VINTON, Va. -

With heavy rain on the way, many families who live near creeks and streams are waiting, hoping water doesn't make its way into their homes.

Many are worried because they don't have flood insurance, but say they can't afford it because premiums just keep going up.

In response to the National Flood Insurance Program being in debt, Congress passed reforms in 2012 to cut that debt.

That meant the cost was essentially passed along to home and business owners.  Now, cities and towns are trying their best to catch up so those premiums don't go much higher.

When the rain comes, the water rises, but that hasn't been the only thing going up.

"We've had several calls from residents where theirs have gone up typically from $400 to $1,200 without any prior notice," said Karla Turman with Vinton Code Enforcement.

Vinton is one of many localities updating floodplain codes.  They do it to better comply with the Federal Emergency Management Agency and keep insurance rates as low as they can.

"The amendments to the ordinance is kind of a combination of responding to what FEMA is requiring and helping our citizens, because if we did not bring it up to current standards than we would lose our rating with the National Flood Insurance Program," Turman said.

"When I moved in here, I checked on flood insurance and it was going to cost me about $5,500 a year," Sonny Arrington said.

Arrington owns A-Plus Price is Right Auto right near Tinker Creek in Vinton.

Despite being in a floodplain, Arrington doesn't have to pay flood insurance because he owns the building.

"I feel like ... I made a good decision and I saved the company some money," Arrington said.

In his five years here, Arrington has had close calls, but avoided major flooding. He estimates he's saved $20,000.

A choice he's been able to make, but one many people who live in floodplains can't.

President Obama signed a bill last month that repeals parts of the 2012 law and caps the premium increases.  But experts still think premiums will keep going up for the next few years to continue pulling the U.S. flood funds out of debt.