Flood insurance When and why??

From one of my Insurance Partners Jan with Allstate: Flood Insurance and Me. • 28 percent of all flood claims paid by NFIP are outside of Special Flood Hazard Areas? • There is a 26% chance of experiencing a flood during the life of a 30 year mortgage compared to only a 4% chance of fire. • Federal disaster assistance is usually a loan that must be paid back with interest. For a $50,000 loan at 4% interest, your monthly payment would be around $240 a month ($2,880 a year) for 30 years. Compare that to a $100,000 flood insurance premium, which is about $400 a year ($33 a month). Don’t put the biggest asset you own at risk for pennies a day!!!!!