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Posts Tagged ‘Nation

WASHINGTON — The first warning sign was a house in Humble.

Between 1977 and 1995, the National Flood Insurance Program paid out $806,591 for repeated storm damage to a suburban Houston home that was valued at $114,480. If you think the math doesn’t add up, you’re not the only one.

The federal government’s program to protect coastal residents from nature’s devastation has coughed up more than $8 billion over the past 15 years for more Read the rest of this entry »

Oregon homeowner insurance is among the least costly in the nation, averaging $496 a year, according to a nationwide survey.

That compares to an average $822 nationwide and is lower than all states except Idaho and Wisconsin.

The 2007 data, the most recent available, was released recently by the National Association of Insurance Commissioners.

?Oregon?s competitive insurance market helps keep premiums low, as does the Read the rest of this entry »