New FEMA map could alter residents' i...

New FEMA map could alter residents' insurance needs

There are 7 comments on the PhillyBurbs.com story from Feb 27, 2011, titled New FEMA map could alter residents' insurance needs. In it, PhillyBurbs.com reports that:

Municipalities have received copies of an agency's proposed updates to local flood plain zones.

Join the discussion below, or Read more at PhillyBurbs.com.

not Ralph Williams

Toronto, Canada

#1 Feb 27, 2011
Airick

Warren, NJ

#2 Mar 3, 2011
Big deal!
Flood insurance for a home appraising for $200,000 is around $450 a year or $37.50 a month. I'd pay an extra $38 a month to avoid taking a total loss on my home from a flood.
And for you dumbies out there that think your normal home owners insurance will cover flood damage then think again.
syl

Pottstown, PA

#3 Mar 31, 2011
Airick wrote:
Big deal!
Flood insurance for a home appraising for $200,000 is around $450 a year or $37.50 a month. I'd pay an extra $38 a month to avoid taking a total loss on my home from a flood.
And for you dumbies out there that think your normal home owners insurance will cover flood damage then think again.
That would be "dummies", you dummy
USA Fault Zones

Toronto, Canada

#4 Apr 1, 2011
Buck

Livonia, MI

#6 Apr 1, 2011
Airick wrote:
Big deal!
Flood insurance for a home appraising for $200,000 is around $450 a year or $37.50 a month. I'd pay an extra $38 a month to avoid taking a total loss on my home from a flood.
And for you dumbies out there that think your normal home owners insurance will cover flood damage then think again.
Only a real dummy would buy a home in a flood zone.
artie

Bensalem, PA

#7 Nov 16, 2011
Buck wrote:
<quoted text>Only a real dummy would buy a home in a flood zone.
How about us dummies who lived in our 150 year old homes for decades before the area ever flooded?
Developments change the hydrologic system. Areas that were never flood prone are now flooded because the county commisioners and planners refuse to just say 'no' to over-development and poor storm water management.
Ed Law

Horsham, PA

#8 Jun 18, 2013
I live in a Duplex shared with family.(no renters involved) only owners live here, we pay over $2000 / year because PennyPack creek runs through the woods over 200 feet away behind the house, I have a finished basement that is above ground level, never had any inside damage from any storm, Alison, Irene, Sandy... only mulch washed away. This property has been in my family over 30 years = do the math, thats $60,000 and never a claim? The new FEMA study says we are not actually in the flood zone, but the mortgage company goes my the old outdated maps. When will Horsham adopt the new correct maps, so I can get a more reasonable rate??????????

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Mortgage Discussions

Title Updated Last By Comments
News House of the Week: Modern Sylvan Beach home wit... 9 hr Beach Your Meat 1
News Monetary policy isn't working, and central bank... 15 hr Strong Wakamoto 2
News Long Beach pastor admits to running $3 million ... Tue lawyers gone wild 2
News Ottawa lawyer suspended three months for role i... Sep 23 KHAN Lawyer Guilty 2
Outsmart the IRS : Invest Offshore and Secure Y... Sep 22 BushDidIT 1
News Ex-City Council candidate indicted on housing f... Sep 22 Woodie547 1
News Judge restricts finances of former El Paso's Fe... (Nov '14) Sep 21 Gbaby 3
More from around the web