Flood Insurance and You

Real Estate Agent with David Tracy Real Estate #555994


Flood Insurance and You


If you live in a high-risk flood zone and you have a home mortgage then your mortgage lender will require you to have flood insurance. If your home is located in a non-high-risk flood area then you can chose to have flood insurance if you wish.


The 1000-year flooding event taking place in South Carolina should give pause to every home owner to consider if their flood insurance is currently meeting their needs. Some home owners will cancel their flood insurance once their mortgage is paid. I don’t recommend that anyone does this.  


If you don’t have flood insurance you should consider talking to your insurance agent to realize the value in having a policy. Just because your home doesn’t sit in a flood zone does not mean your home may never flood.


Please don’t confuse flood insurance with a water loss or sudden and accidental discharge of water issue. Flood Insurance will cover high rising water, while a “water damage” policy will only cover an accidental discharge of water within your home.


I recommend talking to your insurance agent to see where you stand. Some of the good people of South Carolina will find themselves without a home they cannot replace due to the flooding.  Financially it is better to be proactive then reactive.


Oh by the way, if you know of anyone who is thinking of buying or selling a home who would appreciate my level of service, just give me a call with their name and number. I'll be happy to follow up with them for you.



Posted by


Sussie Says…

Representing Buyers and Sellers in Friendswood, Clear Lake, Pearland, Webster, City of League City, and the Houston / Bay Area.

Call Me  Your Realtor at ...713-822-1655.

Website: http://www.sussiesuttonrealtor.com/

Email Me: sussiesutton@yahoo.com








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Comments (6)

Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Good advice for home owners. Thank you for the post.

Oct 07, 2015 04:05 AM
Sussie Sutton
David Tracy Real Estate - Houston, TX
David Tracy Real Estate for Buyers & Sellers

Thank you Gita for the comment. It is a good thing to have flood insurance where it is needed or not. 

Oct 07, 2015 05:19 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is a timely and very important topic.

I expect that thousands of those who have experienced flood damage in recent days do not have flood insurance.

Oct 07, 2015 10:24 AM
Sussie Sutton
David Tracy Real Estate - Houston, TX
David Tracy Real Estate for Buyers & Sellers

You know Roy Kelley I thought this was a great post. Even though I got a Click 50 I only received two comments. Why do you think that is?

Oct 08, 2015 08:50 AM
1~Judi Barrett
Integrity Real Estate Services 116 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

The weather this year has caused many to reconsider their decisions about not having flood insurance.

Oct 10, 2015 10:38 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Sussie, great reminder to check out flood insurance if there is any chance you could experience this disaster.

Oct 10, 2015 11:01 PM