No one can really answer the OP's question because any house could potentially be flooded regardless of where it is located. You can't just go by the elevation of your house, and flood plain maps are always out of date, especially in a growing area. But, at $450 per house per year, it would cost 27 million dollars every year to insure the 60,000 houses in The Villages against flooding. Based on past experence for flood damage, that does not sound like a good deal to me.

We are located in a flood zone classified as a Y Zone. This means little to no risk.

My Flood Policy is Cheap For Good Sleep. Just do it, no big deal. At least for the first year and then recalculate.

Two manufactured Homes near the Dog Park were flooded. There may have been others but those are the ones I observed.

The catch basin on the gutter on our street were jammed with silt. The water backed up and came to close to many houses. Good Luck with your decision.

Please tell me what you mean by "Lake Deaton is swampy." There are so many areas that have ponds/lakes, I am wondering why you specifically mentioned Lake Deaton. What did you hear about that area?

Nothing, but the areas near the street we are looking at are up against a marshy looking area that goes out to lake Deaton. Just looks swampy or marshy... my wife imagines its full of gators! LOL (I think.)

contact - ammerman ins., p.o. box 490268, leesburg, fl. 34749 352-728-3991

I'd be inclined to get sinkhole insurance, but not flood insurance unless you know your area floods. The entire geography is mildly hilly (for Florida) and water seems to run off pretty quick.