FEMA Elevation Certificates
When a new property is being built in or near a floodplain, you, as the property owner, may be required by your lender to obtain a FEMA Elevation Certificate to determine if flood insurance is necessary or not. This certificate involves verifying various elevations in and around your property and comparison to flood surface elevations in your area. From identifying the lowest floor in your Monterey home to whether or not you’re on a floodplain, having our skilled team at Central Coast Surveyors perform the necessary measurements for a FEMA Elevation Certificate is vital when purchasing a new piece of property.
FEMA Elevation Certificates are for Flood Insurance Purposes
The purpose of this certificate issued by FEMA ensures that all of the structures in Special Flood Hazard Areas (SFHAs) are properly elevated in order to minimize the risk of a flood. These areas are labeled on FEMA’s Flood Insurance Rate Map (FIRM) according to the flood risk assessments performed in the region.
Most communities must participate in the National Flood Insurance Program (NFIP) in order to be both ranked on the Community Rating System (CRS) and to be able to purchase flood insurance. Compliance with community floodplain management ordinances and using an elevation certificate are also necessary in determining the proper insurance premium rate.
Obtaining the necessary certification also helps you to:
- Identify whether you’re in the one-percent chance storm event (or 100-year flood)
- Determines whether you homes floor elevation is higher or lower than the the base flood elevation
- Determine whether your flood insurance costs can lower due to the elevation of your finished floor
Serving the Greater Monterey Bay Area
Since our doors opened in 1993, we at Central Coast Surveyors have been the land surveyors of choice, and we are pleased to offer FEMA Elevation Certificates in the Monterey / Carmel Valley regions. Call us at 831-394-4930 to get your quote today!