New Flood Maps Show Current Risks in Grady County, Oklahoma - Insurance News | InsuranceNewsNet

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March 16, 2012 Newswires
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New Flood Maps Show Current Risks in Grady County, Oklahoma

DHS_FEMA_PIPE
By DHS_FEMA_PIPE
Federal Information & News Dispatch, Inc.

New Flood Maps Show Current Risks in Grady County, Oklahoma

Release Date: March 16, 2012

Release Number: R6-12-058

DENTON, Texas -- Grady County, Oklahoma 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 Grady County flood maps, which include all of the communities in Grady County, become effective on Tuesday, April 3 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 Region 6 Administrator Tony Russell. "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 April 3 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 may be located at City Hall or the county administration offices.

*To use the live chat service, visit 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 [email protected]

FEMA's mission is to support our citizens and first responders to ensure that as a nation we work together to build, sustain, and improve our capability to prepare for, protect against, respond to, recover from, and mitigate all hazards.

Last Modified: Friday, 16-Mar-2012 09:30:13

Copyright:  (c) 2011 Federal Information & News Dispatch, Inc.
Wordcount:  357

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