Is there a low-cost policy for homes in low-to-moderate risk areas?

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Is there a low-cost policy for homes in low-to-moderate risk areas?

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Yes. The Preferred Risk Policy is available in low-to-moderate risk areas for as little as $119 per year.

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Yes. The Preferred Risk Policy is available in low-to-moderate risk areas for as little as $119 per year. I’m not in a high-risk area, but I’d like flood coverage. Is this possible? Yes! You are eligible to purchase a flood policy with the same coverage you would receive if you lived in a high-risk area. That is, of course, as long as your community participates in the NFIP. And you may qualify for the Preferred Risk Policy (a low-cost flood insurance policy) that provides contents coverage for as little as $39 per year and for as little as $119 per year for both building and contents coverage. I live in a high-risk risk area. After my home was damaged in a flood, I received federal disaster assistance. Do I need to purchase flood insurance now? Yes. If you live in an SFHA and have received disaster assistance in the form of a federal grant or loan, you must cover the building for flood insurance for as long as you own it. Should you sell the building, you are required to inform the ne

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