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Flood Insurance Reform Could Leave Landowners Underwater With Staggering Rate Hikes
Silva pays out $6,000 a year to insure a shed. Rough estimates have that amount jumping by 25 percent each year. That means $14,500 next year, $23,000 in 2015, $31,500 in 2016 and a whopping $40,000 in 2017.
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