NLIC.org

Cecil Said:

Should Congress allow the National Flood Insurance Program to charge market premium on all covered risks?

We Answered:

Yes, the government should not be in the insurance business.

This plan just lets people build where they should not and has no benefits.

Harry Said:

FLOOD INSURANCE PREFERRED RISK APPLICATION - WHERE TO FIND WITH THE APP. WITH THE CORRECT PREMIUMS/cOVERAGES?

We Answered:

Browse thro any insurance company's rates.

Jason Said:

Flood Insurance premiums are killing me. How can I get out of that?

We Answered:

If your home is in a FEMA-designated 100-year floodplain, federal law requires your lender to require flood insurance. The only ways to "get out of it" are:
1. Pay off your mortgage.
2. Move.
3. Have an Elevation Certificate prepared that shows that your house is elevated sufficiently to be above the 100-year flood elevation, then get a Letter of Map Amendment issued by FEMA.

Beverly Said:

I purchased my 1st home on June 29. I had to have flood insurance before I could close, we used state farm,?

We Answered:

It means that your mortgage company never paid your flood insurance for the full year when they received escrow from you. You need to call your mortgage company and tell them to pay asap or you'll get cancelled. You have at least 20 days from the date of that letter to actually pay it.