Will Your Lender Accept Private Flood Insurance?

Accept private flood insurance. Small model house with open hands.

Flood insurance is an essential safeguard for homeowners, especially those living in flood-prone areas. If you have a mortgage on a property located in a high-risk flood zone, your lender will likely require you to have flood insurance. While the National Flood Insurance Program (NFIP) is the most commonly recognized option, private flood insurance has […]