Foster Survey Company Solutions: eLOMA Eliminates Federal Flood Insurance

FEMA Special Flood Hazard Area Glocester, RI Would you like to reduce or eliminate Federal Flood Insurance altogether? Does it surprise you that even though you’ve been told you need FEMA Flood Insurance, that you might not need it at all? And, did you know that even when FEMA maps your house in a flood zone that the FEMA mapping could be incorrect? In this Foster Survey Company Solutions case study, we’ll investigate an example where two homeowners, Mary and Joe, discover that the FEMA mapping of their property is incorrect and that flood insurance is now not mandatory. More importantly, you’ll learn how Foster Survey Company can work with you and FEMA, by preparing an eLOMA Letter of Map Amendment, to remove your house from the Special Flood Hazard Area (SFHA), effectively eliminating Federal flood insurance purchase as a condition of Federal or federally backed financing. Foster Survey Company Solutions: eLOMA Eliminates Federal Flood Insurance […]