If your home loan is going to be insured or issued by the U.S. government, an elevation certificate may be required before the loan will be approved. Your lender requires flood insurance.

If your home is in a flood-prone area, obtaining a certificate can help lower your flood insurance premium. For example, a slab-on-grade home with a 1.25-foot FFH could qualify for a 9.85% ...

When do you need an elevation certificate? Elevation certificates are no longer required to purchase flood insurance under FEMA’s Risk Rating 2.0. However, homeowners can choose to provide one ...

A flood elevation certificate shows your home's elevation relative to potential floodwaters. It’s used to assess your flood risk and set your flood insurance rates.

Your elevation is held up against the area’s base flood elevation, which is the level that water would reach in a 100-year flood. Let’s say you’ve been paying $800 a year for flood insurance.

And you may be required to get an elevation certificate. 4. If you have a mortgage, flood insurance almost always is required.

For structures experiencing premium increases, elevation certificates alone could help mitigate pricing. Elevating utilities is now a risk and premium reduction activity, new under Equity In Action.