My home is in a 500 year flood plane. Will my mortgage company require me to carry flood insurance? I think the answer is no. Thanks in advance for your comments.
mcw said:$230 is very cheap piece of mind....I sleep better at night with it.
Absolutely true. All the development that has been going on all these years adds to the "Impervious Structure" - roof tops, concrete slabs, parking lots, streets; hundreds of thousands of acres of ground that used to absorb the water just can't anymore, and it all affects runoff and flood plains. I know its true in San Antonio and Houston has 4 times the population, is much closer to sea level, and basically already flood prone.sqwaby said:These days with all the construction going on, roads, buildings with huge parking lots, homes, you never know how the local drainage has been affected. A lot of places that didn't flood before have done so in recent storms. As others have said "better to have and not need"