Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

35
Posts
8
Votes
William Murden
  • Virginia Beach, VA
8
Votes |
35
Posts

Portsmouth Va in flood zone

William Murden
  • Virginia Beach, VA
Posted

Okay, so I have my first property under contract. I have the inspection on Tuesday. I know it is in a flood zone for it has flood insurance.

The current flood insurance is about $150/month which totals $1800/year. I know this number will only go up over time. Unless the city does something drastically to change it. What are some of your experiences with a flood zone or flood insurance?? Is it worth the headache every time this area has a Nor'easter or a bad hurricane. Any advice is greatly appreciated. 

Loading replies...