The Motley Fool Discussion Boards

Previous Page

Personal Finances / Buying or Selling a Home


Subject:  Re: What a kick in the face Date:  10/26/2013  10:16 PM
Author:  CCinOC Number:  126495 of 128371

No longer being able to live on waterfront property because flood insurance has increased too vastly in rate:

The flood insurance problem doesn't involve only waterfront property.

A friend of mine lives 5.6 miles from the beach, yet she pays $287 per month for flood insurance. I live the exact same distance from the beach, but my house is (est.) 50 feet higher elevation, so flood insurance isn't required.
Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us