Quote:
Originally Posted by Decadeofdave
Aren't floodplains rated?
50 year, 100 year etc.
Gives you and insurance a risk assessment
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If the zone is later developed, the zone has a new risk assessment, for improvement to property. Once evaluation is complete the zone can stay at say 100year, or no longer be classified as a flood zone. Then it’s up to the insurance company to reevaluate the policies