Coastal homeowners in for insurance shock - Atlantic County News - pressofAtlanticCity.com Mobile

Coastal homeowners in for insurance shock - Atlantic County News - pressofAtlanticCity.com Mobile

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Coastal homeowners in for insurance shock

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Michael Ein

Margaret Lynn stands in the 5x5-foot attached shed to her ranch-style home in Brigantine. Her flood insurance premium has been raised from $523 to $6,100 after Sandy insurance adjusters deemed the structure a third floor.

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More than one-third of New Jersey flood insurance policyholders, including many still recovering from Hurricane Sandy, will be affected by sweeping changes to the federal flood insurance program to take effect Tuesday.

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2 images

Michael Ein

Margaret Lynn stands in the 5x5-foot attached shed to her ranch-style home in Brigantine. Her flood insurance premium has been raised from $523 to $6,100 after Sandy insurance adjusters deemed the structure a third floor.