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All Forum Posts by: Tom Brooks

Tom Brooks has started 3 posts and replied 92 times.

Post: Flood Zone

Tom BrooksPosted
  • Jupiter, FL
  • Posts 95
  • Votes 32

You can use the existing premium as a means to negotiate better pricing for the property and then potentially mitigate to lower premiums in various ways. See my post below.

https://www.biggerpockets.com/forums/61/topics/364937-reducing-flood-insurance-costs?page=1#p2316931

Post: flood zone

Tom BrooksPosted
  • Jupiter, FL
  • Posts 95
  • Votes 32

There are things that can be done to reduce costs. I have a whole post about it:

https://www.biggerpockets.com/forums/61/topics/364937-reducing-flood-insurance-costs?page=1#p2316931

Post: Flood insurance for a Quadplex

Tom BrooksPosted
  • Jupiter, FL
  • Posts 95
  • Votes 32

I have a whole post about it. See below.

https://www.biggerpockets.com/forums/61/topics/364937-reducing-flood-insurance-costs?page=1#p2316931

Post: Alternative to FEMA flood insurance

Tom BrooksPosted
  • Jupiter, FL
  • Posts 95
  • Votes 32

There are quite a few ways to reduce flood insurance premiums. I have a whole post about it.

https://www.biggerpockets.com/forums/61/topics/364937-reducing-flood-insurance-costs?page=1#p2316931

Post: Flood Insurance and HELOC

Tom BrooksPosted
  • Jupiter, FL
  • Posts 95
  • Votes 32

Flood insurance premiums can be lowered with mitigation. I have a whole article about it.

https://www.biggerpockets.com/forums/61/topics/364937-reducing-flood-insurance-costs?page=1#p2316931

Post: Flood Insurance Surcharge

Tom BrooksPosted
  • Jupiter, FL
  • Posts 95
  • Votes 32

Patrick I have a whole article I wrote about it and have a team of professionals who can help you.

https://www.biggerpockets.com/forums/61/topics/364937-reducing-flood-insurance-costs?page=1#p2316931

Post: Flood insurance in TX

Tom BrooksPosted
  • Jupiter, FL
  • Posts 95
  • Votes 32

You can look into mitigation techniques to lower the annual cost. Here is a post all about it.

https://www.biggerpockets.com/forums/61/topics/364937-reducing-flood-insurance-costs?page=1#p2316931

Post: Private Flood Insurance

Tom BrooksPosted
  • Jupiter, FL
  • Posts 95
  • Votes 32

Lloyds is a popular one. It might be worth looking into mitigation techniques. I have a whole post about it.

https://www.biggerpockets.com/forums/61/topics/364937-reducing-flood-insurance-costs?page=1#p2316931

Post: New Orleans Flood Insurance

Tom BrooksPosted
  • Jupiter, FL
  • Posts 95
  • Votes 32

I can help you with this. Actually I have a whole post about reducing flood insurance premiums.

https://www.biggerpockets.com/forums/61/topics/364937-reducing-flood-insurance-costs?page=1#p2316931

Post: Flood insurance?

Tom BrooksPosted
  • Jupiter, FL
  • Posts 95
  • Votes 32

There can be an opportunity to lower that. I have a whole post about it.

https://www.biggerpockets.com/forums/61/topics/364937-reducing-flood-insurance-costs?page=1#p2316931