1208 W 17 Development, LLC Community Association, Inc.

Natural-hazard profile — Harris County

Overall county risk: Very High compared with other U.S. counties.

FEMA expects natural hazards to cost $2.2B per year across Harris County as a whole (buildings, people, and agriculture combined).

County-level ratings from FEMA's National Risk Index (Dec 2025 data) — relative to other U.S. counties, not specific to this building.

Flood claim history — ZIP 77008

Federal flood insurance has paid $74.2M across 1,678 claims in this ZIP code since 1979. The worst year was 2017 ($43.1M paid). 1 of those claims were on condo-association policies.

ZIP-level history for the whole ZIP code, not this building. Source: OpenFEMA NFIP claims (redacted, public domain).

What those hazards mean for insurance

• Separate policyFlood. Not covered by standard condo or homeowners policies — flood damage needs a separate NFIP or private flood policy (for both the association and your unit). FEMA FloodSmart
• Separate policyEarthquake. Typically excluded from standard policies — earthquake coverage is a separate policy or endorsement with its own (often percentage) deductible. Colorado DOI buyer’s guide
• Typically excludedEarth movement. Landslide and other earth movement are typically excluded from home policies — and usually not covered by earthquake policies either. Specialty coverage only. Oregon DFR
• Special deductibleHurricane. Wind is usually a covered peril, but hurricane or named-storm claims often carry a separate deductible expressed as a percentage of the insured value — 1% to as high as 15%. NAIC
• Special deductibleWind & hail. Usually covered, but many policies apply a separate wind/hail deductible — a flat amount or a percentage of the dwelling coverage. Virginia SCC guide

How policies typically treat these perils — not a coverage determination for this building. Check the association’s master policy and your own unit (HO-6) policy.

What condo owners pay — state average

• Texas average: $907/yr for a condo unit-owner (HO-6) policy — 59% above the U.S. average of $572 (2022, the latest state-by-state study). NAIC
• Flood is separate: standard condo policies don’t cover flood — NFIP flood policies in Texas average $985/yr across 572,495 policies in force (June 30, 2026). FEMA

Averages for the geography shown — not a quote for this building. Actual premiums vary by insured value, deductibles, construction, and insurer.

The insurance market in Texas

• If the private market says no: TWIA + Texas FAIR Plan — TWIA writes wind & hail only in the 14 first-tier coastal counties and parts of Harris County; the Texas FAIR Plan writes basic home coverage statewide after two declinations.
• Storm deductibles: Standard policies cover windstorm and hail except on the Gulf Coast, where separate windstorm coverage is needed; deductibles may be a percentage of the insured amount (e.g., 5%). Texas Dept. of Insurance

State-level market facts verified against the linked official sources (July 2026) — not a quote or availability determination for this building. Consumer help: Texas Department of Insurance.