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Subject: Fema for condos in Mass.
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HowardK


Posts:6


12/20/2017 10:29 AM  
A friend of mine lives in a large condo complex in the Shore Shore of Boston. There is no flood insurance now, though it is close to a body of water. If FEMA re-rates this area, how does a condo owner buy Flood insurance? Thank you
RichardP13
(California)

Posts:3054


12/20/2017 10:39 AM  
You can only purchase flood insurance through an insurance agent; you cannot buy it directly from the National Flood Insurance Program (NFIP). If your insurance agent does not sell flood insurance, you can: Contact the NFIP Referral Call Center at (888) 379-9531 to request an agent referral.
SheliaH
(Indiana)

Posts:2281


12/20/2017 10:40 AM  
I would think your friend would start by contacting his/her current homeowner's insurance company. You might also check the FEMA website to see if it has information on flood insurance - I tried it a moment ago and there is information on coverage for individual homeowners as well as condo associations. Go to www.fema.gov and see for yourself or Google flood insurance for condos and see what comes up.
HowardK


Posts:6


12/20/2017 10:43 AM  
Much thanks)
HowardK


Posts:6


12/20/2017 10:44 AM  
Thank you so much.
MelissaP1
(Alabama)

Posts:7663


12/20/2017 4:09 PM  
Our state we can't buy flood insurance unless it's determined you are in a flood zone. I believe then it is mandatory to carry it. We have a neighborhood here that once it was the area was built up around it, does not flood. However, they must keep carrying the insurance. They are now in a battle with the City to get them to determine the area no longer in a flood zone.

We had a couple of homes in our HOA that routinely flooded. However, we were not considered a "flood zone" so we were not required to carry the insurance. The owner's wanted to purchase it but was not able since not listed in a flood area. Finally after a severe flood situation where their homes flooded about 2- 4 feet deep, they were included in flood variance. The rest of the HOA was not.

So before go shopping for flood insurance do your due diligence to make sure it's required or necessary. Flood insurance can be extremely expensive.

Former HOA President
TimB4
(Virginia)

Posts:15999


12/20/2017 5:06 PM  
Here is a FAQ page on flood insurance from FEMA

https://www.fema.gov/national-flood-insurance-program/How-Buy-Flood-Insurance
GenoS
(Florida)

Posts:2430


12/22/2017 9:29 PM  
My home is inland a few miles and not in a flood zone. Flood insurance is available through FEMA (via an agent) and it's not expensive. It's probably a good deal more expensive if you're in a flood zone. FEMA hasn't updated their maps, in some areas, in over 20 years and that's a problem since a couple of decades of development can have a big impact on where floods occur.
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