New FEMA Flood Maps Coming in 2013
Posted by Mike Gagliardi on
News FEMA Flood Maps In 2013 affects Daytona Beach and Port Orange Homeowners.
New FEMA FLOOD MAPS could affect residents and business owners in Volusia County.
The changes in the new flood maps issued by FEMA affects the amount you pay to you insurance company for flood insurance.
Sometimes the new flood maps can result in a lower premium!
If a map changes from low or moderate flood zones ( Zones B, C, or X) to a high flood risk zone ( A, AE, AR, A99, AH or AO) then flood insurance is federally mandatory for most homewowners who are mortgage holders.
The National Flood Insurance Program is offering some relief to those homeowners who are required to purchase flood insurance and who are changing from a high risk area from a moderate to low risk area. Those…
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