What Factors Will Affect Your Premium?

The price you will pay for flood insurance will depend mainly on the following factors:

  • Flood risk zone where your building is located

  • Occupancy Type (one family house, two family house, three-four family house, single-family condo unit) Use (residential vs. commercial)

  • Residence (primary residence vs. secondary home)

  • Foundations (slab on grade, basement, crawlspace, elevated, etc.)