Flood zone mapping errors happen all the time but what most people don't realize is that it can be reversed. A simple Letter of Map Amendment (LOMA) is the secret ingredient to have a structure removed from a flood zone that requires a property owner to buy flood insurance.
"I'm buying a house and my lender says I now have to buy flood insurance to close but there is no way it's in a flood zone."
"We've lived here for years and we just got a nasty gram from our bank saying we've been added to the flood zone and have to buy flood insurance."
"My neighbor got a LOMA and their flood insurance is now a fraction of what we pay. I want to do the same thing but it's seems too complicated."
A Letter of Map Amendment corrects a properties flood zone and makes an official change to the FEMA flood map. An official floodplain removal document will be issued by FEMA which can lift the requirement of mandatory flood insurance. The map correction is based on new information specific to the property and its elevation in relation to the base flood elevation.
Learn the benefits of getting removed from the floodplain.