Flood insurance can be surprisingly affordable but it all depends on where you live. The average coverage for $350,000 in a low risk area is $400, low to moderate risk is $1,800, high risk is about $3,300.
Still only 13% of people in Michigan homeowners don't have insurance, despite the high cost of minor flooding. To get one inch of water extract out of your home in Macomb, its $20,000 for the work so flooding will cost you.
