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Will the age of my home affect the cost of purchasing flood insurance?

In most cases
In some cases
Not sure
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Question: Will the age of my home affect the cost of purchasing flood insurance?
Top Answer (37% of 32 votes): No.

Answer: Not sure
Explanation: Not sure on this
Belocura Cabinetry
Answer: In most cases
Explanation: Replacement cost is always a factor
Full Service Personal Insurance Needs
Answer: No
Explanation: Flood Insurance is not affected by the age of the home.
Certified Inspectors, LLC
Answer: In some cases
Explanation: The law and insurances are constantly changing policy. We have to stay on top of our policies and coverages and if there are questions contact your insurance company.
Extreme Extraction and Decontamination llc
Answer: No
Explanation: This cost is determined by a rating scale generated by FEMMA.
Farmers Insurance
Answer: Yes
Explanation: Age and upgraded measures are taken into consideration when rating homeowner's insurance. For flood insurance, location plays a large part, also.
Lockhart's Insurance Services
Answer: In some cases
Explanation: Several factors are involved in determining premiums.
The Lewis Financial Group
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Related Questions

My house has flooded in the past. Can I still purchase flood insurance? Top answer: Yes

Can a mortgage lender require me to buy flood insurance?Top answer: Yes

Can I still buy flood insurance if I don't live in a high-risk flood zone?Top answer: Yes

Does flood insurance typically cover earthquake-related flooding?Top answer: No

Can renters purchase flood insurance?Top answer: Yes

Related Topics

Life Insurance - Personal
Insurance - Property - Business
Insurance - Property - Homeowners
Insurance - Flood
Insurance - Auto - Personal
Health Insurance for Individuals

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