FEMA designs the federal flood map with the help of communities participating in flood management. These maps show the level of flood risk. Insurance companies will use flood maps to determine the cost of flood insurance. Low to moderate-risk areas pay less for flood insurance than those at a higher risk. Flood insurance prices also vary with insurance companies.
Some people choose private companies over NFIP because they provide higher coverage for higher-priced valuables. So, consider using a private flood insurance company if you have high-value items in your home. At Holt Flood Insurance, we work with several private insurance companies and the NFIP. With over 30 years of flood insurance experience, we can help determine what type of flood insurance works best for you. And if you already have flood insurance but are looking for a better rate, we can also help you.
As weather patterns change, so can the Federal flood map. Areas once at low risk for flooding can change to moderate or high risk. They can also go in the other direction. High-risk areas could switch to moderate or low risk for flooding when communities actively work with FEMA. The more accurate these maps can be, which help everyone.
For more information on the Federal flood map, visit our website or call us at (540)809-1415. We will answer any questions you may have. Contact Holt Flood Insurance today.