Community |
Entry |
Comm. I.D. |
Policies |
Annual Premium |
Coverage |
# Losses |
Total Paid $ |
Iberia Parish |
7/3/78 |
220083 |
3,132 |
$1,677,552 |
$543,619,000 |
988 |
$31,312,137 |
Delcambre |
4/4/83 |
220223 |
385 |
$258,858 |
$35,323,000 |
306 |
$10,116,974 |
Jeanerette |
6/30/76 |
220080 |
96 |
$34,521 |
$17,571,000 |
20 |
$259,527 |
Loreauville |
5/25/78 |
220081 |
17 |
$4,575 |
$2,991,000 |
4 |
$21,834 |
New Iberia |
8/27/78 |
220082 |
1,334 |
$437,838 |
$251,884,000 |
379 |
$3,234,296 |
Parish Total |
|
|
4,964 |
$2,413,344 |
$851,388,000 |
1,697 |
$44,944,768 |
|
Five communities in Iberia Parish, including the parish itself, participate in the National Flood Insurance Program. Most joined in the 1970s and all joined after FEMA had completed a Flood Study and produced Flood Insurance Rate Maps. The communities adopted the new maps and instituted permitting requirements in the newly identified high-risk areas known as Special Flood Hazard Areas. Since 1978, almost 1,700 losses have been filed resulting in almost $45 million in paid losses. Currently, almost 5,000 policies provide more than $851.3 million in coverage in exchange for more than $2.4 million in annual premiums. Based on state-of –the-art technology, new maps are being developed for all of the communities in Iberia Parish and they will be presented for adoption upon completion. |
