Friday, April 26, 2013
Homeowners are faced with a choice of elevating a home at a high cost or paying thousands more for flood insurance
Elevate, pay thousands more in flood insurance premiums or simply walk away from homes? That is the question on the minds of some Hurricane Sandy victims. The first floor of Craig Verran’s Manasquan home was totaled. A home that never took on water in its nine years is now being refurbished prior to Verran making his decision. “It’s a tough decision,” Verran said. “You either elevate or else. It’s an 'or else' situation. You’re going to face premiums that are unbearable.” In addition to $150,000 toward the damage to his home and car, Verran will be facing at least $75,000 to elevate his home or a $7,500 increase in his insurance, he said. Before Sandy, Verran’s home was 1 foot above the required elevation and not in a flood zone. Now, with…
Sunday, February 24, 2013
The resident-led organization wants to challenge FEMA's flood maps.
Grassroots organization Stop FEMA Now held a recent meeting in Toms River to discuss the Federal Emergency Management Agency's new advisory base flood elevation maps and their implications for residents along New Jersey's coast. Though the combination meet and great and rally ended early after being shut down by police because of safety concerns due to overcrowding of the meeting location, residents were able to share concerns and some answers regarding the flood maps.
Friday, December 14, 2012
The Advisory Base Flood Elevations will be published Saturday morning. FEMA hosted a teleconference Friday to explain the motivation behind the reports.
UPDATE: New "Advisory Base Flood Elevations" are now posted to this interactive map. More resources are available on FEMA's ABFE page for New Jersey and New York. __________ New maps being released by the Federal Emergency Management Agency Saturday will recommend that residents in flood zones in 10 counties and 194 communities throughout the state consider raising their homes anywhere between one and five feet on average, FEMA officials said Friday. The maps, part of the agency’s Advisory Base Flood Elevations, are being published online Saturday morning and will likely be used by communities to help establish standards during the rebuilding process following the destruction of Hurricane Sandy. Although the data used in the storm does not…