JUPITER, Fla. — Many Jupiter residents say they were not living in flood zones a years ago — but things have changed.
With new FEMA flood maps taking effect next month, some will have to start shopping for flood insurance.
That's what drove nearly a hundred Palm Beach County residents to the Jupiter Community Center to find out if their homes lie in flood zones, like Steve Tassini.
“Well, I was actually a little surprised because I live relatively close to the beach, about half a mile. So to find out I'm in what they call an X zone, it's pretty safe,” stated Tassini.
Real Estate News
Do you know if you're in a flood zone?
The X zone means low risk. The new FEMA maps change will force many to purchase flood insurance.
Tassini already pays for it and has seen the price rise over the years.
“It’s up 50% or 40% in four years, which is better than my home insurance is doing but it’s still pretty expensive,” shared Tassini.
Tassini says he pays approximately $900 for flood insurance and it’s a price he’s willing to pay to protect his home.
"I’m not going to take the chance,” stated Tassini.
The Carl family also came to seek answers about their future condo in Juno Beach.
“We hope we find out that it’s not in a flood zone,” stated Felicia Carl.
They’re facing a tough decision due to the high costs of flood insurance.
Real Estate News
Why new FEMA flood maps are causing frustration in Palm Beach County
”We would love to be able to buy one of the units and the flood map is going to really make that decision difficult if we are affected by it,” stated Felicia.
According to FEMA, approximately 5,000 properties have moved to high-risk flood zones, and 900 properties have been downgraded to low- or medium-risk flood zones.
Palm Beach County officials say if homeowners do not purchase flood insurance by Dec. 20, they could face higher insurance rates afterwards.
Meanwhile, the Carls, who are from New York, are waiting to hear their future home will not be affected.
“We had to deal with Sandy a number of years ago,” stated James Carl. "And we don’t want to deal with floods again.”
Read WPTV's latest "Coverage Collapse" stories below:
-
Want added protein? Be prepared to pay extra for that boost
While protein is important for your health, not all added protein products are worth it for your body or your wallet.
4th of July cookout costs up 4% this year
A 4th of July cookout for 10 now costs $73.82, up 4% from last year, driven by inflation across key grocery items.
Sizzling summer savings as stores roll out Fourth of July sales
As a heatwave hits much of the US, retailers are rolling out sizzling 4th of July sales. It's a great time to shop in an air conditioned store, but there are some things to wait on.
Shortchanged by insurance: How to avoid costly surprises after a crash
Insurance companies often base repair estimates on cheaper aftermarket parts, not original manufacturer parts, which can cost you thousands of dollars. Here's why.
