FLOOD MAPPING INFORMATION
The Borough of West Cape May provides information regarding flood map inquiries, including but not limited to information on: flood depths, base flood elevation ("BFE"), LIMWA, FIRM, SFHA, V-Zone, historic flooding, mean high water, sea level rise, projected sea level rise, category 1 hurricane storm surge, projected special flood hazard area in 2050 and marsh mitigation.
For additional information, contact Lou Belasco at firstname.lastname@example.org or (609) 884-1005 ext 103.
FLOOD PROTECTION ASSISTANCE
West Cape May provides information on flood proofing, grant funding resources for home elevations and flood proofing, Increase Cost of Compliance ("ICC") and flood insurance. For additional information including some sample policy forms for download, please scroll to the bottom of this page.
Elevation Certificates - Who Needs Them and Why
Most homeowner's insurance policies do not cover damage caused by flooding. This damage is not covered under homeowner's insurance. NFIP offers up to $250,000 in flood insurance coverage for building property (your home) and up to $100,000 for personal contents (your belongings). Although these coverages fall under one policy, the coverages may be purchased seperately so that renters can obtain only personal contents coverage if desired. If you are a homeowner wishing to protect your home and belongings, be sure to request both coverages.
For specific information about what is covered and not covered, visit the National Flood Insurance Program Summary of Coverage by clicking here.
The risk is real. It does not take a major body of water or a significant storm to cause flooding. A flood can occur because of a slow-moving rainstorm, snowmelt, land development runoff and more. High-risk areas have a 1 in 4 chance of flooding during a 30-year mortgage. While moderate-to-low risk areas have a reduced risk of flooding, these areas are responsible for nearly 25% of flood insurance claims.
According to FloodSmart.gov, just one inch of water in a 1,000 square-foot home can cause over $10,000 in damage. That cost grows with the severity of the flood.
Estimated Cost of Flooding (based on a 1,000 square-foot home)
Four-Foot Flood: $39,950
One-Foot Flood: $27,150
Six-Inch Flood: $20,150
One-Inch Flood: $10,600
When available, federal disaster assistance can cost more than a flood insurance policy. Federal disaster assistance is not insurance. It is only available when a disaster is federally declared, and usually comes in the form of a loan with interest. A flood insurance policy is often the less expensive option.
The best time to buy flood insurance is NOW! There is typically a 30-day waiting period before a policy takes effect after purchase.
Dwelling Policy Form
General Property Policy Form
Residential Condominium Building Association Policy Form