Anonymous wrote:I would bot buy in a flood zone. Regular homeowners insurance does not cover floods. Flood insurance in a flood zone is expensive.
Flood insurance is under FEMA and the rate is set. It also has preset limits. Flood is water from the sky, vs wind damage (storm surge) or water from another source (busted pipes, broken water main, overflow).
Flood zones often don't make sense. I have two houses, one in the DMV that is in a flood zone in close in suburb and one on the ESMD literally on the Bay. My DMV house is in a flood zone and my waterfront one is not (go figure, it makes zero sense).