How an overhaul of federal flood insurance could impact the Jersey Shore in 2020

NOAA flood map, new jersey

AVALON ZOPPO / PRESS OF ATLANTIC CITY – Pat and Alonzo Bailey live in a modest, one-story house two blocks from the bay in Bungalow Park.

The couple say they spend about $2,600 on flood insurance annually, a rate determined by three factors — the elevation of their home, its location in the 100-year floodplain and a lack of flood vents on the foundation.

Starting next October though, the Federal Emergency Management Agency may begin using many more variables to pinpoint exactly how much the Baileys should be paying, using “state-of-the-art” data collection provided by the private sector …

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