Mary Collandra
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Protect the life you’ve built in Florida.

Every year, Florida’s coastline gets battered by 40% of all hurricanes that hit the United States. And if you’re not protected, you could be stuck paying for costly damage all on your own. Just one inch of flood water can cost you up to $25,000.

Being prepared with flood insurance can help you rebuild your home faster and stronger. Speak to a provider today so you can get look forward to sunny days in the Sunshine State for years to come.

Understanding Flood Plains  

  • The highest ranked natural disaster in the U.S., according to FEMA is flooding.

  • A flood plain is an area that is subject to natural flooding from an adjoining waterway. 

              For more on Manatee County Flood Zones, click here: https://bit.ly/3qCqysZ

              For more on Sarasota County Flood Zones, click here: https://ags3.scgov.net/sarcoflood/            

  • FEMA has determined all of Florida to be in a flood zone. Flood plains are evaluated & determined by FEMA for variable levels of risk.   

  • A property in a legally defined flood plain is eligible for purchase of federal flood insurance.

  • A preferred flood policy can be purchased outside of a designated flood plain.

  • Lenders use the process of flood zone determination to evaluate the property & structure that secure mortgages.

  • Federal banking regulations require certain flood zone properties to carry flood insurance as a condition of extending the loan.

  • The severity of the flood plain also impacts the owners annual flood insurance cost.

  • Cash buyers in a flood plain are not required to purchase flood insurance but highly recommended.

  • There are federal flood insurance programs covering physical structures and contents.

  • Building coverage is limited to $250,000 for a single family residence; contents coverage is limited to $100,000 for all contents on the property.

  • Additional surplus line coverage can be purchased above the federal flood insurance maximum limits.

  • Commercial flood insurance is limited to $500,000 for the building and $500,000 for the contents.

  • Properties not in a flood plain are not required to carry federal flood insurance though still recommended in moderate-risk areas.

  • About 1/3 of all flood claims occur outside a designated flood plain area.

  • Owners or buyers that wish to contest property that falls within a Special Flood Hazard Area may apply for a Letter of Map Amendment. These forms are offered on the FEMA website.

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