Category Archives: Flood Insurance
Can you legally be charged for Flood Insurance for a period 3 years in the past?
My mortgage company recently notified me that I am now required to have flood insurance due to the new FEMA remapping of my neighborhood. What I didn’t notice at first is that the letter was dated for this year, but the period that insurance was requested for is 3 years in the past. They have … Continue reading
How do I get out of paying flood insurance? It's killing me!?
I’m in a flood zone by maybe 20 feet. The neighbor across the street lives closer to the lake and he says he doesn’t pay it. My home insurance is ,200.00 a year and flood insurance is ,800.00 add to that. My house is on a slab. Thank you.
How to drop a flood insurance.?
I own a commecial building in A8 flood zone and I have a mortgage that stipulates flood insurance. My flood insurance is abot 00 a year, and rents are falling. Is there any way I can talk lender into dropping flood insurance? The first floor is unoccupied, so even 8 foot flood would not affect … Continue reading
Do flood insurance policies vary in price from agent to agent?
Or is every insurance agency going to quote you the same because flood insurance is based on national rules and regulations?
Can a bank change after buying out our mortgage demand for us to purchase more flood insurance?
We had refinanced a year ago and it was determined at that time we needed more flood insurance coverage to cover the amount of the loan. We got the additional insurance, then our mortgage was sold. 9 months later the new loan holder wants us to obtain more flood insurance (which our insurance agents assures … Continue reading
Why should I have to pay for flood insurance for people who choose to live in a flood plain?
Private insurers refuse to give flood insurance to people who live in flood plains. Yet people keep moving there. So the federal government funds flood insurance. When will we end this socialism? http://www.fema.gov/business/nfip/
If my house is over 100 years old and has never had a flood, do I have to have flood insurance?
I thought I heard somewhere that if my house is over 100 years old and has never had a flood, that if it does flood my homeowners insurance is supposed to cover any flood damage. If anyone knows anything about it and has and official source I would greatly appreciate it! Thanks!
Flood Zone C, does the mortgage company require insurance?
I know with Zone X, the home owner isn’t required to have flood insurance by the mortgage company. What about Zone C?
How much is flood insurance? and who is it that is used?
Ok so Im doing a project and I have searched everywhere and they keep telling me to give all this information and I just dont want to be cause its a school project! So anyway can anyone tell me how much flood insurance is and who was/ is used with it ? (the company/ association?)