Alternative_flood_insurance
GET A QUOTE
Alternative_flood_insurance
GET A QUOTE
By /
Flood nerd Blog learn about flood stuff and how to protect yourself

Selling a Home in a FLOOD ZONE

Question: I am having trouble selling 2 of my homes.
Erik L Pittsfield MA

I’m selling both of my rental houses in town so I can invest out of state. Both are in a flood area so I need extra insurance and home buyers run away once they hear that. In both situations what can I do to help the buyer not freak out and actually want to acquire the property?

Answer: Flood Nerd
I idea on selling a property in a flood zone is to either offer to pay the premium for two years so you take that off the table or you can get an elevation certificate and see if you can get what is called a LOMA (Letter of Map Amendment) that will remove the property from the requirement (by lenders) to purchase flood insurance.

You can also see if the property that will require flood insurance can get cheaper flood insurance by searching on the private flood market Google “lloyds of London flood insurance” or “private flood insurance” to see if you can get a much more affordable policy. Note the private market do not usually take a property that has had a flood loss before. But some do. So worth a try. Your flood nerd Robert

 
YES PLEASE SHOP MY FLOOD INSURANCE

 

 |  Alabama (AL) | Alaska (AK ) | Arizona (AZ) | Arkansas (AK) | California (CA) |
|  Colorado (CO) | Connecticut (CT) | Delaware (DE) | Florida (FL) | Georgia (GA) |
| Hawaii (HI) | Idaho (ID) | Illinois (IL) | Indiana (IN) | Iowa (IA) | Kansas (KS) |
|   Kentucky (KY)  | Louisiana (LA) | Maine (ME) | Maryland (MD) | Massachusetts (MA) |
| Michigan (MI) | Minnesota (MN) |  Mississippi (MS) | Missouri (MO) | Montana (MT) |
|   Nebraska (NE) | Nevada (NV) | New Hampshire (NH) | New Jersey (NJ) |
| New Mexico (NM) | New York (NY) | North Carolina (NC) | North Dakota (ND)  |
| Ohio (OH) | Oklahoma (OK) | Oregon (OR) | Pennsylvania (PA) | Rhode Island (RI) |
| South Carolina (SC) | Tennessee (TN) | Texas (TX) | Utah (UT) | Virginia (VA) |
| Washington (WA) | West Virginia (WV) | Wisconsin (WI) | Wyoming (WY)

©2024 BetterFloodInsurance, Inc.™ Your Flood Nerd™ – Do not copy. All rights reserved. | Privacy Policy & Refund Policy | Terms and Conditions

The misstatements or omissions of relevant information by the client can lead to price variation or even declination or rescission of coverage. Information requested to provide a quote or work on coverage will be shared with carriers. By filling out our online form, you are allowing us to shop for your coverage and communicate with you from time to time via email or phone. Requesting coverage does not guarantee coverage can be provided. Coverage can begin only with a specific statement by a licensed agency staff member. None of the information in the website guarantees that insurance will be provided or that the agency is obligated to procure insurance for the website visitor.

This and all information on this website is general and not intended for educational or informational purposes. Every claim is different, and some insurance policies can be difficult to interpret.

IF YOU DO NOT AGREE WITH ALL OF THESE TERMS OF USE, THEN YOU ARE EXPRESSLY PROHIBITED FROM USING THE SITE AND YOU MUST DISCONTINUE USE IMMEDIATELY.

•In most cases, our quote can go to the final policy without quoted price changes; however, our underwriters can and do change offered prices due to changes in underwriting.
Scroll to Top

JULY PROMOTION

Enter to Win the Ultimate Emergency Preparedness Radio!

  1. Shop Your Flood Coverage: Provide us with the opportunity to shop for your flood insurance coverage.
  2. Get a Free Quote: Receive a personalized flood insurance quote.
  3. Automatic Entry: Once you confirm you have receive your quote, you’ll be automatically entered into our drawing.
Promotion Emergency Radio

About the Prize:

Ultimate Emergency Preparedness Radio:

  • Hand Crank and Solar Powered: Never worry about running out of battery with multiple power sources.
  • 2000mAh Power Bank: Keep your phone charged during emergencies.
  • AM/FM/NOAA Weather Radio: Stay informed with up-to-date weather alerts.
  • 3 LED Flashlight: Illuminate your surroundings in low-light conditions.
  • Compact and Portable: Perfect for camping, survival kits, and emergency preparedness.

 

Why Shop Your Flood Coverage with Us?

  • Expert Guidance: Our Flood Nerds are here to help you find the best coverage at the most affordable rates.
  • Free Services: Take advantage of our complimentary flood zone determination.
  • No Obligation: Getting a quote doesn’t commit you to purchase.

Terms and Conditions:

  • The promotion runs from 7/1/2024 to 7/30/2024.

  • One entry per household.

  • Property must require flood insurance and or you must intend to purchase a policy.

  • The winner will be selected randomly and notified via email.

  • No need to purchase from us to win. 

Get My Instant Saving Now ►►►