U.S. Department of Homeland Security 500 C Street SW Washington, DC 20472 April 2008 Dear Flood Insurance Manual Subscribers: As we move forward to improve the National Flood Insurance Program (NFIP), it is my goal to ensure that you have up-to-date information so you can assist your clients and prospective clients in securing the best flood insurance protection available for their individual needs. Accordingly, I am pleased to provide you with the latest edition of the NFIP Flood Insurance Manual. This edition is a complete reissue of the manual, updated with the new rates and other program changes that become effective May 1, 2008. Subscriptions to this edition will cover semiannual updates through October 2010. Significant revisions include the following: • Provides new rates, Federal Policy Fee, and, for the Preferred Risk Policy (PRP) only, Increased Cost of Compliance premium; updates rating examples. (RATE, CONDO, PRP, MPPP, END sections) • Introduces greatly expanded coverage options for residential and non-residential buildings under the PRP. Adds a Preferred Risk Policy Condominium Rating Chart. (PRP section) • Specifies that, for renewal of a PRP when a map change during the policy term may have affected the insured property, proof of the property’s continued eligibility for the PRP must be provided. (PRP section) • Clarifies that, although a Group Flood Insurance Policy (GFIP) cannot be cancelled, a property owner insured under the GFIP may purchase a Standard Flood Insurance Policy; the property owner’s GFIP certificate then will be voided without refund of premium. (GR section) • Specifies that, when the Base Flood Elevation (BFE) on a third-party flood zone determination form differs from the BFE on the property owner’s Elevation Certificate (EC), the BFE on the EC is used to rate the policy. (GR and RATE sections) • Specifies that, when more than one EC is submitted for a given property, the EC with the latest certification date is used to rate the policy. (CERT section) • In accordance with Federal privacy initiatives, eliminates collection of the Social Security Number on the Flood Insurance Application, Preferred Risk Policy Application, General Change Endorsement, and Cancellation/Nullification Request Form. (APP, PRP, END, CN sections) www.fema.gov • Adds to the Flood Insurance Application a check-box in which to indicate when flood coverage is a lender requirement without a waiting period. (APP section) • Updates the Order Form for FEMA Map Service Center products. (MAP section) • Eliminates the Community Rating System discount on NFIP policies for Post-FIRM structures located in a Special Flood Hazard Area where the lowest floor elevation used for rating is at least 1 foot or more below the Base Flood Elevation, with the exception of Post-FIRM V-Zone buildings with unfinished breakaway wall enclosures. (APP and CRS sections) • Updates the Community Rating System Eligible Communities list. (CRS section) • Updates the Table of Contents and the Index. Thank you for your continued support of the NFIP. Sincerely, David I. Maurstad Federal Insurance Administrator National Flood Insurance Program Enclosure TABLE OF CONTENTS SECTION PAGE REFERENCE .............................................................................................................................. REF 1 I. INTRODUCTION TO THE NATIONAL FLOOD INSURANCE PROGRAM ................. REF 1 II. THE WRITE YOUR OWN PROGRAM......................................................................... REF 1 III. TECHNICAL ASSISTANCE ......................................................................................... REF 2 A. WYO Companies ................................................................................................. REF 2 B. NFIP Servicing Agent (NFIP Direct)..................................................................... REF 2 C. Special Direct Facility........................................................................................... REF 2 PAPERWORK BURDEN DISCLOSURE NOTICE................................................................ REF 7 GENERAL RULES ..................................................................................................................... GR 1 I. COMMUNITY ELIGIBILITY .......................................................................................... GR 1 A. Participating (Eligible) Communities .................................................................... GR 1 B. Emergency Program ............................................................................................ GR 1 C. Regular Program.................................................................................................. GR 1 D. Maps..................................................................................................................... GR 1 E. Probation.............................................................................................................. GR 1 F. Suspension........................................................................................................... GR 1 G. Non-Participating (Ineligible) Communities.......................................................... GR 1 H. Coastal Barrier Resources Act............................................................................. GR 1 I. Federal Land ........................................................................................................ GR 1 II. POLICIES AND PRODUCTS AVAILABLE................................................................... GR 1 A. Standard Flood Insurance Policy ......................................................................... GR 1 B. Insurance Products .............................................................................................. GR 2 III. BUILDING PROPERTY ELIGIBILITY .......................................................................... GR 3 A. Eligible Buildings .................................................................................................. GR 3 B. Single Building ..................................................................................................... GR 5 C. Walls..................................................................................................................... GR 5 D. Determination of Building Occupancy.................................................................. GR 5 IV. CONTENTS ELIGIBILITY............................................................................................. GR 6 A. Eligible Contents .................................................................................................. GR 6 B. Vehicles and Equipment ...................................................................................... GR 6 C. Silos, Grain Storage Buildings, and Cisterns....................................................... GR 6 D. Commercial Contents Coverage.......................................................................... GR 6 V. EXAMPLES OF ELIGIBLE RISKS ............................................................................... GR 6 A. Building Coverage................................................................................................ GR 6 B. Contents Coverage .............................................................................................. GR 6 C. Condominiums ..................................................................................................... GR 6 VI. INELIGIBLE PROPERTY ............................................................................................. GR 6 A. Buildings............................................................................................................... GR 6 B. Container-Type Buildings..................................................................................... GR 7 C. Buildings Entirely Over Water .............................................................................. GR 7 D. Buildings Partially Underground........................................................................... GR 7 E. Basement/Elevated Building Enclosures ............................................................. GR 7 i May 1, 2008 TABLE OF CONTENTS (Continued) SECTION PAGE VII. EXAMPLES OF INELIGIBLE RISKS............................................................................ GR 7 A. Building Coverage................................................................................................ GR 7 B. Contents Coverage .............................................................................................. GR 7 C. Non-Residential Condominium Unit..................................................................... GR 8 VIII. POLICY EFFECTIVE DATE......................................................................................... GR 8 A. Evidence of Insurance.......................................................................................... GR 8 B. Start of Waiting Period ......................................................................................... GR 8 C. Effective Date....................................................................................................... GR 8 IX. COVERAGE ................................................................................................................. GR 10 A. Limits of Coverage ............................................................................................... GR 10 B. Deductibles........................................................................................................... GR 10 C. Coverage D - Increased Cost of Compliance (ICC) Coverage............................ GR 10 D. Reduction of Coverage Limits or Reformation..................................................... GR 11 E. Loss Assessments ............................................................................................... GR 11 F. Improvements and Betterments and Tenant’s Coverage .................................... GR 12 X. SPECIAL RATING SITUATIONS ................................................................................. GR 12 A. Tentative Rates .................................................................................................... GR 12 B. Submit-For-Rate................................................................................................... GR 12 C. Provisional Rates ................................................................................................. GR 12 D. Buildings in More Than One Flood Zone ............................................................. GR 12 E. Different Base Flood Elevations (BFEs) Reported............................................... GR 13 XI. MISCELLANEOUS RULES.......................................................................................... GR 13 A. Policy Term .......................................................................................................... GR 13 B. Application Submission........................................................................................ GR 13 C. Delivery of the Policy............................................................................................ GR 13 D. Assignment........................................................................................................... GR 13 E. Producers’ Commissions (Direct Business Only) ................................................ GR 13 F. Contract Agent Rule............................................................................................. GR 13 APPLICATION........................................................................................................................... APP1 I. USE OF THE FORM .................................................................................................... APP 1 II. TYPES OF BUILDINGS ............................................................................................... APP 1 III. SCHEDULED BUILDING POLICY ............................................................................... APP 1 IV. COMPLETING PART 1 OF THE FLOOD INSURANCE APPLICATION FORM ......... APP 1 A. Policy Status......................................................................................................... APP 1 B. Policy Term (Billing/Policy Period) ....................................................................... APP 1 C. Agent Information................................................................................................. APP 2 D. Insured Mail Address ........................................................................................... APP 2 E. Disaster Assistance.............................................................................................. APP 2 F. First Mortgagee .................................................................................................... APP 2 G. Second Mortgagee or Other................................................................................. APP 2 H. Property Location ................................................................................................ APP 2 I. Community ........................................................................................................... APP 2 J. Building ................................................................................................................ APP 3 K. Contents............................................................................................................... APP 4 L. Construction Data ................................................................................................ APP 4 M. Coverage and Rating ........................................................................................... APP 6 N. Signature.............................................................................................................. APP 6 ii May 1, 2008 TABLE OF CONTENTS (Continued) SECTION PAGE V. COMPLETING PART 2 OF THE FLOOD INSURANCE APPLICATION FORM ......... APP 7 Section I - All Building Types........................................................................................ APP 7 Section II - Elevated Buildings...................................................................................... APP 7 Section III - Manufactured (Mobile) Homes/Travel Trailers.......................................... APP 8 VI. MAILING INSTRUCTIONS........................................................................................... APP 8 VII. HANDLING OF INCOMPLETE OR INCORRECT APPLICATIONS ............................ APP 8 RATING ..................................................................................................................................... RATE 1 I. AMOUNT OF INSURANCE AVAILABLE ..................................................................... RATE 1 II. RATE TABLES ............................................................................................................. RATE 1 III. DEDUCTIBLES ............................................................................................................ RATE 12 A. Buy-Back Deductibles..........................................................................................RATE 12 B. Changes in Deductible Amount............................................................................ RATE 12 IV. INCREASED COST OF COMPLIANCE (ICC) COVERAGE ....................................... RATE 14 V. RATING STEPS ........................................................................................................... RATE 15 VI. PREMIUM CALCULATION .......................................................................................... RATE 16 A. Emergency Program ............................................................................................ RATE 16 B. Regular Program.................................................................................................. RATE 16 VII. KEY POINTS FOR RATING......................................................................................... RATE 17 A. Basic Limits and Additional Limits........................................................................ RATE 17 B. Whole Dollars....................................................................................................... RATE 17 C. Increased Cost of Compliance (ICC) Premium.................................................... RATE 17 D. Federal Policy Fee ............................................................................................... RATE 17 E. Buildings in More Than One Flood Zone ............................................................. RATE 17 F. Different Base Flood Elevations (BFEs) Reported............................................... RATE 17 G. Mortgagee on Policy--Higher Deductible Requested........................................... RATE 17 VIII. REGULAR PROGRAM, POST-FIRM ELEVATION-RATED RISKS............................ RATE 17 A. Elevation Difference............................................................................................. RATE 17 B. Examples.............................................................................................................. RATE 18 C. Optional Elevation Rating..................................................................................... RATE 19 IX. PRE-FIRM ELEVATED BUILDING RATED AT PRE-FIRM RATES............................ RATE 19 X. AR ZONE AND AR DUAL ZONE RATING................................................................... RATE 19 XI. POST-FIRM AO ZONE RATING.................................................................................. RATE 19 XII. POST-FIRM RATING OF ELEVATED BUILDINGS IN ZONES B, C, X, A99, AND D......................................................................................................................... RATE 19 XIII. REGULAR PROGRAM V ZONE POST-FIRM CONSTRUCTION............................... RATE 19 A. Rating All V Zone Buildings.................................................................................. RATE 19 B. Zones VE and V1-V30--Enclosure Containing Machinery or Equipment Below BFE ...................................................................................... RATE 19 iii May 1, 2008 TABLE OF CONTENTS (Continued) SECTION PAGE C. 1975-81 Post-FIRM V Zone Construction............................................................ RATE 20 D. 1981 Post-FIRM V Zone Construction ................................................................. RATE 20 E. Elevated Buildings--1981 Post-FIRM V Zone Construction................................. RATE 20 XIV. SPECIAL RATING SITUATIONS ................................................................................. RATE 21 A. Tentative Rates .................................................................................................... RATE 21 B. Alternative Rates.................................................................................................. RATE 21 C. Map "Grandfather" Rules--Effect of Map Revisions on Flood Insurance Rates .. RATE 21 D. Post-’81 V Zone Optional Rating.......................................................................... RATE 23 E. Policies Requiring Re-Rating ............................................................................... RATE 23 F. Submit-for-Rate.................................................................................................... RATE 24 G. Crawl Space......................................................................................................... RATE 25 XV. CONTENTS LOCATION .............................................................................................. RATE 26 A. Single Family Dwellings ....................................................................................... RATE 26 B. Multi-Family and Non-Residential Buildings ........................................................ RATE 26 XVI. FIRMS WITH WAVE HEIGHTS ................................................................................... RATE 30 A. Procedure for Calculating Wave Height Adjustment............................................ RATE 30 B. Wave Heights in Numbered Zones V1-V30 and VE 1981 Post-FIRM Construction ... RATE 30 C. Unnumbered V Zones 1981 Post-FIRM Construction ......................................... RATE 31 D. Rate Selection Procedure .................................................................................... RATE 31 XVII. FLOODPROOFED BUILDINGS................................................................................... RATE 31 A. Elevation Difference............................................................................................. RATE 31 B. Rating................................................................................................................... RATE 31 XVIII.THE V-ZONE RISK FACTOR RATING FORM ............................................................ RATE 32 A. Use ..................................................................................................................... RATE 32 B. Submission........................................................................................................... RATE 32 XIX. RATING EXAMPLES.................................................................................................... RATE 49 CONDOMINIUMS ..................................................................................................................... CONDO 1 I. METHODS OF INSURING CONDOMINIUMS............................................................. CONDO 1 A. Residential Condominium: Association Coverage on Building and Contents .... CONDO 1 B. Residential Condominium: Unit Owner's Coverage on Building and Contents. . CONDO 1 C. Other Residential Condominium: Condominium Association Policy, Association Coverage on Building and Contents............................................... CONDO 1 D. Nonresidential (Commercial) Condominium: Building and Contents.................. CONDO 2 E. Nonresidential (Commercial) Condominium: Unit Owner's Coverage (Contents)........................................................................................................... CONDO 2 II. POLICY FORM............................................................................................................. CONDO 6 III. ELIGIBILITY REQUIREMENTS ................................................................................... CONDO 6 A. General Building Eligibility.................................................................................... CONDO 6 B. Condominium Building in the Course of Construction ......................................... CONDO 6 IV. COVERAGE ................................................................................................................. CONDO 6 A. Property Covered ................................................................................................. CONDO 6 B. Coverage Limits ................................................................................................... CONDO 7 C. Replacement Cost................................................................................................ CONDO 7 D. Coinsurance ......................................................................................................... CONDO 7 E. Assessment Coverage......................................................................................... CONDO 7 iv May 1, 2008 TABLE OF CONTENTS (Continued) SECTION PAGE V. DEDUCTIBLES AND FEES ......................................................................................... CONDO 8 A. Deductibles........................................................................................................... CONDO 8 B. Federal Policy Fee ............................................................................................... CONDO 8 VI. TENTATIVE RATES AND SCHEDULED BUILDINGS ................................................ CONDO 8 VII. COMMISSIONS (DIRECT BUSINESS ONLY)............................................................. CONDO 8 VIII. CANCELLATION OR ENDORSEMENT OF UNIT OWNERS' DWELLING POLICIES .................................................................... CONDO 8 IX. APPLICATION FORM .................................................................................................. CONDO 8 A. Type of Building ................................................................................................... CONDO 8 B. Replacement Cost Value .................................................................................... CONDO 8 C. Coverage..............................................................................................................CONDO 9 D. Rates and Fees.................................................................................................... CONDO 9 X. CONDOMINIUM RATING EXAMPLES........................................................................ CONDO 23 LOWEST FLOOR GUIDE........................................................................................................... LFG 1 I. LOWEST FLOOR DETERMINATION.......................................................................... LFG 1 A. Non-Elevated Buildings........................................................................................ LFG 1 B. Elevated Buildings in A Zones ............................................................................. LFG 1 C. Elevated Buildings in V Zones ............................................................................. LFG 2 II. USE OF ELEVATION CERTIFICATE .......................................................................... LFG 2 A. Mandatory Use of Elevation Certificate................................................................ LFG 2 B. Optional Rating Using the Elevation Certificate................................................... LFG 2 III. SPECIFIC BUILDING DRAWINGS .............................................................................. LFG 8 SPECIAL CERTIFICATIONS ..................................................................................................... CERT 1 I. NFIP ELEVATION CERTIFICATE ............................................................................... CERT 1 II. PHOTOGRAPH REQUIREMENTS.............................................................................. CERT 1 III. USING THE ELEVATION CERTIFICATE: SPECIAL CONSIDERATIONS ................ CERT 2 Section A - Property [Owner] Information .................................................................... CERT 2 Section B - Flood Insurance Rate Map (FIRM) Information......................................... CERT 2 Section C - Building Elevation Information (Survey Required) .................................... CERT 2 Section D - Surveyor, Engineer, or Architect Certification ........................................... CERT 3 Section E - Building Elevation Information (Survey Not Required) for Zone AO and Zone A (Without BFE) ................................................................................................ CERT 3 Section F - Property Owner (or Owner's Representative) Certification........................ CERT 3 Section G - Community Information (Optional) ............................................................ CERT 3 IV. FLOODPROOFING CERTIFICATE ............................................................................. CERT 3 A. Purpose and Eligibility.......................................................................................... CERT 3 B. Specifications ....................................................................................................... CERT 3 C. Rating................................................................................................................... CERT 4 D. Certification .......................................................................................................... CERT 4 v May 1, 2008 TABLE OF CONTENTS (Continued) SECTION PAGE PREFERRED RISK POLICY...................................................................................................... PRP 1 I. GENERAL DESCRIPTION........................................................................................... PRP 1 II. ELIGIBILITY REQUIREMENTS ................................................................................... PRP 1 A. Flood Zone .......................................................................................................... PRP 1 B. Occupancy .......................................................................................................... PRP 1 C. Loss History......................................................................................................... PRP 1 III. INELIGIBILITY.............................................................................................................. PRP 2 IV. DOCUMENTATION......................................................................................................PRP 2 V. RENEWAL....................................................................................................................PRP 2 VI. COVERAGE LIMITS..................................................................................................... PRP 2 VII. REPLACEMENT COST COVERAGE .......................................................................... PRP 2 VIII. DISCOUNTS/FEES/ICC PREMIUM............................................................................. PRP 2 IX. DEDUCTIBLES ............................................................................................................ PRP 2 X. ENDORSEMENTS ....................................................................................................... PRP 2 XI. CONVERSION OF STANDARD RATED POLICY TO PRP DUE TO MISRATING..... PRP 6 XII. CONVERSION OF STANDARD RATED POLICY TO PRP DUE TO MAP REVISION, LOMA, OR LOMR .......................................................................... PRP 6 XIII. CONVERSION OF PRP TO STANDARD RATED POLICY ........................................ PRP 6 XIV. COMPLETING THE FLOOD INSURANCE PREFERRED RISK POLICY APPLICATION............................................................. PRP 6 A. Policy Status......................................................................................................... PRP 6 B. Policy Term .......................................................................................................... PRP 6 C. Agent Information................................................................................................. PRP 7 D. Insured’s Mailing Address.................................................................................... PRP 7 E. Disaster Assistance.............................................................................................. PRP 7 F. First Mortgagee .................................................................................................... PRP 7 G. Second Mortgagee or Other................................................................................. PRP 7 H. Property Location ................................................................................................. PRP 7 I. Community ........................................................................................................... PRP 7 J. Building and Contents.......................................................................................... PRP 7 K. Notice ................................................................................................................... PRP 8 L. Premium............................................................................................................... PRP 8 M. Signature.............................................................................................................. PRP 8 MORTGAGE PORTFOLIO PROTECTION PROGRAM ............................................................ MPPP 1 I. BACKGROUND............................................................................................................ MPPP 1 II. REQUIREMENTS FOR PARTICIPATING IN THE MPPP ........................................... MPPP 2 A. General................................................................................................................. MPPP 2 B. WYO Arrangement Article III--Fees ..................................................................... MPPP 2 C. Use of WYO Company Fees for Lenders/Servicers or Others ............................ MPPP 2 D. Notification............................................................................................................ MPPP 2 E. Eligibility ............................................................................................................... MPPP 3 F. Source of Offering ................................................................................................ MPPP 3 G. Dual Interest......................................................................................................... MPPP 3 H. Term of Policy ...................................................................................................... MPPP 3 vi May 1, 2008 TABLE OF CONTENTS (Continued) SECTION PAGE I. Coverage Offered................................................................................................. MPPP 3 J. Policy Form .......................................................................................................... MPPP 4 K. Waiting Period...................................................................................................... MPPP 4 L. Premium Payment................................................................................................ MPPP 4 M. Underwriting--Application..................................................................................... MPPP 4 N. Rates.................................................................................................................... MPPP 4 O. Policy Declaration Page Notification Requirements............................................. MPPP 4 P. Policy Reformation--Policy Correction ................................................................. MPPP 5 Q. Coverage Basis--Actual Cash Value or Replacement Cost................................. MPPP 5 R. Deductible ............................................................................................................ MPPP 5 S. Federal Policy Fee ............................................................................................... MPPP 5 T. Renewability......................................................................................................... MPPP 5 U. Cancellations........................................................................................................ MPPP 6 V. Endorsement........................................................................................................MPPP 6 W. Assignment to a Third Party................................................................................. MPPP 6 X. Article XIII--Restriction on Other Flood Insurance ............................................... MPPP 6 GENERAL CHANGE ENDORSEMENT..................................................................................... END 1 I. ENDORSEMENT RULES............................................................................................. END 1 A. Coverage Endorsements ..................................................................................... END 1 B. Rating Endorsements........................................................................................... END 1 C. Misrated Policy..................................................................................................... END 2 D. Conversion of Standard Rated Policy to PRP Due to Misrating or Map RevisionEND 2 E. Changing Deductibles.......................................................................................... END 2 F. Correcting Property Address................................................................................ END 2 II. ENDORSEMENT PROCESSING PRIOR TO POLICY RENEWAL (NFIP DIRECT BUSINESS ONLY) ..................................................................................................... END 2 A. During Last 90 Days of Policy Term .................................................................... END 2 B. During Last 75 Days of Policy Term .................................................................... END 3 C. Refunds Generated from Endorsement Processing ............................................ END 3 III. PREPARATION OF FORM .......................................................................................... END 3 A. General Instructions ............................................................................................. END 3 B. Refund Processing Procedures ........................................................................... END 3 IV. ENDORSEMENT RATING EXAMPLES ...................................................................... END 5 POLICY RENEWALS ................................................................................................................. REN 1 I. GENERAL INFORMATION .......................................................................................... REN 1 II. RENEWAL NOTICE ..................................................................................................... REN 1 A. Renewing for the Same Coverage--Option A ...................................................... REN 1 B. Inflation Factor--Option B..................................................................................... REN 1 C. Nonrenewal and Cancellation .............................................................................. REN 1 III. PREMIUM PAYMENT DUE.......................................................................................... REN 1 IV. FINAL NOTICE............................................................................................................. REN 2 V. RENEWAL EFFECTIVE DATE DETERMINATION ..................................................... REN 2 VI. INSUFFICIENT RENEWAL INFORMATION................................................................ REN 2 VII. ENDORSEMENTS DURING RENEWAL CYCLE........................................................ REN 2 VIII. SEVERE REPETITIVE LOSS PROPERTIES.............................................................. REN 2 vii May 1, 2008 TABLE OF CONTENTS (Continued) SECTION PAGE CANCELLATION/NULLIFICATION ........................................................................................... CN 1 I. PROCEDURES AND VALID REASONS ..................................................................... CN 1 A. Refund Processing Procedures ........................................................................... CN 1 B. Valid Reason Codes for Cancellation/Nullification of NFIP Policies.................... CN 1 II. COMPLETING THE CANCELLATION/NULLIFICATION REQUEST FORM .............. CN 7 A. Current Policy Number......................................................................................... CN 7 B. Policy Term .......................................................................................................... CN 7 C. Agent Information................................................................................................. CN 7 D. Insured Mail Address ........................................................................................... CN 7 E. First Mortgagee .................................................................................................... CN 7 F. Other Parties Notified...........................................................................................CN 7 G. Property Location ................................................................................................. CN 7 H. Cancellation Reason Code .................................................................................. CN 8 I. Refund.................................................................................................................. CN 8 J. Signature.............................................................................................................. CN 8 CLAIMS ..................................................................................................................................... CL 1 I. INSURED'S RESPONSIBILITIES ................................................................................ CL 1 A. Filing a Claim........................................................................................................ CL 1 B. Appealing a Claim ................................................................................................ CL 1 II. PRODUCER'S RESPONSIBILITIES............................................................................ CL 3 III. SINGLE ADJUSTER PROGRAM IMPLEMENTATION ............................................... CL 3 A. Schedule and Notification .................................................................................... CL 3 B. Training ................................................................................................................ CL 4 C. Producer Responsibilities..................................................................................... CL 4 IV. INCREASED COST OF COMPLIANCE (ICC) CLAIMS .............................................. CL 4 POLICY ..................................................................................................................................... POL 1 DWELLING FORM: SUMMARY OF SIGNIFICANT CHANGES, DECEMBER 2000 ........................................... POL 2 I. AGREEMENT............................................................................................................... POL 3 II. DEFINITIONS............................................................................................................... POL 3 III. PROPERTY COVERED............................................................................................... POL 5 IV. PROPERTY NOT COVERED ...................................................................................... POL 10 V. EXCLUSIONS .............................................................................................................. POL 11 VI. DEDUCTIBLES ............................................................................................................ POL 12 VII. GENERAL CONDITIONS............................................................................................. POL 12 VIII. LIBERALIZATION CLAUSE ......................................................................................... POL 20 IX. WHAT LAW GOVERNS ............................................................................................... POL 20 CLAIM GUIDELINES IN CASE OF A FLOOD ...................................................................... POL 21 viii May 1, 2008 TABLE OF CONTENTS (Continued) SECTION PAGE GENERAL PROPERTY FORM: SUMMARY OF SIGNIFICANT CHANGES, DECEMBER 2000............................................ POL 22 I. AGREEMENT............................................................................................................... POL 23 II. DEFINITIONS...............................................................................................................POL 23 III. PROPERTY COVERED............................................................................................... POL 25 IV. PROPERTY NOT COVERED ...................................................................................... POL 30 V. EXCLUSIONS .............................................................................................................. POL 31 VI. DEDUCTIBLES ............................................................................................................ POL 32 VII. GENERAL CONDITIONS............................................................................................. POL 32 VIII. LIBERALIZATION CLAUSE ......................................................................................... POL 39 IX. WHAT LAW GOVERNS ............................................................................................... POL 39 CLAIM GUIDELINES IN CASE OF A FLOOD ...................................................................... POL 40 RESIDENTIAL CONDOMINIUM BUILDING ASSOCIATION POLICY: SUMMARY OF SIGNIFICANT CHANGES, DECEMBER 2000............................................ POL 42 I. AGREEMENT............................................................................................................... POL 43 II. DEFINITIONS...............................................................................................................POL 43 III. PROPERTY COVERED............................................................................................... POL 45 IV. PROPERTY NOT COVERED ...................................................................................... POL 50 V. EXCLUSIONS .............................................................................................................. POL 50 VI. DEDUCTIBLES ............................................................................................................ POL 51 VII. COINSURANCE ........................................................................................................... POL 52 VIII. GENERAL CONDITIONS............................................................................................. POL 53 IX. LIBERALIZATION CLAUSE ......................................................................................... POL 60 X. WHAT LAW GOVERNS ............................................................................................... POL 60 CLAIM GUIDELINES IN CASE OF A FLOOD ...................................................................... POL 61 ix May 1, 2008 TABLE OF CONTENTS (Continued) SECTION PAGE FLOOD MAPS ............................................................................................................................ MAP 1 I. OVERVIEW .................................................................................................................. MAP 1 A. Types of Flood Maps............................................................................................ MAP 1 B. Map Information ................................................................................................... MAP 1 C. Communities Without a Map................................................................................ MAP 1 II. MAP ZONES ................................................................................................................ MAP 2 A. Special Flood Hazard Areas (SFHAs) ................................................................. MAP 2 B. Moderate, Minimal Hazard Areas ........................................................................ MAP 2 III. LOCATING A SPECIFIC PROPERTY ON A MAP....................................................... MAP 2 IV. CHANGING OR CORRECTING A FLOOD MAP......................................................... MAP 3 A. Letter of Map Amendment (LOMA)...................................................................... MAP 3 B. Letter of Map Revision (LOMR) ........................................................................... MAP 3 C. Physical Map Revision ......................................................................................... MAP 3 V. ORDERING FLOOD MAPS.......................................................................................... MAP 4 A. Ordering Instructions............................................................................................ MAP 4 B. Prices ................................................................................................................... MAP 4 C. Map Revisions...................................................................................................... MAP 4 PROVISIONAL RATING............................................................................................................. PR 1 I. GENERAL DESCRIPTION........................................................................................... PR 1 II. ELIGIBILITY REQUIREMENTS ................................................................................... PR 1 III. REFORMATION ........................................................................................................... PR 1 A. Limitations ............................................................................................................ PR 1 B. Endorsement Procedure ...................................................................................... PR 1 C. Endorsement Alternative...................................................................................... PR 1 IV. NOTIFICATION REQUIREMENTS .............................................................................. PR 1 V. COMPLETING THE PROVISIONAL RATING QUESTIONNAIRE .............................. PR 2 A. General Directions ............................................................................................... PR 2 B. Guidance for Determining Building Elevated on Fill ............................................ PR 2 VI. PROVISIONAL RATING EXAMPLE ............................................................................ PR 4 COASTAL BARRIER RESOURCES SYSTEM.......................................................................... CBRS 1 LIST OF COMMUNITIES ...................................................................................................... CBRS 3 COMMUNITY RATING SYSTEM ............................................................................................... CRS 1 I. GENERAL DESCRIPTION........................................................................................... CRS 1 II. ELIGIBILITY ................................................................................................................. CRS 1 III. CLASSIFICATIONS AND DISCOUNTS....................................................................... CRS 1 x May 1, 2008 TABLE OF CONTENTS (Continued) SECTION PAGE IV. CRS ACTIVITIES THAT CAN DIRECTLY BENEFIT INSURANCE AGENTS............. CRS 1 ELIGIBLE COMMUNITIES.................................................................................................... CRS 2 GUIDANCE FOR SEVERE REPETITIVE LOSS PROPERTIES ............................................... SRL 1 I. GENERAL DESCRIPTION........................................................................................... SRL 1 II. NOTIFICATION REQUIREMENTS .............................................................................. SRL 1 III. DISPUTE RESOLUTION.............................................................................................. SRL 1 IV. MITIGATION.................................................................................................................SRL 2 DEFINITIONS ............................................................................................................................. DEF 1 INDEX ..................................................................................................................................... IND 1 xi May 1, 2008 LIST OF TABLES SECTION/TABLE PAGE REFERENCE NFIP Servicing Agent Contact Information for NFIP Direct Program Agents ........................ REF 3 NFIP General Contact Information for All NFIP Stakeholders ............................................... REF 4 NFIP Bureau and Statistical Agent Regional Offices............................................................. REF 5 GENERAL RULES Matching Standard Flood Insurance Policy Forms with Specific Risks ................................ GR 2 RATING Amount of Insurance Available .............................................................................................. RATE 1 Table 1. Emergency Program Rates.................................................................................. RATE 1 Table 2. Regular Program--Pre-FIRM Construction Rates................................................ RATE 2 Table 3. Regular Program--Post-FIRM Construction Rates .............................................. RATE 3 Table 4. Regular Program--FIRM Zone AR and AR Dual Zones Rates ............................ RATE 9 Table 5. Regular Program--Pre-FIRM and Post-FIRM Elevation-Rated Rates ................. RATE 10 Table 6. Precalculated Pre-FIRM Premium Table for Single-Family Dwellings................. RATE 11 Table 7. Federal Policy Fee and Probation Surcharge Table............................................ RATE 12 Table 8A. Standard Deductibles........................................................................................... RATE 12 Table 8B. Deductible Factors ............................................................................................... RATE 13 Table 9. Standard Flood Insurance Policy Increased Cost of Compliance (ICC) Coverage Premiums.......................................................................................... RATE 14 Table 10. V-Zone Risk Rating RelativitiesTable .................................................................. RATE 33 CONDOMINIUMS Table 1. Condominium Underwriting Guidelines................................................................ CONDO 3 Table 2. Condominium Rating Chart.................................................................................. CONDO 4 Table 3. RCBAP High-Rise Condominium Rates .............................................................. CONDO 10 Table 4. RCBAP Low-Rise Condominium Rates............................................................... CONDO 14 Table 5. RCBAP High-Rise and Low-Rise Condominium Rates-- 1981 Post-FIRM V1-V30, VE Zone Rates ......................................................... CONDO 19 Table 6. RCBAP High-Rise and Low-Rise Condominium Rates-- Increased Cost of Compliance (ICC) Coverage................................................. CONDO 21 Table 7. RCBAP Deductible Factors – All Zones............................................................... CONDO 22 SPECIAL CERTIFICATIONS Approved Communities for Residential Basement Floodproofing Rating Credit ................... CERT 5 PREFERRED RISK POLICY The PRP at a Glance ............................................................................................................PRP 1 Preferred Risk Policy Condominium Rating Chart ................................................................ PRP 3 PRP Coverages Available Effective May 1, 2008 ................................................................. PRP 4 MORTGAGE PORTFOLIO PROTECTION PROGRAM Mortgage Portfolio Protection Program Rate and Increased Cost of Compliance (ICC) Table ........................................................................ MPPP 1 POLICY RENEWALS Summary of Policy Notices ................................................................................................... REN 3 xii May 1, 2008 LIST OF TABLES (Continued) SECTION/TABLE PAGE CANCELLATION/NULLIFICATION Processing Outcomes for Cancellation/Nullification of a Flood Insurance Policy.................. CN 9 FLOOD MAPS MSC Products, Services, and Fees ...................................................................................... MAP 5 COASTAL BARRIER RESOURCES SYSTEM List of Communities................................................................................................................ CBRS 3 COMMUNITY RATING SYSTEM CRS Premium Discounts ....................................................................................................... CRS 1 Eligible Communities.............................................................................................................. CRS 2 xiii May 1, 2008 LIST OF ILLUSTRATIONS SECTION/ILLUSTRATION PAGE APPLICATION Flood Insurance Application - Part 1 .....................................................................................APP 9 Flood Insurance Application - Part 2 .....................................................................................APP 10 RATING V-Zone Risk Factor Rating Form and Instructions .................................................................RATE 35 LOWEST FLOOR GUIDE Lowest Floor Determination Guide.........................................................................................LFG 3 SPECIAL CERTIFICATIONS Residential Basement Floodproofing Certificate................................................................... CERT 7 Floodproofing Certificate for Non-Residential Structures...................................................... CERT 9 Elevation Certificate and Instructions - New Edition (2/13/2006).......................................... CERT 11 Elevation Certificate and Instructions - Old Edition (1/1/2003) ............................................. CERT 27 PREFERRED RISK POLICY Flood Insurance Preferred Risk Policy Application ...............................................................PRP 9 GENERAL CHANGE ENDORSEMENT Flood Insurance General Change Endorsement....................................................................END 13 POLICY RENEWALS Renewal Notice ..................................................................................................................... REN 4 Final Notice…… .................................................................................................................... REN 6 Credit Card Payment Form ....................................................................................................REN 8 CANCELLATION/NULLIFICATION Flood Insurance Cancellation/Nullification Request Form .....................................................CN 10 POLICY Standard Flood Insurance Policy - Dwelling Form................................................................ POL 3 Standard Flood Insurance Policy - General Property Form .................................................. POL 23 Standard Flood Insurance Policy - Residential Condominium Building Association Policy.................................................................................................................................. POL 43 FLOOD MAPS Sample Flood Insurance Rate Map (FIRM) .......................................................................... MAP 7 Sample Flood Hazard Boundary Map (FHBM) ..................................................................... MAP 8 xiv May 1, 2008 LIST OF ILLUSTRATIONS (Continued) SECTION/ILLUSTRATION PAGE PROVISIONAL RATING Provisional Rating Questionnaire.......................................................................................... PR 3 Sample Notice to Accompany Provisionally Rated Policies.................................................. PR 5 GUIDANCE FOR SEVERE REPETITIVE LOSS PROPERTIES Agent’s 90-Day Notification Letter......................................................................................... SRL 3 Lender’s 90-Day Notification Letter....................................................................................... SRL 5 Policyholder’s 90-Day Notification Letter .............................................................................. SRL 7 xv May 1, 2008 REFERENCE I. INTRODUCTION TO THE NATIONAL FLOOD INSURANCE PROGRAM The National Flood Insurance Program (NFIP) was established by the National Flood Insurance Act of 1968. The Act was in response to Congress finding that: • Flooding disasters required unforeseen disaster relief and placed an increased burden on the nation's resources. • The installation of flood preventive and protective measures and other public programs designed to reduce losses caused by flood damage had not been sufficient to adequately protect against the growing exposure to flood losses as a matter of national policy. A reasonable method of slowing the risk of flood losses would be through a program of flood insurance that could complement and encourage preventive and protective measures. • Many factors made it uneconomical for the private insurance industry carriers to make flood insurance available to those in need of such protection on reasonable terms and conditions. • A program of flood insurance with large- scale participation of the federal government and the maximum extent practicable by the private industry was feasible and could be initiated. Congress stated that the purpose in passing the Act was to: • Authorize a flood insurance program that, over time, could be made available on a nationwide basis through the cooperative effort of the federal government and the private insurance industry. • Provide flexibility in the program so that such flood insurance would be based on workable methods of pooling risks, minimizing costs, and distributing burdens equitably among the general public and those who would be protected by flood insurance. • Encourage state and local governments to use wisely the lands under their jurisdictions by considering the hazard of flood when rendering decisions on the future use of such land, thus minimizing damage caused by flooding. From 1968 until 1979, the NFIP was administered by the U.S. Department of Housing and Urban Development. When the Federal Emergency Management Agency (FEMA) was established in 1979, administration of the NFIP was transferred to that agency. In March 2003, FEMA became part of the newly created U.S. Department of Homeland Security. The NFIP is a program in which communities formally agree, as evidenced by their adoption of codes and ordinances, to regulate the use of their flood-prone lands. In return, FEMA makes flood insurance coverage available on buildings and their contents throughout the community. FEMA has traditionally identified these flood hazard areas on maps, which are provided to communities for carrying out their responsibilities. The maps are also used by insurance producers to determine rates and by lenders to determine purchase requirements. II. THE WRITE YOUR OWN PROGRAM The Write Your Own (WYO) Program, begun in 1983, is a cooperative undertaking of FEMA and the private insurance industry. The WYO Program operates within the context of the NFIP and is subject to its rules and regulations. WYO allows participating property and casualty insurance companies to write and service federal flood insurance in their own names. The companies receive an expense allowance for policies written and claims processed while the federal government retains responsibility for underwriting losses. Individual WYO Companies may, to the extent possible, and consistent with Program rules and regulations, conform their flood business to their normal business practices for other lines of insurance. Many producers have elected to move or place their flood policies with one or more of the WYO Companies they represent. In brief, the producer has the following options: • Place all business with one or more WYO Companies; • Place business with both the NFIP directly and with one or more WYO Companies; or • Continue to place all flood insurance directly with the NFIP (referred to as "NFIP direct business"). REF 1 May 1, 2008 The goals of the Program are to increase the policy base, improve services, and involve the insurance companies. III. TECHNICAL ASSISTANCE In order to provide the most efficient service to policyholders, follow these procedures when requesting technical assistance in connection with the sale and servicing of Standard Flood Insurance Policies. It is essential that all parties—WYO companies, the National Flood Insurance Program’s Bureau and Statistical Agent, the NFIP Servicing Agent, insurance agents and adjusters—comply. A. WYO Companies Agents and adjusters servicing flood insurance business through one of the Write Your Own (WYO) companies should direct questions and requests for technical assistance to the WYO Company itself. If the WYO Company needs technical assistance, then it will contact its Business Analyst at the NFIP’s Bureau and Statistical Agent. If the Business Analyst, with the assistance of technical experts at the Bureau, cannot provide the needed assistance, the Bureau will direct the inquiry to FEMA for an answer. B. NFIP Servicing Agent (NFIP Direct) Agents and adjusters servicing flood insurance business through the NFIP Servicing Agent should contact the NFIP Servicing Agent for the answer to technical questions or the resolution of technical problems connected with the NFIP. If the NFIP Servicing Agent cannot provide the needed assistance, it will contact FEMA for an answer. C. Special Direct Facility Agents and adjusters serving flood insurance policies identified as targeted repetitive loss properties should contact the Special Direct Facility established by the NFIP Servicing Agent for technical assistance. See the Severe Repetitive Loss section of this manual for more information. REF 2 May 1, 2008 NFIP SERVICING AGENT CONTACT INFORMATION FOR NFIP DIRECT PROGRAM AGENTS The contact information below is for use only by agents/producers who write with the NFIP Direct Program— that is, the NFIP Servicing Agent. Agents/producers who write with the NFIP Write Your Own (WYO) Program must submit materials and questions to their WYO Companies. CORRESPONDENCE TYPE MAILING ADDRESS TELEPHONE & FAX NUMBERS* Applications (not Submit-for Rate) NFIP Servicing Agent P.O. Box 29138 Shawnee Mission, KS 66201-9138 Phone 1-800-638-6620 Fax 1-800-742-3148 Endorsements Cancellations NFIP Servicing Agent P.O. Box 2992 Shawnee Mission, KS 66201-1392 Phone 1-800-638-6620 Fax 1-800-742-3148 Submit-for-Rate Applications (See pages RATE 24-25) Underpayment Letters Underwriting Inquiries and Issues All Other Inquiries NFIP Servicing Agent P.O. Box 2965 Shawnee Mission, KS 66201-1365 Phone 1-800-638-6620 Fax 1-800-742-3148 Severe Repetitive Loss Properties NFIP Special Direct Facility P.O. Box 29524 Shawnee Mission, KS 66201-5524 Phone 1-800-638-6620 Fax 1-800-742-3148 Renewal Notices (with premium payments) Expiration Notices (with premium payments) National Flood Insurance Program P.O. Box 70936 Charlotte, NC 28272-0936 Phone 1-800-638-6620 Fax 1-800-742-3148 Notices of Loss Written Claims Inquiries All Other Claims Correspondence NFIP Servicing Agent P.O. Box 2966 Shawnee Mission, KS 66201-1366 Phone 1-800-767-4341 Fax 1-800-767-5574 Overnight Express Deliveries Certified Mail NFIP Servicing Agent C/o Covansys 13401 W. 98th St. Lenexa, KS 66215 N/A *Telecommunication Device for the Deaf (TDD) 1-800-447-9487 REF 3 May 1, 2008 NFIP GENERAL CONTACT INFORMATION FOR ALL NFIP STAKEHOLDERS TOPIC MAIL, E-MAIL & WEBSITE ADDRESSES TELEPHONE & FAX NUMBERS* Agent Referral Program Information & Sign-up Form https://agents.floodsmart.gov Phone 1-888-786-7693 CBRS Areas – Map Panel Listing http://www.fema.gov/business/nfip/cbrs/cbrs.shtm N/A Community Status Book (order hardcopy or CD-ROM, or download PDF) FEMA Map Service Center P.O. Box 1038 Jessup, MD 20794-1038 http://www.fema.gov/fema/csb.shtm Phone 1-800-358-9616 Fax 1-800-358-9620 FEMA Information Resource Library, Multimedia http://www.fema.gov/library/index.jsp N/A Flood Insurance Manual (order hardcopy or CD-ROM, or download PDF) FEMA Map Service Center P.O. Box 1038 Jessup, MD 20794-1038 http://www.fema.gov/business/nfip/manual.shtm Phone 1-800-358-9616 Fax 1-800-358-9620 Flood Map Information from FEMA Map Specialists on: - Letters of Map Change - Other Technical Issues FEMA Map Assistance Center 3601 Eisenhower Avenue, Suite 600 Alexandria, VA 22304 femamapspecialist@mapmodteam.com Phone 1-877-336-2627 Flood Maps, Flood Insurance Studies, and Q3 Data (order hardcopy or CD-ROM) FEMA Map Service Center P.O. Box 1038 Jessup, MD 20794-1038 http://msc.fema.gov Phone 1-800-358-9616 Fax 1-800-358-9620 Flood Zone Determination Companies, List of http://www.fema.gov/business/nfip/fzone1.shtm N/A General Information for Agents & Consumers http://www.floodsmart.gov/floodsmart/pages/index.jsp N/A Supply Order Forms (bulk hardcopy orders): - Claims & Underwriting - Public Awareness Materials FEMA Distribution Center P.O. Box 2012 Jessup, MD 20794-2012 Phone 1-800-480-2520 Fax 1-301-362-5335 Training on Flood Insurance http://www.fema.gov/business/nfip/wshops.shtm; http://training.nfipstat.com/portal2/default.asp Phone (see REF 5-6) Watermark & e-Watermark Newsletters http://www.fema.gov/business/nfip/wm.shtm; http://watermark.nfipstat.com/index.htm N/A Write Your Own (WYO) Companies, List of http://www.fema.gov/nfipInsurance/companies.jsp Phone 1-800-480-2520 (item 073, “The Choice Is Yours”) *Telecommunication Device for the Deaf (TDD) 1-800-447-9487 REF 4 May 1, 2008 NATIONAL FLOOD INSURANCE PROGRAM BUREAU AND STATISTICAL AGENT REGIONAL OFFICES The National Flood Insurance Program's Bureau and Statistical Agent operates a network of regional offices within the continental United States. The primary function of the regional offices is lender and producer training through workshops and individual visits. Other services provided by the regional offices are similar to those provided by an insurance company field office. The regional offices do not handle processing, nor do they have policy files at their locations. However, the regional staff may be able to assist with problems and answer questions of a general nature. The latest contact information for both NFIP Bureau and Statistical Agent and FEMA regional offices is available at http://www.fema.gov/about/contact/regions.shtm. NFIP BUREAU AND NFIP BUREAU AND SERVICE STATISTICAL AGENT STATISTICAL AGENT AREA REGIONAL OFFICES REGIONAL STAFF Region I Suite 200 Robert Archila Connecticut, Maine, Massachusetts, 140 Wood Road Regional Manager New Hampshire, Rhode Island, Braintree, MA 02184-2513 Vermont Phone: 781-848-1908 Fax: 781-356-4142 Region II Executive Quarters Q-13 Walter McGuckin New Jersey, New York 1930 East Marlton Pike Regional Manager Cherry Hill, NJ 08003 Phone: 856-489-4005 Fax: 856-424-7112 Region III Executive Quarters Q-24 Richard Sobota, CPCU, CFM Delaware, District of Columbia, 1930 East Marlton Pike Territorial Manager Maryland, Pennsylvania, Virginia, Cherry Hill, NJ 08003 West Virginia Phone: 856-489-4003 Fax: 856-751-2817 Region IV – Atlanta Office P.O. Box 2706 Roger Widdifield Alabama, Georgia, Kentucky, Suwanee, GA 30024-0984 Territorial Manager Mississippi, North Carolina, South Phone: 770-887-6865 Carolina, Tennessee Fax: 770-887-6878 Region IV – Tampa Office P.O. Box 1046 Lynne Magel Florida Zephyrhills, FL 33539-1046 Program Specialist Phone: 813-779-9642 Fax: 813-779-3085 REF 5 May 1, 2008 NFIP BUREAU AND STATISTICAL AGENT REGIONAL OFFICES Region V Suite 123 18008 Wolf Road Orland Park, IL 60467-5407 Phone: 708-326-3072 Fax: 708-326-3074 Region VI Suite 200 1400 Broadfield Boulevard Houston, TX 77084-5162 Phone: 281-994-7833 Fax: 281-829-6879 Region VII Suite 3 401 South Main Street Ottawa, KS 66067-2300 Phone: 785-242-1097 Fax: 785-242-4338 Region VIII 12420 W. 20th Avenue Lakewood, CO 80215-1065 Phone: 303-275-3475 Fax: 303-275-3471 Region IX Suite 103 1532 Eureka Road Roseville, CA 95661-3054 Phone: 916-780-7889 Fax: 916-780-7905 Region X P.O. Box 602 Bothell, WA 98041-0602 Phone: 425-482-0316 Fax: 425-908-7639 NFIP BUREAU AND STATISTICAL AGENT REGIONAL STAFF Richard Slevin Regional Manager Dorothy Martinez, CFM Regional Manager Sonja Wood, CFM Acting Regional Manager Norman Ashford, CPCU Territorial Manager George Blaufuss Regional Manager Leslie Melville, CFM Regional Manager SERVICE AREA Illinois, Indiana, Michigan, Minnesota, Ohio, Wisconsin Arkansas, Louisiana, New Mexico, Oklahoma, Puerto Rico, Texas, Virgin Islands Iowa, Kansas, Missouri, Nebraska Colorado, Montana, North Dakota, South Dakota, Utah, Wyoming Arizona, California, Guam, Hawaii, Nevada Alaska, Idaho, Oregon, Washington REF 6 May 1, 2008 PAPERWORK BURDEN DISCLOSURE NOTICE GENERAL—This information is provided pursuant to Public Law 96-511 (Paperwork Reduction Act of 1980, as amended), dated December 11, 1980, to allow the public to participate more fully and meaningfully in the Federal paperwork review process. AUTHORITY—Public Law 96-511, amended; 44 U.S.C. 3507; and 5 CFR 1320 DISCLOSURE OF BURDEN—Public reporting burden for the collection of information entitled "National Flood Insurance Program Policy Forms," is estimated to average 10 minutes per response, excluding the V-Zone Risk Factor Rating Form. The estimated burden includes the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the forms. Reporting burden for these forms, as part of this collection, is listed below. Send comments regarding the burden estimate or any aspect of the collection, including suggestions for reducing the burden, to: U.S. Department of Homeland Security, Federal Emergency Management Agency, 500 C Street, S.W., Washington, D.C. 20472, Paperwork Reduction Project (1660-0006). NOTE: Do not send completed forms to this address. PRIVACY ACT—The information requested is necessary to process these forms for flood insurance. The authority to collect the information is Title 42, U.S. Code, Sections 4001 to 4028. Furnishing the information is voluntary. It will not be disclosed outside the Federal Emergency Management Agency except to the servicing office acting as the government's fiscal agent, to routine users, to agents, and mortgagees named on policies. FEMA FORM NUMBER TITLE BURDEN HOURS 81-16 Application for Flood Insurance (New) 12.00 Minutes 81-16 Application for Flood Insurance (Renewal) 7.50 Minutes 81-17 Cancellation/Nullification Request 7.50 Minutes 81-18 General Change Endorsement (w/Premium) 9.00 Minutes 81-18 General Change Endorsement (w/o Premium) 9.00 Minutes 81-25 V-Zone Risk Factor Rating 6.00 Hours 81-67 Preferred Risk Application 15.00 Minutes REF 7 May 1, 2008 GENERAL RULES I. COMMUNITY ELIGIBILITY A. Participating (Eligible) Communities Flood insurance may be written only in those communities that have been designated as participating in the National Flood Insurance Program (NFIP) by the Federal Emergency Management Agency (FEMA). B. Emergency Program The Emergency Program is the initial phase of a community's participation in the NFIP. Limited amounts of coverage are available. C. Regular Program The Regular Program is the final phase of a community's participation in the NFIP. In this phase, a Flood Insurance Rate Map is in effect and full limits of coverage are available. D. Maps Maps of participating communities indicate the degree of flood hazard so that actuarial premium rates can be assigned for insurance coverage on properties at risk. 1. Flood Hazard Boundary Map (FHBM) - Usually the initial map of a community. Some communities entering the Regular Program will continue to use FHBMs renamed a Flood Insurance Rate Map (FIRM), if there is a minimum flood hazard. 2. Flood Insurance Rate Map (FIRM) - The official map of the community containing detailed actuarial risk premium zones. 3. Rescission - Participating communities in the Emergency Program remain in the Emergency Program if an FHBM is rescinded. E. Probation Probation, imposed by the FEMA Regional Director, occurs as a result of noncompliance with NFIP floodplain management criteria. A community is placed on probation for 1 year (may be extended), during which time a $50 surcharge is applied to all NFIP policies, including the Preferred Risk Policy, issued on or after the Probation Surcharge effective date. Probation is terminated if deficiencies are corrected. However, if a community does not take remedial or corrective measures while on probation, it can be suspended. F. Suspension Flood insurance may not be sold or renewed in communities that are suspended from the NFIP. When a community is suspended, coverage remains in effect until expiration. These policies cannot be renewed. G. Non-Participating (Ineligible) Communities When FEMA provides a non-participating community with a Flood Hazard Boundary Map (FHBM) or Flood Insurance Rate Map (FIRM) delineating its flood-prone areas, the community is allowed 1 year in which to join the NFIP. If the community chooses not to participate in the NFIP, flood insurance is not available. H. Coastal Barrier Resources Act Flood insurance may not be available for buildings and/or contents located in coastal barriers or otherwise protected areas. See the Coastal Barrier Resources System section for additional information. I. Federal Land Buildings and/or contents located on land owned by the federal government are eligible for flood insurance if the federal agency having control of the land has met floodplain management requirements. All federal land is recorded under the local community number even if that local community does not have jurisdiction. II. POLICIES AND PRODUCTS AVAILABLE A. Standard Flood Insurance Policy The Standard Flood Insurance Policy (SFIP) consists of the Dwelling Form, the General Property Form, and the Residential Condominium Building Association Policy (RCBAP) Form. The three SFIP forms are reproduced in the Policy section of this manual. The table on the next page shows how agents can use the three SFIP forms to insure a variety of residential and non-residential building and contents risks. GR 1 May 1, 2008 Matching Standard Flood Insurance Policy Forms with Specific Risks SFIP FORM ELIGIBILITY Dwelling Form Issued to homeowner, residential renter, or owner of residential building containing two to four units. In NFIP Regular Program community or Emergency Program community, provides building and/or contents coverage for: . Detached, single-family, non-condominium residence with incidental occupancy limited to less than 50% of the total floor area; . Two- to four-family, non-condominium building with incidental occupancy limited to less than 25% of the total floor area; . Dwelling unit in residential condominium building; .. Residential townhouse/rowhouse. General Property Form Issued to owner of residential building with five or more units. Issued to owner or lessee of non-residential building or unit. In NFIP Regular Program community or Emergency Program community, provides building and/or contents coverage for these and similar “other residential” risks: . Hotel or motel with normal guest occupancy of 6 months or more; . Tourist home or rooming house with five or more lodgers; .. Apartment building; . Residential cooperative building; .. Dormitory; .. Assisted-living facility. In NFIP Regular Program community or Emergency Program community, provides building coverage and/or contents coverage for these and similar non-residential risks: . Hotel or motel with normal guest occupancy of less than 6 months; .. Licensed bed-and-breakfast inn; . Retail shop, restaurant, or other business; .. Mercantile building; . Grain bin, silo, or other farm building; . Agricultural or industrial processing facility; .. Factory; .. Warehouse; . Poolhouse, clubhouse, or other recreational building; .. House of worship; .. School; .. Nursing home; .. Non-residential condominium; . Condominium building with less than 75% of its total floor area in residential use; .. Detached garage; .. Tool shed; . Stock, inventory, or other commercial contents. Residential Condominium Building Association Policy (RCBAP) Issued to residential condominium association on behalf of association and unit owners. In NFIP Regular Program community only, provides building coverage and, if desired, coverage of commonly owned contents for residential condominium building with 75% or more of its total floor area in residential use. B. Insurance Products 1. Preferred Risk Policy The Preferred Risk Policy (PRP) is available in moderate-risk flood zones B, C, and X. Formerly, only single-family and two- to four- family dwellings were eligible for coverage. Other residential and non-residential buildings became eligible for coverage effective May 1, 2004. Greatly expanded coverage options for residential and non residential buildings are effective May 1, 2008. Information about coverage options and eligibility requirements for the Preferred Risk Policy is provided in the PRP section of this manual. 2. Mortgage Portfolio Protection Program (MPPP) The Mortgage Portfolio Protection Program (MPPP) offers a force-placed policy available only through a Write Your Own Company. GR 2 May 1, 2008 3. Scheduled Building Policy The Scheduled Building Policy is available to cover 2 to 10 buildings. The policy requires a specific amount of insurance to be designated for each building. To qualify, all buildings must have the same ownership and the same location. The properties on which the buildings are located must be contiguous. 4. Group Flood Insurance Group Flood Insurance is issued under the NFIP Direct Program in response to a Presidential disaster declaration. Disaster assistance applicants, in exchange for a modest premium, receive a minimum amount of building and/or contents coverage for a 3-year policy period. The Group Flood Insurance Policy cannot be cancelled. However, an applicant may purchase a regular Standard Flood Insurance Policy through the NFIP. When this is done, the group flood certificate for the property owner is void, and premium will not be refunded. III. BUILDING PROPERTY ELIGIBILITY A. Eligible Buildings Insurance may be written only on a structure with two or more outside rigid walls and a fully secured roof that is affixed to a permanent site. Buildings must resist flotation, collapse, and lateral movement. At least 51 percent of the actual cash value of buildings, including machinery and equipment, which are a part of the buildings, must be above ground level, unless the lowest level is at or above the Base Flood Elevation (BFE) and is below ground by reason of earth having been used as insulation material in conjunction with energy-efficient building techniques. 1. Appurtenant Structures The only appurtenant structure covered by the SFIP is a detached garage at the described location, which is covered under the Dwelling Form. Coverage is limited to no more than 10 percent of the limit of liability on the dwelling. Use of this insurance is at the policyholder’s option but reduces the building limit of liability. The SFIP does not cover any detached garage used or held for use for residential (i.e., dwelling), business, or farming purposes. 2. Manufactured (Mobile) Homes/Travel Trailers Eligible buildings also include: • A manufactured home (a “manufactured home,” also known as a mobile home, is a structure built on a permanent chassis, transported to its site in one or more sections, and affixed to a permanent foundation); or • A travel trailer without wheels, built on a chassis and affixed to a permanent foundation, that is regulated under the community’s floodplain management and building ordinances or laws. NOTE: All references in this manual to manufactured (mobile) homes include travel trailers without wheels. a. Manufactured (Mobile) Homes -New Policies Effective on or After October 1, 1982 To be insurable under the NFIP, a mobile home: • Must be affixed to a permanent foundation. A permanent foundation for a manufactured (mobile) home may be poured masonry slab or foundation walls, or may be piers or block supports, either of which support the mobile home so that no weight is supported by the wheels and axles of the mobile home. • Must be anchored if located in a Special Flood Hazard area. For flood insurance coverage, all new policies and subsequent renewals of those policies must be based upon the specific anchoring requirements identified below: A manufactured (mobile) home located within a Special Flood Hazard Area must be anchored to a permanent foundation to resist flotation, collapse, or lateral movement by providing over-the-top or frame ties to ground anchors; or in accordance with manufacturer’s specifications; or in compliance with the community’s floodplain management requirements. GR 3 May 1, 2008 b. Manufactured (Mobile) Homes - Continuously Insured Since September 30, 1982 All manufactured (mobile) homes on a foundation continuously insured since September 30, 1982, can be renewed under the previously existing requirements if affixed to a permanent foundation. Manufactured (mobile) homes in compliance with the foundation and anchoring requirements at the time of placement may continue to be renewed under these requirements even though the requirements are more stringent at a later date. To be adequately anchored, the manufactured (mobile) home is attached to the foundation support system, which in turn is established (stabilized) into the ground, sufficiently to resist flotation, collapse, and lateral movement caused by flood forces, including wind forces in coastal areas. 3. Silos and Grain Storage Buildings 4. Cisterns 5. Buildings Entirely Over Water - Constructed or Substantially Improved Before October 1, 1982 Follow "submit for rate" instructions in the Rating section for insurance on Post-FIRM buildings located entirely in, on, or over water or seaward of mean high tide for these buildings. Pre-FIRM buildings constructed before October 1, 1982, are eligible for normal Pre-FIRM rates. If the building's start of construction occurred on or after October 1, 1982, the building is ineligible for coverage. 6. Buildings Partially Over Water Follow “submit for rate” instructions in the Rating section for buildings partially over water. However, Pre-FIRM buildings are eligible for normal Pre-FIRM rates. 7. Boathouses Located Partially Over Water The non-boathouse parts of a building into which boats are floated are eligible for coverage if the building is partly over land and also used for residential, commercial, or municipal purposes and is eligible for flood coverage. The area above the boathouse used for purposes unrelated to the boathouse use (e.g., residential occupancy) is insurable from the floor joists to the roof including walls. A common wall between the boathouse area and the other part of the building is insurable. The following items are not covered: a. The ceiling and roof over the boathouse portions of the building into which boats are floated. b. Floors, walkways, decking, etc., within the boathouse area, or outside the area, but pertaining to boathouse use. c. Exterior walls and doors of the boathouse area not common to the rest of the building. d. Interior walls and coverings within the boathouse area. e. Contents located within the boathouse area, including furnishings and equipment, relating to the operation and storage of boats and other boathouse uses. The Flood Insurance Application form with photographs, but without premium, must be submitted to the NFIP for premium determination. No coverage becomes effective until the NFIP approves the insurance application, determines the rate, and receives the premium. However, buildings in existence prior to October 1, 1982, may continue to be rated using the published rate. 8. Buildings in the Course of Construction Buildings in the course of construction that have yet to be walled and roofed are eligible for coverage except when construction has been halted for more than 90 days and/or if the lowest floor used for rating purposes is below the Base Flood Elevation (BFE). Materials or supplies intended for use in such construction, alteration, or repair are not insurable unless they are contained within an enclosed building on the premises or adjacent to the premises. To determine the eligibility of a residential condominium building under construction, see page CONDO 6 in this manual. GR 4 May 1, 2008 9. Severe Repetitive Loss Properties These must be processed by the NFIP Special Direct Facility. See the Severe Repetitive Loss section of this manual for information. B. Single Building To qualify as a single building structure and be subject to the single building limits of coverage, a building must be separated from other buildings by intervening clear space or solid, vertical, load- bearing division walls. A building separated into divisions by solid, vertical, load-bearing walls from its lowest level to its highest ceiling may have each division insured as a separate building. A solid load-bearing interior wall cannot have any openings and must not provide access from one building or room into another (partial walls). However, if access is available through a doorway or opening, then the structure must be insured as one building unless the building is self contained; it is a separately titled building contiguous to the ground; it has a separate legal description; and it is regarded as a separate property for other real estate purposes, meaning that it has most of its own utilities and may be deeded, conveyed, and taxed separately. Additions and Extensions The NFIP insures additions and extensions attached to and in contact with the building by means of a rigid exterior wall, a solid load-bearing interior wall, a stairway, an elevated walkway, or a roof. At the insured’s option, additions and extensions connected by any of these methods may be separately insured. Additions and extensions attached to and in contact with the building by means of a common interior wall that is not a solid load-bearing wall are always considered part of the building and cannot be separately insured. C. Walls 1. Breakaway Walls For an enclosure's wall to qualify as breakaway, it must meet all of the following criteria: a. Above ground level; and b. Below the elevated floor of an elevated structure; and c. Non-structurally supporting (non-loadbearing walls); and d. Designed to fail under certain wave force conditions; and e. Designed so that, as a result of failure, it causes no damage to the elevated portions of the elevated building and/or its supporting foundation system. 2. Shear Walls Shear walls are used for structural support, but are not structurally joined or enclosed at the ends (except by breakaway walls). Shear walls are parallel (or nearly parallel) to the flow of the water and can be used in any zone. 3. Solid Perimeter Foundation Walls Solid perimeter foundation walls are used as a means of elevating the building in A Zones and must contain proper openings to allow for the unimpeded flow of floodwaters more than 1 foot deep. Solid perimeter foundation walls are not an acceptable means of elevating buildings in V/VE Zones. D. Determination of Building Occupancy The following terms should be used to determine the appropriate occupancy classification: 1. Single Family Dwellings These are non-condominium residential buildings designed for principal use as a dwelling place for one family, or a single- family dwelling unit in a condominium building. Residential single family dwellings are permitted incidental occupancies, including structures with office, professional, private school, or studio occupancies, including a small service operation, if such occupancies are limited to less than 50 percent of the building's total floor area. 2. 2-4 Family Dwellings These are non-condominium residential buildings designed for principal use as a dwelling place of two to four families. Residential buildings, excluding hotels and motels with normal room rentals for less than GR 5 May 1, 2008 6 months' duration and containing no more D. Commercial Contents Coverage than 4 dwelling units, are permitted incidental occupancies (see D.1 above). The total area Commercial contents in a residential property of incidental occupancy is limited to less than must be insured on the General Property Form. 25 percent of the total floor area within the V. EXAMPLES OF ELIGIBLE RISKS building. Examples of eligible risks are provided below. 3. Other Residential Buildings A. Building Coverage These include hotels or motels where the normal occupancy of a guest is 6 months or 1. Cooperative Building--Entire Building in Name of Cooperative (General Property more, or a tourist home or rooming house Form) which has more than four roomers. This also includes residential buildings, excluding Cooperative buildings where at least 75 hotels and motels with normal room rentals percent of the area of the building is used for for less than 6 months' duration and residential purposes are considered as containing more than four dwelling units. residential occupancies, and can be insured These buildings are permitted incidental for a maximum building coverage of occupancies (see D.1 above). The total area $250,000 in a Regular Program community of incidental occupancy is limited to less than under the General Property Form. Since they 25 percent of the total floor area within the are not in the condominium form of building. Examples of other residential ownership, they cannot be insured under the buildings include dormitories and assisted RCBAP. living facilities. 2. Time Sharing Building--Entire Building in 4. Non-Residential Buildings Name of Corporation (General Property Form) This category includes all other eligible occupancies (e.g., garages, poolhouses, Timeshare buildings not in the condominium recreational buildings, agricultural buildings, form of ownership where at least 75 percent licensed bed and breakfasts, nursing of the area of the building is used for homes, etc.). residential purposes are considered as residential occupancies under the NFIP, and IV. CONTENTS ELIGIBILITY can be insured for a maximum building coverage of $250,000 under the General A. Eligible Contents Property Form. Contents must be located in a fully enclosed Timeshare buildings in the condominium form building or secured to prevent flotation out of the of ownership are eligible for coverage and building. must be insured under the RCBAP. These buildings are subject to the same eligibility, B. Vehicles and Equipment rating, and coverage requirements as other condominiums, including the requirement that The NFIP covers self-propelled vehicles or 75 percent of the area of the building be used machines, provided they are not licensed for use for residential purposes. on public roads and are: B. Contents Coverage 1. Used mainly to service the described location; or Parts and equipment as open stock—not part of specific vehicle or motorized equipment—are 2. Designed and used to assist handicapped eligible for coverage. persons; C. Condominiums while the vehicles or machines are inside a building at the described location. Refer to pages CONDO 3-5. VI. INELIGIBLE PROPERTY C. Silos, Grain Storage Buildings, and Cisterns A. Buildings Contents located in silos, grain storage buildings, Coverage may not be available for buildings that and cisterns are insurable. are constructed or altered in such a way as to GR 6 May 1, 2008 place them in violation of state or local floodplain management laws, regulations, or ordinances. Contents and personal property contained in these buildings are ineligible for coverage. For example, section 1316 of the National Flood Insurance Act of 1968 allows the states to declare a structure to be in violation of a law, regulation, or ordinance. Flood insurance is not available for properties that are placed on the 1316 Property List. Insurance availability is restored once the violation is corrected and the 1316 Declaration has been rescinded. B. Container-Type Buildings Gas and liquid tanks, chemical or reactor container tanks or enclosures, brick kilns, and similar units, and their contents are ineligible for coverage. C. Buildings Entirely Over Water Buildings newly constructed or substantially improved on or after October 1, 1982, and located entirely in, on, or over water or seaward of mean high tide are ineligible for coverage. D. Buildings Partially Underground If 50 percent or more of the building's actual cash value, including the machinery and equipment, which are part of the building, is below ground level, the building or units and their contents are ineligible for coverage unless the lowest level is at or above the BFE and is below ground by reason of earth having been used as insulation material in conjunction with energy efficient building techniques. E. Basement/Elevated Building Enclosures Certain specific property in basements and under elevated floors of buildings is excluded from coverage. See the policy contract for specific information. VII. EXAMPLES OF INELIGIBLE RISKS Some specific examples of ineligible risks are provided below. See the policy for a definitive listing of property not covered. A. Building Coverage 1. Boat Repair Dock 2. Boat Storage Over Water 3. Boathouses (exceptions on page GR 4) 4. Camper 5. Cooperative Unit Within Cooperative Building 6. Decks (except for steps and landing; maximum landing area of 16 sq. ft.) 7. Drive-In Bank Teller Unit (located outside walls of building) 8. Fuel Pump 9. Gazebo (unless it qualifies as a building) 10. Greenhouse (unless it has at least two rigid walls and a roof) 11. Hot tub or spa (unless it is installed as a bathroom fixture) 12. Open Stadium 13. Pavilion (unless it qualifies as a building) 14. Pole Barn (unless it qualifies as a building) 15. Pumping Station (unless it qualifies as a building) 16. Storage Tank--Gasoline, Water, Chemicals, Sugar, etc. 17. Swimming Pool Bubble 18. Swimming Pool (indoor or outdoor) 19. Tennis Bubble 20. Tent 21. Time Sharing Unit Within Multi-Unit Building 22. Travel Trailer (unless converted to a permanent onsite building meeting the community's floodplain management permit requirements) 23. Water Treatment Plant (unless 51 percent of its actual cash value is above ground) B. Contents Coverage 1. Automobiles--Including Dealer's Stock (assembled or not) 2. Bailee's Customer Goods--Including garment contractors, cleaners, shoe repair shops, processors of goods belonging to others, and similar risks 3. Contents Located in a Structure Not Eligible for Building Coverage 4. Contents Located in a Building Not Fully Walled and/or Contents Not Secured Against Flotation GR 7 May 1, 2008 5. Motorcycles--Including Dealer's Stock (assembled or not) 6. Motorized Equipment--Including Dealer's Stock (assembled or not) C. Non-Residential Condominium Unit The owner of a non-residential condominium unit cannot purchase a unit owner's policy. The association can purchase a condominium association policy to cover the entire building. Contents-only coverage may be purchased by the unit owner. VIII. POLICY EFFECTIVE DATE A. Evidence of Insurance A copy of the Flood Insurance Application and premium payment, or a copy of the declarations page, is sufficient evidence of proof of purchase for new policies. The NFIP does not recognize binders. However, the NFIP recognizes Certificates of Insurance for renewal policies. B. Start of Waiting Period There is a standard 30-day waiting period for new applications and for endorsements to increase coverage. 1. If the application or endorsement form and the premium payment are received at the NFIP within 10 days from the date of application or endorsement request, or if mailed by certified mail within 4 days from the date of application or endorsement request, then the waiting period will be calculated from the application or endorsement date. Use the application date or endorsement date plus 9 days to determine if the application or endorsement and premium payment were received within 10 days. When sent by certified mail, use the application date or endorsement date plus 3 days to determine if the application or endorsement and premium payment were mailed within 4 days. 2. If the application or endorsement form and the premium payment are received at the NFIP after 10 days from the date of application or endorsement request, or are not mailed by certified mail within 4 days from the date of application or endorsement request, then the waiting period will be calculated from the date the NFIP receives the application or endorsement. As used in VIIl.B.1. and 2. above, the term “certified mail” extends to not only the U.S. Postal Service but also certain third-party delivery services. Acceptable third-party delivery services include Federal Express (FedEx), United Parcel Service (UPS), and courier services and the like that provide proof of mailing. Third-party delivery is acceptable if the delivery service provides documentation of the actual mailing date and delivery date to the NFIP insurer. Bear in mind that third-party delivery services deliver to street addresses but cannot deliver to U.S. Postal Service post office boxes. C. Effective Date 1. New Policy (other than 2, 3, or 4 below)- The effective date of a new policy will be 12:01 a.m., local time, on the 30th calendar day after the application date and the presentment of premium. (Example: a policy applied for on May 3 will become effective 12:01 a.m., local time, on June 2.) The effective date of coverage is subject to the waiting period rule listed under B.1 or B.2 above. 2. New Policy (in connection with making, increasing, extending, or renewing a loan, whether conventional or otherwise)--Flood insurance, which is initially purchased in connection with the making, increasing, extending, or renewal of a loan, shall be effective at the time of loan closing, provided that the policy is applied for and the presentment of premium is made at or prior to the loan closing. (Example: presentment of premium and application date--April 3, refinancing--April 3 at 3:00 p.m., policy effective date--April 3 at 3:00 p.m.) This rule applies to all buildings regardless of flood zone. The waiting period rule listed under B.1 or B.2 above does not apply. 3. New Policy (in connection with lender requirement)--The 30-day waiting period does not apply when flood insurance is required as a result of a lender determining that a loan on a building in a Special Flood Hazard Area (SFHA) that does not have flood insurance coverage should be protected by flood insurance. The coverage is effective upon the completion of an application and the presentment of payment of premium. (Example: presentment of premium and application date--April 3, policy effective date--April 3.) The waiting period rule listed under B.1 or B.2 must be used. 4. New Policy (when the initial purchase of flood insurance is in connection with the revision or updating of a Flood Hazard Boundary Map or Flood Insurance Rate GR 8 May 1, 2008 Map)--During the 13-month period beginning on the effective date of the map revision, the effective date of a new policy shall be 12:01 a.m., local time, following the day after the application date and the presentment of premium. This rule only applies where the Flood Hazard Boundary Map (FHBM) or Flood Insurance Rate Map (FIRM) is revised to show the building to be in a Special Flood Hazard Area (SFHA) when it had not been in an SFHA. (Example: FIRM revised--January 1, 2008, policy applied for and presentment of premium--August 3, 2008, policy effective date--August 4, 2008.) The waiting period rule listed under B.1 or B.2 above must be used. This rule applies to all property owners including condominium associations. 5. New Policy (in connection with the purchase of an RCBAP)--When a condominium association is purchasing a Residential Condominium Building Association Policy (RCBAP), the 30-day waiting period does not apply if the condominium association is required to obtain flood insurance as part of the security for a loan under the name of the condominium association. The coverage is effective upon completion of an application and presentment of premium. The waiting period rule listed under B.1 or B.2 above does not apply. Otherwise, the 30-day waiting period applies, and the waiting period rule listed under B.1 or B.2 above must be used. 6. New Policy (submit-for-rate application)-- With three exceptions (described below), the effective date of a new policy will be 12:01 a.m., local time, on the 30th calendar day after the presentment of premium. The three exceptions are as follows. First, there is no waiting period if the initial purchase of flood insurance on a submit- for-rate application is in connection with making, increasing, extending, or renewing a loan, provided that the policy is applied for and the presentment of premium is made at or prior to the loan closing. The waiting period rule listed under B.1 or B.2 above does not apply. Second, the 30-day waiting period does not apply when flood insurance is required as a result of a lender determining that a loan which does not have flood insurance coverage should be protected by flood insurance, because the building securing a loan is located in an SFHA. The coverage is effective upon the completion of an application and the presentment of payment of premium. This exemption from the 30-day waiting period applies only to loans in SFHAs, i.e., those loans for which the statute requires flood insurance. The waiting period rule listed under B.1 or B.2 above must be applied. Third, during the 13-month period beginning on the effective date of a map revision, the effective date of a new policy shall be 12:01 a.m., local time, following the day after the date the increased amount of coverage is applied for and the presentment of additional premium is made. This rule applies only on an initial purchase of flood insurance where the Flood Hazard Boundary Map (FHBM) or Flood Insurance Rate Map (FIRM) is revised to show the building to be in an SFHA when it had not been in an SFHA. The waiting period rule listed under B.1 or B.2 must be applied. 7. New Policy (rewrite Standard to PRP)--The 30-day waiting period does not apply when an insured decides to rewrite the existing policy at the time of renewal from Standard to a Preferred Risk Policy (PRP), provided that the selected PRP coverage limit amount is no higher than the next highest PRP amount above that which was carried on the Standard policy using the highest of building and contents coverage. In those cases where the Standard policy has only one kind of coverage, either building or contents only, the 30-day waiting period applies. In addition, if the structure is no longer eligible under the PRP or the insured decides to rewrite the existing PRP at renewal time to a Standard policy, the 30-day waiting period does not apply provided the coverage limit amount is no more than the previous PRP coverage amount or the next higher PRP amount above that. 8. New Policy (contents only)--Unless the contents are part of the security for a loan, the 30-day waiting period applies to the purchase of contents-only coverage. 9. New Policy (documentation required)--The insurer may rely on an agent’s GR 9 May 1, 2008 representation on the application that the loan exception applies unless there is a loss during the first 30 days of the policy period. In that case, the insurer must obtain documentation of the loan transaction, such as settlement papers, before adjusting the loss. 10. Community's Initial Entry or Conversion from Emergency to Regular Program- Process according to rules 1 through 9 above and 11 below. 11. Endorsements--With two exceptions (described below), the effective date for a new coverage or an increase in limits on a policy in force shall be 12:01 a.m., local time, on the 30th calendar day following the date of endorsement and the presentment of additional premium, or on such later date set by the insured to conform with the reason for the change. The waiting period rule listed under B.1 or B.2 above must be used. The two exceptions are as follows. First, during the 13-month period beginning on the effective date of a map revision, the effective date of an endorsement of an existing policy shall be 12:01 a.m., local time, following the day after the application date and the presentment of premium. This rule applies only where the FHBM or FIRM is revised to show the building to be in an SFHA when it had not been in an SFHA. The waiting period rule listed under B.1 or B.2 above does not apply. Second, the 30-day waiting period does not apply when the additional amount of flood insurance is required in connection with the making, increasing, extending, or renewing of a loan, such as a second mortgage, home equity loan, or refinancing. The increased amount of flood coverage shall be effective at the time of loan closing, provided that the increased amount of coverage is applied for and the presentment of additional premium is made at or prior to the loan closing. The waiting period rule listed under B.1 or B.2 above does not apply. The insurer may rely on an agent’s representation on the endorsement that the loan exception applies unless there is a loss during the first 30 days after the endorsement effective date. In that case, the insurer must obtain documentation of the loan transaction, such as settlement papers, before adjusting the loss. 12. Renewals (inflation increase option)--The 30-day waiting period does not apply when an additional amount of insurance is requested at renewal time that is no more than the amount of increase recommended by the insurer on the renewal bill to keep pace with inflation. If a revised renewal offer is generated at least 30 days before renewal with coverage more than the inflation increase option, the new limits will apply at policy renewal. In either situation, the increased amount of coverage will be effective at 12:01 a.m. on the date of policy renewal provided the premium for the increased coverage is received before the expiration of the grace period. 13. Renewals (higher PRP limits)--The waiting period does not apply to a renewal offer to the insured for the next higher limits available under the PRP. 14. Renewals (deductible reduction)--The 30-day waiting period does not apply to a reduction of the deductible effective as of the renewal date. IX. COVERAGE A. Limits of Coverage Coverage may be purchased subject to the maximum limits of coverage available under the Program phase in which the community is participating. Duplicate policies are not allowed. B. Deductibles Deductibles apply separately to building coverage and to contents coverage. C. Coverage D -Increased Cost of Compliance (ICC) Coverage For all new and renewal policies effective on or after May 1, 2003, the ICC limit of liability is $30,000. The Standard Flood Insurance Policy (SFIP) pays for complying with a State or local floodplain management law or ordinance affecting repair or reconstruction of a structure suffering flood damage. Compliance activities eligible for payment are: elevation, floodproofing, relocation, or demolition (or any combination of these activities) of the insured structure. Eligible floodproofing activities are limited to non- GR 10 May 1, 2008 residential structures and residential structures 3. Residential Condominium Building Asso with basements that satisfy FEMA's standards ciation Policy (RCBAP), section VIII, published in the Code of Federal Regulations [44 paragraph G. CFR 60.6 (b) or (c)]. E. Loss Assessments ICC coverage is mandatory for all SFIPs, except that coverage is not available for: The SFIP provides limited coverage for loss assessments against condominium unit owners for 1. Policies issued or renewed in the flood damage to common areas of any building Emergency Program. owned by the condominium association. The RCBAP does not provide assessment coverage. 2. Condominium units, including townhouse/ The Dwelling Form provides assessment coverage rowhouse condominium units. (The only under the circumstances, and to the extents, condominium association is responsible for described below. complying with mitigation requirements.) 