A southern Indiana city is awaiting a federal agency’s decision on revised floodplain maps that could save more than 400 homeowners thousands of dollars each year in insurance costs.
The Federal Emergency Management Agency is updating Jeffersonsville’s floodplain maps along the Ohio River and smaller local waterways. The city has suggested some changes that could move hundreds of homeowners out of the 100-year floodplain.
Jeffersonville City Engineer Andy Crouch tells the News and Tribune the city used Indiana’s recently completed update topographic mapping to support its argument.
Allstate Insurance Agent Brian Wright says flood insurance can cost a homeowner as little as $250 a year and as much as about $2,400 a year for homes located in a floodplain.
Was this article valuable?
Here are more articles you may enjoy.
‘Tow Godz’ and Auto Glass Businessmen Charged in Carolina Fraud Schemes 
Bring It On: AI Strategy Sways Underwriter Choices of Employers 
Why El Niño’s Promise of Quieter Hurricane Season May Not Be Good News for Insurers 
Troubled Alabama City Loses its Liability Insurance Coverage 
