Local mitigation strategy (LMS) - Volusia County Government

SECTION 5: HAZARD PROFILESTABLE 5.15: NFIP Policy and Claim InformationJURISDICTIONNUMBER OF FLOODINSURANCE POLICIESNUMBER OF LOSSESREPORTEDTOTAL PAYMENTSDaytona Beach 7,310 346 $3,554,101.63Daytona Beach Shores 5,228 60 $246,738.43DeBary 842 75 $3,969,089.70Deland 197 12 $327,686.00Deltona 1,024 22 $321,991.36Edgewater 1,557 78 $454,786.44Holly Hill 1,005 69 $472,129.11Lake Helen 16 0 $0New Smyrna Beach 8,831 370 $3,020,871.55Oak Hill 143 3 $35,573.36Orange City 139 7 $690,412.26Ormond Beach 5,944 318 $1,481,163.79Pierson 1 0 $0Ponce Inlet 2,557 $781,507.15Port Orange 3,839 100 $6,069,056.89South Daytona 1,183 241 $3,302,584.60Volusia County 12,241 1,044 $11,060,159.58TOTAL 52,057 1,385 $35,787,851.855.10.5 Repetitive Loss PropertiesFEMA defines a repetitive loss (RL) property as any insurable building for which two or more claims ofmore than $1,000 were paid by the NFIP within any rolling 10-year period, since 1978. A repetitive lossproperty may or may not be currently insured by the NFIP. Currently there are over 122,000 repetitiveloss properties nationwide.According to FEMA repetitive loss property records (as of April 2009), there are 155 “non-mitigated”repetitive loss properties located in Volusia County. These properties have accounted for a total of 352losses and more than $8 million in claims payments under the NFIP. Without mitigation, theseproperties will likely continue to experience flood losses. Table 5.16 provides summary informationabout repetitive loss properties in Volusia County.Volusia County Multi-jurisdictional Local Mitigation StrategyFebruary 20105:52