NEW OFFICE HOURS EFFECTIVE MONDAY, FEBRUARY 15: All Tax Office locations will now be open from 8:00 a.m. OFFICE CLOSURES: ALL Fort Bend County Tax office locations will close at 12:00 pm on November 17th and December 15th for our annual Holiday celebrations. Please contact our office if you have any further questions at 28.
Watch a video of her and Sheriff Eric Fagan, Fort Bend County's first African American Sheriff since Reconstruction here: The 2021 Tax statements did not include a return envelope this year, please mail your 2021 payments to PO BOX 4277, Houston TX 77210-4277. Turner, MPA, is the first African American Tax Assessor-Collector for Fort Bend County since Reconstruction. We encourage you to visit the FEMA website and/or talk to your insurance agent as soon as possible.FORT BEND COUNTY CELEBRATES AFRICAN AMERICAN HERITAGE MONTH: Carmen P. Since a flood insurance policy takes 30 days to go into effect, you must purchase your policy by September 1, 2021, for your policy to become effective prior to the effective date of Risk Rating 2.0.Īdditional information regarding Risk Rating 2.0 can be found at Risk Rating 2.0: Equity in Action |. However, we cannot guarantee any specific information about FEMA’s program or how future increases will be applied.Īs Board members, we encourage you to get flood insurance now.
We don’t get full risk rating of having no levee protection, but we also don’t get fully covered as having no risk. FEMA has not disclosed how they will assess the risk to homes protected by a levee. Under current law, it is federally mandated that a flood insurance premium cannot increase by more than 18% per year and FEMA indicates that they will abide by this rule. However, if you already have flood insurance, FEMA says you will be grandfathered into how fast your flood insurance premium can increase. We do not know which category of premium change will include the District or your home. We do not yet know how Risk Rating 2.0 will impact flood insurance prices in Fort Bend County LID 17. These FEMA estimates are for the first effective year and are averages only. Using Risk Rating 2.0, FEMA estimates that 14% of Texas residents with an existing flood insurance policy will see an immediate decrease in their flood insurance premium 79% of Texas residents with an existing flood insurance policy will see an immediate increase in their flood insurance premium that could be as much as $120 per year 3% of Texas residents with an existing flood insurance policy will see an immediate increase in their flood insurance premium of $120 to $240 per year and 4% of Texas residents with an existing flood insurance policy will see an immediate increase in their flood insurance premium greater than $240 per year. FEMA’s new method called Risk Rating 2.0 utilizes newer technology available to assess the flood risk of a property. This methodology has not changed in over 50 years, but the change is coming, effective October 1, 2021. The maps, or FIRMs, would show different flood factors and flood risk potential which they would use to set the rates of flood insurance. Historically, FEMA, the Federal Emergency Management Agency, would determine the flood risk of property based on published Flood Insurance Rate Maps. Whether you have insurance already or are considering purchasing insurance, there is new information that you need to know.
New FEMA Risk Rating 2.0 for Flood Insurance Premiums Change Effective 10/1/21Ī question that many residents have asked FBCLID 17, is “Even though I live behind a levee, should I still buy flood insurance?” While each resident must make that decision for themselves, LID 17 strongly recommends that every homeowner purchase flood insurance.