Deadline Tuesday to purchase flood insurance under old rates

Homeowners and business owners in Douglas County have less than a week left to purchase flood insurance at the best possible rates before the U.S. Department of Homeland Security's Federal Emergency Management Agency's new National Flood Insurance Program rate maps go into effect, officials said Friday.

Douglas County is challenging the maps in federal court, but it will take some time before a ruling comes down.

The new maps are tools in the effort to protect lives and properties throughout Douglas County. By showing the areas of the community at high risk for flooding, the digital maps will help local officials manage floodplain development more efficiently, allowing business and property owners to make informed decisions about protecting their properties. 

The new digital flood maps for Douglas County will become effective on Wednesday. 

Property owners in a special flood hazard area with federally-backed mortgages are required to purchase flood insurance. Homeowners and business owners who take out a policy before Wednesday can take advantage of lower flood insurance premiums, saving hundreds of dollars annually. Any flood policy purchased on or after Wednesday could receive a higher rate if it is determined the insured property resides in a high-risk flood zone. 

For more information on the new digital maps and flood risks, residents should contact local community floodplain managers or insurance agents. Information can also be found at www.fema.gov, or www.floodsmart.gov.