So how do these changes affect you?

All new flood data published by FEMA is GIS (geographic information system) based. This electronic format makes it easy for lenders to identify properties affected by flood plain changes. Because of this, you may be contacted by your lender. It is important to note that a GIS query to identify affected individuals is based on parcel data only. Since flood insurance covers structures and not land, a property may be incorrectly identified as requiring insurance.

If you are one of those individuals whose property or house has been removed from the flood zone, this is probably good news. Unless you filed a flood insurance claim in the past, you are likely no longer required to carry flood insurance. Even if your lender still requires it, your rates should be a low hazard (reduced) rate.

If your property has been moved into a flood zone, you may still not have to carry flood insurance. The house on your property may not be in the flood zone, or inaccuracies in mapping may not properly show actual extents,

Of course there are those cases where a house has been included in a flood zone, and cannot be removed. Insurance rates may still be lowered by obtaining an Elevation Certificate. This certificate is used to establish the lowest adjacent ground elevation, and/or lowest floor elevation. An elevation certificate must be prepared by a licensed engineer or land surveyor.

Regardless of the situation, this office may be of some help. Feel free to call or email with any questions you may have.

Show All Answers

1. What happened in Taunton?
2. What are Flood Maps?
3. So how do these changes affect you?