WBZ NewsRadio 1030′s Mark Katic reports.
Who doesn’t like the idea of owning waterfront property? As of Tuesday, that got a lot more expensive because FEMA was ordered to update their flood maps.
“Part of the bill by Congress sets forth a group to study getting better mappings so that they can make more precise predictions on where the floods are gonna happen,” said Geoff Gordon of Gordon Insurance in Norwell.
Now, more homes are listed in high-risk flood zones "
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"We are seeing an unprecedented number of changes with the reconfiguration of FEMA's Flood Insurance Rate Maps," said Doug Fraley, executive vice president of Torrent Technologies. "By partnering with DataQuick on FutureFlood DataFile Services, we ...Read more
Although it may cost some homeowners more money, a detailed and open process for mapping flood zones is necessary to inform the public about flood risks (“Consider this: Flood maps revised” July 8). Higher rates inform homeowners that their homes are ...Read more
... don't think we're in a flood zone or high risk area. So, they provided proper documentation and presented it to the Department of Environmental Quality who sent it to FEMA. FEMA agreed and actually changed the maps," said MEMA spokesman Greg Flynn.Read more