Flood insurance worth it if your property is in a low risk area?

[Peter K.]

This pertains to Eastern North Carolina, I have a property that is NOT in a flood zone but I have considered getting flood insurance due to the severe weather here in the Summer months and heavy rain, however, the lowest insurance I can get will cover $20K property with about $33/month for the insurance, which will eat into my cash flow, I don't know if it's worth it or not. I also can't cancel the flood insurance unless if I sold the property (according to the quote I received) so if I'm going to go with this, I need to be 100% sure. What are your thoughts on flood insurance? Is it worth it for someone who is in a low flood zone area?