Flood maps are changing as the assessment of flood risks changes due to community development, aging flood control structures, natural changes to topography, and better technology. The NFIP wants to ease the transition for property owners who have been newly mapped into a high-risk flood zone and the mandatory flood insurance purchase requirements that go along with map changes. If your property was newly mapped into a high-risk flood zone on or after October 1, 2008, you may be eligible for the lower-cost Preferred Risk Policy for up to 2 years.
A consumer fact sheet was developed to provide you with important information on this new rating option.
For questions, or to determine eligibility, please contact your insurance agent or local community official. Additional information can also be found at www.FloodSmart.gov/PRPExtension.
Resources for additional audiences: