Hello, we are looking to buy a home that requires flood insurance. The risk is not high at all, i would say low level risk. Does anyone know how much this would be a year
Depends where you are located. In low areas of risk, but located in a Flood zone, the average is around $300 per year, just check with your home owners insurance company who will be covering your required fire insurance.
June 9th, 2010
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Depends where you are located. In low areas of risk, but located in a Flood zone, the average is around $300 per year, just check with your home owners insurance company who will be covering your required fire insurance.
i just had to do a loan for someone with flood insurance, it was actually pretty cheap, like 100 bucks a year. somewhere in that ball park.