Short Answer
While lenders require flood insurance for financed properties, cash buyers are not legally required to carry it. However, given the Keys' high flood risk, flood insurance is strongly recommended even for cash buyers to protect their investment.
While lenders require flood insurance for financed properties, cash buyers are not legally required to carry it. However, given the Keys' high flood risk, flood insurance is strongly recommended even for cash buyers to protect their investment.
If you have a specific situation or property in mind, I encourage you to reach out directly. Every real estate transaction in the Florida Keys has unique factors, and a conversation is the best way to get the precise guidance you need. My team and I are here to help you navigate the process with confidence.
Text me at (305) 393-5859 or send a message through the contact page and I will get back to you personally.
Steve's Advice
Steve Conley
Principal, Conley Sales Group at COMPASS
Technically no -- flood insurance is only required by lenders. But I strongly recommend it regardless. Every Keys home is in a flood zone and the risk is real. I have seen owners without flood coverage lose everything after a storm. Protect your investment.
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