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<blockquote data-quote="johnr" data-source="post: 420497" data-attributes="member: 395"><p>Flood insurance is about the most expensive non health related insurance in the market. No one/very few carry it unless forced to by your lender, and that is typically because you live in a flood plain. </p><p></p><p>The reason your typical home owners insurance doesn't cover this, is to keep the rates lower, as one will rarely have a flood event, and I don't want to have to pay triple for all the rest of the home owners to be covered that do have flood issues. Kind of like car insurance, us high credit, low incident folks shouldn't have to pay triple to cover for the shit drivers.</p></blockquote><p></p>
[QUOTE="johnr, post: 420497, member: 395"] Flood insurance is about the most expensive non health related insurance in the market. No one/very few carry it unless forced to by your lender, and that is typically because you live in a flood plain. The reason your typical home owners insurance doesn't cover this, is to keep the rates lower, as one will rarely have a flood event, and I don't want to have to pay triple for all the rest of the home owners to be covered that do have flood issues. Kind of like car insurance, us high credit, low incident folks shouldn't have to pay triple to cover for the shit drivers. [/QUOTE]
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