Flood Insurance

FEDERAL FLOOD INSURANCE NOW AVAILABLE IN THE TOWNSHIP OF MASON,
CASS COUNTY, MICHIGAN

Washington, DC – The Township of Mason has joined over 20,400 communities nationwide that are allowed to purchase federally backed flood insurance. This availability follows the community’s adoption and enforcement of ordinances to reduce flood losses and acceptance by the National Flood Insurance Program (NFIP).

The Township of Mason is now a participant in the NFIP effective on January 26, 2010. Residents of the Township of Mason will be able to purchase flood insurance up to the limits under the Regular Phase of the program. However, there is a 30-day waiting period before flood insurance overage goes into effect.  For single-family dwellings, the building coverage limit is $250,000 and the contents coverage limit is $100,000. Renters can also protect their belongings by purchasing contents coverage.  For commercial properties, the building and contents coverage limits are both $500,000.

Lenders must require borrowers whose properties are located in a designated flood hazard area to purchase flood insurance as a condition of receiving a federally backed mortgage loan in accordance with the Federal Disaster Protection Act of 1973.

The NFIP is implemented through the Federal Emergency Management Agency. There are over 5.5 million flood insurance policies in more than 20,500 participating communities nationwide.

The Mason Township Board recommends homeowners to contact their insurance agencies to purchase flood insurance if applicable.

Janet Dull

Mason Township Clerk