FLOOD INSURANCE

Q: Will my mortgage company pay my flood policy?

A: If you are in a non preferred flood zone such as A, AE, V, A10 etc then if you have a mortgage with an escrow account built in then normally your mortgage company will pay for this required coverage. If your property is located in the preferred zones of B,C,X and your mortgage company does not require this coverage than normally this would have to be paid by the property owner in full at the time of renewal.