Rep. Williams Votes to Increase Flood Insurance Options

WASHINGTON, DC – Congressman Roger Williams (R – Austin) this evening voted for the Flood Insurance Market Parity and Modernization Act to help incorporate private insurance providers into the flood insurance market that is currently dominated by federally backed policies.

“As we’ve seen in Texas, both this year and last, flooding is a concern even in places where rainfall has historically been scarce,” said Williams. “Taxpayer funded flood insurance policies, which are perceived by many homeowners as their only option, are expensive, inflexible and driving the National Flood Insurance Program further into debt. We must encourage competition by leveling the playing field – clarifying that private sector flood insurance is legitimate and crucial to lowering prices, increasing service and allowing for greater protection for all Americans who seek to protect their livelihoods from Mother Nature’s unexpected fury.”

Williams was a cosponsor of the bill which passed the House this evening by a vote of 419 to 0.

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