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What Everyone Should Know About Determining Flood Zones

When you want to know the impact that future flooding may have on a particular piece of real estate, you may find yourself wondering how and who determines flood zones. Well, it isn’t a secret. In fact, the federal government has a lot of information on the topic (See fema.gov/flood-zones). FEMA, the Federal Emergency Management Agency, is […]

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Is Your Home in a Flood Zone?

The possibility of losing everything you own in a flood might not be something you think about every day. Nevertheless, it’s important to know that most home insurance policies don’t cover flooding – even those caused by natural disasters. If you live within a flood zone, you’ll need a separate flood insurance as part of […]

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Flood Insurance Remains in Washington’s Back Burner

When was the last time you saw the news? While some people are information junkies, others are so jaded with the current political climate, it’s just easier to ignore it all and go on about your lives. And that’s fine, except when what’s going on in Washington may affect you personally. A few months ago, […]

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How FEMA’s Proposed Changes Will Cost You

Back in April, we posted a blog explaining what are FEMA’s Flood Insurance Rate Maps (FIRM). In a nutshell, FIRM are maps that are redesigned every couple of years, to reflect recent environmental changes that may have affected a specific area’s flood probabilities. This means that it is entirely possible to go from having your […]

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FEMA’s National Flood Insurance Program is in Deep Water

How much money do you spend on flood insurance each year? If a natural disaster were to hit your hometown tomorrow, do you know what would be covered? Or are you making monthly payments only because your mortgage lender required you to carry coverage before approving your loan? It’s imperative to know whether you’re at […]