1. No RCBAP 3. Group Flood Insurance Policies. • If the unit owner purchases building 4. Appurtenant structures, unless covered by coverage under the Dwelling Form and a separate policy. there is no RCBAP, the Dwelling Form ICC coverage contains exclusions in addition to responds to a loss assessment against those highlighted here. See the policy for a list of the unit owner for damages to common exclusions. areas, up to the building coverage limit under the Dwelling Form. To be eligible for claim payment under ICC, a • If there is damage to building elements of structure must: the unit as well, the building coverage limit a. Be a repetitive loss structure as defined, for under the Dwelling Form may not be which NFIP paid a previous qualifying claim, exceeded by the combined settlement of in addition to the current claim. The state or unit building damages, which would apply community must have a cumulative, first, and the loss assessment. substantial damage provision or repetitive loss provision in its floodplain management 2. RCBAP Insured to at Least 80 Percent of the law or ordinance being enforced against the Building Replacement Cost structure; OR • If the unit owner purchases building b. Be a structure that has sustained substantial coverage under the Dwelling Form and there is an RCBAP insured to at least 80 flood damage. The state or community must have a substantial damage provision in percent of the building replacement cost at the time of loss, the loss assessment its floodplain management law or ordinance coverage under the Dwelling Form will being enforced against the structure. pay that part of a loss that exceeds 80 The ICC premium is not eligible for the deductible percent of the association’s building discount. First calculate the deductible discount, replacement cost. then add in the ICC premium for each policy year. • The loss assessment coverage under the D. Reduction of Coverage Limits or Dwelling Form will not cover the Reformation association’s policy deductible purchased by the condominium association. In the event that the premium payment received is not sufficient to purchase the amounts of • If there is damage to building elements of insurance requested, the policy shall be deemed the unit as well, the Dwelling Form pays to to provide only such insurance as can be repair unit building elements after the purchased for the entire term of the policy for the RCBAP limits that apply to the unit have been exhausted. The coverage combiamount of premium received. nation cannot exceed the building Complete provisions for reduction of coverage coverage limit under the Dwelling Form. limits or reformation are described in: 3. RCBAP Insured to Less than 80 Percent of 1. Dwelling Form, section VII, paragraph G. the Building Replacement Cost 2. General Property Form, section VII, • If the unit owner purchases building paragraph G. coverage under the Dwelling Form and GR 11 May 1, 2008 there is an RCBAP insured to less than 80 percent of the building replacement cost at the time of loss, the loss assessment coverage cannot be used to reimburse the association for its coinsurance penalty. • The covered damages to the condominium association building must be greater than 80 percent of the building replacement cost at the time of loss before the loss assessment coverage becomes available under the Dwelling Form. Covered repairs to the unit, if applicable, would have priority over loss assessments. For more information on this topic, see “D. Assessment Coverage” on page CONDO 7 and Section III. C. 3. of the Dwelling Form, “Condominium Loss Assessments,” on page POL 8. F. Improvements and Betterments and Tenant’s Coverage Under the Standard Flood Insurance Policy, coverage for improvements and betterments is provided for tenants who have purchased personal property coverage. The maximum amount payable for this coverage, which applies to fixtures, alterations, installations, or additions made or acquired solely at the tenant’s expense and comprising part of an insured building, is 10 percent of the personal property limit of liability shown on the Declarations Page. Use of improvements and betterments coverage reduces the amount of coverage available for personal property. A tenant may purchase higher limits of coverage for improvements and betterments under the building coverage if the lease agreement with the building owner: • Requires that the tenant purchase insurance coverage for the tenant’s improvements and betterments that are made or acquired; and • States that the tenant is responsible for the repair of the building and/or improvements and betterments that become damaged. Duplicate coverage is not permitted under the NFIP, so only one policy can be issued for building coverage, and the amount of building coverage cannot exceed the maximum allowable under the Act. The policy may be issued either in the name of the building owner or in the names of the building owner and the tenant. X. SPECIAL RATING SITUATIONS A. Tentative Rates Tentative rates are applied when producers are unable to provide all required underwriting information necessary to rate the policy. Tentatively rated policies cannot be endorsed to increase coverage limits or renewed for another policy term until required actuarial rating information and full premium payment are received by the NFIP. If a loss occurs on a tentatively rated policy, the loss payment will be limited by the amount of coverage that the premium initially submitted will purchase (using the correct actuarial rating information), and not the amount requested by application. B. Submit-For-Rate Some risks, because of their unique underwriting characteristics, cannot be rated using this manual. Certain risks must be submitted to the NFIP Underwriting Unit to determine the appropriate rate. Refer to page GR 9 for the applicable waiting period. Submit-for-rate policies must be rerated annually using the newest rates. If the NFIP Direct or WYO company does not have all the underwriting information, it must request the missing information from the insured in order to properly rate the risk. Pre-FIRM risks may not be rated using the submit-for-rate process except for buildings with subgrade crawl spaces as described on page RATE 25, paragraph G. C. Provisional Rates Rules applicable to provisionally rated policies are provided in the Provisional Rating section of this manual. D. Buildings in More Than One Flood Zone Buildings, not the land, located in more than one flood zone must be rated using the more hazardous zone. This condition applies even though the portion of the building located in the more hazardous zone may not be covered under the SFIP, such as a deck. GR 12 May 1, 2008 E. Different Base Flood Elevations (BFEs) Reported When the BFE shown on a Flood Zone Determination Company’s form is different than the BFE shown on the property owner’s Elevation Certificate, the BFE shown on the Elevation Certificate must be used to rate the policy. XI. MISCELLANEOUS RULES A. Policy Term The policy term available is 1 year for both NFIP Direct business policies and policies written through WYO Companies. B. Application Submission Flood insurance applications and presentment of premium must be mailed promptly to the NFIP. The date of receipt of premium for the NFIP insurer is determined by either the date received at its offices or the date of certified mail. In the context of submission of applications, endorsements, and premiums to the NFIP, the term “certified mail” has been broadened to include not only the U.S. Postal Service but also certain third-party delivery services. For details, see the paragraph following VIII.B.2. on page GR 8. Producers are encouraged to submit flood insurance applications by certified mail. Certified mail ensures the earliest possible effective date if the application and premium are received by the NFIP insurer more than 10 days from the application date. The date of certification becomes the date of receipt at the NFIP. C. Delivery of the Policy The producer is responsible for delivering the declarations page and the policy contract of a new policy to the insured and, if appropriate, to the lender. Renewal policy documentation is sent directly to the insured. D. Assignment A property owner's flood insurance building policy may be assigned in writing to a purchaser of the insured property upon transfer of title without the written consent of the NFIP. Policies on buildings in the course of construction and policies insuring contents only may not be assigned. E. Producers' Commissions (Direct Business Only) The earned commission may be paid only to property or casualty insurance producers duly licensed by a state insurance regulatory authority. It shall not be less than $10 and is computed for both new and renewal policies as follows: Based on the Total Prepaid Amount (less the Federal Policy Fee) for the policy term, the commission will be 15 percent of the first $2,000 of annualized premium and 5 percent on the excess of $2,000. Calculated commissions for mid-term endorsements and cancellation transactions will be based upon the same commission percentage that was paid at the policy term's inception. Commissions for all Scheduled Building Policies are computed as though each building and contents policy was separately written. For calculation of commission on an RCBAP, see the CONDO section. F. Contract Agent Rule A “Contract Agent” is an employee of a WYO Company, or an agent under written contract with a WYO Company, empowered to act on the company’s behalf and with authority to advise an applicant for flood insurance that the company will accept the risk. The effective date for a policy written through a Contract Agent has a waiting period that begins on the agent’s or employee’s receipt of the premium and completion of the application. An agent under written contract to a WYO Company is not a Contract Agent if the WYO Company reserves the right to reject the risk. The effective date for a policy not written through a Contract Agent has a waiting period that begins on the WYO Company’s receipt of the premium and completed application. To establish a Contract Agent relationship acceptable to the NFIP, the WYO Company must include the stipulations above in its written contract with the agent or employee. GR 13 May 1, 2008 APPLICATION I. USE OF THE FORM The NFIP Flood Insurance Application form, or a similar form for WYO companies, must be used for all flood insurance policies except the Preferred Risk Policy. This section includes important guidance to carry out the regulatory intent and instructions on the rating of the different building types. The flood insurance rate to be applied to a building in the NFIP is determined by establishing: • Whether the building is Post-FIRM construction or Pre-FIRM construction. • The building description with regard to: - Building occupancy - Building type - Basement type - Elevated building type • The flood risk zone • The elevation of the building II. TYPES OF BUILDINGS For purposes of the NFIP, distinctions have been made among the following building types: • No basement - One floor - Split level - Two or more floors • Unfinished basement - Split level - Two or more floors • Finished basement - Split level - Two or more floors • Manufactured (mobile) home, including doublewide, or travel trailer, on foundation • Elevated building - No enclosure - With enclosure (including crawl space) APP 1 An elevated building is a building that has no basement and that has its lowest elevated floor raised above ground level by foundation walls, shear walls, posts, piers, pilings, or columns. For Post-FIRM buildings in V Zones, elevated on solid perimeter foundation walls, submit the Application to the NFIP Bureau’s Underwriting Department for rating. III. SCHEDULED BUILDING POLICY 1. To obtain a Scheduled Building Policy, an Application must be completed for each building and/or contents for which coverage is requested. 2. For each scheduled building (building and/or contents coverage), the Federal Policy Fee is $35.00 per building. 3. All Flood Insurance Application forms must be completed in accordance with all Flood Insurance Manual rules and the Scheduled Building Policy qualifications. 4. If requesting a Scheduled Building Policy, indicate Building #1, Building #2, etc., in the upper right corner of each Application. Staple together the Applications as a single unit. IV. COMPLETING PART 1 OF THE FLOOD INSURANCE APPLICATION FORM The following are instructions for completing Part 1 of the Flood Insurance Application form. A. Policy Status In the upper right corner of the form, check the appropriate box to indicate if the application is for a NEW policy or a RENEWAL of an existing policy. If the application is for a renewal, enter the current 10-digit NFIP policy number. B. Policy Term (Billing/Policy Period) Check the appropriate box to indicate who should receive the renewal bill. If BILL FIRST MORTGAGEE is checked, complete "First Mortgagee" section. If BILL SECOND MORTGAGEE, BILL LOSS PAYEE, or BILL OTHER is checked, provide mailing instructions in the "Second Mortgagee or Other" section. May 1, 2008 Enter the policy effective date and policy expiration date (month-day-year). The effective date of the policy is determined by adding the appropriate waiting period to the date of application listed in the "Signature" section. The standard waiting period is 30 days. NOTE: Refer to the General Rules section, page GR 8, for exceptions to the standard waiting period. C. Agent Information Enter the producer’s name, agency name and number, address, city, state, ZIP Code, telephone number, and fax number. Enter the producer’s Tax I.D. Number. D. Insured Mail Address Enter the name, mailing address, city, state, ZIP Code, and telephone number of the insured. If the insured’s mailing address is a post office box or a rural route number, or if the address of the property to be insured is different from the mailing address, the "Property Location" section of the Application must be completed. If there is more than one building at the property location, see "H. Property Location" in the next column for further instructions. E. Disaster Assistance Check YES if flood insurance is being required for disaster assistance. Identify the Government (disaster) agency, and enter the complete name and mailing address of the disaster agency. Enter the insured’s case file number. If NO is checked, no further information is required. F. First Mortgagee Enter the name, mailing address, city, state, ZIP Code, telephone number, and fax number of the first mortgagee. Enter the loan number. If not available at the time of application, the loan number should be added to the policy by submitting a General Change Endorsement form. For condominium association applications, the mortgagees for the individual condominium unit owners must not be entered here. The General Property Form and RCBAP provide coverage for the entire building and the real property elements, including all units within the building and the improvements within the units. G. Second Mortgagee Or Other Identify additional mortgagees by checking the appropriate box and entering the loan number, the mortgagee's name, mailing address, telephone number, and fax number. For condominium associations, follow the appropriate instructions provided under “F. First Mortgagee.” If more than one additional mortgagee or disaster assistance agency exists, provide the requested information on the insurance agency’s letterhead and attach the letterhead to the Application form. Provide the disaster assistance case number. H. Property Location Check YES if the location of the property being insured is the same as the insured’s mailing address entered in the "Insured Mail Address" section. Leave the rest of the section blank unless there is more than one building at the property location. If more than one building is at the location of the insured property, use the "Property Location" section to specifically identify the building. An example would be where five buildings with the same mailing address and location are insured with separate policies. Describe briefly the building (barn, silo, etc.) in this section or submit a sketch showing the location of insured buildings to assist the NFIP in matching the policy number to the specific building insured. A clear description of the insured’s property is important. If NO, provide address or location of the property to be insured. If the insured’s mailing address is a post office box or rural route number, give the street address, legal description, or geographic location of the property. I. Community Enter the name of the county or parish where the property is located. Check YES if the property is located in an unincorporated area of a county; otherwise, check NO. APP 2 May 1, 2008 NOTE: The mailing address may or may not reflect the community where the property is located. Do not rely on the mailing address when determining community status and identification. Because of possible changes in the Flood Insurance Rate Map (FIRM), do not rely on information from a prior policy. Enter the community identification number, map panel number, and revision suffix for the community where the property is located. When there is only one panel (i.e., a flat map), the community number will consist of only six digits. Use the FIRM in effect and that has been published at the time of presentment of premium and completion of application. NOTE: Not all communities that have been assigned NFIP community numbers are participating in the National Flood Insurance Program. Policies may not be written in nonparticipating communities. Community number and status may be obtained by calling the NFIP insurer, by consulting a local community official, or by checking the NFIP Community Status Book online (http://www.fema.gov/fema/csb.shtm). Check YES if the property is located in a Special Flood Hazard Area; otherwise, check NO. Enter the FIRM zone in the space provided. If the program type is Emergency, leave this area blank. Check R if the community is in the Regular Program, or check E if the community is in the Emergency Program. If the community program type is Regular and the building is Pre-FIRM construction, enter the FIRM zone, if known; otherwise, enter UNKNOWN and follow the Alternative Rating procedure explained in the Rating section of this manual. UNKNOWN cannot be used for manufactured homes or other buildings located in a community having flood Zones V or V1-V30 (VE). Determine whether the community is located in a CBRS or OPA. See CBRS section for additional information. J. Building Complete all required information in this section. • Building Occupancy Indicate the type of occupancy for the building (i.e., single family, 2-4 family, other residential, or non-residential). • Basement or Enclosed Area Below an Elevated Building Indicate whether the building contains a basement (i.e., lowest floor is below ground on all sides). If an enclosure is the lowest floor for rating, use the "With Basement/ Enclosure" Rate Table to determine the rate. If the enclosure is not the lowest floor for rating, use the “Without Basement/ Enclosure” Rate Table and describe the building as “Without Basement/Enclosure.” In A zones, this means that the enclosure was designed with proper openings; in Post-FIRM V zones constructed before October 1, 1981, the enclosure is less than 300 square feet with breakaway walls and no machinery or equipment in the enclosure is below the BFE. The writing company may use the “Obstruction Type” description provided in the Transaction Record Reporting and Processing (TRRP) Plan to show the enclosure on the policy declarations page. • Small Business Risk Indicate Yes or No. • Number of Floors or Building Type Indicate the number of floors in the entire building, including the basement/enclosed area if applicable, in the appropriate space. If the building type is a townhouse/rowhouse being covered under an RCBAP, check "Townhouse/Rowhouse (RCBAP Lowrise Only)." If the building is a manufactured (mobile) home or travel trailer on a foundation, check "Manufactured (Mobile) Home on Foundation" regardless of the building’s size. Dimensions of manufactured (mobile) homes and travel trailers are used only for determining replacement cost eligibility, not for rating. APP 3 May 1, 2008 • Number of Occupancies (Units) For other than single family dwellings, indicate the number of units. • Condo Coverage If condominium coverage is being purchased, indicate whether the coverage is for a condominium unit or the entire condominium building. • Residential Condominium Building Association Policy For a Residential Condominium Building Association Policy (RCBAP), enter the total number of units (including non-residential) within the building and indicate whether the building is a high-rise or low-rise. The RCBAP covers only a residential condominium building in a Regular Program community. • Estimated Replacement Cost Using normal company practice, estimate the replacement cost value and enter the value in the space provided. Include the cost of the building foundation when determining the replacement cost value. • Insured's Principal Residence Indicate whether the building is the policyholder's principal residence. • Building in Course of Construction Indicate whether the building is in the course of construction. • Deductible and Deductible Buyback Enter the deductible amount for building and/or contents. Also indicate whether the applicant is “buying back” a $500 deductible. Refer to page RATE 12 to buy back a $500 deductible. (See deductible factors on pages RATE 13 and CONDO 22.) • Elevated Building Indicate whether this is an elevated building. If it is, also indicate, in the next block, whether the area below the lowest elevated floor is free of obstruction or with obstruction. For all elevated buildings using elevation for rating, complete Part 2 on the back of the Flood Insurance Application after you have completed Part 1. • Describe Building and Use For other than 1-4 family dwellings, describe the insured building and its use. This includes manufactured (mobile) homes and travel trailers, other residential structures, and non-residential buildings. For all manufactured (mobile) homes and travel trailers, complete Part 2 on the back of the Flood Insurance Application after you have completed Part 1. • State Government Ownership of Property Check YES if the building is owned by state government; otherwise, check NO. K. Contents Check the box that describes the location of the contents to be insured. Describe any contents that are not personal property household contents. If only building insurance is to be purchased, be sure to notify the applicant of the availability of contents insurance. It is recommended that the applicant initial the contents coverage section if no contents insurance is requested. This will make the applicant aware that the policy will not provide payment for contents losses. L. Construction Data 1. Construction Date Check one of the five blocks in the first part of this section, and enter the appropriate date for the date of construction or building permit date. (For substantial improvement, see the “Substantial Improvement Exception” instructions that follow.) In the Emergency Program, provide the month/day/year of construction. If the month and day are unknown, enter July 1 (07/01) and enter the best information for the year of construction. The rest of the sections should be left blank. If the building was constructed or substantially improved on or before December 31, 1974, or before the effective date of the initial FIRM for the community, the building is considered Pre-FIRM construction. Otherwise, the building is considered Post-FIRM. If the building was substantially improved, enter the actual month, day, and year that APP 4 May 1, 2008 substantial improvement started or the building permit date. If the building was substantially damaged, enter the actual month, day, and year that substantial damage occurred. Substantial improvement includes buildings that have incurred “substantial damage” regardless of the actual repair work performed. The agent must obtain and submit a statement from a community official before the building can be considered substantially damaged. If the policy is for a manufactured (mobile) home or travel trailer located outside a manufactured (mobile) home park or subdivision, enter the date of permanent placement of the manufactured (mobile) home. See the Rating section of this manual for rules for manufactured (mobile) homes located in manufactured (mobile) home parks and subdivisions. Compare the date of construction or substantial improvement with the effective date of the initial FIRM to determine if the building was constructed Pre- or Post- the effective date of the initial FIRM. • Substantial Improvement Exception For new applications, renewal applications, and endorsements when making a rating correction concerning a substantial improvement to a Pre-FIRM building where the improvement is an addition to the building and it meets the conditions of Pre-FIRM construction, found on pages RATE 15-16 of this manual, the producer should complete the Construction Data section of the Application as follows: a. Enter the date of construction for the Pre-FIRM part of the building (not the date of construction of the addition). This date will be shown as the construction date on the declarations page. b. Do not respond to the question IS BUILDING POST-FIRM CONSTRUCTION? Instead, complete the top part of this section as follows: "Substantial Improvement but continues to be Pre-FIRM." c. Supply the elevation data for the ADDITION. d. Complete the remainder of both parts of the Construction Data section in the usual manner. If a policyholder elects to use the normal Post-FIRM rating for substantial improvement, the producer must complete Part 2 of the Application as indicated. 2. Elevation Information Elevation information must be completed in the second part of the Construction Data section. • Post-FIRM Construction Check YES if the building is Post-FIRM construction or substantial improvement; otherwise, check NO. • Building Diagram Number and Lowest Adjacent Grade Provide the building diagram number and lowest adjacent grade from the Elevation Certificate (EC). NOTE: Elevation Certificates certified on or after January 1, 2007, must be submitted on the new EC form. The EC must meet all of the photograph requirements that are described on pages CERT 1-2 of this manual. An EC submitted without the required photographs is not considered valid for rating. The lowest adjacent grade is not required for buildings without estimated BFE located in AO and unnumbered A and V zones. Policies rated using the Floodproofing Certificate do not require either the lowest adjacent grade or the diagram number. In communities that participate in the NFIP’s Community Rating System (CRS), building elevation information may be available from the community office in charge of building permits or floodplain management. APP 5 May 1, 2008 • Elevation Information for Buildings in the Course of Construction When the building is in the course of construction, the elevation information provided by the surveyor on the EC must be based on the proposed architectural plans. The NFIP requires the agent to describe and rate the structure based on the proposed plans. Building photographs are not required. Buildings in the course of construction are to be rated the same as completed construction. A renewal application and a new EC with required building photographs must be submitted at renewal time. For example, if the building is elevated and the proposed plans show an enclosure, the building must be described as elevated with an enclosure. The only exception is when an EC was prepared in the course of construction, and the surveyor was able to provide all as-built elevation information required on the EC. • Lowest Floor Elevation and Related Items Use the eight building diagrams on pages CERT 18-19 to determine the correct lowest floor. See pages LFG 1-7 for information about determining the lowest floor for rating. When entering elevation data, drop hundredths of a foot and show only tenths of a foot. For example, if the elevation difference is 10.49’, enter 10.4’; do not round up to 10.5’. • Wave Height Adjustment In Zones V, V1-V30, and VE, if NO is checked for the question about Effects of Wave Action, refer to pages RATE 30-31 for guidelines for FIRMS with wave heights. • Floodproofing If YES is checked for Floodproofed and the FIRM zone entered in the Community section of the Application is V, V1-V30, or VE, the Application must be submitted to the NFIP for underwriting and rating. For all other zones, refer to pages RATE 31-32 for elevation difference and rating guidelines. • Elevation Certification Enter the elevation certification date for all new business applications. M. Coverage and Rating Check desired coverage against the “Amount of Insurance Available” table on page RATE 1. Then enter the limits, indicate the rates and rate type, and add additional charges/credits, i.e., deductible reduction/increase, ICC Premium, CRS Premium Discount, Probation Surcharge (if any), and Federal Policy Fee. Calculate the Total Prepaid Amount. Effective May 1, 2008, the Community Rating System (CRS) discount is not available on NFIP policies for Post-FIRM structures located in a Special Flood Hazard Area (SFHA) where the lowest floor elevation used for rating is at least 1 foot or more below the Base Flood Elevation, with the exception of Post-FIRM V-Zone buildings with unfinished breakaway wall enclosures. N. Signature The producer must sign the Application and is responsible for the completeness and accuracy of the information provided on it. Enter the date of application (month/day/year). The waiting period is added to this date to determine the policy effective date of the policy listed in the Policy Term section. A check or money order for the Total Prepaid Amount, payable to the NFIP, must accompany the application. Electronic transactions are permitted if the business process includes authentication of signatures and dates of receipt of premium. WYO companies are responsible for determining the business practices and transaction authentication methods they will use to ensure the security and integrity of such transactions. A credit card payment by VISA, MasterCard, American Express, Discover, or Diners Club will also be acceptable if a disclaimer form, signed by the insured, is submitted with the Flood Insurance Application. The disclaimer will state that cancellation of a policy due to a billing dispute will be permitted only for a billing error or fraud. If the credit card information is taken over the telephone by the producer, the producer may sign the authorization form on behalf of the payor only after having read the disclaimer to the payor. APP 6 May 1, 2008 V. COMPLETING PART 2 OF THE FLOOD INSURANCE APPLICATION FORM After completing Part 1 of the Flood Insurance Application, the producer must complete all relevant items in Part 2 of the Application for the following risks: • Post-FIRM construction located in Zones A1-A30, AE, AH, AO, A, V1-V30, VE, and V. • Pre-FIRM construction using optional Post- FIRM rating located in Zones A1-A30, AE, AH, AO, A, V1-V30, VE, and V. Part 2 of the Application collects information about risk factors affecting the building, occupancy information, and elevation data relative to the ground level. A completed Elevation Certificate must be attached to the Application before sending it to the NFIP. To complete Part 2 of the Application, the producer must: • Obtain all necessary information from the applicant. Then select the building diagram that best illustrates the applicant's building. These diagrams are shown in the Elevation Certificate and Instructions, which are reproduced in the Special Certifications section of this manual. • Transcribe the information from the applicant and Elevation Certificate onto Part 2 of the Application. For renewal applications, enter the policy number in the space at the top of the form. Be sure to have the applicant or the applicant's representative sign and date the bottom of the form. The applicant or the applicant's representative must complete all numbered sections of the form, check all appropriate boxes, provide all information, and respond to all YES/NO questions that are applicable to the building. (For example, Section II should be completed only for Elevated Buildings.) SECTION I—ALL BUILDING TYPES 1. The number of the building diagram selected is entered here. Use the diagrams shown at the end of the Elevation Certificate and Instructions. 2.-4.The agent may obtain the requested elevation information from Section C of the Elevation Certificate, or the applicant or the applicant’s representative may provide this information. If the applicant or the APP 7 applicant’s representative furnishes these measurements, they must be taken with a ruler or tape measure. All measurements are rounded to the nearest foot using the ground (grade) immediately next to the building. NOTE: The terms "grade" and "ground" are used interchangeably. The intent is that man-made alterations of the grade, such as a declining driveway into a building or a dugout entrance to a basement, do not represent ground level. 5. If "OTHER" is checked in Question 5b, a brief description of the source must be provided. 6. If the answer to Question 6a is NO, Question 6b should be disregarded. 7. If the answer to Question 7a is NO, Questions 7b, 7c, 7d, and 7e should be ignored. SECTION II—ELEVATED BUILDINGS If the building is a manufactured (mobile) home/travel trailer that has been elevated, complete this section in addition to Sections I and III. 8. Check the type of foundation used for the building. 9. If YES is checked, check the appropriate item(s). 10. Refer to page LFG 1 to verify that the area below the elevated floor satisfies the definition of an enclosed area. If Question 10a is NO, do not answer Questions 10b through 10f. In Question 10b, enter the size of the area in square feet. If Question 10c is YES, check the single most appropriate of boxes 1-4. In Question 10d, check YES if the area is constructed with openings (excluding doors), within 1 foot of adjacent grade, to allow the passage of flood waters. Enter the number of openings and their total area in square inches. May 1, 2008 If Question 10e is YES, provide a description. In Question 10f, check YES if the enclosed area has more than 20 linear feet of finished wall, paneling, etc.; otherwise, check NO. SECTION III—MANUFACTURED (MOBILE) HOMES/TRAVEL TRAILERS 11. Fill in the make, year of manufacture, model number, and serial number. 12. Enter the dimensions, excluding any permanent addition or extension to the manufactured (mobile) home or travel trailer. 13. Check YES if permanent additions or extensions are present; otherwise, check NO. If YES, enter dimensions. 14. If OTHER is checked, describe the anchoring system. 15. Check the appropriate box for how the manufactured (mobile) home was installed. 16. Check YES if the manufactured (mobile) home is located in a manufactured (mobile) home park or subdivision; otherwise, check NO. VI. MAILING INSTRUCTIONS After completing all sections on the Application, attach all required certifications or other documents to the applicant's check, draft, or money order, payable to the NFIP for the Total Prepaid Amount. A credit card payment by VISA, MasterCard, American Express, Discover, or Diners Club will also be acceptable if a disclaimer form, signed by the insured, is submitted with the Flood Insurance Application. The disclaimer will state that cancellation of a policy due to a billing dispute will be permitted only for a billing error or fraud. If the credit card information is taken over the telephone by the producer, the producer may sign the authorization form on behalf of the payor only after having read the disclaimer to the payor. Mail the original copy of the Application with the Total Prepaid Amount to the NFIP. Distribute copies of the Application to the agency file, the applicant, and the mortgagee. A copy of the Application and a copy of the premium payment are sufficient to satisfy the mortgagee's proof-ofpurchase requirements. After receipt of the Application and total prepaid amount, the NFIP will process the Application and issue the policy. The policy contract and declarations page will be mailed to the insured. Copies of the declaration page will be mailed to the producer and mortgagee(s). VII. HANDLING OF INCOMPLETE OR INCORRECT APPLICATIONS If an Application is not complete, or if the information presented on the Application is not correct, the Application will not be processed but will be placed in a pending file until the completed or corrected information is provided by the producer. For the NFIP direct business, if the missing information is not provided, a policy will be issued using Tentative Rates. If insufficient information is available to tentatively rate the policy, the flood insurance will be rejected and the premium remittance refunded. For NFIP direct business, in the case of incomplete applications, the NFIP Servicing Agent will send the producer a transmittal document and a letter requesting the incomplete or missing information. Copies of this letter will be provided to the named insured and mortgagee(s). The producer should provide the additional or corrected information to the NFIP Servicing Agent along with the transmittal document. Since coverage cannot be conferred in excess of the coverage that can be purchased for the amount presented (received by the NFIP), it is important that underpayment errors be corrected immediately. In the case of an underpayment, when both building and contents coverage have been requested, the coverage reduction will be prorated between building and contents in accordance with NFIP rules. The ratio of building to contents coverage for the full requested coverage will be used to determine the portion of the submitted premium available to purchase building and contents coverage. APP 8 May 1, 2008 APP 9 May 1, 2008 APP 10 May 1, 2008 APP 11 May 1, 2008 RATING This section contains information, including rate tables, required to accurately rate a flood insurance policy. Information and rates for the Preferred Risk Policy (PRP) and Residential Condominium Building Association Policy (RCBAP) are found in their respective sections. The detailed drawings, and accompanying text and tables, in the Lowest Floor Guide section are to be used as a guide for identifying the lowest floor for rating buildings. This guide will assist in developing the proper rate for the building. I. AMOUNT OF INSURANCE AVAILABLE Examples of some rating situations are shown on pages RATE 49 through RATE 63. A premium table for single family Pre-FIRM buildings located in Special Flood Hazard Areas (SFHAs) is located on page RATE 11. These premiums were calculated using Rate Table 2. This premium table is included in this manual to help the agent more easily quote premiums for buildings that do not require elevation certification. BUILDING COVERAGE Single Family Dwelling 2-4 Family Dwelling Other Residential Non-Residential EMERGENCY PROGRAM REGULAR PROGRAM Basic Insurance Limits Additional Insurance Limits Total Insurance Limits $ 35,000 * $ 35,000 * $100,000** $100,000** $ 50,000 $ 50,000 $150,000 $150,000 $200,000 $200,000 $100,000 $350,000 $250,000 $250,000 $250,000 $500,000 CONTENTS COVERAGE Residential Non-Residential $ 10,000 $100,000 $ 20,000 $130,000 $ 80,000 $370,000 $100,000 $500,000 * In Alaska, Guam, Hawaii, and U.S. Virgin Islands, the amount available is $50,000. ** In Alaska, Guam, Hawaii, and U.S. Virgin Islands, the amount available is $150,000. NOTE: For RCBAP, refer to CONDO Section for basic insurance limits and maximum coverage available. II. RATE TABLES Rate tables are provided for the Emergency $100 of coverage. Table 6 provides Program and for the Regular Program according precalculated Pre-FIRM premiums for various to Pre-FIRM, Post-FIRM, and zone coverage limits. See Table 7 for Federal Policy classifications. Tables 1-5 show annual rates per Fee and Probation Surcharge. TABLE 1. EMERGENCY PROGRAM RATES ANNUAL RATES PER $100 OF COVERAGE (Basic/Additional) Building Contents Residential .76 .96 Non-Residential .83 1.62 RATE 1 May 1, 2008 TABLE 2. REGULAR PROGRAM -- PRE-FIRM CONSTRUCTION RATES1, 2 ANNUAL RATES PER $100 OF COVERAGE (Basic/Additional) FIRM ZONES A, AE, A1-A30, AO, AH, D OCCUPANCY Single Family 2-4 Family Other Residential Non-Residential Building Contents Building Contents Building Contents Building Contents No Basement/Enclosure .76 / .54 .96 / 97 .76 / .54 .76 / 1.12 .83 / 1.07 With Basement .81 / .79 .96 / .81 .81 / .79 .81 / .93 .88 / 1.05 With Enclosure .81 / .96 .96 / .97 .81 / .96 .81 / 1.18 .88 / 1.33 Manufactured (Mobile) Home3 .76 / .54 .96 / .97 .83 / 1.07 Basement & Above .96 / .81 .96 / .81 1.62 / 1.81 Enclosure & Above .96 / .97 .96 / .97 1.62 / 2.17 Lowest Floor Only - Above .96 / .97 .96 / .97 1.62 / .95 Ground Level Lowest Floor Above Ground .96 / .67 .96 / .67 1.62 / .81 Level and Higher Floors Above Ground Level - More .35 / .12 .35 / .12 .24 / .12 than One Full Floor Manufactured (Mobile) Home3 1.62 / .95 FIRM ZONES V, VE, V1-V30 OCCUPANCY Single Family 2-4 Family Other Residential Non-Residential Building Contents Building Contents Building Contents Building Contents No Basement/Enclosure .99 / 1.35 1.23 / 2.32 .99 / 1.35 .99 / 2.50 1.10 / 2.59 With Basement 1.06 / 2.02 1.23 / 1.95 1.06 / 2.02 1.06 / 3.73 1.16 / 3.86 With Enclosure 1.06 / 2.38 1.23 / 2.31 1.06 / 2.38 1.06 / 4.17 1.16 / 4.31 Manufactured (Mobile) Home3 .99 / 6.11 1.23 / 2.31 1.10 / 10.49 Basement & Above 1.23 / 1.95 1.23 / 1.95 2.14 / 4.56 Enclosure & Above 1.23 / 2.31 1.23 / 2.31 2.14 / 4.92 Lowest Floor Only - Above Ground Level 1.23 / 2.31 1.23 / 2.31 2.14 / 4.13 Lowest Floor Above Ground Level and Higher Floors 1.23 / 2.03 1.23 / 2.03 2.14 / 3.56 Above Ground Level - More than One Full Floor .47 / .29 .47 / .29 .45 / .39 Manufactured (Mobile) Home3 2.14 / 9.80 FIRM ZONES A99, B, C, X OCCUPANCY Single Family 2-4 Family Other Residential Non-Residential Building Contents Building Contents Building Contents Building Contents No Basement/Enclosure .78 / .21 1.20 / .37 .78 / .21 .74 / .21 .74 / .21 With Basement .89 / .30 1.36 / .43 .89 / .30 .95 / .30 .95 / .30 With Enclosure .89 / .34 1.36 / .49 .89 / .34 .95 / .34 .95 / .34 Manufactured (Mobile) Home3 .78 / .38 1.20 / .37 .95 / .39 Basement & Above 1.53 / .56 1.53 / .56 1.58 / .61 Enclosure & Above 1.53 / .65 1.53 / .65 1.58 / .73 Lowest Floor Only - Above Ground Level 1.20 / .59 1.20 / .59 .97/ .43 Lowest Floor Above Ground Level and Higher Floors 1.20 / .37 1.20 / .37 .97 / .31 Above Ground Level - More than One Full Floor .35 / .12 .35 / .12 .22 / .12 Manufactured (Mobile) Home3 .85 / .53 Start of construction or substantial improvement on or before 12/31/74, or before the effective date of the initial Flood Insurance Rate Map (FIRM). If FIRM Zone is unknown, use rates for Zones A, AE, A1-A30, AO, AH, D. 2 Pre-FIRM buildings with subgrade crawl spaces that are below the Base Flood Elevation (BFE) may use optional Post-FIRM elevation rating. Follow the procedures from the Specific Rating Guidelines for policy processing. 3 The definition of Manufactured (Mobile) Home includes travel trailers. See page APP 3. RATE 2 May 1, 2008 TABLE 3A. REGULAR PROGRAM -- POST-FIRM CONSTRUCTION RATES ANNUAL RATES PER $100 OF COVERAGE (Basic/Additional) FIRM ZONES A99, B, C, X OCCUPANCY Single Family 2-4 Family Other Residential Non-Residential Building Contents Building Contents Building Contents Building Contents No Basement/Enclosure .78 / .21 1.20 / .37 .78 / .21 .74 / .21 .74 / .21 With Basement .89 / .30 1.36 / .43 .89 / .30 .95 / .30 .95 / .30 With Enclosure .89 / .34 1.36 / .49 .89 / .34 .95 / .34 .95 / .34 Manufactured (Mobile) Home1 .78 / .38 1.20 / .37 .95 / .39 Basement & Above 1.53 / .56 1.53 / .56 1.58 / .61 Enclosure & Above 1.53 / .65 1.53 / .65 1.58 / .73 Lowest Floor Only - Above Ground Level 1.20 / .59 1.20 / .59 .97 / .43 Lowest Floor Above Ground Level and Higher Floors 1.20 / .37 1.20 / .37 .97 / .31 Above Ground Level - More than One Full Floor .35 / .12 .35 / .12 .22 / .12 Manufactured (Mobile) Home1 .85 / .53 FIRM ZONE D OCCUPANCY Single Family 2-4 Family Other Residential Non-Residential Building Contents Building Contents Building Contents Building Contents No Basement/Enclosure 1.11 / .38 1.11 / .69 1.11 / .38 1.20 / .69 1.20 / .69 With Basement *** *** *** *** *** With Enclosure *** *** *** *** *** Manufactured (Mobile) Home1 1.45 / .75 1.31 / .80 2.49 / .93 Basement & Above *** *** *** Enclosure & Above *** *** *** Lowest Floor Only - Above Ground Level 1.11 / .69 1.11 / .69 1.95 / .62 Lowest Floor Above Ground Level and Higher Floors 1.11 / .47 1.11 / .47 1.95 / .59 Above Ground Level - More than One Full Floor .35 / .12 .35 / .12 .24 / .12 Manufactured (Mobile) Home1 1.95 / .62 FIRM ZONES AO, AH ("No Basement" Buildings Only)2 Building Contents OCCUPANCY 1-4 Family Other Res & Non-Res Residential Non- Residential With Certification of Compliance3 .28 / .08 .23 / .08 .37 / .13 .23 / .13 Without Certification of Compliance or Elevation Certificate4 .93 / .21 1.01 / .36 1.17 / .24 1.97 / .31 1 The definition of Manufactured (Mobile) Home includes travel trailers. See page APP 3. 2 Zones AO, AH Buildings With Basement/Enclosure: Submit for Rating 3 “With Certification of Compliance” rates are to be used when the Elevation Certificate shows that the lowest floor is equal to or greater than the community's elevation requirement. 4 “Without Certification of Compliance” rates are to be used only on Post-FIRM structures without an Elevation Certificate or when the Elevation Certificate shows that the lowest floor elevation of a Post-FIRM structure is less than the community’s elevation requirement. *** SUBMIT FOR RATING RATE 3 May 1, 2008 TABLE 3B. REGULAR PROGRAM -- POST-FIRM CONSTRUCTION RATES ANNUAL RATES PER $100 OF COVERAGE (Basic/Additional) FIRM ZONES AE, A1-A30 --BUILDING RATES Elevation of Lowest Floor Above or Below BFE1 One Floor, No Basement/Encl More than One Floor, No Basement/Encl More than One Floor, With Basement/Encl Manufactured (Mobile) Home2 1-4 Family Other Residential & Non- Residential 1-4 Family Other Residential & Non- Residential 1-4 Family Other Residential & Non- Residential Single Family Non- Residential +4 .24 / .08 .20 / .08 .24 / .08 .20 / .08 .24/ .08 .20 / .08 .24 / .08 .20 / .08 +3 .24 / .08 .20 / .08 .24 / .08 .20 / .08 .24 / .08 .20 / .08 .25 / .08 .22 / .08 +2 .39 / .08 .26 / .08 .25 / .08 .20 / .08 .25 / .08 .20 / .08 .43 / .08 .34 / .08 +1 .74 / .08 .47 / .10 .48 / .08 .30 / .08 .32 / .08 .26 / .08 .88 / .09 .72 / .08 0 1.44 / .11 1.33 / .20 1.05 / .10 .81 / .15 .75 / .09 .61 / .16 2.25 / .11 1.83 / .09 -13 3.80 / 1.39 5.39 / 1.35 3.34 / 1.21 3.65 / .62 1.90 / .67 1.75 / .70 *** *** -2 *** *** *** *** *** *** *** *** FIRM ZONES AE, A1-A30 -- CONTENTS RATES Elevation of Lowest Floor Lowest Floor Only -Above Ground Level (No Basement/Encl.) Lowest Floor Above Ground Level & Higher Floors (No Basement/Encl.) More than One Floor With Basement/Enclosure Manufactured (Mobile) Home2 Above or Below BFE1 Residential Non- Residential Residential Non- Residential Residential Non- Residential Single Family Non- Residential +4 .38 / .12 .22 / .12 .38 / .12 .22 / .12 .38 / .12 .22 / .12 .38 / .12 .22 / .12 +3 .38 / .12 .22 / .12 .38 / .12 .22 / .12 .38 / .12 .22 / .12 .38 / .12 .22 / .12 +2 .38 / .12 .22 / .12 .38 / .12 .22 / .12 .38 / .12 .22 / .12 .38 / .12 .31 / .14 +1 .52 / .12 .32 / .18 .38 / .12 .22 / .12 .38 / .12 .22 / .12 .59 / .12 .49 / .19 0 1.24 / .12 .78 / .39 .69 / .12 .53 / .24 .41 / .12 .32 / .12 1.27 / .12 1.15 / .58 -13 3.74 / .75 2.41 / 1.10 2.11 / .58 1.61 / .70 .60 / .14 1.06 / .14 *** *** -2 *** *** *** *** *** *** *** *** FIRM ZONES AE, A1-A30 -- CONTENTS RATES Elevation of Lowest Floor Above Ground Level More than One Full Floor Above or Below BFE1 Single Family 2-4 Family Other Residential Non-Residential +4 .35 / .12 .35 / .12 .22 / .12 +3 .35 / .12 .35 / .12 .22 / .12 +2 .35 / .12 .35 / .12 .22 / .12 +1 .35 / .12 .35 / .12 .22 / .12 0 .35 / .12 .35 / .12 .22 / .12 -1 .35 / .12 .35 / .12 .22 / .12 -2 .35 / .12 .37 / .12 .24 / .12 1 If Lowest Floor is –1 because of attached garage, submit application for special consideration. Rate may be lower. 2 The definition of Manufactured (Mobile) Home includes travel trailers. See page APP 3. 3 Use Submit-for-Rate guidelines if the enclosure below the lowest elevated floor of an elevated building or if the crawl space (under-floor space) that has its interior floor within 2 feet below grade on all sides, which is used for rating, is 1 or more feet below BFE. *** SUBMIT FOR RATING RATE 4 May 1, 2008 TABLE 3C. REGULAR PROGRAM -- POST-FIRM CONSTRUCTION RATES ANNUAL RATES PER $100 OF COVERAGE (Basic/Additional) UNNUMBERED ZONE A -- WITHOUT BASEMENT/ENCLOSURE1 Elevation Difference to nearest foot BUILDING RATES CONTENTS RATES TYPE OF ELEVATION CERTIFICATE Occupancy Occupancy 1-4 Family Other & Non- Residential Residential2 NonResidential2 +5 or more .36 / .10 .48 / .15 .62 / .12 .65 / .12 NO ESTIMATED BASE FLOOD ELEVATION3 +2 to +4 1.09 / .13 1.00 / .20 .87 / .17 .98 / .23 +1 2.09 / .64 2.25 / .75 1.54 / .57 1.46 / .72 0 or below *** *** *** *** +2 or more .41 / .08 .34 / .09 .51 / .12 .49 / .12 WITH THE ESTIMATED BASE FLOOD ELEVATION4 0 to +1 1.06 / .12 .91 / .18 .85 / .16 .84 / .21 -1 3.48 / 1.30 4.41 / 1.02 2.71 / .70 2.20 / 1.02 -2 or below *** *** *** *** No Elevation Certificate5 4.06 / 1.42 5.51 / 1.70 3.36 / 1.00 3.24 / 1.35 No Elevation Certificate 1 Zone A building with basement (including crawl space below grade on all sides) or enclosure --Submit for Rating. 2 For elevation rated risks other than Single Family, when contents are located one floor or more above lowest floor used for rating --use .35 /.12. 3 Elevation difference is the measured distance between the highest adjacent grade next to the building and the lowest floor of the building. 4 Elevation difference is the measured distance between the estimated BFE provided by the community or registered professional engineer, surveyor, or architect and the lowest floor of the building. 5 For building without basement or enclosure, Elevation Certificate is optional. *** SUBMIT FOR RATING RATE 5 May 1, 2008 TABLE 3D. REGULAR PROGRAM -- POST-FIRM CONSTRUCTION RATES ANNUAL RATES PER $100 OF COVERAGE (Basic/Additional) FIRM ZONES '75-81, V1-V30, VE -- BUILDING RATES1 Elevation of Lowest Floor Above or Below BFE One Floor, No Basement/Encl More than One Floor, No Basement/Encl More than One Floor, With Basement/Encl Manufactured (Mobile) Home2 1-4 Family Other Residential & Non- Residential 1-4 Family Other Residential & Non- Residential 1-4 Family Other Residential & Non- Residential Single Family Non- Residential 03 2.53 / .46 3.07 / 1.19 2.05 / .46 2.22 / 1.11 1.78 / .46 1.99 / .90 3.80 / .38 5.43 / .34 -14 5.41 / 2.77 8.07 / 4.45 4.95 / 2.77 6.95 / 3.38 3.51 / 2.51 3.68 / 3.43 *** *** -2 *** *** *** *** *** *** *** *** FIRM ZONES '75-81, V1-V30, VE -- CONTENTS RATES Elevation of Lowest Floor Only -- Above Ground Level (No Basement/Encl.) Lowest Floor Above Ground Level & Higher Floors (No Basement/Encl.) More than One Floor With Basement/Enclosure Manufactured (Mobile) Home2 Lowest Floor Above or Below BFE Residential Non- Residential Residential Non- Residential Residential Non- Residential Single Family Non- Residential 03 3.93 / .55 3.47 / 2.54 2.55 / .61 2.42 / 1.52 1.44 / .55 1.44 / .55 3.78 / .61 3.94 / 3.25 -14 8.62 / 4.19 8.46 / 7.37 5.08 / 3.25 5.80 / 4.60 1.70 / .55 5.17 / .55 *** *** -2 *** *** *** *** *** *** *** *** FIRM ZONES '75-81, V1-V30, VE -- CONTENTS RATES Elevation of Lowest Floor Above Ground Level More than One Full Floor Above or Below BFE Single Family 2-4 Family Other Residential Non-Residential 03 .55 / .25 .55 / .25 .42 / .25 -14 .55 / .25 .55 / .25 .42 / .25 -2 .55 / .25 .55 / .25 .46 / .25 1 Policies for 1975 through 1981 Post-FIRM and Pre-FIRM buildings in Zones VE and V1-V30 will be allowed to use the Post-’81 V Zone rate table if the rates are more favorable to the insured. See instructions on page RATE 23 for V Zone Optional Rating. 2 The definition of Manufactured (Mobile) Home includes travel trailers. See page APP 3. 3 These rates are to be used if the lowest floor of the building is at or above BFE. 4 Use Submit-for-Rate guidelines if the enclosure below the lowest elevated floor of an elevated building, which is used for rating, is 1 or more feet below BFE. *** SUBMIT FOR RATING FIRM ZONES '75-'81, UNNUMBERED V ZONE SUBMIT FOR RATING RATE 6 May 1, 2008 TABLE 3E. REGULAR PROGRAM -- POST-FIRM CONSTRUCTION RATES ANNUAL RATES PER $100 OF COVERAGE 1981 POST-FIRM V1-V30, VE ZONE RATES1 Elevation of the lowest floor Elevated Buildings Free of Obstruction3 above or below BFE adjusted for wave height2 Contents Building Residential Non-Residential Replacement Cost Ratio .75 or More4 Replacement Cost Ratio .50 to .744 Replacement Cost Ratio Under .504 +4 or more .38 .38 .62 .83 1.26 +3 .38 .38 .75 1.01 1.52 +2 .55 .59 .97 1.30 1.95 +1 .96 1.03 1.41 1.88 2.63 0 1.47 1.58 1.81 2.42 3.40 -1 2.13 2.19 2.40 3.16 4.11 -2 2.96 3.12 3.15 4.13 5.27 -3 4.06 4.31 4.06 5.43 6.88 -4 or below *** *** *** *** *** 1Policies for 1975 through 1981 Post-FIRM and Pre-FIRM buildings in Zones VE and V1-V30 will be allowed to use the Post-’81 V Zone rate table if the rates are more favorable to the insured. See instructions on page RATE 23 for V Zone Optional Rating. 2Wave height adjustment is not required in those cases where the Flood Insurance Rate Map indicates that the map includes wave height. 3Free of Obstruction—The space below the lowest elevated floor must be completely free of obstructions or any attachment to the building, or may have: (1) Insect screening, provided that no additional supports are required for the screening; or (2) Wooden or plastic lattice with at least 40 percent of its area open and made of material no thicker than ½ inch; or (3) Wooden or plastic slats or shutters with at least 40 percent of their area open and made of material no thicker than 1 inch. Any of these systems must be designed and installed to collapse under stress without jeopardizing the structural support of the building, so that the impact on the building of abnormally high tides or wind-driven water is minimized. Any machinery or equipment below the lowest elevated floor must be at or above the BFE. 4These percentages represent building replacement cost ratios, which are determined by dividing the amount of building coverage being purchased by the replacement cost. See pages RATE 20-21 for more details. *** SUBMIT FOR RATING 1981 POST-FIRM V1-V30, VE ZONE Non-Elevated Buildings SUBMIT FOR RATING 1981 POST-FIRM UNNUMBERED V ZONE SUBMIT FOR RATING RATE 7 May 1, 2008 TABLE 3F. REGULAR PROGRAM -- POST-FIRM CONSTRUCTION RATES ANNUAL RATES PER $100 OF COVERAGE 1981 POST-FIRM V1-V30, VE ZONE RATES1,2 Elevation of the lowest floor above or below BFE adjusted for wave height3 Elevated Buildings With Obstruction4 Contents Building Residential Non-Residential Replacement Cost Ratio .75 or More5 Replacement Cost Ratio .50 to .745 Replacement Cost Ratio Under .505 +4 or more .50 .50 1.38 1.84 2.74 +3 .51 .51 1.54 2.03 3.09 +2 .66 .66 1.80 2.35 3.59 +1 1.11 1.18 2.09 2.80 4.05 0 1.59 1.67 2.46 3.37 4.57 -16 2.19 2.32 2.93 3.89 5.23 -26 3.05 3.25 3.64 4.79 6.22 -36 4.16 4.42 4.69 6.10 7.85 -4 or below6 *** *** *** *** *** 1 Policies for 1975 through 1981 Post-FIRM and Pre-FIRM buildings in Zones VE and V1-V30 will be allowed to use the Post-’81 V Zone rate table if the rates are more favorable to the insured. See instructions on page RATE 23 for V Zone Optional Rating. 2 Rates provided are only for elevated buildings, except those elevated on solid perimeter foundation walls. For buildings elevated on solid perimeter foundation walls, and for non-elevated buildings, use the Specific Rating Guidelines document. 3 Wave height adjustment is not required in those cases where the Flood Insurance Rate Map indicates that the map includes wave height. 4 With Obstruction—The space below has an area of less than 300 square feet with breakaway solid walls or contains equipment below the BFE. If the space below has an area of 300 square feet or more, or if any portion of the space below the elevated floor is enclosed with non-breakaway walls, submit for rating. If the enclosure is at or above the BFE, use the “Free of Obstruction” rate table on the preceding page. The elevation of the bottom enclosure floor is the lowest floor for rating (LFE). 5 These percentages represent building replacement cost ratios, which are determined by dividing the amount of building coverage being purchased by the replacement cost. See pages RATE 20-21 for more details. 6 For buildings with obstruction, use Submit-for-Rate guidelines if the enclosure below the lowest elevated floor of an elevated building, which is used for rating, is 1 or more feet below BFE. *** SUBMIT FOR RATING 1981 POST-FIRM UNNUMBERED V ZONE SUBMIT FOR RATING RATE 8 May 1, 2008 TABLE 4. REGULAR PROGRAM -- FIRM ZONE AR AND AR DUAL ZONES RATES ANNUAL RATES PER $100 OF COVERAGE (Basic/Additional) PRE-FIRM NOT ELEVATION-RATED RATES1, 2 OCCUPANCY Single Family 2-4 Family Other Residential Non-Residential Building Contents Building Contents Building Contents Building Contents No Basement/Enclosure .78 / .21 1.20 / .37 .78 / .21 .74 / .21 .74 / .21 With Basement .89 / .30 1.36 / .43 .89 / .30 .95 / .30 .95 / .30 With Enclosure .89 / .34 1.36 / .49 .89 / .34 .95 / .34 .95 / .34BUILDING TYPE Manufactured (Mobile) Home3 .78 / .38 1.20 / .37 .95 / .39 Basement & Above 1.53 / .56 1.53 / .56 1.58 / .61 Enclosure & Above 1.53 / .65 1.53 / .65 1.58 / .73 Lowest Floor Only - Above Ground Level 1.20 / .59 1.20 / .59 .97 / .43 Lowest Floor Above Ground Level and Higher Floors 1.20 / .37 1.20 / .37 .97 / .31CONTENTS LOCATIONAbove Ground Level - More than One Full Floor .35 / .12 .35 / .12 .22 / .12 Manufactured (Mobile) Home3 .85 / .53 1 Start of construction or substantial improvement on or before 12/31/74, or before the effective date of the initial Flood Insurance Rate Map (FIRM). 2 Base Deductible is $1,000. 3 The definition of Manufactured (Mobile) Home includes travel trailers. See Page APP 3. POST-FIRM NOT ELEVATION-RATED RATES1 OCCUPANCY Single Family 2-4 Family Other Residential Non-Residential Building Contents Building Contents Building Contents Building Contents No Basement/Enclosure .78 / .21 1.20 / .37 .78 / .21 .74 / .21 .74 / .21 With Basement .89 / .30 1.36 / .43 .89 / .30 .95 / .30 .95 / .30 With Enclosure .89 / .34 1.36 / .49 .89 / .34 .95 / .34 .95 / .34BUILDING TYPE Manufactured (Mobile) Home2 .78 / .38 1.20 / .37 .95 / .39 Basement & Above 1.53 / .56 1.53 / .56 1.58 / .61 Enclosure & Above 1.53 / .65 1.53 / .65 1.58 / .73 Lowest Floor Only - Above Ground Level 1.20 / .59 1.20 / .59 .97 / .43 Lowest Floor Above Ground Level and Higher Floors 1.20 / .37 1.20 / .37 .97 / .31CONTENTS LOCATIONAbove Ground Level - More than One Full Floor .35 / .12 .35 / .12 .22 / .12 Manufactured (Mobile) Home2 .85 / .53 1 Base Deductible is $500. 2 The definition of Manufactured (Mobile) Home includes travel trailers. See page APP 3. RATE 9 May 1, 2008 TABLE 5. REGULAR PROGRAM -- PRE-FIRM AND POST-FIRM ELEVATION-RATED RATES ANNUAL RATES PER $100 OF COVERAGE (Basic/Additional) FIRM ZONES AR and AR Dual Zones --BUILDING RATES Elevation of Lowest Floor Above or Below BFE One Floor, No Basement/Encl More than One Floor, No Basement/Encl More than One Floor, With Basement/Encl Manufactured (Mobile) Home1 1-4 Family Other Residential & Non- Residential 1-4 Family Other Residential & Non- Residential 1-4 Family Other Residential & Non- Residential Single Family Non- Residential +4 .24 / .08 .20 / .08 .24 / .08 .20 / .08 .24 / .08 .20 / .08 .24 / .08 .20 / .08 +3 .24 / .08 .20 / .08 .24 / .08 .20 / .08 .24 / .08 .20 / .08 .25 / .08 .22 / .08 +2 .39 / .08 .26 / .08 .25 / .08 .20 / .08 .25 / .08 .20 / .08 .43 / .08 .34 / .08 +1 .74 / .08 .47 / .10 .48 / .08 .30 / .08 .32 / .08 .26 / .08 .78 / .38 .72 / .08 0 .78 / .21 .74 / .21 .78 / .21 .81 / .15 .75 / .09 .61 / .16 .78 / .38 .95 / .39 -12 See Footnote2 FIRM ZONES AR and AR Dual Zones --CONTENTS RATES Elevation of Lowest Floor Lowest Floor Only -Above Ground Level (No Basement/Encl.) Lowest Floor Above Ground Level & Higher Floors (No Basement/Encl.) More than One Floor With Basement/Enclosure Manufactured (Mobile) Home1 Above or Below BFE Residential Non- Residential Residential Non- Residential Residential Non- Residential Single Family Non- Residential +4 .38 / .12 .22 / .12 .38 / .12 .22 / .12 .38 / .12 .22 / .12 .38 / .12 .22 / .12 +3 .38 / .12 .22 / .12 .38 / .12 .22 / .12 .38 / .12 .22 / .12 .38 / .12 .22 / .12 +2 .38 / .12 .22 / .12 .38 / .12 .22 / .12 .38 / .12 .22 / .12 .38 / .12 .31 / .14 +1 .52 / .12 .32 / .18 .38 / .12 .22 / .12 .38 / .12 .22 / .12 .59 / .12 .49 / .19 0 1.24 / .12 .78 / .39 .69 / .12 .53 / .24 .41 / .12 .32 / .12 1.27 / .12 .77 / .48 -12 See Footnote2 FIRM ZONES AR and AR Dual Zones -- CONTENTS RATES Elevation of Lowest Floor Above or Above Ground Level More than One Full Floor Below BFE Single Family 2-4 Family Other Residential Non-Residential +4 .35 / .12 .35 / .12 .22 / .12 +3 .35 / .12 .35 / .12 .22 / .12 +2 .35 / .12 .35 / .12 .22 / .12 +1 .35 / .12 .35 / .12 .22 / .12 0 .35 / .12 .35 / .12 .22 / .12 -13 .35 / .12 .35 / .12 .22 / .12 -23 .35 / .12 .37 / .12 .24 / .12 1 The definition of Manufactured (Mobile) Home includes travel trailers. See page APP 3. 2 Use Table 4 Pre-FIRM and Post-FIRM Not Elevation-Rated AR and AR Dual Zones Rate Table. 3 These rates are only applicable to Contents-only policies. RATE 10 May 1, 2008 TABLE 6. PRECALCULATED PRE-FIRM PREMIUM TABLE FOR SINGLE-FAMILY DWELLINGS AMOUNT OF INSURANCE PREMIUM1 EXCLUDING ICC2 AND FEDERAL POLICY FEE3 A, AE, A1-A30, AH, AO, D V, VE, V1-V30 w/bsmt w/o bsmt w/bsmt w/o bsmt BUILDING $ 20,000 $ 162 $ 152 $ 212 $ 198 $ 30,000 $ 243 $ 228 $ 318 $ 297 $ 40,000 $ 324 $ 304 $ 424 $ 396 $ 50,000 $ 405 $ 380 $ 530 $ 495 $ 60,000 $ 484 $ 434 $ 732 $ 630 $ 70,000 $ 563 $ 488 $ 934 $ 765 $ 80,000 $ 642 $ 542 $1,136 $ 900 $ 90,000 $ 721 $ 596 $1,338 $1,035 $100,000 $ 800 $ 650 $1,540 $1,170 $125,000 $ 998 $ 785 $2,045 $1,580 $150,000 $1,195 $ 920 $2,550 $1,845 $175,000 $1,393 $1,055 $3,055 $2,183 $200,000 $1,590 $1,190 $3,560 $2,520 $225,000 $1,788 $1,325 $4,065 $2,858 $250,0004 $1,985 $1,460 $4,570 $3,195 CONTENTS $ 5,000 $ 48 $ 48 $ 62 $ 62 $ 10,000 $ 96 $ 96 $ 123 $ 123 $ 15,000 $144 $144 $ 185 $ 185 $ 20,000 $192 $192 $ 246 $ 246 $ 25,000 $233 $241 $ 344 $ 362 $ 30,000 $273 $289 $ 441 $ 478 $ 40,000 $354 $386 $ 636 $ 710 $ 50,000 $435 $483 $ 831 $ 942 $ 60,000 $516 $580 $1,026 $1,174 $ 70,000 $597 $677 $1,221 $1,406 $ 80,000 $678 $774 $1,416 $1,638 $ 90,000 $759 $871 $1,611 $1,870 $100,000 $840 $968 $1,806 $2,102 1 Premium before applying any CRS credits or optional deductible factors. 2 For building coverage amounts of $230,000 and less, add $75 to the building premium selected from the table above to cover ICC cost, except for D zones. For D zones add $6. For building coverage amounts above $230,000, see Footnote 4 below. 3 Add $35 to the premium selected from the table above to cover Federal Policy Fee. 4 Add $60 to cover the ICC cost for the $250,000 building limit, except for D zones. For D zones add $4. RATE 11 May 1, 2008 TABLE 7. FEDERAL POLICY FEE AND PROBATION SURCHARGE TABLE FEDERAL POLICY FEE1 PROBATION SURCHARGE $35 $50 1 For the Preferred Risk Policy, the Federal Policy Fee is $13.00. III. DEDUCTIBLES As shown in Table 8A below, the NFIP standard deductible is either $500 or $1,000. The insured may choose a deductible amount different from the standard $500 for Post-FIRM or the standard $1,000 for structures in the Emergency Program and those rated using Pre-FIRM rates in Zones A, AO, AH, A1-A30, AE, VO, V1-V30, VE, V, AR, and AR Dual Zones (AR/AE, AR/AH, AR/AO, AR/A1-A30, AR/A). The optional deductible amount may be applied to policies insuring properties in either Emergency Program or Regular Program communities. Refer to page CONDO 22 for Residential Condominium Building Association Policy optional deductibles. A. Buy-Back Deductibles Policyholders who wish to reduce their deductibles from the standard deductibles of $1,000 for Pre-FIRM SFHA risks may opt to purchase separate $500 deductibles for building and contents coverages, for an additional premium. The deductible factors provided on pages RATE 13 and CONDO 22 must be used to calculate the deductible surcharge. B. Changes in Deductible Amount The amount of the deductible may be increased during the policy term by submitting a completed General Change Endorsement form. The deductible amount may be reduced through the submission of a new Application at the time of renewal. This procedure does not require the completion of the entire Flood Insurance Application. Deductibles cannot be reduced midterm unless required by the mortgagee and written authorization is provided by the mortgagee. A 30-day waiting period will be applied to reduce the deductible. TABLE 8A. STANDARD DEDUCTIBLES EMERGENCY PROGRAM REGULAR PROGRAM Flood Zone Pre-FIRM Pre-FIRM with Optional Post-FIRM Elevation Rating Post-FIRM $1,000 B, C, X, A99, D $500 $500 A, AO, AH, A1-A30, AE, VO, V1-V30, VE, V, AR, AR/AE, AR/AH, AR/AO, AR/A1-A30, AR/A $1,000 $500 $500 RATE 12 May 1, 2008 TABLE 8B. DEDUCTIBLE FACTORS Single Family and 2-4 Family Building and Contents Policies1,2,3 Deductible Options: Building/Contents Post-FIRM $500 Ded. Pre-FIRM $1,000 Ded. Deductible Options: Building/Contents Post-FIRM $500 Ded. Pre-FIRM $1,000 Ded. $ 500/ $500 1.000 1.100 $4,000/$1,000 .835 .850 $1,000/ $500 .975 1.050 $4,000/$2,000 .810 .825 $1,000/$1,000 .960 1.000 $4,000/$3,000 .785 .800 $2,000/ $500 .930 1.000 $4,000/$4,000 .765 .775 $2,000/$1,000 .915 .950 $5,000/ $500 .810 .875 $2,000/$2,000 .890 .925 $5,000/$1,000 .800 .825 $3,000/ $500 .890 .950 $5,000/$2,000 .785 .800 $3,000/$1,000 .875 .900 $5,000/$3,000 .770 .780 $3,000/$2,000 .850 .875 $5,000/$4,000 .755 .765 $3,000/$3,000 .825 .850 $5,000/$5,000 .740 .750 $4,000/ $500 .850 .900 Single Family and 2-4 Family Building Only or Contents Only Policies1,2,3 Building Post-FIRM$500 Ded. Pre-FIRM $1,000 Ded. $500 1.000 1.100 $1,000 .960 1.000 $2,000 .900 .935 $3,000 .850 .885 $4,000 .800 .835 $5,000 .750 .785 Contents4 Post-FIRM $500 Ded. Pre-FIRM $1,000 Ded. $500 1.000 1.150 $1,000 .950 1.000 $2,000 .850 .900 $3,000 .775 .825 $4,000 .700 .750 $5,000 .650 .675 Other Residential and Non-Residential Policies1,2,5 Bldg./ContentsDiscount From Amount Building Only Contents Only Post-FIRM $500 Ded. Pre-FIRM $1,000 Ded. Post-FIRM$500 Ded. Pre-FIRM $1,000 Ded. Post- FIRM$500 Ded. Pre-FIRM $1,000 Ded. $500/ $500 1.000 1.050 $500 1.000 1.050 1.000 1.050 $1,000/$1,000 .980 1.000 $1,000 .975 1.000 .980 1.000 $2,000/$2,000 .940 .960 $2,000 .940 .960 .950 .965 $3,000/$3,000 .910 .930 $3,000 .910 .925 .925 .940 $4,000/$4,000 .885 .910 $4,000 .880 .900 .900 .915 $5,000/$5,000 .870 .890 $5,000 .850 .875 .875 .890 $10,000/$10,0005 .775 .800 $10,000 .750 .760 .775 .800 $15,000/$15,0005 .725 .750 $15,000 .675 .685 .700 .725 $20,000/$20,0005 .675 .700 $20,000 .600 .610 .650 .660 $25,000/$25,0005 .625 .650 $25,000 .550 .560 .600 .610 $50,000/$50,0005 .500 .525 $50,000 .450 .460 .525 .535 1 Deductible factors for the RCBAP are located on page CONDO 22. 2 The ICC premium is not eligible for the deductible discount. First calculate the deductible discount, then add in the ICC premium, for each policy year. 3 These deductible factors apply for condominium unit owners. 4 Also applies to residential unit contents in Other Residential building or in multi-unit condominium building. 5 Deductibles of $10,000 to $50,000 are available only for Non-Residential Policies. RATE 13 May 1, 2008 IV. INCREASED COST OF COMPLIANCE (ICC) COVERAGE Coverage is afforded under the Standard Flood Insurance Policy for the increased cost to rebuild, or otherwise alter, a flood-damaged structure to bring it into conformance with State or local floodplain management ordinances or laws. ICC coverage is mandatory for all Standard Flood Insurance Policies except for (1) those sold in Emergency Program communities, (2) contents-only policies, (3) Dwelling Forms on individual condominium units, and (4) Group Flood Insurance. For these four cases, ICC coverage is not available. In a condominium building, ICC coverage is only available through the Condominium Association’s flood policy. The current ICC coverage limit is $30,000 per building or, for non-condominium townhouse construction, per unit, per policy. This coverage amount is in addition to the Building Amount of insurance purchased. However, for any one flood event, the amount of combined loss payment received from Building coverage and ICC coverage cannot exceed the maximum program limits of $250,000 for residential structures and $500,000 for non-residential structures. TABLE 9. STANDARD FLOOD INSURANCE POLICY INCREASED COST OF COMPLIANCE (ICC) COVERAGE Premiums for $30,000 ICC Coverage All Except RCBAP, MPPP, Preferred Risk Policies, and Submit-For-Rate Policies FIRM Zone Residential Non-Residential Building Amount of Insurance Building Amount of Insurance $1 - $230,000 $230,001 - $250,000 $1 - $480,000 $480,001 - $500,000 Post- A, AE, A1-A30, AO, AH $ 6 $ 4 $ 6 $ 4 FIRM AR, AR DUAL ZONES $ 6 $ 4 $ 6 $ 4 POST-’81 V1-V30, VE $20 $14 $20 $14 ‘75-’81 V1-V30, VE $35 $25 $35 $25 A99, B, C, X, D $ 6 $ 4 $ 6 $ 4 Pre-A, AE, A1-A30, AO, AH $75 $60 $75 $60 FIRM AR, AR DUAL ZONES $ 6 $ 4 $ 6 $ 4 V, VE, V1-V30 $75 $60 $75 $60 A99, B, C, X, D $ 6 $ 4 $ 6 $ 4 NOTES: (1) ICC coverage does not apply to the Emergency Program, individually owned condominium units insured under the Dwelling Form or General Property Form, contents-only policies, and Group Flood Insurance Policies. (2) (3) The ICC premium is not eligible for the deductible discount. First calculate the deductible discount, then add in the ICC premium. Use only one ICC premium amount listed above for each building to be insured. (4) For scheduled building policies, apply ICC premium for each building. (5) Add Federal Policy Fee and Probation Surcharge, if applicable, when computing the premium. (6) Elevation-rated Pre-FIRM buildings should use Post-FIRM ICC premiums. (7) See RATE 19 for AR Zone and AR Dual Zone Rating information. (8) For flood policies issued through the Mortgage Portfolio Protection Program, use the rates and ICC premiums in the table on page MPPP 1. RATE 14 May 1, 2008 V. RATING STEPS A. Determine the exact location of the building and/or contents to be insured. IF THE MAILING ADDRESS DIFFERS FROM THE PROPERTY ADDRESS, USE THE PROPERTY ADDRESS ONLY. B. Determine if the building is located in an eligible community. Not all communities participate in the NFIP. There is NO COVERAGE available in nonparticipating communities. If you are uncertain, call the NFIP insurer, consult a local community official, or check the NFIP Community Status Book online (http://www.fema.gov/fema/csb.shtm). C. Determine the NFIP program phase (Emergency or Regular) and the community in which the property is located. Some communities may be eligible for premium discounts under the Community Rating System (CRS). See the CRS Section for a list of eligible communities, the corresponding discounts, and an example showing how to apply the CRS discount. D. Determine the location of the contents in the building. E. Determine the date of construction as described below. • Date of Construction—Buildings For flood insurance purposes, the date of construction for buildings under the NFIP must be determined in order to establish whether the building is Pre- FIRM or Post-FIRM construction. The start of construction or substantial improvement for insurance purposes means the date the building permit was issued, provided the actual start of construction, repair, reconstruction, or improvement was within 180 days of the permit date. For the Coastal Barrier Resources System, the start of construction or substantial improvement, for insurance purposes, must be determined in accordance with the documentation requirements set forth by the Coastal Barrier Resources Act (CBRA). (See the Coastal Barrier Resources System Section.) • Date of Construction—Manufactured (Mobile) Homes/Travel Trailers The date of construction for a manufactured (mobile) home is different from a standard building and depends upon the location of the manufactured (mobile) home. For manufactured (mobile) homes located in manufactured (mobile) home parks or subdivisions, the date of construction is the date facilities were constructed for servicing the manufactured (mobile) home site, or the date of the permit, provided that construction began within 180 days of the permit date. This rule applies to all manufactured (mobile) homes even if the manufactured (mobile) home is rated and classified as single family. For manufactured (mobile) homes not located in manufactured (mobile) home parks or subdivisions, but located on individually owned lots or tracts of land, the date of construction is the date the manufactured (mobile) home was permanently affixed to the site or the permit date if affixed to the site within 180 days of the date of permit. • Pre-FIRM Construction For the purpose of determining insurance rates, buildings for which the start of construction or substantial improvement was on or before December 31, 1974, or before the effective date of the initial FIRM for the community, are considered Pre-FIRM construction. However, for insurance purposes, manufactured (mobile) homes that are located or placed in existing manufactured (mobile) home parks or subdivisions, or expansions to existing manufactured (mobile) home parks or subdivisions, are considered Pre-FIRM. All historic buildings are considered Pre-FIRM as long as the building meets the definition of a historic building. (See the Definitions Section.) RATE 15 May 1, 2008 Pre-FIRM buildings that are substantially improved may continue being rated as Pre-FIRM if certain conditions are satisfied. Pre-FIRM rating is applicable ONLY when ALL of the following conditions are met: - The building must be Pre-FIRM. - The substantial improvement must be an ADDITION to the building. (This condition excludes substantial improvements made as interior remodeling or repair projects.) - The ADDITION and extension must be next to and in contact with the existing building. (This condition does not apply to substantial improvements consisting of the construction of additional floors.) - An Elevation Certificate must be submitted to the NFIP Underwriting Unit with the application or renewal. The Elevation Certificate must verify that the lowest floor elevation of the ADDITION is at or above the applicable Base Flood Elevation in effect at the time the addition is started. NOTE: Elevation Certificates certified on or after January 1, 2007, must be submitted on the new Elevation Certificate form. The Elevation Certificate must meet all photo requirements described on pages CERT 1-2 of this manual. An Elevation Certificate submitted without the required photographs is not considered valid for rating. If all of the above conditions are satisfied, the entire building is eligible for Pre-FIRM rates. (Except for some V-Zone risks and some manufactured [mobile] home risks, Post-FIRM rates provide less costly coverage and, therefore, the coverage may be rated using the lower Post-FIRM rates.) If the above conditions are not satisfied, the entire building MUST be rated as Post-FIRM. • Post-FIRM Construction For insurance rating purposes, buildings for which the start of construction or substantial improvement was after December 31, 1974, or on or after the effective date of the initial FIRM for the community, whichever is later, are considered Post-FIRM construction. This would include all manufactured (mobile) homes located in either new manufactured (mobile) home parks or subdivisions or outside of existing manufactured (mobile) home parks or subdivisions. VI. PREMIUM CALCULATION A. Emergency Program 1. Determine Occupancy Type: Residential or Non-Residential. 2. Calculate premium using appropriate rates. 3. Apply appropriate deductible factor if an Optional Deductible is selected. 4. Add Federal Policy Fee. B. Regular Program 1. Determine if the property to be insured is Pre-FIRM or Post-FIRM. A Pre-FIRM premium table for standard risk, single family property is located on page RATE 11. 2. Determine Zone. 3. Determine Occupancy: Single Family, 2-4 Family, Other Residential, Non-Residential, or Manufactured (Mobile) Home. 4. Determine Building Type (including basement or enclosure, if any): one floor, two floors, three or more floors, split level, or manufactured (mobile) home on foundation. 5. Determine if building has basement (or enclosed area below an elevated building): none, finished, or unfinished. 6. Determine Elevation Difference. 7. Calculate premium using the appropriate rates. 8. Apply appropriate deductible factor if an Optional Deductible is selected. RATE 16 May 1, 2008 9. The ICC premium is not subject to deductible factors. First calculate the deductible amount, then add in the ICC premium. 10. Apply CRS discount, if applicable. 11. Add $50.00 Probation Surcharge if building is located in a community on probation. 12. Add Federal Policy Fee. VII. KEY POINTS FOR RATING A. Basic Limits and Additional Limits For rating purposes in the Regular Program, separate rates have been established for the Basic Limits and the Additional Limits. B. Whole Dollars NFIP accepts premium only in WHOLE DOLLARS. If the discount for an optional deductible does not result in a whole dollar premium, round up if 50¢ or more; round down if less. ALWAYS SUBMIT GROSS PREMIUM. C. Increased Cost of Compliance (ICC) Premium Total Prepaid Amount will include ICC premium. The ICC premium is not subject to deductible factors, but the CRS discount will apply. D. Federal Policy Fee A Federal Policy Fee shall be charged for all new and renewal policies, including the Preferred Risk Policy. This fee is fully earned on the effective date of the policy, except as indicated in the Cancellation/Nullification Section. This fee is not subject to earned commissions and, as such, is not considered part of the Total Prepaid Premium. The Federal Policy Fee must, however, be added to the Total Prepaid Premium in order to figure the Total Prepaid Amount. Under the Residential Condominium Building Association Policy, the Federal Policy Fee is based on the number of units (see CONDO Section). E. Buildings in More Than One Flood Zone Buildings, not the land, located in more than one zone must be rated using the more hazardous zone. This condition applies even though the portion of the building located in the more hazardous zone may not be covered under the SFIP, such as a deck. F. Different Base Flood Elevations (BFEs) Reported When the BFE shown on a Flood Zone Determination Company’s form is different than the BFE shown on the property owner’s Elevation Certificate, the BFE shown on the Elevation Certificate must be used to rate the policy. G. Mortgagee on Policy—Higher Deductible Requested When a mortgagee is listed on the policy, their WRITTEN CONSENT should be secured before requesting a deductible higher than the applicable SFIP deductible. VIII. REGULAR PROGRAM, POST-FIRM ELEVATION-RATED RISKS A. Elevation Difference The elevation difference is the difference between the lowest floor used for rating and the Base Flood Elevation (BFE). The elevation difference must be determined if the building is Post-FIRM located in a Special Flood Hazard Area (SFHA) and within a Regular Program community. Refer to the Lowest Floor Guide section for a guide to determining the lowest floor. Note that, in Puerto Rico, elevations are based on meters rather than feet. Before rating the flood insurance premium, the agent must convert the meter elevations into feet. For rating purposes, the elevation difference is the difference, measured in feet, between the lowest floor elevation of the building to be rated, and the BFE for that zone. The elevation difference can be a number of feet above (+) or below (-) the BFE. If the BFE and/or the lowest floor elevation is shown in tenths (e.g., 10.5’), the agent must apply the rounding rule to the difference between the BFE and the lowest-floor-for-rating elevation. If the difference is negative, the final figure is RATE 17 May 1, 2008 rounded up from .5. If the difference is positive, the final figure is rounded up from .5. Always round to the higher elevation. For example, -3’ is higher than -3.5’ and +4’ is higher than +3.5’. Rounding Rule Example: 11’ BFE -3’ -2’ -1’ 0’ +1’ +2’ +3’ 10.5’ LF - 11.0’ BFE = -0.5’ Because the difference is negative, it is rounded up to 0’. 11.5’ LF – 11.0’ BFE = +0.5’ Because the difference is positive, it is rounded up to 1.0’. B. Examples Examples to illustrate how to determine the elevation difference are provided below. 1. Zones A1-A30, AE, AR, AR Dual Zones, Post-‘81 V1-V30, VE, and A (With Estimated BFE) Lowest Floor Elevation -Base Flood Elevation (BFE) = Elevation Difference Examples: a. Lowest Floor Elevation (+10') - BFE (+6') = Elevation Difference of (+4'). b. Lowest Floor Elevation (+8.3') - BFE (+6.0') = Elevation Difference of (+2.3'); therefore, (+2.3') is rounded down to (+2.0'). c. Lowest Floor Elevation (+12.4') - BFE (+8.8') = Elevation Difference of (+3.6'); therefore, (+3.6') is rounded up to (+4.0'). d. Lowest Floor Elevation (+9.5') - BFE (+12.0') = Elevation Difference of (-2.5'); therefore, (-2.5') is rounded down to (-2'). 2. Zone AH Lowest Floor Elevation -Base Flood Elevation (BFE) = Elevation Difference Examples: a. Lowest Floor Elevation (+4') - BFE (+2') = (+2'); use With Certification of Compliance rates. b. Lowest Floor Elevation (+6') - BFE (+8') = (-2'); use Without Certification of Compliance rates. c. Lowest Floor Elevation (+3.9') - BFE (+4') = (0'); use With Certification of Compliance rates. 3. Zone AO In AO zones, the difference between the top of the bottom floor and the highest adjacent grade is the lowest floor elevation used for rating. If the lowest floor elevation is equal to or greater than the Base Flood Depth printed on the FIRM, use With Certification of Compliance rate. If the elevation difference is less than the Base Flood Depth, use Without Certification of Compliance rates. When no Base Flood Depth is printed on the FIRM, a depth of 2 feet must be used for rating purposes. Examples: a. Lowest Floor Elevation (distance between the top of the bottom floor and the highest adjacent grade) (+2.9') - Base Flood Depth (3') = (0'); use With Certification of Compliance rates. b. Lowest Floor Elevation (0') - Base Flood Depth (+1') = (-1'); use Without Certification of Compliance rates. c. Lowest Floor Elevation (+2') - (+2') (no published Base Flood Depth) = (0'); use With Certification of Compliance rates. 4. Zone A (With No Estimated BFE) In Zone A where there is no established BFE, the difference between the top of the bottom floor and the highest adjacent grade is the lowest floor elevation used for rating. Examples: a. Lowest Floor Elevation (distance between the top of the bottom floor and the highest adjacent grade) (+3') = (+3') for rating purposes (use No Estimated BFE rate table). The top of the bottom floor is 3' above the highest adjacent grade. RATE 18 May 1, 2008 b. Lowest Floor Elevation (-2') = (-2') for rating purposes. The top of the bottom floor is below the highest adjacent grade by 2'. 5. Zones V1-V30, VE Post-FIRM 1975-81 Lowest Floor Elevation -Base Flood Elevation (BFE) = Elevation Difference C. Optional Elevation Rating Pre-FIRM construction, at the option of the applicant, may be rated using Pre- or Post-FIRM rating. Once it is determined which rating will provide a lower premium, a policy may be endorsed to obtain a lower rate. Pre-FIRM buildings with subgrade crawl spaces that are below the Base Flood Elevation (BFE) may use optional Post-FIRM elevation rating. For policy processing, follow the Submit-for-Rate procedures on pages RATE 24-25. This is the only Pre-FIRM construction that can be rated using the Submit-for-Rate procedure. IX. PRE-FIRM ELEVATED BUILDING RATED AT PRE-FIRM RATES Pre-FIRM elevated buildings with no enclosures beneath the lowest elevated floor are to be rated using the No Basement rates. Pre-FIRM elevated buildings with enclosures beneath the lowest elevated floor are to be rated using the With Enclosure rates. X. AR ZONE AND AR DUAL ZONE RATING NOTE: AR Dual Zones appear on the FIRM as AR/AE, AR/AH, AR/AO, AR/A1 A30, and AR/A. For Pre-FIRM construction and Post-FIRM non- elevation rated risks, use the rates provided in Table 4. Structures in AR and AR Dual Zones with an Elevation Certificate may be rated using the rates provided in Table 5. XI. POST-FIRM AO ZONE RATING In Zone AO, when the base flood depth number is not printed on the FIRM, a base flood depth of 2 feet is an acceptable standard unless modified by community ordinance or state law. The difference from the top of the lowest floor to the highest adjacent ground (grade) must be greater than or equal to 2 feet in order to use the more favorable With Certification of Compliance rates. If the difference is less than 2 feet, the Without Certification of Compliance rates are to be used. XII. POST-FIRM RATING OF ELEVATED BUILDINGS IN ZONES B, C, X, A99, AND D Post-FIRM elevated buildings in the above zones with no enclosures beneath the lowest elevated floor are to be rated using the No Basement/Enclosure rates. Post-FIRM elevated buildings in the above zones with enclosures beneath the lowest elevated floor are to be rated using the With Enclosure rates. XIII. REGULAR PROGRAM V ZONE POSTFIRM CONSTRUCTION A. Rating All V Zone Buildings For an elevated building (building on posts, piles, or piers only) rated without an enclosure or obstruction, the Zone V, V1-V30, and VE rates do not take into consideration the flood risk associated with any addition of a habitable area (finished or used as living or work area) below the lowest elevated floor. Further, rates do not allow for any flood risk to the machinery or equipment used to service the building located below the lowest elevated floor. NOTE: A 1975-81 risk with an unfinished enclosure under 300 square feet, with breakaway walls, and without machinery or equipment, can be rated without taking into account the enclosure, but a 1981 Post-FIRM risk cannot. B. Zones VE and V1-V30—Enclosure Containing Machinery or Equipment Below BFE Follow these steps when determining the lowest floor for rating in Zones VE and V1-V30 where there is an enclosure containing machinery or equipment located below the BFE: • The bottom of the enclosure slab is the correct floor for rating. Determine whether the elevation in Item C2.c on the new Elevation Certificate (EC) or Item C3.c on the old EC (bottom of lowest horizontal structural member) reflects the top or the bottom of the slab. • If the lowest horizontal structural member is equal to or higher than Item C2.f on the new EC or Item C3.f on the old EC (lowest RATE 19 May 1, 2008 adjacent grade), deduct (for 1-4 family residences) 12 inches from the elevation found in Item C2.c or Item C3.c and 18 inches for buildings other than 1-4 family. This estimated elevation is the elevation figure used for rating the flood insurance policy. If the surveyor has used Item C2.a on the new EC or Item C3.a on the old EC (top of bottom floor including basement or enclosure) to indicate the elevation of the enclosure slab, then: • The bottom of the enclosure slab is the correct floor for rating. Determine whether the elevation in Item C2.a or Item C3.a reflects the top or the bottom of the slab. • If Item C2.a is equal to or higher than Item C2.f, or if Item C3.a is equal to or higher than Item C3.f, deduct (for 1-4 family residences) 12 inches from the elevation found in Item C2.a or Item C3.a and 18 inches for buildings other than 1-4 family. This estimated elevation is the elevation figure used for rating the flood insurance policy. C. 1975-81 Post-FIRM V Zone Construction 1975-81 Post-FIRM V-Zone Construction refers to any V-Zone Post-FIRM building for which the start of construction or substantial improvement began January 1, 1975, through September 30, 1981. D. 1981 Post-FIRM V Zone Construction 1981 Post-FIRM V-Zone Construction refers to any V Zone Post-FIRM building for which (1) the permit application date for the construction or substantial improvement is on or after October 1, 1981, or (2) the permit was issued before October 1, 1981, and the actual start date of construction did not begin within 180 days of the permit date. E. Elevated Buildings—1981 Post-FIRM V Zone Construction 1. Elevated Building Without Obstruction The area below the lowest elevated floor is open, with no obstruction, to allow the flow of floodwaters. Insect screening is permissible. Wooden or plastic lattice, slats, or shutters are also permissible if at least 40 percent of their area is open. Lattice can be no thicker than ½ inch; slats or shutters can be no thicker than 1 inch. Any machinery or equipment below the lowest elevated floor must be at or above the BFE. Use the rates from Table 3E. For unnumbered Zone V, use Submit-for-Rate guidelines. 2. Elevated Building With Obstruction The area below the Elevated Floor is enclosed, either partially or fully by solid perimeter foundation walls or breakaway walls. Use the rates from Table 3F provided that the enclosure is less than 300 square feet or contains machinery or equipment below the BFE. For unnumbered Zone V, use Submit-for-Rate guidelines. NOTE: • Equipment located below the lowest elevated floor constitutes an obstruction. • For all non-elevated buildings, elevated buildings with non-breakaway walls below their lowest elevated floors, and elevated buildings with habitable or finished areas located below their lowest elevated floors, the submit-forrate procedures should be followed. Producers should be sure to include a recent photograph or blueprints, including a site grading plan if ocean front, a copy of the variance, and an Elevation Certificate with the Application form. • Any additions during the policy term or any subsequent policy term that would change the applicable rates must be endorsed to the policy. Any additional premium must be paid by the insured. 3. Replacement Cost Ratio The replacement cost ratio is needed to select the proper rate for insurance on buildings in 1981 Post-FIRM Construction V, V1-V30, and VE Zones on or after October 1, 1981. The estimated building replacement cost is used in conjunction with the amount of the building insurance desired to determine the insurance-toreplacement- cost ratio. Replacement cost is defined as the amount of money required to replace or repair the insured building in the event of loss or damage, without a deduction for depreciation. The replacement cost ratio is determined by dividing the amount of building coverage by the replacement cost of the building. RATE 20 May 1, 2008 If the replacement cost of the building exceeds the maximum statutory building limit, use the replacement cost, not the maximum statutory building limit, in calculating the ratio. For example, if the building replacement cost is $1,000,000 and the amount of building coverage requested is the maximum statutory building limit of $250,000, the rate is .25, so use the rate listed for “Replacement Cost Ratio Under .50.” Place the rate in the appropriate box on the Application and continue with the premium calculation. 4. Elevation Information The lowest floor elevation must be identified for buildings in Zones V, V1-V30, and VE. Note that the lowest floor elevation is measured at the bottom of the lowest floor beam or slab, whichever is appropriate. The BFE, including wave height, must be identified for any building located in Zones V1-V30 and VE. XIV. SPECIAL RATING SITUATIONS A. Tentative Rates Tentative rates are used to issue policies when producers fail to provide the required actuarial rating information. With tentative rates, a policy will be generated with coverage limits based on the actual premium received. Tentatively rated policies cannot be endorsed to increase coverage limits, or renewed for another policy term, until the required actuarial rating information and full premium payment are received. Tentative rates are generally higher than the rates published in this manual (ranging from $2 to $10 per $100 of coverage). When tentative rates are applied, a Declarations Page and a Tentative Rate Letter will be forwarded to the policyholder, producer, and mortgagee (if any), requesting the necessary information so that the proper rate can be determined. If a loss occurs on a tentatively rated property, payment will be limited by the amount of coverage that the initially submitted premium will purchase using the correct actuarial rating information. B. Alternative Rates When a building is Pre-FIRM and the FIRM zone is unknown, an alternative rating procedure can be used only if the building is located in a community that does not have any V Zones. In these cases, the NFIP will presume that the building is located in a Special Flood Hazard Area, and the FIRM zone should be shown as Zone AA. AA is not a valid flood zone designation; rather, it is a rating method used when the flood zone is unknown. The rates for FIRM Zone A for Pre-FIRM properties should then be used to compute the premium. The alternative rating procedure is also used by the NFIP for renewal of policies in communities that have converted from the Emergency Program to the Regular Program during a policy's term. Again, this procedure can be used only when the community has no V Zones. In these cases, the NFIP assigns an AS Zone designation, which is not a valid flood zone designation, but rather a rating method, and uses the Pre-FIRM Zone A rates to compute the premium. In both of the above situations, the producer should determine the actual FIRM zone and submit a General Change Endorsement to correct the FIRM zone and premium. All corrections should be made as soon as possible within the initial policy term after an AA or AS Zone designation has been made. If the correct flood zone is not provided, no Renewal Premium Notice will be issued. C. Map “Grandfather” Rules--Effect of Map Revisions on Flood Insurance Rates A community will occasionally make structural improvements (dams, levees, etc.) to reduce the potential effects of flooding; experience new development aggravating the flooding situation, thereby expanding the floodplain; revise geographical boundaries resulting in the designation of additional flood hazard areas; or provide information to better delineate the BFE and/or flood insurance risk zones. When these situations occur, the FIRM is revised and republished. The implementation of a new FIRM raises the question--HOW DOES THE NEW MAP AFFECT FLOOD INSURANCE RATES? 1. Grandfather Rules To recognize policyholders who have built in compliance with the FIRM and/or remained loyal customers of the NFIP by RATE 21 May 1, 2008 maintaining continuous coverage, the Federal Emergency Management Agency has “Grandfather rules.” These rules allow such policyholders to benefit in the rating for that building. For such buildings, the insured would have the option of using the current rating criteria for that property or having the premium rate determined by using the BFE and/or flood zone on the FIRM (old map) in effect when the building was originally constructed (for those built in compliance) or when coverage was first obtained (for those with continuous coverage). This results in a cost savings to insureds when the new map resulting from a map revision would result in a higher premium rate. The conditions that must be met for an insured to be eligible to receive the rating benefit from the “Grandfather rules” after a map revision (new map) becomes effective are described below. 2. General Rule of Rating Always use the new map if it will provide a more favorable premium (lower rate). 3. Existing Business--Renewal Policies Policies written to cover either Post-FIRM or Pre-FIRM construction may be renewed and rated based on the FIRM and/or BFE in effect when the policy was initially rated as long as the coverage is continuous and the building has not been altered to make the reference level lower than the BFE on that FIRM. (NOTE: Alteration does not apply to Pre-FIRM construction or to risks grandfathered to a B, C, or X Zone.) a. Examples--Post-FIRM Construction • A building was constructed in 1980. Coverage was purchased at the time of construction. The FIRM zone in effect was A1. The BFE was 10’. The Lowest Floor was 11’. The elevation difference was +1, and the policy was rated using a +1 elevation difference. This policy was written and continuously renewed for 3 years. In 1983 a new map for the community was issued. The property remained in an A1 Zone. However, the BFE became 12’. Because the lowest floor did not change, the elevation difference was -1. Since continuous coverage existed on the policy and the building was not altered in any way, the policy can be rated using a +1 elevation difference. • A building was constructed in 1980. The FIRM zone in effect was A. In 1983 the map was revised, which placed the building in a VE zone. Since continuous coverage existed and the building was not altered, the policyholder can continue to use Zone A in determining the rate. b. Example--Pre-FIRM Construction At the time flood insurance coverage was applied for, the building was located in Zone A99. A new map designated the zone as AE. The policy may continue to be rated using Zone A99 rates on the old map as long as there is no interruption in coverage. 4. New Business--Applications for Coverage a. Post-FIRM Construction NOTE: These rules apply to buildings in all zones, including Zone D. If a new policy is applied for, the rates can be based on the FIRM zone and the BFE on the old map in effect on the date the building was constructed provided that: • The building was built in compliance with the map in effect at the time of construction; and • The building has not been altered in any way that has resulted in a lowest floor, for rating purposes, lower than the BFE on that FIRM (e.g., enclosing the area below an elevated building); and • The building has not been substantially improved. The property owner or producer must provide proper documentation to the WYO company or NFIP Servicing Agent. The documentation must show: the date of the FIRM; the zone on that FIRM in which the property is located; the BFE, if any, for that zone; a copy of the map panel showing the location of the building; and the rating element that is to be grandfathered. A letter from a community official verifying this information, or an Elevation Certificate, also is acceptable. RATE 22 May 1, 2008 Example: A building was constructed in 1980 and, according to the FIRM in effect at that time, was located in Zone AE. No insurance policy was purchased until 1990. At that time remapping had occurred and the zone had been changed to a more hazardous area, Zone VE. The new policy can use Zone AE as the rating zone if the required documentation is provided. b. Pre-FIRM Construction This “built in compliance” rule also applies to Pre-FIRM construction if the date of construction was on or before December 31, 1974, and was on or after the FIRM date. Example: A building was constructed in November 1974 and the FIRM date was May 3, 1973. The old map showed the building’s location as Zone C. Ten years later in 1984, a new map placed the building in an A zone. Flood insurance coverage was applied for after the map was revised. To use the old map showing Zone C as the rating zone, proper documentation must be submitted. D. Post-’81 V Zone Optional Rating This optional rating is available for new and renewal policies and endorsements with effective dates on or after October 1, 1997. Policies for 1975 through 1981 Post-FIRM and Pre-FIRM buildings in Zones VE and V1-V30 are allowed to use the Post-’81 V Zone rate tables (Tables 3E or 3F) if the rates are more favorable to the insured. In order to qualify, the following criteria must be met: 1. The policy must be rated using the BFE printed on the FIRM panel that includes wave height. The effective date of the FIRM panel must be on or after 10/1/81. 2. The building rates are determined based on the ratio of the estimated building replacement cost and the amount of insurance purchased. 3. The building must be elevated free of obstruction or with obstruction less than 300 square feet. All machinery and equipment located below the BFE are considered obstructions. E. Policies Requiring Re-Rating The following conditions require that the policies be rated using the new map: 1. If an elevation-rated building is altered, making the lowest floor for rating purposes below the BFE. Example: An elevated building is located in an AE Zone at the time of construction. The Lowest Floor Elevation (LFE) was 18’. The BFE was 10’. The Lowest Floor rating was a +8 elevation differential. The map was revised, changing the BFE to 11’. The insured decided to enclose the area beneath the elevated floor and use it as a living area. This changed the LFE to 9’. Due to the alteration, the new map must be used and the building is rated as -2. 2. If a Pre-FIRM or Post-FIRM building is substantially improved, the building must be re-rated using the FIRM in effect at the time that the substantial improvement occurred. A newer FIRM can always be used if it will result in a more favorable rating. Example: A building was constructed in 1972 and, when flood insurance was applied for in 1976, was found to be located in Zone C. The FIRM was revised in 1984. The building was substantially improved in 1985. Due to the improvement, the building must now be re-rated as Post-FIRM construction using the 1984 map, or the most recent map can be used if it will result in a more favorable rating. If ineligible for renewal as a Preferred Risk Policy because of a map change, the risk must be rewritten as a Standard Flood Insurance Policy. 3. If a Pre-FIRM or Post-FIRM building has been declared substantially damaged by a local community official, the agent must verify that the repair and/or reconstruction of the building has been made before the policy can be re-rated using the FIRM in effect at the time of the substantial improvement. RATE 23 May 1, 2008 In the event that the repair and/or reconstruction have not been made, the writing company may renew the policy using the proper rating prior to the loss. The agent/insured must notify the writing company when the actual repair is completed so the policy can be re-rated usign the correct FIRM. Example: A building was constructed in 1986. Late that year, when the building was purchased and flood insurance was applied for, the building was found to be located in Zone A15. The FIRM was revised in February 2005. In August 2005, a major hurricane caused severe flooding and wind damage in the county in which the building is located. The community declared the building substantially damaged by flood. However, because of widespread devastation throughout the area, the property owner had difficulty finding a repair contractor. When the policy came up for renewal in December, repair of the building had barely begun. The policy may be renewed under its pre-flood rating. F. Submit-for-Rate Certain properties at high flood risk, because of peculiarities in their exposure to flooding, do not lend themselves to preprogrammed rates. These risks require an in-depth underwriting analysis and must be submitted to the NFIP for an individual (specific) rate. As with other lines of property insurance, the underwriter requires documentation to evaluate those risk characteristics that make up the basis for a proper rate. The NFIP's two-fold goal of establishing sound actuarial rates and obtaining information for enforcing floodplain management requires that the following documentation be supplied for risks that fall within the submit-for-rate category: 1. Completed NFIP Flood Insurance Application. 2. Completed current Elevation Certificate. 3. Variance issued by the local community stating that permission was granted to construct the building. If no variance was granted, a statement to that effect signed by the applicant or the applicant's representative is required. 4. Recent photographs of the building (front and back), or a blueprint (layout of the building) if the building is under construction. 5. The square footage of any enclosure(s) or crawl spaces(s) below the elevated floor, the use of the enclosure/crawl space, a list of machinery and equipment, and the approximate value of each item located in the enclosure/crawl space. 6. If the area below the elevated floor is enclosed using masonry walls and these walls are represented as being breakaway walls in V Zones, a signed letter of verification from a local building official, an engineer, or an architect. 7. A statement from the applicant or the applicant's representative that the enclosure was built at the time that the building was originally constructed, or at a later date (give date). 8. If the building has a basement, a list of machinery and equipment located in the basement and each item's approximate value. 9. For elevated buildings, an Elevated Building Determination Form signed by the insured. 10. For all Post ’81 V-Zone, non-elevated buildings, foundation/structural plans or, if foundation/structural plans are not available, a written statement from the applicant or agent providing the same information. For Submit-for-Rate policies written as NFIP direct business, all of the appropriate documentation listed above must be mailed to the NFIP Servicing Agent, P.O. Box 2965, Shawnee Mission, KS 66201-1365. If the building is insurable, the Servicing Agent will deliver a written rate and the applicable ICC premium to the producer. Since a rate must be determined on these risks, no premium is to accompany the submission. Coverage will be effective 30 days after the receipt of the premium at the NFIP, with the following three exceptions: RATE 24 May 1, 2008 • If the coverage is in conjunction with the making, increasing, extending, or renewing of a loan, the effective date is on the day and time of the loan closing, provided that the policy is applied for and the presentment of premium is made at or prior to the loan closing. • If a lender determines that a loan on a building located in an SFHA does not have flood insurance coverage but should be covered, then the coverage is effective upon the completion of an application and presentment of premium. • If the new policy is being obtained as a result of a revision to a community’s flood map, during the 13-month period beginning on the effective date of the map revision, the effective date shall be 12:01 a.m., local time, following the day after the presentment of premium. For the NFIP direct business, the presentment of premium is the same as the receipt date of the full premium at the NFIP Servicing Agent. Submit-for-Rate quotations, excluding the ICC premium, Federal Policy Fee, and Probation Surcharge, if applicable, are valid for 90 days. After 90 days, the Flood Insurance Application and supporting documentation must be resubmitted for another determination of the rating. G. Crawl Space A building with a “crawl space” (under-floor space) has its interior floor area (finished or not) no more than 5 feet below the top of the next higher floor. If a crawl space is below grade on all sides, and the elevation of the crawl space floor is below the Base Flood Elevation (BFE), the crawl space must be rated according to the guidelines found on pages LFG 24-25. For the purpose of completing the Flood Insurance Application, the building must be described as a “non-elevated building with basement.” NFIP rules and regulations specify that a crawl space with its interior floor below grade on all sides is considered a “basement”; therefore, the Standard Flood Insurance Policy basement coverage limitations apply to such crawl spaces. A building with a crawl space that is not subgrade must be described as an elevated building. Pre-FIRM buildings with subgrade crawl spaces that are below the BFE may use optional Post- FIRM elevation rating. Follow the Submit-for- Rate procedures when using this optional rating. RATE 25 May 1, 2008 XV. CONTENTS LOCATION A. Single Family Dwellings For rating purposes, contents in a single family dwelling are considered to be located throughout the entire building regardless of the building type, with limited coverage in a basement and an enclosed area beneath the lowest elevated floor. Refer to the Standard Flood Insurance Policy. B. Multi-Family and Non-Residential Buildings The shaded areas in the illustrations below identify the location of the contents. The rates for contents located in the area indicated will be established based on the zone, construction date, and building description. 