New flood insurance maps coming out Saturday [Asbury Park Press, N.J.]
By Jean Mikle, Asbury Park Press, N.J. | |
McClatchy-Tribune Information Services |
"The risk profile in coastal communities has gone up,"
The maps will be available after
"These maps are going to be the first major step in the rebuilding process for individuals and businesses and municipalities,"
Maps to be released cover 10 counties:
The preliminary maps are intended to guide property owners and municipalities through the rebuilding process following superstorm Sandy, according to
McDonnell said the maps are meant to help people are in coastal communities rebuild "safer and smarter" so that they construct homes and businesses that are more resilient and resistant to future storms.
The maps, which have been in the planning process for two years, do not include data from Sandy, as they were completed before the storm struck
Official maps that will determine those premiums will be released next year, Pietramali said. But he said that homeowners looking to rebuild their properties would be wise to consult the new flood elevation maps first.
"If you develop at these higher elevations, you are going to save money on flood insurance," Pietramali said. "It's important as we move forward that people know their risk." Homeowners who choose to rebuild without meeting the new flood elevations could see their flood insurance premiums soar.
Flood insurance premiums are already set to rise 20 percent in January. The average premium in the nation is
He said property owners who own land in "V" zones, or high hazard zones where homes or businesses could be hit by waves during storms, should consider rebuilding on pilings or piers that elevate the structures.
McDonnell said that for those without flood insurance, federal
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