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What are my odds of flooding within a 100-year floodplain?

April 26, 2017flooding floodplain odds

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What are my odds of flooding within a 100-year floodplain?

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If your home is in the 100-year floodplain, it has a 26% chance of getting flooded over a 30-year mortgage period, which is about five times higher than the risk for a severe fire! Your risk of flooding will increase if your home is located in a lower-lying area of the 100-year floodplain. People outside of the 100-year floodplain are not free of risk. Federally-backed flood insurance is available to people outside of the 100-year flood zone as well.