Posted on 04/30/2011 4:39:10 PM PDT by TnGOP
I would think anyone with home insurance (or a mortgage) should know it if they live in a 100-year flood plain.
I am in shelby county....YAWN. i am not scared...people here are acting like it is the end of the world.
My first real job was at Memphis Compress and Storage on Florida st. It was in the 100 year flood area. I was always more worried about being shot going to my car than being washed away by flood water.
Be safe all in Shelby County and all along the Mississippi...
I live in Corinth, Supercell tornadoes confirmed on radar missed my house by 2, 2, 4, 6, and 8 miles on Wednesday. One went right over my business. We were lucky. I feel for the folks in Smithville, Cullman, Hamilton, Madison County, Tuscaloosa, and Birmingham as well as those in Georgia. It just wasn't our time. I hope to not experience what those folks went through. I hope I don't experience another day like Wednesday.
You know if you have discussed your flood insurance with your agent recently. That’s how they decide your rate according to the 100 yr flood plan. At least that is how I understood it.
Praying for them
More on the way, some severe. We'll keep our eyes on the radar. You folks north and east of us.......WATCH OUT. It's headed your way!
FEMA determines whether you are in a flood plain. My 46 year old home was determined to be in a 100 year flood plain all of a sudden in 2007. This means that they feel that my home has a 1% chance of flooding within 100 years. So, they consider me high risk, and my lender “requires” that I carry flood insurance. Since I am considered high risk, my flood insurance is extremely expensive and is determined by the National Flood Insurance Program. I am miles away from any creek, river, lake, etc. Funny thing, my next door neighbor is not considered in a flood plain..... I understand the importance of determining flood plains, but I have even had a surveyor out to my property (had to pay money for this too) who stated how unlikely it would be for flooding to occur there, and that he was quite amazed by the determination. Anyway, didn’t mean to rant, but there is not a hint of water anywhere near me, and I don’t expect to see any. If my area does flood, all of east Memphis will be under water. If I am wrong, I’ve got flood insurance!
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