1. Non-Elevated Buildings (contents in shaded areas) ON APPLICATION FORM Building Type Basement Contents (including basement if any) • One Floor • None • Lowest Floor or Only Above • Two Floors Ground Level • Two Floors • Finished • Basement Only or • Three or More Floors LIMITED COVERAGE IN BASEMENT • Two Floors • None • Lowest Floor or Above Ground • Three or More Floors Level and Higher Floors • Two Floors • Finished • Basement or and Above • Three or More Floors LIMITED COVERAGE IN BASEMENT • Two Floors • Unfinished • Basement or and Above • Three or More Floors LIMITED COVERAGE IN BASEMENT RATE 26 May 1, 2008 ON APPLICATION FORM Building Type Basement Contents (including basement if any) • Two Floors • Finished • Lowest Floor or or Above Ground • Three or More Floors Unfinished Level and Higher Floors • Two Floors • None • Above Ground or or Level More • Three or More Floors • Finished Than One Full or Floor Unfinished RATE 27 May 1, 2008 2. Elevated Buildings (contents in shaded areas) Elevated building free of obstruction Elevated building free of obstruction Elevated building with enclosure below lowest elevated floor Elevated building, multiple occupancy, no enclosure ON APPLICATION FORM Building Type (including enclosure if any) Enclosure Contents • One Floor • None • Lowest Floor Only Above Ground Level • Two Floors • None • Lowest Floor Above Ground Level and Higher Floor • Three or More Floors • Unfinished • Enclosure and Above LIMITED COVERAGE IN ENCLOSED AREA • Three or More Floors • None • Lowest Floor Only Above Ground Level RATE 28 May 1, 2008 ON APPLICATION FORM Elevated building, multiple occupancy, no enclosure Elevated building, multiple occupancy, with enclosure Building Type (including enclosure if any) Enclosure Contents • Three or More Floors • None • Above Ground Level More Than One Full Floor • Three or More Floors • Unfinished • Above Ground Level More Than One Full Floor RATE 29 May 1, 2008 XVI. FIRMS WITH WAVE HEIGHTS The producer must determine whether or not the BFE on the FIRM includes wave height. With very few exceptions (for communities on the West Coast) the Flood Insurance Rate Maps (FIRMs) published prior to January 1, 1981, give still water levels that do not include wave height. FIRMs published January 1, 1981, and later indicate whether or not wave height is included. If wave height is included, the following statement appears on the map legend: "Coastal base flood elevations shown on this map include the effects of wave action." These adjustments apply to 1981 Post-FIRM construction (after October 1, 1981) for Zones V1-V30 and VE. A. Procedure for Calculating Wave Height Adjustment The following information is needed: • A completed Elevation Certificate. • BFE from the Elevation Certificate (Item B9) or from the FIRM. • Lowest Adjacent Grade from Item C3.f of the Elevation Certificate completed by a registered professional engineer, architect, or surveyor. • Depth of Still Water Flooding (subtract the Lowest Adjacent Grade from the BFE). The additional elevation due to wave crest in V Zone areas will normally vary from a minimum of 2.1 feet to 0.55 times the still water depth at the site. (BFE including wave height adjustment = still water BFE + 0.55 x [still water BFE - lowest adjacent grade elevation].) For example, a building's site is determined to be located in Zone V8 with a BFE of 14' NGVD on the appropriate FIRM. Using the information from the Elevation Certificate, the BFE is calculated as follows: Example 1: Base flood elevation 14´ Lowest adjacent grade -6´ Difference 8´ Factor x 0.55 Wave height adjustment (2.1´ minimum) 4.4´ Base flood elevation + 14´ BFE adjusted 18.4´ Example 2: Base flood elevation 14´ Lowest adjacent grade -11´ Difference 3´ Factor x 0.55 Wave height adjustment (2.1´ minimum) 1.65´ 2.1´* Base flood elevation + 14´ BFE adjusted 16.1´ * In Example 2, if the calculation results in less than the minimum 2.1 feet, use 2.1 feet in the calculation of the BFE adjusted. B. Wave Heights in Numbered Zones V1V30 and VE 1981 Post-FIRM Construction For most communities that have Coastal High Hazard Areas, the Wave Height Adjustment to the Base Flood Elevation (BFE) has been included on the FIRM. No wave height adjustment is required for any numbered V Zone area included on a FIRM for any Pacific Coast community RATE 30 May 1, 2008 since the wave action effects have already been considered in establishing the BFEs on the Pacific Coast. The 1981 and later FIRMs for the Atlantic and Gulf Coast communities indicate whether or not wave height is included. If wave height is included, the following statement appears under “Notes to User” on the map legends: “Coastal base flood elevations shown on this map include the effects of wave action.” C. Unnumbered V Zones 1981 Post-FIRM Construction Determining wave heights in coastal communities is a very important additional risk consideration in the engineering or architectural certification that the structure is securely anchored to adequately anchored pilings or columns in order to withstand velocity waters and hurricane wave wash. In these rare instances, it will be necessary to obtain, review, and reasonably utilize any BFE data available from a Federal, state, or other source, until such other data have been provided by the Federal Emergency Management Agency as criteria to determine the BFEs, including wave heights. D. Rate Selection Procedure Factors used in determining the appropriate insurance rate are: 1. The elevation of the building relative to the BFE adjusted by the wave height factor for an individual building site or the actual FIRM BFEs on the appropriate FIRM (include the effect of wave action [wave height]), and 2. The existence or non-existence of obstructions under the beam supporting the building's lowest floor. The replacement cost ratio is used to select the specific rate. Complete the appropriate section of the Application. XVII. FLOODPROOFED BUILDINGS Floodproofing and the completion of the Floodproofing Certificate are described in detail in the Special Certifications section. A. Elevation Difference To determine the elevation difference used for the rating of floodproofed buildings, the following procedures should be used if rounding is necessary: 1. Round floodproofed elevation to the nearest foot if the BFE is shown in feet. Convert the floodproofed elevation to tenths of feet if the BFE is shown in tenths of feet. 2. The elevation difference should be rounded to the nearest higher elevation. Use 0.5 feet as the midpoint and always round up. (Example: +1.5 becomes +2; -0.5 becomes 0; -1.4 becomes -1; -1.5 becomes -1; -1.6 becomes -2.) In order to qualify for floodproofing credit, buildings in AE, A1-A30, AH, and AO Zones must be floodproofed to at least 1 foot higher than their BFEs. B. Rating When computing a premium for a floodproofed building, use the following procedure: 1. Determine how far above the BFE the building is floodproofed. (For example, the building will be floodproofed at +1 foot, +2 feet, and so forth above BFE.) 2. Subtract 1 foot to determine the elevation to be used in determining the rate and computing the premium for the building. 3. Find the rate for the given building in the proper zone at the "adjusted" elevation. 4. Compute the premium as usual. The building must be floodproofed to +1 foot in order to receive a rate equivalent to a building with its lowest floor elevated to the BFE. For example, if the building is located in Zone AO and the community's floodproofing standards have been approved to a level of 3 feet above the highest adjacent grade (HAG) for the lowest floor of a nonfloodproofed building, to qualify for With Certification of Compliance rates, a building must meet the following standards: RATE 31 May 1, 2008 • Be floodproofed to an elevation of 4 feet above HAG (1 foot above the community's minimum standard of 3 feet above HAG). • The floodproofing must be certified by a registered professional engineer or architect on the Floodproofing Certificate or by a responsible local official in a letter containing the same information requested on the Floodproofing Certificate. • The certification, certificate, or letter must accompany the NFIP Flood Insurance Application. In order to be eligible for lower rates, the insured must have a registered professional engineer or architect certify that the floodproofing conforms to the minimum floodproofing specifications of FEMA. This means that the building must be floodproofed to at least 1 foot above the BFE. If floodproofed to 1 foot above the BFE or flood depth, it can then be treated for rating purposes as having a "0" elevation difference from the BFE. This certification must be submitted with the Application for flood insurance. To further illustrate, if the building is certified to be floodproofed to 2 feet above the BFE, flood depth, or comparable community approved floodplain management standards, whichever is highest, then it is credited for floodproofing and is to be treated for rating purposes as having a +1 foot elevation. XVIII. THE V-ZONE RISK FACTOR RATING FORM A. Use In conjunction with Table 10 (V-Zone Risk Rating Relativities Table), this optional form (see page RATE 35) may be used to evaluate the coastal risk when it is believed that the design, placement, and/or construction of a building is such that the usual criteria used to establish actuarially appropriate rates do not reflect the lessened risk of a particular structure. The form may be used to either: • Establish a rate prior to issuing a new policy, or • Appeal the rate charged on an existing policy. Submit the V-Zone Risk Factor Rating Form for review, along with a copy of the site grading and structural plans, the Elevation Certificate (EC), and photographs. See pages CERT 1-2 of this manual for photo requirements pertaining to the new EC, which became mandatory for use effective January 1, 2007. B. Submission The completed form should be submitted to the NFIP Bureau and Statistical Agent, Underwriting Department, P.O. Box 310, Lanham, MD 20703. Confirmation of the relativity and established rate will be returned to the submitting producer, engineer, and builder/applicant in approximately 30 business days. RATE 32 May 1, 2008 TABLE 10. V-ZONE RISK RATING RELATIVITIES TABLE Building No Obstruction Rates With Obstruction Rates Point Total1 Replacement Cost Ratio .75 or More Replacement Cost Ratio .50 to .74 Replacement Cost Ratio Under .50 Replacement Cost Ratio .75 or More Replacement Cost Ratio .50 to .74 Replacement Cost Ratio Under .50 Less than 225 1.200 1.200 1.200 1.150 1.150 1.150 225 – 275 1.100 1.100 1.100 1.050 1.050 1.100 276 – 325 1.000 1.000 1.000 0.950 0.950 1.000 326 – 375 0.900 0.950 1.000 0.950 0.975 1.000 376 – 425 0.800 0.850 0.900 0.875 0.925 0.950 426 – 475 0.700 0.750 0.800 0.800 0.850 0.900 476 – 525 0.600 0.650 0.700 0.725 0.775 0.825 526 – 575 0.500 0.575 0.650 0.650 0.700 0.750 576 – 625 0.400 0.500 0.600 0.600 0.650 0.700 1Subtract from your Building Point Total all points assigned for Item I. LOWEST FLOOR ELEVATION and Item IV.A.1. Free of Obstruction because these factors are included in the rate prior to application of any V-Zone Risk Factor Rating Credit. RATE 33 May 1, 2008 This page intentionally left blank. RATE 34 May 1, 2008 RATE 35 May 1, 2008 RATE 36 May 1, 2008 RATE 37 May 1, 2008 RATE 38 May 1, 2008 RATE 39 May 1, 2008 RATE 40 May 1, 2008 RATE 41 May 1, 2008 RATE 42 May 1, 2008 RATE 43 May 1, 2008 RATE 44 May 1, 2008 RATE 45 May 1, 2008 RATE 46 May 1, 2008 RATE 47 May 1, 2008 RATE 48 May 1, 2008 XIX. RATING EXAMPLES TABLE OF CONTENTS EXAMPLE PAGE Example 1 Emergency Program, Standard Deductible.......................................................RATE 50 Example 2 Regular Program, Pre-FIRM Construction, $2,000/$1,000 Deductible Option, Zone B.................................................................................RATE 51 Example 3 Regular Program, Pre-FIRM Construction, $500 Deductible Option (Surcharge), Zone AE........................................................................................RATE 52 Example 4 Regular Program, Pre-FIRM Construction, $3,000/$2,000 Deductible Option, Zone A15.............................................................................RATE 53 Example 5 Regular Program, Post-FIRM, Elevation Rated, $5,000/$5,000 Deductible Option, Zone AE..............................................................................RATE 54 Example 6 Regular Program, 1975-81 Post-FIRM V1-V30, Elevation Rated, Zone V13 ...RATE 55 Example 7 Regular Program, Post-1981 VE or V1-V30, with Enclosure, Zone VE............RATE 56 Example 8 Regular Program, Post-FIRM Construction, Contents-Only Policy, Zone A17.RATE 57 Example 9 Regular Program, Post-FIRM, Elevation Rated, $5,000/$5,000 Deductible Option, Zone AO..............................................................................RATE 58 Example 10 Regular Program, Post-FIRM, Elevation Rated, $500/$500 Deductible Option, Zone AO (With Certification of Compliance).......................RATE 59 Example 11 Regular Program, Post-FIRM, Elevation Rated, $3,000/$2,000 Deductible Option, Zone AH..............................................................................RATE 60 Example 12 Regular Program, Post-FIRM, Elevation Rated, $500/$500 Deductible Option, Zone AH (With Certification of Compliance).......................RATE 61 Example 13 Regular Program, Post-FIRM, Elevation Rated, $500/$500 Deductible Option, Zone A (with Estimated BFE)..............................................RATE 62 Example 14 Regular Program, Post-FIRM, Elevation Rated, $500/$500 Deductible Option, Zone A (without Estimated BFE).........................................RATE 63 RATE 49 May 1, 2008 EXAMPLE 1 EMERGENCY PROGRAM, STANDARD DEDUCTIBLE Data Essential To Determine Appropriate Rates and Premium: • Emergency Program • Flood Zone: N/A • Occupancy: Single-Family Dwelling • # of Floors: 1 Floor • Basement/Enclosure: None • Deductible: $1,000/$1,000 (Standard) • Deductible Factor: 1.000 • Contents Location: Lowest Floor Above Ground Level • Date of Construction: Pre-FIRM • Elevation Difference: N/A • Flood Proofed Yes/No: No • Building Coverage: $35,000 • Contents: $10,000 • ICC Premium: N/A • CRS Rating: N/A • CRS Discount: N/A Determined Rates: Building: .76 Contents: .96 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 35,000 .76 266 0 35,000 266 CONTENTS 10,000 .96 96 0 10,000 96 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 362 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM . . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 362 . MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT % . . PROVISIONAL RATING SUBTOTAL 362 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND PROBATION SURCHARGE . THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER FEDERAL POLICY FEE 35 APPLICABLE FEDERAL LAW. SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 397 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $266 / Contents: $96 2. Apply Deductible Factor: Building: 1.000 x $266 = $266 / Contents: 1.000 x $96 = $96 3. Premium Reduction/Increase: Building: $0 / Contents: $0 4. Subtotal: $362 5. Add ICC Premium: N/A 6. Subtract CRS Discount: N/A 7. Subtotal: $362 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $35 10. Total Prepaid Amount: $397 RATE 50 May 1, 2008 EXAMPLE 2 REGULAR PROGRAM, PRE-FIRM CONSTRUCTION, $2,000/$1,000 DEDUCTIBLE OPTION, ZONE B Data Essential To Determine Appropriate Rates and Premium: • Regular Program • Flood Zone: B • Occupancy: Single-Family Dwelling • # of Floors: 2 Floors • Basement/Enclosure: None • Deductible: $2,000/$1,000 • Deductible Factor: .915 • Contents Location: Lowest Floor Above Ground Level and Higher Floors • Date of Construction: Pre-FIRM • Elevation Difference: N/A • Flood Proofed Yes/No: No • Building Coverage: $150,000 • Contents Coverage: $60,000 • ICC Premium: $6 • CRS Rating: N/A • CRS Discount: N/A Determined Rates: Building: .78/.21 Contents: 1.20/.37 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 50,000 .78 390 100,000 .21 210 -51 150,000 549 CONTENTS 20,000 1.20 240 40,000 .37 148 -33 60,000 355 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 904 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM 6 . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 910 . MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT % . . PROVISIONAL RATING SUBTOTAL 910 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND PROBATION SURCHARGE . THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER FEDERAL POLICY FEE 35 APPLICABLE FEDERAL LAW. SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 945 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $600 / Contents: $388 2. Apply Deductible Factor: Building: .915 x $600 = $549 / Contents: .915 x $388 = $355 3. Premium Reduction: Building: $600 - $549 = $51 / Contents: $388 - $355 = $33 4. Subtotal: $904 5. Add ICC Premium: $6 6. Subtract CRS Discount: N/A 7. Subtotal: $910 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $35 10. Total Prepaid Amount: $945 RATE 51 May 1, 2008 EXAMPLE 3 REGULAR PROGRAM, PRE-FIRM CONSTRUCTION, $500 DEDUCTIBLE OPTION (SURCHARGE), ZONE AE Data Essential To Determine Appropriate Rates and Premium: • Regular Program • Flood Zone: AE • Occupancy: Single-Family Dwelling • # of Floors: 2 Floors • Basement/Enclosure: Enclosure • Deductible: $500/$500 • Deductible Factor: 1.100 (Surcharge) • Contents Location: Enclosure and Above • Date of Construction: Pre-FIRM • Elevation Difference: N/A • Flood Proofed Yes/No: No • Building Coverage: $150,000 • Contents Coverage: $60,000 • ICC Premium: $75 • CRS Rating: N/A • CRS Discount: N/A Determined Rates: Building: .81/.96 Contents: .96/.97 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 50,000 .81 405 100,000 .96 960 +137 150,000 1,502 CONTENTS 20,000 .96 192 40,000 .97 388 +58 60,000 638 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 2,140 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM 75 . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 2,215 . MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT % . . PROVISIONAL RATING SUBTOTAL 2,215 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND PROBATION SURCHARGE . THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER FEDERAL POLICY FEE 35 APPLICABLE FEDERAL LAW. SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 2,250 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $1,365 / Contents: $580 2. Apply Deductible Factor: Building: 1.100 x $1,365 = $1,502 / Contents: 1.100 x $580 = $638 3. Premium Increase: Building: $1,502 - $1,365 = $137 / Contents: $638 - $580 = $58 4. Subtotal: $2,140 5. Add ICC Premium: $75 6. Subtract CRS Discount: N/A 7. Subtotal: $2,215 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $35 10. Total Prepaid Amount: $2,250 RATE 52 May 1, 2008 EXAMPLE 4 REGULAR PROGRAM, PRE-FIRM CONSTRUCTION, $3,000/$2,000 DEDUCTIBLE OPTION, ZONE A15 Data Essential To Determine Appropriate Rates and Premium: • Regular Program • Flood Zone: A15 • Occupancy: Single-Family Dwelling • # of Floors: 3 Floors • Basement/Enclosure: Basement • Deductible: $3,000/$2,000 Building and Contents • Deductible Factor: .875 • Contents Location: Basement and Above • Date of Construction: Pre-FIRM • Elevation Difference: N/A • Flood Proofed Yes/No: No • Building Coverage: $250,000 • Contents Coverage: $100,000 • ICC Premium: $60 • CRS Rating: 4 • CRS Discount: 30% Determined Rates: Building: .81/.79 Contents: .96/.81 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 50,000 .81 405 200,000 .79 1,580 -248 250,000 1,737 CONTENTS 20,000 .96 192 80,000 .81 648 -105 100,000 735 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 2,472 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM 60 . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 2,532 . MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT 30% -760 . PROVISIONAL RATING SUBTOTAL 1,772 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND PROBATION SURCHARGE . THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER FEDERAL POLICY FEE 35 APPLICABLE FEDERAL LAW. SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 1,807 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $1,985 / Contents: $840 2. Apply Deductible Factor: Building: .875 x $1,985 = $1,737 / Contents: .875 x $840 = $735 3. Premium Reduction: Building: $1,985 - $1,737 = $248 / Contents: $840 - $735 = $105 4. Subtotal: $2,472 5. Add ICC Premium: $60 6. Subtract CRS Discount: -$760 (30%) 7. Subtotal: $1,772 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $35 10. Total Prepaid Amount: $1,807 RATE 53 May 1, 2008 EXAMPLE 5 REGULAR PROGRAM, POST-FIRM, ELEVATION RATED, $5,000/$5,000 DEDUCTIBLE OPTION, ZONE AE Data Essential To Determine Appropriate Rates and Premium: • Regular Program • Flood Zone: AE • Occupancy: Non-Residential • # of Floors: 2 Floors • Basement/Enclosure: None • Deductible: $5,000/$5,000 • Deductible Factor: .870 • Contents Location: Above Ground Level and Higher Floors • Date of Construction: Post-FIRM • Elevation Difference: +4 • Flood Proofed Yes/No: No • Building Coverage: $500,000 • Contents Coverage: $500,000 • ICC Premium: $4 • CRS Rating: 5 • CRS Discount: 25% Determined Rates: Building: .20/.08 Contents: .22/.12 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 150,000 .20 300 350,000 .08 280 -75 500,000 505 CONTENTS 130,000 .22 286 370,000 .12 444 -95 500,000 635 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 1,140 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM 4 . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 1,144 . MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT 25% -286 . PROVISIONAL RATING SUBTOTAL 858 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND PROBATION SURCHARGE . THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER FEDERAL POLICY FEE 35 APPLICABLE FEDERAL LAW. SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 893 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $580 / Contents: $730 2. Apply Deductible Factor: Building: .870 x $580 = $505 / Contents: .870 x $730 = $635 3. Premium Reduction: Building: $580 - $505 = $75 / Contents: $730 - $635 = $95 4. Subtotal: $1,140 5. Add ICC Premium: $4 6. Subtract CRS Discount: -$286 (25%) 7. Subtotal: $858 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $35 10. Total Prepaid Amount: $893 RATE 54 May 1, 2008 EXAMPLE 6 REGULAR PROGRAM, 1975-81 POST-FIRM V1-V30, ELEVATION RATED, ZONE V13 Data Essential To Determine Appropriate Rates and Premium: • Regular Program • Flood Zone: V13 • Occupancy: Single-Family Dwelling • # of Floors: 2 Floors • Basement/Enclosure: None • Deductible: $500/$500 • Deductible Factor: 1.000 • Contents Location: Lowest Floor Above Ground Level and Higher Floors • Date of Construction: 1975 - 81 (Post-FIRM) • Elevation Difference: +1 • Flood Proofed Yes/No: No • Building Coverage: $150,000 • Contents Coverage: $100,000 • ICC Premium: $35 • CRS Rating: 8 • CRS Discount: 10% Determined Rates: Building: 2.05/.46 Contents: 2.55/.61 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 50,000 2.05 1,025 100,000 .46 460 0 150,000 1,485 CONTENTS 20,000 2.55 510 80,000 .61 488 0 100,000 998 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 2,483 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM 35 . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 2,518 . MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT 10% -252 . PROVISIONAL RATING SUBTOTAL 2,266 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND PROBATION SURCHARGE . THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER FEDERAL POLICY FEE 35 APPLICABLE FEDERAL LAW. SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 2,301 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $1,485 / Contents: $998 2. Apply Deductible Factor: Building: 1.000 x $1,485 = $1,485 / Contents: 1.000 x $998 = $998 3. Premium Reduction/Increase: Building: $0 / Contents: $0 4. Subtotal: $2,483 5. Add ICC Premium: $35 6. Subtract CRS Discount: -$252 (10%) 7. Subtotal: $2,266 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $35 10. Total Prepaid Amount: $2,301 RATE 55 May 1, 2008 EXAMPLE 7 REGULAR PROGRAM, POST-1981 VE OR V1-V30, WITH ENCLOSURE, ZONE VE Data Essential To Determine Appropriate Rates and Premium: • Regular Program • Flood Zone: VE • Occupancy: Single-Family Dwelling • # of Floors: 3 or More Floors • Basement/Enclosure: Enclosure (< 300 sq. ft., w/o M&E) • Deductible: $3,000/$3,000 • Deductible Factor: .825 • Contents Location: Lowest Floor Above Ground Level and Higher Floors • Date of Construction: Post-81 • Elevation Difference: -1 • Flood Proofed Yes/No: No • Replacement Cost: $300,000 • Building Coverage: $250,000 • Contents Coverage: $100,000 • ICC Premium: $14 • CRS Rating: 9 • CRS Discount: N/A Determined Rates: Building: 2.93/2.93 Contents: 2.19/2.19 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 50,000 2.93 1,465 200,000 2.93 5,860 -1,282 250,000 6,043 CONTENTS 20,000 2.19 438 80,000 2.19 1,752 -383 100,000 1,807 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 7,850 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM 14 . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 7,864 . MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT % . . PROVISIONAL RATING SUBTOTAL 7,864 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND PROBATION SURCHARGE . THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER FEDERAL POLICY FEE 35 APPLICABLE FEDERAL LAW. SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 7,899 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $7,325 / Contents: $2,190 2. Apply Deductible Factor: Building: .825 x $7,325 = $6,043 / Contents: .825 x $2,190 = $1,807 3. Premium Reduction: Building: $7,325 - $6,043 = $1,282 / Contents: $2,190 - $1,807 = $58 4. Subtotal: $7,850 5. Add ICC Premium: $14 6. Subtract CRS Discount: N/A 7. Subtotal: $7,864 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $35 10. Total Prepaid Amount: $7,899 RATE 56 May 1, 2008 EXAMPLE 8 REGULAR PROGRAM, POST-FIRM CONSTRUCTION, CONTENTS-ONLY POLICY, ZONE A17 Data Essential To Determine Appropriate Rates and Premium: • Regular Program • Flood Zone: A17 • Occupancy: 2-4 Family Dwelling (Renter’s Policy) • # of Floors: 2 Floors • Basement/Enclosure: None • Deductible: $500 • Deductible Factor: 1.000 • Contents Location: Above Ground Level and Higher Floors • Date of Construction: Post-FIRM • Elevation Difference: +2 • Flood Proofed Yes/No: No • Building Coverage: N/A • Contents Coverage: $100,000 • ICC Premium: N/A • CRS Rating: N/A • CRS Discount: N/A Determined Rates: Building: N/A Contents: .38/.12 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 0 CONTENTS 20,000 .38 76 80,000 .12 96 0 100,000 172 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 172 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM . . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 172 . MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT % . . PROVISIONAL RATING SUBTOTAL 172 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND PROBATION SURCHARGE . THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER FEDERAL POLICY FEE 35 APPLICABLE FEDERAL LAW. SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 207 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: N/A / Contents: $172 2. Apply Deductible Factor: Building: N/A / Contents: 1.000 x $172 = $172 3. Premium Reduction/Increase: Building: N/A / Contents: $0 4. Subtotal: $172 5. Add ICC Premium: N/A 6. Subtract CRS Discount: N/A 7. Subtotal: $172 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $35 10. Total Prepaid Amount: $207 RATE 57 May 1, 2008 EXAMPLE 9 REGULAR PROGRAM, POST-FIRM, ELEVATION RATED, $5,000/$5,000 DEDUCTIBLE OPTION, ZONE AO Data Essential To Determine Appropriate Rates and Premium: • Regular Program • Flood Zone: AO • Occupancy: Non-Residential • # of Floors: 2 Floors • Basement/Enclosure: None • Deductible: $5,000/$5,000 • Deductible Factor: .870 • Contents Location: Above Ground Level and Higher Floors • Date of Construction: Post-FIRM • Elevation Difference: -1 • Flood Proofed Yes/No: No • Building Coverage: $500,000 • Contents Coverage: $500,000 • ICC Premium: $4 • CRS Rating: 5 • CRS Discount: N/A Determined Rates: Building: 1.01/.36 Contents: 1.97/.31 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 150,000 1.01 1,515 350,000 .36 1,260 -361 500,000 2,414 CONTENTS 130,000 1.97 2,561 370,000 .31 1,147 -482 500,000 3,226 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 5,640 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM 4 . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 5,644 . MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT % . . PROVISIONAL RATING SUBTOTAL 5,644 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND PROBATION SURCHARGE . THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER FEDERAL POLICY FEE 35 APPLICABLE FEDERAL LAW. SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 5,679 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $2,775 / Contents: $3,708 2. Apply Deductible Factor: Building: .870 x $2,775 = $2,414 / Contents: .870 x $3,708 = $3,226 3. Premium Reduction: Building: $2,775 - $2,414 = $361 / Contents: $3,708 - $3,226 = $482 4. Subtotal: $5,640 5. Add ICC Premium: $4 6. Subtract CRS Discount: N/A 7. Subtotal: $5,644 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $35 10. Total Prepaid Amount: $5,679 RATE 58 May 1, 2008 EXAMPLE 10 REGULAR PROGRAM, POST-FIRM, ELEVATION RATED, $500/$500 DEDUCTIBLE OPTION, ZONE AO (WITH CERTIFICATION OF COMPLIANCE) Data Essential To Determine Appropriate Rates and Premium: • Regular Program • Flood Zone: AO (With Certification of Compliance) • Occupancy: Single-Family Dwelling • # of Floors: 2 Floors • Basement/Enclosure: None • Deductible: $500/$500 • Deductible Factor: 1.000 • Contents Location: Above Ground Level and Higher Floors • Date of Construction: Post-FIRM • Elevation Difference: +1 • Flood Proofed Yes/No: No • Building Coverage: $250,000 • Contents Coverage: $100,000 • ICC Premium: $4 • CRS Rating: N/A • CRS Discount: N/A Determined Rates: Building: .28/.08 Contents: .37/.13 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 50,000 .28 140 200,000 .08 160 0 250,000 300 CONTENTS 20,000 .37 74 80,000 .13 104 0 100,000 178 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 478 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM 4 . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 482 . MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT % — . PROVISIONAL RATING SUBTOTAL 482 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND PROBATION SURCHARGE — THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER FEDERAL POLICY FEE 35 APPLICABLE FEDERAL LAW. SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 517 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $300 / Contents: $178 2. Apply Deductible Factor: Building: 1.000 x $300 = $300 / Contents: 1.000 x $178 = $178 3. Premium Reduction: Building: $0 / Contents: = $0 4. Subtotal: $478 5. Add ICC Premium: $4 6. Subtract CRS Discount: N/A 7. Subtotal: $482 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $35 10. Total Prepaid Amount: $517 RATE 59 May 1, 2008 EXAMPLE 11 REGULAR PROGRAM, POST-FIRM, ELEVATION RATED, $3,000/$2,000 DEDUCTIBLE OPTION, ZONE AH Data Essential To Determine Appropriate Rates and Premium: • Regular Program • Flood Zone: AH • Occupancy: Single-Family Dwelling • # of Floors: 1 Floor • Basement/Enclosure: None • Deductible: $3,000/$2,000 • Deductible Factor: .85 • Contents Location: Lowest Floor Above Ground Level • Date of Construction: Post-FIRM • Elevation Difference: -1 • Flood Proofed Yes/No: No • Building Coverage: $250,000 • Contents Coverage: $25,000 • ICC Premium: $4 • CRS Rating: N/A • CRS Discount: N/A Determined Rates: Building: .93/.21 Contents: 1.17/.24 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 50,000 .93 465 200,000 .21 420 -133 250,000 752 CONTENTS 20,000 1.17 234 5,000 .24 12 -37 25,000 209 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 961 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM 4 . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 965 . MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT _____% — . PROVISIONAL RATING SUBTOTAL 965 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND PROBATION SURCHARGE — THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER FEDERAL POLICY FEE 35 APPLICABLE FEDERAL LAW. SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 1,000 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $885 / Contents: $246 2. Apply Deductible Factor: Building: .85 x $885 = $752 / Contents: .85 x $246 = $209 3. Premium Reduction: Building: $885 - $752 = $133 / Contents = $246 - $209 = $37 4. Subtotal: $961 5. Add ICC Premium: $4 6. Subtract CRS Discount: N/A 7. Subtotal: $965 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $35 10. Total Prepaid Amount: $1,000 RATE 60 May 1, 2008 EXAMPLE 12 REGULAR PROGRAM, POST-FIRM, ELEVATION RATED, $500/$500 DEDUCTIBLE OPTION, ZONE AH (WITH CERTIFICATION OF COMPLIANCE) Data Essential To Determine Appropriate Rates and Premium: • Regular Program • Flood Zone: AH (With Certification of Compliance) • Occupancy: 2-4 Family Dwelling • # of Floors: 2 Floors • Basement/Enclosure: None • Deductible: $500/$500 • Deductible Factor: 1.000 • Contents Location: Above Ground Level and Higher Floors • Date of Construction: Post-FIRM • Elevation Difference: +3 • Flood Proofed Yes/No: No • Building Coverage: $200,000 • Contents Coverage: $40,000 • ICC Premium: $4 • CRS Rating: N/A • CRS Discount: N/A Determined Rates: Building: .28/.08 Contents: .37/.13 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 50,000 .28 140 150,000 .08 120 0 200,000 260 CONTENTS 20,000 .37 74 20,000 .13 26 0 40,000 100 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 360 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM 4 . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 364 . MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT % — . PROVISIONAL RATING SUBTOTAL 364 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND PROBATION SURCHARGE — THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER FEDERAL POLICY FEE 35 APPLICABLE FEDERAL LAW. SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 399 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $260 / Contents: $100 2. Apply Deductible Factor: Building: 1.000 x $260 = $260 / Contents: 1.000 x $100 = $100 3. Premium Reduction: Building: $0 / Contents: $0 4. Subtotal: $360 5. Add ICC Premium: $4 6. Subtract CRS Discount: N/A 7. Subtotal: $364 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $35 10. Total Prepaid Amount: $399 RATE 61 May 1, 2008 EXAMPLE 13 REGULAR PROGRAM, POST-FIRM, ELEVATION RATED, $500/$500 DEDUCTIBLE OPTION, ZONE A (WITH ESTIMATED BFE) Data Essential To Determine Appropriate Rates and Premium: • Regular Program • Flood Zone: A • Occupancy: 2-4 Family Dwelling • # of Floors: 2 Floors • Basement/Enclosure: None • Deductible: $500/$500 • Deductible Factor: 1.000 • Contents Location: Above Ground Level and Higher Floors • Date of Construction: Post-FIRM • Elevation Difference: +6 (with Estimated BFE) • Flood Proofed Yes/No: No • Building Coverage: $140,000 • Contents Coverage: $70,000 • ICC Premium: $6 • CRS Rating: N/A • CRS Discount: N/A Determined Rates: Building: .41/.08 Contents: .51/.12 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 50,000 .41 205 90,000 .08 72 0 140,000 277 CONTENTS 20,000 .51 102 50,000 .12 60 0 70,000 162 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 439 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM 6 . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 445 . MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT % — . PROVISIONAL RATING SUBTOTAL 445 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND PROBATION SURCHARGE — THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER FEDERAL POLICY FEE 35 APPLICABLE FEDERAL LAW. SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 480 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $277 / Contents: $162 2. Apply Deductible Factor: Building: 1.000 x $277 = $277 / Contents: 1.000 x $162 = $162 3. Premium Reduction: Building: $0 / Contents = $0 4. Subtotal: $439 5. Add ICC Premium: $6 6. Subtract CRS Discount: N/A 7. Subtotal: $445 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $35 10. Total Prepaid Amount: $480 RATE 62 May 1, 2008 EXAMPLE 14 REGULAR PROGRAM, POST-FIRM, ELEVATION RATED, $500/$500 DEDUCTIBLE OPTION, ZONE A (WITHOUT ESTIMATED BFE) Data Essential To Determine Appropriate Rates and Premium: • Regular Program • Flood Zone: A • Occupancy: Single-Family Dwelling • # of Floors: 2 Floors • Basement/Enclosure: None • Deductible: $500/$500 • Deductible Factor: 1.000 • Contents Location: Lowest Floor Above Ground Level and Higher Floors • Date of Construction: Post-FIRM • Elevation Difference: +5 (without Estimated BFE) • Flood Proofed Yes/No: No • Building Coverage: $135,000 • Contents Coverage: $60,000 • ICC Premium: $4 • CRS Rating: N/A • CRS Discount: N/A Determined Rates: Building: .36/.10 Contents: .62/.12 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 50,000 .36 180 85,000 .10 85 0 135,000 265 CONTENTS 20,000 .62 124 40,000 .12 48 0 60,000 172 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 437 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM 6 . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 443 . MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT % — . PROVISIONAL RATING SUBTOTAL 443 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND PROBATION SURCHARGE — THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER FEDERAL POLICY FEE 35 APPLICABLE FEDERAL LAW. SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 478 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $265 / Contents: $172 2. Apply Deductible Factor: Building: 1.000 x $265 = $265 / Contents: 1.000 x $172 = $172 3. Premium Reduction: Building: $0 / Contents: $0 4. Subtotal: $437 5. Add ICC Premium: $6 6. Subtract CRS Discount: N/A 7. Subtotal: $443 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $35 10. Total Prepaid Amount: $478 RATE 63 May 1, 2008 CONDOMINIUMS Important Notice to Agents: Boards of Directors of condominium associations typically are responsible under their by-laws for maintaining all forms of property insurance necessary to protect the common property of the association against all hazards to which that property is exposed for the insurable value/replacement cost of those common elements. This responsibility would typically include providing adequate flood insurance protection for all common property located in Special Flood Hazard Areas. Such by-law requirements could make the individual members of the boards of directors of such associations personally liable for insurance errors or omissions, including those relating to flood insurance. I. METHODS OF INSURING CONDOMINIUMS There are five methods of insuring condominiums under the National Flood Insurance Program (NFIP). Each method has its own eligibility requirements for condominium type. A. Residential Condominium: Association Coverage on Building and Contents A condominium association is the corporate entity responsible for the management and operation of a condominium. Membership is made up of the condominium unit owners. A condominium association may purchase insurance coverage on a residential building and its contents under the Residential Condominium Building Association Policy (RCBAP). The RCBAP covers only a residential condominium building in a Regular Program community. If the named insured is listed as other than a condominium association, the agent must provide legal documentation to confirm that the insured is a condominium association. B. Residential Condominium: Unit Owner’s Coverage on Building and Contents A condominium unit in a townhouse, rowhouse, high-rise or low-rise building is considered to be a single family residence. An individual dwelling unit in a condominium building may be insured in any one of three ways: • An individual unit and its contents may be separately insured under the Dwelling Form, in the name of the unit owner, at the limits of insurance for a single family dwelling. • An individual unit may be separately insured under the Dwelling Form, if purchased by the association in the name of the "owner of record unit number (#) and (name of) Association as their interests may appear," up to the limits of insurance for a single family dwelling. • An individual unit owned by the association may be separately insured under the Dwelling Form, if purchased by the condominium association. The single family limits of insurance apply. A policy on a condominium unit will be issued naming the unit owner and the association, as their interests may appear. Coverage under a unit owner's policy applies first to the individually owned building elements and improvements to the unit and then to the damage of the building's common elements that are the unit owner's responsibility. In the event of a loss, the claim payment to an individual unit owner may not exceed the maximum allowable in the Program. C. Other Residential Condominium: Condominium Association Policy, Association Coverage on Building and Contents The Condominium Association Program (CAP), under the General Property Form, is available to insure condominium buildings not eligible for the RCBAP. A CAP is written on the General Property Form in the name of the association. For policies after October 1, 1994, the CAP is to be used for all condominiums in the Emergency Program communities, and those condominiums in Regular Program communities that do not meet the requirement that 75 percent of the floor area of the building be residential. In all other cases, the Residential Condominium Building Association Policy must be sold. The CAP will cover building common elements as well as building elements (additions and alterations) within all units of the building. CONDO 1 May 1, 2008 In the event of a loss, building coverage under either association policy applies first to building common elements damage and then to damage to individually owned building elements, and the claim payment may not exceed the maximum allowable under the NFIP. D. Nonresidential (Commercial) Condominium: Building and Contents Nonresidential (commercial) condominium buildings and their commonly owned contents may be insured in the name of the Association under the General Property Form. The "Nonresidential" limits apply. E. Nonresidential (Commercial) Condominium: Unit Owner's Coverage (Contents) The owner of a nonresidential condominium unit may purchase only contents coverage for that unit. Building coverage may not be purchased in the name of the unit owner. In the event of a loss, up to 10 percent of the stated amount of contents coverage can be applied to losses to condominium interior walls, floors, and ceilings. The 10 percent is not an additional amount of insurance. CONDO 2 May 1, 2008 TABLE 1. CONDOMINIUM UNDERWRITING GUIDELINES POLICY POLICY INSURED PROPERTY ELIGIBILITY REPLACEMENT ICC COVERAGE LIMITS ASSESSMENT FEDERAL TYPE FORM COVERED REQUIREMENTS COVERAGE COVERAGE POLICY FEE CONDO 3 May 1, 2008 RESIDENTIAL CONDOMINIUM BUILDING ASSOCIATION POLICY (RCBAP) RCBAP CONDOMINIUM ASSOCIATION AND INDIVIDUAL UNIT OWNERS CONDOMINIUM BUILDING INDIVIDUALLY OWNED BUILDING UNITS WITHIN THE BUILDING IMPROVEMENTS WITHIN UNIT ADDITIONS AND EXTENSIONS ATTACHED OR CONNECTED BY A COMMON WALL FIXTURES, MACHINERY AND EQUIPMENT WITHIN BUILDING MATERIALS AND SUPPLIES USED IN REPAIRING OR ALTERING THE BUILDING CONTENTS OWNED BY THE ASSOCIATION COMMUNITY MUST BE IN REGULAR PROGRAM RESIDENTIAL CONDO BUILDINGS WITH ONE OR MORE RESIDENTIAL UNITS AT LEAST 75% OF FLOOR AREA MUST BE RESIDENTIAL BUILDINGS INCLUDE TOWNHOUSES, ROWHOUSES, LOW-RISE, HIGH-RISE, AND SINGLE FAMILY CONDOMINIUM BUILDINGS YES YES MAXIMUM LIMITS: BUILDING REPLACEMENT COST, OR THE TOTAL NUMBER OF UNITS X $250,000, WHICHEVER IS LESS CONTENTS ACTUAL CASH VALUE (ACV) OF COMMONLY OWNED CONTENTS TO A MAXIMUM OF $100,000 PER BUILDING. NO # UNITS 1 – $35 2-4 – $70/POLICY 5-10 – $175/POLICY 11-20 – $385/POLICY 21 + – $735/POLICY CONDOMINIUM ASSOCIATION POLICY (CAP) GENERAL PROPERTY FORM CONDOMINIUM ASSOCIATION AND INDIVIDUAL UNIT OWNERS SAME AS ABOVE RESIDENTIAL CONDOMINIUM BUILDINGS THAT ARE UNINSURABLE UNDER A RCBAP EMERGENCY AND REGULAR PROGRAMS ARE ELIGIBLE NO YES EMERGENCY PROG. (ACV MAXIMUM LIMITS): BUILDING $100,000 CONTENTS $10,000 REGULAR PROGRAM (ACV MAXIMUM LIMITS): BUILDING $250,000 CONTENTS $100,000 NO $35.00 RESIDENTIAL UNIT OWNERS DWELLING FORM CONDOMINIUM ASSOCIATION AND/OR INDIVIDUAL UNIT OWNERS INDIVIDUALLY OWNED BUILDING ELEMENTS IN UNIT COMMON BUILDING ELEMENTS INDIVIDUALLY OWNED CONTENTS ALL RESIDENTIAL CONDOMINIUM UNITS EMERGENCY AND REGULAR PROGRAMS ARE ELIGIBLE YES1 NO EMERGENCY PROG. (MAXIMUM LIMITS): BUILDING $35,000 CONTENTS $10,000 REGULAR PROGRAM (MAXIMUM LIMITS): BUILDING $250,000 CONTENTS $100,000 YES2 $35.00 NON RESIDENTIAL BUILDING & CONTENTS GENERAL PROPERTY FORM CONDOMINIUM ASSOCIATION AND INDIVIDUAL UNIT OWNERS NON-RESIDENTIAL COMMON BUILDING ELEMENTS AND THEIR CONTENTS CONTENTS OWNED BY ASSOCIATION NON-RESIDENTIAL CONDO UNITS BUILDING MUST BE NONRESIDENTIAL (COMMERCIAL) EMERGENCY AND REGULAR PROGRAMS ARE ELIGIBLE NO YES EMERGENCY PROG. (ACV MAXIMUM LIMITS): BUILDING $100,000 CONTENTS $100,000 REGULAR PROGRAM (ACV MAXIMUM LIMITS): BUILDING $500,000 CONTENTS $500,000 NO $35.00 NON RESIDENTIAL UNIT OWNERS GENERAL PROPERTY FORM INDIVIDUAL UNIT OWNERS NON-RESIDENTIAL CONDO UNITS (ONLY CONTENTS ARE AVAILABLE) COMMERCIAL CONTENTS ONLY EMERGENCY AND REGULAR PROGRAMS ARE ELIGIBLE NO NO EMERGENCY PROG.: $100,000 MAXIMUM REGULAR PROGRAM: $500,000 MAXIMUM NO $35.00 Footnote: These are basic guidelines for condominium associations and unit owners. Please refer to appropriate section of the Flood Insurance Manual for specific details. 1Subject to replacement cost provisions in policy. 2ICC coverage does not apply to the Emergency Program, individually owned condominium units insured under Dwelling or General Property Forms, Contents-only Policies, and Group Flood Insurance Policies. TABLE 2. CONDOMINIUM RATING CHART LOW-RISE RESIDENTIAL CONDOMINIUMS SINGLE UNIT BUILDING OR TOWNHOUSE/ROWHOUSE TYPE.BUILDING WITH SEPARATE ENTRANCE FOR EACH UNIT CONDO 4 May 1, 2008 PURCHASER OF POLICY Building Occupancy1 Building Indicator1 Contents Indicator2 Limits of Coverage Type of Coverage Rate Table3 Policy Form4 UNIT OWNER SINGLE FAMILY SINGLE UNIT HOUSEHOLD BUILDING.$250,000 CONTENTS.$100,000 RC5 SINGLE FAMILY DWELLING ASSOCIATION (SINGLE UNIT ONLY) SINGLE FAMILY SINGLE UNIT HOUSEHOLD BUILDING.$250,000 CONTENTS.$100,000 RC5 SINGLE FAMILY DWELLING ASSOCIATION (ENTIRE BUILDING) DETERMINED BY THE NUMBER OF UNITS , I.E., SINGLE FAMILY, 2-4 FAMILY, OTHER RESIDENTIAL LOW-RISE HOUSEHOLD BUILDING.THE TOTAL NUMBER OF UNITS X $250,000 CONTENTS.$100,000 RC RCBAP LOW-RISE RCBAP MULTI-UNIT BUILDING.2 TO 4 UNITS PER BUILDING.REGARDLESS OF NUMBER OF FLOORS (NON-TOWNHOUSE) PURCHASER OF POLICY Building Occupancy1 Building Indicator1 Contents Indicator2 Limits of Coverage Type of Coverage Rate Table3 Policy Form4 UNIT OWNER 2-4 SINGLE UNIT HOUSEHOLD BUILDING.$250,000 CONTENTS.$100,000 RC5 SINGLE FAMILY FOR BUILDING; 2-4 FAMILY FOR CONTENTS DWELLING ASSOCIATION (SINGLE UNIT ONLY) 2-4 SINGLE UNIT HOUSEHOLD BUILDING.$250,000 CONTENTS.$100,000 RC5 SINGLE FAMILY FOR BUILDING; 2-4 FAMILY FOR CONTENTS DWELLING ASSOCIATION (ENTIRE BUILDING) 2-4 LOW-RISE HOUSEHOLD BUILDING.THE TOTAL NUMBER OF UNITS X $250,000 CONTENTS.$100,000 RC RCBAP LOW-RISE RCBAP MULTI-UNIT BUILDING.5 OR MORE UNITS PER BUILDING.LESS THAN THREE FLOORS PURCHASER OF POLICY Building Occupancy1 Building Indicator1 Contents Indicator2 Limits of Coverage Type of Coverage Rate Table3 Policy Form4 UNIT OWNER OTHER RESIDENTIAL SINGLE UNIT HOUSEHOLD BUILDING.$250,000 CONTENTS.$100,000 RC5 SINGLE FAMILY FOR BUILDING; OTHER RESIDENTIAL FOR CONTENTS DWELLING ASSOCIATION (SINGLE UNIT ONLY) OTHER RESIDENTIAL SINGLE UNIT HOUSEHOLD BUILDING.$250,000 CONTENTS.$100,000 RC5 SINGLE FAMILY FOR BUILDING; OTHER RESIDENTIAL FOR CONTENTS DWELLING ASSOCIATION (ENTIRE BUILDING) OTHER RESIDENTIAL LOW-RISE HOUSEHOLD BUILDING.THE TOTAL NUMBER OF UNITS X $250,000 CONTENTS.$100,000 RC RCBAP LOW-RISE RCBAP 1When there is a mixture of residential and commercial usage within a single building, please refer to the GR Section of the Flood Insurance Manual. 2In determining the contents indicator for “other than household contents,” please refer to the RATE Section of the Flood Insurance Manual. 3All building rates are based on the lowest floor of the building. 4RCBAP must be used to insure residential condominium buildings owned by the association that are in a Regular Program community and in which at least 75% of the total floor area within the building is residential. Use General Property Form if ineligible under RCBAP. 5Replacement Cost if the RC eligibility requirements are met (building only). TABLE 2. CONDOMINIUM RATING CHART (Cont’d) HIGH-RISE RESIDENTIAL CONDOMINIUMS MULTI-UNIT BUILDING.5 OR MORE UNITS PER BUILDING.THREE OR MORE FLOORS6 CONDO 5 May 1, 2008 PURCHASER OF POLICY Building Occupancy1 Building Indicator1 Contents Indicator2 Limits of Coverage Type of Coverage Rate Table3 Policy Form4 UNIT OWNER OTHER RESIDENTIAL SINGLE UNIT HOUSEHOLD BUILDING.$250,000 CONTENTS.$100,000 RC5 SINGLE FAMILY FOR BUILDING; OTHER RESIDENTIAL FOR CONTENTS DWELLING ASSOCIATION (SINGLE UNIT ONLY) OTHER RESIDENTIAL SINGLE UNIT HOUSEHOLD BUILDING.$250,000 CONTENTS.$100,000 RC5 SINGLE FAMILY FOR BUILDING; OTHER RESIDENTIAL FOR CONTENTS DWELLING ASSOCIATION (ENTIRE BUILDING) OTHER RESIDENTIAL HIGH-RISE HOUSEHOLD BUILDING.THE TOTAL NUMBER OF UNITS X $250,000 CONTENTS.$100,000 RC RCBAP HIGH-RISE RCBAP NON-RESIDENTIAL CONDOMINIUMS PURCHASER OF POLICY Building Occupancy1 Building Indicator1 Contents Indicator2 Limits of Coverage Type of Coverage Rate Table3 Policy Form4 UNIT OWNER NON-RESIDENTIAL SINGLE UNIT (BUILDING COVERAGE NOT AVAILABLE) BUSINESS EMERGENCY.$100,000 REGULAR.$500,000 CONTENTS ONLY ACV NON-RESIDENTIAL GENERAL PROPERTY ASSOCIATION NON-RESIDENTIAL LOW-RISE BUSINESS BUILDING. EMERGENCY.$100,000 REGULAR.$500,000 ACV NON-RESIDENTIAL GENERAL PROPERTY CONTENTS. EMERGENCY.$100,000 REGULAR.$500,000 1When there is a mixture of residential and commercial usage within a single building, please refer to the GR Section of the Flood Insurance Manual. 2In determining the contents indicator for “other than household contents,” please refer to the RATE Section of the Flood Insurance Manual. 3All building rates are based on the lowest floor of the building. 4RCBAP must be used to insure residential condominium buildings owned by the association that are in a Regular Program community and in which at least 75% of the total floor area within the building is residential. Use General Property Form if ineligible under RCBAP. 5Replacement Cost if the RC eligibility requirements are met (building only). 6Enclosure, even if it is the lowest floor for rating, cannot be counted as a floor for the purpose of classifying the building as a high rise. RESIDENTIAL CONDOMINIUM BUILDING ASSOCIATION POLICY II. POLICY FORM The policy form used for the residential condominium buildings owned by a condominium association is the Residential Condominium Building Association Policy (RCBAP). III. ELIGIBILITY REQUIREMENTS A. General Building Eligibility The RCBAP is required for all buildings owned by a condominium association containing one or more residential units and in which at least 75 percent of the total floor area within the building is residential without regard to the number of units or number of floors. This will include townhouse/rowhouse and detached single family condominium buildings. The RCBAP is available for all high-rise and low-rise residential condominium buildings in the Regular Program only. Residential condominium buildings that are being used as a hotel or motel, or are being rented (either short- or long-term), must be insured on the RCBAP. Only buildings having a condominium form of ownership are eligible for the RCBAP. If the named insured is listed as other than a condominium association, the agent must provide legal documentation to confirm that the insured is a condominium association. Cooperative ownership buildings are not eligible. Timeshare buildings having condominium form of ownership in jurisdictions where title is vested in individual unit owners are eligible provided all other criteria are met. If, during a policy term, the risk fails to meet the eligibility requirements, it will be ineligible for renewal as an RCBAP. The NFIP has grouped condominium buildings into two different types, low- and high-rise, because of the difference in the exposures to the risk that typically exists. Low-rise buildings generally have a greater percentage of the value of the building at risk than high-rise buildings, thus requiring higher premiums for the first dollars of coverage. The availability of the optional deductibles for the low-rise buildings, however, allows the association to buy back some of the risk, thereby reducing the overall cost of the coverage. For rating purposes: • High-rise buildings contain five or more units and at least three floors excluding enclosure, even if it is the lowest floor for rating. • Low-rise buildings have less than five units regardless of the number of floors, or five or more units with less than three floors, including the basement. • Townhouse/rowhouse buildings are always considered as low-rise buildings for rating purposes, no matter how many units or floors they have. See the Definitions section for a complete definition of high-rise and low-rise buildings. The individual unit owners continue to have an option to purchase an SFIP Dwelling Form. B. Condominium Building in the Course of Construction The NFIP rules allow the issuance of an SFIP to cover a building in the course of construction before the building is walled and roofed. These rules provide lenders an option to require flood insurance coverage at the time that the development loan is made to comply with the mandatory purchase requirement outlined in the Flood Disaster Protection Act of 1973, as amended. The policy is issued and rated based on the construction designs and intended use of the building. In order for a condominium building in the course of construction to be eligible under the RCBAP form, the building must be owned by a condominium association, which the NFIP defines as the entity made up of the unit owners responsible for the maintenance and operation of: 1. common elements owned in undivided shares by unit owners; and 2. other real property in which the unit owners have use rights; where membership in the entity is a required condition of unit ownership. As noted on page GR 4, buildings in the course of construction that have yet to be walled and roofed are eligible for coverage except when construction has been halted for more than 90 days and/or if the lowest floor used for rating purposes is below the Base Flood Elevation (BFE). Materials or supplies intended for use in such construction, alteration, or repair are not insurable unless they are contained within an enclosed building on the premises or adjacent to the premises. IV. COVERAGE A. Property Covered The entire building is covered under one policy, including both the common as well as individually owned building elements within the units, CONDO 6 May 1, 2008 improvements within the units, and contents owned in common. Contents owned by individual unit owners should be insured under an individual unit owner's Dwelling Form. B. Coverage Limits Building coverage purchased under the RCBAP will be on a Replacement Cost basis. The maximum amount of building coverage that can be purchased on a high-rise or low-rise condominium is the Replacement Cost Value of the building or the total number of units in the condominium building times $250,000, whichever is less. The maximum allowable contents coverage is the Actual Cash Value of the commonly owned contents up to a maximum of $100,000 per building. Basic Limit Amount: • The building basic limit amount of insurance for a detached building housing a single family unit owned by the condominium association is $50,000. • For residential townhouse/rowhouse and low- rise condominiums, the building basic limit amount of insurance is $50,000 multiplied by the number of units in the building. • For high-rise condominiums, the building basic amount of insurance is $150,000. • The contents basic limit amount of insurance is $20,000. • For condominium unit owners who have insured their personal property under the Dwelling Form or General Property Form, coverage extends to interior walls, floor, and ceiling (if not covered under the condominium association’s insurance) up to 10 percent of the personal property limit of liability. Use of this coverage is at the option of the insured and reduces the personal property limit of liability. C. Replacement Cost As stated above in “B. Coverage Limits,” the RCBAP’s building coverage is on a Replacement Cost valuation basis. Replacement Cost Value means the cost to replace property with the same kind of material and construction without deduction for depreciation. A condominium unit owner’s Dwelling Form policy provides Replacement Cost coverage on the building if eligibility requirements are met. D. Coinsurance The RCBAP’s coinsurance penalty is applied to building coverage only. To the extent that the insured has not purchased insurance in an amount equal to the lesser of 80 percent or more of the full replacement cost of the building at the time of loss or the maximum amount of insurance under the NFIP, the insured will not be reimbursed fully for a loss. Building coverage purchased under individual Dwelling Forms cannot be added to RCBAP coverage in order to avoid the coinsurance penalty. The amount of loss in this case will be determined by using the following formula: Insurance Carried X Amount of Loss = Limit of Recovery Insurance Required Where the penalty applies, building loss under the RCBAP will be adjusted based on the Replacement Cost Coverage with a coinsurance penalty. Building loss under the Dwelling Form will be adjusted on an Actual Cash Value (ACV) basis if the Replacement Cost provision is not met. The cost of bringing the building into compliance with local codes (law and ordinance) is not included in the calculation of replacement cost. E. Assessment Coverage The RCBAP does not provide assessment coverage. Assessment coverage is available only under the Dwelling Form subject to the conditions and exclusions found in Section III. Property Covered, Coverage C, paragraph 3 – Condominium Loss Assessments. The Dwelling Form will respond, up to the building coverage limit, to assessments against unit owners for damages to common areas of any building owned by the condominium association, even if the building is not insured, provided that: (1) each of the unit owners comprising the membership of the association is assessed by reason of the same cause; and (2) the assessment arises out of a direct physical loss by or from flood to the condominium building at the time of the loss. Assessment coverage has a maximum combined total limit of $250,000 times the number of units. This combined total limit covers loss to the unit and any assessment by the association. Assessment coverage cannot be used to meet the 80-percent coinsurance provision of the RCBAP, and does not apply to ICC coverage or to coverage for closed basin lakes. For more information on this topic, see “E. Loss Assessments” on page GR 11 and Section III. C.3. of the Dwelling Form, “Condominium Loss Assessments,” on page POL 8. CONDO 7 May 1, 2008 V. DEDUCTIBLES AND FEES A. Deductibles The loss deductible shall apply separately to each building and personal property covered loss including any appurtenant structure loss. The Standard Deductible is $1,000 for a residential condominium building, located in a Regular Program Community in Special Flood Hazard Areas, i.e., Zones A, AO, AH, A1-A30, AE, AR, AR dual zones (AR/AE, AR/AH, AR/AO, AR/A1-A30, AR/A), V, V1-V30, or VE, where the rates available for buildings built before the effective date of the initial Flood Insurance Rate Map (FIRM), Pre- FIRM rates, are used to compute the premium. For all policies rated other than those described above, e.g., those rated as Post-FIRM and those rated in Zones A99, B, C, D, or X, the Standard Deductible is $500. Optional deductible amounts are available under the RCBAP. B. Federal Policy Fee The Federal Policy Fees for the RCBAP are: 1 unit -$ 35.00 per policy 2-4 units -$ 70.00 per policy 5-10 units -$ 175.00 per policy 11-20 units -$ 385.00 per policy 21 or more -$ 735.00 per policy VI. TENTATIVE RATES AND SCHEDULED BUILDINGS Tentative Rates cannot be applied to the RCBAP. The Scheduled Building Policy is not available for the RCBAP. VII. COMMISSIONS (DIRECT BUSINESS ONLY) The commission, 15 percent, will be reduced to 5 percent on only that portion of the premium that exceeds the figure resulting from multiplying the total number of units times $2,000. VIII. CANCELLATION OR ENDORSEMENT OF UNIT OWNERS' DWELLING POLICIES Unit owner’s Dwelling Policies may be cancelled mid-term for the reasons mentioned in the Cancellation/Nullification section of the manual. To cancel building coverage while retaining contents coverage on a unit owner's policy, submit a General Change Endorsement form. In the event of a cancellation: • The commission on a unit owner's policy will be retained, in full, by the producer, • The Federal Policy Fee and Probation Surcharge will be refunded on a pro rata basis, and • The premium refund will be calculated on a pro rata basis. An existing Dwelling Policy or RCBAP may be endorsed to increase amounts of coverage in accordance with Endorsement rules. They may not be endorsed mid-term to reduce coverage. IX. APPLICATION FORM The producer should complete the entire Flood Insurance Application according to the directions in the Application section of this manual and attach two new photographs of the building, one of which clearly shows the location of the lowest floor used for rating the risk. A. Type of Building For an RCBAP, the “Building” section of the Flood Insurance Application must indicate the total number of units in the building and whether the building is a high rise or low rise. High-rise (vertical) condominium buildings are defined as containing at least five units, and having at least three floors. Note that an enclosure below an elevated floor building, even if it is the lowest floor for rating purposes, cannot be counted as a floor to classify the building as a high-rise condominium building. Low-rise condominium buildings are defined as having less than five units and/or less than three floors. In addition, low-rise also includes all townhouses/rowhouses regardless of the number of floors or units, and all detached single family buildings. For a Dwelling Form used to insure a condominium unit, or for a Condominium Association Policy, see the Application section of this manual. B. Replacement Cost Value For an RCBAP, use normal company practice to estimate the Replacement Cost Value (RCV) and enter the value in the “Building” section of the Application. Include the cost of the building foundation when determining the RCV. Attach the appropriate valuation to the Application. Acceptable documentation of a building's RCV is a recent property inspection report that states the building's value on an RCV basis. The cost of the building's foundation must be included in determining the RCV. The cost of bringing the building into compliance with local codes (law and ordinance) is not to be included in the calculation of the building's replacement cost. To maintain CONDO 8 May 1, 2008 reasonable accuracy of the RCV for the building, the agent must update this information at least every 3 years. C. Coverage Ensure that the “Coverage and Rating” section of the Application accurately reflects the desired amount of building and contents coverage. If only building insurance is to be purchased, inform the applicant of the availability of contents insurance for contents that are commonly owned. It is recommended that the applicant initial the contents coverage section if no contents insurance is requested. (This will make the applicant aware that the policy will not provide payment for contents losses.) 1. Building Enter the amount of insurance for building, Basic and Additional Limits. Enter full Basic Limits before entering any Additional Limits. The building Basic Limit amount of insurance for high-rise condominium buildings is up to a maximum of $150,000. The building Basic Limit amount of insurance for low-rise condominium buildings is $50,000 multiplied by the number of units in the building. The total amount of coverage desired on the entire building must not exceed $250,000 (Regular Program limit) times the total number of units (residential and nonresidential) in the building. 2. Contents Since the Program type must be Regular, enter the amount of insurance for contents, Basic and Additional Limits. Enter full Basic Limits before any Additional Limits. Contents coverage is only for those contents items that are commonly owned. For the Basic Limits amount of insurance, up to a maximum of $20,000 may be filled in. For the Additional Limits, up to a total of $80,000 may be filled in. The total amount of insurance available for contents coverage cannot exceed $100,000. D. Rates and Fees 1. To determine rates, see the RCBAP Rate Tables on the following pages. Enter the rate for building and for contents and compute the annual premium. If an optional deductible has been selected for building and/or contents, see page CONDO 22. 2. Enter the total premium for building and contents, adjusted for any premium change because of an optional deductible being selected. The total premium will be calculated as if the building were one unit. 3. Add the total premium for building and contents and enter the Annual Subtotal. 4. Add the ICC premium. 5. Calculate the CRS discount, if applicable. 6. Subtract the CRS discount, if applicable. 7. Add the $50.00 Probation Surcharge, if applicable. 8. Add the Federal Policy Fee to determine the Total Prepaid Amount. CONDO 9 May 1, 2008 TABLE 3A. RCBAP HIGH-RISE CONDOMINIUM RATES ANNUAL RATES PER $100 OF COVERAGE (Basic/Additional) BUILDING BUILDING TYPE REGULAR PROGRAM PRE-FIRM1 REGULAR PROGRAM POST-FIRM A, A1-A30, AE, AO, AH, D V, VE A99, B, C, X A99, B, C, X D No Basement/Enclosure .85/.19 1.08/.46 1.06/.05 1.06/.05 1.16/.24 With Basement .90/.27 1.15/.99 1.29/.07 1.29/.07 SUBMIT FOR RATEWith Enclosure .90/.19 1.15/.48 1.12/.05 1.12/.05 CONTENTS CONTENTS LOCATION REGULAR PROGRAM PRE-FIRM1 REGULAR PROGRAM POST-FIRM A, A1-A30, AE, AO, AH, D V, VE A99, B, C, X A99, B, C, X D Basement and above .96/.81 1.23/2.04 1.53/.56 1.53/.56 SUBMIT FOR RATEEnclosure and above .96/.97 1.23/2.43 1.53/.65 1.53/.65 Lowest floor only- above ground level .96/.97 1.23/2.43 1.20/.59 1.20/.59 1.11/.70 Lowest floor above ground level and higher floors .96/.67 1.23/2.13 1.20./.34 1.20/.34 1.11/.48 Above ground level more than 1 full floor .35/.12 .47/.29 .35/.12 .35/.12 .35/.12 BUILDING—A1-A30, AE · POST-FIRM ELEVATION 3 OR MORE FLOORS NO BASEMENT/ENCLOSURE 3 OR MORE FLOORS WITH BASEMENT/ENCLOSURE +4 .33/.03 .33/.03 +3 .35/.03 .34/.03 +2 .40/.03 .36/.03 +1 .72/.04 .53/.04 0 1.28/.05 1.15/.05 -12 5.26/.15 2.98/.12 -2 S U B M I T F O R R A T E CONTENTS—A1-A30, AE · POST-FIRM ELEVATION LOWEST FLOOR ONLY- ABOVE GROUND LEVEL (NO BSMNT./ENCL.) LOWEST FLOOR ABOVE GROUND LEVEL AND HIGHER (NO BSMNT./ENCL.) BASEMENT/ ENCLOSURE AND ABOVE ABOVE GROUND LEVEL - MORE THAN ONE FULL FLOOR +4 .38/.12 .38/.12 .38/.12 .35/.12 +3 .38/.12 .38/.12 .38/.12 .35/.12 +2 .38/.12 .38/.12 .38/.12 .35/.12 +1 .52/.12 .38/.12 .38/.12 .35/.12 0 1.24/.12 .69/.12 .41/.12 .35/.12 -12 3.74/.75 2.11/.58 .60/.14 .35/.12 -2 S U B M I T F O R R A T E .35/.12 1Start of construction or substantial improvement on or before 12/31/74, or before the effective date of the initial Flood Insurance Rate Map (FIRM). If FIRM Zone is unknown, use rates for Zones A, AE, AO, AH, D. 2Use Submit-for-Rate guidelines if either the enclosure below the lowest elevated floor of an elevated building or the crawl space (under-floor space) that has its interior floor within 2 feet below grade on all sides, which is used for rating, is 1 or more feet below BFE. CONDO 10 May 1, 2008 TABLE 3B. RCBAP HIGH-RISE CONDOMINIUM RATES ANNUAL RATES PER $100 OF COVERAGE (Basic/Additional) AO, AH POST-FIRM NO BASEMENT/ENCLOSURE BUILDINGS1 BUILDING CONTENTS WITH CERTIFICATION OF COMPLIANCE2 .44/.04 .38/.13 WITHOUT CERTIFICATION OF COMPLIANCE OR WITHOUT ELEVATION CERTIFICATE3 .99/.08 1.18/.24 POST-FIRM UNNUMBERED A-ZONE - WITHOUT BASEMENT/ENCLOSURE1 ELEVATION DIFFERENCE TO NEAREST FOOT BUILDING CONTENTS4 TYPE OF ELEVATION CERTIFICATE +5 OR MORE .81/.05 .62/.12 NO ESTIMATED BASE FLOOD ELEVATION5 +2 TO +4 1.41/.06 .87/.17 +1 2.31/.14 1.54/.57 0 OR BELOW *** *** +2 OR MORE .70/.04 .51/.12 WITH ESTIMATED BASE FLOOD ELEVATION6 0 TO +1 1.24/.06 .85/.16 -1 5.19/.17 2.46/.74 -2 OR BELOW *** *** NO ELEVATION CERTIFICATE 6.60/1.27 3.36/1.00 NO ELEVATION CERTIFICATE 1Zones A, AO, or AH buildings with basement/enclosure--Submit for Rating. 2“With Certification of Compliance” rates are to be used when the Elevation Certificate shows that the lowest floor elevation is equal to or greater than the community’s elevation requirement. 3“Without Certification of Compliance” rates are to be used only on Post-FIRM structures without an Elevation Certificate or when the Elevation Certificate shows that the lowest floor elevation of a Post- FIRM structure is less than the community’s elevation requirement. 4For elevation rated policies, when contents are located one floor or more above lowest floor used for rating, use .35/.12.5NO ESTIMATED BASE FLOOD ELEVATION: Elevation difference is the measured distance between the lowest floor of the building and the highest adjacent grade next to the building. 6WITH ESTIMATED BASE FLOOD ELEVATION: Elevation difference is the measured distance between the lowest floor of the building and the estimated BFE provided by the community or registered professional engineer, surveyor, or architect. ***SUBMIT FOR RATING. CONDO 11 May 1, 2008 TABLE 3C. RCBAP HIGH-RISE CONDOMINIUM RATES ANNUAL RATES PER $100 OF COVERAGE (Basic/Additional) AR AND AR DUAL ZONES BUILDING PRE-FIRM1,2 AND POST-FIRM3 NOT ELEVATION-RATED BUILDING TYPE RATES No Basement/Enclosure 1.06/.05 With Basement 1.29/.07 With Enclosure 1.12/.05 CONTENTS PRE-FIRM1,2 AND POST-FIRM3 NOT ELEVATION-RATED CONTENTS LOCATION RATES Basement and above 1.53/.56 Enclosure and above 1.53/.65 Lowest floor only- above ground level 1.20/.59 Lowest floor above ground level and higher floors 1.20/.34 Above ground level more than 1 full floor .35/.12 BUILDING PRE-FIRM AND POST-FIRM ELEVATION-RATED ELEVATION 3 OR MORE FLOORS NO BASEMENT/ENCLOSURE 3 OR MORE FLOORS WITH BASEMENT/ENCLOSURE +4 .33/.03 .33/.03 +3 .35/.03 .34/.03 +2 .40/.03 .36/.03 +1 .72/.04 .53/.04 0 1.06/.05 1.15/.05 -14 See Footnote CONTENTS PRE-FIRM AND POST-FIRM ELEVATION-RATED ELEVATION LOWEST FLOOR ONLY- ABOVE GROUND LEVEL (NO BSMNT./ENCL.) LOWEST FLOOR ABOVE GROUND LEVEL AND HIGHER (NO BSMNT./ENCL.) BASEMENT/ ENCLOSURE AND ABOVE ABOVE GROUND LEVEL - MORE THAN ONE FULL FLOOR +4 .38/.12 .38/.12 .38/.12 .35/.12 +3 .38/.12 .38/.12 .38/.12 .35/.12 +2 .38/.12 .38/.12 .38/.12 .35/.12 +1 .52/.12 .38/.12 .38/.12 .35/.12 0 1.24/.12 .69/.12 .41/.12 .35/.12 -14 See Footnote 1Start of construction or substantial improvement on or before 12/31/74, or before the effective date of the initial Flood Insurance Rate Map (FIRM). 2Base deductible is $1,000. 3Base deductible is $500. 4Use Pre-FIRM AR and AR Dual Zones Rate Table above. CONDO 12 May 1, 2008 TABLE 3D. RCBAP HIGH-RISE CONDOMINIUM RATES ANNUAL RATES PER $100 OF COVERAGE (Basic/Additional) REGULAR PROGRAM -- 1975-19811 -- POST-FIRM CONSTRUCTION2 FIRM ZONES V1-V30, VE -- BUILDING RATES ELEVATION OF LOWEST FLOOR ABOVE OR BELOW BFE BUILDING TYPE 3 OR MORE FLOORS NO BASEMENT/ENCLOSURE 3 OR MORE FLOORS WITH BASEMENT/ENCLOSURE 03 2.70/.14 2.57/.14 -14 7.87/.56 4.14/.42 -2 *** *** 1975-1981 POST-FIRM CONSTRUCTION FIRM ZONES V1-V30, VE--CONTENTS RATES ELEVATION OF LOWEST FLOOR ABOVE OR BELOW BFE CONTENTS LOCATION LOWEST FLOOR ONLY-ABOVE GROUND LEVEL (NO BASEMENT/ ENCLOSURE) LOWEST FLOOR ABOVE GROUND LEVEL AND HIGHER FLOORS (NO BASEMENT/ENCLOSURE) BASEMENT/ ENCLOSURE AND ABOVE ABOVE GROUND LEVEL-MORE THAN ONE FULL FLOOR 03 3.96/.56 2.62/.62 1.47/.68 .55/.25 -14 8.81/4.27 5.20/3.30 1.73/.68 .55/.25 -2 *** *** *** *** 1Policies for 1975 through 1981 Post-FIRM and Pre-FIRM buildings in Zones VE and V1-V30 will be allowed to use the Post-’81 V Zone rate table if the rates are more favorable to the insured. See instructions on page RATE 23 for V Zone Optional Rating. 2For 1981 Post-FIRM construction rating, refer to pages CONDO 19-20. 3These rates are to be used if the lowest floor of the building is at or above the BFE. 4Use Submit-for-Rate guidelines if the enclosure below the lowest floor of an elevated building, which is used for rating, is 1 or more feet below BFE. ***SUBMIT FOR RATING. REGULAR PROGRAM 1975-1981 POST-FIRM CONSTRUCTION1 UNNUMBERED V ZONE--ELEVATED BUILDINGS SUBMIT FOR RATING CONDO 13 May 1, 2008 TABLE 4A. RCBAP LOW-RISE CONDOMINIUM RATES (Including Townhouse/Rowhouse) ANNUAL RATES PER $100 OF COVERAGE (Basic/Additional) REGULAR PROGRAM -- PRE-FIRM CONSTRUCTION RATES 1 F I R M Z O N E S: A, A1-A30, AE, AO, AH, D V, VE A99, B, C, X BUILDING CONTENTS BUILDING CONTENTS BUILDING CONTENTS BUILDING TYPE NO BASEMENT/ENCLOSURE .70/.52 .96/.97 .93/1.27 1.23/2.34 .74/.21 1.20/.37 WITH BASEMENT .75/.64 .96/.81 1.00/2.21 1.23/2.20 .81/.30 1.36/.46 WITH ENCLOSURE .75/.75 .96/.84 1.00/2.40 1.23/2.39 .81/.34 1.36/.54 REGULAR PROGRAM -- POST-FIRM CONSTRUCTION RATES F I R M Z O N E S: A99, B, C, X D BUILDING CONTENTS BUILDING CONTENTS BUILDING TYPE NO BASEMENT/ENCLOSURE .74/.21 1.20/.37 1.03/.39 1.11/.70 WITH BASEMENT .81/.30 1.36/.46 *** *** WITH ENCLOSURE .81/.34 1.36/.54 F I R M Z O N E S: AO, AH (NO BASEMENT/ENCLOSURE BUILDINGS ONLY)2 BUILDING CONTENTS WITH CERTIFICATION OF COMPLIANCE3 .21/.08 .38/.13 WITHOUT CERTIFICATION OF COMPLIANCE OR WITHOUT ELEVATION CERTIFICATE4 .86/.21 1.18/.24 1Start of construction or substantial improvement on or before 12/31/74, or before the effective date of the initial Flood Insurance Rate Map (FIRM). If FIRM Zone is unknown, use rates for Zones A, AE, AO, AH, D. 2Zones AO, AH BUILDINGS WITH BASEMENT: Submit for Rating. 3“With Certification of Compliance” rates are to be used when the Elevation Certificate shows that the lowest floor elevation is equal to or greater than the community’s elevation requirement. 4“Without Certification of Compliance” rates are to be used only on Post-FIRM structures without an Elevation Certificate or when the Elevation Certificate shows that the lowest floor elevation of a Post-FIRM structure is less than the community’s elevation requirement. ***SUBMIT FOR RATING. CONDO 14 May 1, 2008 TABLE 4B. RCBAP LOW-RISE CONDOMINIUM RATES (Including Townhouse/Rowhouse) ANNUAL RATES PER $100 OF COVERAGE (Basic/Additional) REGULAR PROGRAM -- POST-FIRM CONSTRUCTION FIRM ZONES A1-A30, AE -- BUILDING RATES ELEVATION OF LOWEST FLOOR ABOVE OR BELOW BFE1 BUILDING TYPE ONE FLOOR NO BASEMENT/ENCLOSURE MORE THAN ONE FLOOR NO BASEMENT/ENCLOSURE MORE THAN ONE FLOOR WITH BASEMENT/ENCLOSURE +4 .18/.08 .18/.08 .18/.08 +3 .18/.08 .18/.08 .18/.08 +2 .27/.08 .18/.08 .18/.08 +1 .49/.08 .28/.08 .23/.08 0 1.08/.09 .71/.09 .55/.09 -12 2.88/.84 2.15/.77 1.25/.52 -2 *** *** *** FIRM ZONES A1-A30, AE -- CONTENTS RATES ELEVATION OF LOWEST FLOOR ABOVE OR BELOW BFE1 CONTENTS LOCATION LOWEST FLOOR ONLY - ABOVE GROUND LEVEL (NO BASEMENT/ENCLOSURE) LOWEST FLOOR ABOVE GROUND LEVEL AND HIGHER FLOORS (NO BASEMENT/ENCLOSURE) BASEMENT/ENCLOSURE AND ABOVE ABOVE GROUND LEVEL- MORE THAN ONE FULL FLOOR +4 .38/.12 .38/.12 .38/.12 .35/.12 +3 .38/.12 .38/.12 .38/.12 .35/.12 +2 .38/.12 .38/.12 .38/.12 .35/.12 +1 .52/.12 .38/.12 .38/.12 .35/.12 0 1.24/.12 .69/.12 .41/.12 .35/.12 -12 3.74/.75 2.11/.58 .60/.14 .35/.12 -2 *** *** *** .35/.12 1If LF is -1 because of attached garage, submit application for special consideration; rate may be lower. 2Use Submit-for-Rate guidelines if the enclosure below the lowest floor of an elevated building or if the crawl space (under-floor space) that has its interior floor within 2 feet below grade on all sides, which is used for rating, is 1 or more feet below BFE. ***SUBMIT FOR RATING. CONDO 15 May 1, 2008 TABLE 4C. RCBAP LOW-RISE CONDOMINIUM RATES (Including Townhouse/Rowhouse) ANNUAL RATES PER $100 OF COVERAGE (Basic/Additional) UNNUMBERED ZONE A - WITHOUT BASEMENT/ENCLOSURE1 ELEVATION DIFFERENCE TO NEAREST FOOT BUILDING CONTENTS2 TYPE OF ELEVATION CERTIFICATE +5 OR MORE .33/.11 .62/.12 NO ESTIMATED BASE FLOOD ELEVATION3 +2 TO +4 .90/.13 .87/.17 +1 1.86/.67 1.54/.57 0 OR BELOW *** *** +2 OR MORE .31/.08 .51/.12 WITH ESTIMATED BASE FLOOD ELEVATION4 0 TO +1 .71/.11 .85/.16 -1 2.66/.84 2.46/.74 -2 OR BELOW *** *** NO ELEVATION CERTIFICATE5 3.37/1.45 3.36/1.00 NO ELEVATION CERTIFICATE 1Zone A building with basement (including crawl space below grade on all sides) or enclosure--Submit for Rating. 2For elevation rated policies, when contents are located one floor or more above lowest floor used for rating, use .35/.12.3NO ESTIMATED BASE FLOOD ELEVATION: Elevation difference is the measured distance between the lowest floor of the building and the highest adjacent grade next to the building. 4WITH ESTIMATED BASE FLOOD ELEVATION: Elevation difference is the measured distance between the lowest floor of the building and the estimated BFE provided by the community or registered professional engineer, surveyor, or architect. 5For building without basement or enclosure, Elevation Certificate is optional. ***SUBMIT FOR RATING. CONDO 16 May 1, 2008 TABLE 4D. RCBAP LOW-RISE CONDOMINIUM RATES (Including Townhouse/Rowhouse) ANNUAL RATES PER $100 OF COVERAGE (Basic/Additional) AR AND AR DUAL ZONES REGULAR PROGRAM – PRE-FIRM1,2 AND POST-FIRM3 NOT ELEVATION-RATED RATES BUILDING TYPE BUILDING CONTENTS NO BASEMENT .74/.21 1.20/.37 WITH BASEMENT .81/.30 1.36/.46 WITH ENCLOSURE .81/.34 1.36/.54 REGULAR PROGRAM –– PRE-FIRM AND POST-FIRM ELEVATION-RATED RATES BUILDING RATES ELEVATION OF LOWEST FLOOR ABOVE OR BELOW BFE BUILDING TYPE ONE FLOOR NO BASEMENT/ENCLOSURE MORE THAN ONE FLOOR NO BASEMENT/ENCLOSURE MORE THAN ONE FLOOR WITH BASEMENT/ENCLOSURE +4 .18/.08 .18/.08 .18/.08 +3 .18/.08 .18/.08 .18/.08 +2 .27/.08 .18/.08 .18/.08 +1 .49/.08 .28/.08 .23/.08 0 .74/.21 .71/.09 .55/.09 -14 See Footnote CONTENTS RATES ELEVATION OF LOWEST FLOOR ABOVE OR BELOW BFE CONTENTS LOCATION LOWEST FLOOR ONLY - ABOVE GROUND LEVEL (NO BASEMENT/ENCLOSURE) LOWEST FLOOR ABOVE GROUND LEVEL AND HIGHER FLOORS (NO BASEMENT/ENCLOSURE) BASEMENT/ENCLOSURE AND ABOVE ABOVE GROUND LEVEL- MORE THAN ONE FULL FLOOR +4 .38/.12 .38/.12 .38/.12 .35/.12 +3 .38/.12 .38/.12 .38/.12 .35/.12 +2 .38/.12 .38/.12 .38/.12 .35/.12 +1 .52/.12 .38/.12 .38/.12 .35/.12 0 1.24/.12 .69/.12 .41/.12 .35/.12 -14 See Footnote 1Start of construction or substantial improvement on or before 12/31/74, or before the effective date of the initial Flood Insurance Rate Map (FIRM). 2Base deductible is $1,000. 3Base deductible is $500. 4Use Pre-FIRM AR and AR Dual Zones Rate Table above. CONDO 17 May 1, 2008 TABLE 4E. RCBAP LOW-RISE CONDOMINIUM RATES (Including Townhouse/Rowhouse) ANNUAL RATES PER $100 OF COVERAGE (Basic/Additional) REGULAR PROGRAM -- 1975-19811 -- POST-FIRM CONSTRUCTION2 FIRM ZONES V1-V30, VE -- BUILDING RATES ELEVATION OF LOWEST FLOOR ABOVE OR BELOW BFE BUILDING TYPE ONE FLOOR NO BASEMENT/ENCLOSURE MORE THAN ONE FLOOR NO BASEMENT/ENCLOSURE MORE THAN ONE FLOOR WITH BASEMENT/ENCLOSURE 03 2.43/.45 1.97/.45 1.68/.45 -14 5.31/2.77 4.86/2.77 3.47/2.51 -2 *** *** *** REGULAR PROGRAM -- 1975-19811 -- POST-FIRM CONSTRUCTION2 FIRM ZONES V1-V30, VE -- CONTENTS RATES ELEVATION OF LOWEST FLOOR ABOVE OR BELOW BFE CONTENTS LOCATION LOWEST FLOOR ONLY - ABOVE GROUND LEVEL (NO BASEMENT/ENCLOSURE) LOWEST FLOOR ABOVE GROUND LEVEL AND HIGHER FLOORS (NO BASEMENT/ENCLOSURE) BASEMENT/ENCLOSURE AND ABOVE ABOVE GROUND LEVEL - MORE THAN ONE FULL FLOOR 03 4.00/.56 2.62/.62 1.47/.68 .55/.25 -14 8.81/4.27 5.20/3.30 1.73/.68 .55/.25 -2 *** *** *** .55/.25 REGULAR PROGRAM -- 1975-1981 -- POST-FIRM CONSTRUCTION2 UNNUMBERED V ZONE -- ELEVATED BUILDINGS SUBMIT FOR RATING 1Policies for 1975 through 1981 Post-FIRM and Pre-FIRM buildings in Zones VE and V1-V30 will be allowed to use the Post- ’81 V Zone rate table if the rates are more favorable to the insured. See instructions on page RATE 23 for V Zone Optional Rating. 2For 1981 Post-FIRM construction rating, refer to pages CONDO 19 and 20. 3These rates are to be used if the lowest floor of the building is at or above the BFE. 4Use Submit-for-Rate guidelines if the enclosure below the lowest floor of an elevated building, which is used for rating, is 1 or more feet below BFE. ***SUBMIT FOR RATING. CONDO 18 May 1, 2008 TABLE 5A. RCBAP HIGH-RISE AND LOW-RISE CONDOMINIUM RATES (Including Townhouse/Rowhouse) ANNUAL RATES PER $100 OF COVERAGE 1981 POST-FIRM V1-V30, VE ZONE RATES1 Elevated Buildings Free of Obstruction2 Below the Beam Supporting the Building’s Lowest Floor Elevation of the bottom of the floor beam of the lowest floor above or below Base Flood Elevation adjusted for wave height at building site3 Building Rate Contents Rate +4 or more .61 .50 +3 .74 .51 +2 .97 .69 +1 1.41 1.11 0 1.80 1.66 - 1 2.39 2.30 - 2 3.14 3.14 - 3 4.04 4.25 - 4 or lower *** *** Rates above are only for elevated buildings. Use Specific Rating Guidelines for non-elevated buildings. 1Policies for 1975 through 1981 Post-FIRM and Pre-FIRM buildings in Zones VE and V1-V30 will be allowed to use the Post-’81 V Zone rate table if the rates are more favorable to the insured. See instructions on page RATE 23 for V Zone Optional Rating. 2Free of Obstruction.The space below the lowest elevated floor must be completely free of obstructions or any attachment to the building, or may have: (1) Insect screening, provided that no additional supports are required for the screening; or (2) Wooden or plastic lattice with at least 40 percent of its area open and made of material no thicker than ½ inch; or (3) Wooden or plastic slats or shutters with at least 40 percent of their area open and made of material no thicker than 1 inch. Any of these systems must be designed and installed to collapse under stress without jeopardizing the structural support of the building, so that the impact on the building of abnormally high tides or wind-driven water is minimized. Any machinery or equipment below the lowest elevated floor must be at or above the BFE. 3Wave height adjustment is not required in those cases where the Flood Insurance Rate Map indicates that the map includes wave height. ***SUBMIT FOR RATING. Include a copy of the variance, a recent photograph and blueprints (including a site grading plan if ocean front) with the Application, and a post-construction (or pre-construction if builder’s risk) Elevation Certificate. Do not submit any premium with the application. No applicant for insurance on Post-FIRM construction or substantial improvement for which asterisks are shown (there is no risk premium rate) in the Flood Insurance Manual can obtain flood coverage until FEMA has approved the Application and established the risk premium for the building. CONDO 19 May 1, 2008 TABLE 5B. RCBAP HIGH-RISE AND LOW-RISE CONDOMINIUM RATES (Including Townhouse/Rowhouse) ANNUAL RATES PER $100 OF COVERAGE 1981 POST-FIRM V1-V30, VE ZONE RATES1,2 Elevated Buildings With Obstruction3 Below the Beam Supporting the Building’s Lowest Floor Elevation of the bottom of the floor beam of the lowest floor above or below Base Flood Elevation adjusted for wave height at building site4 Building Rate Contents Rate +4 or more 1.10 .63 +3 1.22 .64 +2 1.45 .81 +1 1.84 1.23 0 2.24 1.78 -15 2.77 2.42 -25 3.52 3.25 -35 4.43 4.36 - 4 or lower5 *** *** 1Policies for 1975 through 1981 Post-FIRM and Pre-FIRM buildings in Zones VE and V1-V30 will be allowed to use the Post-’81 V Zone rate table if the rates are more favorable to the insured. See instructions on page RATE 23 for V Zone Optional Rating. 2Rates provided are only for elevated buildings, except those elevated on solid perimeter foundation walls. For buildings elevated on solid perimeter foundation walls, and for non-elevated buildings, use the Specific Rating Guidelines document. 3With Obstruction—The space below has an area of less than 300 square feet with breakaway solid walls or contains equipment below the BFE. If the space below has an area of 300 square feet or more, or if any portion of the space below the elevated floor is enclosed with non-breakaway walls, submit for rating. If the enclosure is at or above the BFE, use the “Free of Obstruction” rate table on the preceding page. The elevation of the bottom enclosure floor is the lowest floor for rating (LFE). 4Wave height adjustment is not required in those cases where the Flood Insurance Rate Map indicates that the map includes wave height. 5For buildings with obstruction, use Submit-for-Rate guidelines if the enclosure below the lowest elevated floor of an elevated building, which is used for rating, is 1 or more feet below BFE. ***SUBMIT FOR RATING. Include a copy of the variance, a recent photograph and blueprints (including a site grading plan if ocean front) with the Application, and a post-construction (or pre-construction if builder’s risk) Elevation Certificate. Do not submit any premium with the application. No applicant for insurance on Post-FIRM construction or substantial improvement for which asterisks are shown (there is no risk premium rate) in the Flood Insurance Manual can obtain flood coverage until FEMA has approved the Application and established the risk premium for the building. TABLE 5C. RCBAP HIGH-RISE AND LOW-RISE BUILDING RATES (Including Townhouse/Rowhouse) ANNUAL RATES PER $100 OF COVERAGE 1981 POST-FIRM V ZONE RATES SUBMIT FOR RATING CONDO 20 May 1, 2008 TABLE 6. RCBAP HIGH-RISE AND LOW-RISE CONDOMINIUM RATES (Including Townhouse/Rowhouse) INCREASED COST OF COMPLIANCE (ICC) COVERAGE All Except Submit for Rate Policies1 Premiums for $30,000 ICC Coverage FIRM2 ZONE PREMIUM Post-FIRM A, AE, A1-A30, AO, AH $ 6 AR, AR DUAL ZONES $ 6 Post-’81 V1-V30, VE $ 20 ‘75-’81 V1-V30, VE $ 35 A99, B, C, X, D $ 6 Pre-FIRM A, AE, A1-A30, AO, AH $ 75 AR, AR DUAL ZONES $ 6 V, VE, V1-V30 $ 75 A99, B, C, X, D $ 6 1Use the ICC premium table contained in the Specific Rating Guidelines. 2Elevation-rated Pre-FIRM buildings should use Post-FIRM ICC premiums. CONDO 21 May 1, 2008 TABLE 7. RCBAP DEDUCTIBLE FACTORS – ALL ZONES Category One – Low-Rise Condominium Building-and-Contents Policies DEDUCTIBLE DEDUCTIBLE FACTOR OPTIONS Single Family 2-4 Units 5 or More Units Building/Contents $500 Ded. $1,000 Ded. $500 Ded. $1,000 Ded. $500 Ded. $1,000 Ded. $500/ $500 1.000 1.125 1.000 1.025 1.000 1.015 $1,000/$1,000 .950 1.000 .965 1.000 .980 1.000 $2,000/$1,000 .900 .950 .930 .965 .960 .980 $3,000/$1,000 .850 .900 .900 .935 .940 .960 $4,000/$2,000 .800 .825 .850 .885 .910 .930 $5,000/$2,000 .760 .775 .810 .845 .890 .920 $10,000/$10,000 .625 .635 .650 .660 .825 .840 $25,000/$25,000 .525 .535 .550 .560 .725 .740 Category Two – Low-Rise Condominium Building-Only Policies DEDUCTIBLE OPTIONS DEDUCTIBLE FACTOR Single Family 2-4 Units 5 or More Units $500 Ded. $1,000 Ded. $500 Ded. $1,000 Ded. $500 Ded. $1,000 Ded. $500 1.000 1.125 1.000 1.025 1.000 1.015 $1,000 .950 1.000 .965 1.000 .980 1.000 $2,000 .885 .925 .925 .950 .950 .970 $3,000 .825 .865 .875 .910 .920 .940 $4,000 .775 .825 .825 .870 .900 .920 $5,000 .725 .765 .800 .835 .880 .900 $10,000 .620 .630 .640 .650 .815 .830 $25,000 .520 .530 .540 .550 .715 .730 Category Three – High-Rise Condominium Policies, Building-and-Contents and Building-Only The deductible factors are multipliers, and total deductible amounts are subject to a maximum dollar discount per annual premium. BUILDING/CONTENTS BUILDING-ONLY DEDUCTIBLE OPTIONS DEDUCTIBLE FACTOR MAXIMUM DISCOUNT $500 Deductible $1,000 Deductible $500/ $500 1.000 1.050 N/A $1,000/$1,000 .980 1.000 $ 56 $2,000/$2,000 .960 .980 $ 111 $3,000/$3,000 .940 .960 $ 166 $4,000/$4,000 .910 .930 $ 221 $5,000/$5,000 .890 .920 $ 276 $10,000/$10,000 .825 .840 $ 501 $25,000/$25,000 .725 .740 $1,001 DEDUCTIBLE OPTIONS DEDUCTIBLE FACTOR MAXIMUM DISCOUNT $500 Deductible $1,000 Deductible $500 1.000 1.100 N/A $1,000 .980 1.000 $ 55 $2,000 .950 .970 $ 110 $3,000 .920 .940 $ 165 $4,000 .900 .920 $ 220 $5,000 .880 .900 $ 275 $10,000 .815 .830 $ 500 $25,000 .715 .730 $1,000 CONDO 22 May 1, 2008 X. CONDOMINIUM RATING EXAMPLES TABLE OF CONTENTS EXAMPLE PAGE Example 1 Pre-FIRM, Low-rise, with Enclosure, Coinsurance Penalty, Zone A................CONDO 24 Example 2 Pre-FIRM, Low-rise, No Basement/Enclosure, Zone AE ................................. CONDO 25 Example 3 Post-FIRM, Low-rise, Coinsurance Penalty, Zone AE...................................... CONDO 26 Example 4 Post-FIRM, Low-rise, Standard Deductible, Zone AE ...................................... CONDO 27 Example 5 Pre-FIRM, High-rise, Standard Deductible, Coinsurance Penalty, Zone A......CONDO 28 Example 6 Pre-FIRM, High-rise, Basement, Maximum Discount, Zone AE....................... CONDO 29 Example 7 Post-FIRM, High-rise, Standard Deductible, Zone AE ..................................... CONDO 30 Example 8 Pre-FIRM, High-rise, Enclosure, Maximum Discount, Coinsurance Penalty, Zone AE..............................................................................................CONDO 31 CONDO 23 May 1, 2008 CONDOMINIUM RATING EXAMPLE 1 PRE-FIRM, LOW-RISE, WITH ENCLOSURE, COINSURANCE PENALTY, ZONE A Regular Program • Building Coverage: $140,000 • Contents Coverage: $100,000 • Condominium Type: Low-rise • Flood Zone: A • Occupancy: Other Residential • # of Units: 6 • Date of Construction: Pre-FIRM • Building Type: 3 Floors Including Enclosure • Deductible: $2,000/$1,000 • Deductible Factor: .980 • Replacement Cost: $600,000 • Elevation Difference: N/A • 80% Coinsurance Amount: $480,000 • ICC Premium: $75 ($30,000 Coverage) • CRS Rating: N/A • CRS Discount: N/A Determined Rates: Building: .75/.64 Contents: .96/.84 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 140,000 .75 1,050 0 .64 0 -21 140,000 1,029 CONTENTS 20,000 .96 192 80,000 .84 672 -17 100,000 847 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 1,876 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM 75 . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 1,951 . MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT % . . PROVISIONAL RATING SUBTOTAL 1,951 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND THAT PROBATION SURCHARGE . ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE FEDERAL LAW. FEDERAL POLICY FEE 175 SIGNATURE OF INSURANCE AGENT/BROKER DATE(MM/DD/YY) TOTAL PREPAID AMOUNT 2,126 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $1,050 / Contents: $864 2. Apply Deductible Factor: Building: .980 x $1,050 = $1,029 / Contents: .980 x $864 = $847 3. Premium Reduction: Building: $1,050 - $1,029 = $21 / Contents: $864 - $847 = $17 4. Subtotal: $1,876 5. Add ICC Premium: $75 6. Subtract CRS Discount: N/A 7. Subtotal: $1,951 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $175 10. Total Prepaid Amount: $2,126 CLAIMS ADJUSTMENT WITH COINSURANCE PROVISION Claim Payment is determined as follows: (Insurance Carried) 140,000 x (Amount of Loss) 100,000 = (Limit of Recovery) 29,167 - Less Deductible (Insurance Required) 480,000 (Coinsurance Penalty applies because minimum insurance amount of $480,000 was not met.) CONDO 24 May 1, 2008 CONDOMINIUM RATING EXAMPLE 2 PRE-FIRM, LOW-RISE, NO BASEMENT/ENCLOSURE, ZONE AE Regular Program • Building Coverage: $480,000 • Contents Coverage: $50, 000 • Condominium Type: Low-rise • Flood Zone: AE • Occupancy: Other Residential • # of Units: 6 • Date of Construction: Pre-FIRM • Building Type: 1 Floor, No Basement • Deductible: $500/$500 • Deductible Factor: 1.015 • Replacement Cost: $600,000 • Elevation Difference: N/A • 80% Coinsurance Amount: $480,000 • ICC Premium: $75 ($30,000 Coverage) • CRS Rating: N/A • CRS Discount: N/A Determined Rates: Building: .70/.52 Contents: .96/.97 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 300,000 .70 2,100 180,000 .52 936 +46 480,000 3,082 CONTENTS 20,000 .96 192 30,000 .97 291 +7 50,000 490 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 3,572 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM 75 . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 3,647 . MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT % . . PROVISIONAL RATING SUBTOTAL 3,647 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND THAT PROBATION SURCHARGE . ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE FEDERAL LAW. FEDERAL POLICY FEE 175 SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 3,822 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $3,036 / Contents: $483 2. Apply Deductible Factor: Building: 1.015 x $3,036 = $3,082 / Contents: 1.015 x $483 = $490 3. Premium Increase: Building: $3,036 - $3,082 = $46 / Contents: $483 - $490 = $7 4. Subtotal: $3,572 5. Add ICC Premium: $75 6. Subtract CRS Discount: N/A 7. Subtotal: $3,647 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $175 10. Total Prepaid Amount: $3,822 CLAIMS ADJUSTMENT WITH COINSURANCE PROVISION Coinsurance Penalty does not apply since minimum insurance amount of 80% was met. CONDO 25 May 1, 2008 CONDOMINIUM RATING EXAMPLE 3 POST-FIRM, LOW-RISE, COINSURANCE PENALTY, ZONE AE Regular Program • Building Coverage: $750,000 • Contents Coverage: $100,000 • Condominium Type: Low-rise • Flood Zone: AE • Occupancy: Other Residential • # of Units: 14 • Date of Construction: Post-FIRM • Building Type: 2 Floors, No Basement/Enclosure • Deductible: $500/$500 • Deductible Factor: 1.000 • Replacement Cost: $1,120,000 • Elevation Difference: +1 • 80% Coinsurance Amount: $896,000 • ICC Premium: $6 ($30,000 Coverage) • CRS Rating: N/A • CRS Discount: N/A Determined Rates: Building: .28/.08 Contents: .38/.12 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 700,000 .28 1,960 50,000 .08 40 0 750,000 2,000 CONTENTS 20,000 .38 76 80,000 .12 96 0 100,000 172 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 2,172 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM 6 . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 2,178 . MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT % . . PROVISIONAL RATING SUBTOTAL 2,178 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND THAT PROBATION SURCHARGE . ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE FEDERAL LAW. FEDERAL POLICY FEE 385 SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 2,563 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $2,000 / Contents: $172 2. Apply Deductible Factor: Building: 1.000 x $2,000 = $2,000 / Contents: 1.000 x $172 = $172 3. Premium Reduction/Increase: Building: $0 / Contents: $0 4. Subtotal: $2,172 5. Add ICC Premium: $6 6. Subtract CRS Discount: N/A 7. Subtotal: $2,178 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $385 10. Total Prepaid Amount: $2,563 CLAIMS ADJUSTMENT WITH COINSURANCE PROVISION Claim Payment is determined as follows: (Insurance Carried) 750,000 x (Amount of Loss) 300,000 = (Limit of Recovery) 251,116 - Less Deductible (Insurance Required) 896,000 (Coinsurance Penalty applies because minimum insurance amount of $896,000 was not met.) CONDO 26 May 1, 2008 CONDOMINIUM RATING EXAMPLE 4 POST-FIRM, LOW-RISE, STANDARD DEDUCTIBLE, ZONE AE Regular Program • Building Coverage: $600,000 • Contents Coverage: $15,000 • Condominium Type: Low-rise • Flood Zone: AE • Occupancy: Other Residential • # of Units: 6 • Date of Construction: Post-FIRM • Building Type: 3 Floors, Townhouse, No Basement/Enclosure • Deductible: $500/$500 • Deductible Factor: 1.000 • Replacement Cost: $600,000 • Elevation Difference: +2 • 80% Coinsurance Amount: $480,000 • ICC Premium: $6 ($30,000 Coverage) • CRS Rating: N/A • CRS Discount: N/A Determined Rates: Building: .18/.08 Contents: .38/.12 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 300,000 .18 540 300,000 .08 240 0 600,000 780 CONTENTS 15,000 .38 57 0 .12 0 15,000 57 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 837 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM 6 . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 843 .. MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT % . . PROVISIONAL RATING SUBTOTAL 843 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND THAT PROBATION SURCHARGE . ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE FEDERAL LAW. FEDERAL POLICY FEE 175 SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 1,018 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $780 / Contents: $57 2. Apply Deductible Factor: Building: 1.000 x $780 = $780 / Contents: 1.000 x $57 = $57 3. Premium Reduction/Increase: Building: $0 / Contents: $0 4. Subtotal: $837 5. Add ICC Premium: $6 6. Subtract CRS Discount: N/A 7. Subtotal: $843 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $175 10. Total Prepaid Amount: $1,018 CLAIMS ADJUSTMENT WITH COINSURANCE PROVISION Coinsurance Penalty does not apply since the minimum insurance amount of 80% was met. CONDO 27 May 1, 2008 CONDOMINIUM RATING EXAMPLE 5 PRE-FIRM, HIGH-RISE, STANDARD DEDUCTIBLE, COINSURANCE PENALTY, ZONE A Regular Program • Building Coverage: $1,110,000 • Contents Coverage: $100,000 • Condominium Type: High-rise • Flood Zone: A • Occupancy: Other Residential • # of Units: 50 • Date of Construction: Pre-FIRM • Building Type: 3 or More Floors, No Basement/Enclosure • Deductible: $1,000/$1,000 • Deductible Factor: 1.000 • Replacement Cost: $1,500,000 • Elevation Difference: N/A • 80% Coinsurance Amount: $1,200,000 • ICC Premium: $75 ($30,000 Coverage) • CRS Rating: 5 • CRS Discount: 25% Determined Rates: Building: .85/.19 Contents: .96/.67 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 150,000 .85 1,275 960,000 .19 1,824 0 1,110,000 3,099 CONTENTS 20,000 .96 192 80,000 .67 536 0 100,000 728 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 3,827 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM 75 . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 3,902 . MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT 25% -976 . PROVISIONAL RATING SUBTOTAL 2,926 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND THAT PROBATION SURCHARGE . ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE FEDERAL LAW. FEDERAL POLICY FEE 735 SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 3,661 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $3,099 / Contents: $728 2. Apply Deductible Factor: Building: 1.000 x $3,099 = $3,099 / Contents: 1.000 x $728 = $728 3. Premium Reduction/Increase: Building: $0 / Contents: $0 4. Subtotal: $3,827 5. Add ICC Premium: $75 6. Subtract CRS Discount: - $976 (25%) 7. Subtotal: $2,926 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $735 10. Total Prepaid Amount: $3,661 CLAIMS ADJUSTMENT WITH COINSURANCE PROVISION Claim Payment is determined as follows: (Insurance Carried) 1,110,000 x (Amount of Loss) 200,000 = (Limit of Recovery) 185,000 - Less Deductible (Insurance Required) 1,200,000 (Coinsurance Penalty applies because minimum insurance amount of $1,200,000 was not met.) CONDO 28 May 1, 2008 CONDOMINIUM RATING EXAMPLE 6 PRE-FIRM, HIGH-RISE, BASEMENT, MAXIMUM DISCOUNT, ZONE AE Regular Program • Building Coverage: $3,000,000 • Contents Coverage: $100,000 • Condominium Type: High-rise • Flood Zone: AE • Occupancy: Other Residential • # of Units: 50 • Date of Construction: Pre-FIRM • Building Type: 3 or More Floors, including Basement • Deductible: $5,000/$5,000 • Deductible Factor: .920 (Maximum Total Discount of $276 applies) • Replacement Cost: $3,750,000 • Elevation Difference: N/A • 80% Coinsurance Amount: $3,000,000 • ICC Premium: $75 ($30,000 Coverage) • CRS Rating: 8 • CRS Discount: 10% Determined Rates: Building: .90/.27 Contents: .96/.81 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 150,000 .90 1,350 2,850,000 .27 7,695 -276 3,000,000 8,769 CONTENTS 20,000 .96 192 80,000 .81 648 0 100,000 840 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 9,609 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM 75 . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 9,684 . MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT 10% -968 . PROVISIONAL RATING SUBTOTAL 8,716 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND THAT PROBATION SURCHARGE . ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE FEDERAL LAW. FEDERAL POLICY FEE 735 SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 9,451 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $9,045 / Contents: $840 2. Apply Deductible Factor: Building: .920 x $9,045 = $8,321 / Contents: .920 x $840 = $773 3. Premium Reduction: Building: $276 (maximum discount since $9,045 - $8,321 = $724 exceeds the maximum) / Contents: $0 4. Subtotal: $9,609 5. Add ICC Premium: $75 6. Subtract CRS Discount: -$968 (10%) 7. Subtotal: $8,716 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $735 10. Total Prepaid Amount: $9,451 CLAIMS ADJUSTMENT WITH COINSURANCE PROVISION Coinsurance Penalty does not apply since the minimum insurance amount of 80% was met. NOTE: The NFIP accepts premium only in whole dollars. If the discount for an optional deductible does not result in a whole dollar premium, round up if 50¢ or more; round down if less. Always submit gross premium. CONDO 29 May 1, 2008 CONDOMINIUM RATING EXAMPLE 7 POST-FIRM, HIGH-RISE, STANDARD DEDUCTIBLE, ZONE AE Regular Program • Building Coverage: $12,000,000 • Contents Coverage: $15,000 • Condominium Type: High-rise • Flood Zone: AE • Occupancy: Other Residential • # of Units: 100 • Date of Construction: Post-FIRM • Building Type: 3 or More Floors, No Basement/Enclosure • Deductible: $500/$500 • Deductible Factor: 1.000 • Replacement Cost: $15,000,000 • Elevation Difference: 0 • 80% Coinsurance Amount: $12,000,000 • ICC Premium: $6 ($30,000 Coverage) • CRS Rating: 9 • CRS Discount: 5% Determined Rates: Building: 1.28/.05 Contents: .69/.12 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 150,000 1.28 1,920 11,850,000 .05 5,925 0 12,000,000 7,845 CONTENTS 15,000 .69 104 0 .12 0 0 15,000 104 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 7,949 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM 6 . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 7,955 . MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT 5% -398 . PROVISIONAL RATING SUBTOTAL 7,557 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND THAT PROBATION SURCHARGE . ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE FEDERAL LAW. FEDERAL POLICY FEE 735 SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 8,292 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $7,845 / Contents: $104 2. Apply Deductible Factor: Building: 1.000 x $7,845 = $7,845 / Contents: 1.000 x $104 = $104 3. Premium Increase: Building: $0 / Contents: $0 4. Subtotal: $7,949 5. Add ICC Premium: $6 6. Subtract CRS Discount: - $398 (5%) 7. Subtotal: $7,557 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $735 10. Total Prepaid Amount: $8,292 CLAIMS ADJUSTMENT WITH COINSURANCE PROVISION Coinsurance Penalty does not apply since the minimum insurance amount of 80% was met. NOTE: The NFIP accepts premium only in whole dollars. If the discount for an optional deductible does not result in a whole dollar premium, round up if 50¢ or more; round down if less. Always submit gross premium. CONDO 30 May 1, 2008 CONDOMINIUM RATING EXAMPLE 8 PRE-FIRM, HIGH-RISE, ENCLOSURE, MAXIMUM DISCOUNT, COINSURANCE PENALTY, ZONE AE Regular Program • Building Coverage: $4,000,000 • Contents Coverage: $100,000 • Condominium Type: High-rise • Flood Zone: AE • Occupancy: Other Residential • # of Units: 200 • Date of Construction: Pre-FIRM • Building Type: 3 or More Floors, Including Enclosure • Deductible: $2,000/$2,000 • Deductible Factor: .980 (Maximum Total Discount of $111 applies) • Replacement Cost: $18,000,000 • Elevation Difference: N/A • 80% Coinsurance Amount: $14,400,000 • ICC Premium: $75 ($30,000 Coverage) • CRS Rating: N/A • CRS Discount: N/A Determined Rates: Building: .90/.19 Contents: .96/.97 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 150,000 .90 1,350 3,850,000 .19 7,315 -111 4,000,000 8,554 CONTENTS 20,000 .96 192 80,000 .97 776 0 100,000 968 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) PAYMENT ANNUAL SUBTOTAL 9,522 . MANUAL . SUBMIT FOR RATING OPTION: ICC PREMIUM 75 . ALTERNATIVE . V-ZONE RISK RATING FORM . CREDIT CARD SUBTOTAL 9,597 . MORTGAGE PORTFOLIO PROTECTION PROGRAM . OTHER: CRS PREMIUM DISCOUNT % . . PROVISIONAL RATING SUBTOTAL 9,597 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND THAT PROBATION SURCHARGE . ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE FEDERAL LAW. FEDERAL POLICY FEE 735 SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 10,332 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $8,665 / Contents: $968 2. Apply Deductible Factor: Building: .980 x $8,665 = $8,492 / Contents: .980 x $968 = $949 3. Premium Reduction: Building: $111 (maximum discount since $8,665 - $8,492 = $173 exceeds the maximum) / Contents: $0 4. Subtotal: $9,522 5. Add ICC Premium: $75 6. Subtract CRS Discount: N/A 7. Subtotal: $9,597 8. Probation Surcharge: N/A 9. Add Federal Policy Fee: $735 10. Total Prepaid Amount: $10,332 CLAIMS ADJUSTMENT WITH COINSURANCE PROVISION Claim Payment is determined as follows: (Insurance Carried) 4,000,000 x (Amount of Loss) 1,000,000 = (Limit of Recovery) 277,778 - Less Deductible (Insurance Required) 14,400,000 (Coinsurance Penalty applies because minimum insurance amount of $14,400,000 was not met.) CONDO 31 May 1, 2008 LOWEST FLOOR GUIDE This section is to be used as a guide for identifying the lowest floor for rating buildings being considered for coverage under the National Flood Insurance Program. I. LOWEST FLOOR DETERMINATION The following guidance, along with the comments accompanying each building drawing provided in this section (pages LFG 8-59), will help insurance agents determine the lowest floor so that the appropriate rate can be applied. A. Non-Elevated Buildings In a non-elevated building, the lowest floor used for rating is the building’s lowest floor including a basement, if any. If a building located in an A zone (any flood zone beginning with the letter A) has an attached garage, and the floor level of the garage is below the level of the building, and there is machinery/equipment on the floor of the garage that is below the Base Flood Elevation (BFE), the lowest floor is the garage floor unless the garage has proper openings (flood vents). See “Proper Openings” in the Definitions section. B. Elevated Buildings in A Zones In an elevated building located in an A zone (any flood zone beginning with the letter A), the lowest floor used for rating is the lowest elevated floor, with the exceptions described below. If a building located in an A zone has an enclosure below the elevated floor, including an attached garage, the enclosure or garage floor becomes the lowest floor for rating if any of the following conditions exists: • The enclosed space is finished (having more than 20 linear feet of finished wall [paneling, etc.]); or • The unfinished enclosed space is used for other than building access (stairwells, elevators, etc.), parking, or storage; or • The unfinished enclosed space has no proper openings (flood vents). 1. Enclosures with Openings An elevated building with an enclosure below the elevated floor with proper openings (flood vents) in the enclosure can be rated using the elevated floor as the lowest floor. (For elevated buildings with proper openings in the enclosure, the application should indicate “No” for enclosure.) This rule applies to buildings in Zones A, A1-A30, AE, AO, AH, AR, and AR Dual. All enclosures (including an elevator shaft or a crawl space) below the lowest elevated floor must be designed to automatically equalize hydrostatic flood forces on exterior walls by allowing for the entry and exit of floodwaters. A minimum of two openings, with positioning on at least two walls, having a total net area of not less than 1 square inch for every square foot of enclosed area must be provided. The bottom of all openings must be no higher than 1 foot above the grade underneath the openings. 