Lowcountry community’s leaders hope new maps could reduce flood insurance costs for some

VIDEO: Lowcountry community’s leaders hope new maps could reduce flood insurance costs for some

FOLLY BEACH, S.C. (WCSC) - FOLLY BEACH, S.C. (WCSC) - Folly Beach leaders say they expect some of their island residents to face lower flood insurance rates when new flood zone maps are released.

Those maps, which being released for Charleston County, go into effect next Friday and will affect everyone who lives in the county. What the maps show about flood hazards could prompt changes in how much residents pay for flood insurance.

Folly Beach Town Administrator Aaron Pope said city leaders will meet Friday at 1 p.m. to make administrative changes to its flood zone ordinances to make sure they continue to be compliant with the National Flood Insurance Program. Folly Beach, like all coastal communities in the state, participates in the program.

The entire city of Folly Beach falls under a special flood hazard zone.

Pope says the city worked for years to actively regulate flood zones with steps like requiring homeowners to elevate their homes to certain levels. Since most homes there are already built up, Pope says that could translate into a lower cost for flood insurance coverage for residents in certain areas of the island. That means their insurance bills could change for the better.

Charleston County’s flood zone maps were last updated in 2004.

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