Typical flood insurance rates depend on the level of flood risk. High-risk areas can see an average annual cost of $1,1167. Low to moderate-risk areas can expect an average fee of $630. Remember that the state you live in will also determine the cost of flood insurance. You can use the flood zone map to help you figure out how much you will pay.
Sometimes having too much information can be confusing. That is why it's essential to speak with an insurance agent to help you through the flood insurance process. At Holt Flood Insurance, we are here to assist our new and long-standing clients with all their insurance questions. We can also help them better understand the flood zone map. And if we can't provide an answer right away, we will find out and get back to them as soon as possible.
What are some typical flood insurance rates per state? And which state pays the most? According to FEMA, the most expensive state for flood insurance is Vermont at $1,662 annual. Believe it or not, Florida has the cheapest insurance rates at $628 annually. Virginia pays $807 annually, and West Virginia pays $1,335 annually.
For more information on typical flood insurance rates, visit our website or give us a call at (540)809-1415. We will answer any questions you may have. Contact Holt Flood Insurance today.
We contacted Mr. Holt for an estimate via email over the weekend prior to a closing on a property, hoping for a response on the following Monday to take with us with confidence in being insured at the settlement table on a Tuesday. He exceeded our expectations not once but in readily responding to the initial request and then to follow-up questions all during the weekend frenzy that occurs before closing. "Impressive and responsive customer service," for sure! Ken Reuwer I have no problem giving you an A1 reference for taking care of the flood policies for me and Diane. I appreciate you working with the mortgage company: the surveyor and our previous agent. The result was a 75% reduction in our flood insurance premiums! Mike Edwards I have known Tim for many years and he is a man with great integrity, work ethic and one of the nicest persons I know. Over the years Tim has provided insurance counseling and advice to our company, for myself personally, as well as to our clients. Recently Tim, took time to analyze our flood insurance policy and he was able to make some excellent recommendations. Our flood insurance costs are now less and we have much better coverage. I recommend Tim to anyone without hesitation or reservation. Edward Semambya, CPA
