Inaccurate FEMA flood maps affect many property owners – even if the property isn’t located near an ocean, lake or river.

If property is located in the area FEMA has designated as floodplain, higher rates for insurance and difficulty selling the property is a common result.

Additionally, owners run a higher risk of experiencing a flood event. Flood maps are issued by the Federal Emergency Management Agency (FEMA). These maps are used as the basis for property insurance rates, permitting for construction, and are part of the documentation mortgage lenders require.