In this video, we help you better manage and understand flood insurance costs, so you know how to avoid bait and switch when it comes to flood insurance.
When it comes to flood insurance, most flood insurance carriers will give you an option to pick and choose your desired deductible.
Flood insurance costs in high-risk areas or the special flood hazard areas (SFHA) can be complex. These costs can really cause a dent in your wallet due to flood insurance.
Flood zones have a history of determining flood insurance rates especially when it comes to the National Flood Insurance Program (NFIP). However, nowadays, this flood zone is more of an indicator of your risks.