City of Fremont, California - Home Page
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Why is my lender requiring the purchase of flood insurance?
Under the Flood Disaster Protection Act of 1973 and the National Flood Insurance Reform Act of 1994, lenders are obligated to review the current NFIP maps to determine a structure’s location relative to the published Special Flood Hazard Area. If the lender determines that the structure is within the Special Flood Hazard Area, the borrower is notified to obtain flood insurance as a condition of the loan.

Engineering - Flood Information

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1. How does the NFIP benefit property owners? Taxpayers? Communities?
2. Is the purchase of flood insurance mandatory?
3. Why is there a requirement to purchase flood insurance in communities that have not suffered flooding in many years or ever?
4. Why is my lender requiring the purchase of flood insurance?
5. What if I disagree with my lender’s determination that I am in the flood zone?
6. How can a property owner determine if the property is in a Special Flood Hazard Area?
7. Are discounts offered for flood insurance premiums?