I am buying a home and someone just told me it will take 10-15 days to get flood insurance. Something about having to look at elevation maps, etc. Is this true?
Answer: Not that I know of I just added flood to my policy the other day no problem.. .
Is It Okay If The Homeowner's Insurance And The Flood Insurance Are From Two Different Companys?
Question by go go | Posted in Insurance
My husband and I are purchasing our first home, which is a starter home, and a condo. The homeowner's insurance we have is through the same company as our auto insurance but the flood insurance from that company is way too high. Is it okay to purchase the flood insurance from a different company?
Answer: homeinsurance.awardspace.us - try this one. Got my home insurance from them. As I know they provide such a service.
I live near Houston, Texas and I have regular renter's insurance. It doesn't cover flood or wind. Can I get supplemental wind and flood insurance if it's just a rental house, not owned?
Yes, I mean for the contents inside the house.
Answer: You can buy contents only coverage for the property you own inside the structure. I suspect you meant to ask if you could buy coverage for your contents, not the house itself? You do not have an insurable interest in the structure itself (unless you have a rent to own agreement in place.)
Contents only flood policies are typically the cheapest type of flood coverage, although the rates will ultimately come down to the details of the flood zone in which the property is located. Contact your current agent about getting a quote, but be aware it may take awhile to get a flood zone determination. Also, be aware that there is no point in shopping rates for flood coverage, because
What Is A Person Supposed To Do If Their House Is Destroyed In A Flood And They Have No Flood Insurance?
Question by Randy | Posted in Renting & Real Estate
My house is in an area that has never flooded, but people close to me had their houses destroyed in a freak flood recently, and it got me wondering.
Flood insurance is freakishly expensive. Do they really expect people to spend half of their lives paying off a destroyed house that they don't even have any more?
Answer: Paying a mortgage is NOT paying for a house. it is paying for cash money someone was given that they spent on a house. you are repaying, not buying a house, you already bought it.
Insurance in a non-flood zone costs about 25 a year. I live in a 1000 year plain (non-flood) zone and pay that just in case something that happens once in 1000 years just happens to occur.
Should The Government Continue To Subsidize Some Flood Insurance, As They Do Under The Emergency Plan?
Question by JohnnyD | Posted in Insurance
Should the government continue to subsidize some flood insurance, as they do under the Emergency Plan? (and why of course)
links regarding the topic would be helpful as well.
thanks.
Answer: I don't have any links, sorry.
Yes, I think the government should continue to run the flood insurance program (it's not subsidized, it's a FEMA program, and is what covers 95% of flood insurance in the USA).
Let's look at what would happen if they didn't. There wouldn't be any flood insurance available, for any homes in high hazard flood areas. That would include practically the entire states of Florida, Louisana, and Texas; the Mississippi basin, anywhere with five miles or so of a major river; and all coastal area within about 20 miles of the coast.
With no flood insurance available, no mortgage company is going to lend money to buy a house in
Floods and flash floods result from a wide variety of natural occurrences and are among the most devastating of all natural disasters. Preparing for a flood in advance can help you and your family survives a flood, and minimizes the damage to your property. It’s been a difficult season with regards to floods and flooding. Check with your local Red Cross, planning department, zoning department or emergency management office to find out the risk of flooding in your area....
By Bruce Alpert, Times-Picayune WASHINGTON -- The House of Representatives today approved a 30-day extension of the federal floodinsurance program. The vote was 402-18. The bill includes a controversial provision to encourage private insurers to enter
By LORI A. CARTER Petaluman John Cheney and his neighbors in the historically flood-prone Payran area have spent thousands of dollars for mandated insurance coverage — much of it they consider unnecessary because the main flood fix has been done for
The National Flood Insurance Program's Community Rating System may not lower the Passaic River, but Fairfield's participation in the program could lower flood insurance costs for residents drowning in fees. The township is on the tail end of completing
by AP The South Dakota Supreme Court says a Hermosa woman cannot sue a lender for failing to make sure her home was covered by flood insurance. Court documents say Rachelle Hunter signed a document indicating she needed flood insurance when she
About two dozen people attended the meeting, where they learned about National Weather Service efforts to alert the public, preparing for disasters and the National Flood Insurance Program. Though Cappuccio explained in detail the reasoning behind the
Fire and Flood Insurance Joke - A lawyer and an engineer were fishing in the Caribbean. The lawyer said, "I'm... 
Buy and Compare Louisiana Flood Insurance Quote 
RT @: RT @: Flood Insurance rates rising in Fort Ld. &all of Fla.
By Bruce Alpert, Times-Picayune WASHINGTON -- The House of Representatives today approved a 30-day extension of the federal 
by AP The South Dakota Supreme Court says a Hermosa woman cannot sue a lender for failing to make sure her home was covered by flood insurance. Court documents say Rachelle Hunter signed a document indicating she needed flood insurance when she