The Flood Elevation Certificate is an important tool of the National Flood Insurance Program (NFIP). If your home or business is in a high-risk area, your insurance agent will likely need an Elevation Certificate (EC) to determine your flood insurance premium. An Elevation Certificate completed by a licensed land surveyor verifies the elevation data of a structure on a given property relative to the ground level or elevations of flood levels determined by FEMA. For example, the elevation certificate shows the location of the building, Lowest Floor Elevation, building characteristics, and flood zone. Your insurance agent will use the EC to compare your buildings elevation to the Base Flood Elevation or Base Flood Depth of the property for rating the cost to cover your flood risk.
If some of your neighbors have been successful in changing the flood zone classification by undertaking an elevation certificate with a licensed land surveyor, then perhaps this is something you should consider. While there are no guarantees, an elevation certificate is a pro-active step in terms of understanding whether you could benefit from any cost savings on your flood insurance premium.
An elevation certificate is important for the following reasons:
TKM Land Surveyors LP will take the necessary measurements and pictures for the elevation certificate and provide you with an assessment of the results. FEMA will ultimately make decisions with respect to risk which will be used by the insurance company to calculate your premiums.