The Importance of an Elevation Certificate for Pre-FIRM Buildings

Was your house built before 12/1/1974? If so, it is likely considered pre-FIRM. FEMA identifies a building as either pre-FIRM or post-FIRM, depending on its construction date in relation to the first Flood Insurance Rate Map (FIRM) issued for a community.  Most initial FIRMs were issued in the mid ‘70s.  The significance of this designation is that prior to FEMA producing a FIRM for you community, it is very likely that your community had not adopted any codes designed to minimize the impact of flooding on new construction projects.  So, if you are paying for flood insurance on a Pre-FIRM building, then you started out with the NFIP’s subsidized pre-FIRM rate.  Subsidized sounds like a bargain, right?  Not necessarily.