Updated over 5 years ago on . Most recent reply
Getting Flood Insurance Removed
Just getting into my first rental. However the flood insurance we are having to pay is a pretty hefty payment each month. I have been looking into petitioning for removal of the requirement just solely to be able to increase monthly cash flow. If anyone has any tips on how to go go through this process or the best way to increase your odds of being able to get out of it your input would be greatly appreciated.
*On a side note about this property. Every other house around it is not in the flood zone and the only piece of the lot that is in the flood zone is a small area in the corner of the front yard. The house is also 13 feet off the ground and is no real danger of flooding (based on the 10 year flood plain) .*