[jrjan1]

Do you get a separate policy for flood insurance?

[jrjan1]

Do most Villagers get federal flood insurance? They said we are low risk. I thought it was really cheap, but it is about $500/year.

[retiredguy123]

Yes, you need a separate policy for flood insurance. Personally, I think it is a waste of money, and I think most Villagers do not have it.

[patfla06]

We always get flood insurance because even inland you can get extreme rain ( think Houston) and get flooded.

[Nucky]

If you saw the spot where my house is there is not a chance you would buy Flood Insurance. I'm in a Y zone. That means almost impossible. The policy was $300 for the year. I'm glad I had it after Irma came thru because the water flooded the street, the yard and was within inches of our Golf Cart Garage.

For 3 Beans, I rest easy. It is a separate policy and it takes 30 days to become effective. Can't pick up the phone and activate a Flood Policy when the Storm is coming at you.

[villagetinker]

Irma dropped around 15 inches of rain in less than 24 hours (if memory serves me correctly), there were a few areas in the historic area that had flooding conditions and a few streets that were flooded, very few if any homes, so IMHO, talk to your neighbors and ask them. If you are in a very new area (south of 44), you may want to consider it until we get a very heavy rain situation. There are flood maps available, but I would not trust these for the new areas, unless they have been updated for the latest land contours.
Hope this helps.

[GatorFan]

There are homeowners companies that add flood as endorsement on home policy. Premiums are normally $100.00 or lower in cost and coverage limits same as home and contents coverage.

[valuemkt]

Most people think of flood insurance paying for a river rising and overflowing its banks and flooding plains. However, most homeowner insurance policies, including "all peril" that cover hurricane and tornado damage, do not cover water damage from groundwater flooding .. With no basements and slab foundations, and heavy summer monsoons, for example, normal policies will not pay for damage from three or four inches of water throughout your house. This really has nothing to do with flood maps etc .. At same time, you need to look at typical flood insurance deductibles .. For $ 3-600 dollars it comes down to whatever helps you sleep well at night.

[Nucky]

Originally Posted by villagetinker

Irma dropped around 15 inches of rain in less than 24 hours (if memory serves me correctly), there were a few areas in the historic area that had flooding conditions and a few streets that were flooded, very few if any homes, so IMHO, talk to your neighbors and ask them. If you are in a very new area (south of 44), you may want to consider it until we get a very heavy rain situation. There are flood maps available, but I would not trust these for the new areas, unless they have been updated for the latest land contours.
Hope this helps.

At a neighborhood get together about a 50/50 split on how many people had it. There were about 40 people in attendance.

As far as I know, the only Manufactured homes that were flooded were the first two near the Archery Range. One new home is now on those two lots. They were single wide homes.

[Ben Franklin]

The Villages is anywhere between 70 to 110 feet above sea level (not exact). I came from an area that was 5 feet above seal level, and had flood insurance every year. I never had to use it. I was paying $400 a year. I don't see why they would charge that much here, given the higher elevation. I would suspect that if one is near a lake and/or in a lower lying area, they might have a concern, plus with the climate changing, we may be getting stronger storms and more rain. Find out if your area is prone to flooding. The decision is all yours.

[bilcon]

Save your money, unless you live in an area prone to high water. Most of us don't have it between 466 and 466A. All the water from Irma did not impact our property, even though the fairway behind us was under water for about 2 weeks. I was going to put my house for sale listing it as golf front, and water front. Ha! Ha!

[asianthree]

The pond across the street is about an acre, maybe 10 feet height with few feet of water. The hurricane rain filled the pond to the top. TV started pouring water on the courses to empty ponds ( yes closed courses), but saved many from having water in their homes. We don’t have flood insurance

We looked at a home this week that backed up to a preserve. Water was 10 feet from the house, with no barrier wall. TV can’t control the water here. If we bought we would definitely buy flood insurance

[BobnBev]

Like all insurances, It's better to have it, and not need it, than to need it and not have it. We've had it from day #1, and wouldn't be without it.