FEMA’s Repetitive Loss Program discloses that, due to recurring flood losses to your property, you are no longer insurable by FEMA and must go to the private market for a flood insurance premium.
The idea that Flood Risk America has proposed to the honorable Congressman Vern Buchanan's office is simple in nature and could assist millions of Americans from ending up in the Repetitive Loss Program. My name is Stephen Gill and I am CEO of Flood Risk America. We provide flood prevention products and consultation services to thousands of people across the United States and Canada.
Case study in Sarasota, Florida
One property in Sarasota, Florida alone has cost the American Taxpayers over 2.7 million dollars in flood policy payouts. Our company has proposed a $51,000 program that could prevent flooding from reoccurring. This property, if they were to flood again, would be the 3rd time and may lose their flood policy forever. This situation occurs daily throughout the United States!
In conjunction with John Lindsay, a property manager from Sarasota, Florida, we’ve used this single property as a case study for this monumental change. This case study highlights the significance of our proposal to change the verbiage of the existing loss avoidance measures in all residential flood policies nationwide.
We believe that by utilizing this change to the existing verbiage, FEMA could save billions on an annual basis by giving homeowners a fighting chance to save their homes. A fighting chance to save irreplicable photos, antiques, electronics, and so much more!
Flood Risk America’s verbiage change proposal
We have proposed a verbiage change to the existing loss avoidance measures in all residential and Commercial flood policies nationwide. The existing program allows for homeowners to receive $1,000.00 in time and material costs to try to prevent their properties from flooding and/or reoccurring flooding.
However, companies like mine throughout the world have experience in flood mitigation prevention. We could provide the property Owner with a viable plan of action by using a program that is already funded by the taxpayers. This could change FEMA from the current reactive policy verbiage to a proactive policy that could prevent or even drastically lessen the devastation of flooding on an annual basis, while utilizing professionals in the field to set up equipment that could hold back the waters!
We are asking:
- For congress to write this verbiage and give the power to the people to hire licensed contractors.
- That each state be allowed to implement its own licensing for approved Flood Mitigation Contractors.
This would generate much needed jobs from the Federal level, as FEMA currently assigns an adjuster to each Loss Avoidance Claim filed - from the state level of licensing and oversight of said licensing to mitigation contractors like Flood Risk America setting up contractual agreements with owners and developments alike.
Most of all, we can assist in saving millions of properties for millions of Americans.
Help us by signing today
We have proposed this change to multiple insurance companies, which have backed our idea. The Commissioner of Manatee County wrote a letter directly to Vern Buchanan’s office stating:
"It is our privilege to write to you in support of a money saving opportunity for our citizens. We believe making these funds available before a major weather event will allow our residents to take responsibility early to protect their assets which in turn may prevent devastating property losses that we experience with every hurricane that makes landfall.”
This was sent to Vern Buchanan’s office on February 27th, 2020 by Manatee Counties Commissioners and signed by the Chair Commissioner Betsey Benac.
We need your help to push this through conception to implementation. Help us today by signing this petition! Your signature will be delivered to the office of Congressman Vern Buchanan. We are asking that Vern Buchanan write this into legislation.
Together, we can change the world of reoccurring flooding forever.