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Obie Risk Map: [ Ссылка ]
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FEMA’s NHFL Viewer: [ Ссылка ]
Flood Zone Definitions: [ Ссылка ]
0:00 - Why do flood zones matter?
2:00 - Flood Zone Example
3:04 - FEMA Website Flood Maps
4:48 - Understanding FEMA flood zone designations
5:36 - FEMA’s National Flood Hazard Layer (NFHL) Viewer
6:43 - Understanding how old each flood map is
8:03 - Obie Risk National Flood Map Viewer
8:50 - Assessing the risk of wildfires, earthquakes, or high winds
9:29 - Getting an actual insurance quote
For most of us, the risk of losing everything in a flood is NOT something we lie awake in bed worrying about every night.
Flooding disasters are usually a highly infrequent, once-in-a-lifetime event that happens to other people. They make for a compelling story on the nightly news, "But that kind of thing would NEVER happen to me." (or so we tell ourselves).
Like most natural disasters, flooding can wipe out everything you own in a matter of seconds... so if there is ANY elevated level of risk in your area, is it really work rolling the dice on this?
Flooding may or may not end up hitting you where you live - but regardless of how concerned you are about it, there are at least a few solid reasons why you should go through the motions of verifying whether your property is situated in (or anywhere near) a flood zone. This condition has a very real effect on some properties, even when it doesn't flood.
When a property is located in a confirmed flood zone, this recognized risk can create an automatic, ongoing cost for whoever owns the property.
The reality is that most properties cannot be purchased without outside financing, usually from a bank or credit union. When these lenders identify that a property is located within a flood zone, they will require the owner to purchase flood insurance on the property in almost all cases.
In some cases, this isn't a significant issue - but depending on the type of flood zone your property is located in (if at all) - this added risk could cost hundreds, even thousands of dollars per year in additional insurance that wouldn't even be necessary were your property not located in a flood zone. You can think of it as a second property tax bill you get to pay yearly - does that sound like fun?
Flood Insurance can get expensive, REALLY expensive. If this is something that you (or any future owner of the property) will have to deal with on an ongoing basis, you'll want to know about this BEFORE you've purchased the property, trust me!
Even if you buy a property free and clear and choose NOT to purchase flood insurance to protect yourself... this could still be a significant problem for the next person down the line who owns your property. When the time comes for you to sell (even if that sounds like a long way off), a property with an elevated flooding risk can create a serious obstacle in the selling process. When most buyers find out they need flood insurance (and, more importantly, how much it's going to cost them), this can be a significant deterrent for buyers who otherwise would have been interested in buying your property.
Is Your Property In A Flood Zone?
Luckily, there's a quick and FREE way to determine if your property is located in or anywhere near a flood zone. I'll show you how to do it in the video above if you've a few minutes.
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