Search Results for keywords:"flood insurance premiums"

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Search Results: keywords:"flood insurance premiums"

  • Type:Notice
    Citation:86 FR 12017
    Reading Time:about 3 minutes

    In a notice published by FEMA, corrections were made to a previous proposed flood hazard determination that contained an incorrect table. The new table provides accurate information about flood hazard determinations for communities in Hendricks County, Indiana, and the incorporated areas, including the towns of Brownsburg and Danville. These determinations are crucial for floodplain management and calculating flood insurance premiums. FEMA also invites comments on this matter to be submitted by June 1, 2021.

    Simple Explanation

    FEMA found a mistake in their earlier map about where flooding might happen in some towns in Indiana, so they fixed it. They want people to check the new map and say what they think by June 1, 2021.

  • Type:Notice
    Citation:86 FR 11789
    Reading Time:about 2 minutes

    The Federal Emergency Management Agency (FEMA) announced new or modified flood hazard determinations for various communities. These determinations include changes to flood risk areas as shown by Letters of Map Revision (LOMR), impacting Flood Insurance Rate Maps (FIRMs). Such changes will influence flood insurance premium calculations for new structures and their contents. Communities must adapt their floodplain management practices to comply with these updated determinations to continue participating in the National Flood Insurance Program (NFIP).

    Simple Explanation

    FEMA is telling some places how deep water might get when it rains a lot, so people know where it's safe to build homes. These changes help decide how much people need to pay to protect their new houses from floods.