Has any one ever had do have a flood consequence assement done for their land?

Question

could you tell me the process and out come thank you

Answer 1

I know during the morgage process, they must know if you are in a flood zone.  Once determined, the morgage stipulation is flood insurance on your policy.  Then you shop for insurance and they ask if you need flood insurance to cover your mortgage.  Insurance company does an assessment of you property to see the amount of the loss if a 100 year flood takes place.  It ranges from assessments of sunken earth, house damage, foundation, other structures, erosion and many other details.  Based on the assessment, your policy will be modified accordingly.  Higher the risk, the more expensive your policy.