Private Flood insurance Quotes

[Joe Nitz]

I was wondering what other people are using for flood insurance. One of my properties is in an AE flood zone in michigan. Way back before I owned the place (1986) the place flooded with about 1-2” of water covering the basement floor. It barely did any damage so it’s hard for me to spend a lot on flood insurance that basically never has had to payout in the entire life of the house. I had NFIP insurance that was $1000 for $55k coverage. I switched to floodsmart.com and they covered me for $55k for $320/year with a 5k deductible. Last year the insurance went up to $420 and I wouldn’t doubt if it increases again this year. So I’m open for other options.