This means that although flood mapping data will still be necessary and essential for communities, and Flood Insurance Rate Maps (FIRMs) will continue to be used for mandatory purchase requirements, building code requirements, and floodplain management requirements, flood maps will no longer be the most significant factor in rating premiums. With NFIP’s pricing approach, FEMA now has the capability and tools to address rating disparities by incorporating more flood risk variables like flood frequency, multiple flood types - river overflow, storm surge, coastal erosion, and heavy rainfall - and distance to a water source, as well as property characteristics such as elevation and the cost to rebuild. Clients must maintain coverage continuously to keep their Newly Mapped rate. If the building is sold, the policy can be transferred to the new owners, allowing them to keep the lower-cost rate. Premiums will continue increasing gradually and within the existing statutory limits set by Congress until reaching the full risk premium. With NFIP’s pricing approach, Risk Rating 2.0, Newly Mapped discounts and subsequent rate increases continue. Text Linkįor residents that are newly identified to be a high-risk flood area, the National Flood Insurance Program (NFIP) offers a cost-saving option called the Newly Mapped Procedure. Although the 2012 maps are not the current standard, residents have the option to utilize them if building to the higher of the two elevations, whichever map indicates the higher elevation.ĬITY OF NAPLES’ FLOOD INFORMATION WEBSITEĪ property’s flood risk may be changing from a moderate- to low-risk flood area (Zone B, C, or X) or Unknown (Zone D) to a high-risk area (Zone A or V). Note that the “Effective FIRM” refers to the 2024 FEMA Maps, while the “2012 Historic FIRM” pertains to the 2012 FEMA Maps.Enter your property address to access your property’s flood information.Click the link provided below to access the City’s Forerunner website.To gain insight into the changes within the 2024 FEMA Flood Maps and determine if your property is affected, please follow these steps:
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