Recent changes have been made to flood zones, potentially increasing property insurance requirements on mortgages. The Bangor Daily News published a piece on the changes and the impact on various geographical locations in Maine. Property owners are not always aware of the calculation used to determine the insurance rate and how the rate is affected by the balance remaining on mortgage loans. Businesses and secondary homeowners will see increases while primary homeowners have been impacted to a lesser degree. Some municipalities are contesting the methodology behind the changes.