When it comes to deciding on which flood insurance policy to get, you might want to consider several factors first. One of these factors is whether your house is at risk of a flood in the first place. Do you live in a low area where there’s no possibility of ever experiencing such a risk?
Or are you part of an area that historically has seen flooding? The chances of getting a flood in your home may make this issue a factor in deciding which flood insurance policy to purchase. Let’s take a look at some of the other uses of elevation certificate maps.
One reason to use one of these maps is when you want to rebuild or repair your home. This is especially helpful if you are considering building on or near flood zone areas. Flood zones often require the building of higher ground to be built on.
If you live in such an area, the certificate will show that you have made the necessary adjustments to your home so that it cannot become damaged by flooding. Such a move can also help you avoid additional expenses on flood insurance.
You may also be interested in obtaining flood insurance to protect your home against damage that can occur even if you’re not expecting a flood to occur. For example, tree limbs can fall and cause damage to your home. Heavy rain can also come down with enough force to damage your roof.
A flood map can help you determine which areas of your home are most likely to incur such damages in the future. If you are interested in selling your home, a flood map can be useful as a reference. If your home hasn’t experienced a major disaster in the recent past, you shouldn’t bother checking the elevations of the walls.
It would be much more important to check the elevations of your foundation, the structural integrity of the building, and the condition of your roof if you intend to put your home on the market. If you think that you have a high risk of flood or a flood has recently occurred in your area, then you should definitely obtain a flood insurance policy.
If you are planning to buy a home in the future, it is also good to check the elevations of your existing home. This will give you an idea about how much work it will take to bring your home up to current standards. Buying a home that was built before codes were in place might cost a lot more in the long run than buying a home that is currently up to code.
You will end up spending a lot less money in the long run if you purchase a home that was built according to local standards. Your certificate can also be important for you to obtain a mortgage. Your certificate will state the exact location of your property.
You might be required to purchase an insurance policy with higher premiums if you plan to raise your property in the future. The certificate holder is also responsible for clearing away debris and inspecting the property after a storm. Some insurance companies offer additional discounts for those who own their homes with a certificate of elevation.
Sometimes it is worth paying slightly more in order to have peace of mind that your property is insured adequately. This does not mean that insurance companies do not offer discounts. Sometimes they will offer special promotions or a rate reduction just for having a certificate holder on file.
The certificate of elevations issued for properties in South Carolina is meant to alert property owners of any potential danger to their property. It is a legal document that proves that the property is in compliance with the standards set forth by the United States Elevation Commission. Now, do you need an elevation cert? The answers are explained here.
If you own or rent a house and want to make sure that your property is up to par with the law, a certificate of elevations is a great way to make sure.