Need Flood Insurance? Know What Factors Can Determine How Much You Pay
If the home you are purchasing is in a flood zone or near a water source, chances are that you’ll need to get flood insurance. Most homeowners don’t need this kind of insurance unless it is absolutely necessary, but if you do need to have it, the way that premiums are determined can feel confusing to you. By knowing what factors determine the flood insurance premium that you’ll pay, you can get a better idea of what to expect before you purchase a policy. Read More»