Resource Record Details
Study of the Economic Effects of Charging Actuarially Based Premium Rates for Pre-FIRM Structures
This report presents the results of a study on the economic effects of charging actuarially based premiums for pre-FIRM (Flood Insurance Rate Map) structures. The study was performed in response to Section 578 of the National Flood Insurance Reform Act of 1994, which required FEMA to “conduct a study of the economic effects that would result from increasing the premium rates for flood insurance coverage made available under the National Flood Insurance Program (NFIP) for pre-FIRM structures to the full actuarial risk based premium.”
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|Chapter / Section Title:||Executive Summary|
|Chapter / Section Number:||Executive Summary|
|Resource File:||View / Download / Print (pdf 177K)|
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