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Insurance

Should I buy flood insurance?

Quick Answer

Yes if you're in a FEMA-designated high-risk zone (your lender will require it). Strongly consider it elsewhere - over 25% of NFIP claims come from low/moderate-risk zones, and a single inch of water causes about $25,000 in damage.

Cost of flood damage by water depth in a 1000 sq ft home.
Warren Team
Updated April 26, 2026
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Important Disclaimer:

The information provided is for educational purposes only and should not be considered as personalized financial advice. Warren is a registered investment advisor. Past performance does not guarantee future results. Please consult with a qualified financial advisor before making investment decisions.

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