Here’s a rundown on the changes of keenest interest to insurance advisors...
DENTON, Texas, May 16 -- The U.S. Department of Homeland Security'sFederal Emergency Management Agency issued the following news release:
Navarro County, Texas homeowners, business and residential renters, and business owners who do not have flood insurance are encouraged to buy coverage now to get the best possible premiums before new flood insurance rate maps go into effect.
The new Navarro County flood maps become effective on Tuesday, June 5 giving those who haven't purchased flood insurance yet, time to get the best possible premiums to protect their property from potential flooding.
"While many people are required by mortgage and lending companies to have flood insurance, FEMA and the National Flood Insurance Program (NFIP) strongly recommend that everyone have flood insurance," said Acting Region 6 Administrator Tony Robinson. "The reason is simple: You don't have to be in a mapped floodplain to flood."
Current policy holders and those planning to purchase NFIP protection are strongly encouraged to contact their insurance agent or company to ensure that they have adequate coverage for building and contents that accounts for new flood risk data.
Those who purchase flood insurance prior to June 5 may be able to grandfather the current flood zone, saving money on flood insurance. For more information on estimated rates for flood insurance, whether you are eligible for grandfathering, and the Preferred Risk Policy extension, or to locate an agent in your area, visit www.floodsmart.gov.
Anyone who hasn't had a chance to participate in local flood insurance meetings or to review the new flood maps is encouraged to contact their floodplain administrator who is most likely located at City Hall or the local courthouse.
* To use the live chat service, visit http://go.usa.gov/r6C. Click on the "Live Chat" icon.
* To contact a FEMA Map Specialist, call 1-877-FEMA MAP (1-877-336-2627) or send an email to FEMAMapSpecialist@riskmapcds.com.
TNS MJ88-120517-3878468 StaffFurigay