It is important to investigate your flood risk status and contact your insurance agent to make necessary modifications to your coverage while the maps are still preliminary.
If your building is not currently in the floodplain but will be based on the updated DFIRM, it’s important to purchase flood insurance before the updated maps become effective as you might qualify for a plan at a reduced rate. If your building is currently in the floodplain, it’s still important to check your future flood risk status, as your coverage may need to change based on your situation.
Talking to your insurance provider is recommended if your building is in or out of the floodplain to make sure you are protected.
Note: Some mortgage providers may also require flood insurance if the floodplain is on your property and does not touch your building.