2. Alternative to the Openings Requirement Above In situations where it is not feasible to meet the openings requirement above, it is acceptable to use the following certification/letter in order for the enclosure floor elevation to be excluded for rating: • A registered professional engineer or architect certification that the flood openings are designed to automatically equalize hydrostatic flood forces on exterior walls by allowing for the entry and exit of floodwaters. This certification is required to assure community officials that the openings are designed in accordance with accepted standards of practice. For acceptable certifications, refer FEMA Technical Bulletin 1-93, “Openings in Foundation Walls for Buildings Located in Special Flood Hazard Areas” www.fema.gov/pdf/fima/job2.pdf; or • A letter or other written evidence from the community building official that the flood openings have been accepted by the community as an alternative to the openings requirement in the International Building Code or the local ordinance based on the issuance of an Evaluation Report on openings by the International Code Council Evaluation Service (ICC-ES); or • An Evaluation Report issued by the ICCES indicating that the automatic flood vents meet code requirements. This report provides the specification on the number of flood vents required for a specified square footage of enclosed area below the BFE. LFG 1 May 1, 2008 3. Crawl Spaces If a building elevated on a crawl space is located in an A zone and has an attached garage, use the following guidelines to determine the lowest floor for rating: • Use the top of the crawl space (underfloor space) floor or the garage floor, whichever is lower, if neither the crawl space nor the garage has proper openings; or • Use the top of the crawl space floor, if the only area that has proper openings is the garage; or • Use the top of the garage floor, if the only area that has proper openings is the crawl space; or • Use the top of the finished floor (habitable floor), if both the crawl space and the garage have proper openings. Pre-FIRM buildings with subgrade crawl spaces that are below the BFE may use optional Post-FIRM elevation rating. Follow the Submit-for-Rate procedures. C. Elevated Buildings in V Zones In Zones V, VE, and V1-V30, the floor of an enclosed area below the lowest elevated floor is the building's lowest floor if one or more of the following conditions are met: • The enclosed space is finished (having more than 20 linear feet of finished wall [paneling, etc.]); or • The unfinished enclosed space is used for other than building access (stairwells, elevators, etc.), parking, or storage; or • The enclosed space is of any size, and there is machinery or equipment below the BFE located inside or outside the enclosed space. (Machinery or equipment is defined as building items permanently affixed to the building and that provide utility services for the building—i.e., furnaces, hot water heaters, heat pumps, air conditioners, and elevators and their associated equipment. Washers, dryers, and food freezers are contents items and are not considered machinery or equipment.); or • The enclosed space is constructed with non- breakaway walls (A non-breakaway wall is defined as a wall that is attached to the structural support of the building and is not designed or constructed to collapse under specific lateral loading forces. This type of construction endangers the foundation system of the building.); or • The enclosed space is 300 square feet or more and has breakaway walls; or • The enclosed space has load-bearing (supporting) walls. If the enclosed space (enclosure) is at or above the BFE, use the “Free of Obstruction” rate table on page RATE 7 or page CONDO 19, as appropriate. Also use these rates if an enclosure has solid load-bearing walls that provide less than 25 percent of the building’s structural support. The elevation of the bottom enclosure floor is the lowest floor for rating (LFE). Also see “D. Post-’81 V Zone Optional Rating” on page RATE 23. II. USE OF ELEVATION CERTIFICATE The Elevation Certificate (EC) is used to properly rate buildings located in Special Flood Hazard Areas (SFHAs). Use the criteria below in determining whether use of the EC is mandatory or optional. (See the Special Certifications section, pages CERT 1-2, for more information on using the EC.) A. Mandatory Use of Elevation Certificate An EC is required for a Post-FIRM building located in Zones AE, A1-A30, VE, V1-V30, or a Pre-FIRM building opting for Post-FIRM rates (see “B.” below). An EC is also required for a Post-FIRM building located in unnumbered A Zones (With or Without Estimated BFE), Zone AH, and Zone AO, if the building has a basement or enclosure without proper openings. If the building is Post-FIRM construction located in unnumbered A Zones, check with the community official to determine if there is an estimated Base Flood Elevation. If available, an EC that certifies the lowest floor elevation must be submitted. B. Optional Rating Using the Elevation Certificate Buildings located in AR and AR Dual zones, or constructed prior to publication of the initial Flood Insurance Rate Map (Pre-FIRM), can, at the option of the insured, be elevation-rated using Post-FIRM rates. The insured may select the more advantageous rate. In addition, the EC is optional in unnumbered A Zones (With or Without Estimated BFE), Zone AH, and Zone AO if the building has no basement or enclosure. LFG 2 May 1, 2008 LFG 3 May 1, 2008 LFG 4 May 1, 2008 LFG 5 May 1, 2008 LFG 6 May 1, 2008 LFG 7 May 1, 2008 III. SPECIFIC BUILDING DRAWINGS Table of Contents SECTION PAGE Elevated Buildings for Pre- and Post-FIRM Risks in Flood Zones B, C, X, A99, and D................................................................................LFG 9 - LFG 11 Non-Elevated Buildings for Pre- and Post-FIRM Risks in Flood Zones B, C, X, A99, and D................................................................................LFG 12 - LFG 13 Elevated Buildings for Pre- and Post-FIRM Risks in Flood Zones A, AO, and AH .......................................................................................LFG 14 - LFG 18 Non-Elevated Buildings for Pre- and Post-FIRM Risks in Flood Zones A, AO, and AH .......................................................................................LFG 19 - LFG 21 Non-Elevated Buildings for Pre- and Post-FIRM Risks in Flood Zones AE and A1-A30 ...................................................................................................LFG 22 - LFG 27 Elevated Buildings for Pre- and Post-FIRM Risks in Flood Zones AE and A1-A30 .............................................................................................................LFG 28 - LFG 38 Non-Elevated Buildings for Pre- and Post-FIRM Risks with Construction Dates of 1975 to September 30, 1981, in Flood Zones VE and V1-V30 ...................................................................................................LFG 39 - LFG 42 Elevated Buildings for Pre- and Post-FIRM Risks with Construction Dates of 1975 to September 30, 1981, in Flood Zones VE and V1-V30 ...................................................................................................LFG 43 - LFG 51 Elevated Buildings for Post-FIRM Risks in Flood Zones VE and V1-V30, Construction Date October 1, 1981, and After...............................................LFG 52 - LFG 59 LFG 8 May 1, 2008 LFG 9 May 1, 2008 ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES B, C, X, A99, AND D 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 2 5 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 3 6 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate NOTE: Above references may not apply to this page. Building Description One floor and unfinished enclosed area Elevating Foundation of Building Piers, posts, piles, or columns Type of Enclosure Designed with proper openings3 Machinery or Equipment Servicing Building With or without machinery or equipment Lowest Floor for Rating No Elevation Certificate Required Application Should Show Building Type. One floor Is Building Elevated?. Yes Is area below the elevated floor enclosed?. No Pre-FIRM Rating Use Pre-FIRM rate table no basement/enclosure category. Post-FIRM Rating Use Post-FIRM rate table no basement/enclosure category. LFG 10 May 1, 2008 ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES B, C, X, A99, AND D 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 2 5 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 3 6 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate NOTE: Above references may not apply to this page. Building Description Two floors and unfinished enclosed area Elevating Foundation of Building Solid perimeter load-bearing walls. No openings Type of Enclosure Unfinished crawl space and garage Machinery or Equipment Servicing Building With or without machinery or equipment Lowest Floor for Rating No Elevation Certificate Required Application Should Show Building Type. Three or more floors Is Building Elevated?. Yes Is area below the elevated floor enclosed?. Yes Pre-FIRM Rating Use Pre-FIRM rate table with enclosure category. Post-FIRM Rating Use Post-FIRM rate table with basement/enclosure category. LFG 11 May 1, 2008 ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES B, C, X, A99, AND D 1 4 LF. Lowest Floor HAG.Highest Adjacent Grade 2 5 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate NOTE: Above references may not apply to this page. Building Description One floor and finished or unfinished enclosed area Elevating Foundation of Building Piers, posts, piles, or columns Type of Enclosure Nonload-bearing walls No proper openings3 Machinery or Equipment Servicing Building With or without machinery or equipment Lowest Floor for Rating No Elevation Certificate Required Application Should Show Building Type. Two floors Is Building Elevated?. Yes Is area below the elevated floor enclosed?. Yes Pre-FIRM Rating Use Pre-FIRM rate table with enclosure category. Post-FIRM Rating Use Post-FIRM rate table with basement/enclosure category. LFG 12 May 1, 2008 NON-ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES B, C, X, A99, AND D 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 2 5 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 36 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate NOTE: Above references may not apply to this page Building Description One floor on slab Machinery or Equipment Servicing Building N/A Lowest Floor for Rating No Elevation Certificate Required Application Should Show Building Type. One floor Basement. None Is Building Elevated? . No Pre-FIRM Rating Use Pre-FIRM rate table no basement/enclosure category. Post-FIRM Rating Use Post-FIRM rate table no basement/enclosure category. LFG 13 May 1, 2008 NON-ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES B, C, X, A99, AND D 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 2 5 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 36 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate NOTE: Above references may not apply to this page. Building Description One floor with finished or unfinished basement Machinery or Equipment Servicing Building With or without machinery or equipment in basement Lowest Floor for Rating No Elevation Certificate Required Application Should Show Building Type.Two floors Basement.Finished or unfinished Is Building Elevated?.No Pre-FIRM Rating Use Pre-FIRM rate table with basement category. Post-FIRM Rating Use Post-FIRM rate table with basement/enclosure category. LF (C2.a) ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES A, AO, AND AH 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 2 5 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor without enclosed area (See Elevation Certificate, Diagram 5) Elevating Foundation of Building Piers, posts, piles, or columns Type of Enclosure No enclosure Machinery or Equipment Servicing Building None Lowest Floor for Rating Top of lowest elevated floor Application Should Show Building Type— One floor Is Building Elevated?— Yes Is area below the elevated floor enclosed?— No Pre-FIRM Rating5 AO Zone: If difference between LF1 and HAG4 is equal to or greater than Base Flood Depth, use with certification rate. If not, use Pre-FIRM rate table no basement/enclosure category. AH Zone: If LF1 elevation is equal to or greater than BFE2, use with certification rate. If LF1 elevation is less than BFE2, use Pre-FIRM rate table . A Zone with estimated BFE2: If LF1 elevation is equal to or greater than the estimated BFE2, use Post-FIRM rate table with the estimated base flood elevation category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table no basement/enclosure category. A Zone without estimated BFE2: If difference between the LF1 and HAG4 is 2 ft. or more, use Post-FIRM no estimated base flood elevation rate table. If the difference is 1 ft. or less, use Pre-FIRM rate table no basement/enclosure category. Post-FIRM Rating AO Zone: If difference between LF1 and HAG4 is equal to or greater than Base Flood Depth, use with certification rate. If not, use without certification rate. AH Zone: If LF1 elevation is greater than or equal to BFE2, use with certification rate. If not, use without certification rate. A Zone with estimated BFE2: Use Post-FIRM rate table with the estimated base flood elevation category. If LF1 elevation is 2 or more feet below the estimated BFE2, submit the application to the NFIP for a rate. A Zone without estimated BFE2: If difference between the LF1 and HAG4 is 1 ft. or more, use Post-FIRM rate table no estimated base flood elevation category. If difference is 0 or less, submit the application to the NFIP for a rate. LFG 14 May 1, 2008 LFG 15 May 1, 2008 LF (C2.b) OPENINGS (A8.c) ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES A, AO, AND AH 1 LF.Lowest Floor 4 HAG.Highest Adjacent Grade 2 BFE.Base Flood Elevation 5 See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor and unfinished enclosed area (See Elevation Certificate, Diagram 6) Elevating Foundation of Building Piers, posts, piles, or columns Type of Enclosure Designed with proper openings3 Machinery or Equipment Servicing Building With or without machinery or equipment Lowest Floor for Rating Top of next higher floor Application Should Show Building Type— One floor Is Building Elevated?— Yes Is area below the elevated floor enclosed?— No Pre-FIRM Rating5 AO Zone: If difference between LF1 and HAG4 is equal to or greater than Base Flood Depth, use with certification rate. If not, use Pre-FIRM rate table no basement/enclosure category. AH Zone: If LF1 elevation is equal to or greater than BFE2, use with certification rate. If LF1 elevation is less than BFE2, use Pre-FIRM rate table A Zone with estimated BFE2: If LF1 elevation is equal to or greater than the estimated BFE2, use Post-FIRM rate table with the estimated base flood elevation category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table no basement/enclosure category. A Zone without estimated BFE2: If difference between the LF1 and HAG4 is 2 ft. or more, use Post-FIRM no estimated base flood elevation rate table. If the difference is 1 ft. or less, use Pre-FIRM rate table no basement/enclosure category. Post-FIRM Rating AO Zone: If difference between LF1 and HAG4 is equal to or greater than Base Flood Depth, use with certification rate. If not, use without certification rate. AH Zone: If LF1 elevation is greater than or equal to BFE2, use with certification rate. If not, use without certification rate. A Zone with estimated BFE2: Use Post-FIRM rate table with the estimated base flood elevation category. If LF1 elevation is 2 or more feet below the estimated BFE2, submit the application to the NFIP for a rate. A Zone without estimated BFE2: If difference between the LF1 and HAG4 is 1 ft. or more, use Post-FIRM rate table no estimated base flood elevation category. If the difference is 0 or less, submit the application to the NFIP for a rate. ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES A, AO, AND AH 1 2 3 LF.Lowest Floor BFE.Base Flood Elevation See page LFG 1 for explanation of proper openings 4 HAG.Highest Adjacent Grade 5 See page LFG 2 for optional elevation rating 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. LF (C2.a) Building Description Two floors and unfinished enclosed area Elevating Foundation of Building Solid load-bearing walls. No openings Type of Enclosure Unfinished crawl space and garage Machinery or Equipment Servicing Building With or without machinery or equipment Lowest Floor for Rating Top of bottom floor (lower of crawl space or garage) Application Should Show Building Type. Three or more floors Is Building Elevated?. Yes Is area below the elevated floor enclosed?. Yes Pre-FIRM Rating AO Zone: Use Pre-FIRM rate table with enclosure category. AH Zone: Use Pre-FIRM rate table with enclosure category. A Zone: Use Pre-FIRM rate table with enclosure category. Post-FIRM Rating Submit the application to the NFIP for a rate. LFG 16 May 1, 2008 LFG 17 May 1, 2008 LF (C2.a) ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES A, AO, AND AH 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 2 5 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 3 6 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor and finished or unfinished enclosed area (See Elevation Certificate, Diagram 6) Elevating Foundation of Building Piers, posts, piles, or columns Type of Enclosure Nonload-bearing walls No openings3 Machinery or Equipment Servicing Building With or without machinery or equipment Lowest Floor for Rating Top of bottom floor (including basement or enclosure) Application Should Show Building Type— Two floors Is Building Elevated?— Yes Is area below the elevated floor enclosed?— Yes Pre-FIRM Rating AO Zone: Use Pre-FIRM rate table with enclosure category. AH Zone: Use Pre FIRM rate table with enclosure category. A Zone: Use Pre-FIRM rate table with enclosure category. Post-FIRM Rating Submit the application to the NFIP for a rate. LF (C2.a) ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES A, AO, AND AH 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 2 5 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 3 6 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description Mobile home without enclosed area Elevating Foundation of Building Piers, posts, piles, or columns Type of Enclosure Vinyl skirting Machinery or Equipment Servicing Building With or without machinery or equipment below elevated floor Lowest Floor for Rating Top of lowest elevated floor Application Should Show Building Type. Mobile home Is Building Elevated?. Yes Is area below the elevated floor enclosed?. No Pre-FIRM Rating5 AO Zone: If difference between LF1 and HAG4 is equal to or greater than Base Flood Depth, use with certification rate. If not, use Pre-FIRM rate table no basement/enclosure category. AH Zone: If LF1 elevation is equal to or greater than BFE2, use with certification rate. If LF1 elevation is less than BFE2, use Pre-FIRM rate table . A Zone with estimated BFE2: If LF1 elevation is equal to or greater than the estimated BFE2, use Post-FIRM rate table with the estimated base flood elevation category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table no basement/enclosure category. A Zone without estimated BFE2: If difference between the LF1 and HAG4 is 2 ft. or more, use Post-FIRM no estimated base flood elevation rate table. If the difference is 1 ft. or less, use Pre-FIRM rate table no basement/enclosure category. Post-FIRM Rating AO Zone: If difference between LF1 and HAG4 is equal to or greater than Base Flood Depth, use with certification rate. If not, use without certification rate. AH Zone: If LF1 elevation is greater than or equal to BFE2, use with certification rate. If not, use without certification rate. A Zone with estimated BFE2: Use Post-FIRM rate table with the estimated base flood elevation category. If LF1 elevation is 2 or more feet below the estimated BFE2, submit the application to the NFIP for a rate. A Zone without estimated BFE2: If difference between the LF1 and HAG4 is 1 ft. or more, use Post-FIRM rate table no estimated base flood elevation category. If difference is 0 or less, submit the application to the NFIP for a rate. LFG 18 May 1, 2008 LFG 19 May 1, 2008 LF (C2.a) NON-ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES A, AO, AND AH 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 2 5 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 3 6 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor and finished or unfinished basement (See Elevation Certificate, Diagram 2) Machinery or Equipment Servicing Building With or without machinery or equipment in the basement Lowest Floor for Rating Top of bottom floor (including basement or enclosure) Application Should Show Building Type— Two floors Basement— Finished or unfinished Is Building Elevated?— No Pre-FIRM Rating AO Zone: Use Pre-FIRM rate table with basement category. AH Zone: Use Pre-FIRM rate table with basement category. A Zone: Use Pre-FIRM rate table with basement category. Post-FIRM Rating Submit the application to the NFIP for a rate. NON-ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES A, AO, AND AH 1 LF.Lowest Floor 4 HAG.Highest Adjacent Grade 2 BFE.Base Flood Elevation 5 See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. LF (C2.a) Building Description One floor on slab (See Elevation Certificate, Diagram 1) Machinery or Equipment Servicing Building N/A Lowest Floor for Rating Top of bottom floor Application Should Show Building Type— One floor Basement— None Is Building Elevated?— No Pre-FIRM Rating5 AO Zone: If difference between LF1 and HAG4 is equal to or greater than Base Flood Depth, use with certification rate. If not, use Pre- FIRM rate table; no basement/enclosure category. AH Zone: If LF1 elevation is equal to or greater than BFE2, use with certification rate. If LF1 elevation is less than BFE2, use Pre-FIRM rate table. A Zone with estimated BFE2: If LF1 elevation is equal to or greater than the estimated BFE2, use Post-FIRM rate table with the estimated base flood elevation category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table no basement/enclosure category. A Zone without estimated BFE2: If difference between the LF1 and HAG4 is 2 ft. or more, use Post-FIRM no estimated base flood elevation rate table. If the difference is 1 ft. or less, use Pre-FIRM rate table no basement/enclosure category. Post-FIRM Rating AO Zone: If difference between LF1 and HAG4 is equal to or greater than Base Flood Depth, use with certification rate. If not, use without certification rate. AH Zone: If LF1 elevation is greater than or equal to BFE2, use with certification rate. If not, use without certification rate. A Zone with estimated BFE2: Use Post-FIRM rate table with the estimated base flood elevation category. If LF1 elevation is 2 or more feet below the estimated BFE2, submit the application to the NFIP for a rate. A Zone without estimated BFE2: If difference between the LF1 and HAG4 is 1 ft. or more, use Post-FIRM rate table no estimated base flood elevation category. If difference is 0 or less, submit the application to the NFIP for a rate. LFG 20 May 1, 2008 LFG 21 May 1, 2008 LF (C2.a) LF (C2.d) NON-ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES A, AO, AND AH 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 25 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 36 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description Two floors with garage on slab (See Elevation Certificate, Diagram 1) Machinery or Equipment Servicing Building Machinery or equipment in garage. Lowest Floor for Rating Top of finished floor if the garage is used for parking vehicle and storage and the machinery/equipment is at or above the BFE, or if the machinery/equipment is below the BFE and the garage is properly vented. Application Should Show Building Type—Two floors Basement—None Is Building Elevated?—No Pre-FIRM Rating5 AO Zone: If difference between LF1 AND HAG4 is equal to or greater than Base Flood Depth, use with certification rate. If not, use Pre- FIRM rate table; no basement/enclosure category. AH Zone: If LF1 elevation is equal to or greater than BFE2, use with certification rate. If LF1 elevation is less than BFE2, use Pre-FIRM rate table. A Zone with estimated BFE2: If LF1 elevation is equal to or greater than the estimated BFE2, use Post-FIRM rate table with the estimated base flood elevation category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table no basement/enclosure category. A Zone without estimated BFE2: If difference between the LF1 and HAG4 is 2 ft. or more, use Post-FIRM no estimated base flood elevation rate table. If the difference is 1 ft. or less, use Pre-FIRM rate table no basement/enclosure category. Post-FIRM Rating AO Zone: If difference between LF1 and HAG4 is equal to or greater than Base Flood Depth, use with certification rate. If not, use without certification rate. AH Zone: If LF1 elevation is greater than or equal to BFE2, use with certification rate. If not, use without certification rate. A Zone with estimated BFE2: Use Post-FIRM rate table with the estimated base flood elevation category. If LF1 elevation is 2 or more feet below the estimated BFE2, submit the application to the NFIP for a rate. A Zone without estimated BFE2: If difference between the LF1 and HAG4 is 1 ft. or more, use Post-FIRM rate table no estimated base flood elevation category. If difference is 0 or less, submit the application to the NFIP for a rate. NON-ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES AE AND A1-A30 1 LF. Lowest Floor 4 HAG.Highest Adjacent Grade 2 BFE.Base Flood Elevation 5 See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. LF (C2.a) Building Description One floor on slab (See Elevation Certificate, Diagram 1) Machinery or Equipment Servicing Building N/A Lowest Floor for Rating Top of bottom floor Application Should Show Building Type—One floor Basement—None Is Building Elevated?—No Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate table no basement/enclosure category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table no basement/enclosure category. Post-FIRM Rating Use Post-FIRM rate table no basement/enclosure category. If LF1 elevation is 2 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 22 May 1, 2008 LFG 23 May 1, 2008 NON-ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES AE AND A1-A30 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 25 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 36 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description Two floors on slab with attached garage (See Elevation Certificate, Diagram 1) Machinery or Equipment Servicing Building Machinery or equipment in garage Lowest Floor for Rating Top of finished floor if the garage is used for parking vehicle and storage and the machinery/equipment is at or above the BFE, or if the M/E is below the BFE and the garage is properly vented. Application Should Show Building Type— Two floors Basement— None Is Building Elevated?— No Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate table no basement/enclosure category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table no basement/enclosure category. Post-FIRM Rating Use Post-FIRM rate table no basement/enclosure category. If LF1 elevation is 2 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 24 May 1, 2008 LF (C2.a) NON-ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES AE AND A1-A30 1 LF.Lowest Floor 4 HAG.Highest Adjacent Grade 2 BFE.Base Flood Elevation 5 See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description Two floors and unfinished basement/subgrade crawl space. Basement/subgrade crawl space floor is no more than 2 feet below grade, and the distance between the basement/subgrade crawl space floor and the top of the next higher floor is no more than 5 feet. Machinery or Equipment Servicing Building With or without machinery or equipment Lowest Floor for Rating Basement/subgrade crawl space Application Should Show Building Type. Three or more floors Is Building Elevated?. No Basement— Unfinished Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate table with basement/enclosure category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table with basement category. Pre-FIRM buildings with subgrade crawl space(s) may use optional Post-FIRM elevation rating provided that the lowest floor is below the Base Flood Elevation (BFE). The building must be reported statistically as a Submit-for-Rate using Risk Rating Method “2.” Follow the procedures from the Specific Rating Guidelines for policy processing. Post-FIRM Rating Use Post-FIRM rate table with basement/enclosure category. If LF1 elevation is 1 or more feet below the BFE2, submit the application to the NFIP for a rate. See "G. Crawl Space" on page RATE 24. LFG 25 May 1, 2008 LF (C2.a) NON-ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES AE AND A1-A30 1 LF.Lowest Floor 4 HAG.Highest Adjacent Grade 2 BFE.Base Flood Elevation 5 See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description Two floors and unfinished basement/subgrade crawl space. Basement/subgrade crawl space floor is subgrade more than 2 feet, or subgrade no more than 2 feet, but the distance between the basement/subgrade crawl space floor and the top of the next higher floor is more than 5 feet. Machinery or Equipment Servicing Building With or without machinery or equipment Lowest Floor for Rating Basement/subgrade crawl space Application Should Show Building Type. Three or more floors Is Building Elevated?. No Basement— Unfinished Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate table with basement/enclosure category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table with basement category. Pre-FIRM buildings with subgrade crawl space(s) may use optional Post-FIRM elevation rating provided that the lowest floor is below the Base Flood Elevation (BFE). The building must be reported statistically as a Submit- for-Rate using Risk Rating Method “2.” Follow the procedures from the Specific Rating Guidelines for policy processing. Post-FIRM Rating Use Post-FIRM rate table with basement/enclosure category. If LF1 elevation is 2 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 26 May 1, 2008 LF (C2.a) LF (C2.d) NON-ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES AE AND A1-A30 1 LF.Lowest Floor 4 HAG.Highest Adjacent Grade 2 BFE.Base Flood Elevation 5 See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor with attached garage Garage is at lower elevation than principal building area (See Elevation Certificate, Diagram 1) Machinery or Equipment Servicing Building Machinery or equipment in garage Lowest Floor for Rating Top of slab of principal building area only if the garage is used for parking vehicle and storage and the machinery/equipment is at or above the BFE, or if the M/E is below the BFE and the garage is properly vented. Application Should Show Building Type— One floor Basement— None Is Building Elevated?— No Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate table no basement/enclosure category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table no basement/enclosure category. Post-FIRM Rating Use Post-FIRM rate table no basement/enclosure category. If LF1 elevation is 2 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 27 May 1, 2008 LF (C2.a) NON-ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES AE AND A1-A30 1 LF.Lowest Floor 4 HAG.Highest Adjacent Grade 2 BFE.Base Flood Elevation 5 See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description Split level with unfinished or finished basement (See Elevation Certificate, Diagram 4) Machinery or Equipment Servicing Building With or without machinery or equipment in basement Lowest Floor for Rating Top of bottom floor (including basement) Application Should Show Building Type— Split level Basement— Finished or unfinished Is Building Elevated?— No Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE, use Post-FIRM rate table with basement/enclosure category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table with basement category. Post-FIRM Rating Use Post-FIRM rate table with basement/enclosure category. If LF1 elevation is 2 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 28 May 1, 2008 LF (C2.a) (WITH WALKOUT AT GROUND LEVEL) ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES AE AND A1-A30 1 LF.Lowest Floor 4 HAG.Highest Adjacent Grade 2 BFE.Base Flood Elevation 5 See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description Two floors with walkout at ground level Lower floor is not below grade on all sides Principal use of the building is on the elevated floor (See Elevation Certificate, Diagram 7) Elevating Foundation of Building Solid perimeter walls Type of Enclosure Load-bearing walls No openings Finished or unfinished lower level Machinery or Equipment Servicing Building With or without machinery or equipment at ground level Lowest Floor for Rating Top of bottom floor (enclosure) Application Should Show Building Type — Two floors Is Building Elevated? — Yes Is area below the elevated floor enclosed? — Yes Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate table with basement/enclosure category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table with enclosure category. Post-FIRM Rating Use Post-FIRM rate table with basement/enclosure category. If LF1 elevation is 1 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 29 May 1, 2008 LF (C2.a) ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES AE AND A1-A30 1 4 LF. Lowest Floor HAG.Highest Adjacent Grade 25 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 36 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor without enclosed area (See Elevation Certificate, Diagram 5) Elevating Foundation of Building Piers, posts, piles, or columns Type of Enclosure No enclosure Machinery or Equipment Servicing Building With or without machinery or equipment below the lowest elevated floor Lowest Floor for Rating Top of lowest elevated floor Application Should Show Building Type— One floor Is Building Elevated?— Yes Is area below the elevated floor enclosed?— No Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate table no basement/enclosure category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table no basement/enclosure category. Post-FIRM Rating Use Post-FIRM rate table no basement/enclosure category. If LF1 elevation is 2 or more feet below the BFE2, submit the application to the NFIP for a rate. ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES AE AND A1-A30 1 LF.Lowest Floor 4 HAG.Highest Adjacent Grade 2 BFE.Base Flood Elevation 5 See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. LF (C2.b) OPENINGS (A8.c) Building Description One floor and unfinished enclosed area (See Elevation Certificate, Diagram 6) Elevating Foundation of Building Piers, posts, piles, or columns Type of Enclosure Designed with proper openings3 Machinery or Equipment Servicing Building With or without machinery or equipment Lowest Floor for Rating Top of the next higher floor (elevated floor) Application Should Show Building Type— One floor Is Building Elevated?— Yes Is area below the elevated floor enclosed?— No Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate table no basement/enclosure category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table no basement/enclosure category. Post-FIRM Rating Use Post-FIRM rate table no basement/enclosure category. If LF1 elevation is 2 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 30 May 1, 2008 LFG 31 May 1, 2008 Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate LF (C2.a) ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES AE AND A1-A30 1 LF.Lowest Floor 4 HAG.Highest Adjacent Grade 2 BFE.Base Flood Elevation 5 See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate NOTE: Above references may not apply to this page. Building Description Two floors and unfinished enclosed area Elevating Foundation of Building Solid load-bearing walls. No openings Type of Enclosure Unfinished crawl space. Attached garage at lower level than crawl space; garage above lowest adjacent grade Machinery or Equipment Servicing Building With or without machinery or equipment Lowest Floor for Rating Top of bottom floor (garage) Application Should Show Building Type. Three or more floors Is Building Elevated?. Yes Is area below the elevated floor enclosed?. Yes Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate table with basement/enclosure category. If LF1 elevation is less than the BFE2, use Pre-FIRM rate table with enclosure category. Post-FIRM Rating Use Post-FIRM rate table with basement/enclosure category. If LF1 elevation is 1 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 32 May 1, 2008 LF (C2.a) ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES AE AND A1-A30 1 4 LF. Lowest Floor HAG.Highest Adjacent Grade 2 5 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 3 6 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor and finished or unfinished enclosed area (See Elevation Certificate, Diagram 6) Elevating Foundation of Building Piers, posts, piles, or columns Type of Enclosure Nonload-bearing walls No openings3 Machinery or Equipment Servicing Building With or without machinery or equipment Lowest Floor for Rating Top of bottom floor (including basement or enclosure) Application Should Show Building Type— Two floors Is Building Elevated?— Yes Is area below the elevated floor enclosed?—Yes Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate table with basement/enclosure category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table with enclosure category. Post-FIRM Rating Use Post-FIRM rate table with basement/enclosure category. If LF1 elevation is 1 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 33 May 1, 2008 LF (C2.a) ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES AE AND A1-A30 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 25 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 36 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor and unfinished enclosed area (See Elevation Certificate, Diagram 7) Elevating Foundation of Building Solid perimeter load-bearing walls Type of Enclosure Unfinished enclosure No proper openings3 Machinery or Equipment Servicing Building With or without machinery or equipment Lowest Floor for Rating Top of bottom floor (including basement or enclosure) Application Should Show Building Type— Two floors Is Building Elevated?— Yes Is area below the elevated floor enclosed?— Yes Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate table with basement/enclosure category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table with enclosure category. Post-FIRM Rating Use Post-FIRM rate table with basement/enclosure category. If LF1 elevation is 1 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 34 May 1, 2008 LF (C2.a) LF (C2.a) ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES AE AND A1-A30 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 25 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 36 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description Two floors with crawl space (See Elevation Certificate, Diagram 8) Elevating Foundation of Building Solid or partial perimeter walls Type of Enclosure Enclosed garage at same level as crawl space Unfinished crawl space without proper openings3 Floor of crawl space is at or above lowest adjacent grade Machinery or Equipment Servicing Building With or without machinery or equipment Lowest Floor for Rating Floor of crawl space and garage Application Should Show Building Type— Three or more floors Is Building Elevated?— Yes Is area below the elevated floor enclosed?— Yes Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate table with basement/enclosure category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table with enclosure category. Post-FIRM Rating Use Post-FIRM rate table with basement/enclosure category. If LF1 elevation is 1 or more feet below the BFE2, submit the application to the NFIP for a rate. ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES AE AND A1-A30 1 LF.Lowest Floor 4 HAG.Highest Adjacent Grade 2 BFE.Base Flood Elevation 5 See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate OPENINGS (A8.c), (A9.c)LF (C2.b) Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description Two floors with crawl space (See Elevation Certificate, Diagram 8) Elevating Foundation of Building Solid or partial perimeter walls Type of Enclosure Unfinished crawl space and garage designed with proper openings3 Floor of crawl space is at or above lowest adjacent grade Garage at same level as crawl space Machinery or Equipment Servicing Building Without machinery or equipment in crawl space Lowest Floor for Rating Top of next higher floor Application Should Show Building Type— Two floors Is Building Elevated?— Yes Is area below the elevated floor enclosed?— No Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate table no basement/enclosure category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table no basement/enclosure category. Post-FIRM Rating Use Post-FIRM rate table no basement/enclosure category. If LF1 elevation is 2 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 35 May 1, 2008 LFG 36 May 1, 2008 OPENINGS (A8.c) LF (C2.b) ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES AE AND A1-A30 1 LF.Lowest Floor 4 HAG.Highest Adjacent Grade 2 BFE.Base Flood Elevation 5 See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description Two floors with crawl space (See Elevation Certificate, Diagram 8) Elevating Foundation of Building Solid or partial perimeter walls Type of Enclosure Unfinished crawl space designed with proper openings3 Floor of crawl space is at or above lowest adjacent grade Machinery or Equipment Servicing Building With or without machinery or equipment in crawl space Lowest Floor for Rating Top of next higher floor Application Should Show Building Type— Two floors Is Building Elevated?— Yes Is area below the elevated floor enclosed?— No Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate table no basement/enclosure category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table no basement/enclosure category. Post-FIRM Rating Use Post-FIRM rate table no basement/enclosure category. If LF1 elevation is 2 or more feet below the BFE2, submit the application to the NFIP for a rate. ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES AE AND A1-A30 1 LF.Lowest Floor 4 HAG.Highest Adjacent Grade 2 BFE.Base Flood Elevation 5 See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate LF (C2.a) Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description Two floors with crawl space (See Elevation Certificate, Diagram 8) Elevating Foundation of Building Solid or partial perimeter walls Type of Enclosure Unfinished crawl space without proper openings3 Floor of crawl space is at or above lowest adjacent grade Machinery or Equipment Servicing Building With or without machinery or equipment Lowest Floor for Rating Top of bottom floor (crawl space) Application Should Show Building Type— Three or more floors Is Building Elevated?— Yes Is area below the elevated floor enclosed?— Yes Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate table with basement/enclosure category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table with enclosure category. Post-FIRM Rating Use Post-FIRM rate table with basement/enclosure category. If LF1 elevation is 1 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 37 May 1, 2008 LF (C2.a) ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS IN FLOOD ZONES AE AND A1-A30 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 2 5 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 3 6 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description Mobile home without enclosed area Elevating Foundation of Building Piers, posts, piles, or columns Type of Enclosure Vinyl skirting Machinery or Equipment Servicing Building With or without machinery or equipment below elevated floor Lowest Floor for Rating Top of lowest elevated floor Application Should Show Building Type. Mobile home Is Building Elevated?. Yes Is area below the elevated floor enclosed?. No Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate if favorable. Manufactured (Mobile) Home rates must be used. If LF1 elevation is less than BFE2, use Pre-FIRM rate table no basement/enclosure category. Post-FIRM Rating Use Post-FIRM Manufactured (Mobile) Home rates. If LF1 elevation is 1 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 38 May 1, 2008 LFG 39 May 1, 2008 LF (C2.c) NON-ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS WITH CONSTRUCTION DATES OF 1975 TO SEPTEMBER 30, 1981, IN FLOOD ZONES VE AND V1-V306 1 LF.Lowest Floor 4 HAG.Highest Adjacent Grade 2 BFE.Base Flood Elevation 5 See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor No basement (See Elevation Certificate, Diagram 1) Lowest Floor for Rating Bottom of slab In V zones, the lowest floor for rating should reflect the bottom of the lowest horizontal structural member. If the surveyor used item C2.a in lieu of C2.c of the Elevation Certificate, and the top of the bottom floor is at or above grade, deduct (for 1-4 family residences) 12 inches from the elevation figure found in item C2.a. For buildings other than 1-4 family, deduct 18 inches from the elevation figure found in item C2.a. Application Should Show Building Type— One floor Basement— None Is Building Elevated?— No Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate if favorable. Use no basement/enclosure rate category. If LF1 elevation is less than the BFE2, use Pre-FIRM rate table no basement/enclosure category. Post-FIRM Rating 1975 to September 30, 1981 Construction Date Use Post-FIRM ‘75-’81 VE, V1-V30 Zone no basement/enclosure rates. If LF1 elevation is 2 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 40 May 1, 2008 LF (C2.a) LF (C2.d) NON-ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS WITH CONSTRUCTION DATES OF 1975 TO SEPTEMBER 30, 1981, IN FLOOD ZONES VE AND V1-V306 1 LF.Lowest Floor 4 HAG.Highest Adjacent Grade 2 BFE.Base Flood Elevation 5 See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor with attached garage Garage is at lower elevation than principal building area (See Elevation Certificate, Diagram 1) Lowest Floor for Rating In V zones, the lowest floor for rating should reflect the bottom of the slab. If the surveyor used item C2. a or d (attached garage/top of slab) in lieu of C2.c of the Elevation Certificate, and the top of the bottom floor is at or above the lowest adjacent grade (C2.f), deduct (for 1-4 family residences) 12 inches from the elevation figure found in item C2. a or d, whichever is lower. For buildings other than 1-4 family, deduct 18 inches from the elevation figure found in item C2. a or d, whichever is lower. Application Should Show Building Type— One floor Basement— None Is Building Elevated?— No Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate if favorable. Use no basement/enclosure rate category. If LF1 elevation is less than the BFE2, use Pre-FIRM rate table no basement/enclosure category. Post-FIRM Rating 1975 to September 30, 1981 Construction Date Use Post-FIRM ‘75-81 VE, V1-V30 Zone no basement/enclosure rates. If LF1 elevation is 2 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 41 May 1, 2008 LF (C2.c) NON-ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS WITH CONSTRUCTION DATES OF 1975 TO SEPTEMBER 30, 1981, IN FLOOD ZONES VE AND V1-V306 1 LF.Lowest Floor 4 HAG.Highest Adjacent Grade 2 BFE.Base Flood Elevation 5 See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description Three floors Finished basement (See Elevation Certificate, Diagram 2) Lowest Floor for Rating Bottom of slab (basement) In V zones, the lowest floor for rating should reflect the bottom of the lowest horizontal structural member. If the surveyor used item C2.a in lieu of C2.c of the Elevation Certificate, and the top of the bottom floor is indicated in the Elevation Certificate, deduct (for 1-4 family residences) 12 inches from the elevation figure found in item C2.a. For buildings other than 1-4 family, deduct 18 inches from the elevation figure found in item C2.a. Application Should Show Building Type— Three or more floors Basement— Finished Is Building Elevated?— No Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate if favorable. Use with basement/enclosure rate category. If LF1 elevation is less than the BFE2, use Pre-FIRM rate table with basement category. Post-FIRM Rating 1975 to September 30, 1981 Construction Date Use Post-FIRM ‘75-’81 VE, V1-V30 Zone with basement/enclosure rates. If LF1 elevation is 2 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 42 May 1, 2008 LF (C2.c) NON-ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS WITH CONSTRUCTION DATES OF 1975 TO SEPTEMBER 30, 1981, IN FLOOD ZONES VE AND V1-V306 1 LF.Lowest Floor 4 HAG.Highest Adjacent Grade 2 BFE.Base Flood Elevation 5 See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description Split level Unfinished basement (See Elevation Certificate, Diagram 4) Lowest Floor for Rating Bottom of slab (basement) In V zones, the lowest floor for rating should reflect the bottom of the lowest horizontal structural member. If the surveyor used item C2.a in lieu of C2.c of the Elevation Certificate, and the top of the bottom floor is indicated in the Elevation Certificate, deduct (for 1-4 family residences) 12 inches from the elevation figure found in item C2.a. For buildings other than 1-4 family, deduct 18 inches from the elevation figure found in item C2.a. Application Should Show Building Type— Split level Basement— Unfinished Is Building Elevated?— No Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate if favorable. Use with basement/enclosure rate category. If LF1 elevation is less than the BFE2, use Pre-FIRM rate table with basement category. Post-FIRM Rating 1975 to September 30, 1981 Construction Date Use Post-FIRM ‘75-’81 VE, V1-V30 Zone with basement/enclosure rates. If LF1 elevation is 2 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 43 May 1, 2008 LF (C2.c) (WITH WALKOUT AT GROUND LEVEL) ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS WITH CONSTRUCTION DATES OF 1975 TO SEPTEMBER 30, 1981, IN FLOOD ZONES VE AND V1-V30 1 LF.Lowest Floor 4 HAG.Highest Adjacent Grade 2 BFE.Base Flood Elevation 5 See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description Two floors with walkout at ground level Lower floor is not below grade on all sides Principal use of the building is on the elevated floor (See Elevation Certificate, Diagram 7) Elevating Foundation of Building Solid perimeter walls Type of Enclosure Finished or unfinished lower level Machinery or Equipment Servicing Building With or without machinery or equipment below elevated floor Lowest Floor for Rating Bottom of slab In V zones, the lowest floor for rating should reflect the bottom of the lowest horizontal structural member. If the surveyor used item C2.a in lieu of C2.c of the Elevation Certificate, and the top of the bottom floor is at or above the lowest adjacent grade (C2.f), deduct (for 1-4 family residences) 12 inches from the elevation figure found in item C2.a. For buildings other than 1-4 family, deduct 18 inches from the elevation figure found in item C2.a. Application Should Show Building Type — Two floors Is Building Elevated? — Yes Is area below the elevated floor enclosed? — Yes Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate if favorable. Use with basement/enclosure rate category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table with enclosure category. Post-FIRM Rating Use Post-FIRM rate table with basement/enclosure category. If LF1 elevation is 1 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 44 May 1, 2008 LF (C2.c) ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS WITH CONSTRUCTION DATES OF 1975 TO SEPTEMBER 30, 1981, IN FLOOD ZONES VE AND V1-V30 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 25 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 36 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor without enclosed area (See Elevation Certificate, Diagram 5) Elevating Foundation of Building Piers, posts, piles, or columns Type of Enclosure The space below the lowest elevated floor either has no enclosure or has: (1) Insect screening, provided that no additional supports are required for the screening; or (2) Wooden or plastic lattice with at least 40 percent of its area open and made of material no thicker than ½ inch; or (3) Wooden or plastic slats or shutters with at least 40 percent of their area open and made of material no thicker than 1 inch. Any of these systems must be designed and installed to collapse under stress without jeopardizing the structural support of the building, so that the impact on the building of abnormally high tides or wind-driven water is minimized. Any machinery or equipment below the lowest elevated floor must be at or above the BFE. Machinery or Equipment Servicing Building With or without machinery or equipment below elevated floor Lowest Floor for Rating Bottom of lowest horizontal structural member Application Should Show Building Type— One floor Is Building Elevated?— Yes Is area below the elevated floor enclosed?— No Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate if favorable. Use no basement/enclosure rate category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table no basement/enclosure category. Post-FIRM Rating Use Post-FIRM ‘75-’81 VE, V1-V30 Zone no basement/enclosure rates. If LF1 elevation is 2 or more feet below the BFE2, submit the application to the NFIP for a rate. LF (C2.c) ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS WITH CONSTRUCTION DATES OF 1975 TO SEPTEMBER 30, 1981, IN FLOOD ZONES VE AND V1-V30 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 2 5 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 3 6 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description Mobile home without enclosed area Elevating Foundation of Building Piers, posts, piles, or columns Type of Enclosure Vinyl skirting Machinery or Equipment Servicing Building With or without machinery or equipment below elevated floor Lowest Floor for Rating Bottom of lowest horizontal structural member Application Should Show Building Type. Mobile home Is Building Elevated?. Yes Is area below the elevated floor enclosed?. No Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate if favorable. Manufactured (Mobile) Home rates must be used. If LF1 elevation is less than the BFE2, use Pre-FIRM rate table no basement/enclosure category. Post-FIRM Rating Use Post-FIRM ‘75-’81 VE, V1-V30 zone Manufactured (Mobile) Home rates. If LF1 elevation is 1 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 45 May 1, 2008 LFG 46 May 1, 2008 LF (C2.c) ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS WITH CONSTRUCTION DATES OF 1975 TO SEPTEMBER 30, 1981, IN FLOOD ZONES VE AND V1-V30 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 25 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 36 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor and unfinished enclosed area (See Elevation Certificate, Diagram 6) Elevating Foundation of Building Piers, posts, piles, or columns Type of Enclosure Enclosure (total area less than 300 sq. ft.) with breakaway walls Machinery or Equipment Servicing Building No machinery or equipment below elevated floor Lowest Floor for Rating Bottom of lowest horizontal structural member Application Should Show Building Type— One floor Is Building Elevated?— Yes Is area below the elevated floor enclosed?— No Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate if favorable. Use no basement/enclosure rate category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table with enclosure category and describe the building as an elevated building with enclosure. Post-FIRM Rating Use Post-FIRM ‘75-’81 VE, V1-V30 Zone no basement/enclosure rate category. If LF1 elevation is 2 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 47 May 1, 2008 LF (C2.c) ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS WITH CONSTRUCTION DATES OF 1975 TO SEPTEMBER 30, 1981, IN FLOOD ZONES VE AND V1-V30 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 25 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 36 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor and unfinished enclosed area (See Elevation Certificate, Diagram 6) Elevating Foundation of Building Piers, posts, piles, or columns Type of Enclosure Enclosure (total area less than 300 sq. ft.) with breakaway walls Machinery or Equipment Servicing Building With machinery or equipment below elevated floor Lowest Floor for Rating Bottom of slab In V zones, the lowest floor for rating should reflect the bottom of the lowest horizontal structural member. If the surveyor used item C2.a in lieu of C2.c of the Elevation Certificate, and the top of the bottom floor is at or above the lowest adjacent grade (C2.f), deduct (for 1-4 family residences) 12 inches from the elevation figure found in item C2.a. For buildings other than 1-4 family, deduct 18 inches from the elevation figure found in item C2.a. Application Should Show Building Type— Two floors Is Building Elevated?— Yes Is area below the elevated floor enclosed?— Yes Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate if favorable. Use with basement/enclosure rate category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table with enclosure category. Post-FIRM Rating Use Post-FIRM ‘75-’81 VE, V1-V30 Zone with basement/enclosure rate category. If LF1 elevation is 1 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 48 May 1, 2008 LF (C2.c) ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS WITH CONSTRUCTION DATES OF 1975 TO SEPTEMBER 30, 1981, IN FLOOD ZONES VE AND V1-V30 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 25 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 36 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor and finished or unfinished enclosed area (See Elevation Certificate, Diagram 6) Elevating Foundation of Building Piers, posts, piles, or columns Type of Enclosure Enclosure (total area 300 sq. ft. or more) with nonbreakaway walls or with breakaway walls Machinery or Equipment Servicing Building With or without machinery or equipment below elevated floor Lowest Floor for Rating Bottom of slab In V zones, the lowest floor for rating should reflect the bottom of the lowest horizontal structural member. If the surveyor used item C2.a in lieu of C2.c of the Elevation Certificate, and the top of the bottom floor is at or above the lowest adjacent grade (C2.f), deduct (for 1-4 family residences) 12 inches from the elevation figure found in item C2.a. For buildings other than 1-4 family, deduct 18 inches from the elevation figure found in item C2.a. Application Should Show Building Type— Two floors Is Building Elevated?— Yes Is area below the elevated floor enclosed?— Yes Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate if favorable. Use with basement/enclosure rate category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table with enclosure category. Post-FIRM Rating Use Post-FIRM ‘75-’81 VE, V1-V30 Zone with basement/enclosure rate category. If LF1 elevation is 1 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 49 May 1, 2008 LF (C2.c) ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS WITH CONSTRUCTION DATES OF 1975 TO SEPTEMBER 30, 1981, IN FLOOD ZONES VE AND V1-V30 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 25 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 36 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor and finished or unfinished enclosed area (See Elevation Certificate, Diagram 6) Elevating Foundation of Building Shear walls parallel to the expected flow of floodwaters Type of Enclosure Both ends enclosed with nonbreakaway walls or breakaway walls (total enclosed area 300 sq. ft. or more) Machinery or Equipment Servicing Building With or without machinery or equipment below elevated floor Lowest Floor for Rating Bottom of slab In V zones, the lowest floor for rating should reflect the bottom of the lowest horizontal structural member. If the surveyor used item C2.a in lieu of C2.c of the Elevation Certificate, and the top of the bottom floor is at above the lowest adjacent grade (C2.f), deduct (for 1-4 family residences) 12 inches from the elevation figure found in item C2.a. For buildings other than 1-4 family, deduct 18 inches from the elevation figure found in item C2.a. Application Should Show Building Type— Two floors Is Building Elevated?— Yes Is area below the elevated floor enclosed?— Yes Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate if favorable. Use with basement/enclosure rate category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table with enclosure category. Post-FIRM Rating Use Post-FIRM ‘75-’81 VE, V1-V30 Zone with basement/enclosure rate category. If LF1 elevation is 1 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 50 May 1, 2008 LF (C2.c) ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS WITH CONSTRUCTION DATES OF 1975 TO SEPTEMBER 30, 1981, IN FLOOD ZONES VE AND V1-V30 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 25 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 36 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor and finished or unfinished enclosed area (See Elevation Certificate, Diagram 7) Elevating Foundation of Building Solid perimeter load-bearing walls Type of Enclosure Finished or unfinished enclosure Machinery or Equipment Servicing Building With or without machinery or equipment below elevated floor Lowest Floor for Rating Bottom of slab In V zones, the lowest floor for rating should reflect the bottom of the lowest horizontal structural member. If the surveyor used item C2.a in lieu of C2.c of the Elevation Certificate, and the top of the bottom floor is at or above the lowest adjacent grade (C2.f), deduct (for 1-4 family residences) 12 inches from the elevation figure found in item C2.a. For buildings other than 1-4 family, deduct 18 inches from the elevation figure found in item C2.a. Application Should Show Building Type— Two floors Is Building Elevated?— Yes Is area below the elevated floor enclosed?— Yes Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate if favorable. Use with basement/enclosure rate category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table with enclosure category. Post-FIRM Rating Use Post-FIRM ‘75-’81 VE, V1-V30 Zone with basement/enclosure rate category. If LF1 elevation is 1 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 51 May 1, 2008 LF (C2.a) OPENINGS (A8.c) ELEVATED BUILDINGS PRE- AND POST-FIRM RISKS WITH CONSTRUCTION DATES OF 1975 TO SEPTEMBER 30, 1981, IN FLOOD ZONES VE AND V1-V30 1 LF.Lowest Floor 4 HAG.Highest Adjacent Grade 2 BFE.Base Flood Elevation 5 See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description Two floors with crawl space (See Elevation Certificate, Diagram 8) Elevating Foundation of Building Solid perimeter load-bearing walls Type of Enclosure Unfinished crawl space Machinery or Equipment Servicing Building With or without machinery or equipment below elevated floor Lowest Floor for Rating Top of the bottom floor (crawl space) Application Should Show Building Type— Three or more floors Is Building Elevated?— Yes Is area below the elevated floor enclosed?— Yes Pre-FIRM Rating5 If LF1 elevation is equal to or greater than the BFE2, use Post-FIRM rate if favorable. Use with basement/enclosure rate category. If LF1 elevation is less than BFE2, use Pre-FIRM rate table with enclosure category. Post-FIRM Rating Use Post-FIRM ‘75-’81 VE, V1-V30 Zone with basement/enclosure rate category. If LF1 elevation is 1 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 52 May 1, 2008 LF (C2.c) ELEVATED BUILDINGS POST-FIRM RISKS IN FLOOD ZONES VE AND V1-V30— CONSTRUCTION DATE OCTOBER 1, 1981, AND AFTER 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 25 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 36 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor without enclosed area (See Elevation Certificate, Diagram 5) Elevating Foundation of Building Piers, posts, piles, or columns Type of Enclosure The space below the lowest elevated floor either has no enclosure or has: (1) Insect screening, provided that no additional supports are required for the screening; or (2) Wooden or plastic lattice with at least 40 percent of its area open and made of material no thicker than ½ inch; or (3) Wooden or plastic slats or shutters with at least 40 percent of their area open and made of material no thicker than 1 inch. Any of these systems must be designed and installed to collapse under stress without jeopardizing the structural support of the building, so that the impact on the building of abnormally high tides or wind-driven water is minimized. Any machinery or equipment below the lowest elevated floor must be at or above the BFE. Machinery or Equipment Servicing Building No machinery or equipment below elevated floor Lowest Floor for Rating Bottom of lowest horizontal structural member Application Should Show Building Type— One floor Is Building Elevated?— Yes Is area below the elevated floor enclosed?— No V-Zone Rating; Construction Date October 1, 1981 and After Use 1981 Post-FIRM V1-V30, VE Zone Free of Obstruction rates. If LF1 elevation is 4 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 53 May 1, 2008 LF (C2.c) ELEVATED BUILDINGS POST-FIRM RISKS IN FLOOD ZONES VE AND V1-V30— CONSTRUCTION DATE OCTOBER 1, 1981, AND AFTER 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 25 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 36 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor without enclosed area (See Elevation Certificate, Diagram 5) Elevating Foundation of Building Piers, posts, piles, or columns Type of Enclosure No enclosure or open-wood latticework or insect screening Machinery or Equipment Servicing Building With machinery or equipment at or above BFE Lowest Floor for Rating Bottom of lowest horizontal structural member Application Should Show Building Type— One floor Is Building Elevated?— Yes Is area below the elevated floor enclosed?— No V-Zone Rating; Construction Date October 1, 1981 and After Use 1981 Post-FIRM V1-V30, VE Zone Free of Obstruction rates. If LF1 elevation is 4 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 54 May 1, 2008 LF (C2.c) ELEVATED BUILDINGS POST-FIRM RISKS IN FLOOD ZONES VE AND V1-V30— CONSTRUCTION DATE OCTOBER 1, 1981, AND AFTER 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 25 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 3 6 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor and unfinished enclosed area (See Elevation Certificate, Diagram 6) Elevating Foundation of Building Piers, posts, piles, or columns Type of Enclosure Enclosure (total area less than 300 sq. ft.) with breakaway walls Machinery or Equipment Servicing Building Without machinery or equipment below elevated floor Lowest Floor for Rating Bottom of lowest horizontal structural member Application Should Show Building Type— Two floors Is Building Elevated?— Yes Is area below the elevated floor enclosed?— Yes V-Zone Rating; Construction Date October 1, 1981 and After Use 1981 Post-FIRM V1-V30, VE Zone With Obstruction rates. If LF1 elevation is 4 or more feet below the BFE2, submit the application to the NFIP for a rate. LFG 55 May 1, 2008 LF (C2.c) ELEVATED BUILDINGS POST-FIRM RISKS IN FLOOD ZONES VE AND V1-V30— CONSTRUCTION DATE OCTOBER 1, 1981, AND AFTER 1 LF.Lowest Floor 4 HAG.Highest Adjacent Grade 25 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor and unfinished enclosed area (See Elevation Certificate, Diagram 6) Elevating Foundation of Building Piers, posts, piles, or columns Type of Enclosure Enclosure (total area less than 300 sq. ft.) with breakaway walls Machinery or Equipment Servicing Building With machinery or equipment below BFE Lowest Floor for Rating Bottom of slab In V zones, the lowest floor for rating should reflect the bottom of the lowest horizontal structural member. If the surveyor used item C2.a in lieu of C2.c of the Elevation Certificate, and the top of the bottom floor is at or above the lowest adjacent grade, deduct (for 1-4 family residences) 12 inches from the elevation figure found in item C2.a. For buildings other than 1-4 family, deduct 18 inches from the elevation figure found in item C2.a. Application Should Show Building Type— Two floors Is Building Elevated?— Yes Is area below the elevated floor enclosed?— Yes V-Zone Rating; Construction Date October 1, 1981 and After Submit the application to the NFIP for a rate. LFG 56 May 1, 2008 LF (C2.c) ELEVATED BUILDINGS POST-FIRM RISKS IN FLOOD ZONES VE AND V1-V30— CONSTRUCTION DATE OCTOBER 1, 1981, AND AFTER 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 25 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 36 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor and finished or unfinished enclosed area (See Elevation Certificate, Diagram 6) Elevating Foundation of Building Piers, posts, piles, or columns Type of Enclosure Enclosure (total area 300 sq. ft. or more) with nonbreakaway walls or breakaway walls Machinery or Equipment Servicing Building With or without machinery or equipment below elevated floor Lowest Floor for Rating Bottom of slab In V zones, the lowest floor for rating should reflect the bottom of the lowest horizontal structural member. If the surveyor used item C2.a in lieu of C2.c of the Elevation Certificate, and the top of the bottom floor is at or above the lowest adjacent grade (C2.f), deduct (for 1-4 family residences) 12 inches from the elevation figure found in item C2.a. For buildings other than 1-4 family, deduct 18 inches from the elevation figure found in item C2.a. Application Should Show Building Type— Two floors Is Building Elevated?— Yes Is area below the elevated floor enclosed?— Yes V-Zone Rating; Construction Date October 1, 1981 and After Submit the application to the NFIP for a rate. LFG 57 May 1, 2008 LF (C2.c) ELEVATED BUILDINGS POST-FIRM RISKS IN FLOOD ZONES VE AND V1-V30— CONSTRUCTION DATE OCTOBER 1, 1981, AND AFTER 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 25 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 36 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor and finished or unfinished enclosed area (See Elevation Certificate, Diagram 6) Elevating Foundation of Building Shear walls parallel to the expected flow of floodwaters Type of Enclosure Both ends enclosed with breakaway walls (total enclosed area 300 sq. ft. or more) Machinery or Equipment Servicing Building With or without machinery or equipment below elevated floor Lowest Floor for Rating Bottom of slab In V zones, the lowest floor for rating should reflect the bottom of the lowest horizontal structural member. If the surveyor used item C2.a in lieu of C2.c of the Elevation Certificate, and the top of the bottom floor is at or above the lowest adjacent grade (C2.f), deduct (for 1-4 family residences) 12 inches from the elevation figure found in item C2.a. For buildings other than 1-4 family, deduct 18 inches from the elevation figure found in item C2.a. Application Should Show Building Type— Two floors Is Building Elevated?— Yes Is area below the elevated floor enclosed?— Yes V-Zone Rating; Construction Date October 1, 1981 and After Submit the application to the NFIP for a rate. LFG 58 May 1, 2008 LF (C2.c) ELEVATED BUILDINGS POST-FIRM RISKS IN FLOOD ZONES VE AND V1-V30— CONSTRUCTION DATE OCTOBER 1, 1981, AND AFTER 1 4 LF.Lowest Floor HAG.Highest Adjacent Grade 25 BFE.Base Flood Elevation See page LFG 2 for optional elevation rating 36 See page LFG 1 for explanation of proper openings Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. Building Description One floor and finished or unfinished enclosed area (See Elevation Certificate, Diagram 7) Elevating Foundation of Building Solid perimeter load-bearing walls Type of Enclosure Finished or unfinished enclosure Machinery or Equipment Servicing Building With or without machinery or equipment below elevated floor Lowest Floor for Rating Bottom of slab In V zones, the lowest floor for rating should reflect the bottom of the lowest horizontal structural member. If the surveyor used item C2.a in lieu of C2.c of the Elevation Certificate, and the top of the bottom floor is at or above the lowest adjacent grade (C2.f), deduct (for 1-4 family residences) 12 inches from the elevation figure found in item C2.a. For buildings other than 1-4 family, deduct 18 inches from the elevation figure found in item C2.a. Application Should Show Building Type— Two floors Is Building Elevated?— Yes Is area below the elevated floor enclosed?— Yes V-Zone Rating; Construction Date October 1, 1981 and After Submit the application to the NFIP for a rate. ELEVATED BUILDINGS POST-FIRM RISKS IN FLOOD ZONES VE AND V1-V30— CONSTRUCTION DATE OCTOBER 1, 1981, AND AFTER 1 LF.Lowest Floor 4 HAG.Highest Adjacent Grade 2 BFE.Base Flood Elevation 5 See page LFG 2 for optional elevation rating 3 See page LFG 1 for explanation of proper openings 6 Non-elevated buildings with construction dates of October 1, 1981, and after are Submit-for-Rate Letters and numbers in parentheses, as “(A8.c)” or “(C2.a),” correspond to Section A or Section C of the Elevation Certificate NOTE: Above references may not apply to this page. OPENINGS (A8.c) LF (C2.a) Building Description Two floors with crawl space (See Elevation Certificate, Diagram 8) Elevating Foundation of Building Solid perimeter load-bearing walls Type of Enclosure Unfinished crawl space Machinery or Equipment Servicing Building With or without machinery or equipment below elevated floor Lowest Floor for Rating Top of the bottom floor (crawl space) Application Should Show Building Type— Three or more floors Is Building Elevated?— Yes Is area below the elevated floor enclosed?— Yes V-Zone Rating; Construction Date October 1, 1981 and After Submit the application to the NFIP for a rate. LFG 59 May 1, 2008 SPECIAL CERTIFICATIONS This section presents detailed instructions for the completion of the National Flood Insurance Program (NFIP) Elevation Certificate and the NFIP Floodproofing Certificates. NOTE: When determining the lowest floor for rating, refer to the Lowest Floor Guide section of this manual. I. NFIP ELEVATION CERTIFICATE The NFIP Elevation Certificate (EC) form and instructions were revised effective February 13, 2006. The surveyor, engineer, architect, property owner, or owner’s representative is required to provide the square footage of any crawl space or enclosure(s) below the lowest elevated floor (including an attached garage) and generally at least two photographs of the building when completing the EC to obtain flood insurance through the NFIP. This additional information will significantly enhance the agent’s and company underwriter’s ability to properly rate elevation-rated risks. The new EC form and instructions (shown on pages CERT 11-26) were phased in on a voluntary basis through December 31, 2006. Elevations certified on or after January 1, 2007, must be submitted on the new form. An exception is made when the community official completes the old EC with elevation data received by the community before January 1, 2007. It must be noted in the Comments area of Section G of the old EC that the community had the data on file before January 1, 2007. Current photograph requirements, and exceptions to them, are described in Section II. below. When two or more ECs are submitted on one property, use the EC with the latest certified date when rating the policy. Non-NFIP elevation certification forms certified on or after October 1, 2000, do not satisfy NFIP requirements and cannot be used for rating policies under any circumstances. The EC is required on Post-FIRM construction, but is optional on Pre-FIRM construction. The EC is required by the NFIP to certify the lowest floor of a building so the policy can be properly rated, as follows (also see pages LFG 1-2): • All Post-FIRM structures The EC is to be completed by a land surveyor, engineer, or architect who is authorized by state or local law to certify elevation information when it is required for Zones A1-A30, AE, AH, A (with Base Flood Elevations [BFEs]), V1-V30, VE, and V (with BFEs). Community officials who are authorized by local law or ordinance to provide floodplain management information may also complete this form. For Zones AO and A (without BFEs), a building official, a property owner, or an owner’s representative may also provide the information on this certification. Building elevation information may be available through the community official if the community is a CRS participating community. The lowest adjacent grade and diagram number are required for all new business applications effective on or after October 1, 1997, if the elevation certification date is on or after October 1, 1997. • Pre-FIRM structures rated under Post-FIRM rates Pre-FIRM construction can be elevation rated using the Post-FIRM EC rates, which are more favorable rates if the lowest floor of the building is at or above the BFE for the community. In most cases, the lowest floor level of a Pre-FIRM building is below the BFE, and it would not benefit the insured to pay the cost for an EC in an attempt to secure a lower rate. The decision to obtain an EC and to request Post-FIRM rating of a Pre-FIRM building is an option of the insured. • AR and AR Dual Zones The EC is optional on all Post- and Pre-FIRM construction located in AR and AR dual zones. The decision to obtain an EC and to request Post-FIRM rating is at the discretion of the insured. The EC includes the AR and AR dual zone elevation requirements. Detailed instructions for completion are provided with the EC. The producer is to attach the original of the completed EC to the Application. A photocopy is to be forwarded to the policyholder and a copy is retained by the producer. II. PHOTOGRAPH REQUIREMENTS Generally, all new business applications for elevation-rated risks with a policy effective date of January 1, 2007, or later must be submitted with a least two photographs that show the front and back of the building and were taken and dated within 90 days of the mailing date (not the certification date, if that date was earlier). If the CERT 1 May 1, 2008 building is a split-level or has multi-level areas at ground level, at least two additional photographs showing views of both sides of the building must be submitted. • Exception 1: When an agent moves his or her book of business from one WYO company to another, or when one WYO company acquires another’s book of business, photographs are not required. FEMA will continue to consider such policies as renewals, even though they are reported as new business under the Transaction Record Reporting and Processing Plan. (However, when an insured changes agent and WYO company, that policy is considered new business, and photographs are required.) • Exception 2: When a Flood Insurance Application and an EC are submitted for a building in the course of construction, photographs are not required and proposed elevations will be used for rating. When the building is completed, a revised EC with required photographs and as-built elevations must be submitted for use in re-rating the policy. These new requirements also apply to all renewal and endorsement transactions adding elevation rating effective on or after January 1, 2007. For the convenience of users, two Building Photographs pages are included with the EC and instructions. However, photographs may be attached to any sheet(s) of blank paper or business letterhead. All photographs must measure at least 3”×3”, provide a clear image of the building’s distinguishing features, and include date taken. Analog or digital photographs are acceptable. Color photographs are preferred. An Elevation Certificate submitted without the required photographs is not considered valid for rating, unless the building is in the course of construction. Each WYO company may use its current business practices in handling ECs without photographs, whether that is tentative rating, provisional rating, or rejection of the application. III. USING THE ELEVATION CERTIFICATE: SPECIAL CONSIDERATIONS Section A – Property [Owner] Information • Section A of the EC includes the building use. This information is helpful in validating the data collected by the insurance agent, and the Flood Insurance Application information. • On the new EC, latitude, longitude, and related information are optional only if the document is being certified by other than a licensed surveyor, engineer, or architect. • If the new EC is being used to obtain flood insurance, and the certification date is on or after January 1, 2007, the EC must be accompanied by at least two current photographs of the building. (See II. PHOTOGRAPH REQUIREMENTS above.) • For any crawl space, enclosure(s), or attached garage, the new EC collects square footage, number of flood openings within 1.0 foot above adjacent grade, and total area of flood openings in square inches. (A parking area located beneath an elevated floor is not considered an attached garage.) The information found in Section A of the EC is critical, as it relates to the insured property. Should information be missing from Section A (except latitude, longitude, and related information), the certificate must be returned to the surveyor, engineer, architect, or community official who executed the form. These individuals should be encouraged to fully complete Section A to avoid any delay in the issuance of the flood insurance policy. Section B – Flood Insurance Rate Map (FIRM) Information The Flood Insurance Rate Map (FIRM) information includes the following: • FIRM panel effective date and revised date; • Source of the BFE or base flood depth; NOTE: The same elevation datum should be used in determining all certification elevations as was used in determining the BFE (i.e., NGVD 1929 or NAVD 1988). • Coastal Barrier Resources System (CBRS) area or Otherwise Protected Area (OPA). NOTE: Refer to the Coastal Barrier Resources System section of this manual for flood insurance coverage eligibility. Section C – Building Elevation Information (Survey Required) Responsibilities for building elevation information are as follows. CERT 2 May 1, 2008 • The surveyor, engineer, or architect is For Zone A (without a FEMA-issued or required to provide a number of elevations community-issued BFE) and Zone AO, a based on the building type selected. property owner or owner’s authorized representative may complete Sections A, B, and • From the elevations gathered, the insurance E. agent is required to determine the lowest Section F – Property Owner (or Owner’s floor for rating flood insurance. Representative) Certification Address and other contact information about the As it relates to Section C, information found not to be applicable to the property being certified property owner are requested in Section F. The should be marked N/A (not applicable) by the party completing Sections A, B, C (on the old surveyor, engineer, or architect. If any part of EC, Items C3.h and C3.i only), and E must execute Section F as well. Section C is left blank, critically review it and contact the surveyor, engineer, or architect who Section G – Community Information (Optional) completed the form and your company underwriter with any questions. The local official who is authorized by law or ordinance to administer the community’s floodplain management ordinance may transfer Elevation(s) of machinery and equipment elevation information found on existingservicing the building (e.g., water heater, documentation (i.e., an older elevation furnace, a/c compressor, heat pump, water certification form, or surveyor letterhead) topump) must be provided, regardless of its Section C of the EC. The local official must then location, whether inside or outside of the certify this information by fully completing building, elevated on a platform or non-elevated. Section G. A statement advising FEMA of this transfer of information must be made in the The surveyor, engineer, or architect may not be comment section of the newer EC. Section G able to gain access to some crawl spaces to may also be used to certify Item E4. shoot the elevation of the crawl space floor. In this instance, Item C2.a on the new EC (C3.a on IV. FLOODPROOFING CERTIFICATE the old EC) may be left blank and the estimated measurements entered in the Comments area of A. Purpose and Eligibility Section D. • In certain circumstances, floodproofing may be permitted as an alternative to elevating to Elevations in Section C are based on feet, or above the Base Flood Elevation (BFE); except in Puerto Rico, where the metric system however, a floodproofing design certification is used. The agent must convert any metric is required. Certified floodproofing may elevation readings into feet before calculating result in lower rates. the flood insurance premium. • Non-residential buildings in any community, in all locations except in V-Zones, may be Section D – Surveyor, Engineer, or Architect floodproofed in lieu of elevating. Certification • Residential buildings may be floodproofed Section D is the surveyor’s, engineer’s, or only if they have basements, are located in architect’s certification that the information Zones A1-A30, AE, AR, AR Dual, AO, and provided in Sections A, B, and C is AH, and only if they are located in representative of the certifier’s best efforts to communities specifically approved and interpret the data available. The surveyor’s, authorized by FEMA. A current list of engineer’s, or architect’s signature and approved communities appears on page identification number are required fields. Some CERT 5. States also may require a seal. • The allowable methods of floodproofing for Section E – Building Elevation Information non-residential buildings differ from those (Survey Not Required) for Zone AO and Zone allowed for residential buildings. The A (Without BFE) specific requirements should be available from the local government. Building Diagram Number (old EC) and the elevation difference between the lowest floor B. Specifications and the lowest adjacent grade (new EC) and highest adjacent grade are required. The specifications for floodproofing ensure that the building is watertight without human CERT 3 May 1, 2008 intervention, its floodproofed walls will not collapse, and the floor at the base of the floodproofed walls will resist flotation during flooding conditions. C. Rating In order to be eligible for lower rates, the insured must have a registered professional engineer or architect certify that the floodproofing conforms with the minimum floodproofing specifications of FEMA. This means that the building must be floodproofed to at least 1 foot above the BFE. If floodproofed to 1 foot above the BFE, flood depth, or comparable community-approved floodplain management standards, it can then be treated for rating purposes as having a "0" elevation difference from the BFE. This certification must be submitted with the Flood Insurance Application. To further illustrate, if the building is certified to be floodproofed to 2 feet above the BFE, flood depth, or comparable community approved floodplain management standards, whichever is highest, then it is credited for floodproofing and is to be treated for rating purposes as having a "+1" foot elevation. See the Rating Section for special rating rules for Zones AO and AH. D. Certification • Residential Buildings (With Basements) The Residential Basement Floodproofing Certificate is available for residential buildings with basements located in Zones A1-A30, AE, AR, AR Dual, AO, AH, and A with estimated BFE and located in a FEMA- approved community that is listed on the next page. To receive credit for flood- proofing, the completed certificate must be submitted. • Non-residential Buildings A completed Floodproofing Certificate for Non-residential Structures is required for all such buildings in Regular Program communities, located in Zones A1-A30, AE, AR, AR Dual, AO, AH, and A with estimated BFE, in order to receive credit for floodproofing in lieu of elevation. CERT 4 May 1, 2008 APPROVED COMMUNITIES FOR RESIDENTIAL BASEMENT FLOODPROOFING RATING CREDIT COMMUNITY NUMBER STATE/COMMUNITY NAME EFFECTIVE DATE1 COMMUNITY NUMBER STATE/COMMUNITY NAME EFFECTIVE DATE1 025009 160028 190488 190031 190309 200484 200323 200019 200131 200215 200334 200319 200316 200134 270267 275235 270080 275236 275244 270414 270273 270274 310069 310103 310100 310001 310239 310046 310039 310104 Alaska Fairbanks N. Star Borough Idaho Ammon, City of Iowa Clive, City of Independence, City of La Porte City, City of Kansas Colwich, City of Derby, City of Great Bend, City of Halstead, City of Lindsborg, City of Rossville, City of Salina, City of Saline County Sedgwick, City of Minnesota Alvarado, City of Clay County Dilworth, City of East Grand Forks, City of Moorhead, City of Roseau, City of Stephen, City of Warren, City of Nebraska Fremont, City of Grand Island, City of Hall County Hastings, City of North Bend, City of Schuyler, City of Sidney, City of Wood River, City of 2/28/73 6/8/90 4/24/81 9/7/89 6/12/89 1/17/86 2/15/832 8/10/83 7/8/83 11/7/94 2/18/92 3/6/86 1/14/86 5/19/862 2/28/85 3/28/75 8/29/83 5/15/862 2/12/76 7/14/92 5/10/83 9/24/82 1/25/79 7/29/80 2/10/80 7/8/83 10/15/98 9/17/91 12/4/84 1/12/82 360226 360232 380256 380020 385364 380137 380338 380259 380022 380023 380681 380263 380257 380324 380258 380024 460044 550612 550600 550020 550021 550022 550023 550309 New York Amherst, Town of Clarence, Town of North Dakota Barnes, Township of Casselton, City of Fargo, City of Grafton, City of Harwood, City of Harwood, Township of Horace, City of Mapleton, City of Oxbow, City of Pleasant, Township of Reed, Township of Reiles Acres, City of Stanley, Township of West Fargo, City of South Dakota Madison, City of Wisconsin Allouez, Village of Ashwaubenon, Village of Brown County Depere, City of Green Bay, City of Howard, Village of Shiocton, Village of 11/20/78 8/01/00 1/22/82 6/18/81 3/26/752 5/21/81 12/19/85 1/22/82 1/22/82 1/22/822 6/1/922 5/5/83 1/22/82 8/23/82 2/8/82 6/5/78 8/30/83 1/11/932 10/27/78 2/21/792 10/27/78 10/27/78 10/27/78 8/1/98 1 Effective date corresponds to the date of the letter from FEMA that granted the community’s exception request. 2 The date the community adopted floodproofing ordinances. CERT 5 May 1, 2008 This page intentionally left blank. CERT 6 May 1, 2008 CERT 7 May 1, 2008 PAPERWORK BURDEN DISCLOSURE NOTICE FEMA Form 81-78 CERT 8 May 1, 2008 CERT 9 May 1, 2008 CERT 10 May 1, 2008 NEW EDITION Voluntary-Use Date: February 13, 2006 Mandatory-Use Date: January 1, 2007 CERT 11 May 1, 2008 CERT 12 May 1, 2008 CERT 13 May 1, 2008 CERT 14 May 1, 2008 CERT 15 May 1, 2008 This page intentionally left blank. CERT 16 May 1, 2008 CERT 17 May 1, 2008 This page intentionally left blank. CERT 18 May 1, 2008 CERT 19 May 1, 2008 CERT 20 May 1, 2008 CERT 21 May 1, 2008 CERT 22 May 1, 2008 CERT 23 May 1, 2008 CERT 24 May 1, 2008 CERT 25 May 1, 2008 CERT 26 May 1, 2008 OLD EDITION CERT 27 May 1, 2008 CERT 28 May 1, 2008 CERT 29 May 1, 2008 CERT 30 May 1, 2008 CERT 31 May 1, 2008 CERT 32 May 1, 2008 CERT 33 May 1, 2008 CERT 34 May 1, 2008 CERT 35 May 1, 2008 CERT 36 May 1, 2008 CERT 37 May 1, 2008 PREFERRED RISK POLICY I. GENERAL DESCRIPTION The Preferred Risk Policy (PRP) offers low-cost coverage to owners and tenants of eligible buildings located in the moderate-risk B, C, and X Zones in NFIP Regular Program communities. For residential properties, the maximum coverage combination is $250,000 building and $100,000 contents. Up to $100,000 contents- only coverage is available. For non-residential properties, the maximum coverage combination is $500,000 building and $500,000 contents. Up to $500,000 contents- only coverage is available. Only one building can be insured per policy, and only one policy can be written on each building. II. ELIGIBILITY REQUIREMENTS A. Flood Zone To be eligible for building/contents coverage or contents-only coverage under the PRP, the building must be in a B, C, or X Zone on the effective date of the policy. However, for the purpose of determining the flood zone, the agent may use the FIRM in effect at the time of application and presentment of premium. The flood map available at the time of the renewal offer determines a building’s continued eligibility for the PRP. (See V. RENEWAL.) NFIP map grandfathering rules do not apply to the PRP. B. Occupancy Combined building/contents amounts of insurance are available for owners of all eligible occupancy types—one- to four-family properties (including individual condominium units in condominium buildings), other residential properties, and non-residential properties. Contents-only coverage is available for tenants and owners of all eligible occupancies, except when contents are located entirely in a basement. C. Loss History A building's eligibility for the PRP is based on the preceding requirements and on the building’s flood loss history. If one of the following conditions exists, regardless of any change(s) in ownership of the building, then the building is not eligible for the PRP: • 2 flood insurance claim payments, each more than $1,000; or • 3 or more flood insurance claim payments, regardless of amount; or • 2 Federal flood disaster relief payments (including loans and grants), each more than $1,000; or • 3 Federal flood disaster relief payments (including loans and grants), regardless of amount; or • 1 flood insurance claim payment and 1 Federal flood disaster relief payment (including loans and grants), each more than $1,000. In reviewing a building’s flood loss history for PRP eligibility, be aware that: • A flood insurance claim payment (building and/or contents) and a Federal flood disaster relief payment (including loans and grants) for the same loss are considered a single payment. • Federal flood disaster relief payments (including loans and grants) are considered only if the building sustained flood damage. THE PRP AT A GLANCE COVERAGE TYPE MAXIMUM LIMITS BY OCCUPANCY TYPE 1-4 Family Other Residential Non-Residential Combined Building/ Contents $250,000/ $100,000 $250,000/ $100,000 $500,000/ $500,000 Contents Only $100,000 $100,000 $500,000 PRP 1 May 1, 2008 III. INELIGIBILITY For help in determining eligibility/ineligibility of various condominium risks, use the PRP Condominium Rating Chart on the next page. • Properties in Special Flood Hazard Areas or in Emergency Program communities are not eligible for the PRP. • Residential condominium associations eligible under the Residential Condominium Building Association Policy are not eligible for the PRP. • Individual residential condominium units in non-residential condominium buildings are not eligible for building coverage. • Individual non-residential condominium units are not eligible for building coverage. • Contents located entirely in a basement are not eligible for contents-only coverage. However, contents located entirely in an enclosure are eligible. • Condominium units are not eligible for Increased Cost of Compliance (ICC) coverage. IV. DOCUMENTATION All Preferred Risk Policy new business applications must include documentation of eligibility for the PRP. Such applications must be accompanied by one of the following: • A Letter of Map Amendment (LOMA) • A Letter of Map Revision (LOMR) • A Letter of Determination Review (LODR) • A copy of the most recent flood map marked to show the exact location and flood zone of the building • A letter indicating the exact location and flood zone of the building, and signed and dated by a local community official • An elevation certificate indicating the exact location and flood zone of the building, and signed and dated by a surveyor, engineer, architect, or local community official • A flood zone determination certification that guarantees the accuracy of the information. An agent writing through a Write Your Own (WYO) company should contact that company for guidance. V. RENEWAL An eligible risk renews automatically without submission of a new application. If, during a policy term, the risk fails to meet the eligibility requirements, it cannot be renewed as a PRP. It must be nonrenewed or rewritten as a conventional Standard Flood Insurance Policy (SFIP). Effective May 1, 2008, if there has been a map change during the policy term that may affect the insured property, proof of the property’s continued eligibility for the PRP must be provided for the policy to be renewed. See IV. DOCUMENTATION. VI. COVERAGE LIMITS The elevated building coverage limitation provisions do not apply to the PRP. VII. REPLACEMENT COST COVERAGE Replacement cost coverage applies only if the building is the principal residence of the insured and the building coverage chosen is at least 80 percent of the replacement cost of the building at the time of the loss, or the maximum coverage available under the NFIP. VIII. DISCOUNTS/FEES/ICC PREMIUM • No Community Rating System discount is associated with the PRP. • The $50.00 Community Probation Surcharge is added, when applicable. • The Federal Policy Fee of $13.00 is included in the premium and is not subject to commission. • The ICC premium of $6.00 is included. IX. DEDUCTIBLES The standard deductible for PRPs is $500 each for building and contents, applied separately. Optional deductibles are not available for PRPs. X. ENDORSEMENTS The PRP may be endorsed to: • Increase coverage mid-term, subject to the coverage limits in effect when the policy was issued or renewed. See page END 5 for an example. • Correct misratings, such as incorrect building description or community number. PRP 2 May 1, 2008 PREFERRED RISK POLICY CONDOMINIUM RATING CHART RESIDENTIAL SINGLE UNIT BUILDING OR TOWNHOUSE/ROWHOUSE TYPE.BUILDING WITH SEPARATE ENTRANCE FOR EACH UNIT PRP 3 May 1, 2008 PURCHASER OF POLICY Building Occupancy1 Condo Unit Indicator1 PRP Eligibility Rate Table2 Policy Form UNIT OWNER SINGLE FAMILY Yes Yes One- to Four-Family Residential DWELLING ASSOCIATION (SINGLE UNIT ONLY) SINGLE FAMILY Yes Yes One- to Four-Family Residential DWELLING ASSOCIATION (ENTIRE BUILDING) N/A N/A No N/A N/A MULTI-UNIT RESIDENTIAL BUILDING.2 TO 4 UNITS PER BUILDING PURCHASER OF POLICY Building Occupancy1 Condo Unit Indicator1 PRP Eligibility Rate Table2 Policy Form UNIT OWNER 2-4 Yes Yes One- to Four-Family Residential DWELLING ASSOCIATION (SINGLE UNIT ONLY) 2-4 Yes Yes One- to Four-Family-Residential DWELLING ASSOCIATION (ENTIRE BUILDING) N/A N/A No N/A N/A MULTI-UNIT RESIDENTIAL BUILDING.5 OR MORE UNITS PER BUILDING PURCHASER OF POLICY Building Occupancy1 Condo Unit Indicator1 PRP Eligibility Rate Table2 Policy Form UNIT OWNER OTHER RESIDENTIAL Yes Yes Other Residential DWELLING ASSOCIATION (SINGLE UNIT ONLY) OTHER RESIDENTIAL Yes Yes Other Residential DWELLING ASSOCIATION (ENTIRE BUILDING) N/A N/A No N/A N/A NON-RESIDENTIAL BUILDING PURCHASER OF POLICY Building Occupancy1 Condo Unit Indicator1 PRP Eligibility Rate Table2 Policy Form UNIT OWNER NON-RESIDENTIAL Yes (BUILDING COVERAGE NOT AVAILABLE, ONLY CONTENTS) Yes Non-Residential Contents Only GENERAL PROPERTY UNIT OWNER SINGLE FAMILY Yes (BUILDING COVERAGE NOT AVAILABLE, ONLY CONTENTS) Yes One- to Four-Family Residential or Other Residential if 5 or more units DWELLING ASSOCIATION NON-RESIDENTIAL N/A Yes Non-Residential Building and Contents GENERAL PROPERTY 1When there is a mixture of residential and commercial usage within a single building, please refer to the GR Section of the Flood Insurance Manual. 2All building rates are based on the lowest floor of the building. PRP COVERAGES AVAILABLE EFFECTIVE MAY 1, 2008 ONE- TO FOUR-FAMILY RESIDENTIAL BUILDING AND CONTENTS COVERAGE COMBINATIONS1, 2, 3 With Basement or Enclosure Without Basement or Enclosure Building Contents Premium Building Contents Premium $ 20,000 $ 8,000 $144 $ 20,000 $ 8,000 $119 $ 30,000 $ 12,000 $173 $ 30,000 $ 12,000 $148 $ 50,000 $ 20,000 $221 $ 50,000 $ 20,000 $196 $ 75,000 $ 30,000 $260 $ 75,000 $ 30,000 $230 $100,000 $ 40,000 $287 $100,000 $ 40,000 $257 $125,000 $ 50,000 $307 $125,000 $ 50,000 $277 $150,000 $ 60,000 $326 $150,000 $ 60,000 $296 $200,000 $ 80,000 $361 $200,000 $ 80,000 $326 $250,000 $100,000 $388 $250,000 $100,000 $348 ALL RESIDENTIAL CONTENTS-ONLY COVERAGE1, 2, 4 Contents Above Ground Level More Than One Floor All Other Locations (Basement-Only Not Eligible) Contents Premium Contents Premium $ 8,000 $ 39 $ 8,000 $ 58 $ 12,000 $ 53 $ 12,000 $ 80 $ 20,000 $ 81 $ 20,000 $113 $ 30,000 $ 93 $ 30,000 $130 $ 40,000 $105 $ 40,000 $147 $ 50,000 $117 $ 50,000 $164 $ 60,000 $129 $ 60,000 $181 $ 80,000 $153 $ 80,000 $201 $100,000 $177 $100,000 $221 OTHER RESIDENTIAL BUILDING AND CONTENTS COVERAGE COMBINATIONS1, 2, 3 With Basement or Enclosure Contents Coverage $8,000 $12,000 $20,000 $30,000 $40,000 $50,000 $60,000 $80,000 $100,000 Building Coverage $ 20,000 $151 $165 $178 $191 $203 $214 $225 $235 $245 $ 30,000 $165 $179 $192 $205 $217 $228 $239 $249 $259 $ 50,000 $199 $213 $226 $239 $251 $262 $273 $283 $293 $ 75,000 $215 $229 $242 $255 $267 $278 $289 $299 $309 $100,000 $237 $251 $264 $277 $289 $300 $311 $321 $331 $125,000 $244 $258 $271 $284 $296 $307 $318 $328 $338 $150,000 $249 $263 $276 $289 $301 $312 $323 $333 $343 $200,000 $280 $294 $307 $320 $332 $343 $354 $364 $374 $250,000 $297 $311 $324 $337 $349 $360 $371 $381 $391 OTHER RESIDENTIAL BUILDING AND CONTENTS COVERAGE COMBINATIONS1, 2, 3 Without Basement or Enclosure Contents Coverage $8,000 $12,000 $20,000 $30,000 $40,000 $50,000 $60,000 $80,000 $100,000 Building Coverage $ 20,000 $123 $135 $146 $157 $167 $177 $186 $195 $203 $ 30,000 $141 $152 $163 $174 $184 $194 $203 $212 $220 $ 50,000 $176 $187 $198 $209 $219 $229 $238 $247 $255 $ 75,000 $196 $207 $218 $228 $238 $248 $257 $266 $274 $100,000 $214 $225 $236 $246 $256 $266 $275 $284 $292 $125,000 $223 $234 $245 $255 $265 $274 $283 $292 $300 $150,000 $230 $241 $252 $262 $272 $281 $290 $299 $307 $200,000 $258 $269 $280 $290 $300 $309 $318 $326 $334 $250,000 $273 $284 $295 $305 $315 $324 $333 $341 $349 1Add the $50.00 Probation Surcharge, if applicable. 2Premium includes Federal Policy Fee of $13.00. 3Premium includes ICC premium of $6.00. Deduct this amount if the risk is a condominium unit. 4Use this “All Residential Contents-Only Coverage” premium table for individual residential condominium unit contents-only policies. PRP 4 May 1, 2008 PRP COVERAGES AVAILABLE EFFECTIVE MAY 1, 2008 (cont’d.) NON-RESIDENTIAL BUILDING AND CONTENTS COVERAGE COMBINATIONS1, 2, 3 With Basement or Enclosure Contents Coverage $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $450,000 $500,000 Building Coverage $ 50,000 $ 880 $1,139 $1,387 $1,623 $1,848 $2,062 $2,265 $2,456 $2,636 $2,805 $100,000 $1,254 $1,513 $1,760 $1,996 $2,221 $2,435 $2,638 $2,829 $3,009 $3,178 $150,000 $1,529 $1,788 $2,035 $2,271 $2,496 $2,710 $2,913 $3,104 $3,284 $3,453 $200,000 $1,678 $1,937 $2,184 $2,420 $2,645 $2,859 $3,062 $3,253 $3,433 $3,602 $250,000 $1,783 $2,042 $2,289 $2,525 $2,750 $2,964 $3,167 $3,358 $3,538 $3,707 $300,000 $1,899 $2,158 $2,405 $2,641 $2,866 $3,080 $3,283 $3,474 $3,654 $3,823 $350,000 $2,027 $2,286 $2,533 $2,769 $2,994 $3,208 $3,410 $3,601 $3,781 $3,950 $400,000 $2,111 $2,370 $2,617 $2,853 $3,078 $3,292 $3,494 $3,685 $3,865 $4,034 $450,000 $2,207 $2,466 $2,713 $2,949 $3,174 $3,388 $3,590 $3,781 $3,961 $4,130 $500,000 $2,312 $2,571 $2,818 $3,054 $3,279 $3,493 $3,695 $3,886 $4,066 $4,235 NON-RESIDENTIAL BUILDING AND CONTENTS COVERAGE COMBINATIONS1, 2, 3 Without Basement or Enclosure Contents Coverage $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $450,000 $500,000 Building Coverage $ 50,000 $ 550 $ 688 $ 820 $ 946 $1,066 $1,180 $1,288 $1,390 $1,486 $1,576 $100,000 $ 742 $ 880 $1,012 $1,138 $1,258 $1,372 $1,480 $1,582 $1,678 $1,768 $150,000 $ 885 $1,023 $1,155 $1,281 $1,401 $1,515 $1,623 $1,725 $1,821 $1,911 $200,000 $1,034 $1,172 $1,304 $1,430 $1,550 $1,664 $1,772 $1,874 $1,970 $2,060 $250,000 $1,134 $1,272 $1,404 $1,530 $1,650 $1,764 $1,872 $1,974 $2,070 $2,160 $300,000 $1,240 $1,378 $1,510 $1,636 $1,756 $1,870 $1,978 $2,080 $2,176 $2,266 $350,000 $1,297 $1,435 $1,567 $1,693 $1,813 $1,927 $2,035 $2,137 $2,233 $2,323 $400,000 $1,360 $1,498 $1,630 $1,756 $1,876 $1,990 $2,098 $2,200 $2,296 $2,386 $450,000 $1,429 $1,567 $1,699 $1,825 $1,945 $2,059 $2,167 $2,269 $2,365 $2,455 $500,000 $1,504 $1,642 $1,774 $1,900 $2,020 $2,134 $2,242 $2,344 $2,440 $2,530 NON-RESIDENTIAL CONTENTS-ONLY COVERAGE1, 2 Contents Above Ground Level More Than One Floor All Other Locations (Basement-Only Not Eligible) Contents Premium Contents Premium $ 50,000 $145 $ 50,000 $ 330 $100,000 $220 $100,000 $ 500 $150,000 $295 $150,000 $ 670 $200,000 $370 $200,000 $ 840 $250,000 $445 $250,000 $1,010 $300,000 $520 $300,000 $1,180 $350,000 $595 $350,000 $1,350 $400,000 $670 $400,000 $1,520 $450,000 $745 $450,000 $1,690 $500,000 $820 $500,000 $1,860 1Add the $50.00 Probation Surcharge, if applicable. 2Premium includes Federal Policy Fee of $13.00. 3Premium includes ICC premium of $6.00. Deduct this amount if the risk is a condominium unit. PRP 5 May 1, 2008 XI. CONVERSION OF STANDARD RATED POLICY TO PRP DUE TO MISRATING A policy written as a Standard B, C, or X Zone policy and later found to be eligible for a PRP may be endorsed or rewritten as a PRP for only the current policy term. When the risk has been rated with other than B, C, or X Zone rates, but is later found to be in a B, C, or X Zone and eligible for a PRP, the writing company will be allowed to endorse or cancel/rewrite up to 6 years. The policy may be canceled/rewritten using Cancellation Reason Code 22 if both of the following conditions are met: • The request to endorse or cancel/rewrite the policy is received during the current policy term. • The policy has no open claim or closed paid claim on the policy term being canceled. The new PRP building and/or contents coverage will be equal either to the building limit issued under the Standard B, C, or X Zone policy or the next higher limit available under the PRP if there is no PRP option equal to the Standard B, C, or X Zone building limit. For a standard contents- only policy, the contents coverage will be equal to the limit issued under the standard policy or the next higher limit. If building coverage is desired, the policy should be endorsed for building and contents coverage with a 30-day waiting period applied. XII. CONVERSION OF STANDARD RATED POLICY TO PRP DUE TO MAP REVISION, LOMA, OR LOMR A standard rated policy may be canceled and rewritten as a PRP as a result of a map revision, LOMA, or LOMR if the effective date of the map change was on or after February 1, 2005. The policy may be canceled/rewritten using Cancellation Reason Code 24 under the following conditions: • The request to cancel/rewrite the standard policy must be received during the policy term or within 6 months of the policy expiration date. • The standard policy has no open claim or closed paid claim on the policy terms being canceled. • The property meets all other PRP eligibility requirements. The building and/or contents coverage on the new PRP must be equal either to the building limit and/or contents limit issued under the standard policy, or to the next higher limit available under the PRP if there is no PRP option equal to the standard policy building and/or contents limit. XIII. CONVERSION OF PRP TO STANDARD RATED POLICY A Preferred Risk Policy must be canceled and rewritten to a standard rated policy if the risk no longer meets the PRP eligibility requirements. The building and/or contents coverage on the new standard policy must be equal to the building limit and/or contents limit issued under the PRP. XIV. COMPLETING THE FLOOD INSURANCE PREFERRED RISK POLICY APPLICATION A. Policy Status In the upper right corner of the form, check the appropriate box to indicate if the application is for a NEW policy or a RENEWAL of an existing policy. If the application is for a renewal, enter the current NFIP policy number. B. Policy Term The PRP is available only for 1-year terms. 1. Check the appropriate box to indicate who should receive the renewal bill. If BILL FIRST MORTGAGEE is checked, complete "First Mortgagee" section. If BILL SECOND MORTGAGEE, BILL LOSS PAYEE, or BILL OTHER is checked, provide mailing instructions in "Second Mortgagee or Other" section. 2. Enter the policy effective date and policy expiration date (month-day-year). The effective date of the policy is determined by adding the appropriate waiting period to the date of application in the "Signature" section. Above these dates, check the appropriate box to indicate whether the waiting period is STANDARD 30-DAY or LOAN–NO WAITING. Refer to the General Rules section, page GR 8, for the applicable waiting period. PRP 6 May 1, 2008 C. Agent Information Enter the agent's (producer's) name, agency name and number, address, city, state, ZIP Code, telephone number, fax number, and Tax I.D. Number. D. Insured’s Mailing Address 1. Enter the name, mailing address, city, state, ZIP Code, and telephone number of the insured. 2. If the insured's mailing address is a post office box or a rural route number, or if the address of the property to be insured is different from the mailing address, complete the "Property Location" section of the application. E. Disaster Assistance 1. Check YES if flood insurance is being required for disaster assistance. Enter the insured's Case File Number, Disaster Assistance Number, or Tax I.D. Number on the line for CASE FILE NUMBER. 2. In the "Second Mortgagee or Other" block, identify the government (disaster) agency, and enter the complete name and mailing address of the disaster agency. 3. If NO is checked, no other information is required. F. First Mortgagee Enter the name, mailing address, city, state, ZIP Code, telephone number, and fax number of the first mortgagee. Enter the loan number. G. Second Mortgagee or Other 1. Identify additional mortgagees by checking the appropriate box and entering the loan number, mortgagee's name, mailing address, telephone number, and fax number. 2. If more than one additional mortgagee or disaster assistance agency exists, provide the requested information on the producer's letterhead. H. Property Location 1. Check YES if the location of the property being insured is the same as the address entered in the "Insured’s Mailing Address" section. Leave the rest of this section blank unless there is more than one building at the property location. 2. If more than one building is at the location of the insured property, use this section to specifically identify the building to be insured. Briefly describe the building or submit a sketch showing the location of insured buildings to assist the NFIP in matching the policy number to the specific building insured. 3. If NO, provide the address or location of the property to be insured. 4. If the insured's mailing address is a post office box or rural route number, give the street address, legal description, or geographic location of the property. I. Community 1. Enter the name of the county or parish where the property is located. 2. Check YES if the property is located in an unincorporated area of a county; otherwise, check NO. 3. Enter the community identification number, map panel number, and revision suffix for the community where the property is located. Use the FIRM in effect and that has been published at the time of presentment of premium and completion of application. Community number and status may be obtained by calling the writing company, consulting a local community official, or referencing the NFIP Community Status Book online at www.fema.gov/fema/csb.shtm. 4. Enter the Flood Insurance Rate Map zone. J. Building and Contents Complete all required information in this section. 1. Check building occupancy: Single Family, 2-4 Family, Other Residential, or Non- Residential (incl. Hotel/Motel). 2. Enter date of construction. 3. Check building type. If the building has a basement or enclosure, count the basement or enclosure as a floor. If the building type is a manufactured (mobile) home/ PRP 7 May 1, 2008 travel trailer on foundation, enter the make, model, and serial number in the block at the bottom of this section. 4. Check the “Y” box (YES) or the “N” box (NO) for “CONDO UNIT” and “TOWNHOUSE/ROWHOUSE CONDO UNIT.” 5. Check location of building’s contents. (Contents located entirely in a basement are not eligible for contents-only coverage.) 