SECTION 4: RISK ASSESSMENT
FLOOD INSURANCE DATA ACTIVE POLICIES AND PAST CLAIMS
Flood insurance data on active policies and past claims in a valuable source of information on flood hazards. Flood insurance is available in communities that participate in the National Flood Insurance Program (NFIP) and is required as a condition for federal aid or for a mortgage or loan that is federally insured for a building located in a FEMA flood zone. The following tables summarize flood insurance data by property type and flood zone for all participating jurisdictions.
WAKE COUNTY
Table 4.54 – NFIP Policy and Claims Data by Occupancy Type, Wake County
Number of Policies in Force
Total Premium $157,202
Insurance in Force $85,587,000
Number of Closed Paid Losses
Total of Closed Paid Losses
Occupancy
Single Family 2-4 Family All Other Residential Non Residential
275
67
$535,158.52 $10,458.76
0 0
$0 $0
$0 $0
1
0
$0.00
1
$1,413
$95,000
22 90
$357,122.41 $902,739.69
Total
276
$158,615
$85,682,000
Source: FEMA Community Information System as of 06/02/2024
Table 4.55 – NFIP Policy and Claims Data by Flood Zone, Wake County
Number of Policies in Force
Total Premium
Total Coverage $4,794,000 $350,000
Number of Closed Paid Losses
Total of Closed Paid Losses
Flood Zone
A01-30 & AE Zones
20
$16,014
49
$511,745.15 $3,575.95
A Zones
1
$940
2
B, C & X Zone Standard
255
$141,661
$80,538,000
3
$103,973.20 $270,847.33 $890,141.63
Preferred
0
$0
$0
33 87
Total
276
$158,615
$85,682,000
Source: FEMA Community Information System as of 06/02/2024
A P E X
Table 4.56 – NFIP Policy and Claims Data by Occupancy Type, Apex
Number of Policies in Force
Total Premium
Insurance in Force $23,175,000
Number of Closed Paid Losses
Total of Closed Paid Losses
Occupancy
Single Family 2-4 Family All Other Residential Non Residential
79
$40,316
3
$1,299.97
3
$470
$476,000
0 0
$0.00 $0.00
0
$0
$0
1
$2,079
$666,000
0 3
$0.00
Total
83
$42,865
$24,317,000
$1,299.97
Source: FEMA Community Information System as of 06/02/2024
Wake County, NC Multi-Jurisdictional Hazard Mitigation Plan
WSP June 2024 Page 149
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