Trump’s flood insurance surcharge meets solid resistance from Jersey Shore

Hurricane Sandy Damage flood Insurance surcharge

Three federal lawmakers from that area say they will fight the proposal they’re calling unreasonable.

Jersey Shore congressmen aren’t pleased about the proposed flood insurance surcharge the Trump administration has put forward. As a result they’ve said they intend to fight the proposal in order to stop what they feel is an unreasonable cost increase.

The lawmakers said the surcharge for the insurance coverage will only cause more suffering.

U.S. Congressmen Tom MacArthur (R-03), Frank A. LoBiondo (R-02) and Frank Pallone, Jr. (D-06) have agreed that the flood insurance surcharge represents an unreasonable increase in cost. They explained that many Jersey Shore families have yet to recover from the losses they suffered as a result of Superstorm Sandy, which caused devastation in the area near the end of 2012. As a result, an insurance premiums increase in the form of the proposed surcharge would only cause those families further suffering, said the congressmen.

The congressmen strongly disagree with the flood insurance surcharge proposal and intend to fight it.

Hurricane Sandy Damage flood Insurance surcharge“The administration’s budget proposal is but an initial offer in the annual appropriations process. I resoundingly reject this specific provision and will work closely and tirelessly with my colleagues representing coastal communities as the process of funding agencies and reauthorizing the National Flood Insurance Program (NFIP) moves forward,” explained LoBiondo in a statement on the subject.

The proposed surcharge is, according to many sources, not only designed to supplement the Federal Emergency Management Agency’s (FEMA) flood insurance program. Media reports have stated that the surcharge is also meant to provide partial funding for the wall the Trump administration intends to build along the Mexican border.

That said, the congressmen say that the flood victims in their state have gone through enough financial suffering from both insurance coverage costs and the losses they suffered from Sandy. They claim that the flood insurance surcharge would only cause unnecessary and avoidable suffering to the people who have yet to recover from the last catastrophe. They have said that they intend to stand up for those families in order to protect them from having to endure further preventable financial hardships by way of their insurance premiums.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.