A flood plain is an area of land adjacent to a stream or river that experiences flooding during periods of high discharge. Watch this video and it’ll make sense.
If you live in a flood plain lenders will require that you have flood insurance before lending any money to you. But if you live near a flood plain, you may choose whether or not to get flood insurance coverage for your home.
Check the National Flood Insurance Program site at FloodSmart.gov for more information. And work with an insurance agent to construct a policy that fits your needs.
Latest posts by TitleTap (see all)
- Marketing for lawyers: How to create a marketing strategy and plan - May 23, 2022
- How to simplify the website process in 5 easy steps - May 20, 2022
- How to Avoid a Delayed Closing: 7 Common Roadblocks to Be Aware of - March 7, 2022