House flooded

efil4stnias said

PLEASE listen.

My best friend of 40 years lived in Walker LA.

Called me one afternoon as i was driving home to ask about what he can do to lower his flood renewal. I said NOTHING. Pretend you didnt see it. Take the small increase in Escrow and move on.

HE didnt listen to me- removed his content coverage.

3 days later he had 4 ft of water in his home.


I know its a lot right now- home insurance costs up, flood rates up etc etc. But remember where you reside and that 1 inch of water in your home can be devastating.

Click to expand...

I can't agree more.

As a person who has done over 1000 flood claims as expert for either the NFIP or homeowner, not having flood insurance is stupid. It's not something you don't need until it's already flooded. It's something you need now. It's generally cheap and the cost of repairing even an average house is expensive.

Most of the flood damaged houses we dealt with after Sally almost 3 years ago had less than 1 foot of water. The average price per sq ft was about 80 so if you're prepared to have a 3000 sq ft house cost you 240k instead of the 500 or 1500 for flood insurance, then fine. If you don't have 200k around to fix your flood damage then pay the insurance.