Congress passes bill to lower flood insurance premiums for at-risk homeowners

New legislation will prevent the increase of flood

New legislation will prevent the increase of flood insurance following natural disasters. (March 14, 2014 6:17 PM)

Thousands of Long Island homeowners living in high-risk flood zones could be getting a break with their flood insurance premiums.

Congress passed a bill Thursday to dramatically roll back flood insurance rates. President Barack Obama is expected to sign the legislation.

Flood insurance rates skyrocketed after Superstorm Sandy for Long Islanders like Chris Chiaffitelli, of East Rockaway....

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