Florida flood insurance

You should consider purchasing flood insurance as part of your homeowner’s insurance coverage. Flooding can cause thousands of dollars of damage to your home, contents and personal property and it does not require more than a few inches of flooding to be damaging.

Buying flood insurance

Flood insurance rates are determined by the risk of the area.  Flood insurance maps show the high-risk areas of flooding. The cost of flood insurance will be higher in high-risk areas as compared to low and moderate risk areas.  There is usually a waiting period so contact your insurer now to discuss your flood insurance needs. 

Flood zones

Zones A, AE, A1-30, AH, AO, V, VE, V1-30 are considered high-risk areas.  Federal mortgages require flood insurance for property in these zones.  Homeowners should have flood insurance.

Zones B,C, X, shaded X are considered low to moderate risk areas.  Flood insurance is not required for Federally back mortgages.

Flooding concerns

Buying a home near water increases the possibility of flooding however flooding can happen anywhere regardless of water being nearby.  If you are concerned with flooding check with your insurer about obtaining flood insurance when you purchase your next home.

For all of your real estate questions or concerns give me a call. 407-304-0255

FEMA Florida Flood Maps