Fair market flood insurance Sunday, June 18, 2006
An insurance policy that covers damage to your home due to flooding. If the home you are buying is in an area prone to flooding, then you may be required by your home loan provider to get flood insurance. To establish whether your home is in such an area, a land survey must be done-at the expense of the person selling the home. The lender must give notice that the property is in a flood zone at least 10 days prior to closing.
posted by your Insurance @ 3:13 AM,
