Hurricane Ian Watch

[Chief Pagan]

Originally Posted by FlaChief58

I've never lived in a flood zone, but have talked to people who do. Most are willing to roll the dice and pray they never have a problem. Also, it's really hard and expensive to get flood insurance if you're in a flood zone.
I'm not sure if mortgage companies require flood insurance though

I'm not clear on hurricanes, for river flooding, I thought you needed flood insurance to get a mortgage if you were listed as being in the '100 year flood plain' as determined by FEMA.

And that insurance was often provided by FEMA because private companies didn't want to.

I can't imagine a mortgage company wanting to assume the risk of property that is known to be in a flood zone as opposed to requiring the home owner to carry insurance just like fire insurance is required.

But I admit something seems odd about the stat I saw.