Federal Emergency Management Agency

Converting a Standard-Rated Policy to a Preferred Risk Policy

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Cover photo for the document: Converting a Standard-Rated Policy to a Preferred Risk Policy
The National Flood Insurance Program provides a streamlined process to allow property owners to retain their coverage by converting their existing standard-rated policy (residential or non-residential) to a less-expensive Preferred Risk Policy (PRP) without a change in the policy’s effective date or a gap in coverage.
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Icon for file of type application/pdfConverting a Standard-Rated Policy to a Preferred Risk Policy
504.26KJuly 1, 2013
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