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Flood-zone residents outraged over new insurance rates

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Flood-zone residents outraged over new insurance rates

Flood-zone residents outraged over new insurance rates
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Flood-zone residents outraged over new insurance rates

CBSTV Videos 2:16 mins

Residents and business owners in Broad Channel, N.Y., are protesting skyrocketing insurance rates that are part of a new federal law designed to keep FEMA afloat. The new law increases the number of areas that are deemed flood zones and stipulates that homeowners in those areas raise their houses or face increased premiums. Don Dahler reports.

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