Obviously, flood insurance is a popular topic for shore property owners.

A few key points:

1) The flooding from Sandy is not a factor with your current insurance rate or the elevation requirements.  Older homes located in “high and dry” locations may still be non-conforming with the elevation levels.

2) Flood insurance is only required by lenders.  If you are a shore property owner fortunate enough to own your home free and clear, you can weigh the cost versus benefit.

3) The revised FEMA maps for Cape May County will be available within the next few weeks.  Based on the revised maps just released for Atlantic and Ocean Counties, we expect favorable flood zone ratings for most of the island (remaining as A zones).  The elevation requirements will likely stay at the same level as published.   The current link for the FEMA map is: FEMA Map   This may work for the revised maps,too-  if not, I will provide a new link.