get a vote in the Senate next week, and she expects it to pass easily.

  • Minot/Williston NewsMore>>

  • Minot Toddler Killed by Hit-And-Run Driver

    Minot Toddler Killed by Hit-And-Run Driver

    Sunday, August 31 2014 11:27 PM EDT2014-09-01 03:27:49 GMT
    Minot Police say this is a "vehicle of interest" in the hit-and-runMinot Police say this is a "vehicle of interest" in the hit-and-run
    FURTHER UPDATE:Truck still considered to be a "vehicle of interest" in fatal crash.

    A two-year-old child was killed by a hit-and-run driver in Minot this evening.
    FURTHER UPDATE:

    Truck still considered to be a "vehicle of interest" in fatal crash.

    A two-year-old child was killed by a hit-and-run driver in Minot this evening.

    They ask if you have any information about the incident that you contact them at 852-0111.

  • Apartment Situation in Minot

    Apartment Situation in Minot

    Monday, September 1 2014 12:04 AM EDT2014-09-01 04:04:29 GMT
    Almost monthly, more and more apartment units are coming on line in the Minot region -- One man speculates the market is evening out.
    Almost monthly, more and more apartment units are coming on line in the Minot region -- One man speculates the market is evening out.
  • 14 Hospitalized by Fumes at Watford City Laundromat

    14 Hospitalized by Fumes at Watford City Laundromat

    Sunday, August 31 2014 11:12 PM EDT2014-09-01 03:12:47 GMT
    14 people have been hospitalized after breathing fumes at a laundromat in Watford City Sunday.
    14 people have been hospitalized after breathing fumes at a laundromat in Watford City Sunday.
Quick Clicks
Closings/Delays
View list
Calendar
What's happening?
Lottery Results
Feeling lucky?
Viewer Photos
Submit yours!
Road Report
Current conditions
TV Listings
See what's on
Gas Prices
Check near you
E-Mail Newsletter
Signup now

Most Popular

Stories
Videos
loading...
Powered by WorldNow
General information or questions:
kxinfo@kxnet.com

News:
Bismarck:
Phone: 701-223-9197
News Fax: 701-223-1985

News:
Minot:
Phone: 701-852-2104
News Fax: 701-838-1050
All content © Copyright 2000 - 2014 WorldNow and KXNET. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.