The Federal Emergency Management Agency (FEMA) has updated the flood insurance rate maps for Kitsap County. A new study has been completed using updated flood models and base elevation data, which is used to update the flood maps and show the current level of risk to flooding.
Changes in Flood Insurance Policy Requirements or Rates May Follow
This change may affect your mortgage loan requirements. If your property was outside a flood hazard area on the old maps and is now inside a flood hazard area on the new DFIRMs, your mortgage holder may now require you to carry flood insurance. FEMA requires property owners with a federally- backed mortgage in a flood hazard zone to purchase flood insurance.
Regardless of mortgage status, owners of properties in or near flood hazard zones are encouraged to carry flood insurance. If you don’t have a flood insurance policy, purchasing one prior to the expected adoption of the new DFIRMs may qualify you for lower rates than if you waited until after the maps were adopted. For more information on flood insurance, please go online to https://www.floodsmart.gov/floodsmart/
Affected property owners are being notified about this update and are encouraged to attend two public meetings on:
Tuesday, May 12, 2015; 6-8:30 pm
Kitsap County Administration Building
619 Division St.
Port Orchard, WA 98366
Wednesday, May 13, 2015; 6-8:30 pm
Suquamish House of Awakened Culture
7235 NE Parkway
Suquamish, WA 98392
FEMA will be on hand along with local program officials to describe this update and how properties may be affected, such as to requirements for building safety, flood insurance and/or mortgage loans. More information about FEMA community flood maps and the National Flood Insurance Program is available at https://www.floodsmart.gov/floodsmart/
During each meeting there will be a short presentation covering:
- flood study overview
- the process and timeline for appeal
- the timeline for adoption
- the different flood hazard zones (classifications) and what they mean
- how changes in classification affect flood insurance requirements
- how changes in classification affect building regulations
Your Community’s Preliminary Flood Hazard Data is available at:https://www.fema.gov/view-your-communitys-preliminary-flood-hazard-data-0