Resource Record Details

V-Zone Risk Factor Rating Form and Instructions

This form provides a basis for the actuarial rating of buildings and their contents on an individual risk basis that allows a rate discount for prudent building designs. This approach will serve to further the NFIP goals of providing incentives for hazard mitigation in coastal high hazard flood risk zones while permitting adequate insurance protection under premium rates that ensure that the risk of flood losses related to building placement and construction is borne by the owners of the properties at risk.

Document Details:

Resource Type:	Form
Audience Categories:	Insurance Industry
Hazard Types:	Flooding
Subjects:	Flood Insurance
Program:	NFIP - National Flood Insurance Program
Last Update Date:	02/02/2011 12:43 PM

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