It’s obvious the future owner of a beach front property will purchase flood insurance. Most future property owners do not realize, however, that non-coastal regions are often just as vulnerable to floods as coastal regions. They may be unaware that certain regions are mandated to be insured for floods to prevent future costs. At Advanced Data, we will determine which structures are required to be insured under the National Flood Insurance Program.
Advanced Data has access to an industry leading database in accordance with the FEMA Standard Flood Hazard Determination. We use technological advances to make speedy determinations of flood zones, and we increase our accuracy by checking the results to ensure the correct property and structure location.
In addition verifying the information we deliver, we use the LPS CertMap which can provide a working map of the floodplain to visually answer questions borrowers may have. Advanced Data is not just a determination provider, we are a flood information provider.
We strive to listen to your needs and provide customized solutions, delivering quick and accurate results. Whether it be a one time basic determination or a life-of-loan determination updated as FEMA changes flood insurance rate maps, we will provide the services you need to best serve your borrowers.
