What Homeowners Need to Know About Elevation Certificates
Having an Elevation Certificate that officially documents your home elevation is essential if your home is located in a high-risk flood area. Be sure to give the certificate to your insurance agent in order to secure invaluable flood insurance that covers your risk. An Elevation Certificate also assists you when moving forward with any home additions or rebuilding plans.
How to Find Your Home’s Elevation
– Contact the proper government office that keeps elevation documentation on file. The individual you often need to contact is the floodplain manager.
– If this information is not on file, consider hiring a State licensed surveyor to create an official Elevation Certificate. Keep in mind that costs for this can run anywhere from $500 up to $2,000+. Although this might seem expensive, the value of obtaining flood insurance far outweighs these costs.
After You Get the Certificate
– Give your insurance agent one copy and keep another for your records.
– Your agent will use this information to assess your risk and monthly insurance rates.
For even more detailed information please open this helpful PDF