![]() ![]() This is a positive bonus to buying a home in a AE flood zone. Where as properties that are mapped into higher risk flood zone know the real risk and should get flood coverage. Flood maps are hard to keep up on as areas develop and many maps are more than 50 years old so people in these supposed lower risk flood zone may not know their true risk. Properties that are in a moderate risk flood zone or what is called “Flood zone X” will have a choice if they want the coverage. Most lenders will require homeowners in higher-risk flood zones (flood zone AE) to purchase flood insurance coverage before they approve the loan-so make sure you check with your lender before committing to any purchases. I would like to offer a different perspective. Should I Avoid Buying a Home in Flood Zone AE? In general, buying any home or property comes with unique risks, and although some may feel that it’s not recommended to buy a home in an area with a higher risk of flooding-especially if you don’t plan to purchase flood insurance. The Federal Emergency Management Agency (FEMA) identifies these areas with detailed maps available online for anyone to view. In other words, this property has an increased chance of flooding due to its proximity to bodies of water or its in low-lying areas. What Does Flood Zone AE Mean? The letters AE stand for “Area of Special Flood Hazard” and indicate that a property is in a higher-risk flood zone. If you’ve been house hunting recently, you might have come across the term “Flood Zone AE.” But what does that mean? Lets look at flood zone AE and why it matters when buying a new home. It’s not just about finding a neighborhood you want to live in-it’s also about making sure that your home is located in an area safe from crime, are the local schools clean and safe, is the home prone to wild fires or other natural disasters such as floods. ![]() Get a AE flood zone quote Flood Zones: What You Need to Know Before Buying a Home When it comes to buying a new home, the location is one of the most important factors. ![]()
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