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Started By
Message
Is it too late to buy flood insurance?
Posted on 5/11/11 at 10:32 am
Posted on 5/11/11 at 10:32 am
Dumb question but I don't own a home and was just wondering.
4
Posted on 5/11/11 at 10:33 am to Chatagnier
You can but it any time, but there is a 30 day waiting period before it goes into effect.
Posted on 5/11/11 at 10:33 am to Chatagnier
30 day wait for coverage to go in effect unless required by lender for a new purchase.
Posted on 5/11/11 at 10:34 am to Chatagnier
YES, I think they have at least a 30 day period.
Posted on 5/11/11 at 10:35 am to Chad504boy
You can buy it but it won't go into effect until flooding in the Miss goes below flood stage. If you do buy it do it quick before the program expires again because of political infighting in DC.
Posted on 5/11/11 at 10:43 am to Chad504boy
Chad, Is it possible to get a Premises Liability policy on a floating, non-self propelled camp?
Posted on 5/11/11 at 10:58 am to LSUDad
quote:
YES, I think they have at least a 30 day period.
Correct. I own flood insurance on a rental house next to a creek. Lender did not require the insurance, so I bought it myself and I was told there was a 30-day period before it took effect.
Posted on 5/11/11 at 11:12 am to Chatagnier
I am not reading this thread, but I know it takes 30 days to go into effect.
This post was edited on 5/11/11 at 11:12 am
Posted on 5/11/11 at 1:06 pm to Pectus
Also u can only get flood insurance if ur property is in a flood zone
Posted on 5/11/11 at 1:09 pm to LSU Rules07
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