Watch out for Flood Insurance Premiums!

If you are working with a customer that is purchasing a home in a flood zone BE CAREFUL!!!  I am absolutely in shock at the cost of a flood insurance policy today compared with a year or two ago.  We are currently working with a client that has just been quoted over $6000 for their flood insurance policy.  The current owners have been paying less than $1000 per year.  This is going to have a huge impact on homes in a flood zone.

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