6. Check YES if the building is the insured's principal residence; otherwise, check NO. 7. Using normal company practice, estimate the replacement cost value and enter the value in the space provided. Include the cost of the building foundation when determining the replacement cost value. K. Notice If the answer to either question A or question B is YES, this risk is not eligible for the Preferred Risk Policy. L. Premium 1. Enter the coverage selected, and the premium, from the appropriate table on the back of the application form. 2. Add the $50.00 Probation Surcharge, if applicable. Deduct $6.00 if this is an application for a condominium unit. M. Signature The producer must sign the Preferred Risk Policy Application and is responsible for the completeness and accuracy of the information provided on it. Enter the date of application (month/day/year). The waiting period is added to this date to determine the policy effective date of the policy listed in the Policy Term section. A check or money order for the Total Prepaid Amount, payable to the NFIP, must accompany the application. Electronics transactions are permitted if the business process includes authentication of signatures and dates of receipt of premium. WYO companies are responsible for determining the business practices and transaction authentication methods they will use to ensure the security and integrity of such transactions. A credit card payment by VISA, MasterCard, Diner’s Club, or American Express will also be acceptable if a disclaimer form, signed by the insured, is submitted with the Preferred Risk Policy Application. The disclaimer will state that cancellation of a policy due to a billing dispute will be permitted only for a billing error or fraud. If the credit card information is taken over the telephone by the producer, the producer may sign the authorization form on behalf of the payor only after having read the disclaimer to the payor. PRP 8 May 1, 2008 PRP 9 May 1, 2008 PRP 10 May 1, 2008 MORTGAGE PORTFOLIO PROTECTION PROGRAM I. BACKGROUND The Mortgage Portfolio Protection Program (MPPP) was introduced on January 1, 1991, as an additional tool to assist the mortgage lending and servicing industries in bringing their mortgage portfolios into compliance with the flood insurance requirements of the Flood Disaster Protection Act of 1973. The MPPP is not intended to act as a substitute for the need for mortgagees to review all mortgage loan applications at the time of loan origination and comply with flood insurance requirements as appropriate. Proper implementation of the various requirements of the MPPP usually results in mortgagors, after their notification of the need for flood insurance, either showing evidence of such a policy, or contacting their local insurance agent or appropriate Write Your Own (WYO) company to purchase the necessary coverage. It is intended that flood insurance policies be written under the MPPP only as a last resort, and only on mortgages whose mortgagors have failed to respond to the various notifications required by the MPPP. MORTGAGE PORTFOLIO PROTECTION PROGRAM RATE AND INCREASED COST OF COMPLIANCE (ICC) TABLE ZONE MPPP Rates per $100 of Building Coverage MPPP Rates per $100 of Contents Coverage ICC Premium for $30,000 Coverage Emergency Program Community 3.18 3.21 N/A A Zones - All building & occupancy types, except A99, AR, AR Dual Zones 3.18 / 1.60 3.21 / 1.53 75.00 V Zones - All building & occupancy types 4.74 / 4.74 4.45 / 4.45 75.00 A99 Zone, AR, AR Dual Zones .81 / .48 1.09 / .43 6.00 NOTES: (1) ICC coverage does not apply to contents-only policies or to individually owned condominium units insured under the Dwelling Form or General Property Form. (2) The ICC premium is not eligible for the deductible discount. First calculate the deductible discount, then add in the ICC premium. (3) Add Federal Policy Fee and Probation Surcharge, if applicable, when computing the premium. (4) MPPP policies are not eligible for Community Rating System premium discounts. MPPP 1 May 1, 2008 II. REQUIREMENTS FOR PARTICIPATING IN THE MPPP The following paragraphs represent the criteria and requirements that must be followed by all parties engaged in the sale of flood insurance under the National Flood Insurance Program's Mortgage Portfolio Protection Program. A. General 1. All mortgagors notified, in conjunction with this Program, of their need to purchase flood insurance must be encouraged to obtain a Standard Flood Insurance Policy (SFIP) from their local agent. 2. When a mortgagee or a mortgage servicing company discovers, at any time following loan origination, that one or more of the loans in its portfolio is determined to be located in a Special Flood Hazard Area (SFHA), and that there is no evidence of flood insurance on such property(ies), then the MPPP may be used by such lender/servicer to obtain (force place) the required flood insurance coverage. The MPPP process can be accomplished with limited underwriting information and with special flat flood insurance rates. 3. In the event of a loss, the policy will have to be reformed if the wrong rate has been applied for the zone in which the property is located. Also, the amount of coverage may have to be changed if the building occupancy does not support that amount. 4. It will be the WYO company's responsibility to notify the mortgagor of all coverage limitations at the inception of coverage and to impose those limitations that are applicable at the time of loss adjustment. B. WYO Arrangement Article III—Fees With the implementation of the MPPP, there is no change in the method of WYO company allowance from that which is provided in the Financial Assistance/Subsidy Arrangement for all flood insurance written. C. Use of WYO Company Fees for Lenders/Servicers or Others 1. No portion of the allowance that a WYO company retains under the WYO Financial Assistance/ Subsidy Arrangement for the MPPP may be used to pay, reimburse or otherwise remunerate a lending institution, mortgage servicing company, or other similar type of company that the WYO company may work with to assist in its flood insurance compliance efforts. 2. The only exception to this is a situation where the lender/ servicer may be actually due a commission on any flood insurance policies written on any portion of the institution's portfolio because it was written through a licensed property insurance agent on their staff or through a licensed insurance agency owned by the institution or servicing company. D. Notification 1. WYO Company/Mortgagee— Any WYO company participating in the MPPP must notify the lender or servicer, for which it is providing the MPPP capability, of the requirements of the MPPP. The WYO company must obtain signed evidence from each such lender or servicer indicating their receipt MPPP 2 May 1, 2008 of this information, and keep a copy in its files. 2. Mortgagee to Mortgagor—In order to participate in the MPPP, the lender (or its authorized representative, which will typically be the WYO company providing the coverage through the MPPP) must notify the borrower of the following, at a minimum: a. The requirements of the Flood Disaster Protection Act of 1973, b. The flood zone location of the borrower's property, c. The requirement for flood insurance, d. The fact that the lender has no evidence of the borrower's having flood insurance, e. The amount of coverage being required and its cost under the MPPP, and f. The options of the borrower for obtaining conventionally underwritten flood insurance coverage and the potential cost benefits of doing so. A more detailed discussion of the notification requirements is made a part of this program document in Section O. E. Eligibility 1. Type of Use—The MPPP will be allowed only in conjunction with mortgage portfolio reviews and the servicing of those portfolios by lenders and mortgage servicing companies. The MPPP is not allowed to be used in conjunction with any form of loan origination. 2. Type of Property—The standard NFIP rules apply, and all types of property eligible for coverage under the NFIP will be eligible for coverage under the MPPP. F. Source of Offering The force placement capability will be offered by the WYO companies only and not by the NFIP Servicing Agent. G. Dual Interest The policy will be written covering the interest of both the mortgagee and the mortgagor. The name of the mortgagor must be included on the Application Form. It is not, however, necessary to include the mortgagee as a named insured because the Mortgage Clause (section VII.Q. of the Dwelling Form and the General Property Form) affords building coverage to any mortgagee named as mortgagee on the Flood Insurance Application. If contents coverage for the mortgagee is desired, the mortgagee should be included as a named insured. H. Term of Policy NFIP policies written under the MPPP will be for a term of 1 year only (subject to the renewal notification process). I. Coverage Offered Both building and contents coverage will be available under the MPPP. The coverage limits available under the Regular Program will be $250,000 for building coverage and $100,000 for contents. If the WYO company wishes to provide higher limits that are available to other occupancy types such as other residential or non-residential, it may do so only if it can indicate that occupancy type as appropriate. If the mortgaged property is in an Emergency Program community, then the coverage limits available will be $35,000 for building coverage and $10,000 for contents. Again, if the higher limits are desired for other types of property, then the building occupancy type must be MPPP 3 May 1, 2008 provided at the inception of the policy or when that information may become available, but it must be prior to any loss. J. Policy Form The current SFIP Dwelling Form and General Property Form will be used, depending upon the type of structure insured. In the absence of building occupancy information, the Dwelling Form should be used. K. Waiting Period The NFIP rules for the waiting period and effective dates apply to the MPPP. L. Premium Payment The current rules applicable to the NFIP will apply. The lender or servicer (or payor) has the option to follow its usual business practices regarding premium payment, so long as the NFIP rules are followed. M. Underwriting—Application 1. The MPPP will require less underwriting data than is normally required under the standard NFIP rules and regulations. The MPPP data requirements for rating, processing and reporting are, at a minimum: a. Name and mailing address of insured (mortgagor; also see Dual Interest), b. Address of insured (mortgaged) property, c. Community information (complete NFIP map panel number and date; program type, Emergency or Regular) countywide maps, d. Occupancy type (so statutory coverage limits are not exceeded. This data may be difficult to obtain. Also see Coverage Offered.), e. NFIP flood zone where property is located (lender must determine, in order to determine if flood insurance requirements are necessary and to use the MPPP), f. Amount of coverage, g. Name and address of mortgagee, h. Mortgage loan number, i. Policy number. 2. No elevation certificates will be required as there will be no elevation rating. N. Rates (See page MPPP 1.) O. Policy Declaration Page Notification Requirements In addition to the routine information, such as amounts of coverage, deductibles and premiums, that a WYO company may place on the policy declarations page issued to each insured under the NFIP, the following messages are required: 1. This policy is being provided for you as it is required by Federal law as has been mentioned in the previous notices sent to you on this issue. Since your mortgage company has not received proof of flood insurance coverage on your property in response to those notices, we provide this policy at their request. 2. The rates charged for this policy may be considerably higher than those that may be available to you if you contact your local insurance agent (or the WYO company). MPPP 4 May 1, 2008 3. The amounts of insurance coverage provided in this policy may not be sufficient to protect your full equity in the property in the event of a loss. 4. You may contact your local insurance agent (or WYO company) to replace this policy with a conventionally underwritten Standard Flood Insurance Policy, at any time, and typically at a significant savings in premium. The WYO company may add other messages to the declarations page and make minor editorial modifications to the language of these messages if it believes any are necessary to conform to the style or practices of that WYO company, but any such additional messages or modifications must not change the meaning or intent of the above messages. Since the amount of underwriting data obtained at the time of policy inception will typically be limited, the extent of any coverage limitations (such as, when replacement coverage is not available or coverage is limited because the building has a basement or is considered an elevated building with an enclosure) will be difficult to determine. It is, therefore, the responsibility of the WYO company to notify the mortgagor/insured of all coverage limitations at the inception of coverage and impose any that are applicable at the time of the loss adjustment. P. Policy Reformation—Policy Correction Section VII.G. of the Dwelling Form and of the General Property Form will apply as appropriate. Examples of circumstances under which reformation or correction might be needed would be: Policy Reformation—The wrong flat rate was applied for the zone in which the property was actually located. Policy Correction—The amount of coverage exceeds the amount available under the NFIP for the type of building occupancy that represents the building insured. In such cases, the amount of coverage would have to be adjusted to the amount available and any appropriate premium adjustments made. Q. Coverage Basis—Actual Cash Value or Replacement Cost There are no changes from the standard practices of the NFIP for these provisions. The coverage basis will depend on the type of occupancy of the building covered and the amount of coverage carried. R. Deductible A $500 deductible is applicable for policies written under the MPPP. S. Federal Policy Fee There is no change from the standard practice. The Federal Policy Fee in effect at the time the MPPP policy is written must be used. T. Renewability The MPPP policy is a 1-year policy. Any renewal of that policy can occur only following the full notification process that must take place between the lender (or its authorized representative) and the insured/ mortgagor, when the insured/ mortgagor has failed to provide evidence of obtaining a substitute flood insurance policy. MPPP 5 May 1, 2008 U. Cancellations The NFIP Flood Insurance Manual rules for cancellation/nullification are to be followed, when applicable. V. Endorsement An MPPP policy may not be endorsed to convert it directly to a conventionally underwritten SFIP. Rather, a new policy application, with a new policy number, must be completed according to the underwriting requirements of the SFIP, as contained in the NFIP Flood Insurance Manual. The MPPP policy may be endorsed to assign it under rules of the NFIP. It may also be endorsed for other reasons such as increasing coverage. W. Assignment to a Third Party Current NFIP rules remain unchanged; therefore, an MPPP policy may be assigned to another mortgagor or mortgagee. Any such assignment must be through an endorsement. X. Article XIII—Restriction on Other Flood Insurance Article XIII of the Arrangement is also applicable to the MPPP and, as such, does not allow a company to sell other flood insurance that may be in competition with NFIP coverage. This restriction, however, applies solely to policies providing flood insurance. It also does not apply to insurance policies provided by a WYO company in which flood is only one of several perils provided, or when the flood insurance coverage amounts are in excess of the statutory limits provided under the NFIP or when the coverage itself is of such a nature that it is unavailable under the NFIP, such as blanket portfolio coverage. MPPP 6 May 1, 2008 GENERAL CHANGE ENDORSEMENT The NFIP General Change Endorsement form cannot be used to renew, extend, or change a policy term. However, the General Change Endorsement form, or a similar form for WYO companies, can be used to make certain types of coverage and rating changes or corrections to existing policy data. I. ENDORSEMENT RULES A. Coverage Endorsements 1. Additional Coverage or Increase in Amount of Insurance Added coverage, or an increase in the amount of insurance, is permitted at any time during a policy term. The additional premium is calculated pro rata for the balance of the policy term, at either the rate in effect on the endorsement effective date or the rate in effect on the policy effective date, in accordance with each WYO company’s standard business practice. (See Examples 1 through 4 at the end of this section.) Refer to the General Rules section, page GR 8, for the applicable waiting period. 2. Reduction of Insurance A reduction in the amount of building insurance cannot be made unless part of the building has been removed, which reduces the building’s value to less than the amount of the building insurance, or a current appraisal or cost estimate is provided which shows that the building’s current coverage amount is higher than the estimated replacement cost of the building. (See Example 6 at the end of this section.) A reduction in the amount of contents insurance cannot be made unless some of the contents have been sold or removed, which reduces the contents’ value to less than the amount of the contents insurance. 3. Removal of a Coverage There is no return premium for the removal of building or contents coverage unless the property is no longer at the described location or the property of the policyholder. (See Example 5 at the end of this section.) B. Rating Endorsements 1. Rate Reduction It is not permissible to revise a policy's rating during a policy term, due to a rate decrease, unless the effective date of the rate change is prior to the policy's effective date. 2. Rating Error The NFIP rules require that the policy must be in effect in order to process refunds. Corrections will be allowed for only the current year for failure of the WYO company or NFIP Direct to: • Use the map grandfather rule. • Use the V-Zone Risk Factor Rating Form. The endorsement effective date is either the date the V-Zone Risk Factor Rating Form was certified or the effective date of the current policy year, whichever is later. • Make a timely revision of alternative rates (rates used for Pre-FIRM rated risks where the zone is unknown). • Use Post-FIRM rating for a Pre-FIRM structure. The refund will be processed if the insured provides an Elevation Certificate. The endorsement effective date is the effective date of the current policy year. • Use an Elevation Certificate on Post- FIRM buildings rated using “Without Certification of Compliance or Elevation Certificate” for Zones AO and AH, or “No Elevation Certificate or No Estimated BFE” for Unnumbered A Zone. The endorsement effective date is the effective date of the current policy term. 3. Revision of an Alternative Rating Alternative rating is used to compute the premium on a Renewal Notice following conversion of a community from the Emergency Program to the Regular Program. Alternative rates are also used by producers for the rating of Pre-FIRM construction. Alternative rating allows the producer and the policyholder 1 year to revise the rating, so a premium refund END 1 May 1, 2008 can be obtained from the renewal or inception date if it is determined that the insured property is located in a lower rated zone. During subsequent policy terms, such revisions may also be made effective with the start of the policy term. 4. Map Revision A map change (reprinting, Letter of Map Amendment [LOMA], Letter of Map Revision [LOMR], or Letter of Determination Review [LODR]) may change the flood zone in which a property is located to a lower rated zone, or it may change the Base Flood Elevation. In such cases, the policy rating may be revised for the current and prior policy years if the change occurred prior to the current policy year. When a community has been converted from the Emergency Program to the Regular Program, the policy rating may be revised to reflect the correct flood zone. However, no premium refund is allowed on premium previously paid. C. Misrated Policy Premium refunds will be allowed with proper documentation (see III.B.2.a.) going back a maximum of 6 calendar years when there was a misrating such as an incorrect building description, lowest floor elevation, community number, flood zone, or Base Flood Elevation, so long as the insured can provide proof of the misrating. The flood zone and Base Flood Elevation can only be corrected using the current FIRM. Any lapse in coverage does not extend the number of years the premium refund is allowed. D. Conversion of Standard Rated Policy to PRP Due to Misrating or Map Revision A policy written as a Standard B, C, or X Zone policy and later found to be eligible for a PRP may be endorsed or rewritten as a PRP for only the current policy term. When the risk has been rated with other than B, C, or X Zone rates, but is later found to be in a B, C, or X Zone and eligible for a PRP, the writing company will be allowed to endorse or cancel/rewrite up to 6 years. The policy may be canceled/rewritten using Cancellation Reason Code 22 if both of the following conditions are met: • The request to endorse or cancel/rewrite the policy is received during the current policy term. • The policy has no open claim or closed paid claim. The new PRP building coverage will be equal either to the building limit issued under the Standard B, C, or X Zone policy or the next higher limit available under the PRP if there is no PRP option equal to the Standard B, C, or X Zone building limit. E. Changing Deductibles Increasing deductibles is permitted during the current policy term. (See Example 7 at the end of this section.) Deductibles cannot be reduced mid-term, unless required by the mortgagee and written authorization is provided by the mortgagee. A 30-day waiting period will apply unless the request to reduce the deductible is in connection with making, extending, or renewing a loan. The ICC premium is not eligible for the deductible discount or surcharge. First calculate the deductible discount or surcharge, then add in the ICC premium. F. Correcting Property Address A policy cannot be endorsed to change the location. This includes relocation from one unit to another unit in the same building. However, an erroneous address (e.g., through typographical error) can be corrected through endorsement. The agent must provide proof or a reasonable explanation for the error. II. ENDORSEMENT PROCESSING PRIOR TO POLICY RENEWAL (NFIP DIRECT BUSINESS ONLY) A. During Last 90 Days of Policy Term 1. If the premium payment for renewal of the policy has not already been processed by the NFIP, a General Change Endorsement processed will produce a revised Renewal Notice for the upcoming term. 2. If the original Renewal Notice has not been paid, the payor may use the revised Renewal Notice or subsequent Final Notice. END 2 May 1, 2008 B. During Last 75 Days of Policy Term 1. If the original Renewal Notice has not been paid, the producer must submit the General Change Endorsement for the current policy term only and submit a renewal Application for the upcoming term. A separate premium payment must be submitted for each transaction. (The insured and/or mortgagee, if payor, should be advised not to pay the Renewal Notice or Final Notice when a renewal Application and premium have been submitted.) 2. If the original Renewal Notice has been paid, the producer must submit the General Change Endorsement together with any required additional premium for the renewal policy term and, if applicable, a separate General Change Endorsement and additional premium for the remainder of the current policy term. The effective date of the endorsement to increase coverage (up to the inflation factor) will be the “renewal date” only if the endorsement and additional premium are received within the 30-day grace period. C. Refunds Generated from Endorsement Processing The return premium is based on rates in effect on the effective date of the change or the policy effective date, in accordance with the WYO company’s standard business practice. It is calculated by revising the rate, effective from the inception date of the current policy term, provided the inception date is on or after the community conversion date. The Federal Policy Fee and Probation Surcharge (if applicable) are not subject to calculation of return premiums. III. PREPARATION OF FORM A. General Instructions Endorsements are processed by submitting a completed General Change Endorsement form and proper documentation (see III.B.2.a.) to the writing company. Instructions for completing the General Change Endorsement form are self-explanatory. The following items are of special note: • The policy term cannot be changed. All calculations must reflect the policy term shown on the current declarations page. • A geographic location must be given for a property. For example, the insured's mailing address may be shown as: Route 4 Box 179 Danville, Ohio 43014 The property location should be completed as: Farmhouse on the north side of U.S. 70, 6 miles west of Danville, Ohio 43014. • The contents location section should be completed if contents coverage is being added/deleted or if the location of the contents being insured within the described building has changed. Provide an explanation of the change of location in the description area of the section. • All endorsements, whether paper or electronic form, must be signed. Electronic transactions are permitted if the business process includes authentication of signatures and dates of receipt of premium. WYO companies are responsible for determining the business practices and transaction authentication methods they will use to ensure the security and integrity of such transactions. • The insured must sign and date the General Change Endorsement form whenever there is a request to reduce policy limits, make policy assignment, or change the agent of record. B. Refund Processing Procedures 1. The current NFIP insurer (WYO Company or Direct Business) will be responsible for returning the premium for the current and prior policy year, provided that it was the insurer for that period. If another NFIP insurer was the insurer for the prior policy year, it will be responsible for returning the premium for that year. Agents submit requests to their carrier. 2. Requests for refunds for more than 2 years must be processed by the NFIP Bureau. a. For requests processed by the Bureau, the current NFIP insurer must submit all of the documentation necessary to make a refund for any period exceeding 2 years. At a minimum, this documentation will consist of the following: END 3 May 1, 2008 • The company’s statistical records or declarations pages for each policy term and evidence of premium payments obtained from the insured if these documents are not available from the company’s records. • An endorsement request for each year and the premium refund calculation for each year that the company had the policy. • A Letter of Map Amendment (LOMA); a Letter of Map Revision (LOMR); a Letter of Determination Review (LODR); a copy of the most recent flood map marked to show the exact location and flood zone of the building; a letter indicating the exact location and flood zone of the building, and signed and dated by a local community official; an Elevation Certificate indicating the exact location and flood zone of the building, and signed and dated by a surveyor, engineer, architect, or local community official; or a flood zone determination certification that guarantees the accuracy of the information. b. In order for the Bureau to process a refund request, the appropriate documentation must be mailed directly to the NFIP Bureau and Statistical Agent, Underwriting Department, P.O. Box 310, Lanham, MD 20703. 3. WYO Companies will be notified of the premium refunded and the Expense Allowance due to the NFIP. The companies must maintain this documentation as part of their underwriting files. 4. Any lapse in coverage does not extend the number of years the premium refund is allowed. The Bureau will return to the sender any unauthorized refund requests for more than 2 years. END 4 May 1, 2008 IV. ENDORSEMENT RATING EXAMPLES TABLE OF CONTENTS EXAMPLE PAGE Example 1 Increasing Coverage on a Preferred Risk Policy..................................... END 6 Example 2 Increasing Coverage, Program Conversion............................................. END 7 Example 3 Increasing Coverage................................................................................ END 8 Example 4 Increasing Coverage After a Rate Change.............................................. END 9 Example 5 Removing Contents ................................................................................. END 10 Example 6 Reducing Building Coverage ................................................................... END 11 Example 7 Increasing Deductible .............................................................................. END 12 END 5 May 1, 2008 EXAMPLE 1 INCREASING COVERAGE ON A PREFERRED RISK POLICY • • Policy term is October 15, 2007-2008 Pre-FIRM, X-Zone, with basement • Rates in effect on the effective date of the policy are to be used in calculating the premiums. • • Present coverage: Building $75,000/Contents $30,000 Premium at policy inception was $232. • • The difference between these two premiums is $99. Prorate the difference using the pro rata factor below: • Endorsement effective date is June 2, 2008. Time period is June 2, 2008, to October 15, 2008 • Coverages added are $125,000 on the building and $50,000 on the contents for a total of Number of days is 135 Pro rata factor is .370 $200,000 on the building and $80,000 on the contents. SECTION A SECTION B NEW INSURANCE COVERAGE CURRENT COVERAGE + INCREASED — DECREASED COVERAGE ONLY PREMIUM TOTALS AMOUNT RATE PREMIUM AMOUNT RATE PREMIUM BUILDING BASIC 75,000 . 232 125,000 . 331 331 BUILDING . ADDITIONAL CONTENTS BASIC 30,000 50,000 . CONTENTS . ADDITIONAL IF CHANGING AMOUNT OF INSURANCE, ENTER NEW TOTAL AMOUNT BELOW PAYMENT OPTION: SUBTOTAL 331 BUILDING COVERAGE CONTENTS COVERAGE .. CREDIT CARD DEDUCT. DISCOUNT/SURCHARGE . BASIC ADDITIONAL TOTAL BASIC ADDITIONAL TOTAL .. OTHER: SUBTOTAL 331 200,000 80,000 ICC PREMIUM . SUBTOTAL 331 IF RETURN PREMIUM, MAIL REFUND TO: . INSURED .. AGENT . PAYOR. THE ABOVE CRS PREMIUM DISCOUNT ____% . STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND THAT SUBTOTAL 331 ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER PREMIUM PREVIOUSLY PAID APPLICABLE FEDERAL LAW. (Excludes Probation Surcharge/ Federal Policy Fee) 232 DIFFERENCE + (+/-) +99 SIGNATURE OF INSURED AND DATE SIGNATURE OF INSURANCE AGENT/BROKER DATE (MMDDYY) PRO RATA FACTOR .370 TOTAL (+/-) +37 END 6 May 1, 2008 EXAMPLE 2 INCREASING COVERAGE, PROGRAM CONVERSION • Policy term is January 15, 2007-2008 • Single family dwelling, no basement, Pre-FIRM • Present coverage: Building $35,000/ Contents $10,000 • Policy conversion date from Emergency to Regular Program: July 15, 2007 • Building located in an A99 Zone • Premium rates are: Building .64/.17, Contents .99/.30. • Endorsement effective date is August 14, 2007. (The Emergency Program premiums that already exist on this policy are earned for the remainder of the policy term; they are not refundable.) • The coverages being added are $50,000 on the building and $15,000 on the contents for a total of $85,000 on the building and $25,000 on the contents; and $30,000 coverage for ICC. • To increase coverage, complete Sections A and B. Section A is for current coverage, Section B should show only the amounts of the increases. • $15,000 of the $50,000 coverage to be added on the building must be calculated in the “Amount” column under Section B, “Increased-Decreased Coverage Only” (using the applicable rate) to amend the present coverage to the threshold for the Regular Program basic limits. • $10,000 of the $15,000 coverage to be added on the contents must be calculated under the “Amount” column under Section B, “Increased- Decreased Coverage Only” (using the applicable rate) to amend the present coverage to the threshold for the Regular Program basic limits. • Add Sections A and B premiums to obtain the New Premium Subtotals. • Add the ICC premium, which was not paid in the Emergency Program. • The Premium Previously Paid is $362 (excluding ICC/Probation Surcharge/Federal Policy Fee). • Subtract the Premium Previously Paid from the Premium Total to obtain the Difference (additional/return premium). • Prorate the Difference Time period is August 14, 2007, to January 15, 2008 Number of days is 154 Pro rata factor is .422 INSURANCE COVERAGE SECTION A CURRENT COVERAGE + INCREASED SECTION B — DECREASED COVERAGE ONLY NEW PREMIUM TOTALS AMOUNT RATE PREMIUM AMOUNT RATE PREMIUM BUILDING BASIC 35,000 .76 266 15,000 .64 96 362 BUILDING ADDITIONAL 35,000 .17 60 60 CONTENTS BASIC 10,000 .96 96 10,000 .99 99 195 CONTENTS ADDITIONAL 5,000 .30 15 15 IF CHANGING AMOUNT OF INSURANCE, ENTER NEW TOTAL AMOUNT BELOW PAYMENT OPTION: SUBTOTAL 632 BUILDING COVERAGE CONTENTS COVERAGE .. CREDIT CARD DEDUCT. DISCOUNT/SURCHARGE . BASIC ADDITIONAL TOTAL BASIC ADDITIONAL TOTAL .. OTHER: SUBTOTAL 632 50,000 35,000 85,000 20,000 5,000 25,000 ICC PREMIUM 6 SUBTOTAL 638 IF RETURN PREMIUM, MAIL REFUND TO: . INSURED . AGENT . PAYOR. THE ABOVE CRS PREMIUM DISCOUNT ____% . STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND THAT SUBTOTAL 638 ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE FEDERAL LAW. PREMIUM PREVIOUSLY PAID (Excludes Probation Surcharge/ Federal Policy Fee) 362 DIFFERENCE + (+/-) +276 SIGNATURE OF INSURED AND DATE SIGNATURE OF INSURANCE AGENT/BROKER DATE (MMDDYY) PRO RATA FACTOR .422 TOTAL (+/-) +116 END 7 May 1, 2008 EXAMPLE 3 INCREASING COVERAGE • Policy term is December 12, 2007-2008 • $10,000 of the $15,000 coverage to be added on the contents must be calculated under the • Single family dwelling, no basement “Amount” column under Section B, “Increased• • Pre-FIRM Building Building located in Zone C Decreased Coverage Only” (using the applicable rate) to amend the present coverage to the threshold for the Regular Program basic limits. • Present coverage: Building $35,000/ Contents $10,000 • Add Section A and B premiums to obtain the New Premium Totals. • Add the New Premium Totals to calculate the • Endorsement is effective on May 1, 2008, to add additional coverage of $65,000 on the building and $15,000 on the contents for a total of • Premium Subtotal. Add in the ICC Premium. • $100,000 building coverage and $25,000 contents coverage. Premium rates are: Building .71/.19, Contents 1.09/.33. • The Premium Previously Paid is $358 (excluding Probation Surcharge/Federal Policy Fee) which is the total current annual premium including ICC premium. • To increase coverage, complete Sections A and B. Section A is for current coverage. Section B should show the amount of the coverage increase only. • • Subtract the Premium Previously Paid from the Premium Total to obtain the Difference (should be additional/return premium). Prorate the Difference • $15,000 of the $50,000 coverage to be added on the building must be calculated in the “Amount” column under Section B, “Increased-Decreased Time period is May 1, 2008, to December 12, 2008 Coverage Only” (using the applicable rate) to amend the present coverage to the threshold for the Regular Program basic limits. Number of days is 225 Pro rata factor is .616 INSURANCE COVERAGE SECTION A CURRENT COVERAGE + INCREASED SECTION B — DECREASED COVERAGE ONLY NEW PREMIUM TOTALS AMOUNT RATE PREMIUM AMOUNT RATE PREMIUM BUILDING BASIC 35,000 .71 249 15,000 .71 107 356 BUILDING ADDITIONAL 50,000 .17 85 95 CONTENTS BASIC 10,000 1.09 109 10,000 1.09 109 218 CONTENTS ADDITIONAL 5,000 .33 17 17 IF CHANGING AMOUNT OF INSURANCE, ENTER NEW TOTAL AMOUNT BELOW PAYMENT OPTION: SUBTOTAL 686 BUILDING COVERAGE CONTENTS COVERAGE .. CREDIT CARD DEDUCT. DISCOUNT/SURCHARGE . BASIC ADDITIONAL TOTAL BASIC ADDITIONAL TOTAL .. OTHER: SUBTOTAL 686 50,000 50,000 100,000 20,000 5,000 25,000 ICC PREMIUM 6 SUBTOTAL 692 IF RETURN PREMIUM, MAIL REFUND TO: . INSURED . AGENT . PAYOR. THE ABOVE CRS PREMIUM DISCOUNT ____% . STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND THAT SUBTOTAL 692 ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE FEDERAL LAW. PREMIUM PREVIOUSLY PAID (Excludes Probation Surcharge/ Federal Policy Fee) 358 DIFFERENCE + (+/-) +334 SIGNATURE OF INSURED AND DATE SIGNATURE OF INSURANCE AGENT/BROKER DATE (MMDDYY) PRO RATA FACTOR .616 TOTAL (+/-) +206 END 8 May 1, 2008 EXAMPLE 4 INCREASING COVERAGE AFTER A RATE CHANGE • Policy term is July 15, 2007-2008 • Single family dwelling, Regular Program • One floor, no basement • Current policy limits: Building $30,000 Contents $8,000 • Building located in an AE Zone, Post-FIRM • Premium rates are: Building 1.31, Contents 1.22 • Post-FIRM construction with a 0 elevation difference • Endorsement effective date is May 15, 2008 • The coverages being added are $15,000 on the building and $7,000 on contents for a total of $45,000 building coverage and $15,000 contents coverage. • A rate increase takes effect on May 1, 2008. • Rates in effect on the effective date of the policy are to be used. • In Section A, enter the basic limits and rates for building and contents in effect at the beginning of the policy term. • In Section B, enter the $15,000 basic building amount, and the applicable rate (1.31). (See page END 1, “Additional Coverage or Increase in Amount of Insurance.” Companies are allowed to use either rates in effect at policy inception or rates in effect at endorsement effective date.) • In Section B, enter the $7,000 basic contents amount and the applicable rate (1.22). • Add Sections A and B premiums to obtain the New Premium Totals. • Add the New Premium Totals to calculate the Premium Subtotal. • Add in the ICC Premium. • The Premium Previously Paid is $491 (excluding Probation Surcharge/Federal Policy Fee), which is the total current annual premium including ICC premium. • Subtract the Premium Previously Paid from the Premium Total to obtain the Difference (should be additional/return premium). • Prorate the Difference Time period is May 15, 2008, to July 15, 2008 Number of days is 61 Pro rata factor is .167 INSURANCE COVERAGE SECTION A CURRENT COVERAGE + INCREASED SECTION B — DECREASED COVERAGE ONLY NEW PREMIUM TOTALS AMOUNT RATE PREMIUM AMOUNT RATE PREMIUM BUILDING BASIC 30,000 1.31 393 15,000 1.31 197 590 BUILDING ADDITIONAL CONTENTS BASIC 8,000 1.22 98 7,000 1.22 85 183 CONTENTS ADDITIONAL IF CHANGING AMOUNT OF INSURANCE, ENTER NEW TOTAL AMOUNT BELOW PAYMENT OPTION: SUBTOTAL 773 BUILDING COVERAGE CONTENTS COVERAGE .. CREDIT CARD DEDUCT. DISCOUNT/SURCHARGE . BASIC ADDITIONAL TOTAL BASIC ADDITIONAL TOTAL .. OTHER: SUBTOTAL 773 45,000 0 45,000 15,000 0 15,000 ICC PREMIUM 6 SUBTOTAL 779 IF RETURN PREMIUM, MAIL REFUND TO: . INSURED .. AGENT . PAYOR. THE ABOVE CRS PREMIUM DISCOUNT ____% . STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND THAT SUBTOTAL 779 ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE FEDERAL LAW. PREMIUM PREVIOUSLY PAID (Excludes Probation Surcharge/ Federal Policy Fee) 491 DIFFERENCE + (+/-) +288 SIGNATURE OF INSURED AND DATE SIGNATURE OF INSURANCE AGENT/BROKER DATE (MMDDYY) PRO RATA FACTOR .167 TOTAL (+/-) +48 END 9 May 1, 2008 EXAMPLE 5 REMOVING CONTENTS • Policy term is May 20, 2008-2009 • Enter the decrease in contents coverage in Section B. • Non-residential structure • Add all New Premium Totals to obtain the • Emergency Program Premium Subtotal. • • Policy limits: Building $100,000/Contents $100,000 Insured purchased a new business location and moved the contents to the new location while still • The Premium Previously Paid is $2,450 (excluding Probation Surcharge/Federal Policy Fee), which is the total current premium from Section A. retaining the old location as rental property. (This explanation should be recorded in the Reason for Change section of the General Change Endorsement form.) • • Subtract the Premium Previously Paid from the Premium Total to obtain the Difference (should be additional/return premium). Prorate the Difference • • Present rates for building and contents are .83/1.62. Removal date and effective date of change is January 14, 2009. Time period is January 14, 2009, to May 20, 2009 Number of days is 126 Pro rata factor is .345 • Enter the current building and contents coverages in Section A and the current rates (.83/1.62). INSURANCE COVERAGE SECTION A CURRENT COVERAGE + INCREASED SECTION B — DECREASED COVERAGE ONLY NEW PREMIUM TOTALS AMOUNT RATE PREMIUM AMOUNT RATE PREMIUM BUILDING BASIC 100,000 .83 830 0 830 BUILDING ADDITIONAL CONTENTS BASIC 100,000 1.62 1,620 -100,000 1.62 -1,620 0 CONTENTS ADDITIONAL IF CHANGING AMOUNT OF INSURANCE, ENTER NEW TOTAL AMOUNT BELOW PAYMENT OPTION: SUBTOTAL 830 BUILDING COVERAGE CONTENTS COVERAGE .. CREDIT CARD DEDUCT. DISCOUNT/SURCHARGE . BASIC ADDITIONAL TOTAL BASIC ADDITIONAL TOTAL .. OTHER: SUBTOTAL 830 . . 100,000 . . 0 ICC PREMIUM . SUBTOTAL 830 IF RETURN PREMIUM, MAIL REFUND TO: . INSURED .. AGENT . PAYOR. THE ABOVE CRS PREMIUM DISCOUNT ____% . STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND THAT SUBTOTAL 830 ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE FEDERAL LAW. PREMIUM PREVIOUSLY PAID (Excludes Probation Surcharge/ Federal Policy Fee) 2,450 DIFFERENCE (+/-) -1,620 SIGNATURE OF INSURED AND DATE SIGNATURE OF INSURANCE AGENT/BROKER DATE (MMDDYY) PRO RATA FACTOR .345 TOTAL (+/-) -559 END 10 May 1, 2008 EXAMPLE 6 REDUCING BUILDING COVERAGE • Policy term is September 1, 2007-2008 • Single family dwelling, with basement • Regular Program, Zone B, Post-FIRM • Policy limits: Building $150,000/Contents $0 • A wing of the building was destroyed by fire on July 1, 2006, and the building was repaired without the wing, reducing the value of the dwelling to $100,000. (This explanation should be recorded in the Reason for Change section of the General Change Endorsement form.) • Present rates are: Building .81/.27. • Endorsement effective date is July 1, 2008. • In Section A, enter the basic building amount ($50,000) and the applicable rate (.81). • In Section B, enter the new additional building amount at the same rate of .27. • Add Sections A and B to obtain the New Premium Totals. • Add the New Premium Totals to obtain the Premium Subtotal. • The Premium Previously Paid is $675 (excluding Probation Surcharge/Federal Policy Fee), which is the total current annual premium including ICC premium. • Add ICC Premium. • Subtract the Premium Previously Paid from the Premium Total to obtain the Difference (should be additional/return premium). • Prorate the Difference Time period is July 1, 2008, to September 1, 2008 Number of days is 62 Pro rata factor is .170 INSURANCE COVERAGE SECTION A CURRENT COVERAGE + INCREASED SECTION B — DECREASED COVERAGE ONLY NEW PREMIUM TOTALS AMOUNT RATE PREMIUM AMOUNT RATE PREMIUM BUILDING BASIC 50,000 .81 405 0 405 BUILDING ADDITIONAL 100,000 .27 270 -50,000 .27 -135 135 CONTENTS BASIC . CONTENTS ADDITIONAL . IF CHANGING AMOUNT OF INSURANCE, ENTER NEW TOTAL AMOUNT BELOW PAYMENT OPTION: SUBTOTAL 540 BUILDING COVERAGE CONTENTS COVERAGE .. CREDIT CARD DEDUCT. DISCOUNT/SURCHARGE . BASIC ADDITIONAL TOTAL BASIC ADDITIONAL TOTAL .. OTHER: SUBTOTAL 540 50,000 50,000 100,000 ICC PREMIUM 6 SUBTOTAL 546 IF RETURN PREMIUM, MAIL REFUND TO: . INSURED . AGENT .. PAYOR. THE ABOVE CRS PREMIUM DISCOUNT ____% . STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND THAT SUBTOTAL 546 ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE FEDERAL LAW. PREMIUM PREVIOUSLY PAID (Excludes Probation Surcharge/ Federal Policy Fee) 675 DIFFERENCE (+/-) -129 SIGNATURE OF INSURED AND DATE SIGNATURE OF INSURANCE AGENT/BROKER DATE (MMDDYY) PRO RATA FACTOR .170 TOTAL (+/-) -22 END 11 May 1, 2008 EXAMPLE 7 INCREASING DEDUCTIBLE • Policy term is January 15, 2008-2009 • Single family dwelling • Emergency Program (Pre-FIRM) • Current policy limits: Building $35,000/Contents $10,000 • Policy deductible: $1,000/$1,000 • Insured requests to increase deductible to $4,000/$2,000 (.825), effective June 15, 2008. (This explanation should be recorded in the Reason for Change section of the General Change Endorsement form.) • Present rates are: Building: .76, Contents .96. • Enter the current building and contents coverage in Section A, and enter the applicable rates. • Add Sections A and B to obtain the New Premium Totals. • Add the New Premium Totals to obtain the Premium Subtotal. • The Premium Previously Paid is $362 (excluding ICC*, and Probation Surcharge/Federal Policy Fee), which is the total current annual premium from Section A. • Calculate the Deductible Discount amount and enter that amount in the block marked Difference. • Prorate the Difference Time period is June 15, 2008, to January 15, 2009 Number of days is 214 Pro rata factor is .586 *ICC-N/A in Emergency Program INSURANCE COVERAGE SECTION A CURRENT COVERAGE + INCREASED SECTION B — DECREASED COVERAGE ONLY NEW PREMIUM TOTALS AMOUNT RATE PREMIUM AMOUNT RATE PREMIUM BUILDING BASIC 35,000 .76 266 0 266 BUILDING ADDITIONAL . CONTENTS BASIC 10,000 .96 96 0 96 CONTENTS ADDITIONAL . IF CHANGING AMOUNT OF INSURANCE, ENTER NEW TOTAL AMOUNT BELOW PAYMENT OPTION: SUBTOTAL 362 BUILDING COVERAGE CONTENTS COVERAGE .. CREDIT CARD DEDUCT. DISCOUNT/SURCHARGE -63 BASIC ADDITIONAL TOTAL BASIC ADDITIONAL TOTAL .. OTHER: SUBTOTAL 299 ICC PREMIUM N/A SUBTOTAL 299 IF RETURN PREMIUM, MAIL REFUND TO: . INSURED .. AGENT . PAYOR. THE ABOVE CRS PREMIUM DISCOUNT ____% . STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND THAT SUBTOTAL 299 ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE FEDERAL LAW. PREMIUM PREVIOUSLY PAID (Excludes Probation Surcharge/ Federal Policy Fee) 362 DIFFERENCE (+/-) -63 SIGNATURE OF INSURED AND DATE SIGNATURE OF INSURANCE AGENT/BROKER DATE (MMDDYY) PRO RATA FACTOR .586 TOTAL (+/-) -37 END 12 May 1, 2008 END 13 May 1, 2008 END 14 May 1, 2008 POLICY RENEWALS I. GENERAL INFORMATION The Standard Flood Insurance Policy is not a continuous policy. Each policy contract expires at 12:01 a.m. on the last day of the policy term. Renewal of an expiring policy establishes a new policy term and new contractual agreement between the policyholder and the Federal Emergency Management Agency. The NFIP must issue a notice of expiration not less than 45 days before the expiration of the flood insurance policy by first class mail to the owner of the property, the servicer of any loan secured by the property, and (if known) the owner of the loan. All policies, including Submit-for-Rate, must be renewed using the rates in effect on the renewal date. Policy renewal documentation and premium should be submitted to the NFIP in advance of the policy expiration date to ensure there is no lapse in coverage. There are two ways to renew a policy written directly with the National Flood Insurance Program or WYO Company: 1. The producer should complete the entire Flood Insurance Application when recertifying or changing policy information, and mail it with the Total Prepaid Amount to the NFIP. The 30-day waiting period applies when an additional amount of insurance requested at renewal time is higher than the amount listed on the renewal bill provided by the insurer. The beginning of the waiting period is determined by the standard rules. OR 2. The payor should respond to a Renewal Notice by selecting an option shown on the direct mail notice and returning it with the Total Prepaid Amount to the NFIP. II. RENEWAL NOTICE All parties listed on the policy (insured, agent, mortgagees) are mailed a Renewal Notice 45 days prior to the policy expiration date. The party designated on the policy record as the payor receives the payor’s copy of the bill; all other parties receive a copy that states “THIS IS NOT A BILL.” A. Renewing for the Same Coverage – Option A Option A of the Renewal Notice shows current amounts of insurance and deductibles at the time the Renewal Notice is printed B. Inflation Factor – Option B Option B shows premium for amounts of insurance increased by an inflation factor of 10 percent for building coverage and 5 percent for contents coverage. The current deductible is used. For Preferred Risk Policies, Option B is the next higher coverage package available. There is no waiting period if Option B is chosen. The inflation option will be no higher than the replacement cost on record for that policy. If coverage higher than the current replacement cost on record is desired, updated replacement cost documentation must be submitted. C. Nonrenewal and Cancellation Renewal Notices will not be generated and policies will not be renewed for the following situations: 1. Building under construction 2. Tentatively rated policy 3. Suspended community 4. Provisional rating 5. Group Flood Insurance Policy 6. PRP ineligibility 7. Section 1316 property However, in each of the situations above, any mortgagee named on the policy must be notified of the nonrenewal or cancellation, as required by the Mortgage Clause of the Standard Flood Insurance Policy (see General Conditions section, condition R). Within 5 days of the policy expiration date, an appropriately worded expiration notice must be sent to the mortgagee, with copies to the agent and the insured. III. PREMIUM PAYMENT DUE To ensure that the policy is renewed without a lapse in coverage, the premium must be received by the NFIP within 30 days after the expiration date. As an alternative, the premium can be mailed by certified mail within 30 days after the expiration date. The term “certified mail” has been broadened to include not only the U.S. Postal Service but also certain third-party delivery services. For details, see the paragraph following VIII.B.2. on page GR 8. Use the renewal date REN 1 May 1, 2008 plus 29 days to determine if the renewal premium was received within 30 days. Renewal payments may also be paid by VISA, MasterCard, American Express, Discover, or Diners Club. Use the detachable payment stub at the bottom of the Renewal and Final Notices, or use the Credit Card Payment Form at the end of this section. The form is also available in the Forms Library on the NFIP Servicing Agent’s web site at www.nfipservices.com. If a charge is declined, you will be notified by mail. IV. FINAL NOTICE If the premium payment is not received by the NFIP by the date of expiration, a Final Notice is produced. This notice is mailed to the producer, insured, and mortgagee. The expired policy will be reissued with a new effective date if the premium payment is not received by the NFIP within 30 days following the policy expiration date. Mortgagee protection under the policy shall continue in force after the expiration of the policy for 30 days from the mailing date. V. RENEWAL EFFECTIVE DATE DETERMINATION Renewal dates are calculated as follows: • If the Final Notice and the premium payment are received by the NFIP within 30 days following the expiration, the policy will be issued under the same policy number as the previous term, with no lapse in coverage. For example, if the policy expires on May 1, the Final Notice and premium payment must be received on or before May 30. • If the Final Notice and the premium payment are received by the NFIP after the 30-day period, but within 90 days following the expiration, the policy will be placed in force 30 days following receipt by the NFIP. • If the Final Notice and the premium payment are received after 90 days following the expiration date, the agent must submit a new application with the full annual premium. The standard 30-day wait rules will apply. VI. INSUFFICIENT RENEWAL INFORMATION To generate Renewal Notices and Final Notices, the NFIP must have received acceptable application data. A Renewal Notice will not be generated in cases where a policy application has not been corrected prior to the start of a renewal cycle. Therefore, it is important that producers respond immediately to the requests for additional information. VII. ENDORSEMENTS DURING RENEWAL CYCLE Endorsements received at the NFIP within 75 days of the policy expiration date may not be reflected on the renewal bill. The producer should, therefore, ensure that the new policy is properly endorsed after renewal. The producer should use a renewal application to ensure that all changes are reflected on the renewal. VIII. SEVERE REPETITIVE LOSS PROPERTIES All policy transactions for Severe Repetitive Loss (SRL) properties must be processed by the NFIP Special Direct Facility. See the SRL section of this manual for information. REN 2 May 1, 2008 SUMMARY OF POLICY NOTICES NOTICES RENEWAL NOTICE Shown on pages REN 4-5 FINAL NOTICE Shown on pages REN 6-7 POLICY DECLARATIONS PAGE Not shown INSURED PRODUCER MORTGAGEE NFIP mails notice for NFIP mails notice for NFIP mails notice for payment 45 days prior to renewal date. payment 45 days prior to renewal date. payment 45 days prior to renewal date. NFIP mails notice on policy expiration date. NFIP mails notice on policy expiration date. NFIP mails a 30-day notice of nonrenewal on expiration date. Mortgagee protection terminates 30 days after mailing of notice. NFIP mails Policy Declarations Page. NFIP mails Policy Declarations Page. NFIP mails Policy Declarations Page. REN 3 May 1, 2008 REN 4 May 1, 2008 REN 5 May 1, 2008 REN 6 May 1, 2008 REN 7 May 1, 2008 REN 8 May 1, 2008 CANCELLATION/NULLIFICATION Flood insurance coverage may be terminated at any time, by either canceling or nullifying the policy, in accordance with a valid reason for the transaction, as described in Paragraphs I.B.1 - 24. If coverage is terminated, the insured may be entitled to a full or partial refund under applicable rules and regulations. In some instances, the insured might be ineligible for a refund. I. PROCEDURES AND VALID REASONS Submit a completed Cancellation/Nullification Request Form and proper documentation to the current NFIP insurer for processing. A. Refund Processing Procedures 1. The current NFIP insurer will be responsible for returning the premium for the current and 1 prior policy year, provided that it was the insurer for that period. If another NFIP insurer was the insurer for the prior policy year, it will be responsible for returning the premium for that year. 2. Requests for refunds for more than 2 years (Reason Codes 4, 6, 10, 16, and 22 only) must be processed by the NFIP Bureau. a. For requests processed by the Bureau, the current NFIP insurer must submit all of the documentation necessary to make a refund for any period exceeding 2 years. At a minimum, this documentation will consist of the following: • A policy cancellation request and the premium refund calculation for each year. • The company’s statistical records or declarations pages for each policy term and evidence of premium payments obtained from the insured if these documents are not available from the company’s records. • Photographs to verify ineligible risks. • For Cancellation Reason Code 22 only (standard policy eligible for PRP): A Letter of Map Amendment (LOMA); a Letter of Map Revision (LOMR); a copy of the most recent flood map marked to show the exact location and flood zone of the building; a letter indicating the exact location and flood zone of the building, and signed and dated by a local community official; an Elevation Certificate indicating the exact location and flood zone of the building, and signed and dated by a surveyor, engineer, architect, or local community official; or a flood zone determination certification that guarantees the accuracy of the information. b. Mail the appropriate documentation to the NFIP Bureau and Statistical Agent, Underwriting Department, P.O. Box 310, Lanham, MD 20703. 3. WYO Companies will be notified of the premium refunded and the Expense Allowance due to the NFIP. The companies must maintain this documentation as part of their underwriting files. 4. The insured must have a current NFIP policy to be eligible for a refund of any prior year’s premium. All existing refund rules concerning the Federal Policy Fee and producer commission remain in effect. TRRP reason codes in this section are used for reporting purposes only. B. Valid Reason Codes for Cancellation/ Nullification of NFIP Policies 1. Building Sold or Removed. (TRRP reason 01) The insured has sold or transferred ownership of the insured property and no longer has an insurable interest; the builder or developer has requested to cancel the policy mid-term because a newly created association has purchased a policy under its name; or the insured property has been removed from the described location. This reason code also may be used if the building has been foreclosed or if the building is considered a total loss because the building damage is greater than or equal to the replacement cost of the building. The effective date of the cancellation is the date the insured ceased to have an insurable interest in the property. For buildings sold, proof-of-sale documentation is required. y Type of Refund: Pro Rata y Years Eligible for Refund: Up to 2 years y Cancellation Request: Must be received within 1 year of date of sale or removal if the policy has expired .. Documentation: Bill of sale, settlement statement, foreclosure notice, proof of removal, or proof of total loss CN 1 May 1, 2008 2. Contents Sold or Removed. (TRRP reason 02) The insured has sold or transferred ownership of the insured property and no longer has an insurable interest, or the insured property has been completely removed from the described location. The effective date of the cancellation is the date the insured ceased to have an insurable interest in the property at the described location, or the date the property was removed from the described location. y Type of Refund: Pro Rata y Years Eligible for Refund: Up to 2 years y Cancellation Request: Must be received within 1 year of date of sale or removal y Documentation: Bill of sale, proof of contents removal, or proof of total loss 3. Policy Canceled and Rewritten To Establish a Common Expiration Date with Other Insurance Coverage. (TRRP reason 03) The new policy must be rewritten within the same company for the same or higher amounts of coverage. However, if it is rewritten for higher amounts of coverage, the waiting period rule will apply. The producer must submit a new Application and premium. Upon receipt of the new policy declarations page, the producer should request cancellation of the prior policy. The effective date of the cancellation will be the same as the effective date of the new policy. y Type of Refund: Pro Rata y Years Eligible for Refund: Current year y Cancellation Request: Must be received within 1 year of the new policy effective date y Documentation: Copy of new policy declarations page 4. Duplicate NFIP Policies. (TRRP reason 04) When a duplicate NFIP policy has been issued, only one policy can remain in effect. The insured can choose which policy is to remain in effect and which policy is to be canceled. This does not apply when there has been a deliberate creation of duplicate policies. If this event does occur, the policy with the later effective date must be canceled. Losses occurring under such circumstances will be adjusted according to the terms and conditions of the first policy. When coverage has been force-placed by a lender using a conventionally written standard policy because the required underwriting information is available, that policy is considered equivalent to the MPPP policy. The WYO Company is authorized to cancel the standard (forceplaced) policy, provided that a copy of the force-placement letter from the mortgagee and a copy of the policy declarations page are submitted with the Cancellation/ Nullification Request Form. The WYO Company is authorized to cancel the MPPP policy if a copy of the policy declarations page is submitted with the Cancellation/ Nullification Request Form. y Type of Refund: Pro Rata y Years Eligible for Refund: Up to 6 years y Cancellation Request: Must be received within 1 year of the policy expiration date y Documentation: Copy of declaration page(s) and, for the standard force- placed policy, a copy of the force- placement letter from the mortgagee 5. Non-Payment. (TRRP reason 05) When a producer accepts a premium payment from a client and then submits an agency check to the NFIP with the application, the policy may be nullified if the client's check is returned because of insufficient funds or any other reason the check is not made good to the producer. The bank's notice must be attached to the form when this situation occurs. If the producer can document this, a full premium refund is provided to the producer. If a WYO company has covered the premium for a prospective insured and then does not receive payment, the policy can be nullified. This reason cannot be used if the producer advanced agency funds and the client simply refused to pay the agency. y Type of Refund: Full CN 2 May 1, 2008 y Years Eligible for Refund: Current year y Cancellation Request: Must be received during the policy year y Documentation: Bank notice of nonpayment 6. Risk Not Eligible for Coverage. (TRRP reason 06) This reason is used to nullify a policy when an application was submitted and a policy issued on a property not eligible for coverage. A clear and precise explanation must be included when submitting this type of cancellation request. Examples include: -Property not located in a community participating in the NFIP. (The use of an incorrect community number allowed the policy to be issued.) -Contents located in an open building. -Property is located in a Coastal Barrier Resources System (CBRS) area. y Type of Refund: Full y Years Eligible for Refund: No limit, back to policy inception y Cancellation Request: Must be received within 1 year of the policy expiration date y Documentation: Tax records, Section 1316 declaration, or CBRA determination, as appropriate, or photographs showing ineligibility 7. Property Closing Did Not Occur. (TRRP reason 08) This reason is used to nullify a policy when a policy is issued for a closing at the time of settlement on a property and the transfer of the property does not take place. The client does not actually acquire an insurable interest in the property. y Type of Refund: Full y Years Eligible for Refund: Current year y Cancellation Request: Must be received during the policy year y Documentation: Statement from title company, lender, or attorney representing the interests of title company, lender, or insured, that the property closing did not occur 8. Policy Not Required by Mortgagee. (TRRP reason 50) This provides a means to cancel a policy when coverage was required by the mortgagee for a closing and it was later determined that the property was not located in a Special Flood Hazard Area (SFHA). As a result, coverage was not required by the mortgagee. The mortgagee’s statement to this effect must be attached to the Cancellation/Nullification Request Form. This cancellation reason can be used only if the cancellation request was made during the initial policy term. The cancellation effective date is the date the cancellation request is received by the writing company. A revised determination from the lender may be used to cancel the policy. A FEMA Out-As-Shown Determination, as a result of a LOMA application, is needed if there is a discrepancy between the lender’s and the insured’s determinations. NOTE: This cancellation reason may be used even if the policy was written as being in a non-SFHA. y Type of Refund: Pro Rata y Years Eligible for Refund: Current year y Cancellation Request: Must be received during the policy year y Documentation: Copy of original mandatory purchase document and current mortgagee statement that policy is not required; a revised determination from the lender showing that the building is not in an SFHA. 9. Insurance No Longer Required by Mortgagee Because Property Is No Longer Located in a Special Flood Hazard Area Because of a Physical Map Revision. (TRRP reason 09) Flood insurance was initially required by the mortgagee or other lender because the property was determined to be in an SFHA. Following the physical revision of a map, if the property is no longer located in an SFHA, then the policy may be canceled CN 3 May 1, 2008 provided the mortgagee confirms in writing that the insurance is no longer required because the property was removed from the SFHA. NOTE: RCBAP policies require a release from the mortgagee of every unit owner in the association or a statement of the unit owner, if no mortgagee. Only after this requirement is met can the policy be canceled. The condominium association must provide a signed letter that lists the number of units and specifies the owner of each unit. y Type of Refund: Full y Years Eligible for Refund: Current year and for an additional policy year in those cases where the insured had been required to renew the policy during the 6-month period when a revised map was being printed, provided no claim has been paid or is pending during the policy year that is being canceled y Cancellation Request: Must be received during the policy year or within 6 months of the policy expiration date y Documentation: Statement from mortgagee that insurance was required as part of mortgage but is no longer required, and a copy of the revised map 10. Condominium Policy (Unit or Association) Converting to RCBAP. (TRRP reason 45) This provides a means to cancel a condominium policy because coverage is being provided under an RCBAP. Duplicate coverage occurs when the unit owner policy and the RCBAP limits are more than the cost of the unit, up to the maximum limits of the Program. y Type of Refund: A pro rata premium refund, including Federal Policy Fee and Probation Surcharge, is provided. y Years Eligible for Refund: Up to 6 years y Cancellation Request: Must be received within 1 year of the policy expiration date .. Documentation: Copy of RCBAP and value of unit 12. Mortgage Paid Off. (TRRP reason 52) This reason is used to cancel a policy that was obtained due to a requirement by a mortgagee or lender as a condition of a mortgage loan, and that mortgage loan has now been paid off, provided no claim has been paid or is pending. y Type of Refund: Pro Rata y Years Eligible for Refund: Current year y Cancellation Request: Must be received within 6 months of the date the mortgage was paid off for the cancellation to be effective on the date of payoff. When the request is received after 6 months, the effective date for cancellation is the receipt date of the request. y Documentation: Statement from mortgagee that mortgage has been paid off and that flood insurance was required as part of mortgage 13. Voidance Prior to Effective Date. (TRRP reason 60) This reason is used when coverage is not mandatory and a policyholder decides during the 30-day waiting period, or prior to the effective date of a renewal, not to take the policy, after submitting a premium payment. y Type of Refund: Full y Years Eligible for Refund: Current year y Cancellation Request: Must be received prior to the policy effective date y Documentation: Policyholder’s request 14. Voidance Due to Credit Card Error. (TRRP reason 70) This reason is used when an error or billing dispute occurs (processing error or fraud) on a credit card payment. y Type of Refund: Full y Years Eligible for Refund: Current year y Cancellation Request: Must be received during the policy year y Documentation: Credit card notice of non-payment CN 4 May 1, 2008 15. Insurance No Longer Required Based on FEMA Review of Lender's Special Flood Hazard Area Determination. (TRRP reason 16) Flood insurance was initially required by the mortgagee or other lender because the property was determined to be in a Special Flood Hazard Area (SFHA). Following a review under the Flood Disaster Protection Act of 1973, as amended, FEMA issued a Letter of Determination Review (LODR) because the building or manufactured home is not in an SFHA and insurance is not required. The policy may be canceled back to inception. This cancellation reason can be used only if the request from the borrower and lender was sent to FEMA for a LODR within 45 days from the lender’s notification to the borrower that the building is in an SFHA and that flood insurance is required. y Type of Refund: Full y Years Eligible for Refund: Current year provided no claim has been paid or is pending y Cancellation Request: Must be received during the policy year or within 6 months of the policy expiration date y Documentation: Copy of FEMA’s Letter of Determination Review, and statement from the lender that flood insurance is not required 16. Duplicate Policies from Sources Other Than the NFIP. (TRRP reason 17) This reason code is used to cancel an NFIP policy when a duplicate policy has been obtained from sources other than the NFIP. y Type of Refund: Pro Rata y Years Eligible for Refund: Current year y Cancellation Request: Must be received within 6 months of the new policy effective date. When the request is received after 6 months, the effective date for cancellation is the receipt date of the request. y Documentation: Copy of declarations page of the new policy and a statement from the mortgagee, if any, accepting the non-NFIP policy as the replacement 18. Mortgage Paid Off on a Mortgage Portfolio Protection Program (MPPP) Policy. (TRRP reason 52) This reason code is used to cancel an MPPP Policy after the mortgage is paid off, provided no claim has been paid or is pending. y Type of Refund: Pro Rata y Years eligible for refund: Current year • Cancellation Request: Must be received within 6 months of the date the mortgage was paid off for the cancellation to be effective on the date of payoff. When the request is received after 6 months, the effective date for cancellation is the receipt date of the request. y Documentation: Statement from mortgagee that mortgage has been paid off and that flood insurance was required as part of mortgage 19. Insurance No Longer Required by the Mortgagee Because the Structure Has Been Removed from the Special Flood Hazard Area (SFHA) by Means of Letter of Map Amendment (LOMA) or Letter of Map Revision (LOMR). (TRRP reason 20) Where flood insurance was required by the mortgagee or other lender because the property was determined to be in an SFHA, and it is later determined that the property is no longer located in an SFHA through the issuance of a LOMA or LOMR, the policy can be canceled provided the lender confirms in writing that the insurance is no longer required because the property was removed from the SFHA. A copy of the LOMA or LOMR must accompany this request. NOTE: RCBAP policies require a release from the mortgagee of every unit owner in the association or a statement of the unit owner, if no mortgagee. Only after this requirement is met can the policy be canceled. The condominium association must provide a signed letter that lists the number of units and the owner of each unit. • Type of Refund: Full CN 5 May 1, 2008 • Years Eligible for Refund: Current year and, if applicable, 1 prior year provided no claim has been paid or is pending during the policy year that is being canceled • Cancellation Request: Must be received during the policy year or within 6 months of the policy expiration date y Documentation: Statement from mortgagee that flood insurance is no longer required because the property was removed from the SFHA, and a copy of the LOMA/LOMR; OR, in the case of multi-property LOMAs or LOMRs that do not list the property’s specific building, street address, lot number, or rural address, any of the following and a copy of the LOMA/LOMR: - A letter that an insured received from their community official stating that their structure was removed from the SFHA by a multi-property LOMR or LOMA. - A letter from the applicable community official, on official letterhead, stating that the building was included in the area removed from the SFHA by the multi-property LOMR or LOMA, which listed only boundaries/intersections of streets, lot numbers, or rural addresses. -In cases, and only in cases, where (1) a community official could not or would not provide a letter, or (2) the structure has a rural address, the following set of two documents may be submitted: ¾ A copy of a legal notice, such as a real estate assessment notice or a water/sewer notice, that shows the lot number, street or rural address, or other legal designation of the location of the structure, and .. A letter from the mortgage lender that (1) shows the lot number, street or rural address, or other legal designation of the location of the structure, and that (2) states that the structure was within the boundaries of the area removed from the SFHA by the LOMR or LOMA. Letters from community officials must match the street address and lot number with a specific multi-property LOMR or LOMA, stating that the individual building street address, lot number, or rural address (e.g., RR, Box #, Hwy) was included in the area covered by the LOMR or LOMA. The NFIP Servicing Agent and the WYO Companies may accept zone determinations in lieu of the documentation cited above for these situations. 20. Policy Was Written to the Wrong Facility (Severe Repetitive Loss Property). (TRRP reason 21) This reason is used to cancel a policy flat when coverage was inadvertently written to the wrong facility on those structures that were identified as part of the Severe Repetitive Loss Properties. The cancellation effective date must be the same as the policy effective date. y Type of Refund: Full y Years Eligible for Refund: Current year y Cancellation Request: Must be received during the policy year y Documentation: Report provided by the NFIP Bureau and Statistical Agent identifying the building as a Severe Repetitive Loss Property 21. Other: Continuous Lake Flooding or Closed Basin Lakes. (TRRP reason 10) This cancellation code is used for continuous lake flooding or closed basin lakes. The cancellation can be for only one term of a policy. The cancellation effective date must be after the date of loss. y Type of Refund: No refund allowed y Years Eligible for Refund: N/A y Cancellation Request: N/A y Documentation: FEMA notification CN 6 May 1, 2008 22. Cancel/Rewrite Due to Misrating. (TRRP reason 22) This reason code is used when ineligible PRPs or MPPP policies are canceled and rewritten within the same company and when changes are made due to system constraints. The code should also be used to cancel a standard policy that is eligible for a PRP. Refunds resulting from the cancellation must be applied to the rewritten policy prior to any refund being generated. Use New/Rollover Indicator “Z” to report the new policy. y Type of Refund: Full y Years Eligible for Refund: Up to 6 years y Cancellation Request: N/A y Documentation: LOMA, LOMR, zone determination, copy of map, etc. 23. Fraud. (TRRP reason 23) This reason code is used when fraud has been determined by FEMA. No premium refund is allowed with this reason code. The agent will retain the full commission, and the company’s expense allowance will not be reduced. y Type of Refund: No refund allowed y Years Eligible for Refund: N/A y Cancellation Request: N/A y Documentation: FEMA notification 24. Cancel/Rewrite Due to Map Revision, LOMA, or LOMR. (TRRP reason 24) This reason code is used to cancel and rewrite a standard flood insurance policy to a PRP within the same company as the result of a map revision, LOMA, or LOMR. The standard policy will be canceled and rewritten as a PRP as of inception. Use New/Rollover Indicator “Z” to report the new policy. Premium from the canceled policy will be applied to the PRP with the difference refunded to the policyholder. No 30-day waiting period will apply to the PRP. The agent will retain the full commission, and the company’s expense allowance will not be reduced. This rule applies to the current policy year and one prior year provided that the effective date of the map revision or LOMA/LOMR occurred during the prior year. y Type of Refund: Full y Years Eligible for Refund: 2 y Cancellation Request: Must be received during the policy year or within 6 months of the policy expiration date y Documentation: Copy of revised map, LOMA, or LOMR. II. COMPLETING THE CANCELLATION/ NULLIFICATION REQUEST FORM A. Current Policy Number In the upper right corner of the form, enter the NFIP policy number. B. Policy Term Enter the policy term and the cancellation effective date. C. Agent Information Enter the complete name, mailing address, phone number, and fax number of the producer. D. Insured Mail Address Enter the complete name, mailing address, and phone number of the insured. If the insured has moved to a new location, enter the new mailing address. E. First Mortgagee Enter the complete name, mailing address, phone number, and fax number of the first mortgagee. F. Other Parties Notified Enter the complete name and mailing address of all other interested parties who are to be notified, such as any additional insured, the second mortgagee, the loss payee, trustee, or disaster assistance agency. G. Property Location Enter the location of the insured property. CN 7 May 1, 2008 H. Cancellation Reason Code Check the reason for cancellation of the policy and provide any additional information required. I. Refund Check the appropriate box to indicate to whom the refund is to be made payable. When a Cancellation/Nullification Request Form is received that directs the NFIP to make a premium refund to the PAYOR and the policy has been endorsed showing the PAYOR as a WYO Company or agency, the NFIP will make the refund payable to the insured and mail the refund in care of the producer. Check the appropriate box to indicate to whom the refund should be mailed. J. Signature The insured must sign and date the Cancellation/Nullification Request Form for all cancellation reason codes except 5 and 22. The producer must sign, date, and enter a Tax I.D. Number in every case. Electronic transactions are permitted if the business process includes authentication of signatures and dates of receipt of premium. WYO companies are responsible for determining the business practices and transaction authentication methods they will use to ensure the security and integrity of such transactions. After completing the form, attach all required supporting documents and mail the original to the NFIP. The producer should retain the second copy, give the third copy to the insured, and the fourth copy to the mortgagee. After processing the Cancellation/Nullification Request Form, the NFIP will send the producer, mortgagee, and insured a notice of cancellation. CN 8 May 1, 2008 Processing Outcomes for Cancellation/Nullification of a Flood Insurance Policy CN 9 May 1, 2008 Reason Code for Cancellation/ Nullification (with TRRP Code) PREMIUM REFUND FEDERAL POLICY FEE AND PROBATION SURCHARGE PRODUCER COMMISSION (Direct Business Only) Full Pro Rata Full Refund Pro Rata Fully Earned Full Deduction Pro Rata Retained 1 (01) 9 9 .. 2 (02) 9 9 .. 3 (03) 9 9 .. 4 (04) 9 9 .. 5 (05) 9 9 .. 6 (06) 9 9 .. 7 (08) 9 9 .. 8 (50) 9 9 .. 9 (09) 9 9 .. 10 (45) 9 9 .. 12 (52) 9 9 .. 13 (60) 9 9 .. 14 (70) 9 9 .. 15 (16) 9 9 .. 16 (17) 9 9 .. 18 (52) 9 9 .. 19 (20) 9 9 .. 20 (21) 9 9 .. 21 (10) NO REFUND ALLOWED 9 .. 22 (22) 9 9 .. 23 (23) NO REFUND ALLOWED 9 .. 24 (24) 9 9 .. CN 10 May 1, 2008 CN 11 May 1, 2008 CLAIMS I. INSURED'S RESPONSIBILITIES A. Filing a Claim In the event of loss, the insured is required to: • Give written notice of loss to the National Flood Insurance Program (NFIP) or the applicable WYO Company, as soon as practicable, using the NFIP Notice of Loss form or similar form; • Exhibit all remains of the property, as required; • If requested, submit to an examination under oath, as required; • Provide evidence and documentation to substantiate the loss, as required; and • File a Proof of Loss within 60 days of the loss, unless this requirement is waived by the Federal Emergency Management Agency (FEMA). The NFIP has a standard Proof of Loss form which the adjuster assigned to the loss may provide and assist the insured in completing. However, independent adjusters do not have the authority either to approve or to deny claims. Adjusters' recommendations for payment or denial are not binding on the NFIP or the WYO Company and are subject to approval and correction by the NFIP or the WYO Company staff. The Proof of Loss form may be waived on claims for less than $7,500. In this case, the insured will be required to sign the NFIP Final Report form, which summarizes the loss and claim figures. B. Appealing a Claim Any insured who is dissatisfied with a claim settlement offered by the NFIP or the WYO Company should follow the procedures below, excerpted from the NFIP Flood Insurance Claims Handbook. Addressing Questions About Your Insurance Claim The NFIP provides you with a process to appeal decisions regarding your flood insurance claim. This process will help you resolve claim issues, but it cannot give you added coverage or claim limits beyond those in your NFIP policy. In filing and completing your insurance claim, you may have questions, or need further explanations of decisions that have been made, especially with regard to coverage, dollar amount of damages, or your Proof of Loss. FOUR STEPS TO APPEALING YOUR CLAIM Step 1 Talk with your adjuster, who has more knowledge about your claim than anyone. If you don’t understand certain decisions regarding, for example, application of coverage, timing of the filing of Proof of Loss, or the damage estimate, contact your adjuster first. Step 2 If you are not satisfied with the adjuster’s answers, or do not agree with decisions, get contact information for the adjuster’s supervisor. Step 3 If the adjuster’s supervisor can’t resolve your issues, contact the insurance company’s claim representative. Ask your insurance agent or your insurance company representative for assistance. Please refer to your flood policy for more information on appeals. See Paragraph R of the General Conditions Section. Step 4 If you still have questions or concerns after following steps one through three, contact the Federal Emergency Management Agency (FEMA). Write to: Federal Emergency Management Agency Federal Insurance Administrator Mitigation Division–Risk Insurance Branch 500 C Street, S.W. Washington, DC 20472 This letter should be written by the Named Insured (as it appears on your NFIP policy) or by a legal representative, if necessary. The representative should clearly identify his/her relationship to the Named Insured. (For example, a son or daughter could be handling a claim for an elderly parent.) CL 1 May 1, 2008 A legal representative may be asked to provide authorization from the Named Insured or other legal documents verifying the relationship. Your letter of appeal must be submitted to FEMA within 60 days from the date of the denial letter that you receive from your flood insurer. WHAT TO INCLUDE IN YOUR LETTER The following six items should be in your letter to FEMA in order to address your questions. (If for some reason, your policy is not available, your insurance agent can provide details for the first three items.) 1. The Policy Number, as shown on your NFIP policy’s Declarations Page. 2. The policyholder’s name, as shown as the Named Insured on the Declarations Page. 3. The property address, as shown on the Declarations Page. (Not your mailing address, if it is different from the property address.) 4. How you can be contacted, if you are out of your home. 5. The details of your concern. (Please be as complete as possible.) 6. The dates of contact and contact details for the persons with whom you have spoken in steps one through three on the previous page. WHAT TO INCLUDE WITH YOUR LETTER Enclose documentation of everything that supports your appeal. • Provide a copy of the insurer’s written denial, in whole or in part, of the claim; • Identify relevant policy and claim information and state the basis for the appeal; and • Submit relevant documentation to support the appeal, but only documentation that directly pertains to your claim. The following are examples of the kinds of documentation that FEMA will require: • A copy of the Proof of Loss submitted to the insurer, as required in the policy • Room-by-room itemized estimates from the adjuster (include contractors’ estimates), detailing unit costs and quantities for the items needing repair or replacement • Replacement cost Proofs of Loss • Adjuster’s Preliminary Report • Adjuster’s Final Report • Detailed damaged personal property inventories that include the approximate ages of the items • Completed Mobile Home Worksheet • Mobile home title, including salvage title • Real estate appraisals that exclude land values • Advance payment information • Clear photographs (exterior and interior) confirming damage that resulted from direct physical loss by or from flood • Proof that prior flood damage has been repaired • Evidence of insurance and policy information, i.e., Declarations Page • Elevation Certificate, if the building is elevated • The community’s determination concerning substantial damage • Information regarding substantial improvement • Zone determinations • Pre-loss and post-loss inventories • Financial statements • Tax records, lease agreements, sales contracts, settlement papers, deed, etc. • Emergency (911) address change information • Salvage information (proceeds and sales) • Condominium association by-laws • Proof of other insurance, including homeowners or wind policies, and any claim information submitted to the other companies • Waiver, Letter of Map Revision (LOMR), or Letter of Map Amendment (LOMA) information • Paid receipts and invoices including cancelled checks that support an insured’s out-of-pocket expenses pertaining to the claim • Underwriting decisions • Architectural plans and drawings • Death certificates • Last Will and Testament • Divorce decree • Power of attorney • Current lienholder information • Current loss payee information • Paid receipts and invoices documenting damaged stock • Detailed engineering reports specifically addressing flood-related damage and preexisting damage • Engineering surveys • Market values • Documentation of Flood Insurance Rate Map (FIRM) dates CL 2 May 1, 2008 • Documentation reflecting date(s) of construction and substantial improvement • Loan documents including closings • Evidence of insurability as a Residential Condominium Association • Franchise agreements • Letters of representation, i.e., attorneys and public adjusters • Any assignment of interest in a claim • And, any other pertinent information that FEMA may request in processing a claim. A re-inspection of your property may be conducted at the discretion of FEMA to gather more information. A request by FEMA for additional information will include the date by which the information must be provided, which shall in no case be less than 14 calendar days. Failure to provide the requested information in full within 14 calendar days may result in dismissal of your appeal. FEMA will ensure that all information necessary to rule on the appeal has been provided prior to making an appeal decision. LIMITATIONS ON APPEALS The appeals process is intended to resolve claim issues and is not intended to grant coverage or limits that are not provided by the Standard Flood Insurance Policy (SFIP). Filing an appeal does not waive any of the requirements for perfecting a claim under the SFIP or extend any of the time limitations set forth in the SFIP. 1. Disputes that are or have been subject to appraisal as provided for in the SFIP cannot be appealed. 2. If you file an appeal on any issue, that issue is no longer subject to resolution by appraisal or other pre-litigation remedies. 3. If you file suit against an insurer on the flood insurance claim issue, you are prohibited from filing an appeal. All appeals submitted for decision but not resolved shall be terminated upon notice of the commencement of litigation regarding the claim. APPEALS RESOLUTION FEMA will review the appeal documents, including any reinspection report, if appropriate. FEMA will provide specific information on what grounds the claim was initially denied. FEMA will provide an appeal decision in writing to the policyholder and insurer within 90 days from the date that all information has been submitted by the policyholder and will include specific information for the resolution of the appeal. No further administrative review will be provided to the insured. If you do not agree with the final decision, please refer to your flood insurance policy. See the “GENERAL CONDITIONS” Section, Paragraph R. “Suit Against Us.” The 1-year period to file suit commences with the written denial from the insurer and is not extended by the appeals process. II. PRODUCER'S RESPONSIBILITIES Producers may assign any NFIP Direct claim to an NFIP-approved independent adjuster except: • When, in major flooding disasters, the Flood Insurance Claims Office (FICO) makes all assignments. • When an Adjuster Control Office is established. • When a Claims Coordinating Office (CCO) is established. Failure to indicate the assigned adjuster on the loss notice, or assignment of an adjuster who is not authorized by the NFIP, will delay the adjustment process and may result in duplicate adjuster assignments. When it appears that a situation is serious enough that a FICO may be necessary, the NFIP will notify producers and producer trade associations in the affected area (using the broadcast media and press releases) as soon as possible to hold their loss notices unassigned until further instructions are received. In the case of a WYO Company claim, the WYO Company's producer will follow the established procedures when assigning an adjuster. III. SINGLE ADJUSTER PROGRAM IMPLEMENTATION A. Schedule and Notification FEMA and various Coastal Plans will determine whether a catastrophe event will necessitate a Single Adjuster Program (SAP) response. The National Weather Service declaration of a tropical CL 3 May 1, 2008 storm or hurricane event will begin the watch for possible single adjuster response. When the storm is 48 hours from landfall, this will initiate FEMA’s approval of the SAP response. During that time, the NFIP Bureau and Statistical Agent’s General Adjusters will be deployed to strategic areas close to where the storm is predicted to strike. At landfall, they will be able to immediately assess the damage impact from the storm. No later than 24 hours after landfall, the WYO Companies will be advised by telephone, fax, or e-mail through their designated Single Adjuster Liaison, as to the areas and state(s) that will be activated. At that point, the WYO Companies will be asked to immediately notify their agents of the SAP procedures in reporting the claims. The NFIP Bureau and Statistical Agent will notify the WYO Companies by telephone, fax, or e-mail to have their agency staff submit all flood losses that are reasonably believed to involve wind and flood damage to the State Coastal Plans (i.e., Windpool, Fairplan, Beachplan). The NFIP will notify all SAP Liaisons of the Claims Coordinating Office’s (CCO) location, telephone number, fax number, and address, if the CCO does not co-locate with the State Coastal Plans. When the CCO is operational, the WYO companies will be notified of all assigned claims. Notice of losses reflecting the assigned adjusting firms will be faxed each day. Once the assignment is made and communicated to each company, the WYO Company will manage its own loss adjustment. However, the Catastrophe CCO will ensure that the adjuster receives a copy of the loss assignments, the name of the WYO Company, and the SAP Liaison telephone number. B. Training The NFIP Bureau and Statistical Agent Claims Coordinator and FEMA will annually conduct coordination training sessions, both pre- and post-event, in conjunction with the State Coastal Plans, adjusters, state and local officials, and insurers to train all participants. These training sessions will include regional issues, the State Coastal Plans' procedures, confirmation of coverages for SAP losses, closed without payment (CWOP) procedures, adjuster resources, and duplicate assignments, etc. The NFIP Bureau and Statistical Agent will continue to provide training for specific problems and situations that may arise during a catastrophe event. FEMA suggests that within the first 48 hours, or whenever applicable, an adjuster briefing should be conducted for all SAP adjusters and adjusting firms to ensure that they understand program procedures. Guidelines contained in the NFIP Adjuster Claims Manual provide details to address particular claims issues. The manual can be accessed at http://www.fema.gov/business/nfip/claimsadj.shtm under “Information for Claims Adjusters.” C. Producer Responsibilities 1. When directed by FEMA, the producer will have no authority to assign any losses involving a flood policy when there is a reasonable belief that there is flood and wind damage, and will report the losses on the combined Wind/Flood loss notice to the Stationary CCO, with wind coverage information. 2. NFIP/WYO insurers insuring both the flood and the wind loss should not report the combined loss to the CCO, but will assign their own single adjuster. 3. The producers will report their flood losses via fax to the established CCO, along with wind coverage information in every instance except those mentioned above. In all cases the producer should send a copy of the loss notice to the insurer. 4. All separate wind losses insured by a WYO company where a flood policy exists will be reported to the CCO for assignment to qualified adjusting firms at the CCO. 5. Upon loss assignment, the insurer will be advised of the assigned adjusting firm by modem transfer, fax, or mail. 6. These procedures relate to assignment of claims only. Insurers may perform other procedures in accordance with their standard business practices. IV. INCREASED COST OF COMPLIANCE (ICC) CLAIMS The NFIP policy will pay a qualified policyholder up to $30,000 of Increased Cost of Compliance (ICC) benefits to bring a flood-damaged, insured building into compliance with state or local floodplain management laws or ordinances. To adequately advise clients at policy inception, and to assist them in the event of a claim, the producer should become familiar with ICC. CL 4 May 1, 2008 He or she can do this by attending an NFIP Agent Workshop. Workshop details and links to other training opportunities are available online at http://www.fema.gov/business/nfip/trainagt.shtm. More information about ICC can be found in the POL section of this manual (see III.D., Coverage D – Increased Cost of Compliance, in any of the policy forms) and online in NFIP brochures F-300 and F-663 (http://www.fema.gov/business/nfip/libfacts.shtm). CL 5 May 1, 2008 POLICY The Standard Flood Insurance Policy (SFIP), issued by the Federal Emergency Management Agency (FEMA), specifies the terms and conditions of the agreement of insurance between FEMA as the Insurer and the Named Insureds. Named Insureds in participating communities include owners, renters, builders of buildings that are in the course of construction, condominium associations, owners of residential condominium units, and mortgagees/trustees (applicable for building coverage only). Certain terms and conditions of flood insurance (e.g., Mortgage Clause, Reformation of Coverage) are unique to this policy. For information on Group Flood Insurance, see the Definitions section. There are three policy forms–the Dwelling Form, the General Property Form, and the Residential Condominium Building Association Policy Form. Selection of the applicable form to be used is dependent on the type of insurable property to be covered. Please refer to the SFIP contracts for detailed information on the contractual rights and duties of the Insurer and Insured(s). POL 1 May 1, 2008 DWELLING FORM Summary of Significant Changes, December 31, 2000 1. Section III. Property Covered, A. Coverage A - Building Property, 2. Additions and extensions to buildings that are connected by a rigid exterior wall, a solid load-bearing interior wall, a stairway, an elevated walkway, or a roof may be insured as part of the dwelling. At the option of the insured, these extensions and additions may be insured separately. Additions and extensions that are attached to and in contact with the building by means of a common interior wall that is not a solid load-bearing wall are always considered part of the dwelling and cannot be insured separately. 2. Section III. Property Covered, A. Coverage A Building Property, 3. Coverage for detached carports has been eliminated. 3. Section III. Property Covered, B. Coverage B Personal Property 4. Coverage has been extended to include coverage for cooking stoves, ranges, or refrigerators belonging to the renter, as well as 10 percent of contents coverage for improvements made by the renter to the building. 4. Section III. Property Covered, B. Coverage B Personal Property, 5. Coverage for condominium unit owners has been extended to apply up to 10 percent of the contents coverage for losses to interior walls, floors, and ceilings not covered by the condominium association's master policy. 5. Section III. Property Covered, B. Coverage B Personal Property, 6. Special Limits Coverage for fine arts, collectibles, jewelry, and furs, etc. has been increased to $2500. Also, personal property used in a business has been added under this extension of coverage. 6. Section III. Property Covered, C. Coverage C Other Coverages, 2.a. & b. Coverage for the two loss avoidance measures (sandbagging and relocation of property to protect it from flood or the imminent danger of flood) has been increased to $1,000 for each. 7. Section IV. Property Not Covered, 5.a. & b. Coverage has been changed to pay for losses to self- propelled vehicles used to service the described location or designed to assist handicapped persons provided that the vehicles are in a building at the described location. 8. Section IV. Property Not Covered, 7. Coverage is now specifically excluded for scrip and stored value cards. 9. Section IV. Property Not Covered, 14. Coverage for swimming pools, hot tubs and spas (that are not bathroom hot tubs or spas), and their equipment is now excluded. 10. Section V. Exclusions, B.1. & 2 The explanation of when coverage begins as it relates to a loss in progress has been simplified. 11. Section V. Exclusions, C. Coverage has been clarified to pay for losses from land subsidence under certain circumstances. Subsidence of land along a lake shore or similar body of water which results from the erosion or undermining of the shoreline caused by waves or currents of water exceeding cyclical levels that result in a flood continues to be covered. All other land subsidence is now excluded. 12. Section V. Exclusions, D.4.b.(3) Coverage is now excluded for water, moisture, mildew, or mold damage caused by the policyholder's failure to inspect and maintain the insured property after the flood waters recede. 13. Section V. Exclusions, D.6. Coverage is now added for damage from the pressure of water against the insured structure with the requirement that there be a flood in the area and the flood is the proximate cause of damage from the pressure of water against the insured structure. 14. Section V. Exclusions, F. An exclusion for the cost of testing for or monitoring of pollutants unless it is required by law or ordinance has been added. 15. Section VII. General Conditions, G. Reduction and Reformation of Coverage, 2.a.(2) If it is discovered before a claim occurs that there is incomplete rating information, the policyholder has 60 days to submit the missing rating information. Otherwise, the coverage is limited to the amount of coverage that can be purchased for the premium originally received and can only be increased by an endorsement that is subject to the appropriate waiting period (currently 30 days). 16. Section VII. General Conditions, V. Loss Settlement, 3. Special Loss Settlement, b.(1) Coverage for a manufactured or mobile home or a travel trailer eligible for replacement cost coverage is limited to 1.5 times its actual cash value. POL 2 May 1, 2008 FEDERAL EMERGENCY MANAGEMENT AGENCY NATIONAL FLOOD INSURANCE PROGRAM STANDARD FLOOD INSURANCE POLICY DWELLING FORM PLEASE READ THE POLICY CAREFULLY. THE FLOOD INSURANCE PROVIDED IS SUBJECT TO LIMITATIONS, RESTRICTIONS, AND EXCLUSIONS. THIS POLICY COVERS ONLY: 1. A NON-CONDOMINIUM RESIDENTIAL BUILDING DESIGNED FOR PRINCIPAL USE AS A DWELLING PLACE FOR ONE TO FOUR FAMILIES, OR 2. A SINGLE-FAMILY DWELLING UNIT IN A CONDOMINIUM BUILDING. I. AGREEMENT The Federal Emergency Management Agency (FEMA) provides flood insurance under the terms of the National Flood Insurance Act of 1968 and its amendments, and Title 44 of the Code of Federal Regulations (CFR). We will pay you for direct physical loss by or from flood to your insured property if you: 1. Have paid the correct premium; 2. Comply with all terms and conditions of this policy; and 3. Have furnished accurate information and statements. We have the right to review the information you give us at any time and to revise your policy based on our review. II. DEFINITIONS A. In this policy, "you" and "your" refer to the insured(s) shown on the Declarations Page of this policy and your spouse, if a resident of the same household. "Insured(s)" includes: Any mortgagee and loss payee named in the Application and Declarations Page, as well as any other mortgagee or loss payee determined to exist at the time of loss in the order of precedence. "We," "us," and "our" refer to the insurer. Some definitions are complex because they are provided as they appear in the law or regulations, or result from court cases. The precise definitions are intended to protect you. Flood, as used in this flood insurance policy, means: 1. A general and temporary condition of partial or complete inundation of two or more acres of normally dry land area or of two or more properties (at least one of which is your property) from: a. Overflow of inland or tidal waters; b. Unusual and rapid accumulation or runoff of surface waters from any source; c. Mudflow. 2. Collapse or subsidence of land along the shore of a lake or similar body of water as a result of erosion or undermining caused by waves or currents of water exceeding anticipated cyclical levels that result in a flood as defined in A.1.a. above. B. The following are the other key definitions that we use in this policy: 1. Act. The National Flood Insurance Act of 1968 and any amendments to it. 2. Actual Cash Value. The cost to replace an insured item of property at the time of loss, less the value of its physical depreciation. 3. Application. The statement made and signed by you or your agent in applying for this policy. The application gives information we use to determine the eligibility of the risk, the kind of policy to be issued, and the correct premium payment. The application is part of this flood insurance policy. For us to issue you a policy, the correct premium payment must accompany the application. 4. Base Flood. A flood having a one percent chance of being equaled or exceeded in any given year. Page 1 of 19 POL 3 May 1, 2008 5. Basement. Any area of the building, including any sunken room or sunken portion of a room, having its floor below ground level (subgrade) on all sides. 6. Building. a. A structure with two or more outside rigid walls and a fully secured roof, that is affixed to a permanent site; b. A manufactured home (a "manufactured home," also known as a mobile home, is a structure: built on a permanent chassis, transported to its site in one or more sections, and affixed to a permanent foundation); or c. A travel trailer without wheels, built on a chassis and affixed to a permanent foundation, that is regulated under the community's floodplain management and building ordinances or laws. Building does not mean a gas or liquid storage tank or a recreational vehicle, park trailer, or other similar vehicle, except as described in B.6.c. above. 7. Cancellation. The ending of the insurance coverage provided by this policy before the expiration date. 8. Condominium. That form of ownership of real property in which each unit owner has an undivided interest in common elements. 9. Condominium Association. The entity made up of the unit owners responsible for the maintenance and operation of: a. Common elements owned in undivided shares by unit owners; and b. Other real property in which the unit owners have use rights; where membership in the entity is a required condition of unit ownership. 10. Declarations Page. A computer-generated summary of information you provided in the application for insurance. The Declarations Page also describes the term of the policy, limits of coverage, and displays the premium and our name. The Declarations Page is a part of this flood insurance policy. 11. Described Location. The location where the insured building(s) or personal property are found. The described location is shown on the Declarations Page. 12. Direct Physical Loss By or From Flood. Loss or damage to insured property, directly caused by a flood. There must be evidence of physical changes to the property. 13. Dwelling. A building designed for use as a residence for no more than four families or a single-family unit in a building under a condominium form of ownership. 14. Elevated Building. A building that has no basement and that has its lowest elevated floor raised above ground level by foundation walls, shear walls, posts, piers, pilings, or columns. 15. Emergency Program. The initial phase of a community's participation in the National Flood Insurance Program. During this phase, only limited amounts of insurance are available under the Act. 16. Expense Constant. A flat charge you must pay on each new or renewal policy to defray the expenses of the Federal Government related to flood insurance. 17. Federal Policy Fee. A flat charge you must pay on each new or renewal policy to defray certain administrative expenses incurred in carrying out the National Flood Insurance Program. This fee covers expenses not covered by the expense constant. 18. Improvements. Fixtures, alterations, installations, or additions comprising a part of the insured dwelling or the apartment in which you reside. 19. Mudflow. A river of liquid and flowing mud on the surfaces of normally dry land areas, as when earth is carried by a current of water. Other earth movements, such as landslide, slope failure, or a saturated soil mass moving by liquidity down a slope, are not mudflows. 20. National Flood Insurance Program (NFIP). The program of flood insurance coverage and floodplain management administered under the Act and applicable Federal regulations in Title 44 of the Code of Federal Regulations, Subchapter B. 21. Policy. The entire written contract between you and us. It includes: a. This printed form; b. The application and Declarations Page; c. Any endorsement(s) that may be issued; and d. Any renewal certificate indicating that coverage has been instituted for a new policy and new policy term. Only one dwelling, which you specifically described in the application, may be insured under this policy. 22. Pollutants. Substances that include, but are not limited to, any solid, liquid, gaseous, or thermal irritant or contaminant, including smoke, vapor, soot, fumes, acids, alkalis, chemicals, and waste. "Waste" includes, but is not limited to, materials to be recycled, reconditioned, or reclaimed. Page 2 of 19 POL 4 May 1, 2008 23. Post-FIRM Building. A building for which construction or substantial improvement occurred after December 31, 1974, or on or after the effective date of an initial Flood Insurance Rate Map (FIRM), whichever is later. 24. Probation Premium. A flat charge you must pay on each new or renewal policy issued covering property in a community that the NFIP has placed on probation under the provisions of 44 CFR 59.24. 25. Regular Program. The final phase of a community's participation in the National Flood Insurance Program. In this phase, a Flood Insurance Rate Map is in effect and full limits of coverage are available under the Act. 26. Special Flood Hazard Area. An area having special flood, or mudflow, and/or flood-related erosion hazards, and shown on a Flood Hazard Boundary Map or Flood Insurance Rate Map as Zone A, AO, A1-A30, AE, A99, AH, AR, AR/A, AR/AE, AR/AH, AR/AO, AR/A1-A30, V1-V30, VE, or V. 27. Unit. A single-family unit you own in a condominium building. 28. Valued Policy. A policy in which the insured and the insurer agree on the value of the property insured, that value being payable in the event of a total loss. The Standard Flood Insurance Policy is not a valued policy. III. PROPERTY COVERED A. COVERAGE A - BUILDING PROPERTY We insure against direct physical loss by or from flood to: 1. The dwelling at the described location, or for a period of 45 days at another location as set forth in III.C.2.b., Property Removed to Safety. 2. Additions and extensions attached to and in contact with the dwelling by means of a rigid exterior wall, a solid load-bearing interior wall, a stairway, an elevated walkway, or a roof. At your option, additions and extensions connected by any of these methods may be separately insured. Additions and extensions attached to and in contact with the building by means of a common interior wall that is not a solid load- bearing wall are always considered part of the dwelling and cannot be separately insured. 3. A detached garage at the described location. Coverage is limited to no more than 10 percent of the limit of liability on the dwelling. Use of this insurance is at your option but reduces the building limit of liability. We do not cover any detached garage used or held for use for residential (i.e., dwelling), business, or farming purposes. 4. Materials and supplies to be used for construction, alteration, or repair of the dwelling or a detached garage while the materials and supplies are stored in a fully enclosed building at the described location or on an adjacent property. 5. A building under construction, alteration, or repair at the described location. a. If the structure is not yet walled or roofed as described in the definition for building (see II.B. 6.a.) then coverage applies: (1) Only while such work is in progress; or (2) If such work is halted, only for a period of up to 90 continuous days thereafter. b. However, coverage does not apply until the building is walled and roofed if the lowest floor, including the basement floor, of a non-elevated building or the lowest elevated floor of an elevated building is: (1) Below the base flood elevation in Zones AH, AE, A1-A30, AR, AR/AE, AR/AH, AR/A1-A30, AR/A, AR/AO; or (2) Below the base flood elevation adjusted to include the effect of wave action in Zones VE or V1-V30. The lowest floor levels are based on the bottom of the lowest horizontal structural member of the floor in Zones VE or V1-V30 and the top of the floor in Zones AH, AE, A1-A30, AR, AR/AE, AR/AH, AR/A1-A30, AR/A, AR/AO. 6. A manufactured home or a travel trailer as described in the Definitions section (see II.B.6.b. and II.B.6.c.). If the manufactured home or travel trailer is in a special flood hazard area, it must be anchored in the following manner at the time of the loss: a. By over-the-top or frame ties to ground anchors; or b. In accordance with the manufacturer's specifications; or c. In compliance with the community's floodplain management requirements; Page 3 of 19 POL 5 May 1, 2008 unless it has been continuously insured by the NFIP at the same described location since September 30, 1982. 7. The following items of property which are covered under Coverage A only: a. Awnings and canopies; b. Blinds; c. Built-in dishwashers; d. Built-in microwave ovens; e. Carpet permanently installed over unfinished flooring; f. Central air conditioners; g. Elevator equipment; h. Fire sprinkler systems; i. Walk-in freezers; j. Furnaces and radiators; k. Garbage disposal units; l. Hot water heaters, including solar water heaters; m. Light fixtures; n. Outdoor antennas and aerials fastened to buildings; o. Permanently installed cupboards, bookcases, cabinets, paneling, and wallpaper; p. Plumbing fixtures; q. Pumps and machinery for operating pumps; r. Ranges, cooking stoves, and ovens; s. Refrigerators; and t. Wall mirrors, permanently installed. 