KS 3.0 hours Floods and other Natural Hazards - Course Syllabus
3.0 Elective Hours
A Flood Insurance Rate Map (FIRM) is a map created by the National Flood Insurance Program for floodplain management and insurance purposes. Digital versions of these maps are called DFIRMs. A FIRM will generally show a community’s base flood elevations, flood zones, and floodplain boundaries. A property owner/renter can use this map to get a reliable indication of what flood zone the property is in. However, maps are constantly being updated due to changes in geography, construction and mitigation activities, and meteorological events.
Land areas that are at high risk for flooding are called Special Flood Hazard Areas, or floodplains. These areas are indicated on Flood Insurance Rate Maps. In high-risk areas, there is at least a one in four chance of flooding during a 30-year mortgage.
A Non-Special Flood Hazard Area is an area that is in a moderate-to-low risk flood zone – Zones B, C, X Pre- and Post-FIRM. A Non-Special Flood Hazard Area is not in any immediate danger from flooding caused by overflowing rivers or hard rains.
However, it’s important to note that structures within a Non-Special Flood Hazard Area are still at risk. In fact, over 20 percent of all flood insurance claims come from areas outside of mapped high-risk flood zones.
Everyone lives in a flood zone–it’s just a question of whether you live in a low, moderate, or high-risk area. This course will review the National Flood Insurance Program. Upon completion, the real estate licensee will have a better understanding of flood maps.