What Is A High Risk Flood Zone

The area that you live in will be considered a high risk flood zone if it has a 1% or greater chance of flooding. These areas are labeled with letters that begin with A or V. If your home is located in a high risk flood area, it will have at least a 26% change of flooding over the length of a 30 year mortgage. This is why clients with a mortgage on a home located in one of these high risk areas are required to carry flood insurance to cover the building. Just as your mortgage company requires you to carry homeowners insurance, they also need you to carry flood insurance to protect your mutual interest. Your homeowners insurance policy will not have any coverage for flooding. Almost 75% of all flood losses are in areas that are high risk flood areas. It is important for you to protect one of the largest investments that you will make in your lifetime. Make sure that you are not overpaying by calling one of our experienced California flood insurance specialists today. Get your quote online today or call 530.923.2930 License 0G13612.