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re: Flood insurance recommendations??

Posted on 8/17/16 at 3:12 pm to
Posted by lsupride87
Member since Dec 2007
95925 posts
Posted on 8/17/16 at 3:12 pm to
quote:

We needed one, however, the previous homeowner had one that they gave us and since previous owner had flood insurance, we were able to use it.
You never "need" an elevation certificate. For example, if you are in flood zone x, you just apply for Flood Insurance and walk out with your $450 premium

Now, if you are in zone AE or other higher risk zones, without a certificate you will be paying a higher premium. If you can produce a certificate from an Engineer that you are actually above your flood zone according to the map, you will save a ton of money
Posted by Chad504boy
4 posts
Member since Feb 2005
166500 posts
Posted on 8/17/16 at 3:14 pm to
quote:

You never "need" an elevation certificate.


incorrect.
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