MYTH: Only residents of high-risk flood zones need to insure their property.
FACT: Even if you live in an area that is not flood-prone, it is advisable to have flood insurance. Anyone can be financially vulnerable to floods. People outside of high-risk areas file more than 25 percent of National Flood Insurance Program claims. The National Flood Insurance Program’s preferred-risk policies are designed for residential properties located in low- to moderate-risk flood zones.
More Myths and Facts about Flood Insurance in this fact sheet.