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_ r v.' may T �- 7"."- S Z=•f777144 I '7; a., <br /> • <br /> 411 <br /> AMMON . MOUNTS V IIUD'S FLOOD MIME <br /> AIDE hhah MAILAILE <br /> The U. S. Depertasot of Noosing and Veto Development wowed <br /> today that effective may 4, i173 , local property and casualty <br /> agents can start selling add•. ,ional coverage in Lws I v 111 e, co. <br /> under NND's national Flood lemma Progm. <br /> The Natiamal Flood lowers Association has designated the tau► <br /> Insurance, 'SI• Seventeenth St., Server, CeiorIM 07202 <br /> As the sorviting company for LeetsvIllej Ce1eraes _ <br /> Agents should contact this 1 aMtely other necessary <br /> forms, rates, flood tnseivace nix !' ma <br /> intirstien. <br /> Federal Insurance Administrator, George X. iernsteln explained <br /> that coverage under the regular flood insursnoe program should not <br /> be cosfUsed with coverage under the emergency program. <br /> Under the program, he added, limited amounts of <br /> flood insurance can be Ight at federally subsidized rates for <br /> structures exfstiag at the time the community becomes eligible. <br /> and for new construction outside ten area of special flood hazard, <br /> once the area has been defined. <br /> Under the regular program, he said, flood protection at actuarial <br /> rates is now available for the firs after new or substantially <br /> improved construct oe which was started ! emergency program <br /> became effective, sad which is located within the area of special <br /> flood hazard. <br /> Additional Coverage at actuarial rates can now also be <br /> purchasad for existing strutters. within the entire arse eligible <br /> for flood lnserence, and for new or substantially improved construction <br /> located outside the area of special flood hazard. <br /> - mere - <br /> • <br />