Sen. Kirsten Gillibrand announced Wednesday that she would put forward an amendment to prevent a homeowner's insurance premium increase for victims of Superstorm Sandy.
The junior senator from New York said that victims of the storm could be facing potential premium increases in excess of 20 percent over the next year if the amendment was not approved.
“Six months after Superstorm Sandy devastated our region, homeowners throughout New York are still struggling to rebuild and are faced with enormous storm-damage repairs and costs,” said Gillibrand. “It is critical that we stop these insurance increases until FEMA examines the consequences and Congress acts to reduce the financial hardship on storm-ravaged homeowners.”
Gillibrand said in a statement that she believed the amendment could be voted on as soon as this week.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.