8. Items of property in a building enclosure below the lowest elevated floor of an elevated post-FIRM building located in Zones A1-A30, AE, AH, AR, AR/A, AR/AE, AR/AH, AR/A1-A30, V1-V30, or VE, or in a basement, regardless of the zone. Coverage is limited to the following: a. Any of the following items, if installed in their functioning locations and, if necessary for operation, connected to a power source: (1) Central air conditioners; (2) Cisterns and the water in them; (3) Drywall for walls and ceilings in a basement and the cost of labor to nail it, unfinished and unfloated and not taped, to the framing; (4) Electrical junction and circuit breaker boxes; (5) Electrical outlets and switches; (6) Elevators, dumbwaiters, and related equipment, except for related equipment installed below the base flood elevation after September 30, 1987; (7) Fuel tanks and the fuel in them; (8) Furnaces and hot water heaters; (9) Heat pumps; (10) Nonflammable insulation in a basement; (11) Pumps and tanks used in solar energy systems; (12) Stairways and staircases attached to the building, not separated from it by elevated walkways; (13) Sump pumps; (14) Water softeners and the chemicals in them, water filters, and faucets installed as an integral part of the plumbing system; (15) Well water tanks and pumps; (16) Required utility connections for any item in this list; and (17) Footings, foundations, posts, pilings, piers, or other foundation walls and anchorage systems required to support a building. b. Clean-up. B. COVERAGE B - PERSONAL PROPERTY 1. If you have purchased personal property coverage, we insure against direct physical loss by or from flood to personal property inside a building at the described location, if: a. The property is owned by you or your household family members; and b. At your option, the property is owned by guests or servants. Personal property is also covered for a period of 45 days at another location as set forth in III.C.2.b., Property Removed to Safety. Personal property in a building that is not fully enclosed must be secured to prevent flotation out of the building. If the personal property does float out during a flood, it will be conclusively presumed that it was not reasonably secured. In that case there is no coverage for such property. 2. Coverage for personal property includes the following property, subject to B.1. above, which is covered under Coverage B only: a. Air conditioning units, portable or window type; b. Carpets, not permanently installed, over unfinished flooring; c. Carpets over finished flooring; d. Clothes washers and dryers; e. "Cook-out" grills; f. Food freezers, other than walk-in, and food in any freezer; and g. Portable microwave ovens and portable dishwashers. 3. Coverage for items of property in a building enclosure below the lowest elevated floor of an elevated post-FIRM building located in Zones A1A30, AE, AH, AR, AR/A, AR/AE, AR/AH, AR/A1-A30, V1-V30, or VE, or in a basement, regardless of the zone, is limited to the following items, if installed in their functioning locations and, if necessary for operation, connected to a power source: a. Air conditioning units, portable or window type; b. Clothes washers and dryers; and c. Food freezers, other than walk-in, and food in any freezer. Page 4 of 19 POL 6 May 1, 2008 4. If you are a tenant and have insured personal property under Coverage B in this policy, we will cover such property, including your cooking stove or range and refrigerator. The policy will also cover improvements made or acquired solely at your expense in the dwelling or apartment in which you reside, but for not more than 10 percent of the limit of liability shown for personal property on the Declarations Page. Use of this insurance is at your option but reduces the personal property limit of liability. 5. If you are the owner of a unit and have insured personal property under Coverage B in this policy, we will also cover your interior walls, floor, and ceiling (not otherwise covered under a flood insurance policy purchased by your condominium association) for not more than 10 percent of the limit of liability shown for personal property on the Declarations Page. Use of this insurance is at your option but reduces the personal property limit of liability. 6. Special Limits. We will pay no more than $2,500 for any one loss to one or more of the following kinds of personal property: a. Artwork, photographs, collectibles, or memorabilia, including but not limited to, porcelain or other figures, and sports cards; b. Rare books or autographed items; c. Jewelry, watches, precious and semiprecious stones, or articles of gold, silver, or platinum; d. Furs or any article containing fur which represents its principal value; or e. Personal property used in any business. 7. We will pay only for the functional value of antiques. C. COVERAGE C - OTHER COVERAGES 1. Debris Removal a. We will pay the expense to remove non-owned debris on or in insured property and owned debris anywhere. b. If you or a member of your household perform the removal work, the value of your work will be based on the Federal minimum wage. c. This coverage does not increase the Coverage A or Coverage B limit of liability. 2. Loss Avoidance Measures a. Sandbags, Supplies, and Labor (1) We will pay up to $1,000 for costs you incur to protect the insured building from a flood or imminent danger of flood, for the following: (a) Your reasonable expenses to buy: (i) Sandbags, including sand to fill them; (ii) Fill for temporary levees; (iii) Pumps; and (iv) Plastic sheeting and lumber used in connection with these items. (b) The value of work, at the Federal minimum wage, that you or a member of your household perform. (2) This coverage for Sandbags, Supplies, and Labor applies only if damage to insured property by or from flood is imminent, and the threat of flood damage is apparent enough to lead a person of common prudence to anticipate flood damage. One of the following must also occur: (a) A general and temporary condition of flooding in the area near the described location must occur, even if the flood does not reach the insured building; or (b) A legally authorized official must issue an evacuation order or other civil order for the community in which the insured building is located calling for measures to preserve life and property from the peril of flood. This coverage does not increase the Coverage A or Coverage B limit of liability. b. Property Removed to Safety (1) We will pay up to $1,000 for the reasonable expenses you incur to move insured property to a place other than the described location that contains the property in order to protect it from flood or the imminent danger of flood. Page 5 of 19 POL 7 May 1, 2008 Reasonable expenses include the value of work, at the Federal minimum wage, that you (a) 80 percent or more replacement cost; or of its full or a member of your household perform. (2) If you move insured property to a location other than the described location that (b) The maximum amount permitted under the Act; of insurance contains the property, in order to protect it from flood or the imminent danger of flood, we will cover such property while at that location for a period of 45 consecutive days from the date you begin to move it there. The personal property that is moved must be (5) To the extent that payment under this policy for a condominium building loss, in combination with payments under any other NFIP policies for the same building loss, exceeds the maximum amount of insurance permitted under the Act for that kind of placed in a fully enclosed building or otherwise reasonably protected from the elements. Any property removed, including a moveable home described in II.B.6.b. and c., must be building; or (6) To the extent that payment under this policy for a condominium building loss, in combination with any recovery available to you as a tenant in common under any NFIP placed above ground levelspecial flood hazard area. or outside of the condominium association policies for the same building loss, exceeds the amount of insurance permitted under the Act for a This coverage does not increase the Coverage A single-family dwelling. or Coverage B limit of liability. Loss assessment coverage does not increase the 3. Condominium Loss Assessments Coverage A limit of liability. a. If this policy insures a unit, we will pay, up to the Coverage A limit of liability, your share of loss D. COVERAGE D - INCREASED COST OF COMPLIANCE assessments charged against you by the condominium association in accordance with 1. General the condominium association's articles association, declarations and your deed. of This policy pays you to comply with a State or local floodplain management law or ordinance affecting repair or reconstruction of a structure suffering flood The assessment must be made as a result of damage. Compliance activities eligible for payment direct physical loss by or from flood during the policy term, to the building's common elements. are: elevation, floodproofing, relocation, or demolition (or any combination of these activities) of your structure. Eligible floodproofing activities are limited b. We will not pay any loss assessment charged to: against you: a. Nonresidential structures. (1) And the condominium association by any governmental body; b. Residential structures with basements that satisfy FEMA's standards published in the Code (2) That results from a deductible under the insurance purchased by the condominium of Federal Regulations [44 CFR 60.6 (b) or (c)]. association insuring common elements; 2. Limit of Liability (3) That results from a loss to personal property, including contents of a condominium We will pay you up to $30,000 under this Coverage D - Increased Cost of Compliance, which only applies to building; policies with building coverage (Coverage A). Our payment of claims under Coverage D is in addition to (4) That results from a loss sustained by the condominium association that was not reimbursed under a flood insurance policy written in the name of the association under the Act because the building was not, at the time of loss, insured for an amount equal to the amount of coverage which you selected on the application and which appears on the Declarations Page. But the maximum you can collect under this policy for both Coverage A - Building Property and Coverage D -Increased Cost of Compliance cannot exceed the maximum permitted under the Act. We do the lesser of: not charge a separate deductible for a claim under Coverage D. Page 6 of 19 POL 8 May 1, 2008 3. Eligibility a. A structure covered under Coverage A - Building Property sustaining a loss caused by a flood as defined by this policy must: (1) Be a "repetitive loss structure." A repetitive loss structure is one that meets the following conditions: (a) The structure is covered by a contract of flood insurance issued under the NFIP. (b) The structure has suffered flood damage on two occasions during a 10year period which ends on the date of the second loss. (c) The cost to repair the flood damage, on average, equaled or exceeded 25 percent of the market value of the structure at the time of each flood loss. (d) In addition to the current claim, the NFIP must have paid the previous qualifying claim, and the State or community must have a cumulative, substantial damage provision or repetitive loss provision in its floodplain management law or ordinance being enforced against the structure; or (2) Be a structure that has had flood damage in which the cost to repair equals or exceeds 50 percent of the market value of the structure at the time of the flood. The State or community must have a substantial damage provision in its floodplain management law or ordinance being enforced against the structure. b. This Coverage D pays you to comply with State or local floodplain management laws or ordinances that meet the minimum standards of the National Flood Insurance Program found in the Code of Federal Regulations at 44 CFR 60.3. We pay for compliance activities that exceed those standards under these conditions: (1) 3.a.(1) above. (2) Elevation or floodproofing in any risk zone to preliminary or advisory base flood elevations provided by FEMA which the State or local government has adopted and is enforcing for flood-damaged structures in such areas. (This includes compliance activities in B, C, X, or D zones which are being changed to zones with base flood elevations. This also includes compliance activities in zones where base flood elevations are being increased, and a flood- damaged structure must comply with the higher advisory base flood elevation.) Increased Cost of Compliance coverage does not apply to situations in B, C, X, or D zones where the community has derived its own elevations and is enforcing elevation or floodproofing requirements for flood- damaged structures to elevations derived solely by the community. (3) Elevation or floodproofing above the base flood elevation to meet State or local "freeboard" requirements, i.e., that a structure must be elevated above the base flood elevation. c. Under the minimum NFIP criteria at 44 CFR 60.3 (b)(4), States and communities must require the elevation or floodproofing of structures in unnumbered A zones to the base flood elevation where elevation data is obtained from a Federal, State, or other source. Such compliance activities are also eligible for Coverage D. d. This coverage will also pay for the incremental cost, after demolition or relocation, of elevating or floodproofing a structure during its rebuilding at the same or another site to meet State or local floodplain management laws or ordinances, subject to Exclusion D.5.g. below. e. This coverage will also pay to bring a flood- damaged structure into compliance with State or local floodplain management laws or ordinances even if the structure had received a variance before the present loss from the applicable floodplain management requirements. 4. Conditions a. When a structure covered under Coverage A - Building Property sustains a loss caused by a flood, our payment for the loss under this Coverage D will be for the increased cost to elevate, floodproof, relocate, or demolish (or any combination of these activities) caused by the enforcement of current State or local floodplain management ordinances or laws. Our payment for eligible demolition activities will be for the cost to demolish and clear the site of the building debris or a portion thereof caused by the enforcement of current State or local floodplain management ordinances or laws. Eligible activities for the cost of clearing the site will include those necessary to discontinue utility service to the site and ensure proper abandonment of on-site utilities. b. When the building is repaired or rebuilt, it must be intended for the same occupancy as the present building unless otherwise required by current floodplain management ordinances or laws. Page 7 of 19 POL 9 May 1, 2008 5. Exclusions Under this Coverage D -Increased Cost of Compliance, we will not pay for: a. The cost to comply with any floodplain management law or ordinance in communities participating in the Emergency Program. b. The cost associated with enforcement of any ordinance or law that requires any insured or others to test for, monitor, clean up, remove, contain, treat, detoxify or neutralize, or in any way respond to, or assess the effects of pollutants. c. The loss in value to any insured building or other structure due to the requirements of any ordinance or law. d. The loss in residual value of the undamaged portion of a building demolished as a consequence of enforcement of any State or local floodplain management law or ordinance. e. Any Increased Cost of Compliance under this Coverage D: (1) Until the building is elevated, floodproofed, demolished, or relocated on the same or to another premises; and (2) Unless the building is elevated, floodproofed, demolished, or relocated as soon as reasonably possible after the loss, not to exceed 2 years (see 3.b.). f. Any code upgrade requirements, e.g., plumbing or electrical wiring, not specifically related to the State or local floodplain management law or ordinance. g. Any compliance activities needed to bring additions or improvements made after the loss occurred into compliance with State or local floodplain management laws or ordinances. h. Loss due to any ordinance or law that you were required to comply with before the current loss. i. Any rebuilding activity to standards that do not meet the NFIP's minimum requirements. This includes any situation where you have received from the State or community a variance in connection with the current flood loss to rebuild the property to an elevation below the base flood elevation. j. Increased Cost of Compliance for a garage or carport. k. Any structure insured under an NFIP Group Flood Insurance Policy. l. Assessments made by a condominium association on individual condominium unit owners to pay increased costs of repairing commonly owned buildings after a flood in compliance with State or local floodplain management ordinances or laws. 6. Other Provisions a. Increased Cost of Compliance coverage will not be included in the calculation to determine whether coverage meets the 80 percent insurance-to-value requirement for replacement cost coverage as set forth in VII. General Conditions, V. Loss Settlement. b. All other conditions and provisions of this policy apply. IV. PROPERTY NOT COVERED We do not cover any of the following property: 1. Personal property not inside the fully enclosed building; 2. A building, and personal property in it, located entirely in, on, or over water or seaward of mean high tide if it was constructed or substantially improved after September 30, 1982; 3. Open structures, including a building used as a boathouse or any structure or building into which boats are floated, and personal property located in, on, or over water; 4. Recreational vehicles other than travel trailers described in II.B.6.c., whether affixed to a permanent foundation or on wheels; 5. Self-propelled vehicles or machines, including their parts and equipment. However, we do cover self- propelled vehicles or machines not licensed for use on public roads that are: a. Used mainly to service the described location, or b. Designed and used to assist handicapped persons, while the vehicles or machines are inside a building at the described location; 6. Land, land values, lawns, trees, shrubs, plants, growing crops, or animals; 7. Accounts, bills, coins, currency, deeds, evidences of debt, medals, money, scrip, stored value cards, postage stamps, securities, bullion, manuscripts, or other valuable papers; Page 8 of 19 POL 10 May 1, 2008 8. Underground structures and equipment, including wells, septic tanks, and septic systems; 9. Those portions of walks, walkways, decks, driveways, patios, and other surfaces, all whether protected by a roof or not, located outside the perimeter, exterior walls of the insured building or the building in which the insured unit is located; 10. Containers, including related equipment, such as, but not limited to, tanks containing gases or liquids; 11. Buildings or units and all their contents if more than 49 percent of the actual cash value of the building or unit is below ground, unless the lowest level is at or above the base flood elevation and is below ground by reason of earth having been used as insulation material in conjunction with energy efficient building techniques; 12. Fences, retaining walls, seawalls, bulkheads, wharves, piers, bridges, and docks; 13. Aircraft or watercraft, or their furnishings and equipment; 14. Hot tubs and spas that are not bathroom fixtures, and swimming pools, and their equipment such as, but not limited to, heaters, filters, pumps, and pipes, wherever located; 15. Property not eligible for flood insurance pursuant to the provisions of the Coastal Barrier Resources Act and the Coastal Barrier Improvement Act and amendments to these acts; 16. Personal property you own in common with other unit owners comprising the membership of a condominium association. V. EXCLUSIONS A. We only provide coverage for direct physical loss by or from flood, which means that we do not pay you for: 1. Loss of revenue or profits; 2. Loss of access to the insured property or described location; 3. Loss of use of the insured property or described location; 4. Loss from interruption of business or production; 5. Any additional living expenses incurred while the insured building is being repaired or is unable to be occupied for any reason; 6. The cost of complying with any ordinance or law requiring or regulating the construction, demolition, remodeling, renovation, or repair of property, including removal of any resulting debris. This exclusion does not apply to any eligible activities that we describe in Coverage D - Increased Cost of Compliance; or 7. Any other economic loss. B. We do not insure a loss directly or indirectly caused by a flood that is already in progress at the time and date: 1. The policy term begins; or 2. Coverage is added at your request. C. We do not insure for loss to property caused directly by earth movement even if the earth movement is caused by flood. Some examples of earth movement that we do not cover are: 1. Earthquake; 2. Landslide; 3. Land subsidence; 4. Sinkholes; 5. Destabilization or movement of land that results from accumulation of water in subsurface land area; or 6. Gradual erosion. We do, however, pay for losses from mudflow and land subsidence as a result of erosion that are specifically covered under our definition of flood (see II.A.1.c. and II.A.2.). D. We do not insure for direct physical loss caused directly or indirectly by any of the following: 1. The pressure or weight of ice; 2. Freezing or thawing; 3. Rain, snow, sleet, hail, or water spray; 4. Water, moisture, mildew, or mold damage that results primarily from any condition: a. Substantially confined to the dwelling; or b. That is within your control, including but not limited to: (1) Design, structural, or mechanical defects; Page 9 of 19 POL 11 May 1, 2008 (2) Failure, stoppage, or breakage of water or sewer lines, drains, pumps, fixtures, or equipment; or (3) Failure to inspect and maintain the property after a flood recedes; 5. Water or waterborne material that: a. Backs up through sewers or drains; b. Discharges or overflows from a sump, sump pump, or related equipment; or c. Seeps or leaks on or through the covered property; unless there is a flood in the area and the flood is the proximate cause of the sewer or drain backup, sump pump discharge or overflow, or seepage of water; 6. The pressure or weight of water unless there is a flood in the area and the flood is the proximate cause of the damage from the pressure or weight of water; 7. Power, heating, or cooling failure unless the failure results from direct physical loss by or from flood to power, heating, or cooling equipment on the described location; 8. Theft, fire, explosion, wind, or windstorm; 9. Anything you or any member of your household do or conspire to do to cause loss by flood deliberately; or 10. Alteration of the insured property that significantly increases the risk of flooding. E. We do not insure for loss to any building or personal property located on land leased from the Federal Government, arising from or incident to the flooding of the land by the Federal Government, where the lease expressly holds the Federal Government harmless under flood insurance issued under any Federal Government program. F. We do not pay for the testing for or monitoring of pollutants unless required by law or ordinance. VI. DEDUCTIBLES A. When a loss is covered under this policy, we will pay only that part of the loss that exceeds your deductible amount, subject to the limit of liability that applies. The deductible amount is shown on the Declarations Page. However, when a building under construction, alteration, or repair does not have at least two rigid exterior walls and a fully secured roof at the time of loss, your deductible amount will be two times the deductible that would otherwise apply to a completed building. B. In each loss from flood, separate deductibles apply to the building and personal property insured by this policy. C. The deductible does not apply to: 1. III.C.2. Loss Avoidance Measures; 2. III.C.3. Condominium Loss Assessments; or 3. III.D. Increased Cost of Compliance. VII. GENERAL CONDITIONS A. Pairs and Sets B. Concealment or Fraud and Policy Voidance In case of loss to an article that is part of a pair or set, we 1. With respect to all insureds under this policy, this will have the option of paying you: policy: 1. An amount equal to the cost of replacing the lost, a. Is void; damaged, or destroyed article, minus its depreciation; or b. Has no legal force or effect; 2. The amount that represents the fair proportion of the c. Cannot be renewed; and total value of the pair or set that the lost, damaged, or destroyed article bears to the pair or set. d. Cannot be replaced by a new NFIP policy; Page 10 of 19 POL 12 May 1, 2008 if, before or after a loss, you or any other insured or your agent have at any time: (1) Intentionally concealed or misrepresented any material fact or circumstance; (2) Engaged in fraudulent conduct; or (3) Made false statements; relating to this policy or any other NFIP insurance. 2. This policy will be void as of the date the wrongful acts described in B.1. above were committed. 3. Fines, civil penalties, and imprisonment under applicable Federal laws may also apply to the acts of fraud or concealment described above. 4. This policy is also void for reasons other than fraud, misrepresentation, or wrongful act. This policy is void from its inception and has no legal force under the following conditions: a. If the property is located in a community that was not participating in the NFIP on the policy's inception date and did not join or reenter the program during the policy term and before the loss occurred; or b. If the property listed on the application is otherwise not eligible for coverage under the NFIP. C. Other Insurance 1. If a loss covered by this policy is also covered by other insurance that includes flood coverage not issued under the Act, we will not pay more than the amount of insurance that you are entitled to for lost, damaged, or destroyed property insured under this policy subject to the following: a. We will pay only the proportion of the loss that the amount of insurance that applies under this policy bears to the total amount of insurance covering the loss, unless C.1.b. or c. immediately below applies. b. If the other policy has a provision stating that it is excess insurance, this policy will be primary. c. This policy will be primary (but subject to its own deductible) up to the deductible in the other flood policy (except another policy as described in C.1.b. above). When the other deductible amount is reached, this policy will participate in the same proportion that the amount of insurance under this policy bears to the total amount of both policies, for the remainder of the loss. 2. If there is other insurance in the name of your condominium association covering the same property covered by this policy, then this policy will be in excess over the other insurance. D. Amendments, Waivers, Assignment This policy cannot be changed nor can any of its provisions be waived without the express written consent of the Federal Insurance Administrator. No action that we take under the terms of this policy constitutes a waiver of any of our rights. You may assign this policy in writing when you transfer title of your property to someone else, except under these conditions: 1. When this policy covers only personal property; or 2. When this policy covers a structure during the course of construction. E. Cancellation of Policy by You 1. You may cancel this policy in accordance with the applicable rules and regulations of the NFIP. 2. If you cancel this policy, you may be entitled to a full or partial refund of premium also under the applicable rules and regulations of the NFIP. F. Nonrenewal of the Policy by Us Your policy will not be renewed: 1. If the community where your covered property is located stops participating in the NFIP; or 2. If your building has been declared ineligible under Section 1316 of the Act. G. Reduction and Reformation of Coverage 1. If the premium we received from you was not enough to buy the kind and amount of coverage you requested, we will provide only the amount of coverage that can be purchased for the premium payment we received. 2. The policy can be reformed to increase the amount of coverage resulting from the reduction described in G.1. above to the amount you requested as follows: a. Discovery of insufficient premium or incomplete rating information before a loss. (1) If we discover before you have a flood loss that your premium payment was not enough to buy the requested amount of coverage, we will send you and any mortgagee or trustee known to us a bill for the required additional premium for the current policy term (or that portion of the current policy term following any endorsement changing Page 11 of 19 POL 13 May 1, 2008 the amount of coverage). If you or the mortgagee or trustee pay the additional premium within 30 days from the date of our bill, we will reform the policy to increase the amount of coverage to the originally requested amount effective to the beginning of the current policy term (or subsequent date of any endorsement changing the amount of coverage). (2) If we determine before you have a flood loss that the rating information we have is incomplete and prevents us from calculating the additional premium, we will ask you to send the required information. You must submit the information within 60 days of our request. Once we determine the amount of additional premium for the current policy term, we will follow the procedure in G.2.a.(1) above. (3) If we do not receive the additional premium (or additional information) by the date it is due, the amount of coverage can only be increased by endorsement subject to any appropriate waiting period. b. Discovery of insufficient premium or incomplete rating information after a loss. (1) If we discover after you have a flood loss that your premium payment was not enough to buy the requested amount of coverage, we will send you and any mortgagee or trustee known to us a bill for the required additional premium for the current and the prior policy terms. If you or the mortgagee or trustee pay the additional premium within 30 days from the date of our bill, we will reform the policy to increase the amount of coverage to the originally requested amount effective to the beginning of the prior policy term. (2) If we discover after you have a flood loss that the rating information we have is incomplete and prevents us from calculating the additional premium, we will ask you to send the required information. You must submit the information before your claim can be paid. Once we determine the amount of additional premium for the current and prior policy terms, we will follow the procedure in G.2.b.(1) above. (3) If we do not receive the additional premium by the date it is due, your flood insurance claim will be settled based on the reduced amount of coverage. The amount of coverage can only be increased by endorsement subject to any appropriate waiting period. 3. However, if we find that you or your agent intentionally did not tell us, or falsified, any important fact or circumstance or did anything fraudulent relating to this insurance, the provisions of Condition B. Concealment or Fraud and Policy Voidance apply. H. Policy Renewal 1. This policy will expire at 12:01 a.m. on the last day of the policy term. 2. We must receive the payment of the appropriate renewal premium within 30 days of the expiration date. 3. If we find, however, that we did not place your renewal notice into the U.S. Postal Service, or if we did mail it, we made a mistake, e.g., we used an incorrect, incomplete, or illegible address, which delayed its delivery to you before the due date for the renewal premium, then we will follow these procedures: a. If you or your agent notified us, not later than 1 year after the date on which the payment of the renewal premium was due, of nonreceipt of a renewal notice before the due date for the renewal premium, and we determine that the circumstances in the preceding paragraph apply, we will mail a second bill providing a revised due date, which will be 30 days after the date on which the bill is mailed. b. If we do not receive the premium requested in the second bill by the revised due date, then we will not renew the policy. In that case, the policy will remain an expired policy as of the expiration date shown on the Declarations Page. 4. In connection with the renewal of this policy, we may ask you during the policy term to recertify, on a Recertification Questionnaire we will provide to you, the rating information used to rate your most recent application for or renewal of insurance. I. Conditions Suspending or Restricting Insurance We are not liable for loss that occurs while there is a hazard that is increased by any means within your control or knowledge. J. Requirements in Case of Loss In case of a flood loss to insured property, you must: 1. Give prompt written notice to us; 2. As soon as reasonably possible, separate the damaged and undamaged property, putting it in the best possible order so that we may examine it; 3. Prepare an inventory of damaged property showing the quantity, description, actual cash value, and amount of loss. Attach all bills, receipts, and related documents; Page 12 of 19 POL 14 May 1, 2008 4. Within 60 days after the loss, send us a proof of loss, which is your statement of the amount you are claiming under the policy signed and sworn to by you, and which furnishes us with the following information: a. The date and time of loss; b. A brief explanation of how the loss happened; c. Your interest (for example, "owner") and the interest, if any, of others in the damaged property; d. Details of any other insurance that may cover the loss; e. Changes in title or occupancy of the covered property during the term of the policy; f. Specifications of damaged buildings and detailed repair estimates; g. Names of mortgagees or anyone else having a lien, charge, or claim against the covered property; h. Details about who occupied any insured building at the time of loss and for what purpose; and i. The inventory of damaged personal property described in J.3. above. 5. In completing the proof of loss, you must use your own judgment concerning the amount of loss and justify that amount. 6. You must cooperate with the adjuster or representative in the investigation of the claim. 7. The insurance adjuster whom we hire to investigate your claim may furnish you with a proof of loss form, and she or he may help you complete it. However, this is a matter of courtesy only, and you must still send us a proof of loss within 60 days after the loss even if the adjuster does not furnish the form or help you complete it. 8. We have not authorized the adjuster to approve or disapprove claims or to tell you whether we will approve your claim. 9. At our option, we may accept the adjuster's report of the loss instead of your proof of loss. The adjuster's report will include information about your loss and the damages you sustained. You must sign the adjuster's report. At our option, we may require you to swear to the report. K. Our Options After a Loss Options we may, in our sole discretion, exercise after loss include the following: 1. At such reasonable times and places that we may designate, you must: a. Show us or our representative the damaged property; b. Submit to examination under oath, while not in the presence of another insured, and sign the same; and c. Permit us to examine and make extracts and copies of: (1) Any policies of property insurance insuring you against loss and the deed establishing your ownership of the insured real property; (2) Condominium association documents including the Declarations of the condominium, its Articles of Association or Incorporation, Bylaws, rules and regulations, and other relevant documents if you are a unit owner in a condominium building; and (3) All books of accounts, bills, invoices and other vouchers, or certified copies pertaining to the damaged property if the originals are lost. 2. We may request, in writing, that you furnish us with a complete inventory of the lost, damaged, or destroyed property, including: a. Quantities and costs; b. Actual cash values or(whichever is appropriate); replacement cost c. Amounts of loss claimed; d. Any written plans and specifications for repair of the damaged property that you can reasonably make available to us; and e. Evidence that prior flood damage has been repaired. 3. If we give you written notice within 30 days after we receive your signed, sworn proof of loss, we may: a. Repair, rebuild, or replace any part of the lost, damaged, or destroyed property with material or property of like kind and quality or its functional equivalent; and b. Take all or any part of the damaged property at the value we agree upon or its appraised value. L. No Benefit to Bailee No person or organization, other than you, having custody of covered property will benefit from this insurance. Page 13 of 19 POL 15 May 1, 2008 M. Loss Payment 1. We will adjust all losses with you. We will pay you unless some other person or entity is named in the policy or is legally entitled to receive payment. Loss will be payable 60 days after we receive your proof of loss (or within 90 days after the insurance adjuster files an adjuster’s report signed and sworn to by you in lieu of a proof of loss) and: a. We reach an agreement with you; b. There is an entry of a final judgment; or c. There is a filing of an appraisal award with us, as provided in VII.P. 2. If we reject your proof of loss in whole or in part you may: a. Accept our denial of your claim; b. Exercise your rights under this policy; or c. File an amended proof of loss, as long as it is filed within 60 days of the date of the loss. N. Abandonment You may not abandon to us damaged or undamaged property insured under this policy. O. Salvage We may permit you to keep damaged insured property after a loss, and we will reduce the amount of the loss proceeds payable to you under the policy by the value of the salvage. P. Appraisal If you and we fail to agree on the actual cash value or, if applicable, replacement cost of your damaged property to settle upon the amount of loss, then either may demand an appraisal of the loss. In this event, you and we will each choose a competent and impartial appraiser within 20 days after receiving a written request from the other. The two appraisers will choose an umpire. If they cannot agree upon an umpire within 15 days, you or we may request that the choice be made by a judge of a court of record in the State where the covered property is located. The appraisers will separately state the actual cash value, the replacement cost, and the amount of loss to each item. If the appraisers submit a written report of an agreement to us, the amount agreed upon will be the amount of loss. If they fail to agree, they will submit their differences to the umpire. A decision agreed to by any two will set the amount of actual cash value and loss, or if it applies, the replacement cost and loss. Each party will: 1. Pay its own appraiser; and 2. Bear the other expenses of the appraisal and umpire equally. Q. Mortgage Clause The word "mortgagee" includes trustee. Any loss payable under Coverage A - Building Property will be paid to any mortgagee of whom we have actual notice as well as any other mortgagee or loss payee determined to exist at the time of loss, and you, as interests appear. If more than one mortgagee is named, the order of payment will be the same as the order of precedence of the mortgages. If we deny your claim, that denial will not apply to a valid claim of the mortgagee, if the mortgagee: 1. Notifies us of any change in the ownership or occupancy, or substantial change in risk of which the mortgagee is aware; 2. Pays any premium due under this policy on demand if you have neglected to pay the premium; and 3. Submits a signed, sworn proof of loss within 60 days after receiving notice from us of your failure to do so. All of the terms of this policy apply to the mortgagee. The mortgagee has the right to receive loss payment even if the mortgagee has started foreclosure or similar action on the building. If we decide to cancel or not renew this policy, it will continue in effect for the benefit of the mortgagee only for 30 days after we notify the mortgagee of the cancellation or nonrenewal. If we pay the mortgagee for any loss and deny payment to you, we are subrogated to all the rights of the mortgagee granted under the mortgage on the property. Subrogation will not impair the right of the mortgagee to recover the full amount of the mortgagee's claim. R. Suit Against Us You may not sue us to recover money under this policy unless you have complied with all the requirements of the policy. If you do sue, you must start the suit within 1 year after the date of the written denial of all or part of the claim, and you must file the suit in the United States District Court of the district in which the insured property was located at the time of loss. This requirement applies to any claim that you may have under this policy and to any dispute that you may have arising out of the handling of any claim under the policy. S. Subrogation Whenever we make a payment for a loss under this policy, we are subrogated to your right to recover for that loss from any other person. That means that your right to Page 14 of 19 POL 16 May 1, 2008 recover for a loss that was partly or totally caused by (1) Agree to a claim payment that reflects your someone else is automatically transferred to us, to the buying back the salvage on a negotiated extent that we have paid you for the loss. We may require basis; and you to acknowledge this transfer in writing. After the loss, you may not give up our right to recover this money or do (2) Grant the conservation easement described in anything that would prevent us from recovering it. If you FEMA's "Policy Guidance for Closed Basin make any claim against any person who caused your loss Lakes," to be recorded in the office of the local and recover any money, you must pay us back first before recorder of deeds. FEMA, in consultation with you may keep any of that money. the community in which the property is located, will identify on a map an area or T. Continuous Lake Flooding areas of special consideration (ASC) in which there is a potential for flood damage from 1. If your insured building has been flooded by rising continuous lake flooding. FEMA will give the lake waters continuously for 90 days or more and it community the agreed-upon map showing the appears reasonably certain that a continuation of this ASC. This easement will only apply to that flooding will result in a covered loss to the insured portion of the property in the ASC. It will allow building equal to or greater than the building policy certain agricultural and recreational uses of limits plus the deductible or the maximum payable the land. The only structures that it will allow under the policy for any one building loss, we will on any portion of the property within the ASC pay you the lesser of these two amounts without are certain simple agricultural and recreational waiting for the further damage to occur if you sign a structures. If any of these allowable structures release agreeing: are insurable buildings under the NFIP and are insured under the NFIP, they will not be a. To make no further claim under this policy; eligible for the benefits of this paragraph T.2. If a U.S. Army Corps of Engineers certified b. Not to seek renewal of this policy; flood control project or otherwise certified flood control project later protects the c. Not to apply for any flood insurance under the property, FEMA will, upon request, amend the Act for property at the described location; and ASC to remove areas protected by those projects. The restrictions of the easement will d. Not to seek a premium refund for current or prior then no longer apply to any portion of the terms. property removed from the ASC; and If the policy term ends before the insured building (3) Comply with paragraphs T.1.a. through T.1.d. has been flooded continuously for 90 days, the above. provisions of this paragraph T.1. will apply when the insured building suffers a covered loss before the c. Within 90 days of approval of your claim, you must policy term ends. move your building to a new location outside the ASC. FEMA will give you an additional 30 days to 2. If your insured building is subject to continuous lake move if you show that there is sufficient reason to flooding from a closed basin lake, you may elect to file extend the time. a claim under either paragraph T.1. above or paragraph T.2. (A "closed basin lake" is a natural lake d. Before the final payment of your claim, you must from which water leaves primarily through evaporation acquire an elevation certificate and a floodplain and whose surface area now exceeds or has exceeded development permit from the local floodplain 1 square mile at any time in the recorded past. Most of administrator for the new location of your building. the nation's closed basin lakes are in the western half of the United States, where annual evaporation e. Before the approval of your claim, the community exceeds annual precipitation and where lake levels and having jurisdiction over your building must: surface areas are subject to considerable fluctuation due to wide variations in the climate. These lakes may (1) Adopt a permanent land use ordinance, or a overtop their basins on rare occasions.) Under this temporary moratorium for a period not to paragraph T.2. we will pay your claim as if the building exceed 6 months to be followed immediately is a total loss even though it has not been continuously by a permanent land use ordinance, that is inundated for 90 days, subject to the following consistent with the provisions specified in the conditions: easement required in paragraph T.2.b. above. a. Lake flood waters must damage or imminently threaten to damage your building. (2) Agree to declare and report any violations of this ordinance to FEMA so that under Section 1316 of the National Flood Insurance Act of b. Before approval of your claim, you must: 1968, as amended, flood insurance to the building can be denied; and Page 15 of 19 POL 17 May 1, 2008 (3) Agree to maintain as deed-restricted, for purposes compatible with open space or agricultural or recreational use only, any affected property the community acquires an interest in. These deed restrictions must be consistent with the provisions of paragraph T.2.b. above, except that, even if a certified project protects the property, the land use restrictions continue to apply if the property was acquired under the Hazard Mitigation Grant Program or the Flood Mitigation Assistance Program. If a nonprofit land trust organization receives the property as a donation, that organization must maintain the property as deed-restricted, consistent with the provisions of paragraph T.2.b. above. f. Before the approval of your claim, the affected State must take all action set forth in FEMA's "Policy Guidance for Closed Basin Lakes." g. You must have NFIP flood insurance coverage continuously in effect from a date established by FEMA until you file a claim under paragraph T.2. If a subsequent owner buys NFIP insurance that goes into effect within 60 days of the date of transfer of title, any gap in coverage during that 60-day period will not be a violation of this continuous coverage requirement. For the purpose of honoring a claim under this paragraph T.2., we will not consider to be in effect any increased coverage that became effective after the date established by FEMA. The exception to this is any increased coverage in the amount suggested by your insurer as an inflation adjustment. h. This paragraph T.2. will be in effect for a community when the FEMA Regional Director for the affected region provides to the community, in writing, the following: (1) Confirmation that the community and the State are in compliance with the conditions in paragraphs T.2.e. and T.2.f. above; and (2) The date by which you must have flood insurance in effect. U. Duplicate Policies Not Allowed 1. We will not insure your property under more than one NFIP policy. If we find that the duplication was not knowingly created, we will give you written notice. The notice will advise you that you may choose one of several options under the following procedures: a. If you choose to keep in effect the policy with the earlier effective date, you may also choose to add the coverage limits of the later policy to the limits of the earlier policy. The change will become effective as of the effective date of the later policy. b. If you choose to keep in effect the policy with the later effective date, you may also choose to add the coverage limits of the earlier policy to the limits of the later policy. The change will be effective as of the effective date of the later policy. In either case, you must pay the pro rata premium for the increased coverage limits within 30 days of the written notice. In no event will the resulting coverage limits exceed the permissible limits of coverage under the Act or your insurable interest, whichever is less. We will make a refund to you, according to applicable NFIP rules, of the premium for the policy not being kept in effect. 2. Your option under Condition U. Duplicate Policies Not Allowed to elect which NFIP policy to keep in effect does not apply when duplicates have been knowingly created. Losses occurring under such circumstances will be adjusted according to the terms and conditions of the earlier policy. The policy with the later effective date will be canceled. V. Loss Settlement 1. Introduction This policy provides three methods of settling losses: Replacement Cost, Special Loss Settlement, and Actual Cash Value. Each method is used for a different type of property, as explained in a.-c. below. a. Replacement Cost loss settlement, described in V.2. below, applies to a single-family dwelling provided: (1) It is your principal residence, which means that, at the time of loss, you or your spouse lived there for at least 80 percent of: (a) The 365 days immediately preceding the loss; or (b) The period of your ownership, if you owned the dwelling for less than 365 days; and (2) At the time of loss, the amount of insurance in this policy that applies to the dwelling is 80 percent or more of its full replacement cost immediately before the loss, or is the maximum amount of insurance available under the NFIP. b. Special loss settlement, described in V.3. below, applies to a single-family dwelling that is a manufactured or mobile home or a travel trailer. c. Actual Cash Value loss settlement applies to a single-family dwelling not subject to replacement cost or special loss settlement, and to the property listed in V.4. below. Page 16 of 19 POL 18 May 1, 2008 2. Replacement Cost Loss Settlement The following loss settlement conditions apply to a single-family dwelling described in V.1.a. above: a. We will pay to repair or replace the damaged dwelling after application of the deductible and without deduction for depreciation, but not more than the least of the following amounts: (1) The building limit of liability shown on your Declarations Page; (2) The replacement cost of that part of the dwelling damaged, with materials of like kind and quality, and for like use; or (3) The necessary amount actually spent to repair or replace the damaged part of the dwelling for like use. b. If the dwelling is rebuilt at a new location, the cost described above is limited to the cost that would have been incurred if the dwelling had been rebuilt at its former location. c. When the full cost of repair or replacement is more than $1,000 or more than 5 percent of the whole amount of insurance that applies to the dwelling, we will not be liable for any loss under V.2.a. above or V.4.a.(2) below unless and until actual repair or replacement is completed. d. You may disregard the replacement cost conditions above and make claim under this policy for loss to dwellings on an actual cash value basis. You may then make claim for any additional liability according to V.2.a., b., and c. above, provided you notify us of your intent to do so within 180 days after the date of loss. e. If the community in which your dwelling is located has been converted from the Emergency Program to the Regular Program during the current policy term, then we will consider the maximum amount of available NFIP insurance to be the amount that was available at the beginning of the current policy term. 3. Special Loss Settlement a. The following loss settlement conditions apply to a single-family dwelling that: (1) Is a manufactured or mobile home or a travel trailer, as defined in II.B.6.b. and II.B.6.c.; (2) Is at least 16 feet wide when fully assembled and has an area of at least 600 square feet within its perimeter walls when fully assembled; and (3) Is your principal residence, as specified in V.1.a.(1) above. b. If such a dwelling is totally destroyed or damaged to such an extent that, in our judgment, it is not economically feasible to repair, at least to its predamage condition, we will, at our discretion, pay the least of the following amounts: (1) The lesser of the replacement cost of the dwelling or 1.5 times the actual cash value, or (2) The building limit of liability shown on your Declarations Page. c. If such a dwelling is partially damaged and, in our judgment, it is economically feasible to repair it to its predamage condition, we will settle the loss according to the Replacement Cost conditions in paragraph V.2. above. 4. Actual Cash Value Loss Settlement The types of property noted below are subject to actual cash value [or in the case of V.4.a.(2) below, proportional] loss settlement. a. A dwelling, at the time of loss, when the amount of insurance on the dwelling is both less than 80 percent of its full replacement cost immediately before the loss and less than the maximum amount of insurance available under the NFIP. In that case, we will pay the greater of the following amounts, but not more than the amount of insurance that applies to that dwelling: (1) The actual cash value, as defined in II.B.2., of the damaged part of the dwelling; or (2) A proportion of the cost to repair or replace the damaged part of the dwelling, without deduction for physical depreciation and after application of the deductible. This proportion is determined as follows: If 80 percent of the full replacement cost of the dwelling is less than the maximum amount of insurance available under the NFIP, then the proportion is determined by dividing the actual amount of insurance on the dwelling by the amount of insurance that represents 80 percent of its full replacement cost. But if 80 percent of the full replacement cost of the dwelling is greater than the maximum amount of insurance available under the NFIP, then the proportion is determined by dividing the actual amount of insurance on the dwelling by the maximum amount of insurance available under the NFIP. b. A two-, three-, or four-family dwelling. c. A unit that is not used exclusively for single- family dwelling purposes. Page 17 of 19 POL 19 May 1, 2008 d. Detached garages. e. Personal property. f. Appliances, carpets, and carpet pads. g. Outdoor awnings, outdoor antennas or aerials of any type, and other outdoor equipment. h. Any property covered under this policy that is abandoned after a loss and remains as debris anywhere on the described location. i. A dwelling that is not your principal residence. 5. Amount of Insurance Required To determine the amount of insurance required for a dwelling immediately before the loss, do not include the value of: a. Footings, foundations, piers, or any other structures or devices that are below the undersurface of the lowest basement floor and support all or part of the dwelling; b. Those supports listed in V.5.a. above that are below the surface of the ground inside the foundation walls if there is no basement; and c. Excavations and underground flues, pipes, wiring, and drains. The Coverage D - Increased Cost of Compliance limit of liability is not included in the determination of the amount of insurance required. VIII. LIBERALIZATION CLAUSE If we make a change that broadens your coverage under change, provided that this implementation date falls within this edition of our policy, but does not require any 60 days before, or during, the policy term stated on the additional premium, then that change will automatically Declarations Page. apply to your insurance as of the date we implement the IX. WHAT LAW GOVERNS This policy and all disputes arising from the handling of National Flood Insurance Act of 1968, as amended (42 any claim under the policy are governed exclusively by U.S.C. 4001, et seq.), and Federal common law. the flood insurance regulations issued by FEMA, the IN WITNESS WHEREOF, we have signed this policy below and hereby enter into this Insurance Agreement. David I. Maurstad Federal Insurance Administrator National Flood Insurance Program Page 18 of 19 POL 20 May 1, 2008 CLAIM GUIDELINES IN CASE OF A FLOOD For the protection of you and your family, the following claim guidelines are provided by the National Flood Insurance Program (NFIP). If you are ever in doubt as to what action is needed, consult your insurance representative or call the NFIP toll-free at 1-800-638-6620 or on the TDD line at 1-800-447-9487. Know your insurance representative's name and telephone number. List them here for fast reference: Insurance Representative _________________________________ Representative's Phone Number ______________________________ • Notify us or your insurance representative, in writing, as soon as possible after the flood. • If you report to your insurance representative, remind him or her to assign the claim to an NFIP- approved claims adjuster. The NFIP pays for the services of the independent claims adjuster assigned to your claim. • Determine the independent claims adjuster assigned to your claim and contact him or her if you have not been contacted within 24 hours after you reported the claim to your insurance representative. • As soon as possible, separate damaged property from undamaged property so that damage can be inspected and evaluated. • Discuss with the claims adjuster any need you may have for an advance or partial payment for your loss. • To help the claims adjuster, try to take photographs of the outside of the premises showing the flooding and the damage and photographs of the inside of the premises showing the height of the water and the damaged property. • Place all account books, financial records, receipts, and other loss verification material in a safe place for examination and evaluation by the claims adjuster. • Work cooperatively and promptly with the claims adjuster to determine and document all claim items. Be prepared to advise the claims adjuster of the cause and responsible party(ies), if the flooding resulted from other than natural cause. • Make sure that the claims adjuster fully explains, and that you fully understand, all allowances and procedures for processing claim payments on the basis of your proof of loss. This policy requires you to send us detailed proof of loss within 60 days after the loss. • Any and all coverage problems and claim allowance restrictions must be communicated directly from the NFIP. Claims adjusters are not authorized to approve or deny claims; their job is to report to the NFIP on the elements of flood cause and damage. At our option, we may accept an adjuster's report of the loss instead of your proof of loss. The adjuster's report will include information about your loss and the damages to your insured property. You must sign the adjuster's report. At our option, we may require you to swear to the report. F-122 (10/04) Page 19 of 19 POL 21 May 1, 2008 GENERAL PROPERTY FORM Summary of Significant Changes, December 31, 2000 1. Section III. Property Covered, A. Coverage A Building Property, 3. Additions and extensions to buildings that are connected by a rigid exterior wall, a solid load-bearing interior wall, a stairway, an elevated walkway, or a roof may be insured as part of the building. At the option of the insured, these extensions and additions may be insured separately. Additions and extensions that are attached to and in contact with the building by means of a common interior wall that is not a solid load-bearing wall are always considered part of the building and cannot be insured separately. 2. Section III. Property Covered, B. Coverage B Personal Property, 5. Special Limits Coverage for fine arts, collectibles, jewelry, and furs, etc., has been increased to $2500. 3. Section III. Property Covered B. Coverage B Personal Property, 8. Coverage for condominium unit owners has been extended to apply up to 10 percent of the contents coverage for losses to interior walls, floors, and ceilings not covered by the condominium association's master policy. 4. Section III. Property Covered, C. Coverage C Other Coverages, 2.a. & b. Coverage for the two loss avoidance measures (sandbagging and relocation of property to protect it from flood or the imminent danger of flood) has been increased to $1,000 for each. 5. Section III. Property Covered, C. Coverage C - Other Coverages, 3. Pollution Damage Coverage for damage caused by pollutants to covered property has been limited to $10,000. This does not cover the cost of testing for or monitoring of pollutants unless it is required by law or ordinance. 6. Section IV. Property Not Covered, 5.a. & b. Coverage has been changed to pay for losses to self- propelled vehicles used to service the described location or designed to assist handicapped persons provided that the vehicles are in a building at the described location. 7. Section IV. Property Not Covered, 7. Coverage is now specifically excluded for scrip and stored value cards. 8. Section IV. Property Not Covered, 14. Coverage for swimming pools, hot tubs, and spas (that are not bathroom hot tubs or spas), and their equipment is now excluded. 9. Section V. Exclusions, B.1 & 2. The explanation of when coverage begins as it relates to a loss in progress has been simplified. 10. Section V. Exclusions, C. Coverage has been clarified to pay for losses from land subsidence under certain circumstances. Subsidence of land along a lake shore or similar body of water which results from the erosion or undermining of the shoreline caused by waves or currents of water exceeding cyclical levels that result in a flood continues to be covered. All other land subsidence is now excluded. 11. Section V. Exclusions, D.4.b.(3) Coverage is now excluded for water, moisture, mildew, or mold damage caused by the policyholder's failure to inspect and maintain the insured property after the flood waters recede. 12. Section V. Exclusions, D.6. Coverage is added for damage from the pressure of water against the insured structure with the requirement that there be a flood in the area and the flood is the proximate cause of damage from the pressure of water against the insured structure. 13. Section VII. General Conditions, G. Reduction and Reformation of Coverage, 2.a.(2) If it is discovered before a claim occurs that there is incomplete rating information, the policyholder has 60 days to submit missing rating information. Otherwise, the coverage is limited to the amount of coverage that can be purchased for the premium originally received and can only be increased by an endorsement that is subject to the appropriate waiting period (currently 30 days). POL 22 May 1, 2008 FEDERAL EMERGENCY MANAGEMENT AGENCY NATIONAL FLOOD INSURANCE PROGRAM STANDARD FLOOD INSURANCE POLICY GENERAL PROPERTY FORM PLEASE READ THE POLICY CAREFULLY. THE FLOOD INSURANCE PROVIDED IS SUBJECT TO LIMITATIONS, RESTRICTIONS, AND EXCLUSIONS. THIS POLICY PROVIDES NO COVERAGE: 1. IN A REGULAR PROGRAM COMMUNITY, FOR A RESIDENTIAL CONDOMINIUM BUILDING, AS DEFINED IN THIS POLICY; AND 2. EXCEPT FOR PERSONAL PROPERTY COVERAGE, FOR A UNIT IN A CONDOMINIUM BUILDING. I. AGREEMENT The Federal Emergency Management Agency (FEMA) provides flood insurance under the terms of the National Flood Insurance Act of 1968 and its amendments, and Title 44 of the Code of Federal Regulations (CFR). We will pay you for direct physical loss by or from flood to your insured property if you: 1. Have paid the correct premium; 2. Comply with all terms and conditions of this policy; and 3. Have furnished accurate information and statements. We have the right to review the information you give us at any time and to revise your policy based on our review. II. DEFINITIONS A. In this policy, "you" and "your" refer to the insured(s) shown on the Declarations Page of this policy. "Insured(s)" includes: Any mortgagee and loss payee named in the Application and Declarations Page, as well as any other mortgagee or loss payee determined to exist at the time of loss in the order of precedence. "We," "us," and "our" refer to the insurer. Some definitions are complex because they are provided as they appear in the law or regulations, or result from court cases. The precise definitions are intended to protect you. Flood, as used in this flood insurance policy, means: 1. A general and temporary condition of partial or complete inundation of two or more acres of normally dry land area or of two or more properties (at least one of which is your property) from: a. Overflow of inland or tidal waters; b. Unusual and rapid accumulation or runoff of surface waters from any source; c. Mudflow. 2. Collapse or subsidence of land along the shore of a lake or similar body of water as a result of erosion or undermining caused by waves or currents of water exceeding anticipated cyclical levels that result in a flood as defined in A.1.a. above. B. The following are the other key definitions that we use in this policy: 1. Act. The National Flood Insurance Act of 1968 and any amendments to it. 2. Actual Cash Value. The cost to replace an insured item of property at the time of loss, less the value of its physical depreciation. 3. Application. The statement made and signed by you or your agent in applying for this policy. The application gives information we use to determine the eligibility of the risk, the kind of policy to be issued, and the correct premium payment. The application is part of this flood insurance policy. For us to issue you a policy, the correct premium payment must accompany the application. 4. Base Flood. A flood having a one percent chance of being equaled or exceeded in any given year. Page 1 of 18 POL 23 May 1, 2008 5. Basement. Any area of the building, including any sunken room or sunken portion of a room, having its floor below ground level (subgrade) on all sides. 6. Building. a. A structure with two or more outside rigid walls and a fully secured roof, that is affixed to a permanent site; b. A manufactured home (a "manufactured home," also known as a mobile home, is a structure: built on a permanent chassis, transported to its site in one or more sections, and affixed to a permanent foundation); or c. A travel trailer without wheels, built on a chassis and affixed to a permanent foundation, that is regulated under the community's floodplain management and building ordinances or laws. Building does not mean a gas or liquid storage tank or a recreational vehicle, park trailer, or other similar vehicle, except as described in B.6.c., above. 7. Cancellation. The ending of the insurance coverage provided by this policy before the expiration date. 8. Condominium. That form of ownership of real property in which each unit owner has an undivided interest in common elements. 9. Condominium Association. The entity made up of the unit owners responsible for the maintenance and operation of: a. Common elements owned in undivided shares by unit owners; and b. Other real property in which the unit owners have use rights ; where membership in the entity is a required condition of unit ownership. 10. Declarations Page. A computer-generated summary of information you provided in the application for insurance. The Declarations Page also describes the term of the policy, limits of coverage, and displays the premium and our name. The Declarations Page is a part of this flood insurance policy. 11. Described Location. The location where the insured building or personal property are found. The described location is shown on the Declarations Page. 12. Direct Physical Loss By or From Flood. Loss or damage to insured property, directly caused by a flood. There must be evidence of physical changes to the property. 13. Elevated Building. A building that has no basement and that has its lowest elevated floor raised above ground level by foundation walls, shear walls, posts, piers, pilings, or columns. 14. Emergency Program. The initial phase of a community’s participation in the National Flood Insurance Program. During this phase, only limited amounts of insurance are available under the Act. 15. Expense Constant. A flat charge you must pay on each new or renewal policy to defray the expenses of the Federal Government related to flood insurance. 16. Federal Policy Fee. A flat charge you must pay on each new or renewal policy to defray certain administrative expenses incurred in carrying out the National Flood Insurance Program. This fee covers expenses not covered by the expense constant. 17. Improvements. Fixtures, alterations, installations, or additions comprising a part of the insured building. 18. Mudflow. A river of liquid and flowing mud on the surfaces of normally dry land areas, as when earth is carried by a current of water. Other earth movements, such as landslide, slope failure, or a saturated soil mass moving by liquidity down a slope, are not mudflows. 19. National Flood Insurance Program (NFIP). The program of flood insurance coverage and floodplain management administered under the Act and applicable Federal regulations in Title 44 of the Code of Federal Regulations, Subchapter B. 20. Policy. The entire written contract between you and us. It includes: a. This printed form; b. The application and Declarations Page; c. Any endorsement(s) that may be issued; and d. Any renewal certificate indicating that coverage has been instituted for a new policy and new policy term. Only one building, which you specifically described in the application, may be insured under this policy. 21. Pollutants. Substances that include, but are not limited to, any solid, liquid, gaseous, or thermal irritant or contaminant, including smoke, vapor, soot, fumes, acids, alkalis, chemicals, and waste. "Waste" includes, but is not limited to, materials to be recycled, reconditioned, or reclaimed. 22. Post-FIRM Building. A building for which construction or substantial improvement occurred Page 2 of 18 POL 24 May 1, 2008 after December 31, 1974, or on or after the effective date of an initial Flood Insurance Rate Map (FIRM), whichever is later. 23. Probation Premium. A flat charge you must pay on each new or renewal policy issued covering property in a community that the NFIP has placed on probation under the provisions of 44 CFR 59.24. 24. Regular Program. The final phase of a community's participation in the National Flood Insurance Program. In this phase, a Flood Insurance Rate Map is in effect and full limits of coverage are available under the Act. 25. Residential Condominium Building. A building, owned and administered as a condominium, containing one or more family units and in which at least 75 percent of the floor area is residential. 26. Special Flood Hazard Area. An area having special flood, or mudflow, and/or flood-related erosion hazards, and shown on a Flood Hazard Boundary Map or Flood Insurance Rate Map as Zone A, AO, A1-A30, AE, A99, AH, AR, AR/A, AR/AE, AR/AH, AR/AO, AR/A1-A30, V1-V30, VE, or V. 27. Stock. Merchandise held in storage or for sale, raw materials, and in-process or finished goods, including supplies used in their packing or shipping. Stock does not include any property not covered under Section IV. Property Not Covered, except the following: a. Parts and equipment for self-propelled vehicles; b. Furnishings and equipment for watercraft; c. Spas and hot-tubs, including their equipment; and d. Swimming pool equipment. 28. Unit. A unit in a condominium building. 29. Valued Policy. A policy in which the insured and the insurer agree on the value of the property insured, that value being payable in the event of a total loss. The Standard Flood Insurance Policy is not a valued policy. III. PROPERTY COVERED A. COVERAGE A - BUILDING PROPERTY We insure against direct physical loss by or from flood to: 1. The building described on the Declarations Page at the described location. If the building is a condominium building and the named insured is the condominium association, Coverage A includes all units within the building and the improvements within the units, provided the units are owned in common by all unit owners. 2. We also insure building property for a period of 45 days at another location, as set forth in III.C.2.b., Property Removed to Safety. 3. Additions and extensions attached to and in contact with the building by means of a rigid exterior wall, a solid load-bearing interior wall, a stairway, an elevated walkway, or a roof. At your option, additions and extensions connected by any of these methods may be separately insured. Additions and extensions attached to and in contact with the building by means of a common interior wall that is not a solid load- bearing wall are always considered part of the building and cannot be separately insured. 4. The following fixtures, machinery, and equipment, which are covered under Coverage A only: a. Awnings and canopies; b. Blinds; c. Carpet permanently installed over unfinished flooring; d. Central air conditioners; e. Elevator equipment; f. Fire extinguishing apparatus; g. Fire sprinkler systems; h. Walk-in freezers; i. Furnaces; j. Light fixtures; k. Outdoor antennas and aerials attached to buildings; l. Permanently installed cupboards, bookcases, paneling, and wallpaper; m. Pumps and machinery for operating pumps; n. Ventilating equipment; o. Wall mirrors, permanently installed; and p. In the units within the building, installed: (1) Built-in dishwashers; (2) Built-in microwave ovens; (3) Garbage disposal units; (4) Hot water heaters, including solar water heaters; (5) Kitchen cabinets; (6) Plumbing fixtures; (7) Radiators; (8) Ranges; (9) Refrigerators; and (10) Stoves. Page 3 of 18 POL 25 May 1, 2008 5. Materials and supplies to be used for construction, alteration, or repair of the insured building while the materials and supplies are stored in a fully enclosed building at the described location or on an adjacent property. 6. A building under construction, alteration, or repair at the described location. a. If the structure is not yet walled or roofed as described in the definition for building (see II.B. 6.a.), then coverage applies: (1) Only while such work is in progress; or (2) If such work is halted, only for a period of up to 90 continuous days thereafter. b. However, coverage does not apply until the building is walled and roofed if the lowest floor, including the basement floor, of a non-elevated building or the lowest elevated floor of an elevated building is: (1) Below the base flood elevation in Zones AH, AE, A1-A30, AR, AR/AE, AR/AH, AR/A1-A30, AR/A, AR/AO; or (2) Below the base flood elevation adjusted to include the effect of wave action in Zones VE or V1-V30. The lowest floor levels are based on the bottom of the lowest horizontal structural member of the floor in Zones VE or V1-V30 and the top of the floor in Zones AH, AE, A1-A30, AR, AR/AE, AR/AH, AR/A1-A30, AR/A, AR/AO. 7. A manufactured home or a travel trailer as described in the Definitions section (see II.B.6.b.and II.B.6.c.). If the manufactured home or travel trailer is in a special flood hazard area, it must be anchored in the following manner at the time of the loss: a. By over-the-top or frame ties to ground anchors; or b. In accordance with the manufacturer's specifications; or c. In compliance with the community's floodplain management requirements unless it has been continuously insured by the NFIP at the same described location since September 30, 1982. 8. Items of property in a building enclosure below the lowest elevated floor of an elevated post-FIRM building located in Zones A1-A30, AE, AH, AR, AR/A, AR/AE, AR/AH, AR/A1-A30, V1-V30, or VE, or in a basement, regardless of the zone. Coverage is limited to the following: a. Any of the following items, if installed in their functioning locations and, if necessary for operation, connected to a power source: (1) Central air conditioners; (2) Cisterns and the water in them; (3) Drywall for walls and ceilings in a basement and the cost of labor to nail it, unfinished and unfloated and not taped, to the framing; (4) Electrical junction and circuit breaker boxes; (5) Electrical outlets and switches; (6) Elevators, dumbwaiters, and related equipment, except for related equipment installed below the base flood elevation after September 30, 1987; (7) Fuel tanks and the fuel in them; (8) Furnaces and hot water heaters; (9) Heat pumps; (10) Nonflammable insulation in a basement; (11) Pumps and tanks used in solar energy systems; (12) Stairways and staircases attached to the building, not separated from it by elevated walkways; (13) Sump pumps; (14) Water softeners and the chemicals in them, water filters, and faucets installed as an integral part of the plumbing system; (15) Well water tanks and pumps; (16) Required utility connections for any item in this list; and (17) Footings, foundations, posts, pilings, piers, or other foundation walls and anchorage systems required to support a building. b. Clean-up. B. COVERAGE B - PERSONAL PROPERTY 1. If you have purchased personal property coverage, we insure, subject to B.2., 3., and 4. below, against direct physical loss by or from flood to personal property inside a fully enclosed insured building: a. Owned solely by you, or in the case of a condominium, owned solely by the condominium association and used exclusively in the conduct of the business affairs of the condominium association; or b. Owned in common by the unit owners of the condominium association. We also insure such personal property for 45 days while stored at a temporary location, as set forth in III.C.2.b. Property Removed to Safety. Page 4 of 18 POL 26 May 1, 2008 2. When this policy covers personal property, coverage will be either for household personal property or other than household personal property, while within the insured building, but not both. a. If this policy covers household personal property, it will insure household personal property usual to a living quarters, that: (1) Belongs to you, or a member of your household, or at your option: (a) Your domestic worker; (b) Your guest; or (2) You may be legally liable for. b. If this policy covers other than household personal property, it will insure your: (1) Furniture and fixtures; (2) Machinery and equipment; (3) Stock; and (4) Other personal property owned by you and used in your business, subject to IV. Property Not Covered. 3. Coverage for personal property includes the following property, subject to B.1.a. and B.1.b. above, which is covered under Coverage B only: a. Air conditioning units installed in the building; b. Carpet, not permanently installed, over unfinished flooring; c. Carpets over finished flooring; d. Clothes washers and dryers; e. "Cook-out" grills; f. Food freezers, other than walk-in, and food in any freezer; g. Outdoor equipment and furniture stored inside the insured building; h. Ovens and the like; and i. Portable microwave ovens and portable dishwashers. 4. Coverage for items of property in a building enclosure below the lowest elevated floor of an elevated post-FIRM building located in Zones A1A30, AE, AH, AR, AR/A, AR/AE, AR/AH, AR/A1-A30, V1-V30, or VE, or in a basement, regardless of the zone, is limited to the following items, if installed in their functioning locations and, if necessary for operation, connected to a power source: a. Air conditioning units, portable or window type; b. Clothes washers and dryers; and c. Food freezers, other than walk-in, and food in any freezer. 5. Special Limits. We will pay no more than $2,500 for any loss to one or more of the following kinds of personal property: a. Artwork, photographs, collectibles, memorabilia, including but not limitedporcelain or other figures, and sports cards; or to, b. Rare books or autographed items; c. Jewelry, watches, precious and semiprecious stones, or articles of gold, silver, or platinum; d. Furs or any article containing fur which represents its principal value. 6. We will pay only for the functional value of antiques. 7. If you are a tenant, you may apply up to 10 percent of the Coverage B limit to improvements: a. Made a part of the building you occupy; and b. You acquired or made at your expense, even though you cannot legally remove them. This coverage does not increase the amount of insurance that applies to insured personal property. 8. If you are a condominium unit owner, you may apply up to 10 percent of the Coverage B limit to cover loss to interior: a. Walls; b. Floors; and c. Ceilings; that are not covered under a policy issued to the condominium association insuring the condominium building. This coverage does not increase the amount of insurance that applies to insured personal property. 9. If you are a tenant, personal property must be inside the fully enclosed building. C. COVERAGE C - OTHER COVERAGES 1. Debris Removal a. We will pay the expense to remove non-owned debris on or in insured property and owned debris anywhere. b. If you or a member of your household perform the removal work, the value of your work will be based on the Federal minimum wage. c. This coverage does not increase the Coverage A or Coverage B limit of liability. Page 5 of 18 POL 27 May 1, 2008 2. Loss Avoidance Measures (2) If you move insured property to a location other than the described location that a. Sandbags, Supplies, and Labor contains the property, in order to protect it from flood or the imminent danger of flood, (1) We will pay up to $1,000 for the costs you incur to protect the insured building from a flood or imminent danger of flood, for the we will cover such property while at that location for a period of 45 consecutive days from the date you begin to move it there. The following: personal property that is moved must be (a) Your reasonable expenses to buy: placed in a fully enclosed building or otherwise reasonably protected from the elements. (i) Sandbags, including sandthem; to fill Any property removed, including home described in II.B.6.b. and a moveable c., must be (ii) Fill for temporary levees; (iii) Pumps; and placed above ground level or outside of the special flood hazard area. This coverage does not increase the Coverage A (iv) Plastic sheeting and lumber used in connection with these items; and or Coverage B limit of liability. (b) The value of work, at the Federal minimum wage, that you perform. 3. Pollution Damage We will pay for damage caused by pollutants to covered property if the discharge, seepage, migration, (2) This coverage for Sandbags, Supplies, and Labor only applies if damage to insured release, or escape of the pollutants is caused by or results from flood. The most we will pay under this property by or from flood is imminent and coverage is $10,000. This coverage does not the threat of flood damage is apparent increase the Coverage A or Coverage B limits of enough to lead a person of common prudence to anticipate flood damage. One liability. Any payment under this provision when combined with all other payments for the same loss of the following must also occur: cannot exceed the replacement cost or actual cash value, as appropriate, of the covered property. This (a) A general and temporary condition of flooding in the area near the described location must occur, even if the flood coverage does not include the testing for or the monitoring of pollutants unless required by law or ordinance. does not reach the insured building; or D. COVERAGE D - INCREASED COST OF COMPLIANCE (b) A legally authorized official must issue an evacuation order or other civil order 1. General for the community in which the insured building is located calling for measures to preserve life and property from the peril of flood. This policy pays you to comply with a State or local floodplain management law or ordinance affecting repair or reconstruction of a structure suffering flood damage. Compliance activities eligible for payment This coverage does not increase the Coverage A are: elevation, floodproofing, relocation, or demolition or Coverage B limit of liability. (or any combination of these activities) of your b. Property Removed to Safety structure. to: Eligible floodproofing activities are limited (1) We will pay up to $1,000 for the reasonable expenses you incur to move insured property a. Nonresidential structures. to a place other than the described location b. Residential structures with basements that that contains the property in order to protect satisfy FEMA's standards published in the Code it from flood or the imminent danger of of Federal Regulations [44 CFR 60.6 (b) or (c)]. flood. Reasonable expenses include the value of 2. Limit of Liability work, at the Federal minimum wage, that you We will pay you up to $30,000 under this Coverage D perform. - Increased Cost of Compliance, which only applies to policies with building coverage (Coverage A). Page 6 of 18 POL 28 May 1, 2008 Our payment of claims under Coverage D is in addition to the amount of coverage which you selected on the application and which appears on the Declarations Page. But the maximum you can collect under this policy for both Coverage A - Building Property and Coverage D - Increased Cost of Compliance cannot exceed the maximum permitted under the Act. We do not charge a separate deductible for a claim under Coverage D. 3. Eligibility a. A structure covered under Coverage A - Building Property sustaining a loss caused by a flood as defined by this policy must: (1) Be a "repetitive loss structure." A repetitive loss structure is one that meets the following conditions: (a) The structure is covered by a contract of flood insurance issued under the NFIP. (b) The structure has suffered flood damage on two occasions during a 10year period which ends on the date of the second loss. (c) The cost to repair the flood damage, on average, equaled or exceeded 25 percent of the market value of the structure at the time of each flood loss. (d) In addition to the current claim, the NFIP must have paid the previous qualifying claim, and the State or community must have a cumulative, substantial damage provision or repetitive loss provision in its floodplain management law or ordinance being enforced against the structure; or (2) Be a structure that has had flood damage in which the cost to repair equals or exceeds 50 percent of the market value of the structure at the time of the flood. The State or community must have a substantial damage provision in its floodplain management law or ordinance being enforced against the structure. b. This Coverage D pays you to comply with State or local floodplain management laws or ordinances that meet the minimum standards of the National Flood Insurance Program found in the Code of Federal Regulations at 44 CFR 60.3. We pay for compliance activities that exceed those standards under these conditions: (1) 3.a.(1) above. (2) Elevation or floodproofing in any risk zone to preliminary or advisory base flood elevations provided by FEMA which the State or local government has adopted and is enforcing for flood-damaged structures in such areas. (This includes compliance activities in B, C, X, or D zones which are being changed to zones with base flood elevations. This also includes compliance activities in zones where base flood elevations are being increased, and a flood- damaged structure must comply with the higher advisory base flood elevation.) Increased Cost of Compliance coverage does not apply to situations in B, C, X, or D zones where the community has derived its own elevations and is enforcing elevation or floodproofing requirements for flood- damaged structures to elevations derived solely by the community. (3) Elevation or floodproofing above the base flood elevation to meet State or local "freeboard" requirements, i.e., that a structure must be elevated above the base flood elevation. c. Under the minimum NFIP criteria at 44 CFR 60.3 (b)(4), States and communities must require the elevation or floodproofing of structures in unnumbered A zones to the base flood elevation where elevation data is obtained from a Federal, State, or other source. Such compliance activities are also eligible for Coverage D. d. This coverage will also pay for the incremental cost, after demolition or relocation, of elevating or floodproofing a structure during its rebuilding at the same or another site to meet State or local floodplain management laws or ordinances, subject to Exclusion D.5.g. below. e. This coverage will also pay to bring a flood- damaged structure into compliance with State or local floodplain management laws or ordinances even if the structure had received a variance before the present loss from the applicable floodplain management requirements. 4. Conditions a. When a structure covered under Coverage A - Building Property sustains a loss caused by a flood, our payment for the loss under this Coverage D will be for the increased cost to elevate, floodproof, relocate, or demolish (or any combination of these activities) caused by the enforcement of current State or local floodplain management ordinances or laws. Our payment for eligible demolition activities will be for the cost to demolish and clear the site of the building debris or a portion thereof caused by the Page 7 of 18 POL 29 May 1, 2008 enforcement of current State or local floodplain management ordinances or laws. Eligible activities for the cost of clearing the site will include those necessary to discontinue utility service to the site and ensure proper abandonment of on-site utilities. b. When the building is repaired or rebuilt, it must be intended for the same occupancy as the present building unless otherwise required by current floodplain management ordinances or laws. 5. Exclusions Under this Coverage D - Increased Cost of Compliance we will not pay for: a. The cost to comply with any floodplain management law or ordinance in communities participating in the Emergency Program. b. The cost associated with enforcement of any ordinance or law that requires any insured or others to test for, monitor, clean up, remove, contain, treat, detoxify or neutralize, or in any way respond to, or assess the effects of pollutants. c. The loss in value to any insured building or other structure due to the requirements of any ordinance or law. d. The loss in residual value of the undamaged portion of a building demolished as a consequence of enforcement of any State or local floodplain management law or ordinance. e. Any Increased Cost of Compliance under this Coverage D: (1) Until the building is elevated, floodproofed, demolished, or relocated on the same or to another premises; and (2) Unless the building is elevated, flood-proofed, demolished, or relocated as soon as reasonably possible after the loss, not to exceed 2 years. f. Any code upgrade requirements, e. g., plumbing or electrical wiring, not specifically related to the State or local floodplain management law or ordinance. g. Any compliance activities needed to bring additions or improvements made after the loss occurred into compliance with State or local floodplain management laws or ordinances. h. Loss due to any ordinance or law that you were required to comply with before the current loss. i. Any rebuilding activity to standards that do not meet the NFIP's minimum requirements. This includes any situation where the insured has received from the State or community a variance in connection with the current flood loss to rebuild the property to an elevation below the base flood elevation. j. Increased Cost of Compliance for a garage or carport. k. Any structure insured under an NFIP Group Flood Insurance Policy. l. Assessments made by a condominium association on individual condominium unit owners to pay increased costs of repairing commonly owned buildings after a flood in compliance with State or local floodplain management ordinances or laws. 6. Other Provisions All other conditions and provisions of this policy apply. IV. PROPERTY NOT COVERED We do not cover any of the following property: 4. Recreational vehicles other than travel trailers described in II.B.6.c., whether affixed to a permanent 1. Personal property not inside the fully enclosed foundation or on wheels; building; 5. Self-propelled vehicles or machines, including their 2. A building, and personal property in it, located parts and equipment. However, we do cover self- entirely in, on, or over water or seaward of mean high propelled vehicles or machines not licensed for use tide, if it was constructed or substantially improved on public roads that are: after September 30, 1982; a. Used mainly to service the described location, 3. Open structures, including a building used as a or boathouse or any structure or building into which boats are floated, and personal property located in, on, or over water; Page 8 of 18 POL 30 May 1, 2008 b. Designed and used to assist handicapped persons, while the vehicles or machines are inside a building at the described location; 6. Land, land values, lawns, trees, shrubs, plants, growing crops, or animals; 7. Accounts, bills, coins, currency, deeds, evidences of debt, medals, money, scrip, stored value cards, postage stamps, securities, bullion, manuscripts, or other valuable papers; 8. Underground structures and equipment, including wells, septic tanks, and septic systems; 9. Those portions of walks, walkways, decks, driveways, patios, and other surfaces, all whether protected by a roof or not, located outside the perimeter, exterior walls of the insured building; 10. Containers, including related equipment, such as, but not limited to, tanks containing gases or liquids; 11. Buildings or units and all their contents if more than 49 percent of the actual cash value of the building or unit is below ground, unless the lowest level is at or above the base flood elevation and is below ground by reason of earth having been used as insulation material in conjunction with energy efficient building techniques; 12. Fences, retaining walls, seawalls, bulkheads, wharves, piers, bridges, and docks; 13. Aircraft or watercraft, or their furnishings and equipment; 14. Hot tubs and spas that are not bathroom fixtures, and swimming pools, and their equipment such as, but not limited to, heaters, filters, pumps, and pipes, wherever located; 15. Property not eligible for flood insurance pursuant to the provisions of the Coastal Barrier Resources Act and the Coastal Barrier Improvement Act of 1990 and amendments to these acts; 16. Personal property owned by or in the care, custody, or control of a unit owner, except for property of the type and under the circumstances set forth under Coverage B - Personal Property; 17. A residential condominium building located in a Regular Program community. V. EXCLUSIONS A. We only provide coverage for direct physical loss by or from flood, which means that we do not pay you for: 1. Loss of revenue or profits; 2. Loss of access to the insured property or described location; 3. Loss of use of the insured property or described location; 4. Loss from interruption of business or production; 5. Any additional living expenses incurred while the insured building is being repaired or is unable to be occupied for any reason; 6. The cost of complying with any ordinance or law requiring or regulating the construction, demolition, remodeling, renovation, or repair of property, including removal of any resulting debris. This exclusion does not apply to any eligible activities that we describe in Coverage D - Increased Cost of Compliance; or 7. Any other economic loss. B. We do not insure a loss directly or indirectly caused by a flood that is already in progress at the date and time: 1. The policy term begins; or 2. Coverage is added at your request. C. We do not insure for loss to property caused directly by earth movement even if the earth movement is caused by flood. Some examples of earth movement that we do not cover are: 1. Earthquake; 2. Landslide; 3. Land subsidence; 4. Sinkholes; 5. Destabilization or movement of land that results from accumulation of water in subsurface land areas; or Page 9 of 18 POL 31 May 1, 2008 6. Gradual erosion. b. Discharges or overflows from a sump, sump pump, or related equipment; or We do, however, pay for losses from mudflow and land subsidence as a result of erosion that are specifically c. Seeps or leaks on or through insured property; covered under our definition of flood (see II.A.1.c. and II.A.2.). unless there is a flood in the area and the flood is the proximate cause of the sewer or drain backup, sump D. We do not insure for direct physical loss caused pump discharge or overflow, or the seepage of water; directly or indirectly by: 6. The pressure or weight of water unless there is a 1. The pressure or weight of ice; flood in the area and the flood is the proximate 2. Freezing or thawing; cause of the damage from the pressure or weight of water; 3. Rain, snow, sleet, hail, or water spray; 7. Power, heating, or cooling failure unless the failure 4. Water, moisture, mildew, or mold damage that results results from direct physical loss by or from flood to primarily from any condition: power, heating, or cooling equipment situated on the described location; a. Substantially confined to the insured building; or 8. Theft, fire, explosion, wind, or windstorm; b. That is within your control including, but not limited to: 9. Anything you or your agent do or conspire to do to cause loss by flood deliberately; or (1) Design, structural, or mechanical defects; 10. Alteration of the insured property that significantly (2) Failure, stoppage, or breakage of water or increases the risk of flooding. sewer lines, drains, pumps, fixtures, or equipment; or E. We do not insure for loss to any building or personal property located on land leased from the Federal (3) Failure to inspect and maintain the property Government, arising from or incident to the flooding of after a flood recedes; the land by the Federal Government, where the lease expressly holds the Federal Government harmless 5. Water or waterborne material that: under flood insurance issued under any Federal Government program. a. Backs up through sewers or drains; VI. DEDUCTIBLES A. When a loss is covered under this policy, we will pay only that part of the loss that exceeds the applicable deductible amount, subject to the limit of liability that applies. The deductible amount is shown on the Declarations Page. However, when a building under construction, alteration, or repair does not have at least two rigid exterior walls and a fully secured roof at the time of loss, your deductible amount will be two times the deductible that would otherwise apply to a completed building. B. In each loss from flood, separate deductibles apply to the building and personal property insured by this policy. C. No deductible applies to: 1. III.C.2. Loss Avoidance Measures; or 2. III.D. Increased Cost of Compliance. VII. GENERAL CONDITIONS A. Pairs and Sets 1. An amount equal to the cost of replacing the lost, damaged, or destroyed article, less depreciation; or In case of loss to an article that is part of a pair or set, we will have the option of paying you: 2. An amount that represents the fair proportion of the total value of the pair or set that the lost, damaged, or destroyed article bears to the pair or set. Page 10 of 18 POL 32 May 1, 2008 B. Concealment or Fraud and Policy Voidance 1. With respect to all insureds under this policy, this policy: a. Is void; b. Has no legal force or effect; c. Cannot be renewed; and d. Cannot be replaced by a new NFIP policy; if, before or after a loss, you or any other insured or your agent have at any time: (1) Intentionally concealed or misrepresented any material fact or circumstance; (2) Engaged in fraudulent conduct; or (3) Made false statements; relating to this policy or any other NFIP insurance. 2. This policy will be void as of the date the wrongful acts described in B.1. above were committed. 3. Fines, civil penalties, and imprisonment under applicable Federal laws may also apply to the acts of fraud or concealment described above. 4. This policy is also void for reasons other than fraud, misrepresentation, or wrongful act. This policy is void from its inception and has no legal force under the following conditions: a. If the property is located in a community that was not participating in the NFIP on the policy's inception date and did not join or reenter the program during the policy term and before the loss occurred; or b. If the property listed on the application is otherwise not eligible for coverage under the NFIP. C. Other Insurance 1. If a loss covered by this policy is also covered by other insurance that includes flood coverage not issued under the Act, we will not pay more than the amount of insurance that you are entitled to for lost, damaged, or destroyed property insured under this policy subject to the following: a. We will pay only the proportion of the loss that the amount of insurance that applies under this policy bears to the total amount of insurance covering the loss, unless C.1.b. or c. immediately below applies. b. If the other policy has a provision stating that it is excess insurance, this policy will be primary. c. This policy will be primary (but subject to its own deductible) up to the deductible in the other flood policy (except another policy as described in C.1.b. above). When the other deductible amount is reached, this policy will participate in the same proportion that the amount of insurance under this policy bears to the total amount of both policies, for the remainder of the loss. 2. If this policy covers a condominium association and there is a flood insurance policy in the name of a unit owner that covers the same loss as this policy, then this policy will be primary. D. Amendments, Waivers, Assignment This policy cannot be changed nor can any of its provisions be waived without the express written consent of the Federal Insurance Administrator. No action that we take under the terms of this policy can constitute a waiver of any of our rights. You may assign this policy in writing when you transfer title of your property to someone else, except under these conditions: 1. When this policy covers only personal property; or 2. When this policy covers a structure during the course of construction. E. Cancellation of Policy by You 1. You may cancel this policy in accordance with the applicable rules and regulations of the NFIP. 2. If you cancel this policy, you may be entitled to a full or partial refund of premium also under the applicable rules and regulations of the NFIP. F. Nonrenewal of the Policy by Us Your policy will not be renewed: 1. If the community where your covered property is located stops participating in the NFIP; or 2. If your building has been declared ineligible under Section 1316 of the Act. G. Reduction and Reformation of Coverage 1. If the premium we received from you was not enough to buy the kind and amount of coverage you requested, we will provide only the amount of coverage that can be purchased for the premium payment we received. Page 11 of 18 POL 33 May 1, 2008 2. The policy can be reformed to increase the amount of coverage resulting from the reduction described in G.1. above to the amount you requested as follows: a. Discovery of insufficient premium or incomplete rating information before a loss. (1) If we discover before you have a flood loss that your premium payment was not enough to buy the requested amount of coverage, we will send you and any mortgagee or trustee known to us a bill for the required additional premium for the current policy term (or that portion of the current policy term following any endorsement changing the amount of coverage). If you or the mortgagee or trustee pay the additional premium within 30 days from the date of our bill, we will reform the policy to increase the amount of coverage to the originally requested amount effective to the beginning of the current policy term (or subsequent date of any endorsement changing the amount of coverage). (2) If we determine before you have a flood loss that the rating information we have is incomplete and prevents us from calculating the additional premium, we will ask you to send the required information. You must submit the information within 60 days of our request. Once we determine the amount of additional premium for the current policy term, we will follow the procedure in G.2.a.(1) above. (3) If we do not receive the additional premium (or additional information) by the date it is due, the amount of coverage can only be increased by endorsement subject to any appropriate waiting period. b. Discovery of insufficient premium or incomplete rating information after a loss. (1) If we discover after you have a flood loss that your premium payment was not enough to buy the requested amount of coverage, we will send you and any mortgagee or trustee known to us a bill for the required additional premium for the current and the prior policy terms. If you or the mortgagee or trustee pay the additional premium within 30 days from the date of our bill, we will reform the policy to increase the amount of coverage to the originally requested amount effective to the beginning of the prior policy term. (2) If we discover after you have a flood loss that the rating information we have is incomplete and prevents us from calculating the additional premium, we will ask you to send the required information. You must submit the information before your claim can be paid. Once we determine the amount of additional premium for the current and prior policy terms, we will follow the procedure in G.2.b.(1) above. (3) If we do not receive the additional premium by the date it is due, your flood insurance claim will be settled based on the reduced amount of coverage. The amount of coverage can only be increased by endorsement subject to any appropriate waiting period. 3. However, if we find that you or your agent intentionally did not tell us, or falsified, any important fact or circumstance or did anything fraudulent relating to this insurance, the provisions of Condition B. Concealment or Fraud and Policy Voidance apply. H. Policy Renewal 1. This policy will expire at 12:01 a.m. on the last day of the policy term. 2. We must receive the payment of the appropriate renewal premium within 30 days of the expiration date. 3. If we find, however, that we did not place your renewal notice into the U.S. Postal Service, or if we did mail it, we made a mistake, e.g., we used an incorrect, incomplete, or illegible address, which delayed its delivery to you before the due date for the renewal premium, then we will follow these procedures: a. If you or your agent notified us, not later than one year after the date on which the payment of the renewal premium was due, of nonreceipt of a renewal notice before the due date for the renewal premium, and we determine that the circumstances in the preceding paragraph apply, we will mail a second bill providing a revised due date, which will be 30 days after the date on which the bill is mailed. b. If we do not receive the premium requested in the second bill by the revised due date, then we will not renew the policy. In that case, the policy will remain an expired policy as of the expiration date shown on the Declarations Page. 4. In connection with the renewal of this policy, we may ask you during the policy term to recertify, on a Recertification Questionnaire that we will provide to you, the rating information used to rate your most recent application for or renewal of insurance. I. Conditions Suspending or Restricting Insurance We are not liable for loss that occurs while there is a hazard that is increased by any means within your control or knowledge. Page 12 of 18 POL 34 May 1, 2008 J. Requirements in Case of Loss In case of a flood loss to insured property, you must: 1. Give prompt written notice to us; 2. As soon as reasonably possible, separate the damaged and undamaged property, putting it in the best possible order so that we may examine it; 3. Prepare an inventory of damaged property showing the quantity, description, actual cash value, and amount of loss. Attach all bills, receipts, and related documents; 4. Within 60 days after the loss, send us a proof of loss, which is your statement of the amount you are claiming under the policy signed and sworn to by you, and which furnishes us with the following information: a. The date and time of loss; b. A brief explanation of how the loss happened; c. Your interest (for example, "owner") and the interest, if any, of others in the damaged property; d. Details of any other insurance that may cover the loss; e. Changes in title or occupancy of the insured property during the term of the policy; f. Specifications of damaged buildings and detailed repair estimates; g. Names of mortgagees or anyone else having a lien, charge, or claim against the insured property; h. Details about who occupied any insured building at the time of loss and for what purpose; and i. The inventory of damaged property described in J.3. above. 5. In completing the proof of loss, you must use your own judgment concerning the amount of loss and justify that amount. 6. You must cooperate with the adjuster or representative in the investigation of the claim. 7. The insurance adjuster whom we hire to investigate your claim may furnish you with a proof of loss form, and she or he may help you complete it. However, this is a matter of courtesy only, and you must still send us a proof of loss within 60 days after the loss even if the adjuster does not furnish the form or help you complete it. 8. We have not authorized the adjuster to approve or disapprove claims or to tell you whether we will approve your claim. 