If your home or business is in a high-risk area, your insurance agent will likely need an Elevation Certificate (EC) to determine your flood insurance premium. Floods mean rising water. Knowing your building’s elevation compared to the estimated height floodwaters will reach in a major flood helps determine your flood risk and the cost of your flood insurance. An elevation certificate documents the elevation of your building for the floodplain managers enforcing local building ordinance, and for insurance rating purposes.
How an Elevation Certificate Is Used
If your building is in a high-risk area—a zone indicated with the letters A or V on a Flood Insurance Rate Map (FIRM)—the elevation certificate includes important information that is needed for determining a risk-based premium rate for a flood insurance policy. For example, the certificate shows the location of the building, Lowest Floor Elevation, building characteristics, and flood zone.
Your insurance agent will use the elevation certificate to compare your building’s elevation to the Base Flood Elevation (BFE) shown on the map being used for rating and determine the cost to cover your flood risk.
The base flood elevation is the elevation that floodwaters are estimated to have a 1 percent chance of reaching or exceeding in any given year. The higher your lowest floor is above the base flood elevation, the lower the risk of flooding. Lower risk typically means lower flood insurance premiums.
Who Needs an EC
For certain high-risk structures, an elevation certificate is required by an insurer as a condition for issuing flood coverage. There are exceptions. For example, if your building was constructed before your community’s first FIRM became effective (known as pre-FIRM) and you are eligible for a subsidized rate, you do not need an elevation certificate to purchase coverage. However, subsidized rates for pre-FIRM buildings are being phased out through annual premium increases. Your full-risk rate is specific to the property, and an elevation certificate will be needed to calculate the property-specific full-risk rate. Depending on your elevation, the full-risk rate could already be lower than the subsidized rate. 2APRIL 2015ECs are not required and are not used for rating in moderate- to low-risk areas (Zones X, B, and C), undetermined risk areas (Zone D), or certain high-risk areas eligible for other subsidies (e.g., Zones AR and A99). If you need to document that your building is in one of these zones, you can simply provide a copy of the current FIRM that marks the building’s location or obtain a letter signed and dated by a community official listing the building’s address and flood zone. The property will remain eligible for the NFIP grandfather procedure if continuous coverage is maintained.
When You Need a New EC
If you make substantial changes to your building in a high-risk area—for example, you make an addition to your home or convert the garage to living space—you likely need a new elevation certificate to reflect the new building characteristics and Lowest Floor Elevation.
When You Do Not Need a New EC
As long as the structure information on your elevation certificate is accurate, you do not need a new one. If you get an elevation certificate from the previous property owner or have a copy of the one on file with your community, your insurance agent can use the certificate to rate your policy. If your community adopted new FIRMs and your building has not changed, your insurance agent can rate your policy using the information on the old elevation certificate and the FIRM used to rate your policy. However, you might need to provide additional information, such as new photographs of your home or business.
Plan for the Future
Building code requirements might change over time as flood risk changes and maps are updated. If you are remodeling or rebuilding, consider elevating to lower your flood risk, which, in turn, can lower your flood insurance rates and reduce the financial impact of the next flood.
Where do you get a Flood Elevation Certificate
Hire a licensed land surveyor, professional engineer, or certified architect who is authorized by law to certify elevation information. . With competitive pricing, Mid-Penn Engineering has been preforming this service in the Central Susquehanna Valley for over 50 years! Please feel free to contact us for a more detailed explanation of the process and get a quote.
• Base Flood: The flood having a 1 percent chance of being equaled or exceeded in any given year.
• Base Flood Elevation (BFE): The water surface elevation, expressed as an elevation above sea level, of the base flood. This is the minimum elevation a community must adopt for building standards.
• Flood Insurance Rate Map (FIRM): A map issued by the Federal Emergency Management Agency (FEMA) showing flood hazard areas, BFEs, and risk premium zones.
• Pre-FIRM: Buildings constructed before the community’s first FIRM. Communities might not have elevation information on file for these properties.
• Post-FIRM: A building constructed on or after the date of the initial FIRM for your community. FIRM effective dates can be found at FEMA.gov/FEMA/csb.shtm.
information obtained from 2015 FEMA fact sheet