![]() It also features information on mitigation options that homeowners can use to lower unaffordable premiums. The website includes information on recent legislation impacting flood insurance, as well as easily understandable descriptions of the different flood zones and flood insurance policies. Homeowners simply search for their address to get their specific flood risk information, including their current flood zone and whether it is expected to change. The Center for NYC Neighborhoods launched because there was a clear need for consumer-friendly information about flood insurance and complex upcoming changes that will affect families who live in coastal communities.į is an interactive, simple to use website where New Yorkers can access information about their flood risk and insurance rates. It's an expense many families cannot afford. FEMA is in the process of updating New York City’s flood insurance rate map the new map, when it goes into effect, may double the number of properties required to get flood insurance, reaching 400,000 people. For New Yorkers, these rising costs are just the beginning. This means hundreds of dollars out of homeowners' pockets every year, which will especially hurt the tens of thousands of low- and middle-income families living along the coastline. This year, New Yorkers who live in the flood zone saw their flood insurance rate increase by up to 18% - and for families whose homes were damaged during hurricanes Sandy and Irene, increases were up to 25%. Organization Name: Center for NYC Neighborhoodsįlood insurance rates in New York City are rapidly increasing.
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