Flood Insurance Promotion Meeting - October 22nd at 5:00 PM
Posted: September 13th 2024
Dear Residents and Homeowners:
Cape May Point is expanding its public outreach to residents in and adjacent to the Special Flood Hazard Area. Currently, residents receive a 20% discount on flood insurance rates since our community is Class 6 in the Community Rating System (CRS). This rating is based on the various activities that the Community does. Buildings located in the Flood Hazard Area are required to have Flood Insurance. Buildings being insured help our town respond quicker after a flooding event. If you have a federally backed mortgage you are required to have Flood Insurance. Please read the attached brochure that explains more about Flood Insurance. I encourage you to carry Flood Insurance to help protect your home.
We will hold a meeting on October 22nd at Convention Hall at 5:00 PM. The meeting is being sponsored by Flood Risk Evaluator (FRE). We will have insurance agents, engineers, and our floodplain manager in attendance to help review your documentation to make sure your home is being rated accurately. There is no cost or obligation to change your insurance as part of this review.
Please bring your elevation certificate, flood insurance declaration page and two pictures of the exterior of your home. We hope to see you at the meeting on October 22nd. If you can’t make this meeting, please try to attend one of the other sponsored meetings held throughout the year.
We will also be discussing the proposed NJPACT/REAL rules proposed by the NJDEP. Peter Lomax of Lomax Consulting will be making a presentation sponsored by the Cape May County Board of Commissioners.
If you have any questions, please reach out to Paul Dietrich, Floodplain Manager at 609-884-9537.
Very truly Yours,
Robert J. Moffatt, VMD
Mayor
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