Flood insurance is required for any federally backed mortgage in a special flood hazard area.

Because of drainage improvements funded through the Miami-Dade Stormwater Utility, and other enhancements to the community services provided by Miami-Dade County, effective October 1, 2003 a 25% discount is included in the rate to those residents in unincorporated Miami-Dade who are in a flood zone and purchase flood insurance policies. A 10% discount is also available for those outside of flood zones, with the exception of Preferred Risk policies.

 The amounts of flood insurance that are available through the National Flood Insurance Program as of March 1, 1995 are as follows:

Please note that when purchasing flood insurance, the policy is not in effect until 30 days after purchase.