Just a heads up to those who live or have businesses in the Green River affected area From Auburn to the Duwamish.
1. Flood coverage isn't affective for 30 days after app and payment. If you're going to "look into it" do it ahead of need.
2. Most of the zone is "x". That means it's not a traditional flood zone. The risk is high today because of the Hanson dam but the rates for the zone are for low risk areas.
3. Flood zones are grandfathered. If you have coverage and next year FEMA changes the zoning to high risk you'll keep your original zoning and only move from preferred to standard pricing. You'll be substantially ahead of a high risk flood zone rating. Mortgage holders can demand the coverage should you get assigned a high risk zone.
4. Flood pricing is standardized. Shopping won't affect your rates as they are published by FEMA based on their underwriting program. The limits, zone, and your building specifics determine your rate.
You can review the government plan at Floodsmart.gov.
Obviously we are an N.F.I.P member and can produce a flood cert and quote as well. Only flood trained agents will be members. Be safe and think ahead.
Kevin
www.floodNW.comAnderson & Black Insurance
