Flood Insurance And The LBI NJ Real Estate Market

Dated: 12/30/2016

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Flood Insurance and the LBI NJ Real Estate Market

Protecting your Long Beach Island real estate investment with flood insurance
Protecting your Long Beach Island real estate investment with flood insurance

 

 

LBI NJ Real Estate

Just a few inches of flood water from a storm or even a high tide can cause thousands of dollars worth of damage to your home. The good news is flood insurance provides adequate protection against this unexpected cost, and for the majority of homes on Long Beach Island, is very affordable. Different types of flood insurance are available to homeowners, tenets, and the owners of condos, as well as an entire condominium complex. The cost of flood insurance will depend on the unique characteristics of a home, but generally is determined by the elevation above sea level and the compliance with current building regulations. Protecting your Long Beach Island real estate investment with flood insurance is not only recommended, but required for homeowners who carry a mortgage.

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