Folks:
Be careful about fighting flood insurance. It is there for a reason. As someone noted above, if your home is flooded you won't be covered by a normal homeowners policy and could be on the hook for repairs and they an be significant. I have a friend who similarly fought the requirement to have flood insurance on a property he bought because he didn't think it was needed. Well, he was forced to take the insurance and 4-years after doing so a nearby river flooded and caused $60,000 worth of damage. Guess what? He was glad he had the insurance.
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