Here's what my flood insurance costs.

[trof]

I've seen a lot of posts about the cost of flood insurance, so here's what I pay.
My policy is issued under the National Flood Insurance Program (NFIP)
https://en.wikipedia.org/wiki/National_Flood_Insurance_Program

$567 annual premium
Building coverage amount: $250,000
Contents: $84,500.
$1,250 deductible on each.

I live on the edge of a designated flood plain (waterfront property) and have a mortgage, so I'm required to carry the insurance.
I would keep it even if I wasn't required to.
This property has never flooded, to my knowledge.
The closest we came was Hurricane Ivan in 2004. Water came to within about 10 yards of the house.

[Phoenix61]

1. Mine is about the same.

I'm not required to have it. Not really sure why as I'm a little less than two blocks from the bayou. Just seems like a no brainier to me.

[Lee-Lee]

2. I almost bought a home that would have been $350 a month!

Because while it had never flooded it was classified in the "floodway", the highest risk rating.

Today it wouldn't even be legal to build the home there, and in fact if it is ever damage beyond 50% of the value it can't be repaired and must be leveled.

[BigmanPigman]

3. I live in a desert region and mine is $500 a year with a $500 deduct.

I live in San Diego, CA and since my apt (500 Sq foot condo) is downstairs and at the end of a row of connected condos every leak from anyone above on the second floor or above me on a slope comes down to me (gravity). I have a flood, either from a weather related leak or man made leak in another unit, about every 3 years for 30 years since their water comes down to me. My insurance has doubled twice.

[RKP5637]

4. Mine is about the same. I don't have to have it, but I still get it. Too close to water. n/t