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No Mortgage

Posted on 5/17/11 at 9:39 am
Posted by bigwheel
Lake Charles
Member since Feb 2008
6491 posts
Posted on 5/17/11 at 9:39 am
No flood insurance requirement?
Posted by udtiger
Over your left shoulder
Member since Nov 2006
98856 posts
Posted on 5/17/11 at 9:40 am to
Nope.
Posted by gorky
Austin, TX
Member since Dec 2010
947 posts
Posted on 5/17/11 at 9:40 am to
No - According to my insurance agent

I could be wrong.
Posted by Slickback
Deer Stand
Member since Mar 2008
27684 posts
Posted on 5/17/11 at 9:43 am to
Correct. The government does not require you to have flood insurance, your mortgage company does.
Posted by IndianRed
Member since May 2011
108 posts
Posted on 5/17/11 at 10:06 am to
quote:


Correct. The government does not require you to have flood insurance, your mortgage company does.


I thought the federal government required it for flood zone A. No?
Posted by Chad504boy
4 posts
Member since Feb 2005
166318 posts
Posted on 5/17/11 at 10:13 am to
quote:



I thought the federal government required it for flood zone A. No?




If you own something in cash, government can't tell you how to insure it.
Posted by Kajungee
South ,Section 6 Row N
Member since Mar 2004
17033 posts
Posted on 5/17/11 at 10:38 am to
quote:

If you own something in cash, government can't tell you how to insure it.


See the Obama health care plan
Posted by Kim Jong Ir
Baton Rouge
Member since Jan 2008
52602 posts
Posted on 5/17/11 at 10:45 am to
quote:

Correct. The government does not require you to have flood insurance, your mortgage company does.


Actually, the government requires the mortgage lender to require it!
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