9. At our option, we may accept the adjuster's report of the loss instead of your proof of loss. The adjuster's report will include information about your loss and the damages you sustained. You must sign the adjuster's report. At our option, we may require you to swear to the report. K. Our Options After a Loss Options we may, in our sole discretion, exercise after loss include the following: 1. At such reasonable times and places that we may designate, you must: a. Show us or our representative the damaged property; b. Submit to examination under oath, while not in the presence of another insured, and sign the same; and c. Permit us to examine and make extracts and copies of: (1) Any policies of property insurance insuring you against loss and the deed establishing your ownership of the insured real property; (2) Condominium association documents including the Declarations of the condominium, its Articles of Association or Incorporation, Bylaws, and rules and regulations; and (3) All books of accounts, bills, invoices and other vouchers, or certified copies pertaining to the damaged property if the originals are lost. 2. We may request, in writing, that you furnish us with a complete inventory of the lost, damaged, or destroyed property, including: a. Quantities and costs; b. Actual cash values; c. Amounts of loss claimed; d. Any written plans and specifications for repair of the damaged property that you can reasonably make available to us; and e. Evidence that prior flood damage has been repaired. 3. If we give you written notice within 30 days after we receive your signed, sworn proof of loss, we may: Page 13 of 18 POL 35 May 1, 2008 a. Repair, rebuild, or replace any part of the lost, damaged, or destroyed property with material or property of like kind and quality or its functional equivalent; and b. Take all or any part of the damaged property at the value we agree upon or its appraised value. L. No Benefit to Bailee No person or organization, other than you, having custody of covered property will benefit from this insurance. M. Loss Payment 1. We will adjust all losses with you. We will pay you unless some other person or entity is named in the policy or is legally entitled to receive payment. Loss will be payable 60 days after we receive your proof of loss (or within 90 days after the insurance adjuster files an adjuster’s report signed and sworn to by you in lieu of a proof of loss) and: a. We reach an agreement with you; b. There is an entry of a final judgment; or c. There is a filing of an appraisal award with us, as provided in VII.P. 2. If we reject your proof of loss in whole or in part you may: a. Accept such denial of your claim; b. Exercise your rights under this policy; or c. File an amended proof of loss, as long as it is filed within 60 days of the date of the loss. N. Abandonment You may not abandon damaged or undamaged insured property to us. O. Salvage We may permit you to keep damaged insured property after a loss, and we will reduce the amount of the loss proceeds payable to you under the policy by the value of the salvage. P. Appraisal If you and we fail to agree on the actual cash value of the damaged property so as to determine the amount of loss, either may demand an appraisal of the loss. In this event, you and we will each choose a competent and impartial appraiser within 20 days after receiving a written request from the other. The two appraisers will choose an umpire. If they cannot agree upon an umpire within 15 days, you or we may request that the choice be made by a judge of a court of record in the State where the insured property is located. The appraisers will separately state the actual cash value and the amount of loss to each item. If the appraisers submit a written report of an agreement to us, the amount agreed upon will be the amount of loss. If they fail to agree, they will submit their differences to the umpire. A decision agreed to by any two will set the amount of actual cash value and loss. Each party will: 1. Pay its own appraiser; and 2. Bear the other expenses of the appraisal and umpire equally. Q. Mortgage Clause The word "mortgagee" includes trustee. Any loss payable under Coverage A- Building Property will be paid to any mortgagee of whom we have actual notice as well as any other mortgagee or loss payee determined to exist at the time of loss, and you, as interests appear. If more than one mortgagee is named, the order of payment will be the same as the order of precedence of the mortgages. If we deny your claim, that denial will not apply to a valid claim of the mortgagee, if the mortgagee: 1. Notifies us of any change in the ownership or occupancy, or substantial change in risk of which the mortgagee is aware; 2. Pays any premium due under this policy on demand if you have neglected to pay the premium; and 3. Submits a signed, sworn proof of loss within 60 days after receiving notice from us of your failure to do so. All of the terms of this policy apply to the mortgagee. The mortgagee has the right to receive loss payment even if the mortgagee has started foreclosure or similar action on the building. If we decide to cancel or not renew this policy, it will continue in effect for the benefit of the mortgagee only for 30 days after we notify the mortgagee of the cancellation or nonrenewal. If we pay the mortgagee for any loss and deny payment to you, we are subrogated to all the rights of the mortgagee granted under the mortgage on the property. Subrogation will not impair the right of the mortgagee to recover the full amount of the mortgagee's claim. R. Suit Against Us You may not sue us to recover money under this policy unless you have complied with all the requirements of the policy. If you do sue, you must start the suit within one year of the date of the written denial of all or part of the Page 14 of 18 POL 36 May 1, 2008 claim, and you must file the suit in the United States District Court of the district in which the insured property was located at the time of loss. This requirement applies to any claim that you may have under this policy and to any dispute that you may have arising out of the handling of any claim under the policy. S. Subrogation Whenever we make a payment for a loss under this policy, we are subrogated to your right to recover for that loss from any other person. That means that your right to recover for a loss that was partly or totally caused by someone else is automatically transferred to us, to the extent that we have paid you for the loss. We may require you to acknowledge this transfer in writing. After the loss, you may not give up our right to recover this money or do anything that would prevent us from recovering it. If you make any claim against any person who caused your loss and recover any money, you must pay us back first before you may keep any of that money. T. Continuous Lake Flooding 1. If your insured building has been flooded by rising lake waters continuously for 90 days or more and it appears reasonably certain that a continuation of this flooding will result in a covered loss to the insured building equal to or greater than the building policy limits plus the deductible or the maximum payable under the policy for any one building loss, we will pay you the lesser of these two amounts without waiting for the further damage to occur if you sign a release agreeing: a. To make no further claim under this policy; b. Not to seek renewal of this policy; c. Not to apply for any flood insurance under the Act for property at the described location; and d. Not to seek a premium refund for current or prior terms. If the policy term ends before the insured building has been flooded continuously for 90 days, the provisions of this paragraph T.1. will apply when the insured building suffers a covered loss before the policy term ends. 2. If your insured building is subject to continuous lake flooding from a closed basin lake, you may elect to file a claim under either paragraph T.1. above or this paragraph T.2. (A "closed basin lake" is a natural lake from which water leaves primarily through evaporation and whose surface area now exceeds or has exceeded one square mile at any time in the recorded past. Most of the nation's closed basin lakes are in the western half of the United States, where annual evaporation exceeds annual precipitation and where lake levels and surface areas are subject to considerable fluctuation due to wide variations in the climate. These lakes may overtop their basins on rare occasions.) Under this paragraph T.2. we will pay your claim as if the building is a total loss even though it has not been continuously inundated for 90 days, subject to the following conditions: a. Lake flood waters must damage or imminently threaten to damage your building. b. Before approval of your claim, you must: (1) Agree to a claim payment that reflects your buying back the salvage on a negotiated basis; and (2) Grant the conservation easement described in FEMA's "Policy Guidance for Closed Basin Lakes," to be recorded in the office of the local recorder of deeds. FEMA, in consultation with the community in which the property is located, will identify on a map an area or areas of special consideration (ASC) in which there is a potential for flood damage from continuous lake flooding. FEMA will give the community the agreed-upon map showing the ASC. This easement will only apply to that portion of the property in the ASC. It will allow certain agricultural and recreational uses of the land. The only structures that it will allow on any portion of the property within the ASC are certain simple agricultural and recreational structures. If any of these allowable structures are insurable buildings under the NFIP and are insured under the NFIP, they will not be eligible for the benefits of this paragraph T.2. If a U.S. Army Corps of Engineers certified flood control project or otherwise certified flood control project later protects the property, FEMA will, upon request, amend the ASC to remove areas protected by those projects. The restrictions of the easement will then no longer apply to any portion of the property removed from the ASC; and (3) Comply with paragraphs T.1.a. through T.1.d. above. c. Within 90 days of approval of your claim, you must move your building to a new location outside the ASC. FEMA will give you an additional 30 days to move if you show that there is sufficient reason to extend the time. d. Before the final payment of your claim, you must acquire an elevation certificate and a floodplain development permit from the local floodplain administrator for the new location of your building. e. Before the approval of your claim, the community having jurisdiction over your building must: Page 15 of 18 POL 37 May 1, 2008 (1) Adopt a permanent land use ordinance, or a temporary moratorium for a period not to exceed 6 months to be followed immediately by a permanent land use ordinance, that is consistent with the provisions specified for the easement required in paragraph T.2.b. above; (2) Agree to declare and report any violations of this ordinance to FEMA so that under Section 1316 of the National Flood Insurance Act of 1968, as amended, flood insurance to the building can be denied; and (3) Agree to maintain as deed-restricted, for purposes compatible with open space or agricultural or recreational use only, any affected property the community acquires an interest in. These deed restrictions must be consistent with the provisions of paragraph T.2.b. above, except that, even if a certified project protects the property, the land use restrictions continue to apply if the property was acquired under the Hazard Mitigation Grant Program or the Flood Mitigation Assistance Program. If a nonprofit land trust organization receives the property as a donation, that organization must maintain the property as deed-restricted, consistent with the provisions of paragraph T.2.b. above. f. Before the approval of your claim, the affected State must take all action set forth in FEMA's "Policy Guidance for Closed Basin Lakes." g. You must have NFIP flood insurance coverage continuously in effect from a date established by FEMA until you file a claim under this paragraph T.2. If a subsequent owner buys NFIP insurance that goes into effect within 60 days of the date of transfer of title, any gap in coverage during that 60-day period will not be a violation of this continuous coverage requirement. For the purpose of honoring a claim under this paragraph T.2., we will not consider to be in effect any increased coverage that became effective after the date established by FEMA. The exception to this is any increased coverage in the amount suggested by your insurer as an inflation adjustment. h. This paragraph T.2. will be in effect for a community when the FEMA Regional Director for the affected region provides to the community, in writing, the following: (1) Confirmation that the community and the State are in compliance with the conditions in paragraphs T.2.e. and T.2.f. above; and (2) The date by which you must have flood insurance in effect. U. Duplicate Policies Not Allowed 1. We will not insure your property under more than one NFIP policy. If we find that the duplication was not knowingly created, we will give you written notice. The notice will advise you that you may choose one of several options under the following procedures: a. If you choose to keep in effect the policy with the earlier effective date, you may also choose to add the coverage limits of the later policy to the limits of the earlier policy. The change will become effective as of the effective date of the later policy. b. If you choose to keep in effect the policy with the later effective date, you may also choose to add the coverage limits of the earlier policy to the limits of the later policy. The change will be effective as of the effective date of the later policy. In either case, you must pay the pro rata premium for the increased coverage limits within 30 days of the written notice. In no event will the resulting coverage limits exceed the permissible limits of coverage under the Act or your insurable interest, whichever is less. We will make a refund to you, according to applicable NFIP rules, of the premium for the policy not being kept in effect. 2. The insured’s option under this Condition U. Duplicate Policies Not Allowed to elect which NFIP policy to keep in effect does not apply when duplicates have been knowingly created. Losses occurring under such circumstances will be adjusted according to the terms and conditions of the earlier policy. The policy with the later effective date must be canceled. V. Loss Settlement We will pay the least of the following amounts after application of the deductible: 1. The applicable amount of insurance under this policy; 2. The actual cash value; or 3. The amount it would cost to repair or replace the property with material of like kind and quality within a reasonable time after the loss. Page 16 of 18 POL 38 May 1, 2008 VIII. LIBERALIZATION CLAUSE If we make a change that broadens your coverage under change, provided that this implementation date falls within this edition of our policy, but does not require any 60 days before, or during, the policy term stated on the additional premium, then that change will automatically Declarations Page. apply to your insurance as of the date we implement the IX. WHAT LAW GOVERNS This policy and all disputes arising from the handling of National Flood Insurance Act of 1968, as amended (42 any claim under the policy are governed exclusively by U.S.C. 4001, et seq.), and Federal common law. the flood insurance regulations issued by FEMA, the IN WITNESS WHEREOF, we have signed this policy below and hereby enter into this Insurance Agreement. David I. Maurstad Federal Insurance Administrator National Flood Insurance Program Page 17 of 18 POL 39 May 1, 2008 CLAIM GUIDELINES IN CASE OF A FLOOD For the protection of you and your family, the following claim guidelines are provided by the National Flood Insurance Program (NFIP). If you are ever in doubt as to what action is needed, consult your insurance representative or call the NFIP toll-free at 1-800-638-6620 or on the TDD line at 1-800-447-9487. Know your insurance representative's name and telephone number. List them here for fast reference: Insurance Representative _________________________________ Representative's Phone Number ______________________________ • Notify us or your insurance representative, in writing, as soon as possible after the flood. • If you report to your insurance representative, remind him or her to assign the claim to an NFIP- approved claims adjuster. The NFIP pays for the services of the independent claims adjuster assigned to your claim. • Determine the independent claims adjuster assigned to your claim and contact him or her if you have not been contacted within 24 hours after you reported the claim to your insurance representative. • As soon as possible, separate damaged property from undamaged property so that damage can be inspected and evaluated. • Discuss with the claims adjuster any need you may have for an advance or partial payment for your loss. • To help the claims adjuster, try to take photographs of the outside of the premises showing the flooding and the damage and photographs of the inside of the premises showing the height of the water and the damaged property. • Place all account books, financial records, receipts, and other loss verification material in a safe place for examination and evaluation by the claims adjuster. • Work cooperatively and promptly with the claims adjuster to determine and document all claim items. Be prepared to advise the claims adjuster of the cause and responsible party(ies), if the flooding resulted from other than natural cause. • Make sure that the claims adjuster fully explains, and that you fully understand, all allowances and procedures for processing claim payments on the basis of your proof of loss. This policy requires you to send us detailed proof of loss within 60 days after the loss. • Any and all coverage problems and claim allowance restrictions must be communicated directly from the NFIP. Claims adjusters are not authorized to approve or deny claims; their job is to report to the NFIP on the elements of flood cause and damage. At our option, we may accept an adjuster's report of the loss instead of your proof of loss. The adjuster's report will include information about your loss and the damages to your insured property. You must sign the adjuster's report. At our option, we may require you to swear to the report. F-123 (10/04) Page 18 of 18 POL 40 May 1, 2008 This page intentionally left blank. POL 41 May 1, 2008 RESIDENTIAL CONDOMINIUM BUILDING ASSOCIATION POLICY Summary of Significant Changes, December 31, 2000 1. Section III. Property Covered, A. Coverage A Building Property, 3. Additions and extensions to buildings that are connected by a rigid exterior wall, a solid load-bearing interior wall, a stairway, an elevated walkway, or a roof may be insured as part of the building. At the option of the insured, these extensions and additions may be insured separately. Additions and extensions that are attached to and in contact with the building by means of a common interior wall that is not a solid load-bearing wall are always considered part of the building and cannot be insured separately. 2. Section III. Property Covered, B. Coverage B Personal Property, 4. Special Limits Coverage for fine arts, collectibles, jewelry, and furs has been increased to $ 2500. 3. Section III. Property Covered, C. Coverage C Other Coverages, 2.a. & b. Coverage for the two loss avoidance measures, (sandbagging and relocation of property to protect it from flood or the imminent danger of flood) has been increased to $1,000 for each. 4. Section IV. Property Not Covered, 5.a. & b. Coverage has been changed to pay for losses to self- propelled vehicles used to service the described location or designed to assist handicapped persons provided that the vehicles are in a building at the described location. 5. Section IV. Property Not Covered, 7. Coverage is now specifically excluded for scrip and stored value cards. 6. Section IV. Property Not Covered, 14. Coverage for swimming pools, hot tubs, and spas (that are not bathroom hot tubs or spas), and their equipment is now excluded. 7. Section V. Exclusions, B.1 & 2. The explanation of when coverage begins as it relates to a loss in progress has been simplified. 8. Section V. Exclusions, C. Coverage has been clarified to pay for losses from land subsidence under certain circumstances. Subsidence of land along a lake shore or similar body of water which results from the erosion or undermining of the shoreline caused by waves or currents of water exceeding cyclical levels that result in a flood is now covered. All other land subsidence is excluded. 9. Section V. Exclusions, D.4.b.(3) Coverage is now excluded for water, moisture, mildew, or mold damage caused by the policyholder's failure to inspect and maintain the insured property after the flood waters recede. 10. Section V. Exclusions, D.6. Coverage is now added for damage from the pressure of water against the insured structure with the requirement that there be a flood in the area and the flood is the proximate cause of damage from the pressure of water against the insured structure. 11. Section V. Exclusions, F. An exclusion for the cost of testing for or monitoring of pollutants unless it is required by law or ordinance has been added. 12. Section VIII. General Conditions, G. Reduction and Reformation of Coverage, 2.a.(2) If it is discovered before a claim occurs that there is incomplete rating information, the policyholder has 60 days to submit missing rating information. Otherwise, the coverage can only be increased by an endorsement that is subject to the appropriate waiting period (currently 30 days). 13. Section VIII. General Conditions, V. Loss Settlement, 3. Special Loss Settlement, b.(1) Coverage for a manufactured or mobile home or travel trailer eligible for replacement cost coverage is limited to 1.5 times its actual cash value. POL 42 May 1, 2008 FEDERAL EMERGENCY MANAGEMENT AGENCY NATIONAL FLOOD INSURANCE PROGRAM STANDARD FLOOD INSURANCE POLICY RESIDENTIAL CONDOMINIUM BUILDING ASSOCIATION POLICY PLEASE READ THE POLICY CAREFULLY. THE FLOOD INSURANCE PROVIDED IS SUBJECT TO LIMITATIONS, RESTRICTIONS, AND EXCLUSIONS. THIS POLICY COVERS ONLY A RESIDENTIAL CONDOMINIUM BUILDING IN A REGULAR PROGRAM COMMUNITY. IF THE COMMUNITY REVERTS TO EMERGENCY PROGRAM STATUS DURING THE POLICY TERM AND REMAINS AN EMERGENCY PROGRAM COMMUNITY AT TIME OF RENEWAL, THIS POLICY CANNOT BE RENEWED. I. AGREEMENT The Federal Emergency Management Agency (FEMA) provides flood insurance under the terms of the National Flood Insurance Act of 1968 and its amendments, and Title 44 of the Code of Federal Regulations (CFR). We will pay you for direct physical loss by or from flood to your insured property if you: 1. Have paid the correct premium; 2. Comply with all terms and conditions of this policy; and 3. Have furnished accurate information and statements. We have the right to review the information you give us at any time and to revise your policy based on our review. II. DEFINITIONS A. In this policy, "you" and "your" refer to the insured(s) shown on the Declarations Page of this policy. "Insured(s)" includes: Any mortgagee and loss payee named in the Application and Declarations Page, as well as any other mortgagee or loss payee determined to exist at the time of loss in the order of precedence. "We," "us," and "our" refer to the insurer. Some definitions are complex because they are provided as they appear in the law or regulations, or result from court cases. The precise definitions are intended to protect you. Flood, as used in this flood insurance policy, means: 1. A general and temporary condition of partial or complete inundation of two or more acres of normally dry land area or of two or more properties (at least one of which is your property) from: a. Overflow of inland or tidal waters; b. Unusual and rapid accumulation or runoff of surface waters from any source; c. Mudflow. 2. Collapse or subsidence of land along the shore of a lake or similar body of water as a result of erosion or undermining caused by waves or currents of water exceeding anticipated cyclical levels that result in a flood as defined in A.1.a. above. B. The following are the other key definitions that we use in this policy: 1. Act. The National Flood Insurance Act of 1968 and any amendments to it. 2. Actual Cash Value. The cost to replace an insured item of property at the time of loss, less the value of its physical depreciation. 3. Application. The statement made and signed by you or your agent in applying for this policy. The application gives information that we use to determine the eligibility of the risk, the kind of policy to be issued, and the correct premium payment. The application is part of this flood insurance policy. For us to issue you a policy, the correct premium payment must accompany the application. 4. Base Flood. A flood having a one percent chance of being equaled or exceeded in any given year. Page 1 of 19 POL 43 May 1, 2008 5. Basement. Any area of the building, including any sunken room or sunken portion of a room, having its floor below ground level (subgrade) on all sides. 6. Building. a. A structure with two or more outside rigid walls and a fully secured roof, that is affixed to a permanent site; b. A manufactured home (a "manufactured home," also known as a mobile home, is a structure built on a permanent chassis, transported to its site in one or more sections, and affixed to a permanent foundation); or c. A travel trailer without wheels, built on a chassis and affixed to a permanent foundation, that is regulated under the community's floodplain management and building ordinances or laws. Building does not mean a gas or liquid storage tank or a recreational vehicle, park trailer, or other similar vehicle, except as described in B.6.c. above. 7. Cancellation. The ending of the insurance coverage provided by this policy before the expiration date. 8. Condominium. That form of ownership of real property in which each unit owner has an undivided interest in common elements. 9. Condominium Association. The entity made up of the unit owners responsible for the maintenance and operation of: a. Common elements owned in undivided shares by unit owners; and b. Other real property in which the unit owners have use rights; where membership in the entity is a required condition of unit ownership. 10. Declarations Page. A computer-generated summary of information you provided in the application for insurance. The Declarations Page also describes the term of the policy, limits of coverage, and displays the premium and our name. The Declarations Page is a part of this flood insurance policy. 11. Described Location. The location where the insured building or personal property are found. The described location is shown on the Declarations Page. 12. Direct Physical Loss By or From Flood. Loss or damage to insured property, directly caused by a flood. There must be evidence of physical changes to the property. 13. Elevated Building. A building that has no basement and that has its lowest elevated floor raised above ground level by foundation walls, shear walls, posts, piers, pilings, or columns. 14. Emergency Program. The initial phase of a community's participation in the National Flood Insurance Program. During this phase, only limited amounts of insurance are available under the Act. 15. Expense Constant. A flat charge you must pay on each new or renewal policy to defray the expenses of the Federal Government related to flood insurance. 16. Federal Policy Fee. A flat charge you must pay on each new or renewal policy to defray certain administrative expenses incurred in carrying out the National Flood Insurance Program. This fee covers expenses not covered by the expense constant. 17. Improvements. Fixtures, alterations, installations, or additions comprising a part of the residential condominium building, including improvements in the units. 18. Mudflow. A river of liquid and flowing mud on the surfaces of normally dry land areas, as when earth is carried by a current of water. Other earth movements, such as landslide, slope failure, or a saturated soil mass moving by liquidity down a slope, are not mudflows. 19. National Flood Insurance Program (NFIP). The program of flood insurance coverage and floodplain management administered under the Act and applicable Federal regulations in Title 44 of the Code of Federal Regulations, Subchapter B. 20. Policy. The entire written contract between you and us. It includes: a. This printed form; b. The application and Declarations Page; c. Any endorsement(s) that may be issued; and d. Any renewal certificate indicating that coverage has been instituted for a new policy and new policy term. Only one building, which you specifically described in the application, may be insured under this policy. 21. Pollutants. Substances that include, but are not limited to, any solid, liquid, gaseous, or thermal irritant or contaminant, including smoke, vapor, soot, fumes, acids, alkalis, chemicals, and waste. "Waste" includes, but is not limited to, materials to be recycled, reconditioned, or reclaimed. Page 2 of 19 POL 44 May 1, 2008 22. Post-FIRM Building. A building for which construction or substantial improvement occurred after December 31, 1974, or on or after the effective date of an initial Flood Insurance Rate Map (FIRM), whichever is later. 23. Probation Premium. A flat charge you must pay on each new or renewal policy issued covering property in a community that the NFIP has placed on probation under the provisions of 44 CFR 59.24. 24. Regular Program. The final phase of a community's participation in the National Flood Insurance Program. In this phase, a Flood Insurance Rate Map is in effect and full limits of coverage are available under the Act. 25. Residential Condominium Building. A building, owned and administered as a condominium, containing one or more family units and in which at least 75 percent of the floor area is residential. 26. Special Flood Hazard Area. An area having special flood, or mudflow, and/or flood-related erosion hazards, and shown on a Flood Hazard Boundary Map or Flood Insurance Rate Map as Zone A, AO, A1-A30, AE, A99, AH, AR, AR/A, AR/AE, AR/AH, AR/AO, AR/A1-A30, V1-V30, VE, or V. 27. Unit. A single-family unit in a residential condominium building. 28. Valued Policy. A policy in which the insured and the insurer agree on the value of the property insured, that value being payable in the event of a total loss. The Standard Flood Insurance Policy is not a valued policy. III. PROPERTY COVERED A. COVERAGE A - BUILDING PROPERTY We insure against direct physical loss by or from flood to: 1. The residential condominium building described on the Declarations Page at the described location, including all units within the building and the improvements within the units. 2. We also insure such building property for a period of 45 days at another location, as set forth in III.C.2.b., Property Removed to Safety. 3. Additions and extensions attached to and in contact with the building by means of a rigid exterior wall, a solid load-bearing interior wall, a stairway, an elevated walkway, or a roof. At your option, additions and extensions connected by any of these methods may be separately insured. Additions and extensions attached to and in contact with the building by means of a common interior wall that is not a solid load- bearing wall are always considered part of the building and cannot be separately insured. 4. The following fixtures, machinery, and equipment, which are covered under Coverage A only: a. Awnings and canopies; b. Blinds; c. Carpet permanently installed over unfinished flooring; d. Central air conditioners; e. Elevator equipment; f. Fire extinguishing apparatus; g. Fire sprinkler systems; h. Walk-in freezers; i. Furnaces; j. Light fixtures; k. Outdoor antennas and aerials fastened to buildings; l. Permanently installed cupboards, bookcases, paneling, and wallpaper; m. Pumps and machinery for operating pumps; n. Ventilating equipment; o. Wall mirrors, permanently installed; and p. In the units within the building, installed: (1) Built-in dishwashers; (2) Built-in microwave ovens; (3) Garbage disposal units; (4) Hot water heaters, including solar water heaters; (5) Kitchen cabinets; (6) Plumbing fixtures; (7) Radiators; (8) Ranges; (9) Refrigerators; and (10) Stoves. 5. Materials and supplies to be used for construction, alteration, or repair of the insured building while the materials and supplies are stored in a fully enclosed building at the described location or on an adjacent property. 6. A building under construction, alteration, or repair at the described location. a. If the structure is not yet walled or roofed as described in the definition for building (see II.B.6.a.), then coverage applies: (1) Only while such work is in progress; or (2) If such work is halted, only for a period of up to 90 continuous days thereafter. Page 3 of 19 POL 45 May 1, 2008 b. However, coverage does not apply until the building is walled and roofed if the lowest floor, including the basement floor, of a non-elevated building or the lowest elevated floor of an elevated building is: (1) Below the base flood elevation in Zones AH, AE, A1-A30, AR, AR/AE, AR/AH, AR/A1-A30, AR/A, AR/AO; or (2) Below the base flood elevation adjusted to include the effect of wave action in Zones VE or V1-V30. The lowest floor levels are based on the bottom of the lowest horizontal structural member of the floor in Zones VE or V1-V30 and the top of the floor in Zones AH, AE, A1-A30, AR, AR/AE, AR/AH, AR/A1-A30, AR/A, AR/AO. 7. A manufactured home or a travel trailer as described in the Definitions section (see II.B.6.b. and II.B.6.c.) If the manufactured home is in a special flood hazard area, it must be anchored in the following manner at the time of the loss: a. By over-the-top or frame ties to ground anchors; or b. In accordance with the manufacturer's specifications; or c. In compliance with the community's floodplain management requirements; unless it has been continuously insured by the NFIP at the same described location since September 30, 1982. 8. Items of property in a building enclosure below the lowest elevated floor of an elevated post-FIRM building located in Zones A1-A30, AE, AH, AR, AR/A, AR/AE, AR/AH, AR/A1-A30, V1-V30, or VE, or in a basement, regardless of the zone. Coverage is limited to the following: a. Any of the following items, if installed in their functioning locations and, if necessary for operation, connected to a power source: (1) Central air conditioners; (2) Cisterns and the water in them; (3) Drywall for walls and ceilings in a basement and the cost of labor to nail it, unfinished and unfloated and not taped, to the framing; (4) Electrical junction and circuit breaker boxes; (5) Electrical outlets and switches; (6) Elevators, dumbwaiters and related equipment, except for related equipment installed below the base flood elevation after September 30, 1987; (7) Fuel tanks and the fuel in them; (8) Furnaces and hot water heaters; (9) Heat pumps; (10) Nonflammable insulation in a basement; (11) Pumps and tanks used in solar energy systems; (12) Stairways and staircases attached to the building, not separated from it by elevated walkways; (13) Sump pumps; (14) Water softeners and the chemicals in them, water filters, and faucets installed as an integral part of the plumbing system; (15) Well water tanks and pumps; (16) Required utility connections for any item in this list; and (17) Footings, foundations, posts, pilings, piers, or other foundation walls and anchorage systems required to support a building. b. Clean-up. B. COVERAGE B - PERSONAL PROPERTY 1. If you have purchased personal property coverage, we insure, subject to B.2. and B.3. below, against direct physical loss by or from flood to personal property that is inside the fully enclosed insured building and is: a. Owned by the unit owners of the condominium association in common, meaning property in which each unit owner has an undivided ownership interest; or b. Owned solely by the condominium association and used exclusively in the conduct of the business affairs of the condominium association. We also insure such personal property for 45 days while stored at a temporary location, as set forth in III.C.2.b., Property Removed to Safety. 2. Coverage for personal property includes the following property, subject to paragraph B.1. above, which is covered under Coverage B only: a. Air conditioning units, portable or window type; b. Carpet, not permanently installed, over unfinished flooring; c. Carpets over finished flooring; d. Clothes washers and dryers; e. "Cook-out" grills; f. Food freezers, other than walk-in, and food in any freezer; g. Outdoor equipment and furniture stored inside the insured building; h. Ovens and the like; and i. Portable microwave ovens and portable dishwashers. Page 4 of 19 POL 46 May 1, 2008 3. Coverage for items of property in a building enclosure lower than the lowest elevated floor of an elevated post-FIRM building located in Zones A1A30, AE, AH, AR, AR/A, AR/AE, AR/AH, AR/A1-A30, V1-V30, or VE, or in a basement, regardless of the zone, is limited to the following items, if installed in their functioning locations and, if necessary for operation, connected to a power source: a. Air conditioning units, portable or window type; b. Clothes washers and dryers; and c. Food freezers, other than walk-in, and food in any freezer. 4. Special Limits. We will pay no more than $2,500 for any one loss to one or more of the following kinds of personal property: a. Artwork, photographs, collectibles, or memorabilia, including but not limited to, porcelain or other figures, and sports cards; b. Rare books or autographed items; c. Jewelry, watches, precious and semiprecious stones, or articles of gold, silver, or platinum; or d. Furs or any article containing fur which represents its principal value. 5. We will pay only for the functional value of antiques. C. COVERAGE C - OTHER COVERAGES 1. Debris Removal a. We will pay the expense to remove non-owned debris on or in insured property and owned debris anywhere. b. If you or a member of your household perform the removal work, the value of your work will be based on the Federal minimum wage. c. This coverage does not increase the Coverage A or Coverage B limit of liability. 2. Loss Avoidance Measures a. Sandbags, Supplies, and Labor (1) We will pay up to $1,000 for the costs you incur to protect the insured building from a flood or imminent danger of flood, for the following: (a) Your reasonable expenses to buy: (i) Sandbags, including sand to fill them; (ii) Fill for temporary levees; (iii) Pumps; and (iv) Plastic sheeting and lumber used in connection with these items; and (b) The value of work, at the Federal minimum wage, that you perform. (2) This coverage for Sandbags, Supplies, and Labor applies only if damage to insured property by or from flood is imminent and the threat of flood damage is apparent enough to lead a person of common prudence to anticipate flood damage. One of the following must also occur: (a) A general and temporary condition of flooding in the area near the described location must occur, even if the flood does not reach the insured building; or (b) A legally authorized official must issue an evacuation order or other civil order for the community in which the insured building is located calling for measures to preserve life and property from the peril of flood. This coverage does not increase the Coverage A or Coverage B limit of liability. b. Property Removed to Safety (1) We will pay up to $1,000 for the reasonable expenses you incur to move insured property to a place other than the described location that contains the property in order to protect it from flood or the imminent danger of flood. Reasonable expenses include the value of work, at the Federal minimum wage, that you perform. (2) If you move insured property to a location other than the described location that contains the property, in order to protect it from flood or the imminent danger of flood, we will cover such property while at that location for a period of 45 consecutive days from the date you begin to move it there. The personal property that is moved must be placed in a fully enclosed building or otherwise reasonably protected from the elements. Page 5 of 19 POL 47 May 1, 2008 Any property removed, including a moveable home described in Definition 6. Building, paragraphs b. and c., must be placed above ground level or outside of the special flood hazard area. This coverage does not increase the Coverage A or Coverage B limit of liability. D. COVERAGE D - INCREASED COST OF COMPLIANCE 1. General This policy pays you to comply with a State or local floodplain management law or ordinance affecting repair or reconstruction of a structure suffering flood damage. Compliance activities eligible for payment are: elevation, floodproofing, relocation, or demolition (or any combination of these activities) of your structure. Eligible floodproofing activities are limited to: a. Nonresidential structures. b. Residential structures with basements that satisfy FEMA's standards published in the Code of Federal Regulations [44 CFR 60.6 (b) or (c)]. 2. Limit of Liability We will pay you up to $30,000 under this Coverage D - Increased Cost of Compliance, which only applies to policies with building coverage (Coverage A). Our payment of claims under Coverage D is in addition to the amount of coverage which you selected on the application and which appears on the Declarations Page. But the maximum you can collect under this policy for both Coverage A - Building Property and Coverage D -Increased Cost of Compliance cannot exceed the maximum permitted under the Act. We do not charge a separate deductible for a claim under Coverage D. 3. Eligibility a. A structure covered under Coverage A - Building Property sustaining a loss caused by a flood as defined by this policy must: (1) Be a "repetitive loss structure." A repetitive loss structure is one that meets the following conditions: (a) The structure is covered by a contract of flood insurance issued under the NFIP. (b) The structure has suffered flood damage on two occasions during a 10year period which ends on the date of the second loss. (c) The cost to repair the flood damage, on average, equaled or exceeded 25 percent of the market value of the structure at the time of each flood loss. (d) In addition to the current claim, the NFIP must have paid the previous qualifying claim, and the State or community must have a cumulative, substantial damage provision or repetitive loss provision in its floodplain management law or ordinance being enforced against the structure; or (2) Be a structure that has had flood damage in which the cost to repair equals or exceeds 50 percent of the market value of the structure at the time of the flood. The State or community must have a substantial damage provision in its floodplain management law or ordinance being enforced against the structure. b. This Coverage D pays you to comply with State or local floodplain management laws or ordinances that meet the minimum standards of the National Flood Insurance Program found in the Code of Federal Regulations at 44 CFR 60.3. We pay for compliance activities that exceed those standards under these conditions: (1) 3.a.(1) above. (2) Elevation or floodproofing in any risk zone to preliminary or advisory base flood elevations provided by FEMA which the State or local government has adopted and is enforcing for flood-damaged structures in such areas. (This includes compliance activities in B, C, X, or D zones which are being changed to zones with base flood elevations. This also includes compliance activities in zones where base flood elevations are being increased, and a flood- damaged structure must comply with the higher advisory base flood elevation.) Increased Cost of Compliance coverage does not apply to situations in B, C, X, or D zones where the community has derived its own elevations and is enforcing elevation or floodproofing requirements for flood- damaged structures to elevations derived solely by the community. (3) Elevation or floodproofing above the base flood elevation to meet State or local "freeboard" requirements, i.e., that a structure must be elevated above the base flood elevation. Page 6 of 19 POL 48 May 1, 2008 c. Under the minimum NFIP criteria at 44 CFR 60.3 (b)(4), States and communities must require the elevation or floodproofing of structures in unnumbered A zones to the base flood elevation where elevation data is obtained from a Federal, State, or other source. Such compliance activities are also eligible for Coverage D. d. This coverage will also pay for the incremental cost, after demolition or relocation, of elevating or floodproofing a structure during its rebuilding at the same or another site to meet State or local floodplain management laws or ordinances, subject to Exclusion D.5.g. below. e. This coverage will also pay to bring a flood- damaged structure into compliance with State or local floodplain management laws or ordinances even if the structure had received a variance before the present loss from the applicable floodplain management requirements. 4. Conditions a. When a structure covered under Coverage A - Building Property sustains a loss caused by a flood, our payment for the loss under this Coverage D will be for the increased cost to elevate, floodproof, relocate, or demolish (or any combination of these activities) caused by the enforcement of current State or local floodplain management ordinances or laws. Our payment for eligible demolition activities will be for the cost to demolish and clear the site of the building debris or a portion thereof caused by the enforcement of current State or local floodplain management ordinances or laws. Eligible activities for the cost of clearing the site will include those necessary to discontinue utility service to the site and ensure proper abandonment of on-site utilities. b. When the building is repaired or rebuilt, it must be intended for the same occupancy as the present building unless otherwise required by current floodplain management ordinances or laws. 5. Exclusions Under this Coverage D - Increased Cost of Compliance we will not pay for: a. The cost to comply with any floodplain management law or ordinance in communities participating in the Emergency Program. b. The cost associated with enforcement of any ordinance or law that requires any insured or others to test for, monitor, clean up, remove, contain, treat, detoxify or neutralize, or in any way respond to, or assess the effects of pollutants. c. The loss in value to any insured building or other structure due to the requirements of any ordinance or law. d. The loss in residual value of the undamaged portion of a building demolished as a consequence of enforcement of any State or local floodplain management law or ordinance. e. Any Increased Cost of Compliance under this Coverage D: (1) Until the building is elevated, floodproofed, demolished, or relocated on the same or to another premises; and (2) Unless the building is elevated, floodproofed, demolished, or relocated as soon as reasonably possible after the loss, not to exceed 2 years. f. Any code upgrade requirements, e.g., plumbing or electrical wiring, not specifically related to the State or local floodplain management law or ordinance. g. Any compliance activities needed to bring additions or improvements made after the loss occurred into compliance with State or local floodplain management laws or ordinances. h. Loss due to any ordinance or law that you were required to comply with before the current loss. i. Any rebuilding activity to standards that do not meet the NFIP's minimum requirements. This includes any situation where the insured has received from the State or community a variance in connection with the current flood loss to rebuild the property to an elevation below the base flood elevation. j. Increased Cost of Compliance for a garage or carport. k. Any structure insured under an NFIP Group Flood Insurance Policy. l. Assessments made by a condominium association on individual condominium unit owners to pay increased costs of repairing commonly owned buildings after a flood in compliance with State or local floodplain management ordinances or laws. 6. Other Provisions a. Increased Cost of Compliance coverage will not be included in the calculation to determine whether coverage meets the coinsurance Page 7 of 19 POL 49 May 1, 2008 requirement for replacement cost coverage under b. All other conditions and provisions of the policy VIII. General Conditions, V. Loss Settlement. apply. IV. PROPERTY NOT COVERED We do not cover any of the following property: 1. Personal property not inside the fully enclosed building; 2. A building, and personal property in it, located entirely in, on, or over water or seaward of mean high tide, if constructed or substantially improved after September 30, 1982; 3. Open structures, including a building used as a boathouse or any structure or building into which boats are floated, and personal property located in, on, or over water; 4. Recreational vehicles other than travel trailers described in II.B.6.c., whether affixed to a permanent foundation or on wheels; 5. Self-propelled vehicles or machines, including their parts and equipment. However, we do cover self- propelled vehicles or machines not licensed for use on public roads that are: a. Used mainly to service the described location, or b. Designed and used to assist handicapped persons, while the vehicles or machines are inside a building at the described location; 6. Land, land values, lawns, trees, shrubs, plants, growing crops, or animals; 7. Accounts, bills, coins, currency, deeds, evidences of debt, medals, money, scrip, stored value cards, postage stamps, securities, bullion, manuscripts, or other valuable papers; 8. Underground structures and equipment, including wells, septic tanks, and septic systems; 9. Those portions of walks, walkways, decks, driveways, patios, and other surfaces, all whether protected by a roof or not, located outside the perimeter, exterior walls of the insured building; 10. Containers, including related equipment, such as, but not limited to, tanks containing gases or liquids; 11. Buildings and all their contents if more than 49 percent of the actual cash value of the building is below ground, unless the lowest level is at or above the base flood elevation and is below ground by reason of earth having been used as insulation material in conjunction with energy efficient building techniques; 12. Fences, retaining walls, seawalls, bulkheads, wharves, piers, bridges, and docks; 13. Aircraft or watercraft, or their furnishings and equipment; 14. Hot tubs and spas that are not bathroom fixtures, and swimming pools, and their equipment such as, but not limited to, heaters, filters, pumps, and pipes, wherever located; 15. Property not eligible for flood insurance pursuant to the provisions of the Coastal Barrier Resources Act and the Coastal Barrier Improvement Act of 1990 and amendments to these acts; 16. Personal property used in connection with any incidental commercial occupancy or use of the building. V. EXCLUSIONS A. We only pay for direct physical loss by or from 3. Loss of use of the insured property or described flood, which means that we do not pay you for: location; 1. Loss of revenue or profits; 4. Loss from interruption of business or production; 2. Loss of access to the insured property or described 5. Any additional living expenses incurred while the location; insured building is being repaired or is unable to be occupied for any reason; Page 8 of 19 POL 50 May 1, 2008 6. The cost of complying with any ordinance or law requiring or regulating the construction, demolition, remodeling, renovation, or repair of property, including removal of any resulting debris. This exclusion does not apply to any eligible activities that we describe in Coverage D - Increased Cost of Compliance; or 7. Any other economic loss. B. We do not insure a loss directly or indirectly caused by a flood that is already in progress at the time and date: 1. The policy term begins; or 2. Coverage is added at your request. C. We do not insure for loss to property caused directly by earth movement even if the earth movement is caused by flood. Some examples of earth movement that we do not cover are: 1. Earthquake; 2. Landslide; 3. Land subsidence; 4. Sinkholes; 5. Destabilization or movement of land that results from accumulation of water in subsurface land areas; or 6. Gradual erosion. We do, however, pay for losses from mudflow and land subsidence as a result of erosion that are specifically covered under our definition of flood (see II.A.1.c. and II.A.2.). D. We do not insure for direct physical loss caused directly or indirectly by: 1. The pressure or weight of ice; 2. Freezing or thawing; 3. Rain, snow, sleet, hail, or water spray; 4. Water, moisture, mildew, or mold damage that results primarily from any condition: a. Substantially confined to the insured building; or b. That is within your control including, but not limited to: (1) Design, structural, or mechanical defects; (2) Failure, stoppage, or breakage of water or sewer lines, drains, pumps, fixtures, or equipment; or (3) Failure to inspect and maintain the property after a flood recedes; 5. Water or waterborne material that: a. Backs up through sewers or drains; b. Discharges or overflows from a sump, sump pump, or related equipment; or c. Seeps or leaks on or through insured property; unless there is a flood in the area and the flood is the proximate cause of the sewer or drain backup, sump pump discharge or overflow, or the seepage of water; 6. The pressure or weight of water unless there is a flood in the area and the flood is the proximate cause of the damage from the pressure or weight of water; 7. Power, heating, or cooling failure unless the failure results from direct physical loss by or from flood to power, heating, or cooling equipment situated on the described location; 8. Theft, fire, explosion, wind, or windstorm; 9. Anything you or your agents do or conspire to do to cause loss by flood deliberately; or 10. Alteration of the insured property that significantly increases the risk of flooding. E. We do not insure for loss to any building or personal property located on land leased from the Federal Government, arising from or incident to the flooding of the land by the Federal Government, where the lease expressly holds the Federal Government harmless under flood insurance issued under any Federal Government program. F. We do not pay for the testing for or monitoring of pollutants unless required by law or ordinance. VI. DEDUCTIBLES A. When a loss is covered under this policy, we will pay only that part of the loss that exceeds the applicable deductible amount, subject to the limit of insurance that applies. The deductible amount is shown on the Declarations Page. POL 51 However, when a building under construction, alteration, or repair does not have at least two rigid exterior walls and a fully secured roof at the time of loss, your deductible amount will be two times the deductible that would otherwise apply to a completed building. Page 9 of 19 May 1, 2008 B. In each loss from flood, separate deductibles apply to C. No deductible applies to: the building and personal property insured by this policy. 1. III.C.2. Loss Avoidance Measures; or 2. III.D. Increased Cost of Compliance. VII. COINSURANCE A. This Coinsurance section applies only to coverage on the building. B. We will impose a penalty on loss payment unless the amount of insurance applicable to the damaged building is: 1. At least 80 percent of its replacement cost; or 2. The maximum amount of insurance available for that building under the NFIP, whichever is less. C. If the actual amount of insurance on the building is less than the required amount in accordance with the terms of VII.B. above, then loss payment is determined as follows (subject to all other relevant conditions in this policy, including those pertaining to valuation, adjustment, settlement, and payment of loss): 1. Divide the actual amount of insurance carried on the building by the required amount of insurance. 2. Multiply the amount of loss, before application of the deductible, by the figure determined in C.1. above. 3. Subtract the deductible from the figure determined in C.2. above. We will pay the amount determined in C.3. above, or the amount of insurance carried, whichever is less. The amount of insurance carried, if in excess of the applicable maximum amount of insurance available under the NFIP, is reduced accordingly. Examples Example #1 (Inadequate Insurance) Replacement value of the building $250,000 Required amount of insurance $200,000 (80% of replacement value of $250,000) Actual amount of insurance carried $180,000 Amount of the loss $150,000 Deductible $500 Step 1: 180,000 ÷ 200,000 = .90 (90% of what should be carried) Step 2: 150,000 X .90 = 135,000 Step 3: 135,000 - 500 = 134,500 We will pay no more than $134,500. The remaining $15,500 is not covered due to the coinsurance penalty ($15,000) and application of the deductible ($500). Example #2 (Adequate Insurance) Replacement value of the building $500,000 Required amount of insurance $400,000 (80% of replacement value of $500,000) Actual amount of insurance carried $400,000 Amount of the loss $200,000 Deductible $500 In this example there is no coinsurance penalty, because the actual amount of insurance carried meets the required amount. We will pay no more than $199,500 ($200,000 amount of loss minus the $500 deductible). D. In calculating the full replacement cost of a building: 1. The replacement cost value of any covered building property will be included; 2. The replacement cost value of any building property not covered under this policy will not be included; and 3. Only the replacement cost value of improvements installed by the condominium association will be included. Page 10 of 19 POL 52 May 1, 2008 VIII. GENERAL CONDITIONS A. Pairs and Sets In case of loss to an article that is part of a pair or set, we will have the option of paying you: 1. An amount equal to the cost of replacing the lost, damaged, or destroyed article, less depreciation; or 2. An amount that represents the fair proportion of the total value of the pair or set that the lost, damaged, or destroyed article bears to the pair or set. B. Concealment or Fraud and Policy Voidance 1. With respect to all insureds under this policy, this policy: a. Is void; b. Has no legal force or effect; c. Cannot be renewed; and d. Cannot be replaced by a new NFIP policy; if, before or after a loss, you or any other insured or your agent have at any time: (1) Intentionally concealed or misrepresented any material fact or circumstance; (2) Engaged in fraudulent conduct; or (3) Made false statements; relating to this policy or any other NFIP insurance. 2. This policy will be void as of the date the wrongful acts described in B.1. above were committed. 3. Fines, civil penalties, and imprisonment under applicable Federal laws may also apply to the acts of fraud or concealment described above. 4. This policy is also void for reasons other than fraud, misrepresentation, or wrongful act. This policy is void from its inception and has no legal force under the following conditions: a. If the property is located in a community that was not participating in the NFIP on the policy's inception date and did not join or reenter the program during the policy term and before the loss occurred; or b. If the property listed on the application is otherwise not eligible for coverage under the NFIP. C. Other Insurance 1. If a loss covered by this policy is also covered by other insurance that includes flood coverage not issued under the Act, we will not pay more than the amount of insurance that you are entitled to for lost, damaged, or destroyed property insured under this policy subject to the following: a. We will pay only the proportion of the loss that the amount of insurance that applies under this policy bears to the total amount of insurance covering the loss, unless C.1.b. or c. immediately below applies. b. If the other policy has a provision stating it is excess insurance, this policy will be primary. c. This policy will be primary (but subject to its own deductible) up to the deductible in the other flood policy (except another policy as described in C.1.b. above). When the other deductible amount is reached, this policy will participate in the same proportion that the amount of insurance under this policy bears to the total amount of both policies, for the remainder of the loss. 2. If there is a flood insurance policy in the name of a unit owner that covers the same loss as this policy, then this policy will be primary. D. Amendments, Waivers, Assignment This policy cannot be changed nor can any of its provisions be waived without the express written consent of the Federal Insurance Administrator. No action that we take under the terms of this policy constitutes a waiver of any of our rights. You may assign this policy in writing when you transfer title of your property to someone else, except under these conditions: 1. When this policy covers only personal property; or 2. When this policy covers a structure during the course of construction. E. Cancellation of Policy by You 1. You may cancel this policy in accordance with the applicable rules and regulations of the NFIP. 2. If you cancel this policy, you may be entitled to a full or partial refund of premium also under the applicable rules and regulations of the NFIP. Page 11 of 19 POL 53 May 1, 2008 F. Nonrenewal of the Policy by Us Your policy will not be renewed: 1. If the community where your covered property is located stops participating in the NFIP; or 2. If your building has been declared ineligible under Section 1316 of the Act. G. Reduction and Reformation of Coverage 1. If the premium we received from you was not enough to buy the kind and amount of coverage you requested, we will provide only the amount of coverage that can be purchased for the premium payment we received. 2. The policy can be reformed to increase the amount of coverage resulting from the reduction described in G.1. above to the amount you requested as follows: a. Discovery of insufficient premium or incomplete rating information before a loss. (1) If we discover before you have a flood loss that your premium payment was not enough to buy the requested amount of coverage, we will send you and any mortgagee or trustee known to us a bill for the required additional premium for the current policy term (or that portion of the current policy term following any endorsement changing the amount of coverage). If you or the mortgagee or trustee pay the additional premium within 30 days from the date of our bill, we will reform the policy to increase the amount of coverage to the originally requested amount effective to the beginning of the current policy term (or subsequent date of any endorsement changing the amount of coverage). (2) If we determine before you have a flood loss that the rating information we have is incomplete and prevents us from calculating the additional premium, we will ask you to send the required information. You must submit the information within 60 days of our request. Once we determine the amount of additional premium for the current policy term, we will follow the procedure in G.2.a.(1) above. (3) If we do not receive the additional premium (or additional information) by the date it is due, the amount of coverage can only be increased by endorsement subject to any appropriate waiting period. b. Discovery of insufficient premium or incomplete rating information after a loss. (1) If we discover after you have a flood loss that your premium payment was not enough to buy the requested amount of coverage, we will send you and any mortgagee or trustee known to us a bill for the required additional premium for the current and the prior policy terms. If you or the mortgagee or trustee pay the additional premium within 30 days from the date of our bill, we will reform the policy to increase the amount of coverage to the originally requested amount effective to the beginning of the prior policy term. (2) If we discover after you have a flood loss that the rating information we have is incomplete and prevents us from calculating the additional premium, we will ask you to send the required information. You must submit the information before your claim can be paid. Once we determine the amount of additional premium for the current and prior policy terms, we will follow the procedure in G.2.b.(1) above. (3) If we do not receive the additional premium by the date it is due, your flood insurance claim will be settled based on the reduced amount of coverage. The amount of coverage can only be increased by endorsement subject to any appropriate waiting period. 3. However, if we find that you or your agent intentionally did not tell us, or falsified, any important fact or circumstance or did anything fraudulent relating to this insurance, the provisions of Condition B. Concealment or Fraud and Policy Voidance apply. H. Policy Renewal 1. This policy will expire at 12:01 a.m. on the last day of the policy term. 2. We must receive the payment of the appropriate renewal premium within 30 days of the expiration date. 3. If we find, however, that we did not place your renewal notice into the U.S. Postal Service, or if we did mail it, we made a mistake, e.g., we used an incorrect, incomplete, or illegible address, which delayed its delivery to you before the due date for the renewal premium, then we will follow these procedures: a. If you or your agent notified us, not later than 1 year after the date on which the payment of the renewal premium was due, of nonreceipt of a renewal notice before the due date for the renewal premium, and we determine that the circumstances in the preceding paragraph apply, we will mail a second bill providing a revised due Page 12 of 19 POL 54 May 1, 2008 date, which will be 30 days after the date on which the bill is mailed. b. If we do not receive the premium requested in the second bill by the revised due date, then we will not renew the policy. In that case, the policy will remain an expired policy as of the expiration date shown on the Declarations Page. 4. In connection with the renewal of this policy, we may ask you during the policy term to recertify, on a Recertification Questionnaire that we will provide you, the rating information used to rate your most recent application for or renewal of insurance. I. Conditions Suspending or Restricting Insurance We are not liable for loss that occurs while there is a hazard that is increased by any means within your control or knowledge. J. Requirements in Case of Loss In case of a flood loss to insured property, you must: 1. Give prompt written notice to us; 2. As soon as reasonably possible, separate the damaged and undamaged property, putting it in the best possible order so that we may examine it; 3. Prepare an inventory of damaged personal property showing the quantity, description, actual cash value, and amount of loss. Attach all bills, receipts, and related documents; 4. Within 60 days after the loss, send us a proof of loss, which is your statement of the amount you are claiming under the policy signed and sworn to by you, and which furnishes us with the following information: a. The date and time of loss; b. A brief explanation of how the loss happened; c. Your interest (for example, "owner") and the interest, if any, of others in the damaged property; d. Details of any other insurance that may cover the loss; e. Changes in title or occupancy of the insured property during the term of the policy; f. Specifications of damaged insured buildings and detailed repair estimates; g. Names of mortgagees or anyone else having a lien, charge, or claim against the insured property; h. Details about who occupied any insured building at the time of loss and for what purpose; and i. The inventory of damaged personal property described in J.3. above. 5. In completing the proof of loss, you must use your own judgment concerning the amount of loss and justify that amount. 6. You must cooperate with the adjuster or representative in the investigation of the claim. 7. The insurance adjuster whom we hire to investigate your claim may furnish you with a proof of loss form, and she or he may help you complete it. However, this is a matter of courtesy only, and you must still send us a proof of loss within 60 days after the loss even if the adjuster does not furnish the form or help you complete it. 8. We have not authorized the adjuster to approve or disapprove claims or to tell you whether we will approve your claim. 9. At our option, we may accept the adjuster's report of the loss instead of your proof of loss. The adjuster's report will include information about your loss and the damages you sustained. You must sign the adjuster's report. At our option, we may require you to swear to the report. K. Our Options After a Loss Options that we may, in our sole discretion, exercise after loss include the following: 1. At such reasonable times and places that we may designate, you must: a. Show us or our representative the damaged property; b. Submit to examination under oath, while not in the presence of another insured, and sign the same; and c. Permit us to examine and make extracts and copies of: (1) Any policies of property insurance insuring you against loss and the deed establishing your ownership of the insured real property; (2) Condominium association documents including the Declarations of the condominium, its Articles of Association or Incorporation, Bylaws, and rules and regulations; and (3) All books of accounts, bills, invoices and other vouchers, or certified copies pertaining Page 13 of 19 POL 55 May 1, 2008 to the damaged property if the originals are lost. 2. We may request, in writing, that you furnish us with a complete inventory of the lost, damaged, or destroyed property, including: a. Quantities and costs; b. Actual cash values or replacement cost (whichever is appropriate); c. Amounts of loss claimed; d. Any written plans and specifications for repair of the damaged property that you can reasonably make available to us; and e. Evidence that prior flood damage has been repaired. 3. If we give you written notice within 30 days after we receive your signed, sworn proof of loss, we may: a. Repair, rebuild, or replace any part of the lost, damaged, or destroyed property with material or property of like kind and quality or its functional equivalent; and b. Take all or any part of the damaged property at the value we agree upon or its appraised value. L. No Benefit to Bailee No person or organization, other than you, having custody of covered property will benefit from this insurance. M. Loss Payment 1. We will adjust all losses with you. We will pay you unless some other person or entity is named in the policy or is legally entitled to receive payment. Loss will be payable 60 days after we receive your proof of loss (or within 90 days after the insurance adjuster files an adjuster's report signed and sworn to by you in lieu of a proof of loss) and: a. We reach an agreement with you; b. There is an entry of a final judgment; or c. There is a filing of an appraisal award with us, as provided in VIII.P. 2. If we reject your proof of loss in whole or in part you may: a. Accept such denial of your claim; b. Exercise your rights under this policy; or c. File an amended proof of loss, as long as it is filed within 60 days of the date of the loss. N. Abandonment You may not abandon damaged or undamaged insured property to us. O. Salvage We may permit you to keep damaged insured property after a loss, and we will reduce the amount of the loss proceeds payable to you under the policy by the value of the salvage. P. Appraisal If you and we fail to agree on the actual cash value or, if applicable, replacement cost of the damaged property so as to determine the amount of loss, then either may demand an appraisal of the loss. In this event, you and we will each choose a competent and impartial appraiser within 20 days after receiving a written request from the other. The two appraisers will choose an umpire. If they cannot agree upon an umpire within 15 days, you or we may request that the choice be made by a judge of a court of record in the State where the insured property is located. The appraisers will separately state the actual cash value, the replacement cost, and the amount of loss to each item. If the appraisers submit a written report of an agreement to us, the amount agreed upon will be the amount of loss. If they fail to agree, they will submit their differences to the umpire. A decision agreed to by any two will set the amount of actual cash value and loss, or if it applies, the replacement cost and loss. Each party will: 1. Pay its own appraiser; and 2. Bear the other expenses of the appraisal and umpire equally. Q. Mortgage Clause The word "mortgagee" includes trustee. Any loss payable under Coverage A - Building will be paid to any mortgagee of whom we have actual notice as well as any other mortgagee or loss payee determined to exist at the time of loss, and you, as interests appear. If more than one mortgagee is named, the order of payment will be the same as the order of precedence of the mortgages. If we deny your claim, that denial will not apply to a valid claim of the mortgagee, if the mortgagee: 1. Notifies us of any change in the ownership or occupancy, or substantial change in risk of which the mortgagee is aware; Page 14 of 19 POL 56 May 1, 2008 2. Pays any premium due under this policy on demand if you have neglected to pay the premium; and 3. Submits a signed, sworn proof of loss within 60 days after receiving notice from us of your failure to do so. All of the terms of this policy apply to the mortgagee. The mortgagee has the right to receive loss payment even if the mortgagee has started foreclosure or similar action on the building. If we decide to cancel or not renew this policy, it will continue in effect for the benefit of the mortgagee only for 30 days after we notify the mortgagee of the cancellation or nonrenewal. If we pay the mortgagee for any loss and deny payment to you, we are subrogated to all the rights of the mortgagee granted under the mortgage on the property. Subrogation will not impair the right of the mortgagee to recover the full amount of the mortgagee's claim. R. Suit Against Us You may not sue us to recover money under this policy unless you have complied with all the requirements of the policy. If you do sue, you must start the suit within 1 year after the date of the written denial of all or part of the claim, and you must file the suit in the United States District Court of the district in which the insured property was located at the time of loss. This requirement applies to any claim that you may have under this policy and to any dispute that you may have arising out of the handling of any claim under the policy. S. Subrogation Whenever we make a payment for a loss under this policy, we are subrogated to your right to recover for that loss from any other person. That means that your right to recover for a loss that was partly or totally caused by someone else is automatically transferred to us, to the extent that we have paid you for the loss. We may require you to acknowledge this transfer in writing. After the loss, you may not give up our right to recover this money or do anything that would prevent us from recovering it. If you make any claim against any person who caused your loss and recover any money, you must pay us back first before you may keep any of that money. T. Continuous Lake Flooding 1. If your insured building has been flooded by rising lake waters continuously for 90 days or more and it appears reasonably certain that a continuation of this flooding will result in a covered loss to the insured building equal to or greater than the building policy limits plus the deductible or the maximum payable under the policy for any one building loss, we will pay you the lesser of these two amounts without waiting for the further damage to occur if you sign a release agreeing: a. To make no further claim under this policy; b. Not to seek renewal of this policy; c. Not to apply for any flood insurance under the Act for property at the described location; and d. Not to seek a premium refund for current or prior terms. If the policy term ends before the insured building has been flooded continuously for 90 days, the provisions of this paragraph T.1. will apply when the insured building suffers a covered loss before the policy term ends. 2. If your insured building is subject to continuous lake flooding from a closed basin lake, you may elect to file a claim under either paragraph T.1. above or this paragraph T.2. (A "closed basin lake" is a natural lake from which water leaves primarily through evaporation and whose surface area now exceeds or has exceeded one square mile at any time in the recorded past. Most of the nation's closed basin lakes are in the western half of the United States, where annual evaporation exceeds annual precipitation and where lake levels and surface areas are subject to considerable fluctuation due to wide variations in the climate. These lakes may overtop their basins on rare occasions.) Under this paragraph T.2. we will pay your claim as if the building is a total loss even though it has not been continuously inundated for 90 days, subject to the following conditions: a. Lake flood waters must damage or imminently threaten to damage your building. b. Before approval of your claim, you must: (1) Agree to a claim payment that reflects your buying back the salvage on a negotiated basis; and (2) Grant the conservation easement described in FEMA's "Policy Guidance for Closed Basin Lakes," to be recorded in the office of the local recorder of deeds. FEMA, in consultation with the community in which the property is located, will identify on a map an area or areas of special consideration (ASC) in which there is a potential for flood damage from continuous lake flooding. FEMA will give the community the agreed-upon map showing the ASC. This easement will only apply to that portion of the property in the ASC. It will allow certain agricultural and recreational uses of the land. The only structures that it will allow on any portion of the property within the ASC are certain simple agricultural and recreational structures. If any of these allowable structures are insurable buildings under the NFIP and are insured under the Page 15 of 19 POL 57 May 1, 2008 NFIP, they will not be eligible for the benefits of this paragraph T.2. If a U.S. Army Corps of Engineers certified flood control project or otherwise certified flood control project later protects the property, FEMA will, upon request, amend the ASC to remove areas protected by those projects. The restrictions of the easement will then no longer apply to any portion of the property removed from the ASC; and (3) Comply with paragraphs T.1.a. through T.1.d. above. c. Within 90 days of approval of your claim, you must move your building to a new location outside the ASC. FEMA will give you an additional 30 days to move if you show that there is sufficient reason to extend the time. d. Before the final payment of your claim, you must acquire an elevation certificate and a floodplain development permit from the local floodplain administrator for the new location of your building. e. Before the approval of your claim, the community having jurisdiction over your building must: (1) Adopt a permanent land use ordinance, or a temporary moratorium for a period not to exceed 6 months to be followed immediately by a permanent land use ordinance, that is consistent with the provisions specified for the easement required in paragraph T.2.b. above; (2) Agree to declare and report any violations of this ordinance to FEMA so that under Section 1316 of the National Flood Insurance Act of 1968, as amended, flood insurance to the building can be denied; and (3) Agree to maintain as deed-restricted, for purposes compatible with open space or agricultural or recreational use only, any affected property the community acquires an interest in. These deed restrictions must be consistent with the provisions of T.2.b. above, except that, even if a certified project protects the property, the land use restrictions continue to apply if the property was acquired under the Hazard Mitigation Grant Program or the Flood Mitigation Assistance Program. If a nonprofit land trust organization receives the property as a donation, that organization must maintain the property as deed-restricted, consistent with the provisions of paragraph T.2.b. above. f. Before the approval of your claim, the affected State must take all action set forth in FEMA's "Policy Guidance for Closed Basin Lakes." g. You must have NFIP flood insurance coverage continuously in effect from a date established by FEMA until you file a claim under this paragraph T.2. If a subsequent owner buys NFIP insurance that goes into effect within 60 days of the date of transfer of title, any gap in coverage during that 60-day period will not be a violation of this continuous coverage requirement. For the purpose of honoring a claim under this paragraph T.2., we will not consider to be in effect any increased coverage that became effective after the date established by FEMA. The exception to this is any increased coverage in the amount suggested by your insurer as an inflation adjustment. h. This paragraph T.2. will be in effect for a community when the FEMA Regional Director for the affected region provides to the community, in writing, the following: (1) Confirmation that the community and the State are in compliance with the conditions in paragraphs T.2.e. and T.2.f. above; and (2) The date by which you must have flood insurance in effect. U. Duplicate Policies Not Allowed 1. We will not insure your property under more than one NFIP policy. If we find that the duplication was not knowingly created, we will give you written notice. The notice will advise you that you may choose one of several options under the following procedures: a. If you choose to keep in effect the policy with the earlier effective date, you may also choose to add the coverage limits of the later policy to the limits of the earlier policy. The change will become effective as of the effective date of the later policy. b. If you choose to keep in effect the policy with the later effective date, you may also choose to add the coverage limits of the earlier policy to the limits of the later policy. The change will be effective as of the effective date of the later policy. In either case, you must pay the pro rata premium for the increased coverage limits within 30 days of the written notice. In no event will the resulting coverage limits exceed the permissible limits of coverage under the Act or your insurable interest, whichever is less. We will pay a refund to you, according to applicable NFIP rules, of the premium for the policy not being kept in effect. 2. Your option under this Condition U. Duplicate Policies Not Allowed to elect which NFIP policy to keep in effect does not apply when duplicates have been knowingly created. Losses occurring under such Page 16 of 19 POL 58 May 1, 2008 circumstances will be adjusted according to the terms and conditions of the earlier policy. The policy with the later effective date will be canceled. V. Loss Settlement 1. Introduction This policy provides three methods of settling losses: Replacement Cost, Special Loss Settlement, and Actual Cash Value. Each method is used for a different type of property, as explained in a.-c. below. a. Replacement Cost loss settlement, described in V.2. below, applies to buildings other than manufactured homes or travel trailers. b. Special loss settlement, described in V.3. below, applies to a residential condominium building that is a travel trailer or a manufactured home. c. Actual Cash Value loss settlement applies to all other property covered under this policy, as outlined in V.4. below. 2. Replacement Cost Loss Settlement a. We will pay to repair or replace a damaged or destroyed building, after application of the deductible and without deduction for depreciation, but not more than the least of the following amounts: (1) The amount of insurance in this policy that applies to the building; (2) The replacement cost of that part of the building damaged, with materials of like kind and quality, and for like occupancy and use; or (3) The necessary amount actually spent to repair or replace the damaged part of the building for like occupancy and use. b. We will not be liable for any loss on a Replacement Cost Coverage basis unless and until actual repair or replacement of the damaged building or parts thereof is completed. c. If a building is rebuilt at a location other than the described location, we will pay no more than it would have cost to repair or rebuild at the described location, subject to all other terms of Replacement Cost loss settlement. 3. Special Loss Settlement a. The following loss settlement conditions apply to a residential condominium building that is: (1) A manufactured home or a travel trailer, as defined in II.B.6.b. and c.; and (2) At least 16 feet wide when fully assembled and has an area of at least 600 square feet within its perimeter walls when fully assembled. b. If such a building is totally destroyed or damaged to such an extent that, in our judgment, it is not economically feasible to repair, at least to its predamage condition, we will, at our discretion, pay the least of the following amounts: (1) The lesser of the replacement cost of the manufactured home or travel trailer or 1.5 times the actual cash value; or (2) The building limit of liability shown on your Declarations Page. c. If such a manufactured home or travel trailer is partially damaged and, in our judgment, it is economically feasible to repair it to its predamage condition, we will settle the loss according to the Replacement Cost loss settlement conditions in V.2. above. 4. Actual Cash Value Loss Settlement a. The types of property noted below are subject to Actual Cash Value loss settlement. (1) Personal property; (2) Insured property abandoned after a loss and that remains as debris at the described location; (3) Outside antennas and aerials, awnings, and other outdoor equipment; (4) Carpeting and pads; (5) Appliances; and (6) A manufactured or mobile home or a travel trailer as defined in II.B.6.b. or c. that does not meet the condition for Special Loss Settlement in V.3. above. b. We will pay the least of the following amounts: (1) The applicable amount of insurance under this policy; (2) The actual cash value (as defined in II.B.2.); or (3) The amount it would cost to repair or replace the property with material of like kind and quality within a reasonable time after the loss. Page 17 of 19 POL 59 May 1, 2008 IX. LIBERALIZATION CLAUSE If we make a change that broadens your coverage under change, provided that this implementation date falls within this edition of our policy, but does not require any 60 days before, or during, the policy term stated on the additional premium, then that change will automatically Declarations Page. apply to your insurance as of the date we implement the X. WHAT LAW GOVERNS This policy and all disputes arising from the handling of National Flood Insurance Act of 1968, as amended (42 any claim under the policy are governed exclusively by U.S.C. 4001, et seq.), and Federal common law. the flood insurance regulations issued by FEMA, the IN WITNESS WHEREOF, we have signed this policy below and hereby enter into this Insurance Agreement. David I. Maurstad Federal Insurance Administrator National Flood Insurance Program Page 18 of 19 POL 60 May 1, 2008 CLAIM GUIDELINES IN CASE OF A FLOOD For the protection of you and your family, the following claim guidelines are provided by the National Flood Insurance Program (NFIP). If you are ever in doubt as to what action is needed, consult your insurance representative or call the NFIP toll-free at 1-800-638-6620 or on the TDD line at 1-800-447-9487. Know your insurance representative's name and telephone number. List them here for fast reference: Insurance Representative ________________________________ Representative's Phone Number______________________________ • Notify us or your insurance representative, in writing, as soon as possible after the flood. • If you report to your insurance representative, remind him or her to assign the claim to an NFIP- approved claims adjuster. The NFIP pays for the services of the independent claims adjuster assigned to your claim. • Determine the independent claims adjuster assigned to your claim and contact him or her if you have not been contacted within 24 hours after you reported the claim to your insurance representative. • As soon as possible, separate damaged property from undamaged property so that damage can be inspected and evaluated. • Discuss with the claims adjuster any need you may have for an advance or partial payment for your loss. • To help the claims adjuster, try to take photographs of the outside of the premises showing the flooding and the damage and photographs of the inside of the premises showing the height of the water and the damaged property. • Place all account books, financial records, receipts, and other loss verification material in a safe place for examination and evaluation by the claims adjuster. • Work cooperatively and promptly with the claims adjuster to determine and document all claim items. Be prepared to advise the claims adjuster of the cause and responsible party(ies), if the flooding resulted from other than natural cause. • Make sure that the claims adjuster fully explains, and that you fully understand, all allowances and procedures for processing claim payments on the basis of your proof of loss. This policy requires you to send us detailed proof of loss within 60 days after the loss. • Any and all coverage problems and claim allowance restrictions must be communicated directly from the NFIP. Claims adjusters are not authorized to approve or deny claims; their job is to report to the NFIP on the elements of flood cause and damage. At our option, we may accept an adjuster's report of the loss instead of your proof of loss. The adjuster's report will include information about your loss and the damages to your insured property. You must sign the adjuster's report. At our option, we may require you to swear to the report. F-144 (10/04) Page 19 of 19 POL 61 May 1, 2008 FLOOD MAPS I. OVERVIEW The Federal Emergency Management Agency (FEMA) provides all participating communities with copies of their flood maps. The maps are generally kept in community planning or building permit departments where they should be available for review. Additional information about flood maps can be obtained at the FEMA Map Service Center web site (http://msc.fema.gov). A. Types of Flood Maps FEMA produces two types of maps for rating flood insurance. For detailed information, refer to "Answers to Questions About the National Flood Insurance Program" (MitDiv-2) and "Guide to Flood Maps" (FEMA–258). 1. Flood Hazard Boundary Map (FHBM)- Initial flood hazard identification generally used for Emergency Program communities. 2. Flood Insurance Rate Map (FIRM)- Generally used for Regular Program communities. Some Regular Program communities may use a map originally published as an FHBM; however, a letter will accompany the map in conjunction with conversion to the Regular Program stating that the map is to be considered a FIRM. Countywide FIRMs are official sources of flood risk data for several communities that supersede all previous versions of the FEMA flood hazard maps for the communities covered. Countywide FIRMs show flooding information for the entire geographic area of a county including the incorporated communities within the county. B. Map Information The date of the current effective map version for a community can be obtained by calling the appropriate community official or by calling the National Flood Insurance Program office on the toll-free number. Maps provide community name, community number, suffix, panel number, map type, and the map effective date. 1. The maps may have one panel or multiple panels. Most Z-fold maps have multiple panels. Flat maps generally consist of only one panel. 2. For multiple panel maps, individual panels are identified on a community map index. 3. Panel numbers are listed for that community's map in numerical sequence. FHBMs and FIRMs are drawn to show: • Community boundaries • Special Flood Hazard Areas (SFHAs) • Area not included in a community's map. A community may be physically located within the overall geographical area, but actually stand on its own as a separate community. Therefore, this community would be shown on a separate map. 4. Each panel has a panel number and community number. When there is only one panel (i.e., a flat map), the community number will consist of only six digits. Example: Monterey County, CA . . . 060195-1025. The first two digits of the number identify the state, and the next four digits identify the community. The last four digits identify the map panel. 5. Most FIRMs also show: • Rate Zones • Base Flood Elevations, and/or • Base Flood Depths C. Communities Without a Map These are communities without formally identified SFHAs that chose to have flood insurance coverage available even though the local flooding problems are too small to map. For any such community in the Regular Program, all areas within that community are treated as Zone C or X. MAP 1 May 1, 2008 II. MAP ZONES A. Special Flood Hazard Areas (SFHAs) 1. Zone A The lowest floor elevation is required and the Base Flood Elevations (BFEs) are not provided. 2. Zones A1-A30 The lowest floor elevation is required and the BFEs are provided. 3. Zone AE Used in place of A1-A30 on some maps. 4. Zone AH Shallow water depths (ponding) and/or unpredictable flow paths between 1 and 3 feet occur. BFEs are provided. 5. Zone AO Shallow water paths (sheet flow) and/or unpredictable flow paths between 1 and 3 feet occur. BFEs are not provided. Base flood depths may be provided. 6. Zone A99 Enough progress has been made on a protective system such as dikes, dams, and levees to consider it complete for insurance rating purposes. BFEs are not provided. For the purpose of determining Community Rating System premium discounts, all AR and A99 zones are treated as non-SFHAs. 7. Zone AR Area that results from the decertification of a previously accredited flood protection system that is determined to be in the process of being restored to provide base flood protection. For the purpose of determining Community Rating System premium discounts, all AR and A99 zones are treated as non-SFHAs. 8. Zones AR/AE, AR/AH, AR/AO, AR/A1-A30, AR/A Dual flood zones that, because of flooding from other water sources that the flood protection system does not contain, will continue to be subject to flooding after the flood protection system is adequately restored. For the purpose of determining Community Rating System premium discounts, all AR and A99 zones are treated as non-SFHAs. 9. Zone V An area that is inundated by tidal floods with velocity (coastal high hazard area). BFEs are not provided. 10. Zones V1-V30 Identical to V Zone, but BFEs are provided. 11. Zone VE Used in place of V1-V30 on some maps. 12. Zone VO An area having shallow water depths and/or unpredictable flow paths between 1 and 3 feet with velocity. B. Moderate, Minimal Hazard Areas 1. Zones B, C, X Areas of moderate or minimal hazard subject to flooding from severe storm activity or local drainage problems. These zones may be lightly shaded or unshaded on the FIRM. Zone X is the designation for B and C Zones and is used in place of these zones on some maps. 2. Zone D An area where the flood hazard is undetermined and which usually is very sparsely populated. The designation of Zone D can also be used for rating when one community incorporates portions of another community's area where no map has been prepared. III. LOCATING A SPECIFIC PROPERTY ON A MAP • Check the map index to identify the correct map panel. • Directly locate the property by the address or other information. It may help to compare the FHBM or FIRM to a more detailed map, such as an assessor's map or community street map. • Note the map color where the property is located. On FHBMs and FIRMs, areas darkly shaded are the SFHAs. On an FHBM, no other zone data may be given. On a FIRM, the zones are also given an MAP 2 May 1, 2008 alpha designation. All the area within the boundaries indicated for a zone carries that one zone designation. • Base Flood Elevations in SFHA zones (A1A30 [or AE], AH, V1-V30 [or VE]) are shown within wavy lines. In some SFHA zones, where the BFE does not vary within the entire zone, the BFE is indicated in parentheses. If required by terrain, a BFE for the property may be interpolated using the closest BFE indicators. In this case, it is important to document the finding. IV. CHANGING OR CORRECTING A FLOOD MAP There are three procedures: A. Letter of Map Amendment (LOMA) If the applicant/insured believes that the requirement to purchase flood insurance was made in error and there is evidence that the building is not in the Special Flood Hazard Area (SFHA) on the effective Flood Insurance Rate Map (FIRM), the applicant/insured may apply for a Letter of Map Amendment (LOMA). A LOMA is a determination made by the Federal Emergency Management Agency (FEMA) for property and/or building as to whether it is located within the SFHA. LOMA determinations are based on the following: • Comparing the location of the property to the SFHA. • Comparing the elevation of the property to the 1-percent-annual-chance flood elevation. If, after plotting the location on the FIRM, the FEMA examiner finds that the property and/or building is not shown in the SFHA, then the Determination will be "Out As Shown," rather than "Removed." The FEMA Out-As-Shown Determination will state that the property or building is correctly shown outside the SFHA and, therefore, the mandatory flood insurance requirement does not apply. An Out-As-Shown Determination does not require elevations. The minimum requirements to make an Out-As-Shown Determination are as follows: • A photocopy of the FIRM panel (including the title block) that shows the area in which the property is located. • Section A of the MT-EZ form, which is found in the MT-EZ application package and can be obtained from the FEMA web site at www.fema.gov/plan/prevent/fhm/dl_mt ez.shtm, or by calling the toll-free number listed below. • A copy of the subdivision Plat Map of the area, showing the recordation data (i.e., Book/Volume and Page numbers) and containing the recorder's seal. OR • A copy of the deed for the property, showing the recordation information (i.e., Book/ Volume and Page numbers) and containing the recorder's seal, accompanied by a tax assessor's or other suitable map showing the surveyed location of the property and at least two street intersections that are also shown on FEMA's FIRM. In some cases, additional information may be required to make a determination. Questions about LOMAs may be directed to the FEMA Map Assistance Center toll-free information line at 1-877-FEMA-MAP (1-877336-2627). B. Letter of Map Revision (LOMR) A LOMR is an official revision to the currently effective FEMA map. It is used to change flood zones, floodplain and floodway delineations, flood elevations, and planimetric features. All requests for LOMRs must be made to FEMA through the chief executive officer of the community, since it is the community that must adopt any changes and revisions to the map. A LOMR is usually followed by a physical map revision. C. Physical Map Revision A physical map revision is an official republication of a map to effect changes to flood insurance zones, floodplain delineations, flood elevations, floodways, and planimetric features. The community's chief executive officer can submit scientific and technical data to FEMA to support the request for a map revision. The data will be analyzed, and the map will be revised if warranted. NOTE: To verify past rating determinations and to establish floodplain management compliance requirements, old maps should be retained. MAP 3 May 1, 2008 V. ORDERING FLOOD MAPS Flood maps and related products may be ordered by writing to the FEMA Map Service Center (MSC) at P.O. Box 1038, Jessup, MD 20794-1038. Orders also may be placed by calling the MSC's toll-free number, 1-800-3589616, from 8:00 a.m. to 8:00 p.m., Monday through Friday. Information about flood maps and other products also is available at the Map Service Center web site (http://msc.fema.gov). Visitors to the site now can download and print free “FIRMettes”—userselected portions of official FEMA Flood Insurance Rate Maps. Regular visitors may set up accounts to order and pay for fee-based products online. The MSC distributes Flood Hazard Boundary Maps (FHBMs), Flood Insurance Rate Maps (FIRMs), and Flood Insurance Studies (FIS) in hardcopy format. Digital flood data, known as Q3, are available on CD ROM for approximately 900 counties nationwide. The Q3 data require GIS software for use. Call the MSC at 1-800358-9616 for Q3 information for specific areas. A. Ordering Instructions Z-fold maps may be ordered by community number and panel number. Flat map orders require a 6-digit community number. When ordering maps, be sure to identify specific map panels needed. B. Prices There is a $3.00 charge for each map panel, including index maps, plus shipping. Q3 data are $50 per CD-ROM. Federal, state, and local governments are exempt from the fees for hardcopy maps. However, they must pay for Q3 CD-ROMs. A chart showing MSC products, services, and fees is provided on pages MAP 5-6. Orders must be prepaid, and all sales are final. Overpayments of less than $3 are not refunded. The MSC accepts VISA, MasterCard, American Express, Discover, and Diners Club; deposit accounts (see C., following); and checks. Credit card and deposit account orders can be faxed to 1-800-358-9620. Checks should be made payable to "NFIP" and mailed to the address above. C. Map Revisions To automatically receive map revisions, an account must be set up by either check or credit card. Accounts are established with a check of $100 minimum. The check should be sent to the MSC at the address above, along with a list of the required map areas. As the revised maps become available, they will be sent automatically, and appropriate fees will be deducted from the deposit account. Revised map information also may be obtained from the Flood Map Status Information Service (FMSIS) or the Community Status Book. For more information, call MSC at 1-800-358-9616. MAP 4 May 1, 2008 MSC Products, Services, and Fees http://msc.fema.gov MAP 5 May 1, 2008 MAP 6 May 1, 2008 MAP 7 May 1, 2008 MAP 8 May 1, 2008 PROVISIONAL RATING I. GENERAL DESCRIPTION Provisional rating is available to enable the placement of coverage prior to receipt of the Elevation Certificate. It is expected that an Elevation Certificate will be secured and standard rating completed within 60 days of the policy effective date. Failure to obtain the Elevation Certificate could result in reduced coverage limits at the time of a loss. A sample rate questionnaire and a sample notice to the policyholders informing them of their obligations under a provisionally rated policy are included in this section. Provisional rates may be used in writing new business whether or not the 30-day waiting period is applicable. Provisionally rated policies are subject to CRS Premium Discount, Probation Surcharge, and optional deductible factors, as applicable. The Federal Policy Fee and ICC Premium also apply to provisionally rated policies. II. ELIGIBILITY REQUIREMENTS Provisional rating is available only for newly insured risks meeting the following criteria: • Post-FIRM • 1-4 family residential buildings • Property located in either - Zones AE, A1-A30, or - Zone A where the community provides estimated Base Flood Elevations (BFEs). Manufactured (mobile) homes are not eligible. Policies written with provisional rates cannot be renewed or rewritten with provisional rates. In addition, an insured who has purchased a provisionally rated policy on a given property may not purchase another provisionally rated policy on that same property. III. REFORMATION While provisionally rated policies may remain in effect for up to 1 year, standard rating must be accomplished prior to any claim payment, should there be a loss. A. Limitations A provisionally rated policy has limited reformation rights. 1. Prior to any loss, a policy may be reformed back to the effective date upon receipt of the Elevation Certificate and the appropriate actuarial rating. If the additional premium that results because of a reformation of the policy is not received from the insured, the coverage will be reduced. 2. If receipt is within 60 days of the effective date, the policy may be reformed back to the effective date even if a loss occurred before receipt. 3. After a loss, reformation is not permitted. A policy must be rated with an Elevation Certificate prior to any claim payment. Coverage will be limited to the amount that would have been purchased using actuarial rating with the amount of premium already submitted. The amount of coverage may not exceed the amount originally requested. B. Endorsement Procedure The provisionally rated policy may not be endorsed to increase coverage until the policy has been reformed to a standard rated policy. At that time, all standard endorsement rules apply (e.g., 30-day wait). In order to reform the rating method of a provisionally rated policy, the agent should submit a General Change Endorsement form along with the necessary documentation. The reason for change should be listed as "reforming from provisional to standard rating." Any additional premium due should be calculated and submitted at that time. C. Endorsement Alternative Prior to any loss, in the case where the actuarial premium is higher than the provisional premium, an insured may elect to pay the premium due for the remainder of the policy term. In that case, the coverage will be restored to the originally requested amounts after a 30-day waiting period. IV. NOTIFICATION REQUIREMENTS When a policy is issued using provisional rating, along with the declaration pages, a notice will be provided to the insured, the agent, and the lender (if applicable), that explains the nature of the coverage, the limited reformation rights, and the expectation that actuarial rating will be accomplished. PR 1 May 1, 2008 V. COMPLETING THE PROVISIONAL RATING QUESTIONNAIRE A. General Directions The Provisional Rating Questionnaire, shown on page PR 3, is for Post-FIRM properties in Zones A with estimated BFE, A1-30, and AE where there is no Elevation Certificate at the point of sale. Eligibility is restricted to 1-4 family buildings. The form must be completed and attached to the Flood Insurance Application form. The following are instructions for completing the questionnaire. 1. Enter the name, property address, city, state, and ZIP Code. 2. Enter the policy number, if known. 3. Enter the policy effective date and policy expiration date (month-day-year). The effective date of the policy is determined by adding the appropriate waiting period to the date of application listed in the Flood Insurance Application. 4. For questions 1-4 on the Provisional Rating Questionnaire, start with question 1 and proceed until a question is answered affirmatively. That will indicate the foundation type that is to be used in selecting the rate from the table below. 5. To complete the Flood Insurance Application, attach the questionnaire and use the rates in the table indicated by the answers to the questions 1-4. Then complete the premium calculation section on the Flood Insurance Application. Note that optional deductibles, ICC Premium, CRS Premium Discount, Probation Surcharge, and Federal Policy Fee affect the Total Prepaid Amount calculation for provisional rates. B. Guidance for Determining Building Elevated on Fill It is often difficult to recognize when a building has been elevated on fill. The following questions are provided to help in correctly determining this for the questionnaire. 1. Is the building built on a mound of earth? An indication could be that the land slopes significantly down away from the building in the front and rear, or the driveway slopes significantly down towards the street. 2. Is the front door threshold at least 3 feet above the crown of the street? 3. Do steps up from the street to the house result in at least a 3-foot rise? 4. Is the lower floor of the house at least 2 feet above the floor of the garage? If the answer is "yes" to one of the above, then there is reasonable confidence that the building is built on fill. PR 2 May 1, 2008 NATIONAL FLOOD INSURANCE PROGRAM PROVISIONAL RATING QUESTIONNAIRE 1-4 Family Post-FIRM Zones A1, A1-A30, AE (To be attached to the Flood Insurance Application) NAME POLICY NUMBER _____________________ PROPERTY ADDRESS Policy Period is from to ________ Answer the questions below. Use the rates associated with the first "yes" response. These rates are to be used on the Flood Insurance Application. Yes No . .. 1. Is there a basement? . .. 2. Is the house built on fill2 or with a crawl space? . .. 3. Is the house elevated on pilings, piers, or columns? If yes, determine if there is an enclosed area underneath the building. . .. 4. Were the answers to the previous three questions all no? Then the house is assumed to be slab on natural grade. FOUNDATION TYPE BUILDING TYPE* CONTENTS LOCATIONOne Floor No Basement More Than One Floor (Basement or No Basement) Basement and Above Lowest Floor Only - Above Ground Level (Not in Basement) Lowest Floor Above Ground Level and Higher (Not in Basement) Above3 Ground Level - More Than One Full Floor Basement 1.23/.66 1.29/.13 .96/.13 .68/.13 .35/.12 Fill or Crawl Space .88/.34 .88/.34 1.49/.62 .95/.45 .35/.12 Piles, Piers, or Columns With Enclosure No Enclosure .88/.08 .53/.08 .88/.08 .46/.08 1.40/.14 1.04/.14 1.09/.13 .73/.13 .35/.12 .35/.12 On Grade 3.58/2.15 3.58/2.15 6.77/4.07 6.77/4.07 .35/.12 * Add $6 ICC Premium and $50.00 Probation Surcharge, if applicable, for all provisionally rated policies. 