Condo Associations Nationwide

1. Has your community been determined to be in a flood zone forcing the Condo Association and the individual unit owners to carry flood insurance?

2. Do the unit owners association fees pay for the flood insurance for the common buildings?

3. Would they like to reduce flood insurance premiums or eliminate them entirely?

4. Are the Condo Association and individual unit owners paying for unwanted flood insurance. 

If you have answered yes to any of these... Read On!!

You are required to carry flood insurance because it has been determined that at least a portion of your community's property is located in a SFHA with a 1% annual chance of flooding. The federal government requires flood insurance on properties located in a SFHA unless the flood zone is changed or clarified by FEMA. In at least  60% of the cases we have reviewed the flood zone determination was wrong and flood insurance should not be required.

You have the right to dispute the flood zone determination and have it changed if it is wrong. Be proactive and get informed. It's your community's money you are wasting!!  And it is your community's money you will save each year. 

Not only is flood insurance very costly with the average unit owner paying $500.00 annually in premiums but the fact is that in addition to wasting a considerable amount of money, properties that have a flood zone designation attached to them are harder to sell and do not bring the full potential value when they are sold. This is due to the flood zone designation and the additional cost associated with owning the property.  

We can  help you change this...

Since 1986 the professionals at Flood Zone Specialists, Inc. have successfully represented Condo Associations with flood zone changes and saved them millions of dollars in wasted premiums annually. Our extensive contact network with FEMA and knowledge of the procedures and requirements for a flood zone change enable us to obtain flood zone changes. Because we carefully assemble and review each case we are able to predetermine the outcome on the cases we evaluate. Only those cases that have received our pre approval are submitted to FEMA final review and approval. 100% of the pre approved cases we submit to FEMA for a flood zone change are approved by them.

Our services are offered on a flat fee basis. Once your flood zone change is approved you are entitled to a full refund of any NFIP policy premiums paid for the current year. Your refund generally covers our fee so the cost to you is absolutely nothing. From then on it is money in the bank for the association and the unit owners each year!!

Are you ready to start saving??

The fist step is to let the Flood Zone Specialists provide you with a free evaluation of your property and the current flood zone. We have determined that over 60% of the flood zones nationwide are incorrect and can be changed. Is your community one of these?

Once we have reviewed your case file and have determined if the flood zone on the property can be changed we will contact you with our determination. If we have determined that the property can be removed from the flood zone successfully our next step is to petition FEMA for a flood zone change on your behalf. Only those cases that we have pre approved are forwarded to FEMA for final review and approval. We maintain a 100% approval rate on the pre approved cases we submit to FEMA. The process takes approximately 4-8 weeks from the date of submission.

Once the final approval is issued by FEMA you are entitled to a full refund of the flood insurance premium that has been paid for the current year as long as the policy is a  NFIP policy and no claim has been filed. Or if the community chooses they can obtain a preferred risk policy with the amount of coverage they would like. When making a decision regarding the flood insurance policy changes consult with your insurance agent and decide which option is best for the community.  Either way the association and the unit owners save each year. 

The end result is our service may not cost you anything. Each year forward, the condo association and the unit owners save. Also, as a bonus the value of the property in your community has increased.

What would your community do with the extra $$$


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