1. FLOOD MITIGATION Hampton Roads MICHAEL VERNON Director of Business Development

2. NATIONAL FLOOD INSURANCE PROGRAM OVERVIEW Changing weather patterns Bigger, stronger storms Rising sea levels Long term erosion Poor building decisions

3. NATIONAL FLOOD INSURANCE PROGRAM OVERVIEW FLOODMAP Elevation certificate Base flood elevation Pre-firm Post-firm V sector AE sector FEMA's interpretation of flood risk to downtown Norfolk and Ghent neighborhood. Source: City of Norfolk Map Gallery, Flood Insurance Rate Map

4. 24 NATIONAL FLOOD INSURANCE PROGRAM OVERVIEW The Department of Homeland Security FEMA NFIP BILLION in the Hole! $

5. NATIONAL FLOOD INSURANCE PROGRAM OVERVIEW The Price of INSURANCE FEMA’s long term financial solution. RAISING PREMIUMS LOWER EXPOSURE

6. NATIONAL FLOOD INSURANCE PROGRAM OVERVIEW FINANCIAL INCENTIVES The government in many instances offers financial incentives when individuals do something that is in the best interest of the whole such as: Retirement savings (deferred taxation) Giving to charities (tax deduction) Borrowing money for a primary home (interest deduction) Mitigate your home to reduce the risk of flood damage. (reduced flood insurance premiums) in the Form of Lower Flood Insurance Premiums

7. NATIONAL FLOOD INSURANCE PROGRAM OVERVIEW Real Life Results Before Cost of Insurance Cost of ProjectAfter cost of Insurance $3,900$15,000$332 $4,700$5,200$700 $3,700$5,200$650 $1,800$2,300$350

8. NATIONAL FLOOD INSURANCE PROGRAM OVERVIEW Homeowner quoted $2700 per year for flood insurance doubling her previous rate. The solution is to modify her home according to FEMA standards. She raised her hot water heater and her HVAC. She also installed FEMA certified engineered flood vents. The total cost was $3,200 Flood insurance was reduced to $733 per year. CASE STUDY from The Virginian Pilot

9. NATIONAL FLOOD INSURANCE PROGRAM OVERVIEW CASE STUDY Agent loses two sales due to flood premiums of $3,900 FLOOD MITIGATION HR determines home can be made 100% compliant New quote as if house is mitigated brings premiums to $332 Mortgage Banking Underwriter states that scope of work qualifies for home improvement loan Estimated cost of project $15,000

10. Relocate electrical panel and hot water heater Remove and dispose of oil burner and oil tank Create drainage in basement floor Fill basement with sand to crawl space height Install Certified Engineered flood vents through our crawl space Process all documents NATIONAL FLOOD INSURANCE PROGRAM OVERVIEW CASE STUDY/ SCOPE OF WORK

11. NATIONAL FLOOD INSURANCE PROGRAM OVERVIEW CASE STUDY Home has new hot water heater and electrical panel Home is much more resistant to flooding due to mitigation Market value of home is reestablished Insurance premiums are low and will only slowly increase Home moves in a normal time frame Real estate market and community remain healthy

12. The seller The buyer The real estate agent The insurance agent The mortgage banker Flood Mitigation The community The country NATIONAL FLOOD INSURANCE PROGRAM OVERVIEW CASE STUDY AND THE WINNERS ARE?

13. SOLUTIONS NATIONAL FLOOD INSURANCE PROGRAM OVERVIEW Elevation certificates Free estimates for vents Assessments for projects with return credit Design and consultation Flood and Storm related products Construction management for mitigation and non-mitigation projects Comprehensive document processing Website and sales support FLOOD MITIGATION Offers Flexible Hampton Roads

14. NATIONAL FLOOD INSURANCE PROGRAM OVERVIEW One-piece vent plate with easy to insert vermin screen and fixed louver. Made of durable PVC/ABS plastic (no rust or rot) with a UV retardant treatment. Can be installed in Crawlspaces and Doors FEMA APPROVED Flood Vents Raise the House

15. MICHAEL VERNON 1-844-vents4U (1-844-836-8748) 757-636-6455 mike@floodmitigationhr.com FLOOD MITIGATION Hampton Roads