A Primer on Flood Insurance
Flood insurance is always a hot topic in Florida. If you move to Florida, your lender may require you to have flood insurance, most likely because your property is in a flood zone A or other high risk area. And that doesn’t necessarily mean your home is near a large body of water.
Wherever you live, understanding your risks for flooding, and the benefits of flood insurance, is a smart precaution. This article in The New York Times does a good job of providing an overview of what’s typically covered, and what’s not, with flood insurance.
For more information, be sure to visit FloodSmart.gov.
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