There’s nothing we value more than our clients, and for them to make safe, well-informed decisions, we must always keep them aware of changes in government policy that affect housing.
FEMA has made changes to the flood insurance rate map for the Floria Keys. All new construction and flood insurance premiums will be based upon these revised maps once they’re officially adopted.
Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message or use these timestamps to browse specific topics at your leisure:
1:32—When the rate map changes will take effect
1:50—How community organizations are partnering to inform Keys residents
2:10—Explaining the changes in existing elevation
2:43—The introduction of a new flood level called Coastal A and its impact on properties
3:22—Many X zones will now fall under A zones
4:02—How previous policies will be grandfathered in
4:51—Wrapping up today’s topic
If you have questions on this topic or you’re interested in buying or selling property, don’t hesitate to reach out to us. We’d love to help you, so call or email the Ashkarian/Ardis Team.