What if the borrower disagrees with the flood zone on the flood determination?
It is not uncommon for other parties, such as borrowers, surveyors, community officials, realtors, insurance agents, builders, or appraisers to have differing opinions about a propertys flood zone designation. This can occur for a variety of reasons: (1) Reliance on information other than the Flood Insurance Rate Map, (2) Historical information that differs from the flood map, (3) Updated information not reflected on the flood map, (4) Different interpretations of the flood map, or (5) A resistance to paying for the required flood insurance. When a dispute over a flood zone determination occurs, a discussion of the methodology used to make the flood zone determination and a review of the flood map can often resolve the situation. By contacting First American, we will gladly assist in this review and hopefully aid in resolving the dispute.
