I have to admit, that I try to save money just like the next person so I thought that if I don't live in a flood prone area why should I buy flood insurance. After looking at the flood insurance rate maps I realized that the flood insurance really wouldn't cost that much, but did I need it was my big question.
That was right around the time that hurricane Katrina hit New Orleans. I saw all of the destruction of the houses there and especially the ones that should never have flooded and that changed my mind. I am sure that those people in New Orleans never expected to be flooded out so many of them probably didn't have flood insurance and lost everything as a result.
So, in a nutshell, flood insurance is a wise investment, if for nothing else you will have the piece of mind that you have the protection should a catastrophic storm hit your area quite unexpectedly. Your homeowners insurance provider should be able to give you a quote for a rate and get you a policy, or at least help you get one.
