Answer: In some cases Explanation: Not necessarily. It may be less expensive due to the likelihood of a flood occurrence. By more homeowners needing to purchase flood insurance, could very well bring the price down. |
Hazar Financial Services |
Answer: Not sure Explanation: Not sure |
Belocura Cabinetry |
Answer: Yes Explanation: Yes, if you live in a high-risk area your premiums will be higher, but you can offset that by having a higher deductible. |
Farmers Insurance-Chris Faverty Agency |
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ProMatcher |
Answer: Yes Explanation: Flood insurance rates vary depending on the zone. |
MetLife |
Answer: In some cases Explanation: Expense is relative. Many homes near water are expensive properties, but it's always more expensive not to have it. |
Lockhart's Insurance Services |
Answer: Yes Explanation: The flood insurance rates are based on the flood insurance mapping done by FEMA and the NFIP. (https://msc.fema.gov/portal/search?AddressQuery=95747#searchresultsanchor) |
G.L. Anderson Insurance Services, Inc |