Do I need flood insurance to get a mortgage? Yes, you will need to have flood insurance. If the property that you are purchasing is in a flood zone that requires flood insurance, your lender’s required by the federal government to make you have flood insurance on the property. If they have a mortgage and it’s a federally insured lender. Flood insurances, the flood zones are determined by FEMA and the U S Corps of army engineers. And not all property is in a flood zone that requires flood insurance, flood insurance is available in this area and that this community participates the national flood insurance program. The surveyor your insurance agent should be able to tell you whether or not the property is in a flood zone that requires flood insurance. Then a survey role also, would determine the finished floor elevation of the property and compare that with what the requirements are or what the flood elevation is for a hundred year flood plain. And depending on how high your property is, will determine what your flood insurance rate is. If you have any other questions about flood insurance, you can give me a call at (727) 847-2288.