PA Homewners Hit by Rising Flood Insurance

03.24.14 | Bob Price

 Thirty thousand homeowners and businesses in the Keystone state will see their flood insurance rates rise as the Federal Government tries to shore up the national flood insurance program. There are 57 Pennsylvania cities or towns where at least 100 homes and businesses will see a price hike.Twenty-two of those towns have populations of less than 5-thousand. Insurance agencies across the state say it could dramatically hurt housing sales in the state.