Understanding Flood Insurance On LBI

Dated: 09/13/2013

Views: 1753

Understanding Flood Insurance in the Long Beach Island NJ Real Estate Market

Now that Hurricane Sandy has passed, there are a lot of questions about flood insurance on Long Beach Island NJ. On the minds of most buyers and sellers are the key issues associated with flood insurance such as:
  • Flood insurance rates
  • Flood zones
  • House raising on Long Beach Island

The good news is, by no means does every house on Long Beach Island need to be raised. Flood insurance rates on LBI are now based on the actual elevation of the property and the good news is rates are far more affordable than most people think. Most of the homes on Long Beach Island are only about 1-2 feet below sea level at worst and the flood insurance will be affordable. To learn more about understanding flood insurance on LBI visit the link below:
https://www.jerseyshoremls.net/njs/maildoc/scolmena_1379109382-Sep-13-2013-5_56_22pm.html

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