Confirming Flood Status on the Correct Structure: Why an Address Point Isn’t Enough

When it comes to determining an accurate flood zone status of a property, and more importantly the structure, It's critical to ensure the determination is being done on the correct parcel! Unfortunately, many of our competitors and real estate professionals rely solely on an address point to verify flood zone status. This often results in an incorrect determination being completed.

Here, we share a real-life example that perfectly illustrates this issue. 

We recently produced a flood determination for a lender on new construction, and upon searching for the structure, here's what our experts found:

• When searching using only the address point of the new construction home, a GIS system returned the property shown more to the north on the map. (A)

• MyFloodStatus' 5-step verification process discovered the actual new construction was happening over 2000 feet south of the address point provided. (B)

• Flood determination providers who value speed over accuracy would have returned an incorrect flood certificate for this property.

MyFloodStatus' detailed process exceeds that of our competitors and the industry standard.  We perform extra due diligence, including human analysis and manual verification, to ensure we are completing the flood determination on the correct parcel.

MyFloodStatus is a flood zone determination company.  We do not provide flood insurance. Please consult with a flood insurance agent to understand flood insurance premium options. The information provided is for informative purposes only and is not intended to be legal advice or a legal opinion. For legal advice, please consult an attorney.