What does a property owner need to do for FEMA to remove the flood insurance requirement?
In some cases, a lender determines that a property is in a Special Flood Hazard Area (SFHA) shown on a Flood Insurance Rate Map (FIRM) but the property owner disagrees with that determination. The SFHA is also known as the 100-year floodplain. It is more precisely defined as the floodplain associated with a flood that has a 1-percent-annual chance of being equaled or exceeded in any given year. Therefore the SFHA is not a flood event that happens once in a hundred years, rather a flood event that has a one percent chance of occurring every year. Property owners in this situation have a couple of options. Depending on the specific circumstances, you may apply for a Letter of Determination Review (LODR), a Letter of Map Amendment (LOMA), or a Letter of Map Revision Based on Fill (LOMR-F). The application forms for LOMAs and LOMR-Fs can be found on the FEMA Forms Webpage and provide comprehensive, step-by-step instructions for requesters to follow, ensuring that your submittal is complete
Related Questions
- Could I build a berm to protect my house or property, and would it reduce or eliminate the flood insurance requirement?
- Can I buy flood insurance for my property if the property is not in a Special Flood Hazard Area (SFHA)?
- What does a property owner need to do for FEMA to remove the flood insurance requirement?
