Flood insurance maps are causing quite a few headaches for some - TopicsExpress



          

Flood insurance maps are causing quite a few headaches for some along the shoreline. Its a complex issue, but here are the main points. The issue: FEMA doesnt have the most accurate mapping data using laser light technology due to congressional funding parameters. The result: Locals argue more lakeside properties are unnecessarily included in the zones where flood insurance is mandatory. The concern: More property owners becoming entangled in having to remove their properties from insurance-required zones, causing headaches and slowing real estate transactions. The recourse: FEMA says theyre reassessing Flood Insurance Studies while local agencies weigh chipping in funds to get more accurate mapping technology.
Posted on: Thu, 07 Aug 2014 21:56:27 +0000

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