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Updated about 8 years ago,
Properties that have to have flood insurance
I have been looking at properties in good areas where I live, but they are in flood zones. I called to get quotes and they have been extremely high making deals look impossible, because they will lose money. Also the cost rises by 25% every so often, because its a rental property. Has anyone dealt with rental properties that require flood insurance? Please give me some information, because right now it looks like a no deal.