Talk of The Villages Florida - View Single Post - Question on how to eliminate flood insurance
View Single Post
 
Old 05-19-2024, 03:46 AM
BrianL99 BrianL99 is offline
Sage
Join Date: Dec 2021
Posts: 3,521
Thanks: 296
Thanked 3,422 Times in 1,352 Posts
Default

Quote:
Originally Posted by BrianL99 View Post
If I'm not mistaken, when the development of that area was done, the design engineer could have had the designation changed fairly easily, by submitting the proper documentation. Which makes me wonder if there's not more to the story.
Quote:
Originally Posted by PersonOfInterest View Post
Our house is also in a flood plain and we pay yearly Flood Insurance. I also looked into this 2 years ago. From what I found the developer does submit 'change of elevation' to FEMA, but that is not enough for FEMA to change the map. It could be 10 yrs or more before FEMA revises the map. My conclusion after spending hours doing research is that this is another governmental 'Rip Off' that leaves the consumer holding the bag with no reasonable recourse. Our flood insurance is $700 / year.
If the Developer went through the process (which is not overly onerous, there should be a letter. See attached
Attached Thumbnails
The Villages Florida: Click image for larger version

Name:	Screenshot 2024-05-19 at 4.44.05 AM.jpg
Views:	875
Size:	75.0 KB
ID:	104170