New Flood Insurance Rate Maps for Hampden County become effective on July 16, 2013
Massachusetts USA – The Federal Emergency Management Agency (FEMA) has been working with county and municipal governments over the last several years to incorporate the best available data into new flood maps.
These updated maps are more precise than older maps because better flood hazard and risk data has been incorporated, and the latest science has been used to make them more accurate. Flood risks change over time due to construction, development, environmental changes, floodplain widening or shifting, and other factors. These changes send water flowing in new directions, creating flood risks that didn’t exist previously—precisely why flood maps must be updated periodically.
By law, federally regulated or insured mortgage lenders require flood insurance on properties that are located in areas at high risk of flooding. Even people living in lower risk areas can experience flooding, which is the most common and costly natural disaster in the U.S. In fact, about 25 percent of flood insurance claims occur in lower risk flood zones.
Regardless of flood zone, everyone should take steps to financially protect themselves from a flood disaster which affects far too many communities each year. The primary way to do this is by purchasing flood insurance. Since standard homeowner’s, business owner’s, and renter’s insurance doesn’t cover flood damage, flood insurance is an important consideration for everyone.
Second Look Flood, an experienced Flood Determination Company, offers the newest FEMA maps and tools to help homebuyers and homeowners more accurately determine their flood risk. Second Look Flood goes far beyond traditional automated mapping programs of banks, lenders and insurance companies, which only approximate a property’s location.
Flood insurance is available through the National Flood Insurance Program, a voluntary program administered by the FEMA. You can purchase flood insurance policies from state-licensed property and casualty insurance agents who you deal with for other property insurance needs, or visit www.floodsmart.gov to locate an agent.
New flood maps and preliminary data provides the public an early look at their home or community’s flood risk. “FEMA is in the process of updating Flood Maps in every state,” says Bryan Baumann, senior mapping analyst. “Each year, thousands of homeowners that are wrongly placed in the high-risk flood zone, and those that should be there might not have adequate coverage when a flood does occur. Everyone should know about these updates.”
At Second Look Flood, well-trained mapping analysts manually research each property using multiple resources. An aerial overlay is constructed showing the property on the newest FEMA flood plain map. Amendments are also identified, such as a Letter of Map Amendments (LOMA) – which are often missed by automated systems. “Every homebuyer and homeowner deserves the peace of mind of a well-trained mapping professional working on their behalf,” Baumann adds.
About Second Look Flood
Second Look Flood is a leading flood determination company located in St. Cloud, MN. The company offers the newest FEMA Flood Maps, Flood Risk Reports with an aerial overlay and Flood Determinations Nationwide. FEMA is in the process of updating Flood Maps in every state. For more information, FAQs, flood facts and more, visit www.secondlookflood.com. For questions, call Second look Flood at (320) 224-4180