Will the elevation of my home affect the cost of flood insurance premiums? Yes 55% In most cases 20% In some cases 13% Not sure 10% Next Question Question: Will the elevation of my home affect the cost of flood insurance premiums? Top Answer (55% of 29 votes): Yes. Answer: Yes Explanation: I think so Belocura Cabinetry Answer: Yes Explanation: Certain zones require elevation and discounts are given for them. Lockhart's Insurance Services Next Question Find Local Pros Free Insurance - Flood Cost Estimates 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