Town Square

Post a New Topic

Mandate to obtain elevation certificates for flood insurance

Original post made by Resident, Midtown, on Sep 27, 2013

There is a new Biggert Waters Flood Insurance Reform Act 2012 that requires everyone in the flood zone to produce elevation certificates in order to have flood insurance. If you don't provide the certificate, the insurance rates will be increased at 25% a year every year until you provide it. The cost of elevation certificate is between $1,000 and $1,500. Not everyone can easily afford this unplanned expense. Anyone dealt with it? Thoughts? Suggestions?

Comments (2)

 +   Like this comment
Posted by just do it
a resident of Crescent Park
on Sep 27, 2013 at 3:46 pm

It's possibly a good investment. An elevation certificate may determine that your property can be removed from the flood zone requirement freeing you up from making ANY flood insurance payments.
Sounds like a no brainer to me.


 +   Like this comment
Posted by Tom
a resident of Professorville
on Sep 27, 2013 at 4:15 pm

If you get together with your neighbors, maybe you can negotiate a volume discount with the surveyor.


Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.

Email:


Post a comment

Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

We prefer that you use your real name, but you may use any "member" name you wish.

Name: *

Select your neighborhood or school community: * Not sure?

Comment: *

Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.

*Required Fields

Steins, sausage and spaetzle: Mountain View hosts second Oktoberfest
By Elena Kadvany | 3 comments | 2,687 views

Men Are Good For Three Things
By Laura Stec | 29 comments | 2,662 views

Two creative lights depart Palo Alto, leaving diverse legacies
By Jay Thorwaldson | 2 comments | 1,450 views

Reducing Council Size? Against
By Douglas Moran | 13 comments | 1,098 views

Storytime is Full
By Cheryl Bac | 4 comments | 948 views