Will Flood Insurance Cover Foundation Repair?

  Will Flood Insurance Cover Foundation Repair? You walk into your home after a flood and feel the floor sloping slightly. There are new cracks in the wall. Doors stick. Maybe you even see gaps where the floor meets the baseboard. The scary thought hits you: “Did the flood damage my foundation, and will insurance […]

When Does Flood Insurance Take Effect?

  When Does Flood Insurance Take Effect? You keep hearing you should “buy flood insurance before you need it.” That sounds reasonable. But then the real-life question hits: “If I buy a policy today, am I covered if it floods next week?” For most people in the United States, the honest answer is no. Flood […]

Can Flood Insurance Be Transferred?

  Can Flood Insurance Be Transferred? You are buying a home in a flood zone and the seller tells you: “Good news, I already have flood insurance. You can just take it over.” Or you are selling your house and wonder: “Can the buyer just keep my flood policy so they do not have to […]

Are Flood Insurance Rates All The Same?

Are Flood Insurance Rates All The Same? Short answer. No, flood insurance rates are not all the same. Two homes on the same street can pay very different prices for flood insurance. A small older home a few blocks from a river might pay less than a brand new luxury home set farther back. A […]