What Are Flood Zones

New Orleans, LA, March 8, 2006 - The level of ...

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What Are Flood Zones

Flood Zones are everywhere, and everybody lives in one, the important bit is whether you live in a high risk or a¬†moderate to low risk flood zone, that’s the nitty gritty of the situation and the bit of information which the flood insurance companies are most interested in.

The FEMA has created a series of flood maps which identify the likelihood of a particular area suffering from a flood. If the area of land has a more than 1% chance of being flooded then it is classed as a high risk flood zone. Okay, 1% might not sound like much, but if you think about a 30 year mortgage term, the mathematics of the risk¬†(worked out by somebody much cleverer than me with a calculator and everything) is that there’s a 26% chance of your property being flooded before you’ve paid off the last instalment – there, sounds a bit more of a worry now doesn’t it?

You’ll need to know the classification of your flood zone so that you can get an insurance quote for flood insurance, but hey, why not ask the real estate agent before you even buy your house what zone it stands in . . .

One other thing to think about before I go, – flood zones are always on the change so just because your house was in a moderate to low risk zone 10 years ago, new developments, erosion and changing weather patterns mean that it just might have a greater risk of flooding and be in a high risk area these days. It’s better to keep updated on this sort of information you know!

Flood Zones

  • Zones B, C and X are classified as moderate to low risk flood zones
  • Zone A is classified as high risk
  • Zone V is a high risk coastal area – double whammy, you won’t know which direction the flooding might be coming from!

Did you hear that part – “causing flooding of areas that were usually dry . . . ” I hate to say “I told you so” . . . but . . . “I told you so”.

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