As all eyes focus on Florida voting, Flood Zone Correction, Inc., the nation’s first flood zone correction company, recommends scrutiny of Florida’s high-risk flood zone designations and urges all property owners to exercise both their civic and consumer rights. Florida property owners maintain approximately 40% of all flood insurance policies and pay over 32% of all flood insurance premiums in the nation, according to statistics provided by the Federal Emergency Management Agency (FEMA), the federal agency that administers the National Flood Insurance Program (NFIP).

Florida property owners purchased over 1.8 million flood insurance policies through the NFIP at a cost of more than $616 million. Over the 25-year period (1978-2003) tracked by FEMA, Florida’s yearly claim payments average $61 million.

Florida puts into the NFIP and what Florida receives from the NFIP. “About ninety cents of every dollar of premium paid by Florida property owners goes to pay flood claims in other parts of the country and that’s just not fair,” states Dan Freudenthal, president of Flood Zone Correction, Inc. “I urge Floridians to stop subsidizing the claims of other property owners in other parts of the country.

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