New flood zone maps happen when an area not usually known for flooding has had recent flooding. The affected community will work with FEMA so that they can update the information on the Map Service Center. Updates to the maps can include the level of flood risk. If the level of flood risk increases, so will the cost of flood insurance.
Even though flood insurance is only required for high-risk areas, Holt Flood Insurance highly recommends that everyone purchase flood insurance, regardless of the flood risk level in their community. And Flood insurance is not just for property owners. Renters may purchase it as well. If you are new to flood insurance or looking for a new rate, we will answer all of your questions and concerns.
Information changes on new flood zone maps may also include letter changes if the flood risk level has adjusted. The letter will go from either B, C, or X to either A or V. The same can go if the flood risk level decreases. For example, if the level of risk changes from moderate to high. Flood Insurance companies will then use this information to adjust their insurance prices.
For more information on new flood zone maps, visit our website or give us a call at (540)809-1415. We will answer any questions you may have. Contact Holt Flood Insurance today.
I have known Tim for many years and he is a man with great integrity, work ethic and one of the nicest persons I know. Over the years Tim has provided insurance counseling and advice to our company, for myself personally, as well as to our clients. Recently Tim, took time to analyze our flood insurance policy and he was able to make some excellent recommendations. Our flood insurance costs are now less and we have much better coverage. I recommend Tim to anyone without hesitation or reservation. Edward Semambya, CPA We contacted Mr. Holt for an estimate via email over the weekend prior to a closing on a property, hoping for a response on the following Monday to take with us with confidence in being insured at the settlement table on a Tuesday. He exceeded our expectations not once but in readily responding to the initial request and then to follow-up questions all during the weekend frenzy that occurs before closing. "Impressive and responsive customer service," for sure! Ken Reuwer I have no problem giving you an A1 reference for taking care of the flood policies for me and Diane. I appreciate you working with the mortgage company: the surveyor and our previous agent. The result was a 75% reduction in our flood insurance premiums! Mike Edwards
