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Updated over 5 years ago,

Nico C.'s profile image
Nico C.'s profile image
Nico C.
  • Rental Property Investor
  • from Dallas, TX
  • Member since Aug 29, 2018
  • Posts 26
  • Votes 16
  • Experience 12 Yrs
  • Investments 3
Connect

User Stats

26
Posts
16
Votes
Nico C.'s profile image
Nico C.'s profile image
Nico C.
  • Rental Property Investor
  • from Dallas, TX
  • Member since Aug 29, 2018
  • Posts 26
  • Votes 16
  • Experience 12 Yrs
  • Investments 3
Connect
Nico C.
  • Rental Property Investor
  • Dallas, TX
16
Votes |
26
Posts
General Landlording & Rental Properties

Flood Insurance Blues

Nico C.
  • Rental Property Investor
  • Dallas, TX
Posted

I have multiple properties in a FEMA Rated "minimal flood risk" zone - but still in Virginia Beach, VA. VB experiences all the joys of a hurricane prone area as well as the weather irregularities of the southern east coast.

To insure these properties for flooding costs me almost $3,000 annually... I am asking the group why continue to shoulder this burden? How much weight does FEMA's rating carry in your mind?

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