SOURCE: Flood Zone Correction, Inc.

August 02, 2006 14:15 ET

Flood Zone Correction, Inc. Warns Property Owners: Beware of Floodgate Failures

WEST PALM BEACH, FL -- (MARKET WIRE) -- August 2, 2006 -- As Tropical Storm Chris gains momentum, Flood Zone Correction, Inc. (FZC), the nation's first flood zone correction company, encourages property owners to know their flood risk, particularly in the event of severe weather and failures in community floodgate operations.

When a main river or canal approaches flood stage, a floodgate failure prohibits water flow to reservoirs, streams or levees, causes water levels to rise in main rivers and canal channels and prevents the flow of water into a flood bypass or detention basin. Accumulating storm debris also hinders the proper operation of floodgates and canals. The impact of such failures can be devastating to both life and property especially following a tropical storm or hurricane.

While many communities throughout the country have significantly improved water management systems, FZC advises property owners against developing a false sense of security when it comes to floodgates, floodwalls, levees, dikes and drainage systems. "In the past two years, we've witnessed the costs of human error," states Dan Freudenthal, president of FZC. He continues, "From West Palm Beach, Florida's Pineapple Park to New Orleans, Louisiana's Ninth Ward, human error in the operation and maintenance of floodgates and levees caused widespread property and personal damage. I urge all citizens to insist that their local governments have sound maintenance and operational policies for water management."

Flood Zone Correction, Inc. recommends property owners take matters into their own hands by conducting a flood risk analysis to ensure that their homes or buildings are properly zoned. Many who may be at risk for flood and don't have flood insurance take a dangerous gamble. On the other hand, many throughout the country have been forced to buy high-risk flood insurance when, in fact, their properties should be classified as low flood risk. Either way, this preventive action saves property owners money.

Flood Zone Correction, Inc., headquartered in West Palm Beach, FL, is an advocate for accuracy in the evaluation of flood risk and fairness in the imposition of flood insurance requirements. FZC clients own and or operate well over two million multifamily units and over one thousand shopping malls, retail plazas, office buildings and industrial properties, as well as single family homes, townhouses and condominiums. For a free flood risk analysis, visit www.floodzonecorrection.com or call toll-free 1-877-Flood Zone.

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