In this video, we talk about some scenarios where a flood zone has a base for an elevation and does not. We discuss how this can significantly lower your flood insurance premiums.
In this video, we want to talk about flood insurance for anything and everything below the base flood elevation. We also want to talk about the four things that your flood insurance covers in your basement.
Base flood elevation (BFE) is the elevation of surface water near our home. It is important to know our BFE to know what flood zone we are in and what coverage we should get in case of a flood. In this video, we talk about how to consider base flood elevation when picking or building our home for us to avoid being overcharged affecting our flood insurance rate.
Flood insurance looks at multiple variables when it comes to understanding how much risk of flooding your property has. One of the key determiners is the elevation of your property and how far it is from where flood levels are expected to start.