PB County pushes for cheaper flood insurance

County, cities appeal proposed flood maps, citing study by South Water Management District

TRD MIAMI /
Aug.August 16, 2015 12:00 PM

Example of South Florida coastal flooding

Thousands of property owners in central Palm Beach County could qualify for lower flood insurance rates if the Federal Emergency Management Agency (FEMA) alters its maps highlighting areas prone to flooding.

The South Florida Water Management District has completed a study showing that peak elevations of water following an unusually strong storm are lower than FEMA estimates for areas along the C-51 canal, which spans the mid-section of Palm Beach County from the Lake Worth Lagoon to Lake Okeechobee.

“In a couple of areas, it’s as much as a foot difference in water elevation levels. in other areas, it’s six inches,” Palm Beach County water resources manager Ken Todd told the Sun Sentinel.

Palm Beach County, West Palm Beach and several other cities in the county have formally appealed the proposed FEMA flood maps, citing the findings of the South Florida Water Management District. Proposed revisions to the FEMA maps were submitted in April.

Todd said if FEMA approves the map revisions, thousands of properties would have a lower official risk of flooding and property owners collectively would save “millions” of dollars through lower flood insurance premiums.

FEMA reported in 2014 that C-51 canal flooding in a severe storm would affect West Palm Beach as well as Cloud Lake, Wellington, Royal Palm Beach, Palm Springs, Loxahatchee Groves, Lake Worth, Lake Clarke Shores, Haverhill, Greenacres and Glen Ridge, along with unincorporated areas of central Palm Beach County.

While the appeals process advances, premiums for flood insurance in Palm Beach County remain based on a federal flood-zone map that insurers have used since the 1980s. [Sun Sentinel] – Mike Seemuth


Related Article

arrow_forward_ios
Dealing with rising sea's will be tricky for Miami

How can Miami cope with two extra feet of water by 2060? ULI experts weigh in

Mexico Beach, Florida, in the aftermath of Hurricane Michael in 2018 (Credit: Getty Images)

Fitch to include natural disasters risks to RMBS ratings

Hurricane damage in Florida (Credit: iStock)

“No one should be lending for 30 years in most of Florida,” financial climate analyst warns

This is how Miami-Dade plans to protect itself from climate change

Institutional investors are factoring climate change into real estate deals in coastal cities: panel

Insurance premiums could rise as more extreme storms hit coastal markets

When snow is a no-show: Climate change threatens ski resorts, nearby home values

Glaser and partners propose 15-acre “West of West” district in South Beach

arrow_forward_ios