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Message
re: Risk 2.0 - FEMA Finnda Eat!
Posted on 9/15/21 at 10:34 am to statman34
Posted on 9/15/21 at 10:34 am to statman34
quote:
No they don't, BUT if you flooded and got FEMA or Federal/State help and you don't have flood insurance still you will not get any help in the future the way the wording was in the paperwork. And if you moved and the new owner doesn't have it, same case for them. So not required, but you better have it in case.
Will piss off a lot of people, but that's how it should be done. I am in Zone X and not required to carry flood insurance. But, since I line in LA I still pay my $450 per year even though I know FEAM would bail me out anyway
2
Posted on 9/18/21 at 10:43 pm to Weekend Warrior79
We’re AE I think and pay around $900 per year. Still have a mortgage so not having it isn’t an option and although I feel “safe” from flooding, I guess you never know.
Posted on 9/18/21 at 10:57 pm to Weekend Warrior79
quote:
But, since I line in LA I still pay my $450 per year even though I know FEAM would bail me out anyway
How would they bail you out? I thought they just people sba loans
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