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Flood Insurance Rate Maps, known as FIRMs be exempt from the Federal Emergency Management Agency (FEMA) for flood insurance requirements (as the name implies) to identify and assist communities in regulating the development of new releases. Among other things, Flood Insurance Rate Maps zones area that a 1% chance of flooding and a 0.2% chance of flooding in any given year (also known as ?100 years? show and announced ?500 years? flood plains). These areas are determined to areas at greater risk when a stream overflows its banks, or if the experience of coastal tidal wave of tropical storms or hurricanes.
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