Florida Keys News
Wednesday, October 23, 2013
Between a rock and a hard place
Rate relief needed; NFIP places hardship on homeowners

Carl Stevens put the profits from the sale of his California home and his life savings into the purchase of his new Key West home when he moved to the Southernmost City last November.

He was fortunate enough to pay cash for the $425,000 home on Ashby Street, which did not require him to purchase flood or windstorm insurance. Banks and lending institutions generally require p...

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