Is your Brevard County Florida home located in a flood zone?
Do you know? How do you find out if it is?
Usually at the time you purchase your home, you are notified whether your house is located in a flood zone. If it is, your lender will require you to purchase a separate flood insurance policy to cover the property in case of rising ground water.
However, if it is determined that your house is not located in a flood zone, did you know that you can still purchase flood insurance? The premium amount varies depending on your home and its location.
If you are not sure if your house is located in a flood zone, a survey company can request an elevation certificate which will determine what flood zone that you are in.
According to The National Flood Insurance Program, some questions that you should be sure to ask your insurance company are...
Can you confirm what flood zone I am in?
Does my community participate in the National Flood Insurance Program Community Rating System?
If it does, will I qualify for a discount?
What will be covered in case of damage? What will not be covered?
How much coverage will I get? How much coverage will I get on my contents?
Could you discuss rates based on different deductible amounts?
How much will the premium be for the year?
What is covered by replacement cost? What about cash value?
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