North Topsail Beach mayor testifies before a House natural resources subcommittee

Published: Friday, April 18, 2014 at 12:43 PM.

prospective buyers and sellers have had problems that sometimes never get resolved. Furthermore,

private flood insurance can be available at a very high price or may not be available at all. USFW maps

have not always clearly delineated the actual boundary lines and USFW has reported the need to draw

accurate maps and has asked Congress to fund this work. The Town has heard numerous stories from

owners who can’t sell their property because private flood insurance was either not available or because

it was so too expensive for potential buyers. For example, North Topsail Beach pays $33,000 in private

flood insurance premiums for its town hall which is a very modest building. Local insurance agents have

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