Question

 Does a person need flood insurance?

Answer According to the National Flood Insurance Program, homes and businesses located in high risk flood areas with federally regulated mortgages are mandated to have flood insurance. Although not requir... Read More »
http://www.answerbag.com/q_view/2028215

Top Q&A For: Does a person need flood insurance

Are lenders requiring flood insurance in flood zones?

On One Hand: Insurance is NecessaryAccording to the United States Department of the Treasury, banks have to require you to purchase flood insurance before giving you a mortgage if the property is o... Read More »
http://www.answerbag.com/q_view/2065985

IF my upstairs condo is untouched by a flood but the building's ground floor is damaged so badly that the entire building is unlivable would my flood insurance protect me?

Let's first review what a condo is. A condominium is an arrangement in which you own your own living space outright (your condo apartment), and you share joint ownership (with all the other condo o... Read More »
http://wiki.answers.com/Q/IF_my_upstairs_condo_is_untouched_by_a_flood_but_the_building...

Do you need to have flood insurance in a flood zone?

Not if you don't have a mortgage.But if you have a standard mortgage, one of the conditions of that mortgage, is that you carry both hazard and flood insurance, if the property is located in a high... Read More »
http://answers.yahoo.com//question/index?qid=20101105053747AAcplTF

If a car has only storage insurance on it and someone else drives it can the person who has the insurance policy be held responsible and will it affect that person's insurance?

Answer I'm assuming that "someone else" had an accident while driving this un-insured car, and that person should be held responsibility. However, if they have no assets, responsibility will fall o... Read More »
http://wiki.answers.com/Q/If_a_car_has_only_storage_insurance_on_it_and_someone_else_dr...


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