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Tuesday, August 30, 2011

The elevation certificate is used primarily:

  • By insurance agents and insurance companies to determine the proper flood insurance premium rates for individuals and businesses purchasing flood insurance polices through the NFIP.
  • By property owners to support a request to FEMA for a Letter Of Map Revision (LOMR) to remove a home or building from a Special Flood Hazard Area (SFHA).
  • By local building officials during the development process to ensure that all newly constructed homes and buildings comply with community floodplain management ordinances, which are based upon federal floodplain regulations set by FEMA.
  • By federally regulated lending institutions, and their flood zone determination vendors, to correct geographic errors made during the standard flood zone determination process.

For more information contact me
http://www.es-insurance.com/

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