I have always had to pay for the year for my flood insurance. I am not in any flood zone but have had flood insurance for 10 years. I have had to use it once for rising water from the parking lot behind my home so it has paid for it self already. I won't go with out it.
Also saw an article on weatherbug today that says the first 100 of the owners in the SF lawsuit have been paid this week and that all should be paid by the end of next week, including Senator Lott. Also, and I don't have time to read all of it, it appears that they may reopen some claims for those that were not part of the original suit.
Breaking News; State Farm settles!
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