Build an Ark
This is just my opinion. It may be a new bank requirement unrelated to flood zones. The Keene area was declared a FEMA disaster area last year due to flooding and much of that flooding occurred in areas that weren’t flood zones and many were not insured for the damage.
Banks aren’t interested in owning your property; they want interest income on your mortgagee. It may follow that as a result of what happened in other parts of the state (not to mention New Orleans) that flood coverage is now being required.
I agree completely that it can be expensive to insure, but also know that it is expensive to have a house float away with no insurance on it and ending up with no house and still have to pay the mortgage
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