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Flood Insurance On Long Beach Island
Flood Insurance on Long Beach Island
LBI Flood Insurance Overview
The real estate market on Long Beach Island has seen some strong activity and an increase in both the number of homes sold and the average sales price. Part of the reason for the recent improvement in the LBI real estate market as to do with a better understanding of flood insurance. In the immediate aftermath of Hurricane Sandy, there was widespread concern that flood insurance would price out the market for homes on Long Beach Island. This is not all the case. Therefore, for those looking to buy a home on Long Beach Island, a quick LBI flood insurance overview can be very helpful.