Скачать или смотреть In the know with Patrick - What is 100-year flood plain?

The crew is back and this time, Patrick hit you with the answer to your burning question: "What is 100-year flood plain".
Living in Houston you know how damaging floods can be, but what does a 100-year flood plain really means? Especially in real estate.
Well a 100-year floodplain means you have a 1% chance of flooding in any given year. 100-year floodplains are considered high risk flood zones, thus, if you purchase a home located in a 100-year flood plain using a federally backed loan, you are required to carry flood insurance.
Also, it’s important to note, just because you are out of a 100-year flood plain does not mean you will not flood. With enough rain, anything will flood, so we are really all in a flood zone of some sort.
So we highly recommend you to get Flood Insurance WHEREVER YOU ARE just to stay on the safe side!
If you have more questions regard flood plains or any other aspects let us know below in the comment section!
See you next time guys.