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re: Why do so many not have flood insurance?
Posted on 8/17/16 at 9:15 pm to tigers1956
Posted on 8/17/16 at 9:15 pm to tigers1956
I do not have flood insurance because I studied the flood maps and deemed myself out of a flood area which my mortgage adviser also claimed. I didn't get flooded nor will I ever. Just study the maps and it will tell you. Elevation, how close to water you are, how close to levees you are.
2
Posted on 8/17/16 at 10:31 pm to tigerbacon
How bout a flash flood
Posted on 8/19/16 at 10:12 am to tigerbacon
quote:
I do not have flood insurance because I studied the flood maps and deemed myself out of a flood area which my mortgage adviser also claimed. I didn't get flooded nor will I ever. Just study the maps and it will tell you. Elevation, how close to water you are, how close to levees you are.
My parent's neighbors said the same thing, unfortunately they rolled snake eyes.
As for the OP, I'd like to think people bought maps and looked up flooding and elevation tables, but most just saw a 400 to 4,000 a year price tag for something that has never happened in their life time and gambled.
This post was edited on 8/19/16 at 10:13 am
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