You only need to have flood insurance if you have a mortgage. Our home is in a floodplain, but the prior owner was the first owner, and build the home himself.

You only need to have flood insurance if you have a mortgage. Our home is in a floodplain, but the prior owner was the first owner, and build the home himself. When we bought the home, we had to petition FEMA to remove the home from the flood plain.