Property in a flood zone

[Marc Zumpano]

Hi I am a new investor currently in the finishing steps of closing on a property. The property is in flood zone and it requires FEMA backed flood insurance. The cheapest quote I have gotten is $2800 is there any advice or tips that anyone has for me on how to get a more affordable flood insurance. As well as does anyone have any experience with properties in a flood zone and what are some of your experience with them?

[Brian Sigrest]

Hey Hai Le, I am an agent for a small independent agency. What state is this rental in? I may be able to help out. We can get quotes from several carriers to help you find some cheaper insurance. Feel free to PM me if you'd like to try and cut that cost!