While the recent passing of HR. 3370 will slow the pain of insurance rate hikes for some, it is in no way the end of the battle for many of us. Second homeowners & businesses were left out of the law. Leaving us out, presents yet more problems for the economy.  If we walk away or loose our homes, our neighborhoods loose all the tax dollars we contribute to the towns for services we hardly even use. 
 
I've been paying taxes for Schools, police & fire for 21 years!  Then, add in the loss of summer rentals in tourist areas.  My home alone has not been rented or used by our family, which cuts out all the monies that would have been spent to local restaurants, gas stations, food stores etc.
 
I'm having trouble hanging on to a house I can't use for pleasure or rent until I retire.  I've also been paying flood insurance for 21 years - yes I am in a flood zone, but to pay more & get less on the first claim I ever filed is a real slap in the face !  Now, they want a higher fee $250. on top of my premium. One common misbelief is that if you have a second home, you must be rich. 
 
We worked hard for what we have, now life has become a daily battle with our banks/FEMA.  What I call "vultures" want to buy up our homes for pennies on the dollar acting like it's a favor.  A grassroots group that I strongly support, StopFemaNow has been a driving force in the changes that have recently taken place.  We just want the politicians to realize that this can't just be an over & done with deal. Too many people, still need so much help, we will not back down and our numbers are growing.   
 
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Thank you,
 
Sue Belka
Brick, NJ