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Started By
Message
If fema will not reinsure my house?
Posted on 8/25/16 at 9:09 am
Posted on 8/25/16 at 9:09 am
Will they buy it? How much will they pay? Im scared. I have very little flood insurance
7
Posted on 8/25/16 at 9:10 am to 1234567k
Pray man. I can't imagine what you're dealing with, but it'll take faith.
Posted on 8/25/16 at 9:13 am to 1234567k
Hope for a government buyout program.
Posted on 8/25/16 at 9:15 am to 1234567k
Honestly, I have big doubts about anyone in the flood zone flooding again- this was a 1000 year storm.
Posted on 8/25/16 at 9:17 am to NYNolaguy1
It's unlikely, but not impossible
Posted on 8/25/16 at 9:20 am to 1234567k
Never heard of a refusal to insure???
Posted on 8/25/16 at 9:27 am to 1234567k
FEMA doesn't insure your house. NFIP does
Posted on 8/25/16 at 9:31 am to 1234567k
NFIP will be required to offer you flood insurance if they do not buy you out, which they may. Normally, a property has to flood multiple times before they will purchase the home from you and raze it.
Posted on 8/25/16 at 9:34 am to 1234567k
FEMA/NFIP CANNOT uninsure a home. If you have flood insurance, they must continue to cover you. However, they CAN remove your contents coverage.
This post was edited on 8/25/16 at 9:37 am
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