OAKLAND, Calif. -- Residents and business owners of Alameda County, Calif. have less than two weeks to purchase flood insurance at the best possible rates before the U.S. Department of Homeland Security's Federal Emergency Management Agency's (FEMA) new National Flood Insurance Program (NFIP) local rate maps go into effect.
The new digital maps for Alameda County will become official on August 3, 2009.? Residents and business owners who have a federally-backed mortgage must purchase flood insurance before August 3, 2009 to take advantage of lower flood insurance premiums. Residents and business owners who purchase the required flood insurance on or after August 3 will be charged a higher rate if their structure is categorized as being in a high-risk flood zone.? Homeowners who buy flood insurance before the maps become effective can save hundreds of dollars on premiums annually.
The new maps, a part of FEMA's nationwide Map Modernization initiative, are important tools in the effort to protect lives and properties throughout Alameda County.? By showing the areas of the community at high risk for flooding, the digital maps will help local officials manage floodplain development more efficiently, so that business and property owners make informed decisions about protecting their properties.???
For more information on the new digital maps and flood risks, residents should contact local community floodplain managers or insurance agents. Information can also be found at www.fema.gov, or www.floodsmart.gov.
FEMA's mission is to support our citizens and first responders to ensure that as a nation we work together??? to build, sustain, and improve our capability to prepare for, protect against, respond to, recover from, and mitigate all hazards.