Flood insurance rates increase for many Florida homeowners as new FEMA calculations kick in

The vast majority of Floridians have their flood insurance policy through FEMA’s National Flood Insurance Program -- and big changes are about to be rolled out. The new system is called Risk Rating 2.0, and the goal is for rates to reflect the actual risk of each property, taking into account multiple factors like proximity to water, and drainage. MORE: https://www.fox13news.com/news/flood-... FOX 13 Tampa Bay brings you the important videos like breaking news, Tampa Bay weather, and local stories. But also plenty of fun stuff, like 'We Live Here' tips, the best of our archives, and all those 'only-in-Florida' stories. Subscribe to FOX 13 News: https://www.youtube.com/FOX13TampaBay... Watch more FOX 13 News video: https://fox13news.com/ Watch FOX 13 News live: https://fox13news.com/live Download our app: https://fox13news.onelink.me/Sd7G?pid... Get our newsletter: https://www.fox13news.com/email