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Do You Need to Have Flood Insurance?

By
Real Estate Agent with Coldwell Banker Access Realty ~ 478.960.8055 anitaclark160@gmail.com

Do You Need to Have Flood Insurance?

Chances are, you can ask 100 consumers if they need to have flood insurance and you will get 100 different answers. With new and changing legislation, shifting flood zones, and increasing costs, it can be a mystery to many buyers. ...this infographic should be helpful to those who do not understand the need for flood insurance, when it is required, and/or the situations you might want to consider obtaining it.



Do You Need to Have Flood Insurance?

~~ Please click the link to share this Infographic ~~


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Do You Need to Have Flood Insurance?

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Comments(49)

Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

I love the graphics you have accompanying this post.  You have also provided good information in regards to flood insurance.

Apr 02, 2014 03:13 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher
In Long Island, I'm sure flood insurance has saved my life many times. Love and light, Laura
Apr 02, 2014 04:25 PM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Very busy but good week...I hope yours is the same, Alan.

Thanks so much Myrl. So happy you enjoyed the information.

Laura: That is certainly an area where it would be important to know the details about flood insurance.

Apr 02, 2014 07:54 PM
Rob Spinosa
US Bank - Larkspur, CA
Mortgage Loan Originator, Marin County

If there is any bright side to Biggert-Waters (and believe me, I'm not looking for one), it's that flood insurance is no longer an afterthought.  When I run a pre-approval for any buyer these days I ask about the locations they're considering.  If any are prone to flooding I will take that into consideration and see if their pre-approval could potentially fly with a flood insurance premium.  I think this information is valuable and required because finding out too late you have a $7000 flood insurance requirement --- and yes, I was talking to an insurance agent just yesterday who said this happened to another of his clients --- can mean the difference between success and failure.

Great post.  Great infographic.

Apr 02, 2014 11:52 PM
John Jonas
ReplaceMyself - Virtual Assistants - Highland, UT
John Jonas

The visuals are really helpful in explaining the topic... thanks for posting this!

Apr 03, 2014 12:23 AM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

When I applied for house insurance, they sent someone out that makes that decision. It didn't matter what I thought either...

Apr 03, 2014 12:27 AM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

I do the same thing Rob...I would much rather my buyer clients know upfront what they are dealing with than being surprised at the end of a transaction.

Glad you liked it John...it was a fun creation that I hope many will find helpful.

Richie: Having no control of a process is never something I enjoy.

Apr 03, 2014 08:22 AM
American Brokers Realty Group
American Brokers Realty Group, Inc - Cape Coral, FL

Great advice for home seller's to read they do need to be well educated before placing their home on the market. Thanks for sharing have a great afternoon.

Apr 03, 2014 08:54 AM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

You betcha ABRG...Make it a great weekend!

Apr 03, 2014 09:35 AM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Anita this is a great post to help consumers understand flood insurance and what action is necessary.

Apr 03, 2014 02:53 PM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Thanks Jennifer, I am pleased with how it turned out.

Apr 03, 2014 07:53 PM
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Wonderful!  I love when I am "in" with the superpowers here in the Rain!

Apr 04, 2014 08:43 AM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

LOL...Invite me so I can be IN too, Lisa. 

Apr 04, 2014 09:03 AM
Gordon Wood
Canyon Ridge Realty LLC - Scottsdale, AZ
480.226.2842

Great information. In the desert there is a chance of flash flooding, I'm curious to see if mine is covered.

Apr 07, 2014 12:27 AM
Anne Hensel
South Beaches Real Estate Professionals - Saint Petersburg, FL
Realtor - Broker - St. Pete Beach, Treasure Island

Great points we should all be aware of!  I enjoyed your charts and graphics!  Thanks!

Apr 07, 2014 02:07 AM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Gordon: It would be worthwhile to find out...better early than late. ;-)

Thanks so much Anne. 

Apr 07, 2014 08:07 AM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

Hi Anita, this is very enlightening. You have very good points and I hope this will help a lot of homeowners who are considering of getting a flood insurance. Thanks for sharing this.

Jun 02, 2014 12:41 PM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

I hope so as well...thanks Katerina.

Jun 02, 2014 10:03 PM
Buster Avila
RE/MAX Metro - Saint Petersburg, FL
None

Great blogpost!  Thanks for taking the time to create that infographic.

Jun 03, 2014 12:04 AM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

My pleasure Lisa. So happy you enjoyed it.

Jun 03, 2014 12:15 AM