West Palm Beach, FL (ContentDesk) January 20, 2006 — Flood Zone Correction, Inc., the leading flood zone correction company in the nation, urges all property owners to take a moment during the new year to evaluate the flood risk of their homes and buildings, correct the flood zone classification if it is wrong and adjust flood insurance coverage to meet respective needs and budgets. Doing so creates educated flood insurance customers, improves the value of properties and saves money - always a top ten resolution.

Federal regulations require lenders to impose flood insurance coverage as part of loan agreements for structures located in flood zones, zones often depicted on outdated maps. The mortgage companies do not evaluate all of the flood risk characteristics of a structure before determining whether or not it is in or out of a flood zone. There is a significant inequity inherent to the National Flood Insurance Program (NFIP) which is administered by the Federal Emergency Management Agency (FEMA).

NFIP regulations ensure that they are not, states Dan Freudenthal, president of Flood Zone Correction, Inc. Freudenthal continues, The NFIP mandates communities to adopt floodplain regulations in exchange for making flood insurance available to the communities property owners. This is a fair trade, and it forces local communities to be proactive in mitigating losses resulting from floods.

Pages: 1 2