If you are a resident in the Shoreview neighborhoods of San Mateo, you have been paying for flood insurance for some time.  Starting in 2009 about 85,000 property owners will be required to do the same.

FEMA has announced that they will be up-dating the flood hazard map for the city of San Mateo by January 2008.  The change will affect neighborhoods south of Highway 92 and East of El Camino Real.  This change might include neighborhoods such as Fiesta Gardens and San Mateo Village.  Flood insurance will be required for properties secured by a loan that are located on the new flood zone map.  Previously homeowners who obtained flood insurance prior to the mandatory date, which is expected to be in 2009, were able to get a better deal.  You might consider calling your insurance agent to lock in a $300 premium compared to $1000.

The City Department of Public Works has copies of the preliminary/revised Flood Insurance Rate Map.  To receive a copy of the section that shows your property, call: 650.522.7300.

For more information go to: http://www.cityof sanmateo.org

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