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Top 3 Things Every Bellaire Homeowner Should Know About Flood Insurance  1. Many homes in Bellaire are now in the Special Flood Hazard Area (SFHA) flood zone AE. SFHA flood zone AE has a 1% or greater chance of flooding in any given year. 2. Lenders are required by law to verify that flood insurance is “in-force” on properties in a SFHA. Significant penalties are assessed to lenders if this coverage is not obtained. If the property owner does not obtain flood insurance, the lender will force-place insurance on the property. Force-placed flood insurance is almost always substantially higher than privately placed flood insurance.
3. If your property was not located in a SFHA and permitted prior to June 1, 2007, you can receive subsidized rates. These rates vary depending on the date your home was built. You are also not required to obtain an elevation certificate. Coverage and Premium Examples for homes built post FIRM and prior to being in a SFHA Most homes in Bellaire permitted between 06/28/1974 and 06/18/2007 qualify for this rating. | Building | Contents | Deductibles | Premium | | $250,000 | $100,000 | $5,000 | $890.00 | | $250,000 | $100,000 | $2,000 | $1,063.00 | | $250,000 | $25,000 | $5,000 | $716.00 | | $250,000 | $25,000 | $2,000 | $877.00 | | $100,000 | $25,000 | $5,000 | $517.00 | | $100,000 | $25,000 | $1,000 | $661.00 | |
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Flood Information 
