FEMA says flood insurance rates remain unchanged after flood
BATON ROUGE – According to FEMA, last month's flood will not cause flood insurance to rise above already scheduled annual increases.
The agency says that last month's severe flooding does not trigger remapping of flood zones or changes in base flood elevations. If residents' home or businesses were damaged and they are in the process of being rebuilt, residents may need to mitigate or elevate their structures to come into compliance within their community floodplain ordinance.
FEMA advises that residents contact their local floodplain administrator to ensure they are in compliance and obtaining the proper building permits.
Properties that were not required to have flood insurance by the mortgage lender before the floods may not be required to carry it when they are rebuilt, however it is still available for purchase.
The National Flood Insurance Program offers two types of coverage: building and contents. Building coverage will include the structure and attached items such as the electrical system and permanent flooring. Contents coverage will cover items such as personal belonging and furniture.
To find flood insurance costs and the hazard level of an area visit www.FloodSmart.gov and enter the property address.