Marshfield Flood Insurance
Uniquely equipped to help Marshfield, Massachusetts residents navigate the 2020 flood map revisions.
There’s a lot to consider when making a decision on flood insurance.
Make sure you have an expert by your side.
Flood policies are one of the most specific and complicated areas of insurance. Coverage against flood damage is excluded by most traditional insurance policies. Some legal requirements also require property owners to purchase flood insurance in certain designated areas.
Your community has recently taken steps with the assistance of the Federal Emergency Management Agency (FEMA) to revise the flood hazard maps in your town to more accurately represent those areas at risk for flood. As a result, some properties may move into or out of the Special Flood Hazard Area (SFHA), change zones within that area, or change flood elevation .
Each of these scenarios could have a significant impact on your flood insurance premium or whether or not you are required to have a flood policy. Regardless of your property’s specific situation, advisors recommend that flood policies be purchased prior to the flood map change date to ensure that your property is grandfathered at a potentially lower rate. The effective date of Marshfield’s map revisions is July 6, 2020.
The flood team at RogersGray has access to both the National Flood Insurance Program (NFIP), managed by FEMA, as well as the private market where the same coverage can be available at oftentimes better rates. Contact us today to see how we can help you during this time of change.
The Community Rating System (CRS) in Marshfield
CRS is a program within the NFIP intended to reduce flood risk and lower flood insurance premiums when a community takes specific action to become more compliant with NFIP floodplain management standards. As a community implements different CRS activities, they earn points that ultimately increase their class. Every class increase saves National Flood Insurance Program (NFIP) policy holders in high risk flood zones 5% on their flood insurance.
Marshfield resident and RogersGray in-house flood specialist, Joe Rossi, played a significant role in the most recent CRS evaluation in Marshfield, and as a result, on November 7th, 2019, FEMA moved the town to Class 7.
What does this mean for you? The result is a cumulative savings of over $300,000 in flood insurance premiums throughout the Town and a reduction of overall flood risk. Flood policy owners across the community will see a significant savings on their policy renewals after the October 1, 2020 effective date.
Let Us Help
We would love to help you obtain proper flood coverage at the most affordable price . Fill out the form to get in touch!
Nationally recognized expertise.
Joe Rossi, ANFI, CFM
Joining RogersGray in 2017, Joe is a nationally recognized flood specialist with a vast depth and understanding of coastal flood issues and legislation.
He acquired his Associate of National Flood Insurance (ANFI) and the Certified Floodplain Manager (CFM) certification in 2016, one of the highest certifications in the flood insurance industry. Joe graduated from Wentworth Institute of Technology with a bachelor’s degree in architecture.
Complete Credentials & Boards
- Chair and Executive Director, Massachusetts Coastal Coalition
- Chair, National Flood Association Legislative Committee
- Board Member, Independent Insurance Agents and Brokers Flood Insurance Task Force
- Board Member, Massachusetts Floodplain Managers Association
- Chair, Marshfield Community Rating System Committee
- Member, Association of State Floodplain Managers
- Member, Flood Insurance Producers National Committee