Flooding is not covered by a standard homeowners insurance policy. To determine if you need flood insurance, ask your insurance professional, mortgage company or neighbors about the flood history in your area. If there is a potential for flooding, you should consider purchasing a policy that covers the structure and your personal belongings.

Flood insurance is a very costly type of insurance. If you are considering buying a home that is located in a flood zone you may want to weigh all of your options and take the cost of the insurance into consideration. A home is determined to be in a flood zone or not by FEMA. FEMA is the Federal Emergency Management Agency.

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