I agree with the above. I have carried Flood Insurance on my residence for more than 10 years, even though I do not live in a flood prone area. The main reason is that flood insurance covers not only damage from floods, but also from ground water entering your home. And the annual cost is amazingly cheap. It is a no-brainer in my opinion.
Music Room and Floods
I am in the process of buying a new house that will have a dedicated music room in a look out basement. This house is 14 years old and the basement is finished. the music room is 21x16. This is not in a flood area and has never had any water seepage or other issues. It has a sump pump if needed. I was surprised to find out that in the case of a flooded basement there is not much coverage for my audio system. Anyone have this issue, any ideas. I will get the sump pump checked, have a battery backup installed but would appreciate anyone elses thoughts or experience.