Flood Rezoning Means Possible Higher Insurance Costs

ROCKINGHAM COUNTY, Va. (WHSV)--- Almost twenty percent of Rockingham County homes are at risk for flooding.

The county has been mandated by FEMA to redraw flood maps that will classify more properties as flood risks. This means some homeowners in the Valley will have to purchase or pay more for already high flood insurance.

"That adds about $300 or some a month to your mortgage payment.
and what that will do, it will cause people to not be able to make their mortgage payment, and, or, the value of their houses will come down by that amount," said Greg Turner, a Broadway resident.

The county has tabled the flood updates for later discussion. Those updates, which are due by August 18, are necessary to meet FEMA guidelines.

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