A flood determination map is a tool that helps identify which areas are prone to flooding and the level of risk. Flood insurance companies often use these maps to calculate how much their clients will pay for flood insurance. For example, those living in high-risk areas will pay more than those living in moderate to low-risk areas.
At Holt Flood Insurance, we strongly suggest that everyone purchases flood insurance regardless of where they live. Even if you rent, you can buy it. Without flood insurance, you could spend thousands of dollars on repairs as your regular property insurance only covers accidental flooding, such as a leaky appliance or a burst pipe. Flood insurance covers water damages caused by weather.
On a flood determination map, low-risk areas are marked with the letters B, X, and C. Where higher-risk regions are marked with the letters, A and V. Homeowners looking to buy a home in a high-risk zone must purchase flood insurance before taking out a mortgage. And if you are new to flood insurance, Holt Flood Insurance can help you with any of your inquires. With over 30 years of flood insurance experience, there has never been a question that we couldn't answer.
For more information on the flood determination map, visit our website or give us a call at 1(540)809-1415. We will answer any questions you may have. Contact Holt Flood Insurance today.