Quote:
Originally Posted by jrref
There are several posts about this here on TOTV so just search to get all the opinions. But the high level is, the Villages has one of the best water management systems in the country so unless you live near a body of water, or you are in a flood zone, you probably don't need flood insurance here in the Villages. We did a survey recently to see how many homeowners used flood and or sink hole insurance here in the Villages and no one responded. It's entirely up to your tolerance for risk and the risk here is very low.
|
You need to know what your flood zone you might be in. If you have a mortgage they will require it. Here in the Villages it is not likely that your house would flood. That said after over 20 years of handling Flood Claims I have seen homes not in a flood zone or near any water get flooded. Storm drains can clog and streets can easily flood.
Check the cost of flood insurance. Since it is a Federal Program the price is the same no matter who you buy it from. It’s all based on Elevation and Flood Zone. From a customer service view point I would not go through FEMA. I would purchase from any insurance company that sells it such as Hartford, Allstate, State Farm etc.