2024 Tropical Weather Thread

sigh.

And the WORST part about the 99% - is i can only imagine how little flood insurance would have cost them ( due to elevation, risk exposure, no losses etc etc )

Im sure we will see SBA loans like we did post Katrina, but that doesnt help those that lost it all and STILL have a mortgage to pay on the home that is gone.

Of all the insurance i sell, FLOOD is BY FAR, the HARDEST sell for for property that is NOT in a flood zone.

Looking at relevant counties, it’s about $800/yr for the $250K FEMA policy.

https://www.fema.gov/flood-insurance/work-with-nfip/risk-rating/single-family-home