Flood coverage — prepare for a wave of change
As if flood insurance weren’t complicated enough, the whole rating process is changing again as of October. Elevation certificates won’t be required any longer, but knowing the elevation of your first floor will become very important. Replacement cost and construction type (frame or brick) will be used as part of the calculation, as well as the actual distance to any water source, such as a river, shore, coast, levee, dam, lake, etc.
