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For some reason, the client’s adaptation to saving money by getting a private flood insurance policy is still very low in the United States. Especially in the coastal communities with less than ten percent of homeowners buying coverage, each area accosts the nation with lower percentages than ten. A real example is the recent flooding in Kentucky, […]

Is private flood insurance better than NFIP / FEMA, aka the government option? 1. “private flood insurance vs nfip” https://dta0yqvfnusiq.cloudfront.net/betterflood/2022/08/private-flood-insurance-vs-nfip-630e7089d2fc1.mp4 2. “Can you get flood insurance?” https://dta0yqvfnusiq.cloudfront.net/betterflood/2022/07/Can-you-get-flood-insurance-630e68c9f0a96.mp4 If you are wondering if private flood is better than FEMA flood insurance and are interested in a comparison, you have come to the right spot. As a Flood Nerd™, we

Yes, you can get flood insurance on a rental property? Your step-by-step guide and plan to getting flood insurance on a rental property. As a landlord, ensuring you have the correct insurance to cover your asset and investment is important. However, many landlords forgo buying flood insurance on their rental property, which hurts their financial future,

Can you get flood insurance in New Orleans? 50% of greater New Orleans lies above sea level. That’s good news! You read that statistic correctly. 50%. Said another way – and maybe a bit more jarring: Half of New Orleans is below sea level, and development is why. While there are many reasons why the

If it rains, it can flood. In Florida, the flood risk is higher because of the state’s frequency of storms and surrounding waters. Homeowners’ policies do not cover flooding. Flood insurance is an investment in your financial future. One inch of water can cause $25,000 in damage, growing yearly. A flood policy can cover both

Can you get flood insurance in a flood zone? Yes, most properties in the US are mapped into a  flood zone. Flood zones geographic maps FEMA has defined according to the bearing levels of flood risk. The Flood zones are depicted on flood insurance rate maps that FEMA creates, and each zone will reflect the severity of the

featured on GET A QUOTE Can you get flood insurance for an apartment? The answer is Yes to both. You can get flood insurance if you are renting an apartment. And Yes, if you own an apartment building, you can and should get flood insurance to cover your investment and assets.  The difference in flood

Can you get flood insurance without homeowner insurance? Flood Insurance is a stand-alone insurance policy that only covers flooding. Most homeowners’ policies exclude flooding from what they will cover. This question concerns us because we believe everyone should have varying insurance to offset their financial risk. Not having basic homeowners is quite risky. We have

Can you get flood insurance if you are not in a floodplain? One of the most misunderstood ideas about flood insurance is that you can only get flood insurance if you are in a high-risk flood zone. But you can and should consider getting flood insurance even if your lender doesn’t require it. If your

Can you get flood insurance? https://dta0yqvfnusiq.cloudfront.net/betterflood/2022/07/Can-you-get-flood-insurance-630e68c9f0a96.mp4 Can you get flood insurance? The answer for 99% of you is yes. We can shop for your flood insurance on your area’s NFIP and the private flood insurance market. Or you can use a Flood Nerd’s knowledge to do the shopping for you here. There are some acceptions specifically

If you have a flood insurance policy through the National Flood Insurance Program (NFIP), you are used to paying all sorts of fees in addition to your premium. FEMA is making sweeping changes to the NFIP, but they aren’t sweeping away fees and surcharges. Fees for Flood Insurance Each policy issued by the NFIP comes

Big changes are coming to the National Flood Insurance Program (NFIP) with the implementation of FEMA Risk Rating 2.0. Will there be changes to the coverage limits? The answer is No and Yes. That’s because nothing is ever simple regarding flood insurance or government programs. And when you combine the two? Yowzah!  Here’s how FEMA 2.0 affects

Like floodwaters crashing down the hillside or turning a dry creek bed into a raging river, FEMA 2.0 will completely wipe away certain flood policies and programs that are a part of the National Flood Insurance Program. What does this mean for you? Well, if you aren’t affected, it means nothing (except as a taxpayer, your money

It’s been a long time coming, but reform to the National Flood Insurance Program (NFIP) is on the way. It looks like the government is following the lead of private flood insurers and making some changes to the way they rate flood policies. That’s a good thing. The existing NFIP is broken and broke. It

Dialogue with the clients on the new flood zone maps that Washington State will be getting in 2020. Joe Munchel Rental Property Invester (Kirkland, WA)  Suprise New flood zone map for Washington State now I need Flood Insurance I’ve owned the home for about a year now and they just put it in a flood

This post is from a post on bigger pockets a real estate investment site.  I worte on anwering a question about flood insruance. Do I Need Flood Insurance On A Ground Condo Unit Flood Nerd responce to question on buying flood insurance @Aaron K. and @Claire Rosenberg all properties are in a flood zone the only differentiator with

Olé at Lely Resort Condo Association (LOMA) Dialogue with Flood Nerd about Low-risk flood zone vs High-risk flood zone Hello, Doris, thanks for letting us look at your property what an honor.  Beautiful condo community It is looking like you are shopping to replace an existing condo unit policy that is written with the NFIP