Flood plain insurance rates vary depending on the level of risk for your area. Those who live in higher-risk areas will pay less than those who have a moderate to low risk. Homeowners looking at homes in an area classified as high-risk must purchase flood insurance before getting a mortgage.
Understanding flood insurance can be complicated. With other companies offering different rates, choosing the right one can be challenging, and this is where Holt Flood Insurance can help. We have served thousands of customers over the past 30 years, so there is no question or problem that we couldn't solve. We can help you understand what flood insurance covers, why you're paying the rates you are, and more. And if you're not happy with the price you're currently paying, we can take a look and see if we can make any changes.
There are ways for you to lower your flood plain insurance rates. Such as installing flood openings, filling in basements, elevating electrical panels and other utilities, relocating your property, elevating your home, and encouraging your community to participate in a community rating system (CRS). Communities involved in a CRS may receive discounted rates from the National Flood Insurance Program (NFIP).
For more information on flood plain insurance rates or how Holt Flood Insurance can help you visit our website or give us a call at 1(540)809-1415. We will answer any questions you may have. Contact Holt Flood Insurance today.