posted on Oct, 7 2013 @ 01:47 PM
reply to post by Asktheanimals
No, unfortunately, it is not that easy. ATS member, JackKatMtn, was able to point me toward the form but now I need to have an elevation survey done.
It is annoying for me since I am currently renting that home while residing in the twin cities for a while.
When the policy was first put in place years ago, the agency didn't even need to sell me the FEMA flood insurance but slowly, and surely they have
required more of my $ to keep my 125yr old house insured. It is located right along the Northern/Westward bank of the Skagit River in Mt Vernon and
is actually on a 500yr flood plain, one of only a few homes in the area that are, the rest are on the 100yr grid.
About 4 years ago they made me get the flood insurance on it as a mandatory item and now, my paying almost 1/2 extra per year with regard to my
current home policy isn't good enough. I haven't paid in enough to cover the rest of their losses in the country and now I need to comply or not be
able to keep my mortgage lender happy. It is such a racket, just like when I refi'd a few years back and the appraiser stood in my driveway and
could tell the value without walking around or in the structure which actually lead me to finding a different lender for the refi after the
"American" bank I was using told me that he was a professional and we should trust him. He never even saw the large outbuildings (40' x 40'
winterized workshop) and a 15' x 20' potting shed/greenhouse. I am taxed on them so I know they factor into the value somehow.
Anyhow, I do not mean to derail his thread and I have the form I need. Thank you all for your input!