Many property owners often have misconceptions about flood insurance, such as whether they can get it, when they can buy it, and how much it costs.
Here are some of the most common myths and facts about flood insurance and the National Flood Insurance Program (NFIP):
Myth: You can’t buy flood insurance if you live in a high-risk flood area.
Fact: You can buy federal flood insurance no matter where you live if your community participates in the NFIP.