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As the water level rises, so does the cost of living on the coast – The News Tribune

The cost of flood insurance for coastal homes, like those on Titlow Beach and Salmon Beach, is expensive and expected to increase over the next several years. At the same time, the city has adopted new FEMA flood maps, which raise the base flood elevation in those coastal areas for the first time since the 1980s.

Key Takeaways:

  • Because the small community lies in such intimate proximity to the Puget Sound, homeowners with mortgages have to carry flood insurance
  • flood maps that FEMA uses to determine flood risk — and help inform insurance rates — have changed in Tacoma’s coastal areas
  • Coffman said the upward creep of insurance premiums is not a Tacoma problem — it’s everywhere.

“Because the small community lies in such intimate proximity to the Puget Sound, homeowners with mortgages have to carry flood insurance.”

https://www.thenewstribune.com/news/local/article138329778.html