Flood Warning
 The local Cape Cod news has been abuzz lately with news of the impending changes to Flood Zones. While this change is effective across the entire US (it’s an act of Congress), the Cape & Islands are particularly affected.  Here’s some info and visit our Flood Insurance page for more links.
In 2012, the U.S. Congress passed the Flood Insurance Reform Act of 2012 which calls on the Federal Emergency Management Agency (FEMA), and other agencies, to make a number of changes to the way the NFIP is run. As the law is implemented, some of these changes have already occurred, and others will be implemented in the coming months. Key provisions of the legislation will require the NFIP to raise rates to reflect true flood risk, make the program more financially stable, and change how Flood Insurance Rate Map (FIRM) updates impact policyholders.
The changes will mean premium rate increases for some – but not all — policyholders over time.
If you want to know if your property is affected, you need to visit your local town office or find out if they have their maps online (not all towns do yet, but do have the maps at the offices).
If we can help answer any questions – please don’t hesitate to contact us.
