Fort Myers Beach Aims to Restore Flood Insurance Discount
Fort Myers Beach residents may soon save on flood insurance if FEMA's criteria are met. After losing a 25% discount due to probation, locals feel the financial strain while rebuilding post-Hurricane Ian.
Local realtor Isabelle Wells highlights the steep insurance quotes, which can range from $6,000 to $20,000 depending on property details and new building codes. Homeowners are anxious as progress seems slow, with challenges in navigating FEMA's requirements.
Susan Hayes, who has bought insurance for her under-construction home, expresses frustration at the high cost and the bureaucratic hurdles in reclaiming the discount. The town must complete necessary steps by May 4 for possible probation lifting by November 18, ultimately making a return to the discount feasible by April 2026 if all goes well.