NEW FEMA FLOOD LEVELS in New Jersey CHANGE THE REBUILDING GAME PLAN IN NEW JERSEY
A closer look and examination to the New Jersey’s flood risk has in a way resulted in a major alteration to the flooded areas across New Jersey. Due to the flood level, there were changes within the state which in a way affected the cost of insurance premiums for many home owners in especially the worst affected areas of the state, although they don’t negate the need to invest in mitigation against future inundations.
According to research, the National Flood Insurance Program New Jersey is aimed at reducing the impact of flooding on private and public structures. This is achieved by providing affordable insurance scheme for property owners and also by encouraging communities to adopt and enforce floodplain management regulations. These efforts help mitigate the effects of flooding on new and improved structures. Overall, the program reduces the socio-economic impact of disasters by promoting the purchase and retention of Risk Insurance in general, and National Flood Insurance in particular.
The changes that occurred with the new FEMA flood levels is said to be with the new zoning rearrangement. Many residents where moved out of the ‘V’ Zone which is said to be the most vulnerable to be flooded by strong tidal surges and waves of more than 3 feet, into the ‘A’ zone, this is because at the ‘A’ zone, the conditions are slightly less severe than the ‘V’ zone. Although the buildings around the zone have lesser work to be done, the buildings will still need to be elevated and they will no longer need to be supported on pylons. This restrictions also greatly applies to insurance coverage in areas with buildings that haven’t complied with the new storm damage mitigation legislation.
Also, the newly released maps of the flooded areas around the Jersey Shore, have affected area with an estimate of about 45 percent of the most vulnerable areas, with some counties seeing as much as 80 percent reduction in their V zone.
With the rebuilding work on the process, FEMA is said to be helping with strengthening the state’s capacity/strength in order to withstand any future disaster. With this, thirty-nine percent of all Public Assistance projects are said to have accompanying mitigation projects. FEMA is also funding projects that protect vulnerable facilities from inundation by storm waters, also raising homes above the flood level/plain while converting neighborhoods that have experienced repeated and devastating flooding to public, open space. Eighty-six percent of all New Jersey Public Assistance projects over a half-million dollars have a mitigation component.
This makes it even more important to consult with a professional house lifting or shoring company, like McEvoy Homes, who has the experience and qualifications to advise you on exactly what level of storm mitigation works will be necessary in your individual situation. In a statement that was issued by FEMA along with the newly drawn maps, they are quick to point out that while the areas covered by the V rating may have decreased, the risk of major flood damage has risen significantly in the past decade. It is all part of a years-long update of New Jersey’s flood insurance maps, which not only give the state an idea of the most flood-prone areas but also help determine flood insurance premiums for new fema flood levels in New Jersey