not exactly, recently(5/16) I came upon an article in PIA trade magazine addressing this frequent question. If I am in 100 year flood plain and recently experienced flood damage am I in the clear for next 99 years? The 100 year flood label means that severity has a 1% chance of happening in a given year, not that it could happen once per century. Many factors are said to go into these labels, such recent building in area(homes, shopping malls, parking lots etc), weather patterns etc. This is why FEMA has recently remapped areas.
Posted Wednesday, September 21 2016 10:19 AM
Tags : 100 year flood, insurance, flood
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