Changes to St. Louis and St. Charles Flood Insurance?

FEMA is in the process of a nationwide flood zone remapping project that may affect your insurance premiums.

FLOOD ZONE MAPPING in St. Louis & St. Charles Counties

A multi-year initiative by FEMA will be updating flood zone maps in more than 20,000 communities across the country. The effort will yield detailed flood risk assessments used in digital flood insurance maps.

Besides providing local municipalities information for civil planning projects and emergency preparedness, the flood insurance industry uses the information to protect businesses and families from flood losses.

How will it affect you?

Depending on the results of the mapping your home or properties may be upgraded, downgraded or remain the same with regard to flood risk.

Contact your flood insurance agent for assistance. Your agent can inform you of your options and answer your questions.

For customers assessed at a higher risk, you can take some proactive steps to help save yourself some money.

  • Get flood coverage ahead of the remapping effective date to avoid force-placed coverage. If you don’t proactively acquire flood insurance on your own, your lender may purchase coverage on your behalf (force-placed coverage).
  • Accommodations for properties newly mapped into a Special Flood Hazard Area (SFHA) can save owners money on flood insurance premiums.
  • Properties newly mapped to a Special Flood Hazard Area (SFHA) may be eligible for a Preferred Risk Policy (PRP) for 1 year, check with your agent for eligibility requirements.
  • Get flood insurance ahead of the new SFHA policy going into effect in your area, to be eligible for grand-fathered rates, check with your agent on the recommended strategy for your situation.

If you are downgraded in flood risk you may receive refunded premiums you have already paid and be eligible for reduced insurance rates.