I get this question all the time and without evening speaking to you the answer is “YES”.
Every home is located in a Flood zone it’s just some zones are at a higher risk than others. Flood damage is the number 1 catastrophe in the nation yet very few homeowners purchase Flood insurance. Why?
I don’t know the answer to why but I can tell you, if you think the government or Red Cross is going to come to your rescue when a Flood occurs, think again.
Flood insurance is very inexpensive especially if your home is located in a preferred Flood zone. The problem with Flood insurance is you can only purchase up to $250,000 for dwelling coverage and $100,000 for contents coverage but something is better than nothing. I would certainly like to receive a check for $350,000 verses $0 for my neighbor who doesn’t have Flood insurance.
If you live in Virginia, Maryland or South Carolina and you would like to know how much Flood insurance would cost for your home, simply visit Flood Insurance Quote.