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Flood Zone Statement and Authorization Delaware Form

Flood Zone Statement and Authorization Delaware Form

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[Music] the investigation of flood problems was facilitated by the passage of the national flood insurance act of 1968 or nfia the nfia established a means by which the property owners can obtain flood insurance with the national flood insurance program or nfip the federal emergency management agency fema is the administrative entity created to police the nfip by investigating and mapping regions susceptible to flooding you've probably heard of this entity before as they respond to any large natural disaster any flood zone designated with the letter a or v is a special flood hazard area and is to be disclosed as a natural hazard on the nhd statement zones a and v both correspond with areas with a one percent chance of flooding in any given year these are called 100 year flood planes a structure located within a special flood hazard area shown on an nfip map has a 26 chance of suffering flood damage during the term of a 30-year mortgage however zone v is subject to additional st

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