Flood Maps: How Updates Impact Your Insurance

Flood maps are constantly changing, and these updates can significantly impact your flood insurance costs and coverage requirements. 🏡💧 In this video, we break down how FEMA updates flood maps, why it takes years, and how it affects property owners in areas like Flood Zone AE. Did you know that many homeowners during Hurricane Harvey didn't have flood insurance because their flood zones weren’t updated in time? Don’t let this happen to you! Here’s what you’ll learn: How flood map updates influence flood risk classification and your insurance premiums. Why NFIP vs private flood insurance matters when your property is newly mapped. Special tips to reduce premiums, including newly mapped rates and avoiding costly mistakes. The importance of understanding FEMA’s process and how it could save you thousands annually. Whether you're navigating flood insurance for the first time or looking to protect your wallet, this video has the actionable insights you need! 💡 Watch now to stay informed, protect your home, and make smarter decisions about your flood policy. Don’t forget to subscribe for more tips on reducing premiums and managing flood risks! #amiinafloodzone? #floodinsurancerateswithnfipandprivatefloodinsurance #nfipandprivatefloodinsurance #isfloodinsurancerequiredinfloodzoneae #howmuchfloodinsurancedoyouneed? CHAPTERS: 00:00 - How Often Do Flood Maps Change 01:09 - What is a Newly Mapped Policy