Do you need flood insurance? Worth remembering, we’ve flooded twice in the 1% 100 year flood areas. See below for more information, but think before removing flood insurance from your budget.
According to Nassau County Emergency Management, “Even if you live in an area with only a 1% chance annually of flooding, you should have #NFIP Flood Insurance! In the past 18 months, we’ve seen severe flooding TWICE in those “just 1% chance per year” areas.” https://t.co/8gPCptBeK9
— NassauEM (@NassauEM) February 28, 2018
Flood hazard areas identified on the Flood Insurance Rate Map are identified as a Special Flood Hazard Area (SFHA). SFHA are defined as the area that will be inundated by the flood event having a 1-percent chance of being equaled or exceeded in any given year. The 1-percent annual chance flood is also referred to as the base flood or 100-year flood. SFHAs are labeled as Zone A, Zone AO, Zone AH, Zones A1-A30, Zone AE, Zone A99, Zone AR, Zone AR/AE, Zone AR/AO, Zone AR/A1-A30, Zone AR/A, Zone V, Zone VE, and Zones V1-V30. Moderate flood hazard areas, labeled Zone B or Zone X (shaded) are also shown on the FIRM, and are the areas between the limits of the base flood and the 0.2-percent-annual-chance (or 500-year) flood. The areas of minimal flood hazard, which are the areas outside the SFHA and higher than the elevation of the 0.2-percent-annual-chance flood, are labeled Zone C or Zone X (unshaded).