How much flood insurance can I purchase and what are the yearly premiums?
The maximum flood insurance you can purchase for your property is $250,000. Insurance costs vary between
$300 and $1,800 annually and are dependent upon a variety of factors; i.e., deductible, location, occupancy,
type and age of structure(s). You may find it advantageous to purchase flood insurance 30 days prior to the
date of a the new DFIRM takes effect. The DFIRM may become final as early as September 2006. Flood
insurance for some properties may triple after the proposed maps are adopted. In some cases, purchasing
insurance before the new maps are adopted may lock in lower rates.