How do Houston residents cope with the flooding issue. Is it expensive??

[TallGreengrass]

Originally Posted by madrone2k

The people I know whose homes flooded live near streams ("bayous") that are major drainage arteries. The ones whose homes didn't flood live away from such streams. So ... I think that one can mitigate the risk by researching before buying a place. If you look at maps of areas inundated previously, you can see that the affected areas tend to parallel the streams. In my case, I am not affected much because I live in a high-rise, which also happens to be in a neighborhood that is not affected too much. The street by me does fill with water at times, but it drains rapidly ... such that driving in or out is only affected for a very short time. The main thing that does bug me is power outages, but that problem seems to have been solved by pruning a neighbor's tree that would touch our power lines.

Why do you call it streams and write it as “bayou”? We are the Bayou City.

[Dopo]

Originally Posted by swopoe

I am from MD too, so welcome! Flood insurance will cost you $450 a year. So very cheap. Get it because you just never know. Sugar Land is a great place to live. You should be fine.

Does anybody know how much it is for flood insurance now?

[gwarnecke]

Flood insurance rates now depend not only on your property's location/flood risk, but also on its size/replacement cost.

We carry flood insurance on two houses, one about 4000 sq ft and one about 4500 sq ft, neither in any flood plain but with RiskFactor ratings of 4/10 and 3/10. Insurance on each home is around $1000/year.

[Dopo]

Originally Posted by gwarnecke

Flood insurance rates now depend not only on your property's location/flood risk, but also on its size/replacement cost.

We carry flood insurance on two houses, one about 4000 sq ft and one about 4500 sq ft, neither in any flood plain but with RiskFactor ratings of 4/10 and 3/10. Insurance on each home is around $1000/year.

Thanks,
not worthy for me ... there's only one way my house would flood and if that were to happen, it would affect all of my 8 neighbors and I'm sure all of us would be out there with a shovel making sure the water goes to the retention pond the way it's supposed to be.
And we all live on the high side of that retention pond.

[kreeyax]

Originally Posted by Dopo

Does anybody know how much it is for flood insurance now?

I just renewed mine and it was $791, but I'm guessing I'm under the 18% annual increase cap since I've had coverage for 10+ years.