Moneyville

1. Yes.  But that by itself will not get the insurance to pay for the flood damage. Most property insurance does not cover flooding.
2. Yes.  Good answer.
3. Yes and No.  If you have flood insurance, it does not matter if you live in a flood zone or not. People in flood zones are usually required to have flood insurance.
4. Yes.  You have to have had the policy for at least 30 days.
5. Yes.  If you have basement insurance in your flood insurance, a basement is a location that you step up from to the ground level . If it is on ground level, it is not considered a basement.
6. No.  Hurricane damage is usually not covered by flood insurance.
7. No.  Usually the premiums for island or coastal areas can be up to 10x as much as regular flood zone insurance.

Randy's parents answered all the questions honestly and correctly. Within a few weeks, Randy's foster parents presented him with a check covering the water damage to his equipment. The insurance company had paid them back for everything that had been ruined in the storm. He and his band were excited!