Flood insurance in TX

[Rina Amir]

Lee own a couple of SF homes in Dallas, TX in non flood zones but due to recent weather wondering if we should purchase flood insurance. It's ~$600 a year cost. Pretty expensive...... Any thoughts/advice? The bank doesn't require it.

[Jane Istre]

You never know when a flood will occur and it will, just look what happened in Central Texas last month. The people in the Lake View area of New Orleans not the lower class neighborhoods, were middle class people who without flood insurance were devastated. They lost everything they had saved for. It only takes a rain storm stalled on top of you for a few days to flood your home. I have flood insurance on all my properties and it paid off for us when we were flooded during Hurricane Ike. We are about 30-40 miles from the Gulf and never expected to flood but we did with 3 feet of seawater.