G Henslee wrote:

Joseph Meehan wrote:


The cost depends on where you are. I am in a 500 year flood plain,
which means I can expect a flood about ever 500 years or so. My home is
appraised at about 250,000 + and I pay about $260 per year.



That said, I do believe it is a very wise thing to have. If your rates
are too high, then you are not living in a safe area.


You suppose the rates for flood ins. will rise now?

Very possibly although since it is federally subsidized, I'd not expect
massive increases.