For examples, see the FEMA graphic below (from the Homeowner’s Guide To Elevation Certificates):Įlevation Certificate (EC): An elevation certificate determines the elevation of your structure (the lowest floor) in relation to the base flood elevation, the benchmark flood height used on Flood Insurance Rate Maps (see above for more information about base flood elevation). The further the structure is below the BFE, the higher its rates will be. If the structure is below the BFE, particularly if it has a below-grade (below ground) crawl space or basement, the risk of flooding for that structure is high and flood insurance rates will be accordingly high. If the structure is elevated above the BFE, it has a low risk of flooding and will receive lower flood insurance rates. The BFE is used to determine the risk of flooding for each structure in A- and V-zones by comparing the BFE to the elevation of the lowest floor of the structure. For example, “EL 3” means the base flood elevation is 3 feet. Underneath each A- or V-zone designation the BFE will be marked as “EL #”, where # is a number of feet that varies by location. The BFE is expressed on a flood map as a number of feet. The BFE is identified in the Special Flood Hazard Area, made up of A- and V-zones. Chesapeake's Floodplain Ordinance Informationįor information regarding Building and Developing within the Special Flood Hazard Area go to Development and Permits Floodplain Management.Base Flood Elevation (BFE): The expected height of water during a flood that has a 1% chance of occurring in any given year.Building Considerations: Chesapeake Bay Preservation Area (CBPA) Guidelines.Additional Resources for Homeowners & Builders For specifics on individual premium changes, residents should contact their insurance provider. Residents in the “AE” zone, also known as the 100 year flood plain, are eligible for a 15% rate reduction, while those in the “X” zone, also known as the 500 year flood plain, can receive a 5% reduction. Property owners in certain flood categories are eligible for a reduction in their flood insurance premiums. Since then, the City has lowered its rating to a Class 7, which means better incentives for homeowners with homes in a flood zone. The City started at a rating of a Class 8 when it was accepted into the program in May of 2015. The City of Chesapeake is a member of the Community Rating System (CRS) through FEMA. It takes 30 days for flood insurance to go into effect so if you wait for the forecast to call for rain, it will be too late. Most of the City of Chesapeake is susceptible to some level of flooding, and officials encourage all property owners and renters to contact an insurance agent to inquire about purchasing flood insurance.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |