Meeting planned to discuss ways to reduce cost of flood insurance
Real estate agent Lisa Crowder, who lives in the Medlock Park community, is hosting a meeting for homeowners looking to reduce the costs of flood insurance.
“Some of the homes in this area are becoming hard to sell because the flood insurance premiums are so high and I’ve brought together a panel of experts to try to give homeowners specifics about what they can do to lower their premiums,” Crowder said.
She said home owners are paying as much as $3,000 per year for flood insurance. She said information about flood insurance can also be hard to find.
Her event announcement says, “Most insurance agents just don’t have the training necessary to provide you with the information you need and figuring it out from online sources is nearly impossible!”
Crowder has assembled a panel of experts who will be speaking at a meeting on Sunday, Sept. 11, from 2 p.m. to 4 p.m. It will be held at the International Community School, 2418 Wood Trail Lane, Decatur, GA 30033. The event is free to attend, but she’s asking people to RSVP to get an accurate head count. To RSVP, click here.
“These professionals will provide you with details about concrete actions you may be able to take to lower your flood insurance premiums,” the event announcement says. “Of course, not every property owner will be able to reduce their flood insurance premiums, but it’s worth finding out the actions you can take to determine whether or not you are able to get a better rate.
“For example, I recently had a listing on the floodplain in Medlock. The homeowners’ annual premium was around $3,000. After working with these experts, it was lowered to around $600 a year! There were some costs involved (about $1,000), but the savings more than paid for them and those savings will continue from year to year.”