A flood insurance bill drop could be on the horizon for thousands of Southwest Florida homeowners, and it is bigger news than most people realize. Flood insurance premiums running $4,000 to $6,000 a year have been quietly crushing affordability across the region. Upcoming FEMA remapping changes are expected to remove that requirement from thousands of […]
Tag: flood zone
Buying a House in a Flood Zone
Florida is extremely prone to flooding due to its location and climate, and flood zones play an important role in real estate transactions throughout the state. Water can be incredibly damaging to a house. According to the Federal Emergency Management Agency (FEMA), a single inch of floodwater can cause up to $25,000 in damage. This […]