OAKLAND, Calif. -- Residents and business owners of Maui County, Hawaii 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 flood maps for Maui County will become official on September 25, 2009. Property owners who have a federally backed mortgage are required to purchase flood insurance. Residents and business owners who take out a policy before September 25, 2009, can take advantage of lower flood insurance premiums saving hundreds of dollars annually. Any flood policy purchased on or after September 25 could receive a higher rate if it is determined the insured property resides in a high-risk flood zone.
The new maps, a part of FEMA's nationwide Map Modernization initiative, are important tools in the effort to protect lives and properties throughout Maui 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.