Tag: Flood mitigation

Decoding Flood Maps: Are You at Risk?
August 2, 2024 Off

Decoding Flood Maps: Are You at Risk?

By The Admiral Staff

This article explains how to understand and navigate flood maps to assess your flood risk. It details how to find your location on the FEMA flood map system (FIRMs/FIRMettes), how to interpret the different zones (high, moderate, minimal hazard) and base flood elevation (BFE). The article clarifies that even properties outside designated flood zones aren’t entirely safe, and a significant portion of flood claims come from these areas. It also outlines steps you can take to mitigate flood risk beyond insurance

Above the Flood: Weighing the Costs and Benefits of House Elevation
May 15, 2024 Off

Above the Flood: Weighing the Costs and Benefits of House Elevation

By The Admiral Staff

Elevating a house in a flood zone can cost between $10,000 and $100,000, potentially reducing flood insurance premiums by 30-60% and increasing resale value by up to 25%. While initial costs can be significant – ranging from $10-$30 per square foot to simply elevate, or $20-$80 per square foot including foundation replacement – homeowners may be eligible for FEMA loans up to $30