Will I have to buy flood insurance?

Flood insurance rates are determined by the current effective FIRMs. If, according to the new preliminary maps, your property is located in an SFHA and is mortgaged through a federally regulated and insured lender, you will be required to purchase flood insurance once the preliminary map becomes effective. There is time—the updated maps are not scheduled to go effective until 2022 or 2023. However, flooding can happen wherever it rains, which means purchasing flood insurance is a good idea even for property owners in low-risk areas.

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1. Is a property located in a floodplain?
2. What are the standards for constructing in a floodplain?
3. What are the requirements for existing structures within the floodplain?
4. What can be done if a floodplain map may have an error or be to be modified?
5. What changes will we see on the new Flood Insurance Rate Map (FIRM)?
6. Is it possible for me to view where my home lies on the new preliminary Flood Insurance Rate Maps (FIRMs) prior to the Flood Risk Open House?
7. Who should attend the Flood Risk Open House?
8. What happens at the Flood Risk Open House?
9. Do I have to stay at the Open House for the entire time?
10. As a homeowner, what should I bring to the Flood Risk Open House?
11. Will I have to buy flood insurance?
12. Will I be able to buy insurance on-site?
13. What if I disagree with the new maps?