How To Find Your Home On FEMA’s Flood Insurance Rate Maps
Flooding Map: Is it Important? FEMA’s Flood Insurance Rate Maps (FIRMs) are issued after a flood risk assessment has been completed or updated for a community. This study is known as a Flood Insurance Study. The FIRM shows the Base Flood Elevations (BFEs) and insurance risk zones in addition to floodplain boundaries. The FIRM may also show a delineation of the regulatory floodway. Once the “insurance risk zone” (commonly referred to as the flood zone) is determined, actuarial rates, based on these risk zones, are then applied for newly constructed, substantially approved, and substantially damaged buildings. FEMA uses these … Continue reading →