Flood Insurance Reform - Reducing Risk and Rates

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There are many ways property owners, businesses and communities may mitigate—or reduce—their flood risk and receive additional consideration to help reduce insurance costs, as illustrated in these informational videos and materials:

The first step to mitigating risk is to learn the property’s elevation rating, by obtaining an Elevation Certificate. Although elevation certificates may not be required to purchase flood insurance on certain buildings, it is an option of the insured to obtain one to better understand the true flood risk of a property and possibly lower flood insurance premiums.

  • Homeowners Guide to Elevation Certificates
    A fact sheet explaining what an Elevation Certificate is, who needs one and how to get one.
  • EC Made EZ videos
    This on-demand video series includes nine videos explaining what an Elevation Certificate is, how it should be completed, who can complete it and what an agent needs to do with the document.
  • NFIP Elevation Certificate and Instructions
    An administrative tool of the NFIP used to provide elevation information necessary to ensure compliance with to community floodplain management ordinances, to determine the proper insurance premium rate or support a request for a Letter of Map Amendment (LOMA).
  • The Biggert-Waters Flood Insurance Reform Act of 2012: Elevation Ratings
    A short video explaining what it means for a policy to be elevation rated, what an Elevation Certificate is, how to get an Elevation Certificate and who needs an Elevation Certificate.
  • Elevation Certificate training
    Find various training opportunities to learn more about Elevation Certificates.
  • NFIP Flood Insurance Manual
    See Section 7 for Lowest Floor Guide and Section 8 for Certifications.
  • Converting Vertical Datums
    A fact sheet that discusses the importance of ensuring the same vertical datums are used when working with elevation data from flood maps and Elevation Certificates.

Property owners also have great opportunity to mitigate their risk and help receive consideration for lower rates by building or re-building to higher standards, as indicated below:

Last Updated: 
02/13/2015 - 14:38
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