Economy
3:59 pm
Fri April 15, 2011

Rep. Miller: Michiganders pay too much for national flood insurance

Michigan homeowners whose homes are not at risk for floods are footing the bill for people whose homes are in danger. That’s according to a lawmaker from  Michigan who says that’s not fair.

U.S. Congresswoman Candice Miller wants to eliminate the National Flood Insurance Program, or at least let Michigan opt out of the system.

Miller says Michigan residents pay high rates to help homeowners in other parts of the country.

"You have a very expensive vacation home that has been ruined by a hurricane or a flood several times, and the federal flood insurance is still paying you to rebuild. If you want to have a home like that, God love you, that's fine, but I don't know why people in Michigan should have to pay high premiums."

Miller is taking part in a hearing Monday evening in Harrison Township with homeowners, realtors, insurers, builders and lenders.

The public hearing on the National Flood Insurance Program will be held Monday, April 18 at 6 p.m. at Mac and Ray's Banquet and Conference Center, 30675 N. River Road, Harrison Township.

Rina Miller can be reached at catmil@umich.edu