Sen. Ashley Moody, R-Fla., told Newsmax she is working on legislation to provide tax relief for American homeowners who need flood insurance.
Moody told “National Report” on Tuesday that it’s a big issue in Florida but also in many other areas of the country. “I want to make sure that Americans understand it’s not just if you live on the coast, right? Florida is unique in the sense that we’re a peninsula, and we are really surrounded by water. So you’re living close to water, no matter where you are in the state.”
Moody pointed out that many localities throughout America are designated flood zones where mortgage lenders require borrowers to have flood insurance policies in addition to traditional homeowners insurance.
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