With its close proximity to the Atlantic Ocean, along with its many inland lakes and streams, Daytona Beach, FL is considered to be in a floodplain making it a necessity for homeowners to obtain a flood elevation survey to protect their property from flood damage. In 2009, a massive amount of rain drenched Daytona Beach and surrounding Volusia County communities in over twenty inches of rain that flooded many homes, roads and businesses, including the infamous Daytona Beach Speedway.
A homeowner’s insurance policy doesn’t cover property damage due to floods. Only flood insurance protects properties from flood damage. And a flood evaluation certificate is required in order for homeowners to purchase flood insurance from the National Flood Insurance Program, a government program offering affordable flood insurance to homeowners living in a Flood Hazard Area. The Flood Evaluation Certificate defines the elevation at which the living space inside the property is relative to the Base Flood Elevation. The higher the elevation is the lower the insurance premium and vice-versa. Flood Evaluation Certificates are very inexpensive. The National Flood Insurance Program's flood insurance covers up to $250,000 of the property's value and $100,000 for personal belongings located inside the property.
It's important for homeowners who live in Daytona Beach, FL to obtain a flood elevation survey to understand the potential risk of flooding where their home is located. Since torrential rain can occur at any time, residents living in inland areas are not immune to flooding, especially if lakes and streams overflow onto local streets. Flooding can cause a large amount of damage in a very short period of time. Without flood insurance homeowners are on their own to repair any property damage.
To schedule a flood evaluation survey and obtain a flood elevation certificate for your Daytona Beach, FL property, contact us at (386) 740-4144 or order online today!