EUSTIS — The Lake County Department of Public Works, Stormwater Section, would like to remind homeowners in unincorporated Lake County that effective May 1 the Federal Emergency Management Agency will institute a new policy for flood-insurance policies.
The new policy will affect flood-insurance policies for buildings that are rated as having the lowest floor 1 foot or more below the base flood elevation. These buildings will no longer be eligible for the Community Rating System (CRS) discount. Lake County joined the CRS through the National Flood Insurance Program (NFIP) in December 1994 and has subsequently earned an "8" CRS rating, which equates to a 10 percent discount for homeowners on flood insurance.
Homeowners should contact their insurance agent to verify how their structure has been rated. It is possible that there is an error in the lowest floor or base flood elevation. It is possible that the building has not been fully “grandfathered” to reflect that it was built in compliance before a map change. If these errors can be corrected to show that the building is not one foot or more below the base flood elevation, then the property owner should ask their insurance agent to correct the policy. Homeowners in unincorporated Lake County may need to contact the Lake County Stormwater Section for supporting documentation to correct the errors.
For more information, call Sharon Hogan, Stormwater Technician, at (352) 483-9081 or Donna Bailey, GIS Analyst, at (352) 483-9083 or log on to the National Flood Insurance Program Web site at www.floodsmart.gov.