![]() ![]() You can either buy a policy from the National Flood Insurance Program (NFIP) or get one through a private insurance company like Kin.Ĭoverage from the NFIP is limited to $250,000 for your home and $100,000 for your belongings. ![]() Homeowners in Flood Zone X who want flood insurance have two choices. That’s $252 less than the NFIP’s average premium of $427 in Zone X. How much does flood insurance cost in Flood Zone X?īecause Flood Zone X is relatively low risk, our rates start as low as $175 a year. That alone may make flood insurance a smart investment. According to FEMA, one inch of water can lead to nearly $27,000 worth of property damage. The extra premium may be worth it during exceptionally rainy years.Īreas that typically don’t see frequently flooding can, over time, develop drainage issues that lead to pooling near homes. This zone’s minimal flood risk is low, so coverage is considerably less expensive than other zones. That said, you may still want to investigate your risk and consider getting a quote. ![]() Are homes in Flood Zone X required to have flood insurance?įlood Zone X is not a Special Flood Hazard Area like Flood Zone A or AE, so homeowners with a federally back mortgage aren’t required to get flood insurance. If you’d like to double check your flood zone and BFE, you can search your address via FEMA’s Flood Map Service Center. However, FEMA has not set a BFE for either the shaded or the unshaded Flood Zone X because the area is considered outside of the flood risk region. In other words, water is expected to rise to the BFE if there is a flood. The base flood elevation (BFE) is the height of a flood would most likely reach based on historical data and geographic details. When Zone X is unshaded, the risk for flood is less than 0.2 % and is protected from 100-year flood by a levee. Flood Zone X (shaded) indicates an area where the annual flood risk is between 1% and 0.2%. FEMA has two designations for Flood Zone X, one shaded and the other unshaded. ![]()
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