Flood Plain Management
FLOOD INSURANCE STUDY REPORT & INSURANCE RATE MAP TO TAKE EFFECT
The City of Schertz has received a Letter of Final Determination dated May 2, 2007 from the Federal Emergency Management Agency (FEMA). This establishes the date, six months after the letter, when the Flood Insurance Study (FIS) report and Digital Flood Insurance Rate Map (DFIRM) for our community will become effective on November 2, 2007. The six-month interval allows the City of Schertz to adopt the final FEMA approved floodplain maps with the necessary ordinances. By adopting the new maps, the City of Schertz will continue to participate in the National Flood Insurance Program (NFIP), so that our citizens are eligible to purchase flood insurance.
FLOOD INSURANCE RATE MAPS
Flood Insurance coverage is available for a 1-year term. There is a minimum premium for all flood insurance policies. Because the minimum is subject to change, anyone interested in purchasing a flood insurance policy should contact a local property insurance agency or company that writes flood insurance coverage to obtain the minimum premium amount.
There is normally a 30-day waiting period before flood insurance goes into effect. November 2, 2007 is the date that the new FEMA floodplain maps go into effect. If residents purchase flood insurance prior to the November 2, 2007 effective date, they will be eligible for current premium rates under the existing maps.
Residents are encouraged to contact their insurance providers prior to November 2, 2007 in order to make appropriate insurance adjustments.