1 Provisional Rates are restricted to Unnumbered A Zones where communities provide estimated BFEs. 2 For information on how to determine if a house is built on fill, see the guidelines on PR 2. 3 The “Above Ground Level - More Than One Full Floor'' rates are applicable to 2-4 family structures only. PR 3 May 1, 2008 VI. PROVISIONAL RATING EXAMPLE REGULAR PROGRAM, POST-FIRM CONSTRUCTION Data Essential To Determine Appropriate Rates and Premium: • Regular Program • Flood Zone: A with estimated BFE, AE, or A1-A30 • Occupancy: Single Family Dwelling • # of Floors: 3 Floors • Basement/Enclosure: Basement • Deductible: $3,000/$2,000 • Deductible Factor: .850 • Contents Location: Basement and Above • Date of Construction: Post-FIRM • Elevation Difference: N/A • Flood Proofed Yes/No: No • Building Coverage: $250,000 • Contents Coverage: $100,000 • ICC Premium: $6 • CRS Rating: N/A • CRS Discount: N/A • Probation Surcharge: $50 Determined Rates: Building: 1.23/.66 Contents: 1.29/.13 COVERAGE BASIC LIMITS ADDITIONAL LIMITS (REGULAR PROGRAM ONLY) DEDUCTIBLE BASIC AND ADDITIONAL TOTAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM AMOUNT OF INSURANCE RATE ANNUAL PREMIUM PREM. REDUCTION/ INCREASE TOTAL AMOUNT OF INSURANCE BUILDING 50,000 1.23 615 200,000 .66 1,320 290 250,000 1,645 CONTENTS 20,000 1.29 258 80,000 .13 104 54 100,000 308 RATE TYPE: (ONE BUILDING PER POLICY.BLANKET COVERAGE NOT PERMITTED) .. MANUAL .. SUBMIT FOR RATING .. ALTERNATIVE .. V-ZONE RISK RATING FORM .. MORTGAGE PORTFOLIO PROTECTION PROGRAM .. PROVISIONAL RATING PAYMENTOPTION: .. CREDIT CARD .. OTHER: ANNUAL SUBTOTAL 1,953 ICC PREMIUM 6 SUBTOTAL 1,959 CRS PREMIUM DISCOUNT % . SUBTOTAL 1,959 THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE. I UNDERSTAND PROBATION SURCHARGE 50 THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER FEDERAL POLICY FEE 35 APPLICABLE FEDERAL LAW. SIGNATURE OF INSURANCE AGENT/BROKER DATE (MM/DD/YY) TOTAL PREPAID AMOUNT 2,044 Premium Calculation: 1. Multiply Rate x $100 of Coverage: Building: $1,935 / Contents: $362 2. Apply Deductible Factor: Building: .850 x $1,935 = $1,645 / Contents: .850 x $362 = $308 3. Premium Reduction: Building: $290 / Contents: $54 4. Subtotal: $1,953 5. Add ICC Premium: $6 6. Subtract CRS Discount: N/A 7. Subtotal: $1,959 8. Probation Surcharge: $50 9. Add Federal Policy Fee: $35 10. Total Prepaid Amount: $2,044 PR 4 May 1, 2008 SAMPLE NOTICE TO ACCOMPANY PROVISIONALLY RATED POLICIES At the request of you and your agent, the enclosed Standard Flood Insurance Policy has been issued using provisional rates because an Elevation Certificate was not available at the time of application. An Elevation Certificate is necessary to determine a premium that accurately reflects the flood risk (i.e., actuarial rates). By accepting this provisionally rated policy, you agree to submit an Elevation Certificate within 60 days of your policy becoming effective. Your agent can assist you in obtaining a certificate. Failure to comply with this requirement may result in lower coverage limits than those shown on the enclosed declarations page and may affect other aspects of your coverage. This policy is issued for a 1-year term and cannot be renewed using provisional rates. It is likely that after you submit a valid Elevation Certificate, the resulting actuarial premium will be determined to be lower than the provisional premium. In that case, you will receive a refund of the difference for the policy term. If the actuarial premium is determined to be higher, the following rules apply: (1) If within 60 days of the policy effective date, we receive from you a valid Elevation Certificate with any additional premium due as a result of using actuarial rates, the coverage limits on the enclosed declarations page will be in force from the effective date. Those coverage limits will apply even to a loss occurring before we receive the Elevation Certificate and additional premium. Actuarial rating will be completed before the loss payment is made. (2) If we receive from you a valid Elevation Certificate and any additional premium due as a result of using actuarial rates more than 60 days after the policy effective date but before a loss occurs, you have two options. You may submit the additional premium for the entire policy term, in which case the coverage limits on the enclosed declarations page will be in force from the effective date. Alternatively, you may submit the additional premium, computed for the remainder of the policy term with a 30-day waiting period. In this latter case, the originally requested coverage limits will only apply to any loss occurring after the waiting period. Reduced coverage limits as described in number (3) below will apply to any loss occurring within the waiting period. (3) If neither (1) nor (2) above applies, actuarial rates must be determined before any loss payment will be made. If the actuarial premium is more than the provisional premium, the coverage limits will be less than those shown on the enclosed declarations page. In that case, the loss payment will be subject to the reduced coverage limits, which will be the coverage limits that the provisional premium would buy using the actuarial rates. If you want to increase your reduced coverage limits, a 30-day waiting period will apply to the additional coverage. If you have any questions, please contact your insurance agent for assistance. PR 5 May 1, 2008 COASTAL BARRIER RESOURCES SYSTEM The Coastal Barrier Resources Act (Pub. L. 97348) and the Coastal Barrier Improvement Act of 1990 (Pub. L. 101-591) are federal laws that were enacted on October 18, 1982, and November 16, 1990, respectively. The legislation was implemented as part of a Department of the Interior (DOI) initiative to minimize loss of human life by discouraging development in high-risk areas, reduce wasteful expenditures of federal resources, and preserve the ecological integrity of areas Congress designates as a Coastal Barrier Resources System (CBRS) and Otherwise Protected Areas (OPAs). The laws provide this protection by prohibiting all federal expenditures or financial assistance, including flood insurance, for residential or commercial development in areas so identified. The 1990 Act amends the 1982 Act by adding and deleting CBRS areas and by adding OPAs. As a result, revisions are made to the Flood Insurance Rate Maps (FIRMs) for the affected communities. Both of the laws provided 1-year grace periods for the NFIP to comply with the statutory requirements; October 1, 1983, for the 1982 Act and November 16, 1991, for the 1990 Act. The 1-year grace period for the 1990 Act applies only to the OPAs. New CBRS areas established by the 1990 Act have no grace period. To determine if a building is eligible for flood insurance coverage, the producer should consult the list of communities where coastal barriers and/or OPAs have been identified. The list is included in this section. The community's map should always be reviewed to determine if the property to be insured is located in a designated CBRS area or an OPA. A listing of map panels that have CBRS areas is available for review on the FEMA website at www.fema.gov/business/nfip/cbrs/cbrs.shtm. The website page is for information and notification purposes only. The website does not determine flood insurance eligibility or status in relation to a CBRS or an OPA; it merely indicates whether a particular Flood Insurance Rate Map (FIRM) panel contains a portion of the CBRS or an OPA. Further study of the FIRM and property location and/or the building’s date of construction in relation to the CBRS designation date is necessary to determine whether a specific property is eligible for flood insurance. Buildings may be eligible for flood insurance even if they are located within such areas. Eligibility depends upon which Act identified that community as having such areas. Eligibility under the 1982 Act for a building in a CBRS area requires that: • A legally valid building permit for the construction of the building was issued prior to October 1, 1983; and • The building was built (walled and roofed) prior to October 1, 1983; and • The building was not substantially improved or substantially damaged on or after October 1, 1983. Eligibility under the 1990 Act for a building in a CBRS area or OPA requires that: • For CBRS areas: - A legally valid building permit for the construction of the building was issued prior to November 16, 1990; and - The actual start of construction of the building was prior to November 16, 1990; and - The building was not substantially improved or substantially damaged on or after November 16, 1990. • For OPAs: - A legally valid building permit for the construction of the building was issued prior to November 16, 1991; and - A building in an OPA was built (walled and roofed) no later than November 16, 1991; and - The building was not substantially improved or substantially damaged after November 16, 1991. OR - The building is used in a manner consistent with the purpose for which the area is protected, regardless of the date of construction. Eligibility under other CBRS amendments is based on the preceding rules applied to the date the insurance prohibition became effective. CBRS 1 May 1, 2008 When an application for flood insurance is submitted for buildings located in CBRS and/or OPA communities, the following types of documentation must be submitted as evidence of eligibility by the producer writing through the NFIP Direct: • For buildings built on or after the date the insurance prohibition became effective, a legible copy of the current map panel indicating that the building is not in a CBRS area or OPA. • For buildings in CBRS areas and OPAs - A legally valid building permit, or if the building permit was lost or destroyed, a written statement to this effect signed by the community official responsible for the building permits will be accepted in lieu of the building permit; and - A statement by a responsible community official that: 1. The walls and roof of the building were in place (1982 Act) or the start of construction took place (1990 Act), before the date the insurance prohibition became effective, and 2. The building was not substantially improved or substantially damaged on or after the date the insurance prohibition became effective. - Other forms of acceptable documentation include: 1. First mortgage financing records 2. Property tax records 3. Electrical permit records 4. On-site septic or sewer system records 5. State Coastal Zone Management Agency records 6. State Wetlands Program permit records • For structures in OPAs only - Certification from the governmental body overseeing the area indicating that a building in an OPA is used in a manner consistent with the purpose for which the area is protected may be submitted in lieu of the above documentation. If a producer writing through the NFIP Direct is uncertain whether a building is located in a CBRS area or an OPA, the following procedure should be used: • Do not collect the premium. • Mark the Application “Possible CBRS.” • Attach a legible copy of the map panel showing the community number, map suffix, and FIRM date. Mark the risk’s location on the FIRM. • Attach a copy of a plat survey or tax map. • Provide a copy of a county or municipal street map that shows the area surrounding the property location and has the risk’s location clearly marked. Also provide, if available, an aerial photograph that shows the property in question, a metes and bounds description of the location, and/or the latitude and longitude of the property. • Provide a statement explaining the mechanism used to identify whether the property is located inside or outside the CBRS/OPA (e.g., contacted community’s Tax Office). • Mail all documentation listed above and a readable photocopy of the Application to the NFIP Servicing Agent, P.O. Box 29138, Shawnee Mission, KS 66201-9138. An agent writing through a Write Your Own Company should contact that company for guidance. CBRS 2 May 1, 2008 COASTAL BARRIER RESOURCES SYSTEM LIST OF COMMUNITIES COMMUNITY NAME STATE COMMUNITY NUMBER COASTAL BARRIER AREA(S) OTHERWISE PROTECTED AREA(S) Baldwin County (Uninc. Areas) AL 015000 Y Y Dauphin Island (Town) AL 010418 Y Y Gulf Shores (Town) AL 015005 N Y Mobile County (Uninc. Areas) AL 015008 Y Y Orange Beach (City) AL 015011 N Y Branford (Town) CT 090073 Y N Bridgeport (City) CT 090002 Y Y Clinton (Town) CT 090061 Y Y East Lyme (Town) CT 090096 Y N Fenwick (Borough) CT 090187 Y N Groton (City) CT 090126 Y N Groton (Town) CT 090097 Y Y Groton Long Point Association CT 090167 Y N Madison (Town) CT 090079 Y N Milford (City) CT 090082 Y Y New Haven (City) CT 090084 N Y New London (City) CT 090100 Y N Norwalk (City) CT 090012 Y Y Old Lyme (Town) CT 090103 Y N Old Saybrook (Town) CT 090069 Y N Stonington (Borough) CT 090193 Y N Stonington (Town) CT 090106 Y N Stratford (Town) CT 090016 N Y Waterford (Town) CT 090107 Y N West Haven (City) CT 090092 N Y Westbrook (Town) CT 090070 Y N Westport (Town) CT 090019 Y Y Kent County (Uninc. Areas) DE 100001 Y Y Lewes (City) DE 100041 N Y Little Creek (Town) DE 100015 N Y Rehoboth Beach (City) DE 105086 Y Y Slaughter Beach (Town) DE 100050 Y Y Sussex County (Uninc. Areas) DE 100029 Y Y Bay County (Uninc. Areas) FL 120004 N Y Bradenton Beach (City) FL 125091 N Y Brevard County (Uninc. Areas) FL 125092 N Y Cedar Key (City) FL 120373 N Y Charlotte County (Uninc. Areas) FL 120061 N Y Clearwater (City) FL 125096 N Y Collier County (Uninc. Areas) FL 120067 N Y Dania Beach (City) FL 120034 N Y Destin (City) FL 125158 N Y Dixie County (Uninc. Areas) FL 120336 N Y Dunedin (City) FL 125103 N Y CBRS 3 May 1, 2008 COASTAL BARRIER RESOURCES SYSTEM LIST OF COMMUNITIES COMMUNITY NAME STATE COMMUNITY NUMBER COASTAL BARRIER AREA(S) OTHERWISE PROTECTED AREA(S) Escambia County (Uninc. Areas) FL 120080 Y Y Fernandina Beach (City) FL 120172 N Y Flagler County (Uninc. Areas) FL 120085 N Y Fort Lauderdale (City) FL 125105 N Y Fort Pierce (City) FL 120286 N Y Franklin County (Uninc. Areas) FL 120088 Y Y Gulf Breeze (City) FL 120275 Y Y Gulf County (Uninc. Areas) FL 120098 Y Y Hillsborough County (Uninc. Areas) FL 120112 Y Y Hollywood (City) FL 125113 N Y Indian River County (Uninc. Areas) FL 120119 N Y Islamorada (Village) FL 120424 Y Y Islandia (City) FL 120647 Y Y Jacksonville (City) FL 120077 N Y Jupiter (Town) FL 125119 N Y Jupiter Island (Town) FL 120162 Y Y Key Biscayne (Village) FL 120648 N Y Layton (City) FL 120169 N Y Lee County (Uninc. Areas) FL 125124 Y Y Levy County (Uninc. Areas) FL 120145 N Y Longboat Key (Town) FL 125126 N Y Malabar (Town) FL 120024 N Y Manatee County (Uninc. Areas) FL 120153 Y Y Marathon (City) FL 120681 Y N Martin County (Uninc. Areas) FL 120161 Y Y Miami (City) FL 120650 N Y Miami-Dade County (Uninc. Areas) FL 120635 Y Y Monroe County (Uninc. Areas) FL 125129 Y Y Naples (City) FL 125130 N Y Nassau County (Uninc. Areas) FL 120170 N Y New Smyrna Beach (City) FL 125132 N Y North Palm Beach (Village) FL 120217 N Y Oak Hill (City) FL 120624 N Y Okaloosa County (Uninc. Areas) FL 120173 N Y Orchid (Town) FL 120122 N Y Palm Bay (City) FL 120404 N Y Palm Beach County (Uninc. Areas) FL 120192 N Y Pasco County (Uninc. Areas) FL 120230 N Y Pensacola Beach-SRIA FL 125138 Y Y Pinellas County (Uninc. Areas) FL 125139 N Y Ponce Inlet (Town) FL 120312 N Y Port St. Joe (City) FL 120099 N Y Port St. Lucie (City) FL 120287 N Y Riviera Beach (City) FL 125142 N Y Sanibel (City) FL 120402 N Y CBRS 4 May 1, 2008 COASTAL BARRIER RESOURCES SYSTEM LIST OF COMMUNITIES COMMUNITY NAME STATE COMMUNITY NUMBER COASTAL BARRIER AREA(S) OTHERWISE PROTECTED AREA(S) Santa Rosa County (Uninc. Areas) FL 120274 Y Y Sarasota (City) FL 125150 N Y Sarasota County (Uninc. Areas) FL 125144 N Y Sewall's Point (Town) FL 120164 N Y St. Augustine (City) FL 125145 N Y St. Augustine Beach (City) FL 125146 N Y St. Johns County (Uninc. Areas) FL 125147 N Y St. Lucie County (Uninc. Areas) FL 120285 Y Y St. Petersburg (City) FL 125148 N Y Titusville (City) FL 125152 N Y Venice (City) FL 125154 N Y Volusia County (Uninc. Areas) FL 125155 N Y Wakulla County (Uninc. Areas) FL 120315 N Y Walton County (Uninc. Areas) FL 120317 Y Y Bryan County (Uninc. Areas) GA 130016 N Y Camden County (Uninc. Areas) GA 130262 Y Y Chatham County (Uninc. Areas) GA 130030 Y Y Glynn County (Uninc. Areas) GA 130092 Y Y Jekyll Island State Park Authority GA 130201 N Y Liberty County (Uninc. Areas) GA 130123 N Y McIntosh County (Uninc. Areas) GA 130130 N Y Cameron Parish (Uninc. Areas) LA 225194 Y Y Grand Isle (Town) LA 225197 Y Y Iberia Parish (Uninc. Areas) LA 220078 N Y Jefferson Parish (Uninc. Areas) LA 225199 Y Y La Fourche Parish (Unincorp.) LA 225202 Y N Plaquemines Parish (Unincorp.) LA 220139 Y Y St. Bernard Parish (Unincorp.) LA 225204 Y Y St. Mary Parish (Uninc. Areas) LA 220192 Y N Terrebonne Parish (Unincorp.) LA 225206 Y N Vermilion Parish (Unincorp.) LA 220221 Y Y Aquinnah (Town) MA 250070 Y Y Barnstable (Town) MA 250001 Y Y Beverly (City) MA 250077 Y N Boston (City) MA 250286 Y Y Bourne (Town) MA 255210 Y N Brewster (Town) MA 250003 Y N Chatham (Town) MA 250004 Y Y Chilmark (Town) MA 250068 Y Y Cohasset (Town) MA 250236 Y N Dartmouth (Town) MA 250051 Y Y Dennis (Town) MA 250005 Y Y Duxbury (Town) MA 250263 Y N Eastham (Town) MA 250006 Y Y Edgartown (Town) MA 250069 Y Y CBRS 5 May 1, 2008 COASTAL BARRIER RESOURCES SYSTEM LIST OF COMMUNITIES COMMUNITY NAME STATE COMMUNITY NUMBER COASTAL BARRIER AREA(S) OTHERWISE PROTECTED AREA(S) Essex (Town) MA 250080 Y N Fairhaven (Town) MA 250054 Y N Falmouth (Town) MA 255211 Y N Gloucester (City) MA 250082 Y N Gosnold (Town) MA 250071 Y Y Hull (Town) MA 250269 Y N Ipswich (Town) MA 250086 Y Y Kingston (Town) MA 250270 Y N Manchester (Town) MA 250090 Y N Marion (Town) MA 255213 Y N Marshfield (Town) MA 250273 Y N Mashpee (Town) MA 250009 Y Y Mattapoisett (Town) MA 255214 Y N Nantucket (Town) MA 250230 Y N Newbury (Town) MA 250096 N Y Oak Bluffs (Town) MA 250072 Y Y Orleans (Town) MA 250010 Y Y Plymouth (Town) MA 250278 Y N Provincetown (Town) MA 255218 N Y Quincy (City) MA 255219 N Y Rockport (Town) MA 250100 Y N Rowley (Town) MA 250101 N Y Salisbury (Town) MA 250103 N Y Sandwich (Town) MA 250012 Y Y Scituate (Town) MA 250282 Y N Swampscott (Town) MA 250105 Y N Swansea (Town) MA 255221 Y N Tisbury (Town) MA 250073 Y N Truro (Town) MA 255222 Y Y Wareham (Town) MA 255223 Y N Wellfleet (Town) MA 250014 N Y West Tisbury (Town) MA 250074 Y N Westport (Town) MA 255224 Y Y Winthrop (Town) MA 250289 N Y Yarmouth (Town) MA 250015 Y Y Calvert County (Uninc. Areas) MD 240011 Y Y Crisfield (City) MD 240062 N Y Dorchester County (Uninc. Areas) MD 240026 Y Y Kent County (Uninc. Areas) MD 240045 Y Y Queen Annes County (Uninc. Areas) MD 240054 Y N Somerset County (Uninc. Areas) MD 240061 Y Y St. Marys County (Unin. Areas) MD 240064 Y Y Talbot County (Uninc. Areas) MD 240066 Y N Wicomico County (Uninc. Areas) MD 240078 Y N CBRS 6 May 1, 2008 COASTAL BARRIER RESOURCES SYSTEM LIST OF COMMUNITIES COMMUNITY NAME STATE COMMUNITY NUMBER COASTAL BARRIER AREA(S) OTHERWISE PROTECTED AREA(S) Worcester County (Uninc. Areas) MD 240083 N Y Andrews Island ME 230967 Y N Cape Elizabeth (Town) ME 230043 Y Y Cranberry Isles (Town) ME 230278 Y N Cumberland (Town) ME 230162 Y N Cutler (Town) ME 230310 Y Y Georgetown (Town) ME 230209 N Y Harpswell (Town) ME 230169 Y N Harrington (Town) ME 230314 Y N Islesboro (Town) ME 230256 Y N Jonesport (Town) ME 230138 Y N Kennebunk (Town) ME 230151 Y N Kittery (Town) ME 230171 Y N Lubec (Town) ME 230139 Y N Machiasport (Town) ME 230141 Y N Milbridge (Town) ME 230142 N Y Ogunquit (Town) ME 230632 N Y Perry (Town) ME 230319 Y N Phippsburg (Town) ME 230120 Y Y Portland (City) ME 230051 Y N Roque Bluffs (Town) ME 230322 Y Y Scarborough (Town) ME 230052 Y N Steuben (Town) ME 230323 Y Y Wells (Town) ME 230158 Y Y York (Town) ME 230159 Y N Alpena (City) MI 260010 Y N Alpena (Township) MI 260011 Y N Arcadia (Township) MI 260306 Y N Bay De Noc (Township) MI 260685 Y N Blaine (Township) MI 260027 Y N Brownstown (Charter Township) MI 260218 Y N Cedarville (Township) MI 260659 Y N Clark (Township) MI 260759 Y N Detour (Township) MI 260775 Y N Drummond Island (Township) MI 260803 Y N Ensign (Township) MI 260752 Y N Frenchtown (Charter Township) MI 260146 Y N Garfield (Township) MI 260766 Y N Hendricks (Township) MI 260806 Y N Houghton (Township) MI 260799 Y N Hudson (Township) MI 260807 Y N Huron (Township) MI 260415 Y N LaSalle (Township) MI 260148 Y N Luna Pier (City) MI 260150 Y N CBRS 7 May 1, 2008 COASTAL BARRIER RESOURCES SYSTEM LIST OF COMMUNITIES COMMUNITY NAME STATE COMMUNITY NUMBER COASTAL BARRIER AREA(S) OTHERWISE PROTECTED AREA(S) Moran (Township) MI 260443 Y N Onota (Township) MI 260345 Y N Port Austin (Township) MI 260290 Y N Powell (Township) MI 260452 Y N St. Ignace (Township) MI 260444 Y N White River (Township) MI 260299 Y N Whitefish (Township) MI 260321 Y N Whitney (Township) MI 260018 Y N Duluth (City) MN 270421 Y N Gautier (City) MS 280332 Y N Hancock County (Uninc. Areas) MS 285254 Y N Harrison County (Uninc. Areas) MS 285255 Y Y Jackson County (Uninc. Areas) MS 285256 Y Y Ocean Springs (City) MS 285259 Y N Bald Head Island (Village) NC 370442 N Y Brunswick County (Uninc. Areas) NC 370295 Y Y Carolina Beach (Town) NC 375347 Y N Carteret County (Uninc. Areas) NC 370043 N Y Currituck County (Uninc. Areas) NC 370078 Y Y Dare County (Uninc. Areas) NC 375348 Y Y Hyde County (Uninc. Areas) NC 370133 N Y Kill Devil Hills (Town) NC 375353 Y N Kure Beach (Town) NC 370170 N Y Nags Head (Town) NC 375356 Y Y New Hanover County (Uninc. Areas) NC 370168 Y Y North Topsail Beach (Town) NC 370466 Y N Onslow County (Uninc. Areas) NC 370340 Y Y Pender County (Uninc. Areas) NC 370344 Y N Pine Knoll Shores (Town) NC 370267 N Y Sunset Beach (Town) NC 375359 Y N Swansboro (Town) NC 370179 N Y Wilmington (City) NC 370171 Y Y Wrightsville Beach (Town) NC 375361 Y N Aberdeen (Township) NJ 340312 N Y Bass River (Township) NJ 340085 N Y Berkeley (Township) NJ 340369 N Y Brick (Township) NJ 345285 Y Y Brigantine (City) NJ 345286 N Y Cape May City (City) NJ 345288 N Y Dennis (Township) NJ 340552 Y Y Galloway (Township) NJ 340008 N Y Highlands (Borough) NJ 345297 N Y Keyport (Borough) NJ 340304 Y N Lacey (Township) NJ 340376 N Y CBRS 8 May 1, 2008 COASTAL BARRIER RESOURCES SYSTEM LIST OF COMMUNITIES COMMUNITY NAME STATE COMMUNITY NUMBER COASTAL BARRIER AREA(S) OTHERWISE PROTECTED AREA(S) Little Egg Harbor (Township) NJ 340380 N Y Long Beach (Township) NJ 345301 N Y Lower (Township) NJ 340153 N Y Maurice River (Township) NJ 340172 Y Y Middle (Township) NJ 340154 Y Y Middletown (Township) NJ 340313 Y N Monmouth Beach (Borough) NJ 340315 Y N North Wildwood (City) NJ 345308 Y N Ocean City (City) NJ 345310 N Y Old Bridge (Township) NJ 340265 Y N Port Republic (City) NJ 340016 N Y Rumson (Borough) NJ 345316 Y N Sea Bright (Borough) NJ 345317 Y Y Stafford (Township) NJ 340393 Y Y Stone Harbor (Borough) NJ 345323 Y N Union Beach (Borough) NJ 340331 Y N Upper (Township) NJ 340159 N Y West Cape May (Borough) NJ 340160 N Y Asharoken (Village) NY 365333 Y N Babylon (Town) NY 360790 Y Y Bayville (Village) NY 360988 N Y Belle Terre (Village) NY 361532 Y N Brookhaven (Town) NY 365334 Y Y Brownville (Town) NY 361063 Y N Cape Vincent (Town) NY 361062 Y N East Hampton (Town) NY 360794 Y Y East Hampton (Village) NY 360795 Y N Ellisburg (Town) NY 360334 Y N Evans (Town) NY 360240 Y N Freeport (Village) NY 360464 Y N Glen Cove (City) NY 360465 N Y Head of the Harbor (Village) NY 361513 Y N Hempstead (Town) NY 360467 Y Y Henderson (Town) NY 360338 Y N Hounsfield (Town) NY 360340 Y N Huntington (Town) NY 360796 Y Y Huntington Bay (Village) NY 361543 Y N Islip (Township) NY 365337 Y Y Lattingtown (Village) NY 360474 Y Y Lloyd Harbor (Village) NY 360799 Y Y Lyme (Town) NY 360343 Y N New Haven (Town) NY 360655 Y N New York (City) NY 360497 N Y Nissequogue (Village) NY 361510 Y N CBRS 9 May 1, 2008 COASTAL BARRIER RESOURCES SYSTEM LIST OF COMMUNITIES COMMUNITY NAME STATE COMMUNITY NUMBER COASTAL BARRIER AREA(S) OTHERWISE PROTECTED AREA(S) North Haven (Village) NY 360800 Y Y Old Field (Village) NY 361545 Y N Oswego (City) NY 360656 Y N Oswego (Town) NY 360657 Y N Oyster Bay (Town) NY 360483 Y Y Parma (Town) NY 360425 Y N Poquott (Village) NY 361518 Y N Port Jefferson (Village) NY 360804 Y Y Richland (Town) NY 360660 Y N Riverhead (Town) NY 360805 Y Y Sands Point (Village) NY 360492 Y Y Sandy Creek (Town) NY 360661 Y N Scriba (Town) NY 360663 Y N Shelter Island (Town) NY 360809 Y N Smithtown (Town) NY 360810 Y N Sodus (Town) NY 360898 Y N Southampton (Town) NY 365342 Y Y Southampton (Village) NY 365343 Y N Southold (Town) NY 360813 Y Y Sterling (Town) NY 360126 Y N Wolcott (Town) NY 360901 Y N Erie County (Uninc. Areas) OH 390153 Y N Grand River (Village) OH 390315 Y N Kelleys Island (Village) OH 390738 Y N Lake County (Uninc. Areas) OH 390771 Y N Mentor (City) OH 390317 Y N Ottawa County (Uninc. Areas) OH 390432 Y N Puerto Rico (Commonwealth) PR 720000 N Y Barrington (Town) RI 445392 Y N Bristol (Town) RI 445393 Y N Charlestown (Town) RI 445395 Y Y Jamestown (City) RI 445399 Y Y Little Compton (Town) RI 440035 Y Y Middletown (Town) RI 445401 N Y Narragansett (Town) RI 445402 Y Y New Shoreham (Town) RI 440036 Y Y Newport (City) RI 445403 Y Y North Kingstown (Town) RI 445404 Y N Portsmouth (Town) RI 445405 Y Y South Kingstown (Town) RI 445407 Y Y Tiverton (Town) RI 440012 Y N Warren (Town) RI 445408 Y N Warwick (City) RI 445409 Y Y Westerly (Town) RI 445410 Y Y CBRS 10 May 1, 2008 COASTAL BARRIER RESOURCES SYSTEM LIST OF COMMUNITIES COMMUNITY NAME STATE COMMUNITY NUMBER COASTAL BARRIER AREA(S) OTHERWISE PROTECTED AREA(S) Awendaw (Town) SC 450262 N Y Beaufort County (Uninc. Areas) SC 450025 Y Y Briarcliffe Acres (Town) SC 450232 Y N Charleston (City) SC 455412 Y N Charleston County (Uninc. Areas) SC 455413 Y Y Colleton County (Uninc. Areas) SC 450056 Y Y Edisto Beach (Town) SC 455414 N Y Folly Beach (City) SC 455415 Y Y Georgetown County (Uninc. Areas) SC 450085 Y Y Horry County (Uninc. Areas) SC 450104 Y N Jasper County (Uninc. Areas) SC 450112 N Y Kiawah Island (Town) SC 450257 Y N McClellanville (Town) SC 450039 N Y Mount Pleasant (Town) SC 455417 Y N North Myrtle Beach (Town) SC 450110 Y N Pawleys Island (Town) SC 450255 Y N Seabrook Island (Town) SC 450256 Y N Aransas County (Uninc. Areas) TX 485452 Y Y Aransas Pass (City) TX 485453 N Y Brazoria County (Uninc. Areas) TX 485458 Y Y Calhoun County (Uninc. Areas) TX 480097 Y Y Cameron County (Uninc. Areas) TX 480101 Y Y Chambers County (Uninc. Areas) TX 480119 Y N Corpus Christi (City) TX 485464 Y Y Galveston (City) TX 485469 N Y Galveston County (Uninc. Areas) TX 485470 Y Y Jefferson County (Uninc. Areas) TX 480385 Y Y Kenedy County (Uninc. Areas) TX 481230 N Y Kleberg County (Uninc. Areas) TX 480423 Y Y Matagorda County (Uninc. Areas) TX 485489 Y Y Nueces County (Uninc. Areas) TX 485494 N Y Port Aransas (City) TX 485498 N Y Port Arthur (City) TX 485499 Y Y Quintana (Village) TX 481301 Y N South Padre Island (Town) TX 480115 N Y Texas City (City) TX 485514 Y Y Willacy County (Uninc. Areas) TX 480664 Y Y Accomack County (Uninc. Areas) VA 510001 Y Y Gloucester County (Uninc. Areas) VA 510071 Y N Hampton (City) VA 515527 Y Y Lancaster County (Uninc. Areas) VA 510084 Y N Mathews County (Uninc. Areas) VA 510096 Y N Middlesex County (Uninc. Areas) VA 510098 Y N Northampton County (Uninc. Areas) VA 510105 Y Y CBRS 11 May 1, 2008 COASTAL BARRIER RESOURCES SYSTEM LIST OF COMMUNITIES COMMUNITY NAME STATE COMMUNITY NUMBER COASTAL BARRIER AREA(S) OTHERWISE PROTECTED AREA(S) Northumberland County (Uninc. Areas) VA 510107 Y N Poquoson (City) VA 510183 N Y Tangier (Town) VA 510004 Y N Virginia Beach (City) VA 515531 N Y Westmoreland County (Uninc. Areas) VA 510250 Y N Virgin Islands (Territory) VI 780000 Y Y Bayfield County (Uninc. Areas) WI 550539 Y N Brown County (Uninc. Areas) WI 550020 Y N Manitowoc County (Uninc. Areas) WI 550236 Y N Marinette County (Uninc. Areas) WI 550259 Y N CBRS 12 May 1, 2008 COMMUNITY RATING SYSTEM I. GENERAL DESCRIPTION The Community Rating System (CRS) is a voluntary program for NFIP-participating communities. (See CRS community listing on following pages.) The goals of the CRS are to reduce flood losses, to facilitate accurate insurance rating, and to promote the awareness of flood insurance. The CRS has been developed to provide incentives for communities to go beyond the minimum floodplain management requirements to develop extra measures to provide protection from flooding. The incentives are in the form of premium discounts. II. ELIGIBILITY For a community to be eligible, the community must be in full compliance with the NFIP and be in the Regular phase of the program. The following categories are not eligible for CRS premium discounts: • Emergency Program communities • Preferred Risk Policies • Mortgage Portfolio Protection Program policies • Post-FIRM structures located in a Special Flood Hazard Area (SFHA) where the lowest floor elevation used for rating is at least 1 foot or more below the Base Flood Elevation, with the exception of Post-FIRM V-Zone buildings with unfinished breakaway wall enclosures. III. CLASSIFICATIONS AND DISCOUNTS All communities start out with a Class 10 rating (which provides no discount). There are 10 CRS classes: Class 1 requires the most credit points and gives the greatest premium discount; Class 10 identifies a community that does not apply for the CRS, or does not obtain a minimum number of credit points and receives no discount. There are 18 activities recognized as measures for eliminating exposure to floods. Credit points are assigned to each activity. The activities are organized under four main categories: Public Information, Mapping and Regulation, Flood Damage Reduction, and Flood Preparedness. Once a community applies to the appropriate FEMA region for the CRS program and its implementation is verified, FEMA sets the CRS classification based upon the credit points. This classification determines the premium discount for policyholders. Premium discounts ranging from 5 percent to a maximum of 45 percent will be applied to every policy written in a community as recognition of the floodplain management activities instituted. The table below shows premium discounts for CRS Classes 1-10 within different flood zones. IV. CRS ACTIVITIES THAT CAN DIRECTLY BENEFIT INSURANCE AGENTS Certain activities credited under the CRS provide direct benefit to agents writing flood insurance. All CRS communities must maintain completed FEMA elevation and floodproofing certificates for all new and substantially improved construction in the Special Flood Hazard Area after the date of application for CRS classification. These certificates must be available upon request. Therefore, in writing a policy, an agent should be able to get these certificates from any CRS community. In addition, some CRS communities receive credit for having completed certificates for Post-FIRM buildings constructed prior to the CRS application date. If they do receive this credit, then these certificates should also be available to agents writing flood insurance. The community may charge a fee for copying certificates. Many CRS communities receive credit for providing inquirers with information from the community's FIRM. This includes a property's flood risk zone and the Base Flood Elevation. The service must be publicized once a year. If a community is receiving this credit, then agents should be able to use the service. A fee may be charged for the service. CRS PREMIUM DISCOUNTS Class Discount Class Discount 1 2 3 4 5 45% 40% 35% 30% 25% 6 7 8 9 10 20% 15% 10% 5% -- SFHA (Zones A, AE, A1-A30, V, V1-V30, AO, and AH): Discount varies depending on class. SFHA (Zones A99, AR, AR/A, AR/AE, AR/A1-A30, AR/AH, and AR/AO): 10% discount for Classes 1-6; 5% discount for Classes 7-9.* Non-SFHA (Zones B, C, X, D): 10% discount for Classes 1-6; 5% discount for Classes 7-9. *In determining CRS Premium Discounts, all AR and A99 zones are treated as non-SFHAs. CRS 1 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 010146 010071 015000 010116 010418 010176 015005 015006 010123 010153 015007 015011 010189 010002 010070 020005 020012 020003 020069 020113 020094 040013 040014 040131 040080 040040 040094 040095 040012 040019 040061 040020 040028 040044 040045 040067 040037 040048 040058 040066 040051 040073 040098 040090 045012 040130 Alabama Athens, City of Atmore, City of Baldwin County Birmingham, City of Dauphin Island, Town of Decatur, City ofGulf Shores, Town of Homewood, City of Hoover, City of Huntsville, City of Mobile, City of Orange Beach, City of Pell City, City of Prattville, City of Wetumpka, City of Alaska Anchorage, Municipality of Kenai Peninsula, Borough of Ketchikan, Borough of Nome, City of Seward, City of Valdez, City of Arizona Benson, Town of Bisbee, City of Camp Verde, Town of Casa Grande, City of Chandler, City of Chino Valley, Town of Clarkdale, Town ofCochise County Coconino County Dewey-Humboldt, Town of Flagstaff, City of Gila County Gilbert, Town of Glendale, City of Holbrook, City of Maricopa County Mesa, City of Mohave County Navajo County Phoenix, City of Pima County Prescott, City of Santa Cruz County Scottsdale, City of Sedona, City of 10/1/91 05/1/02 10/1/95 10/1/94 04/1/01 10/1/91 10/1/93 10/1/01 10/1/91 10/1/91 10/1/92 10/1/91 10/1/92 10/1/91 10/1/91 10/1/95 04/1/00 10/1/05 10/1/05 10/1/05 10/1/92 10/1/91 10/1/91 10/1/91 10/1/91 10/1/91 10/1/91 10/1/91 10/1/91 10/1/91 10/1/07 10/1/91 10/1/91 10/1/91 10/1/91 10/1/95 10/1/91 10/1/91 10/1/95 10/1/92 10/1/92 10/1/91 10/1/91 10/1/03 10/1/91 10/1/91 10/1/98 05/1/02 05/1/06 10/1/05 04/1/01 10/1/05 10/1/93 10/1/01 10/1/91 05/1/03 10/1/93 10/1/07 10/1/92 05/1/08 10/1/91 10/1/04 04/1/00 10/1/05 10/1/07 10/1/05 10/1/92 10/1/92 10/1/92 10/1/96 10/1/01 05/1/04 10/1/93 10/1/96 10/1/91 10/1/99 10/1/07 10/1/07 10/1/92 10/1/92 10/1/99 10/1/00 05/1/02 04/1/98 10/1/05 05/1/08 10/1/02 05/1/07 10/1/01 05/1/08 10/1/07 10/1/91 10 8 8 6 8 10 9 9 9 7 10 7 9 8 9 7 8 9 8 9 9 10 10 8 8 7 8 8 9 8 8 7 10 8 8 8 5 10 8 8 6 5 8 7 6 9 0 10 10 20 10 0 5 5 5 15 0 15 5 10 5 15 10 5 10 5 5 0 0 10 10 15 10 10 5 10 10 15 0 10 10 10 25 0 10 10 20 25 10 15 20 5 0 5 5 10 5 0 5 5 5 5 0 5 5 5 5 5 5 5 5 5 5 0 0 5 5 5 5 5 5 5 5 5 0 5 5 5 10 0 5 5 10 10 5 5 10 5 R C C C C R C C C C R C C C C C C C C C C R R C C C C C C C C C R C C C C R C C C C C C C C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 2 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 Arizona (continued) 040069 Show Low, City of 10/1/91 10/1/91 9 5 5 C 040054 Tempe, City of 10/1/91 05/1/02 8 10 5 C 040076 Tucson, City of 10/1/91 10/1/07 6 20 10 C 040056 Wickenburg, Town of 10/1/92 10/1/07 10 0 0 R 040031 Winkelman, Town of 10/1/91 10/1/95 10 0 0 R 040093 Yavapai County 10/1/91 10/1/07 7 15 5 C Arkansas 050029 Arkadelphia, City of 10/1/91 10/1/05 8 10 5 C 050192 Benton, City of 10/1/93 10/1/93 9 5 5 C 050419 Benton County 05/1/05 05/1/05 8 10 5 C 050012 Bentonville, City of 10/1/92 10/1/02 8 10 5 C 050140 Blytheville, City of 10/1/95 10/1/95 9 5 5 C 050046 Bono, City of 10/1/92 05/1/02 8 10 5 C 050308 Bryant, City of 10/1/92 10/1/92 9 5 5 C 050433 Garland County 10/1/93 10/1/93 9 5 5 C 050168 Helena, City of 10/1/93 10/1/99 10 0 0 R 050084 Hot Springs, City of 10/1/93 10/1/06 8 10 5 C 050180 Jacksonville, City of 10/1/94 10/1/04 8 10 5 C 050048 Jonesboro, City of 10/1/92 10/1/92 9 5 5 C 050181 Little Rock, City of 10/1/91 10/1/01 8 10 5 C 050088 Malvern, City of 10/1/91 10/1/96 10 0 0 R 050109 Pine Bluff, City of 10/1/94 10/1/95 10 0 0 R 050055 West Memphis, City of 10/1/92 10/1/02 8 10 5 C California 060001 Alameda County 10/1/92 10/1/99 7 15 5 C 060213 Anaheim, City of 10/1/91 05/1/07 8 10 5 C 060714 Clearlake, City of 05/1/03 05/1/03 9 5 5 C 060025 Contra Costa County 10/1/91 04/1/01 6 20 10 C 065023 Corte Madera, Town of 10/1/03 05/1/08 8 10 5 C 060339 Cupertino, City of 10/1/05 10/1/05 8 10 5 C 060370 Fairfield, City of 10/1/92 05/1/02 8 10 5 C 060218 Fountain Valley, City of 10/1/96 04/1/98 8 10 5 C 065028 Fremont, City of 04/1/01 04/1/01 7 15 5 C 060048 Fresno, City of 10/1/92 10/1/07 8 10 5 C 065029 Fresno County 10/1/91 10/1/07 8 10 5 C 060340 Gilroy, City of 05/1/07 05/1/07 8 10 5 C 065034 Huntington Beach, City of 10/1/95 10/1/00 7 15 5 C 060222 Irvine, City of 10/1/91 05/1/02 8 10 5 C 060075 Kern County 10/1/91 05/1/08 8 10 5 C 060090 Lake County 10/1/95 10/1/06 8 10 5 C 060136 Long Beach, City of 10/1/93 05/1/08 7 15 5 C 060341 Los Altos, City of 10/1/91 10/1/96 8 10 5 C 060137 Los Angeles, City of 10/1/91 10/1/05 7 15 5 C 065043 Los Angeles County 10/1/91 10/1/96 8 10 5 C 060344 Milpitas, City of 10/1/91 05/1/07 6 20 10 C 060735 Mission Viejo, City of 10/1/05 10/1/05 9 5 5 C 060195 Monterey County 10/1/91 05/1/07 5 25 10 C 065074 Moreno Valley, City of 10/1/91 05/1/08 5 25 10 C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 3 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 California (continued) 060346 Morgan Hill, City of 05/1/03 05/1/03 7 15 5 C 060347 Mountain View, City of 05/1/02 05/1/08 8 10 5 C 060751 Murrieta, City of 10/1/97 10/1/97 9 5 5 C 060207 Napa, City of 04/1/01 10/1/06 8 10 5 C 060227 Newport Beach, City of 10/1/93 05/1/08 8 10 5 C 060178 Novato, City of 10/1/95 05/1/07 8 10 5 C 060294 Oceanside, City of 10/1/91 10/1/96 8 10 5 C 060228 Orange, City of 10/1/92 05/1/08 9 5 5 C 060212 Orange County 10/1/91 05/1/08 7 15 5 C 060257 Palm Springs, City of 10/1/92 10/1/00 8 10 5 C 060348 Palo Alto, City of 10/1/91 10/1/01 7 15 5 C 060379 Petaluma, City of 10/1/91 10/1/96 6 20 10 C 060239 Placer County 10/1/91 10/1/07 8 10 5 C 060034 Pleasant Hill, City of 05/1/03 05/1/08 8 10 5 C 060012 Pleasanton, City of 10/1/92 10/1/97 8 10 5 C 060702 Poway, City of 05/1/08 05/1/08 8 10 5 C 060360 Redding, City of 10/1/96 05/1/08 6 20 10 C 060279 Redlands, City of 10/1/07 10/1/07 9 5 5 C 060035 Richmond, City of 10/1/95 10/1/95 9 5 5 C 060243 Roseville, City of 10/1/92 10/1/06 1 45 10 C 060266 Sacramento, City of 10/1/91 10/1/96 6 20 10 C 060262 Sacramento County 10/1/92 10/1/02 5 25 10 C 060202 Salinas, City of 10/1/91 10/1/02 7 15 5 C 060284 San Diego County 10/1/94 05/1/08 9 5 5 C 060299 San Joaquin County 10/1/93 05/1/03 6 20 10 C 060349 San Jose, City of 10/1/91 10/1/01 7 15 5 C 060231 San Juan Capistrano, City of 10/1/91 10/1/02 8 10 5 C 060013 San Leandro, City of 10/1/06 10/1/06 8 10 5 C 060310 San Luis Obispo, City of 10/1/91 10/1/96 8 10 5 C 060710 San Ramon, City of 10/1/91 10/1/06 8 10 5 C 060331 Santa Barbara County 10/1/91 05/1/06 6 20 10 C 060350 Santa Clara, City of 05/1/02 05/1/08 8 10 5 C 060337 Santa Clara County 05/1/04 10/1/07 7 15 5 C 060729 Santa Clarita, City of 10/1/01 10/1/01 9 5 5 C 060355 Santa Cruz, City of 10/1/92 05/1/02 7 15 5 C 060421 Simi Valley, City of 10/1/93 10/1/93 9 5 5 C 060631 Solano County 10/1/91 10/1/07 7 15 5 C 060375 Sonoma County 10/1/91 10/1/92 10 0 0 R 060302 Stockton, City of 10/1/96 10/1/97 8 10 5 C 060352 Sunnyvale, City of 10/1/98 05/1/08 8 10 5 C 060400 Tehema, City of 10/1/03 10/1/03 7 15 5 C 060373 Vacaville, City of 10/1/95 10/1/00 8 10 5 C 065070 Walnut Creek, City of 10/1/91 04/1/01 7 15 5 C 060357 Watsonville, City of 10/1/92 10/1/02 7 15 5 C 060238 Yorba Linda, City of 10/1/93 10/1/04 10 0 0 R 060396 Yuba City, City of 10/1/07 10/1/07 8 10 5 C 060427 Yuba County 10/1/03 05/1/08 8 10 5 C Colorado 080001 Adams County 10/1/93 10/1/03 10 0 0 R 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 4 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 Colorado (continued) 080010 Alamosa, City of 10/1/91 10/1/91 9 5 5 C 080009 Alamosa County 10/1/96 10/1/96 9 5 5 C 080011 Arapahoe County 10/1/91 10/1/92 8 10 5 C 080273 Archuleta County 10/1/92 10/1/98 10 0 0 R 085072 Arvada, City of 10/1/91 05/1/06 6 20 10 C 080002 Aurora, City of 10/1/92 05/1/08 8 10 5 C 080024 Boulder, City of 10/1/92 05/1/08 8 10 5 C 080023 Boulder County 10/1/91 10/1/06 7 15 5 C 080130 Brush, City of 10/1/94 10/1/94 9 5 5 C 080068 Canon City, City of 10/1/92 05/1/08 9 5 5 C 080013 Cherry Hills Village, City of 10/1/96 10/1/01 8 10 5 C 080060 Colorado Springs, City of 10/1/92 05/1/07 8 10 5 C 080043 Delta, City of 10/1/96 10/1/00 7 15 5 C 080046 Denver, City and County of 10/1/96 05/1/06 8 10 5 C 080049 Douglas County 10/1/96 10/1/96 9 5 5 C 080099 Durango, City of 10/1/92 10/1/92 9 5 5 C 080059 El Paso County 10/1/92 05/1/07 8 10 5 C 085074 Englewood, City of 10/1/95 10/1/96 8 10 5 C 080102 Fort Collins, City of 10/1/91 10/1/01 4 30 10 C 080061 Fountain, City of 10/1/92 05/1/07 8 10 5 C 080067 Fremont County 10/1/93 05/1/08 9 5 5 C 080245 Frisco, Town of 10/1/93 10/1/98 8 10 5 C 080090 Golden, City of 10/1/96 10/1/96 9 5 5 C 080062 Green Mountain Falls, Town of 10/1/03 10/1/03 9 5 5 C 080080 Gunnison, City of 10/1/95 10/1/95 9 5 5 C 080078 Gunnison County 10/1/94 10/1/94 9 5 5 C 080087 Jefferson County 10/1/05 10/1/05 9 5 5 C 085075 Lakewood, City of 10/1/91 10/1/05 6 20 10 C 080101 Larimer County 10/1/92 10/1/97 10 0 0 R 080017 Littleton, City of 10/1/92 10/1/97 7 15 5 C 080027 Longmont, City of 10/1/92 10/1/97 8 10 5 C 085076 Louisville, City of 10/1/91 10/1/05 8 10 5 C 080063 Manitou Springs, City of 10/1/92 05/1/07 8 10 5 C 080115 Mesa County 05/1/06 05/1/06 9 5 5 C 080064 Monument, Town of 10/1/03 10/1/03 9 5 5 C 080092 Morrison, Town of 10/1/96 10/1/96 9 5 5 C 080065 Palmer Lake, Town of 10/1/03 10/1/03 9 5 5 C 080310 Parker, Town of 10/1/92 05/1/07 6 20 10 C 080287 Pitkin County 10/1/92 10/1/97 8 10 5 C 080153 Rio Grande County 10/1/92 10/1/97 10 0 0 R 080018 Sheridan, City of 10/1/93 10/1/03 10 0 0 R 080201 Silverthorne, Town of 10/1/96 10/1/96 9 5 5 C 080159 Steamboat Springs, Town of 10/1/93 10/1/93 9 5 5 C 080168 Telluride, Town of 10/1/94 10/1/05 8 10 5 C 080007 Thornton, City of 10/1/94 10/1/06 7 15 5 C 080054 Vail, Town of 10/1/91 10/1/01 7 15 5 C 080008 Westminster, City of 10/1/91 05/1/06 6 20 10 C 085079 Wheat Ridge, City of 10/1/91 10/1/96 7 15 5 C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 5 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 090074 090076 090096 090078 090011 090012 090015 090193 090106 095082 090070 090019 100056 105084 100041 100026 100025 105086 100048 100051 120001 120290 125087 120180 120075 120193 120676 120419 120636 120004 120637 125089 120195 120680 120196 120155 125091 125092 125093 120005 125094 125095 120090 120061 120063 120064 Connecticut Cheshire, Town of East Haven, Town of East Lyme, Town of Hamden, Town of Newtown, Town ofNorwalk, City of Stamford, City of Stonington, Borough ofStonington, Town ofWest Hartford, Town of Westbrook, Town ofWestport, Town of Delaware Dewey Beach, Town of Fenwick Island, Town of Lewes, City of New Castle, City ofNewark, City of Rehoboth Beach, City of Seaford, City ofSouth Bethany, Town of Florida Alachua County Altamonte Springs, City of Anna Maria, City ofApopka, City of Atlantic Beach, City of Atlantis, City of Aventura, City ofBaker County Bal Harbour, Village of Bay County Bay Harbor Islands, Town of Belleair Beach, City of Boca Raton, City of Bonita Springs, City of Boynton Beach, City of Bradenton, City ofBradenton Beach, City of Brevard County Broward County Callaway, City of Cape Canaveral, City of Cape Coral, City of Carrabelle, City of Charlotte County Citrus County Clay County 10/1/93 10/1/03 10/1/91 10/1/93 10/1/91 10/1/93 10/1/02 10/1/04 05/1/04 10/1/91 05/1/05 10/1/95 10/1/94 10/1/94 10/1/92 10/1/94 10/1/92 10/1/94 10/1/96 10/1/07 10/1/95 10/1/94 10/1/91 10/1/93 10/1/05 10/1/92 10/1/00 10/1/01 10/1/96 10/1/93 10/1/94 10/1/92 10/1/92 05/1/06 10/1/91 10/1/91 10/1/91 10/1/91 10/1/92 10/1/93 10/1/93 10/1/91 10/1/93 10/1/92 10/1/01 10/1/96 10/1/03 10/1/04 10/1/91 10/1/06 10/1/91 10/1/98 10/1/02 10/1/04 05/1/04 10/1/07 05/1/05 10/1/00 10/1/99 10/1/04 10/1/92 10/1/99 10/1/01 10/1/95 10/1/96 10/1/07 10/1/06 10/1/96 10/1/07 10/1/07 10/1/05 05/1/08 05/1/05 10/1/01 10/1/97 10/1/05 10/1/99 10/1/01 05/1/08 05/1/06 10/1/93 10/1/00 05/1/08 10/1/06 10/1/96 05/1/08 05/1/08 05/1/07 10/1/93 05/1/04 10/1/01 10/1/05 10 8 9 10 9 10 7 9 9 8 9 8 8 8 9 8 7 8 9 8 7 8 5 7 8 8 7 8 8 7 7 7 8 7 8 7 6 7 8 8 8 6 9 5 7 7 0 10 5 0 5 0 15 5 5 10 5 10 10 10 5 10 15 10 5 10 15 10 25 15 10 10 15 10 10 15 15 15 10 15 10 15 20 15 10 10 10 20 5 25 15 15 0 5 5 0 5 0 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 10 5 5 5 5 5 5 5 5 5 5 5 5 5 10 5 5 5 5 10 5 10 5 5 R C C R C R C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 6 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 125096 120198 120020 125097 120031 120067 120070 120032 120639 120033 120034 120035 125099 125100 125101 125102 125158 125103 120308 120080 120146 120120 120172 120087 125105 125106 120673 120286 120174 120088 125107 120200 120642 120275 120098 125109 125108 125110 120103 120107 120110 120643 125111 120111 120040 120112 125112 125113 125114 120645 Florida (continued) Clearwater, City ofCloud Lake, Town of Cocoa, City of Cocoa Beach, City of Coconut Creek, City of Collier County Columbia County Cooper City, City of Coral Gables, City of Coral Springs, City of Dania, City of Davie, Town of Daytona Beach, City of Daytona Beach Shores, City of Deerfield Beach, City of Delray Beach, City of Destin, City of Dunedin, City of Edgewater, City ofEscambia County Fanning Springs, Town of Fellsmere, City of Fernandina Beach, City of Flagler Beach, City of Fort Lauderdale, City of Fort Myers, City of Fort Myers Beach, Town of Fort Pierce, City of Fort Walton Beach, City of Franklin County Gainesville, City of Glen Ridge, Town of Golden Beach, Town of Gulf Breeze, City of Gulf County Gulf Stream, Town of Gulfport, City of Hallandale Beach, City of Hardee County Hendry County Hernando County Hialeah, City ofHighland Beach, Town of Highlands County Hillsboro Beach, Town of Hillsborough County Holly Hill, City of Hollywood, City ofHolmes Beach, City of Homestead, City of 10/1/91 10/1/94 10/1/94 10/1/94 10/1/92 10/1/92 10/1/96 10/1/92 10/1/93 10/1/92 10/1/93 10/1/94 10/1/94 10/1/92 10/1/92 10/1/94 10/1/94 10/1/92 10/1/92 10/1/91 10/1/93 10/1/99 10/1/92 10/1/95 10/1/92 10/1/93 10/1/99 10/1/92 10/1/92 10/1/93 10/1/92 10/1/94 10/1/93 10/1/93 10/1/93 10/1/99 10/1/93 10/1/94 10/1/96 10/1/00 10/1/92 10/1/93 10/1/93 10/1/94 10/1/94 10/1/92 10/1/94 10/1/92 10/1/91 05/1/06 10/1/00 10/1/96 10/1/04 10/1/04 10/1/01 10/1/95 10/1/05 05/1/08 10/1/98 10/1/94 10/1/93 10/1/05 05/1/03 05/1/07 10/1/93 10/1/94 05/1/04 05/1/07 10/1/97 10/1/05 10/1/93 10/1/04 10/1/02 10/1/00 05/1/08 10/1/98 10/1/99 10/1/01 10/1/02 10/1/02 10/1/06 10/1/06 10/1/02 05/1/08 05/1/07 10/1/99 10/1/03 05/1/05 05/1/04 10/1/00 10/1/05 05/1/08 10/1/93 10/1/04 10/1/94 10/1/07 10/1/94 10/1/07 05/1/06 05/1/06 7 8 10 10 7 7 8 8 8 8 9 7 7 7 8 9 7 7 8 7 9 9 7 7 7 8 7 8 7 8 7 10 10 8 8 8 7 7 10 8 7 7 9 8 9 5 9 7 7 8 15 10 0 0 15 15 10 10 10 10 5 15 15 15 10 5 15 15 10 15 5 5 15 15 15 10 15 10 15 10 15 0 0 10 10 10 15 15 0 10 15 15 5 10 5 25 5 15 15 10 5 5 0 0 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 0 0 5 5 5 5 5 0 5 5 5 5 5 5 10 5 5 5 5 C C R R C C C C C C C C C C C C C C C C C C C C C C C C C C C R R C C C C C R C C C C C C C C C C C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 7 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 120207 120119 120121 125117 125118 120125 120077 120078 120331 120208 125119 120162 120245 120648 125121 120168 120190 120211 120421 120212 120213 120267 120214 125122 125123 120044 120169 125124 120145 125125 125126 120292 120009 125127 120149 120215 120153 120216 120426 120047 120160 120161 120337 120025 120650 120635 120651 120686 120652 120276 Florida (continued) Hypoluxo, Town ofIndian River County Indian River Shores, Town of Indian Rocks Beach, City of Indian Shores, Town of Jackson County Jacksonville, City ofJacksonville Beach, City of Jefferson County Juno Beach, Town of Jupiter, Town of Jupiter Island, Town of Kenneth City, Town ofKey Biscayne, Village of Key Colony Beach, City of Key West, City of Kissimmee, City ofLake Clarke Shores, Town of Lake County Lake Park, Town of Lake Worth, City ofLakeland, City ofLantana, Town of Largo, City of Lauderdale by the Sea, City of Lauderhill, City of Layton, City of Lee County Levy County Lighthouse Point, City of Longboat Key, Town of Longwood, City of Lynn Haven, City ofMadeira Beach, City of Madison County Manalapan, Town of Manatee County Mangonia Park, Town of Marco Island, City of Margate, City ofMarion County Martin County Mary Esther, City of Melbourne, City of Miami, City of Miami-Dade County Miami Beach, City of Miami Lakes, Town of Miami Shores Village, Village of Milton, City of 10/1/94 10/1/92 10/1/94 10/1/92 10/1/93 10/1/02 10/1/91 10/1/92 10/1/96 10/1/93 10/1/94 10/1/95 10/1/92 04/1/98 10/1/92 10/1/92 10/1/96 10/1/94 10/1/94 10/1/92 10/1/96 10/1/04 10/1/94 10/1/92 04/1/00 10/1/92 10/1/01 10/1/91 10/1/94 10/1/93 10/1/91 10/1/96 10/1/92 10/1/92 10/1/94 10/1/92 10/1/91 10/1/94 10/1/00 10/1/92 10/1/94 10/1/92 10/1/07 10/1/93 10/1/94 10/1/94 10/1/96 10/1/06 10/1/00 10/1/07 10/1/96 10/1/07 10/1/95 10/1/93 10/1/05 05/1/07 10/1/02 10/1/02 10/1/96 10/1/07 10/1/00 10/1/00 05/1/06 10/1/07 05/1/08 10/1/99 10/1/01 10/1/94 10/1/97 10/1/92 10/1/96 10/1/04 10/1/94 10/1/97 05/1/05 05/1/08 05/1/08 10/1/07 10/1/99 10/1/94 10/1/05 10/1/96 05/1/07 10/1/93 10/1/00 05/1/08 10/1/05 10/1/94 10/1/05 10/1/95 10/1/94 10/1/00 10/1/07 05/1/08 10/1/99 10/1/03 10/1/01 10/1/06 10/1/00 10/1/07 8 6 8 8 6 8 7 8 9 5 7 8 8 7 8 10 8 9 8 9 9 8 9 7 8 9 8 5 8 8 6 9 8 8 8 9 6 9 6 8 9 7 8 8 8 5 7 6 8 8 10 20 10 10 20 10 15 10 5 25 15 10 10 15 10 0 10 5 10 5 5 10 5 15 10 5 10 25 10 10 20 5 10 10 10 5 20 5 20 10 5 15 10 10 10 25 15 20 10 10 5 10 5 5 10 5 5 5 5 10 5 5 5 5 5 0 5 5 5 5 5 5 5 5 5 5 5 10 5 5 10 5 5 5 5 5 10 5 10 5 5 5 5 5 5 10 5 10 5 5 C C C C C C C C C C C C C C C R C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 8 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 Florida (continued) 120048 Miramar, City of 10/1/93 10/1/94 8 10 5 C 125129 Monroe County 10/1/91 05/1/97 10 0 0 R 125130 Naples, City of 10/1/92 10/1/02 6 20 10 C 120079 Neptune Beach, City of 10/1/94 10/1/04 8 10 5 C 120232 New Port Richey, City of 10/1/93 10/1/07 7 15 5 C 125132 New Smyrna Beach, City of 10/1/91 10/1/00 7 15 5 C 120338 Niceville, City of 10/1/93 04/1/98 8 10 5 C 120049 North Lauderdale, City of 10/1/93 10/1/93 9 5 5 C 120655 North Miami, City of 10/1/94 10/1/01 5 25 10 C 120656 North Miami Beach, City of 10/1/93 10/1/98 8 10 5 C 120217 North Palm Beach, Village of 10/1/94 10/1/99 8 10 5 C 120279 North Port, City of 10/1/92 05/1/07 7 15 5 C 125133 North Redington Beach, 10/1/92 05/1/08 8 10 5 C Town of 120050 Oakland Park, City of 10/1/94 10/1/05 8 10 5 C 120330 Ocala, City of 10/1/91 10/1/01 8 10 5 C 125134 Ocean Ridge, Town of 10/1/92 01/1/98 8 10 5 C 120173 Okaloosa County 10/1/95 10/1/05 6 20 10 C 120177 Okeechobee County 10/1/96 10/1/00 8 10 5 C 120250 Oldsmar, City of 10/1/92 05/1/06 6 20 10 C 120179 Orange County 10/1/91 05/1/08 5 25 10 C 120186 Orlando, City of 10/1/93 05/1/08 6 20 10 C 125136 Ormond Beach, City of 10/1/92 05/1/07 7 15 5 C 120189 Osceola County 10/1/94 10/1/03 7 15 5 C 120404 Palm Bay, City of 10/1/93 10/1/07 7 15 5 C 120220 Palm Beach, Town of 10/1/92 05/1/08 7 15 5 C 120192 Palm Beach County 10/1/91 10/1/06 6 20 10 C 120221 Palm Beach Gardens, City of 10/1/03 05/1/08 7 15 5 C 125137 Palm Beach Shores, Town of 10/1/94 10/1/94 9 5 5 C 120684 Palm Coast, City of 05/1/04 05/1/04 7 15 5 C 120223 Palm Springs, Village of 10/1/92 05/1/08 8 10 5 C 120159 Palmetto, City of 10/1/91 10/1/93 8 10 5 C 120012 Panama City, City of 10/1/93 10/1/02 7 15 5 C 120011 Parker, City of 10/1/94 05/1/08 8 10 5 C 120230 Pasco County 10/1/92 10/1/07 7 15 5 C 120053 Pembroke Pines, City of 10/1/94 10/1/98 7 15 5 C 120082 Pensacola, City of 10/1/02 10/1/06 7 15 5 C 125138 Pensacola Beach-Santa Rosa 10/1/91 05/1/03 8 10 5 C Island Authority 125139 Pinellas County 10/1/93 10/1/94 8 10 5 C 120251 Pinellas Park, City of 10/1/91 10/1/96 7 15 5 C 120054 Plantation, City of 10/1/92 10/1/02 7 15 5 C 120261 Polk County 10/1/92 10/1/03 7 15 5 C 120055 Pompano Beach, City of 10/1/93 10/1/94 8 10 5 C 120312 Ponce Inlet, Town of 05/1/04 05/1/04 7 15 5 C 120313 Port Orange, City of 10/1/92 05/1/03 7 15 5 C 120234 Port Richey, City of 10/1/92 10/1/07 7 15 5 C 120099 Port St. Joe, City of 10/1/94 10/1/94 9 5 5 C 120287 Port St. Lucie, City of 10/1/91 10/1/96 8 10 5 C 120062 Punta Gorda, City of 10/1/92 10/1/02 6 20 10 C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 9 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 125140 125141 120027 125143 120402 120274 125150 125144 120028 120123 120289 120164 120579 120314 120658 120227 125151 125145 125146 120191 125147 120285 120316 125149 125148 120296 120688 120328 120659 120300 120144 120058 120114 120259 120302 120115 120228 125152 125153 125154 120124 125155 120315 125157 120229 120295 120147 130075 Florida (continued) Redington Beach, Town of Redington Shores, Town of Rockledge, City of Safety Harbor, City of Sanibel, City of Santa Rosa County Sarasota, City of Sarasota County Satellite Beach, City of Sebastian, City of Seminole County Sewall’s Point, Town of Shalimar, Town of South Daytona, City of South Miami, City of South Palm Beach, Town of South Pasadena, City of St. Augustine, City of St. Augustine Beach, City of St. Cloud, City of St. Johns County St. Lucie County St. Marks, Town of St. Pete Beach, City of St. Petersburg, City of Sumter County Sunny Isles Beach, City of Sunrise, City ofSurfside, Town of Suwannee County Tallahassee, City of Tamarac, City of Tampa, City of Tarpon Springs, City of Taylor County Temple Terrace, City of Tequesta, Village ofTitusville, City of Treasure Island, City of Venice, City of Vero Beach, City of Volusia County Wakulla County Wellington, Village ofWest Palm Beach, City of Winter Springs, City of Yankeetown, Town of Georgia Albany, City of 10/1/93 10/1/92 10/1/91 10/1/92 10/1/91 10/1/93 10/1/91 10/1/92 10/1/92 10/1/92 10/1/91 10/1/96 10/1/95 10/1/92 10/1/93 10/1/93 10/1/92 10/1/92 10/1/93 10/1/93 10/1/95 10/1/94 10/1/93 10/1/91 10/1/92 10/1/95 10/1/07 10/1/92 10/1/93 10/1/96 10/1/94 10/1/92 10/1/91 10/1/92 10/1/96 10/1/93 10/1/92 10/1/92 10/1/92 10/1/91 10/1/93 10/1/93 10/1/93 10/1/03 10/1/92 10/1/93 10/1/94 10/1/94 05/1/08 10/1/93 10/1/96 10/1/96 10/1/96 04/1/00 10/1/96 05/1/07 10/1/92 10/1/06 10/1/00 10/1/97 10/1/00 10/1/02 10/1/95 10/1/93 10/1/98 10/1/97 05/1/08 05/1/08 05/1/07 10/1/96 10/1/93 10/1/92 05/1/02 05/1/97 10/1/07 10/1/02 10/1/94 10/1/00 10/1/06 05/1/06 10/1/00 10/1/93 10/1/96 10/1/03 05/1/07 10/1/97 10/1/99 10/1/05 10/1/98 10/1/03 10/1/93 10/1/03 10/1/06 05/1/08 10/1/97 10/1/94 8 8 8 8 5 7 7 5 9 8 7 8 8 7 8 9 8 8 8 8 6 8 9 8 7 8 8 7 8 8 6 7 7 8 9 8 10 8 7 6 8 7 9 9 6 7 7 9 10 10 10 10 25 15 15 25 5 10 15 10 10 15 10 5 10 10 10 10 20 10 5 10 15 10 10 15 10 10 20 15 15 10 5 10 0 10 15 20 10 15 5 5 20 15 15 5 5 5 5 5 10 5 5 10 5 5 5 5 5 5 5 5 5 5 5 5 10 5 5 5 5 5 5 5 5 5 10 5 5 5 5 5 0 5 5 10 5 5 5 5 10 5 5 5 C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C R C C C C C C C C C C C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 10 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 130093 130209 130030 130424 130052 130086 130059 135158 130144 130504 135159 130065 130074 130306 130098 130432 130431 135160 130092 130322 130201 130147 130078 130261 130088 135163 135164 130025 130196 150003 160001 160009 165167 160002 160206 160209 160003 160212 160004 160127 160022 160131 160023 160076 160090 160058 Georgia (continued) Brunswick, City of Cartersville, City ofChatham County Cherokee County Cobb County College Park, City of Columbia County Columbus, City of Covington, City of Crisp County Decatur, City ofDekalb County Dougherty County Douglas County Duluth, City of Fayette County Fayetteville, City of Fulton County Glynn County Gwinnett County Jekyll Island, State Park Auth Paulding County Peachtree City, City of Pooler, Town of Roswell, City ofSavannah, City of Tybee Island, City of Waynesboro, City of Worth County Hawaii Maui County Idaho Ada County Bannock County Blaine County Boise, City of Bonner County Caribou County Eagle, City of Elmore County Garden City, City ofGem County Hailey, City of Kellogg, City of Ketchum, City of Kootenai County Moscow, City of Mountain Home, City of 10/1/93 05/1/05 10/1/91 05/1/05 10/1/91 10/1/92 04/1/99 10/1/91 10/1/93 05/1/05 10/1/93 10/1/92 10/1/93 10/1/95 10/1/97 05/1/04 05/1/06 04/1/00 10/1/92 10/1/94 10/1/93 10/1/91 10/1/93 10/1/93 10/1/91 10/1/92 10/1/93 10/1/91 05/1/03 10/1/95 10/1/94 10/1/94 10/1/94 10/1/91 10/1/05 05/1/06 04/1/00 10/1/94 10/1/98 05/1/08 10/1/92 10/1/92 10/1/92 10/1/92 10/1/94 10/1/94 10/1/93 05/1/05 05/1/04 05/1/05 10/1/97 10/1/02 05/1/04 10/1/93 10/1/93 05/1/05 10/1/05 10/1/94 10/1/03 10/1/00 10/1/97 05/1/04 05/1/06 04/1/00 10/1/96 05/1/04 05/1/06 10/1/96 10/1/03 10/1/95 10/1/96 10/1/98 10/1/07 10/1/97 05/1/03 10/1/00 10/1/99 10/1/99 10/1/99 04/1/01 10/1/05 05/1/06 04/1/00 04/1/01 05/1/03 05/1/08 10/1/97 10/1/07 10/1/07 10/1/00 10/1/99 10/1/99 9 9 7 8 8 6 8 8 9 9 7 8 7 8 9 7 8 9 8 8 6 10 7 8 7 8 7 10 9 8 7 8 8 6 9 9 6 8 8 9 8 9 9 6 8 8 5 5 15 10 10 20 10 10 5 5 15 10 15 10 5 15 10 5 10 10 20 0 15 10 15 10 15 0 5 10 15 10 10 20 5 5 20 10 10 5 10 5 5 20 10 10 5 5 5 5 5 10 5 5 5 5 5 5 5 5 5 5 5 5 5 5 10 0 5 5 5 5 5 0 5 5 5 5 5 10 5 5 10 5 5 5 5 5 5 10 5 5 C C C C C C C C C C C C C C C C C C C C C R C C C C C R C C C C C C C C C C C C C C C C C C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 11 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 160101 160012 160114 160024 160120 160220 170001 170198 170059 170072 170298 170322 170078 170361 170182 170081 170204 170091 170206 170107 170481 170400 170116 170378 170211 170129 170213 170822 170132 170214 170172 175170 170533 170919 170387 170582 170912 170163 170330 170333 170169 170173 170687 170222 170224 180302 Idaho (continued) Nez Perce County Pocatello, City of Shoshone County Sun Valley, City of Twin Falls, City of Valley County Illinois Adams County Addison, Village ofBartlett, Village of Calumet City, City of Carbondale, City ofCarpentersville, Village of Country Club Hills, City of Deerfield, Village of DeKalb, City of Des Plaines, City of Downers Grove, Village of Flossmoor, Village ofGlendale Heights, Village of Hoffman Estates, Village of Lake in the Hills, Village of LaSalle County Lansing, Village of Lincolnshire, Village of Lisle, Village of Mount Prospect, Village of Naperville, City of North Utica, Village of Northbrook, Village of Oak Brook, Village ofOrland Hills, Village of Palatine, Village of Peoria County Prospect Heights, City of Riverwoods, Village of Rock Island County Sangamon County South Holland, Village of St. Charles, City of Sugar Grove, Village of Tinley Park, City of Wheeling, Village of Whiteside County Willowbrook, Village of Wood Dale, City of Indiana Allen County 10/1/01 10/1/94 10/1/94 10/1/94 10/1/94 10/1/94 10/1/96 10/1/91 10/1/91 10/1/00 10/1/02 10/1/06 10/1/93 10/1/95 05/1/05 10/1/93 10/1/91 10/1/93 10/1/94 10/1/92 05/1/08 05/1/05 10/1/93 10/1/93 10/1/91 10/1/91 10/1/91 05/1/05 10/1/94 10/1/92 10/1/96 10/1/94 10/1/92 10/1/94 05/1/07 10/1/06 04/1/00 10/1/92 10/1/94 10/1/06 10/1/05 10/1/91 10/1/07 10/1/91 10/1/99 10/1/02 10/1/06 10/1/99 10/1/94 10/1/99 10/1/94 10/1/99 10/1/01 10/1/97 05/1/04 05/1/03 10/1/02 10/1/06 10/1/94 05/1/08 05/1/05 10/1/03 10/1/02 05/1/08 05/1/04 10/1/02 05/1/08 05/1/05 10/1/01 10/1/03 10/1/01 10/1/02 10/1/97 05/1/05 05/1/04 10/1/97 10/1/02 05/1/04 10/1/97 05/1/04 05/1/07 10/1/06 04/1/00 10/1/02 10/1/04 10/1/06 10/1/05 05/1/07 10/1/07 10/1/02 10/1/04 05/1/08 7 8 9 8 9 7 8 7 7 6 9 8 8 6 8 7 7 8 7 7 7 9 7 5 7 7 10 9 7 7 5 7 8 8 8 7 8 5 8 7 7 7 8 6 5 9 15 10 5 10 5 15 10 15 15 20 5 10 10 20 10 15 15 10 15 15 15 5 15 25 15 15 0 5 15 15 25 15 10 10 10 15 10 25 10 15 15 15 10 20 25 5 5 5 5 5 5 5 5 5 5 10 5 5 5 10 5 5 5 5 5 5 5 5 5 10 5 5 0 5 5 5 10 5 5 5 5 5 5 10 5 5 5 5 5 10 10 5 C C C C C C C C C C C C C C C C C C C C C C C C C C R C C C C C C C C C C C C C C C C C C C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 12 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 180150 180006 180007 180001 180257 180003 180080 180419 180159 180093 180121 180382 180082 180465 180122 180256 180263 190169 190242 190227 200250 200095 200096 200090 200215 200201 200173 200298 200177 205187 210017 210010 210219 210227 210062 210075 210280 210051 210055 210067 210120 210126 210063 Indiana (continued) Anderson, City ofBartholomew County Columbus, City of Decatur, City ofEvansville, City ofFort Wayne, City of Hamilton County Hancock County Indianapolis, City of Kokomo, City of Kosciusko, County ofMilford Junction, City of Noblesville, City of North Webster, City of Syracuse, City of Vanderburgh County Vigo County Iowa Coralville, City of Davenport, City of Des Moines, City of Kansas Carbondale, City ofEllis, City of Hayes, City of Lawrence, City ofLindsborg, City of Lyon County Olathe, City of Riley County Shawnee, City of Topeka, City of Kentucky Ashland, City of Bell County Bowling Green, City of Corbin, City of Daviess County Frankfort, City of Franklin County Grayson, City of Hopkinsville, City of Lexington-Fayette Urban County Louisville-Jefferson County Metro Government Nicholasville, City of Owensboro, City of 05/1/07 10/1/93 10/1/98 10/1/93 10/1/99 10/1/91 10/1/91 10/1/03 10/1/07 10/1/95 10/1/97 10/1/97 10/1/91 10/1/97 10/1/97 04/1/99 10/1/95 10/1/92 10/1/95 10/1/91 10/1/92 10/1/07 10/1/92 10/1/04 10/1/92 10/1/07 10/1/93 10/1/92 10/1/91 10/1/92 10/1/92 10/1/94 10/1/91 10/1/93 05/1/03 10/1/92 10/1/93 10/1/92 10/1/91 10/1/91 10/1/91 10/1/91 05/1/03 05/1/07 10/1/93 10/1/98 05/1/08 10/1/04 05/1/07 05/1/04 10/1/06 10/1/07 10/1/96 05/1/08 05/1/08 10/1/06 05/1/08 05/1/08 04/1/99 10/1/05 10/1/96 05/1/08 05/1/08 10/1/96 10/1/07 10/1/03 10/1/04 10/1/92 10/1/07 10/1/93 10/1/93 10/1/01 10/1/01 10/1/97 10/1/97 10/1/06 10/1/94 05/1/05 10/1/92 10/1/97 10/1/92 10/1/96 10/1/07 05/1/08 10/1/97 05/1/05 8 9 9 8 8 8 7 8 8 8 9 8 5 8 8 8 10 10 8 7 10 9 10 8 9 9 9 10 8 10 10 10 7 10 8 9 10 9 10 7 5 8 8 10 5 5 10 10 10 15 10 10 10 5 10 25 10 10 10 0 0 10 15 0 5 0 10 5 5 5 0 10 0 0 0 15 0 10 5 0 5 0 15 25 10 10 5 5 5 5 5 5 5 5 5 5 5 5 10 5 5 5 0 0 5 5 0 5 0 5 5 5 5 0 5 0 0 0 5 0 5 5 0 5 0 5 10 5 5 C C C C C C C C C C C C C C C C R R C C R C R C C C C R C R R R C R C C R C R C C C C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 13 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 210127 210298 210193 210072 210366 210203 210312 210097 220013 225193 220033 220361 220037 220200 220116 220027 220058 220117 220015 225198 220220 225199 225201 225202 220040 220113 220248 220202 220136 220196 225203 220135 220119 220008 220347 220036 220204 220016 220160 220261 220164 225205 220206 225206 220121 220239 220094 220061 Kentucky (continued) Paintsville, City of Pike County Pikeville, City of Prestonsburg, City of Radcliff, City of Rowan County Warren County West Point, City of Louisiana Ascension Parish Baker, City of Bossier City, City of Caddo Parish Calcasieu Parish Covington, City of Denham Springs, City of Deridder, City ofEast Baton Rouge Parish French Settlement, Village of Gonzales, City of Gretna, City of Houma, City of Jefferson Parish Kenner, City of Lafourche Parish Lake Charles, City of Livingston Parish Lutcher, Town of Mandeville, Town of Monroe, City of Morgan City, City ofNew Orleans/Orleans Parish Ouachita Parish Port Vincent, Village of Rayne, City of Ruston, City of Shreveport, City of Slidell, City of Sorrento, Town of St. Charles Parish St. James Parish St. John The Baptist Parish St. Tammany Parish Tangipahoa Parish Terrebonne Parish Walker, Town of West Baton Rouge Parish Westwego, City ofZachary, City of 10/1/92 10/1/95 10/1/92 10/1/92 10/1/95 10/1/94 10/1/91 10/1/95 10/1/92 10/1/91 10/1/92 10/1/95 10/1/91 10/1/95 10/1/91 10/1/95 10/1/91 10/1/92 10/1/92 10/1/00 10/1/92 10/1/92 10/1/92 01/1/92 10/1/04 10/1/92 10/1/92 10/1/92 10/1/03 10/1/91 10/1/91 10/1/02 10/1/92 10/1/91 10/1/92 10/1/91 10/1/92 10/1/92 10/1/91 10/1/91 10/1/94 10/1/92 10/1/96 10/1/92 10/1/92 10/1/93 10/1/07 10/1/92 10/1/92 10/1/95 10/1/92 10/1/92 10/1/95 10/1/94 10/1/06 10/1/00 05/1/08 10/1/91 05/1/08 10/1/07 10/1/07 10/1/96 10/1/91 10/1/95 10/1/94 10/1/07 05/1/08 10/1/00 10/1/04 05/1/03 10/1/93 05/1/04 10/1/04 10/1/92 10/1/92 05/1/08 10/1/03 05/1/06 10/1/01 05/1/08 10/1/97 10/1/91 10/1/92 05/1/08 10/1/92 05/1/08 10/1/07 10/1/97 10/1/94 10/1/92 10/1/96 10/1/04 05/1/08 10/1/96 10/1/07 10/1/07 9 9 9 9 9 9 7 10 8 9 8 8 8 10 9 9 7 9 9 8 8 7 8 10 9 9 9 8 9 8 8 9 10 9 9 7 9 9 8 8 9 9 9 8 9 8 8 8 5 5 5 5 5 5 15 0 10 5 10 10 10 0 5 5 15 5 5 10 10 15 10 0 5 5 5 10 5 10 10 5 0 5 5 15 5 5 10 10 5 5 5 10 5 10 10 10 5 5 5 5 5 5 5 0 5 5 5 5 5 0 5 5 5 5 5 5 5 5 5 0 5 5 5 5 5 5 5 5 0 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 C C C C C C C R C C C C C R C C C C C C C C C R C C C C C C C C R C C C C C C C C C C C C C C C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 14 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 230191 230208 230001 230043 230116 230057 230018 230209 230069 230004 230178 230632 230153 230112 230120 230051 230155 230128 230157 230293 230158 230159 240042 240011 240130 240015 240040 240044 240012 245207 245208 250286 250233 250004 250082 250008 250085 250269 250273 250167 250060 250010 250278 255219 250282 250218 Maine Alfred, Town of Arrowsic, Town of Auburn, City of Cape Elizabeth, Town of Dover-Foxcroft, Town of Farmington, Town of Fort Fairfield, Town of Georgetown, Town ofHallowell, City of Lewiston, City of Norridgewock, City of Ogunquit, Town of Old Orchard Beach, Town of Old Town, City of Phippsburg, Town of Portland, City of Saco, City of Skowhegan, Town of South Berwick, Town of Southwest Harbor, Town of Wells, Town of York, Town of Maryland Bel Air, Town of Calvert County Caroline County Carroll County Harford County Howard County North Beach, City of Ocean City, Town of Prince George’s County Massachusetts Boston, City of Braintree, Town of Chatham, Town of Gloucester, City of Harwich, Town of Haverhill, City of Hull, Town of Marshfield, Town of Northampton, City of Norton, Town of Orleans, City of Plymouth, Town of Quincy, City of Scituate, Town of Tewksbury, Town of 10/1/91 10/1/93 10/1/92 10/1/94 10/1/07 10/1/94 10/1/02 10/1/01 10/1/96 10/1/93 10/1/97 10/1/92 10/1/93 10/1/05 10/1/93 10/1/93 10/1/92 10/1/91 10/1/94 10/1/96 10/1/91 10/1/01 10/1/93 10/1/91 10/1/96 10/1/07 10/1/91 10/1/07 01/1/92 10/1/92 10/1/91 10/1/92 10/1/92 10/1/92 10/1/92 10/1/95 10/1/92 05/1/08 10/1/91 05/1/03 10/1/91 10/1/93 10/1/91 10/1/93 10/1/91 10/1/93 10/1/93 10/1/93 10/1/92 10/1/94 10/1/07 10/1/94 10/1/02 10/1/01 10/1/96 05/1/97 10/1/07 05/1/03 10/1/93 10/1/05 10/1/93 10/1/01 10/1/99 10/1/03 05/1/05 10/1/02 10/1/06 10/1/01 10/1/03 10/1/96 10/1/96 10/1/07 10/1/00 10/1/07 10/1/01 10/1/02 10/1/01 10/1/97 05/1/08 10/1/93 10/1/97 10/1/95 10/1/92 05/1/08 05/1/07 05/1/03 10/1/91 10/1/93 10/1/91 05/1/97 05/1/07 10/1/93 8 9 9 9 9 9 8 9 9 8 10 8 9 8 9 8 8 8 8 9 9 8 8 10 9 8 7 8 8 7 5 10 9 8 10 9 9 8 8 8 9 9 9 7 9 9 10 5 5 5 5 5 10 5 5 10 0 10 5 10 5 10 10 10 10 5 5 10 10 0 5 10 15 10 10 15 25 0 5 10 0 5 5 10 10 10 5 5 5 15 5 5 5 5 5 5 5 5 5 5 5 5 0 5 5 5 5 5 5 5 5 5 5 5 5 0 5 5 5 5 5 5 10 0 5 5 0 5 5 5 5 5 5 5 5 5 5 5 C C C C C C C C C C R C C C C C C C C C C C C R C C C C C C C R C C R C C C C C C C C C C C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 15 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 250349 260142 260473 260221 260172 260657 260226 260118 260150 260140 260175 260185 260577 260190 260305 260128 260243 260728 260503 260208 260285 275228 275236 275240 270307 275246 270729 285251 285252 280016 280366 280332 280179 285253 285255 280053 280070 280072 285257 280229 280096 285259 285260 285261 Massachusetts (continued) Worcester, City of Michigan Bedford, Township of Commerce, Township of Dearborn Heights, City of Farmington Hills, City of Fraser, Township of Gibraltar, City of Hamburg, Township of Luna Pier, City of Midland, City of Novi, City of Park, Township of Portage, City of Saginaw, Township of Saugatuck, City ofSterling Heights, City of Sumpter, Township of Taylor, City of Taymouth, Township of Vassar, City of Zilwaukee, City of Minnesota Austin, City of East Grand Forks, City of Lake St. Croix Beach, City of Mower County Rochester, City of West St. Paul, City of Mississippi Bay St. Louis, City of Biloxi, City of Cleveland, City ofD’lberville, City of Gautier, City ofGreenville, City of Gulfport, City of Harrison County Hattiesburg, City ofHinds County Jackson, City ofLong Beach, City of Madison, City ofMeridian, City of Ocean Springs, City of Pascagoula, City ofPass Christian, City of 10/1/95 05/1/02 05/1/03 10/1/92 10/1/94 05/1/03 10/1/92 10/1/99 05/1/02 10/1/92 10/1/99 05/1/03 10/1/92 10/1/06 10/1/06 10/1/95 10/1/95 05/1/03 05/1/03 10/1/06 05/1/04 10/1/91 10/1/91 10/1/95 10/1/95 10/1/91 10/1/91 10/1/95 10/1/96 10/1/93 10/1/07 10/1/94 10/1/93 10/1/96 10/1/03 10/1/94 10/1/93 10/1/91 10/1/00 10/1/96 10/1/92 10/1/92 10/1/07 10/1/93 10/1/95 05/1/08 05/1/03 05/1/08 10/1/95 05/1/03 10/1/02 10/1/99 05/1/08 10/1/02 10/1/99 05/1/03 05/1/08 10/1/06 10/1/06 05/1/05 10/1/04 05/1/03 05/1/03 10/1/06 05/1/04 05/1/08 10/1/98 10/1/00 04/1/00 10/1/96 10/1/96 10/1/00 10/1/03 04/1/99 10/1/07 04/1/00 05/1/03 10/1/01 10/1/03 05/1/02 10/1/93 10/1/96 10/1/00 10/1/01 05/1/08 05/1/08 10/1/07 10/1/03 9 8 9 7 10 9 8 8 8 6 7 9 8 9 8 7 10 9 9 6 8 5 10 8 8 10 10 7 7 8 7 8 8 8 8 7 9 8 8 8 8 7 7 6 5 10 5 15 0 5 10 10 10 20 15 5 10 5 10 15 0 5 5 20 10 25 0 10 10 0 0 15 15 10 15 10 10 10 10 15 5 10 10 10 10 15 15 20 5 5 5 5 0 5 5 5 5 10 5 5 5 5 5 5 0 5 5 10 5 10 0 5 5 0 0 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 10 C C C C R C C C C C C C C C C C R C C C C C R C C R R C C C C C C C C C C C C C C C C C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 16 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 280130 280110 280100 280176 285262 290188 290351 290172 290362 290315 300009 300028 300008 300108 300023 300010 300038 300014 300049 300048 300029 300142 310069 315273 320001 320003 320008 320005 325276 320035 320007 320033 330023 330024 330101 330141 330028 345278 Mississippi (continued) Picayune, City of Ridgeland, City ofTupelo, City of Vicksburg, City ofWaveland, City of Missouri Arnold, City of Ferguson, City of Independence,City ofKirkwood, City of St. Charles County Montana Belt, Town of Bozeman, City of Cascade County Circle, Town of Flathead County Great Falls, City of Lewis and Clark County Miles City, City of Missoula, City ofMissoula County Three Forks, Town of Yellowstone County Nebraska Fremont, City of Lincoln, City ofNevada Carson City, City of Clark County Douglas County Henderson, City ofLas Vegas, City of Mesquite, City of North Las Vegas, City of Storey County New Hampshire Keene, City of Marlborough, Town of Peterborough, Town of Rye, Town of Winchester, Town of New Jersey Atlantic City, City of 05/1/08 10/1/94 05/1/03 10/1/93 10/1/93 10/1/91 10/1/95 10/1/91 10/1/91 10/1/01 10/1/91 10/1/92 10/1/91 10/1/91 10/1/93 10/1/91 10/1/91 10/1/91 10/1/91 10/1/91 10/1/93 05/1/03 10/1/91 10/1/91 10/1/94 10/1/92 10/1/93 10/1/91 10/1/91 10/1/02 10/1/91 10/1/94 05/1/02 10/1/94 05/1/04 05/1/05 05/1/02 10/1/92 05/1/08 10/1/04 05/1/03 04/1/01 10/1/06 05/1/04 04/1/01 10/1/01 10/1/96 05/1/08 10/1/92 05/1/03 04/1/01 10/1/93 10/1/07 10/1/06 10/1/02 10/1/94 05/1/02 05/1/02 10/1/98 05/1/03 10/1/91 05/1/03 04/1/99 05/1/08 10/1/04 05/1/08 05/1/08 05/1/07 05/1/08 10/1/99 05/1/08 10/1/94 05/1/04 05/1/05 05/1/02 10/1/00 8 8 8 7 5 10 10 7 10 7 8 7 8 8 8 8 8 9 8 8 8 8 9 7 8 6 6 6 6 7 6 8 8 9 8 9 9 9 10 10 10 15 25 0 0 15 0 15 10 15 10 10 10 10 10 5 10 10 10 10 5 15 10 20 20 20 20 15 20 10 10 5 10 5 5 5 5 5 5 5 10 0 0 5 0 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 10 10 10 10 5 10 5 5 5 5 5 5 5 C C C C C R R C R C C C C C C C C C C C C C C C C C C C C C C C C C C C C C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 17 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY DATE CURRENT EFFECTIVE DATE CURRENT CLASS % DISCOUNT FOR SFHA1 % DISCOUNT FOR NON-SFHA2 STATUS3 New Jersey (continued) 345279 340396 345280 Avalon, Borough of Barnegat, Township of Barnegat Light, Borough of 10/1/96 10/1/92 10/1/92 10/1/07 10/1/97 10/1/01 6 10 8 20 0 10 10 0 5 C R C 345281 Bay Head, Borough of 10/1/93 10/1/98 8 10 5 C 345282 Beach Haven, Borough of 10/1/91 05/1/04 7 15 5 C 340427 Bedminster, Township of 10/1/96 05/1/07 6 20 10 C 340369 Berkeley, Township of 10/1/92 10/1/94 10 0 0 R 340459 Berkeley Heights, Township of 10/1/94 04/1/99 10 0 0 R 340178 Bloomfield, Township of 10/1/92 10/1/97 10 0 0 R 340289 Bradley Beach, Borough of 10/1/95 10/1/00 7 15 5 C 345286 Brigantine, City of 10/1/92 10/1/01 7 15 5 C 345287 Burlington, City of 04/1/98 10/1/03 8 10 5 C 345288 Cape May City, City of 10/1/94 10/1/99 8 10 5 C 345289 Cape May Point, Borough of 10/1/93 10/1/94 7 15 5 C 340031 Englewood, City of 10/1/91 10/1/01 10 0 0 R 340204 Greenwich, Township of 05/1/07 05/1/07 9 5 5 C 340246 Hamilton, Township of 10/1/92 10/1/02 8 10 5 C 345296 Harvey Cedars, Borough of 10/1/91 10/1/99 8 10 5 C 340376 Lacey, Township of 10/1/92 10/1/93 10 0 0 R 340379 Lavallette, Borough of 05/1/04 05/1/05 8 10 5 C 345300 Lincoln Park, Borough of 10/1/91 10/1/06 10 0 0 R 340467 Linden, City of 10/1/91 10/1/02 8 10 5 C 340046 Little Ferry, Borough of 10/1/93 10/1/94 10 0 0 R 340047 Lodi, Borough of 10/1/92 10/1/93 10 0 0 R 345301 Long Beach, Township of 10/1/92 10/1/99 7 15 5 C 345302 Longport, Borough of 10/1/95 10/1/00 8 10 5 C 345303 Manasquan, Borough of 10/1/92 10/1/98 8 10 5 C 340383 Mantoloking, Borough of 10/1/92 10/1/01 7 15 5 C 345304 Margate City, City of 10/1/92 10/1/99 7 15 5 C 340188 Montclair, Township of 10/1/94 10/1/95 10 0 0 R 340517 Mullica, Township of 10/1/94 05/1/08 10 0 0 R 340570 New Jersey Meadowlands 10/1/92 05/1/08 8 10 5 C Commission 345307 North Plainfield, City of 10/1/92 10/1/92 9 5 5 C 345308 North Wildwood, City of 10/1/00 10/1/00 7 15 5 C 345309 Oakland, Borough of 10/1/95 10/1/96 10 0 0 R 340518 Ocean, Township of 10/1/95 10/1/95 9 5 5 C 345310 Ocean City, City of 10/1/92 10/1/01 7 15 5 C 340355 Parsippany-Troy Hills, 10/1/91 10/1/91 9 5 5 C Township of 340512 Pennsville, Township of 10/1/92 10/1/97 10 0 0 R 345311 Pequannock, Village of 10/1/91 10/1/97 10 0 0 R 345312 Plainfield, City of 10/1/91 10/1/98 10 0 0 R 345313 Point Pleasant, Borough of 10/1/93 10/1/93 9 5 5 C 340388 Point Pleasant Beach, 10/1/92 10/1/97 10 0 0 R Borough of 345528 Pompton Lakes, Borough of 10/1/91 10/1/96 10 0 0 R 345314 Rahway, City of 10/1/92 10/1/02 8 10 5 C 340067 Ridgewood, Village of 10/1/92 10/1/02 7 15 5 C 340359 Riverdale, Borough of 10/1/94 10/1/94 9 5 5 C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 18 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 340070 340472 340474 345317 345318 345319 345320 340329 340393 345323 345324 345293 340395 340331 345326 345327 345328 345330 345331 350045 350002 350001 350010 350012 350067 350029 355332 350054 350006 350064 360226 360147 360790 360988 360148 361342 360570 361055 360149 360772 360463 360150 360151 360774 360464 360417 New Jersey (continued) Rochelle Park, Township of Roselle, Borough of Scotch Plains, Township of Sea Bright, Borough of Sea Isle City, City of Seaside Park, Borough of Ship Bottom, Borough of Spring Lake, Borough of Stafford, Township of Stone Harbor, Borough of Surf City, Borough of Toms River, Township of Tuckerton, Borough of Union Beach, Borough of Ventnor, City of Wayne, Township of West Wildwood, Borough of Wildwood Crest, Borough of Woodbridge, Township of New Mexico Alamogordo, City ofAlbuquerque, City of Bernalillo County Clovis, City of Dona Ana County Farmington, City ofHobbs, City of Las Cruces, City of Portales, City of Roswell, City ofSan Juan County New York Amherst, Town of Ashland, Town of Babylon,Town of Bayville, Village of Big Flats, Town of Brightwaters, Village of Camillus, Town of Catlin, Town of Chemung, Town of Corning, City of East Rockaway, Village of Elmira, City of Elmira, Town of Erwin, Town of Freeport, Village of Greece, Town of 10/1/06 10/1/92 10/1/94 10/1/92 10/1/92 10/1/92 10/1/92 10/1/94 10/1/91 10/1/94 10/1/92 10/1/92 10/1/93 10/1/03 10/1/92 10/1/91 10/1/93 10/1/93 10/1/92 10/1/91 10/1/93 10/1/93 10/1/91 10/1/03 10/1/91 10/1/92 10/1/91 10/1/95 10/1/92 05/1/08 10/1/95 10/1/91 10/1/92 10/1/92 10/1/91 10/1/93 10/1/96 10/1/91 10/1/91 10/1/91 10/1/92 10/1/91 10/1/91 10/1/91 10/1/92 10/1/92 10/1/06 01/1/98 10/1/95 10/1/97 10/1/95 10/1/06 10/1/02 10/1/99 05/1/08 10/1/96 10/1/98 10/1/92 10/1/98 10/1/03 10/1/99 10/1/00 10/1/05 10/1/03 10/1/97 10/1/91 05/1/08 05/1/08 10/1/91 10/1/03 10/1/91 05/1/08 10/1/07 10/1/95 10/1/92 05/1/08 05/1/97 05/1/08 10/1/93 10/1/03 10/1/96 10/1/98 10/1/01 10/1/97 05/1/08 05/1/08 10/1/92 05/1/97 10/1/91 05/1/08 10/1/97 10/1/92 8 8 10 10 10 8 8 8 6 8 8 9 10 8 8 8 10 8 10 9 8 9 9 9 9 8 7 9 9 9 8 9 10 8 8 10 10 10 9 9 9 8 9 8 8 9 10 10 0 0 0 10 10 10 20 10 10 5 0 10 10 10 0 10 0 5 10 5 5 5 5 10 15 5 5 5 10 5 0 10 10 0 0 0 5 5 5 10 5 10 10 5 5 5 0 0 0 5 5 5 10 5 5 5 0 5 5 5 0 5 0 5 5 5 5 5 5 5 5 5 5 5 5 5 0 5 5 0 0 0 5 5 5 5 5 5 5 5 C C R R R C C C C C C C R C C C R C R C C C C C C C C C C C C C R C C R R R C C C C C C C C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 19 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY DATE CURRENT EFFECTIVE DATE CURRENT CLASS % DISCOUNT FOR SFHA1 % DISCOUNT FOR NON-SFHA2 STATUS3 New York (continued) 360777 360153 360154 Hornellsville, Town of Horseheads, Town of Horseheads, Village of 10/1/91 10/1/91 10/1/91 10/1/92 10/1/91 10/1/91 10 9 9 0 5 5 0 5 5 R C C 360308 Ilion, Village of 10/1/00 10/1/00 9 5 5 C 360047 Johnson City, Village of 10/1/91 10/1/91 9 5 5 C 360247 Lackawanna, City of 05/1/03 05/1/03 9 5 5 C 360476 Lawrence, Village of 10/1/92 05/1/07 7 15 5 C 360506 Niagara Falls, City of 10/1/92 10/1/02 8 10 5 C 360801 Northport, Village of 10/1/94 10/1/94 9 5 5 C 360667 Oneonta, City of 10/1/94 05/1/04 8 10 5 C 360780 Pulteney, Town of 10/1/91 10/1/93 10 0 0 R 360932 Scarsdale, Village of 10/1/93 10/1/98 8 10 5 C 365342 Southampton, Town of 10/1/95 10/1/05 8 10 5 C 365343 Southampton, Village of 10/1/92 10/1/93 10 0 0 R 360156 Southport, Town of 10/1/91 10/1/91 9 5 5 C 360595 Syracuse, City of 10/1/93 10/1/93 9 5 5 C 360056 Union, Town of 10/1/91 10/1/01 9 5 5 C 361057 Veteran, Town of 10/1/91 10/1/96 10 0 0 R 360157 Wellsburg, Village of 10/1/91 10/1/91 9 5 5 C North Carolina 370404 Alliance, Town of 10/1/92 10/1/92 9 5 5 C 370044 Atlantic Beach, Town of 10/1/92 10/1/93 8 10 5 C 370183 Bayboro, Town of 10/1/92 10/1/92 9 5 5 C 375346 Beaufort, City of 10/1/94 10/1/05 8 10 5 C 370015 Belhaven, Town of 10/1/93 10/1/94 8 10 5 C 370253 Boone, Town of 10/1/91 10/1/00 7 15 5 C 370231 Brevard, City of 10/1/92 10/1/07 8 10 5 C 370036 Cabarrus County 10/1/91 05/1/07 8 10 5 C 370039 Caldwell County 04/1/00 04/1/00 9 5 5 C 370046 Cape Carteret, Town of 10/1/93 10/1/03 8 10 5 C 375347 Carolina Beach, Town of 10/1/93 04/1/99 7 15 5 C 370043 Carteret County 10/1/91 10/1/92 8 10 5 C 370238 Cary, Town of 10/1/92 10/1/96 10 0 0 R 370391 Caswell Beach, City of 10/1/94 10/1/00 7 15 5 C 370465 Cedar Point, Town of 10/1/92 10/1/07 8 10 5 C 370159 Charlotte, City of 10/1/91 05/1/06 5 25 10 C 370263 Clinton, City of 10/1/94 10/1/94 9 5 5 C 370037 Concord, City of 10/1/93 10/1/03 8 10 5 C 370072 Craven County 10/1/91 10/1/01 8 10 5 C 370443 Creswell, Town of 10/1/94 10/1/99 8 10 5 C 370076 Cumberland County 10/1/96 10/1/96 9 5 5 C 370078 Currituck County 10/1/93 05/1/08 8 10 5 C 375348 Dare County 10/1/91 05/1/08 8 10 5 C 370085 Durham County 10/1/92 10/1/92 9 5 5 C 370062 Edenton, Town of 10/1/93 05/1/08 9 5 5 C 370047 Emerald Isle, Town of 10/1/93 10/1/03 7 15 5 C 370190 Farmville, Town of 10/1/04 10/1/04 8 10 5 C 375349 Forsyth County 10/1/93 05/1/08 8 10 5 C 370255 Goldsboro, City of 10/1/93 05/1/03 8 10 5 C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 20 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 370191 370192 370111 370265 375352 370133 370178 375353 370145 370439 370144 370081 375355 370158 370418 370048 375356 370167 370074 370168 370049 370466 370523 375357 370279 370181 370267 370160 370372 370249 370243 370092 370421 370220 370430 370028 370437 375359 370094 370187 370438 370368 370017 370247 370268 370251 370254 370464 370071 370270 North Carolina (continued) Greenville, City of Grifton, Town of Guilford County Havelock, City of Holden Beach, Town of Hyde County Jacksonville, City ofKill Devil Hills, City of Kinston, City ofKitty Hawk, Town of Lenoir County Lexington, City ofManteo, Town of Mecklenburg County Minnesott Beach, Town of Morehead City, Town of Nags Head, City ofNashville, Town of New Bern, City of New Hanover County Newport, Town of North Topsail Beach, Town of Oak Island, Town of Ocean Isle Beach, Town of Oriental, Town of Pamlico County Pine Knoll Shores, Town of Pineville, Town of Pitt County Plymouth, Town of Raleigh, City of Rocky Mount, City of Roper, Town of Sampson County Southern Shores, Town of Southport, City ofStonewall, Town of Sunset Beach, Town of Tarboro, Town of Topsail Beach, Town of Vandemere, Town of Wake County Washington, City ofWashington County Washington Park, Town of Watauga County Wayne County Whispering Pines, Village of Whiteville, City of Wilson, City of 10/1/92 10/1/04 10/1/93 10/1/95 10/1/91 10/1/92 10/1/91 10/1/91 10/1/94 10/1/91 10/1/94 10/1/93 10/1/91 10/1/91 10/1/92 10/1/92 10/1/91 10/1/94 10/1/92 10/1/91 10/1/92 10/1/92 10/1/91 10/1/92 10/1/92 10/1/92 10/1/92 10/1/91 10/1/02 10/1/94 10/1/91 10/1/92 10/1/94 10/1/94 10/1/92 10/1/91 10/1/92 10/1/91 10/1/06 10/1/92 10/1/92 10/1/91 10/1/92 10/1/94 10/1/92 10/1/91 10/1/93 10/1/91 10/1/96 10/1/91 10/1/07 05/1/08 10/1/93 10/1/99 10/1/92 10/1/92 10/1/05 10/1/01 05/1/06 10/1/02 05/1/06 05/1/08 05/1/08 05/1/06 10/1/92 10/1/93 10/1/01 05/1/05 05/1/04 05/1/08 10/1/07 10/1/02 05/1/08 05/1/08 10/1/97 10/1/97 10/1/02 05/1/06 10/1/04 10/1/99 10/1/06 05/1/08 10/1/99 10/1/99 10/1/96 10/1/05 10/1/92 10/1/00 10/1/06 10/1/02 10/1/92 10/1/96 10/1/02 10/1/99 10/1/07 10/1/91 05/1/03 10/1/96 10/1/05 10/1/05 7 5 9 8 8 9 8 7 5 6 7 7 8 6 9 8 6 8 10 8 8 7 8 8 9 9 7 6 8 8 7 7 8 10 6 8 9 8 8 6 9 10 8 8 8 9 7 10 8 7 15 25 5 10 10 5 10 15 25 20 15 15 10 20 5 10 20 10 0 10 10 15 10 10 5 5 15 20 10 10 15 15 10 0 20 10 5 10 10 20 5 0 10 10 10 5 15 0 10 15 5 10 5 5 5 5 5 5 10 10 5 5 5 10 5 5 10 5 0 5 5 5 5 5 5 5 5 10 5 5 5 5 5 0 10 5 5 5 5 10 5 0 5 5 5 5 5 0 5 5 C C C C C C C C C C C C C C C C C C R C C C C C C C C C C C C C C R C C C C C C C R C C C C C R C C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 21 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 375360 370193 375361 385364 385365 390183 390038 390110 390412 390328 390378 390071 390176 390737 390472 390432 390460 390479 390131 390419 400220 400207 400078 400236 400234 400221 400252 400062 400049 400245 400211 400053 405380 405381 410137 410090 410043 410240 410008 410029 North Carolina (continued) Winston-Salem, City of Winterville, Town of Wrightsville Beach, Town of North Dakota Fargo, City of Grand Forks, City of Ohio Delta, Village ofFairfield, City of Highland Heights, City of Kettering, City of Licking County Medina County New Richmond, Village of Obetz, Village of Orange, Village of Ottawa, Village of Ottawa County Preble County Shelby, City of South Euclid, City of West Carrollton, City of Oklahoma Bartlesville, City ofBixby, Town of Blackwell, City of Broken Arrow, City of Chickasha, City ofDewey, City of Edmond, City of Enid, City of Lawton, City of Lindsay, City of Sand Springs, City of Sapulpa, City of Stillwater, City of Tulsa, City of Oregon Albany, City of Ashland, City of Bandon, City of Beaverton,City ofBenton County Cannon Beach, City of 10/1/93 10/1/93 10/1/91 05/1/06 10/1/91 10/1/92 10/1/93 10/1/91 10/1/95 10/1/93 05/1/07 10/1/92 10/1/96 10/1/91 10/1/95 10/1/92 10/1/98 10/1/92 10/1/91 05/1/02 10/1/92 10/1/93 10/1/91 10/1/93 10/1/92 10/1/92 10/1/93 10/1/93 10/1/91 10/1/92 10/1/91 10/1/92 10/1/91 10/1/91 10/1/91 10/1/91 05/1/05 10/1/91 10/1/02 10/1/94 05/1/08 10/1/97 05/1/08 05/1/06 10/1/01 10/1/92 10/1/98 10/1/92 10/1/00 10/1/97 05/1/07 10/1/02 10/1/96 10/1/91 10/1/95 10/1/92 10/1/98 10/1/92 10/1/91 05/1/02 10/1/02 10/1/98 10/1/93 10/1/03 10/1/92 10/1/92 10/1/93 10/1/93 10/1/04 10/1/93 10/1/06 10/1/93 10/1/06 10/1/03 10/1/06 10/1/07 05/1/05 10/1/94 10/1/07 10/1/99 8 10 8 7 5 9 8 10 8 8 9 8 9 9 9 9 9 9 9 9 7 10 8 8 9 9 9 9 7 10 6 10 8 2 7 7 9 10 6 7 10 0 10 15 25 5 10 0 10 10 5 10 5 5 5 5 5 5 5 5 15 0 10 10 5 5 5 5 15 0 20 0 10 40 15 15 5 0 20 15 5 0 5 5 10 5 5 0 5 5 5 5 5 5 5 5 5 5 5 5 5 0 5 5 5 5 5 5 5 0 10 0 5 10 5 5 5 0 10 5 C R C C C C C R C C C C C C C C C C C C C R C C C C C C C R C R C C C C C R C C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 22 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 410092 415588 410009 410059 410122 410108 410175 415589 410154 410096 410064 410200 410021 410186 410183 410201 410098 410067 410167 410039 410144 410257 410213 410100 410202 410196 410021 420339 422034 420714 421062 421134 420380 420735 420642 420612 420613 420831 420687 422105 421040 425384 421020 420754 420739 421024 421026 425387 Oregon (continued) Central Point, City of Clackamas County Corvallis, City ofDouglas County Eugene, City of Grants Pass, City of Heppner, City of Jackson County Marion County Medford, City ofMyrtle Creek, City of Nehalam, City of Oregon City, City ofPolk County Portland, City of Rockaway Beach, City of Rogue River, City of Roseburg, City of Salem, City of Scappoose, City of Scio, City of Sheridan, City of Stanfield, City of Talent, City of Tillamook, City of Tillamook County Troutdale, City of Pennsylvania Bloomsburg, Town ofChapman, Township of Danville, Borough of Etna, Borough of Granville, Township of Harrisburg,City of Herndon, Borough ofJersey Shore, Borough of Kingston, Borough ofKingston, Township of Lewisburg, Borough of Lewistown, Borough of Limestone, Township of Loyalsock, Township of Milton, Borough of Monroe, Township of Newport, Borough of Northumberland, Borough of Penn, Township of Point, Township of Selinsgrove, Borough of 10/1/92 10/1/04 10/1/91 10/1/00 10/1/91 10/1/92 05/1/06 10/1/91 04/1/01 10/1/94 05/1/03 10/1/03 10/1/03 10/1/91 10/1/01 10/1/04 10/1/92 10/1/94 05/1/08 10/1/93 05/1/04 10/1/01 10/1/91 10/1/00 10/1/06 04/1/01 05/1/08 10/1/93 10/1/07 10/1/06 10/1/96 10/1/93 10/1/91 10/1/07 10/1/93 10/1/92 10/1/92 10/1/93 10/1/93 10/1/93 10/1/94 10/1/92 10/1/07 10/1/94 10/1/07 10/1/07 10/1/07 10/1/07 05/1/02 10/1/04 10/1/01 10/1/00 10/1/01 05/1/02 05/1/06 05/1/02 05/1/07 10/1/94 05/1/08 05/1/08 05/1/08 10/1/01 10/1/07 10/1/04 05/1/02 10/1/99 05/1/08 05/1/08 05/1/04 10/1/01 10/1/03 05/1/06 10/1/06 04/1/01 05/1/08 10/1/03 10/1/07 10/1/06 05/1/04 10/1/93 05/1/06 10/1/07 10/1/93 10/1/92 04/1/93 10/1/03 10/1/93 10/1/98 04/1/01 05/1/08 10/1/07 10/1/94 10/1/07 10/1/07 10/1/07 10/1/07 7 5 7 8 7 8 8 7 6 9 10 7 7 8 5 8 7 8 8 7 9 8 8 9 8 6 8 8 9 8 8 9 6 8 9 9 10 8 9 10 10 8 9 9 8 8 8 7 15 25 15 10 15 10 10 15 20 5 0 15 15 10 25 10 15 10 10 15 5 10 10 5 10 20 10 10 5 10 10 5 20 10 5 5 0 10 5 0 0 10 5 5 10 10 10 15 5 10 5 5 5 5 5 5 10 5 0 5 5 5 10 5 5 5 5 5 5 5 5 5 5 10 5 5 5 5 5 5 10 5 5 5 0 5 5 0 0 5 5 5 5 5 5 5 C C C C C C C C C C R C C C C C C C C C C C C C C C C C C C C C C C C C R C C R R C C C C C C C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 23 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 421101 420743 420834 420372 420745 421119 420631 445401 445402 445404 440022 450002 450262 450026 450025 450029 455412 455413 450056 455414 450078 455415 450087 450091 450089 450250 455416 450257 450129 450039 450040 455417 450109 450042 450110 450255 450166 450043 450170 450249 450256 455418 450184 450182 Pennsylvania (continued) Shaler, Township of Sunbury, City of Union, Township of Upper Allen, Township of Upper Augusta, Township of Upper St. Clair, Township of Wilkes-Barre, City of Rhode Island Middletown, Town of Narragansett, Town ofNorth Kingstown, Town of Pawtucket, City ofSouth Carolina Aiken County Awendaw, Town of Beaufort, City of Beaufort County Berkeley County Charleston, City ofCharleston County Colleton County Edisto Beach,Town of Florence, City of Folly Beach, Township of Georgetown, City ofGreenville, City of Greenville County Hilton Head Island, Town of Isle of Palms, City of Kiawah Island, Town of Lexington County McClellanville, Town of Meggett, City of Mount Pleasant, City of Myrtle Beach, City of North Charleston, City of North Myrtle Beach, Town of Pawley’s Island, Town of Pickens County Ravenel, Town of Richland County Rockville, Town of Seabrook Island, Town of Sullivans Island, Town of Sumter, City of Sumter County 10/1/94 10/1/07 10/1/93 10/1/92 10/1/07 10/1/98 10/1/92 10/1/91 10/1/92 10/1/93 10/1/02 10/1/93 10/1/96 10/1/92 10/1/91 05/1/08 10/1/93 10/1/95 05/1/05 10/1/92 10/1/91 10/1/96 10/1/93 10/1/91 10/1/93 10/1/91 10/1/94 10/1/96 10/1/91 10/1/00 10/1/96 10/1/94 10/1/91 05/1/03 10/1/91 10/1/05 04/1/99 10/1/96 10/1/95 10/1/98 10/1/95 05/1/04 10/1/92 10/1/92 10/1/04 10/1/07 10/1/98 10/1/97 10/1/07 10/1/03 05/1/08 04/1/00 10/1/07 10/1/93 10/1/07 10/1/93 10/1/05 05/1/08 10/1/07 05/1/08 05/1/05 10/1/05 05/1/07 10/1/96 10/1/97 10/1/01 10/1/03 10/1/04 10/1/03 10/1/97 10/1/04 10/1/00 10/1/07 10/1/07 10/1/05 10/1/01 05/1/03 10/1/07 10/1/97 05/1/07 05/1/04 10/1/05 10/1/95 10/1/05 10/1/00 05/1/04 10/1/92 10/1/92 8 8 10 10 8 8 7 8 8 9 10 9 6 8 7 9 7 5 7 8 8 8 8 7 8 6 7 6 8 7 6 8 5 7 7 8 8 6 9 6 6 8 9 9 10 10 0 0 10 10 15 10 10 5 0 5 20 10 15 5 15 25 15 10 10 10 10 15 10 20 15 20 10 15 20 10 25 15 15 10 10 20 5 20 20 10 5 5 5 5 0 0 5 5 5 5 5 5 0 5 10 5 5 5 5 10 5 5 5 5 5 5 5 10 5 10 5 5 10 5 10 5 5 5 5 10 5 10 10 5 5 5 C C R R C C C C C C R C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 24 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 465420 470211 470182 470176 475425 470105 475426 470059 470184 475433 475434 470070 470040 470100 475448 485454 480624 481193 485456 480289 480586 480082 485459 480167 485462 480484 480170 485464 480171 480291 480194 480774 480173 480214 485468 485471 485472 480287 480296 480601 485481 485487 485488 480195 480452 South Dakota Rapid City, City ofTennessee Athens, City of Bristol, City of Carthage, City of Elizabethton, City ofFayetteville, City of Gatlinburg, City of Humboldt, City of Kingsport, City of Knox County Knoxville, City of Morristown, City ofNashville, City of & Davidson County Ripley, Town of Spring City, Town of Texas Arlington, City of Austin, City of Bastrop County Baytown, City ofBellaire, City of Benbrook, City ofBryan, City of Burleson, City of Carrollton, City of Cleburne, City of Conroe, City of Coppell, City of Corpus Christi, City of Dallas, City of Deer Park, City of Denton, City of Denton County Duncanville, City of El Paso, City of Friendswood, City of Garland, City of Grand Prairie, City of Harris County Houston, City of Hurst, City of Kemah, City of LaPorte, City of League City, City of Lewisville, City of Lubbock, City of 10/1/92 10/1/93 05/1/06 10/1/92 10/1/93 10/1/92 10/1/93 10/1/93 10/1/92 10/1/02 10/1/92 10/1/92 10/1/91 10/1/91 10/1/92 10/1/91 10/1/91 10/1/04 10/1/91 10/1/93 10/1/91 10/1/95 10/1/91 10/1/91 10/1/92 10/1/92 10/1/93 10/1/91 10/1/91 10/1/00 10/1/91 10/1/92 10/1/91 10/1/91 10/1/91 10/1/91 10/1/91 05/1/04 05/1/02 10/1/92 10/1/92 10/1/99 10/1/92 10/1/91 10/1/92 10/1/02 10/1/93 10/1/07 10/1/02 10/1/93 10/1/93 10/1/93 10/1/96 10/1/97 10/1/02 10/1/06 10/1/93 10/1/06 10/1/96 10/1/97 05/1/05 10/1/06 10/1/04 05/1/06 10/1/93 10/1/06 05/1/08 05/1/07 10/1/01 10/1/92 05/1/02 10/1/03 10/1/91 05/1/02 10/1/00 05/1/07 10/1/93 10/1/01 10/1/91 10/1/03 10/1/97 05/1/05 05/1/04 10/1/07 10/1/02 10/1/00 10/1/99 10/1/92 10/1/96 10/1/93 8 9 8 8 9 10 9 10 10 9 8 10 8 10 10 8 7 8 6 9 6 7 8 7 9 7 8 9 7 9 6 10 8 9 5 7 7 8 6 8 5 8 9 7 8 10 5 10 10 5 0 5 0 0 5 10 0 10 0 0 10 15 10 20 5 20 15 10 15 5 15 10 5 15 5 20 0 10 5 25 15 15 10 20 10 25 10 5 15 10 5 5 5 5 5 0 5 0 0 5 5 0 5 0 0 5 5 5 10 5 10 5 5 5 5 5 5 5 5 5 10 0 5 5 10 5 5 5 10 5 10 5 5 5 5 C C C C C R C R R C C R C R R C C C C C C C C C C C C C C C C R C C C C C C C C C C C C C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 25 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 480477 485491 480607 480206 480307 480077 480140 485499 480184 485505 485507 480502 485513 481585 480662 490039 490074 490040 490019 490072 490214 490216 490159 490178 490177 490052 500013 500126 505518 510001 515519 515520 510134 510002 515525 510054 510071 510201 510090 510104 510183 515529 510119 510130 Texas (continued) Midland, City of Nassau Bay, City ofNorth Richland Hills, City of Odessa, City of Pasadena, City of Pearland, City of Plano, City of Port Arthur, City of Richardson, City ofSan Marcos, City of Seabrook, City ofSweetwater, City ofTaylor Lake Village, City of Tiki Island, Village of Wichita Falls, City of Utah Bountiful, City ofCedar City, City of Centerville, City of Logan, City of Moab, City of North Ogden, City of Orem, City of Provo, City of Santa Clara, Town of St. George, City of West Bountiful, City of Vermont Bennington, Town of Brattleboro, Town of Montpelier, City ofVirginia Accomack County Alexandria, City of Arlington County Bridgewater, Town of Chincoteague, City of Fairfax County Falls Church, City of Gloucester County James City County Loudoun County Norfolk, City ofPoquoson, City ofPortsmouth, City ofPrince William County Roanoke, City of 10/1/92 10/1/92 10/1/91 10/1/92 10/1/91 05/1/05 10/1/92 10/1/91 10/1/91 10/1/92 10/1/02 10/1/91 10/1/96 10/1/01 10/1/91 10/1/91 10/1/94 05/1/02 10/1/93 04/1/01 10/1/93 10/1/93 10/1/91 10/1/95 10/1/94 10/1/96 10/1/93 10/1/91 10/1/98 10/1/92 10/1/92 10/1/92 10/1/96 10/1/00 10/1/93 05/1/07 10/1/95 10/1/92 10/1/92 10/1/92 10/1/92 10/1/92 10/1/96 10/1/96 10/1/94 10/1/94 10/1/99 10/1/02 10/1/92 05/1/05 10/1/03 10/1/91 10/1/97 10/1/02 10/1/02 05/1/08 05/1/02 05/1/06 10/1/07 10/1/91 10/1/96 05/1/08 10/1/03 10/1/06 05/1/03 05/1/08 10/1/96 10/1/95 05/1/04 10/1/96 10/1/93 10/1/91 10/1/98 10/1/96 10/1/02 10/1/92 05/1/06 10/1/03 10/1/03 05/1/07 10/1/95 10/1/92 05/1/03 10/1/92 10/1/97 10/1/00 10/1/01 05/1/03 8 8 7 8 10 8 6 9 8 7 9 9 8 8 8 9 10 9 8 8 8 7 8 9 7 9 9 9 9 8 8 9 8 8 8 8 9 9 10 9 9 9 8 8 10 10 15 10 0 10 20 5 10 15 5 5 10 10 10 5 0 5 10 10 10 15 10 5 15 5 5 5 5 10 10 5 10 10 10 10 5 5 0 5 5 5 10 10 5 5 5 5 0 5 10 5 5 5 5 5 5 5 5 5 0 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 0 5 5 5 5 5 C C C C R C C C C C C C C C C C R C C C C C C C C C C C C C C C C C C C C C R C C C C C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 26 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 510190 510053 510005 510182 530073 530074 530153 530103 530104 530024 530051 530200 530140 530166 530079 530071 530156 530102 530316 530169 530158 530085 530143 530138 530088 530151 535534 530090 530173 530204 530188 530193 530198 530217 540199 540065 540004 550001 550612 550128 550578 550022 555562 550085 550487 Virginia (continued) Roanoke County Vienna, Town of Wachapreague, Town of York County Washington Auburn, City of Bellevue, City ofBurlington, City of Centralia, City of Chehalis, City of Clark County Ephrata, City of Everson, City ofFife, City of Index, Town of Issaquah, City ofKing County La Conner, Town of Lewis County Lower Elwha Klallam Tribe Monroe, City of Mount Vernon, City of North Bend, City ofOrting, City of Pierce County Renton, City of Skagit County Snohomish County Snoqualmie, City ofSultan, City of Sumas, City of Thurston County Wahkiakum County Whatcom County Yakima County West Virginia Buckhannon, City ofJefferson County Philippi, City of Wisconsin Adams County Allouez, Village of Eau Claire, City of Elm Grove, Village ofGreen Bay, City of La Crosse, City ofMazomanie, Village ofNew Berlin, City of 10/1/91 10/1/96 10/1/96 10/1/05 10/1/92 10/1/92 10/1/94 10/1/94 10/1/94 10/1/04 10/1/00 10/1/94 05/1/06 04/1/98 10/1/92 10/1/91 10/1/96 10/1/94 10/1/00 10/1/91 05/1/97 10/1/95 05/1/08 10/1/95 10/1/94 04/1/98 05/1/06 10/1/92 10/1/03 10/1/93 10/1/00 10/1/07 10/1/96 10/1/07 05/1/07 10/1/06 05/1/03 10/1/91 10/1/92 10/1/91 04/1/01 10/1/91 10/1/91 10/1/91 10/1/05 10/1/06 10/1/96 10/1/96 10/1/05 05/1/08 05/1/06 04/1/99 10/1/99 05/1/04 10/1/04 10/1/00 10/1/99 05/1/06 05/1/08 05/1/08 10/1/07 10/1/97 10/1/99 05/1/05 05/1/06 10/1/07 05/1/06 05/1/08 05/1/08 10/1/99 10/1/06 05/1/06 05/1/02 05/1/08 05/1/08 10/1/00 10/1/07 10/1/06 10/1/07 05/1/07 10/1/06 05/1/03 05/1/07 10/1/02 10/1/01 10/1/06 10/1/01 10/1/02 10/1/91 10/1/05 8 9 9 9 5 5 6 7 6 7 8 8 7 6 5 2 8 7 7 5 7 6 7 3 7 5 5 5 7 7 5 8 6 8 8 9 8 8 7 8 6 7 8 9 8 10 5 5 5 25 25 20 15 20 15 10 10 15 20 25 40 10 15 15 25 15 20 15 35 15 25 25 25 15 15 25 10 20 10 10 5 10 10 15 10 20 15 10 5 10 5 5 5 5 10 10 10 5 10 5 5 5 5 10 10 10 5 5 5 10 5 10 5 10 5 10 10 10 5 5 10 5 10 5 5 5 5 5 5 5 10 5 5 5 5 C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 27 May 1, 2008 COMMUNITY RATING SYSTEM ELIGIBLE COMMUNITIES COMMUNITY NUMBER COMMUNITY NAME CRS ENTRY CURRENT EFFECTIVE CURRENT CLASS % DISCOUNT FOR % DISCOUNT FOR STATUS3 DATE DATE SFHA1 NON-SFHA2 550310 550660 550107 550108 550537 560037 560030 560013 560029 560085 560044 Wisconsin (continued) Ozaukee County Suamico, Village ofWatertown, City ofWaupun, City of Winnebago County Wyoming Casper, City of Cheyenne, City ofDouglas, City of Laramie County Park County Sheridan, City of 10/1/91 05/1/08 10/1/91 10/1/91 10/1/91 10/1/00 05/1/03 10/1/93 05/1/03 10/1/91 10/1/95 10/1/07 05/1/08 10/1/07 10/1/01 10/1/01 10/1/00 05/1/03 10/1/93 05/1/03 10/1/96 10/1/95 8 8 7 8 8 9 7 9 8 10 9 10 10 15 10 10 5 15 5 10 0 5 5 5 5 5 5 5 5 5 5 0 5 C C C C C C C C C R C 1For the purpose of determining CRS discounts, all AR and A99 zones are treated as non-SFHAs. 2Increase in discount for Classes 1-6 effective May 1, 2001. See table on page CRS 1. 3Status: C = Current, R = Rescinded CRS 28 May 1, 2008 GUIDANCE FOR SEVERE REPETITIVE LOSS PROPERTIES I. GENERAL DESCRIPTION The primary objective of the severe repetitive loss (SRL) properties strategy is to eliminate or reduce the damage to property and the disruption to life caused by repeated flooding. Approximately 8,300 insured properties have been identified with a high frequency of losses or a high value of claims. As these policies come up for renewal, they should be transferred to the NFIP Servicing Agent’s Special Direct Facility (SDF). The close supervision the SDF provides the group of policies and the attention the group of properties receives when mitigation decisions are made contribute to attaining the strategy’s primary objective. The SRL group consists of any NFIP insured property that has met at least one of the following paid flood loss criteria since 1978, regardless of ownership: 1. Four or more separate claim payments of more than $5,000 each (including building and contents payments); or 2. Two or more separate claim payments (building payments only) where the total of the payments exceeds the current value of the property. In either case, two of the claim payments must have occurred within 10 years of each other. Multiple losses at the same location within 10 days of each other are counted as one loss, with the payment amounts added together. The loss history includes all ownership of the property since 1978 or since the building’s construction if built after 1978. Severe repetitive loss properties with renewal dates of January 1, 2007, and later will be afforded coverage (new business or renewal) only through the SDF. The agent of record will remain in that capacity while the policy is in the SDF. The NFIP Servicing Agent will pay the agent of record the standard 15 percent commission that is paid on all NFIP Direct business. II. NOTIFICATION REQUIREMENTS Policies that renew on or after January 1, 2007, and meet the criteria for severe repetitive loss will be transferred to the SDF for policy issuance. Any policy that meets the SRL criteria during the current term will be transferred to the SDF with the subsequent renewal. As requests for review (discussed in “III. Dispute Resolution” below) are successful, and FEMA or its designee approves properties for mitigation, policies will be transferred out of the SDF. When policies are to be transferred to the SDF, the NFIP Bureau and Statistical Agent will notify WYO companies and the NFIP Servicing Agent at least 150 days prior to the expiration date. The companies will notify the affected policyholders, their agents, and their lenders 90 days before expiration of the policy. This notice will explain that the policies are ineligible for coverage outside of the SDF. (See agent, lender, and policyholder notification letters, pages SRL 3-8) Offers to renew will be issued by the SDF approximately 45 days prior to the expiration date. Policies with effective dates on or after November 1, 2006, that are currently written through the SDF as part of the Repetitive Loss Target Group program, but do not match the loss characteristics of the SRL group, will be identified by the NFIP Bureau and Statistical Agent and the SDF. The SDF will notify the policyholder, agent, and lender at least 90 days prior to the renewal date informing them that the flood insurance policy must be issued through a WYO company or the NFIP Servicing Agent. III. DISPUTE RESOLUTION When a policyholder has documentation that the NFIP-insured property has not sustained the losses reported, a request for review may be presented, in writing, to the NFIP Bureau and Statistical Agent. All documentation to substantiate the review must be included with the request letter. The policy will remain in the SDF during the review. The policyholder and agent will be notified of the results of the review. If the policyholder’s request for review is successful, the SDF policy will be canceled and the full premium will be returned to the former carrier. The carrier will write the policy using the SDF’s effective dates. If, however, a loss occurs both in the current term and before the policy can be returned to the former carrier, the SDF will continue to service the claim and will return the policy at the next renewal cycle, unless the new claim qualifies the property for the SDF. SRL 1 May 1, 2008 IV. MITIGATION Outside of the request for review process, when mitigation efforts (other than buyout or demolition) such as elevation, relocation, or other approved mitigation efforts are approved by FEMA, the property will be removed from the SDF at the next renewal. If the property is bought out or demolished under an approved FEMA mitigation project, and the efforts for the specific property are FEMA approved, the policy will be canceled and the pro- rata premium (less Federal Policy Fee and, if applicable, Probation Surcharge) will be refunded. When a property is bought out or demolished, any commission chargeback to the agent will be forgiven. SRL 2 May 1, 2008 U.S. Department of Homeland Security 500 C Street, SW Washington, DC 20472 IMPORTANT FLOOD INSURANCE POLICY INFORMATION Insured’s Name: Property Address: Policy Number: Dear Agent: As you may be aware, your client’s property, which is covered by flood insurance, has experienced repetitive flood losses under FEMA’s National Flood Insurance Program (NFIP). This letter is to inform you that your client’s property meets the criteria for a new subset of repetitive loss structures: insured properties with a high frequency of losses or a high value of claims. These properties are designated Severe Repetitive Loss (SRL) properties. Congress recognized that SRL properties represent the greatest risk of sustaining repeated flood losses and, through the Flood Insurance Reform Act of 2004 (FIRA 2004), made it a top priority to reduce the number of SRL properties nationwide. As of March 2006, FEMA has identified approximately 8,300 properties that meet the standard for SRL. The loss characteristics of an SRL property must meet one of the following criteria based on paid flood losses since 1978, regardless of ownership: (1) Four or more separate claim payments of more than $5,000 each (building and/or contents payments); or (2) Two or more separate claim payments (building payments only) where the total of the payments exceeds the current value of the property. In either case, two of the claim payments must have occurred within 10 years of each other. If there are multiple losses at the same location within 10 days of each other, they are counted as one loss, with the payment amounts added collectively. The strategy for reducing the number of SRL properties is twofold: First, the NFIP has centralized the processing of all flood insurance policies of SRL properties in order for FEMA to obtain additional underwriting information, verify loss information, and collect information about the flood risk to the SRL properties. Second, FEMA is implementing a new mitigation grant program authorized by FIRA 2004 to mitigate SRL properties. You need to be aware of the following: • The Write Your Own (WYO) Insurance Companies that sell and service flood insurance under the NFIP will assign flood insurance policies for SRL properties, upon renewal, to a centralized processing center operated by the NFIP’s Servicing Agent. This center is the Special Direct Facility (SDF). SRL 3 May 1, 2008 Agent Date Page 2 • As a result, your client’s policy will not be processed by the chosen WYO Company or by the traditional NFIP Direct Program. You will, however, continue to be the agent of record throughout the process. While the policy remains in the SDF, you will receive the same 15 percent commission that the NFIP Direct agents are given. • Approximately 45 days prior to the renewal date of the policy, your client will receive a premium bill from the NFIP Servicing Agent. This bill is the only bill that should be paid by your client. • For the time being, the SDF will be the only source for NFIP flood insurance coverage for your client’s property. As always, the full premium amount and any related fees should be paid by the date indicated. The policy sent to your client will meet all the requirements of any mortgage company to the same extent as the current policy. • You should encourage your client to continue to contact you directly for any service needs on the policy because you will remain the agent of record. • The NFIP provides a procedure for your client to follow if he or she believes that FEMA has incorrectly included his or her insured property on its list of SRL properties. The new mitigation grant program authorized by FIRA 2004 may provide Federal grant funds to pay for up to 75 percent (up to 90 percent if certain state mitigation floodplain requirements are met) of the cost of eligible mitigation activities, such as elevating your client’s NFIP-insured structure. Mitigated properties may qualify for reduced flood insurance rates. You should encourage your client to obtain additional information and refer them to the appropriate local floodplain manager or state hazard mitigation official. FEMA’s goal is to reduce the devastating effects of repetitive flood losses. If you have questions about this letter and the SRL procedures, please contact the NFIP Help Center by telephone at the toll-free number 1-866-395-7496. Sincerely, David I. Maurstad Assistant Administrator Mitigation Directorate SRL 4 May 1, 2008 U.S. Department of Homeland Security 500 C Street, SW Washington, DC 20472 IMPORTANT FLOOD INSURANCE POLICY INFORMATION Insured’s Name: Property Address: Policy Number: Dear Lender: As you may be aware, your client’s property, which is covered by flood insurance, has experienced repetitive flood losses under FEMA’s National Flood Insurance Program (NFIP). This letter is to inform you that your client’s property meets the criteria for a new subset of repetitive loss structures: insured properties with a high frequency of losses or a high value of claims. These properties are designated Severe Repetitive Loss (SRL) properties. Congress recognized that SRL properties represent the greatest risk of sustaining repeated flood losses and, through the Flood Insurance Reform Act of 2004 (FIRA 2004), made it a top priority to reduce the number of SRL properties nationwide. As of March 2006, FEMA has identified approximately 8,300 properties that meet the standard for SRL. The loss characteristics of an SRL property must meet one of the following criteria based on paid flood losses since 1978, regardless of ownership: (1) Four or more separate claim payments of more than $5,000 each (building and/or contents payments); or (2) Two or more separate claim payments (building payments only) where the total of the payments exceeds the current value of the property. In either case, two of the claim payments must have occurred within 10 years of each other. If there are multiple losses at the same location within 10 days of each other, they are counted as one loss, with the payment amounts added collectively. The strategy for reducing the number of SRL properties is twofold: First, the NFIP has centralized the processing of all flood insurance policies of SRL properties in order for FEMA to obtain additional underwriting information, verify loss information, and collect information about the flood risk to the SRL properties. Second, FEMA is implementing a new mitigation grant program authorized by FIRA 2004 to mitigate SRL properties. You need to be aware of the following: • The Write Your Own (WYO) Insurance Companies that sell and service flood insurance under the NFIP will assign flood insurance policies for SRL properties, upon renewal, to a centralized processing center operated by the NFIP’s Servicing Agent. This center is the Special Direct Facility (SDF). SRL 5 May 1, 2008 Lender Date Page 2 • As a result, your client’s policy will not be processed by the chosen WYO Company or by the traditional NFIP Direct Program. • Approximately 45 days prior to the renewal date of the policy, your client will receive a premium bill from the NFIP Servicing Agent. This bill is the only bill that should be paid by your client. • For the time being, the SDF will be the only source for NFIP flood insurance coverage for your client’s property. As always, the full premium amount and any related fees should be paid by the date indicated. The policy sent to your client will meet all the requirements of any mortgage company to the same extent as the current policy. • The NFIP provides a procedure for your client to follow if he or she believes that FEMA has incorrectly included his or her insured property on its list of SRL properties. The new mitigation grant program authorized by FIRA 2004 may provide Federal grant funds to pay for up to 75 percent (up to 90 percent if certain state mitigation floodplain requirements are met) of the cost of eligible mitigation activities, such as elevating your client’s NFIP-insured structure. Mitigated properties may qualify for reduced flood insurance rates. You should encourage your client to obtain additional information and refer them to the appropriate local floodplain manager or state hazard mitigation official. FEMA’s goal is to reduce the devastating effects of repetitive flood losses. If you have questions about this letter and the SRL procedures, please contact the NFIP Help Center by telephone at the toll-free number 1-866-395-7496. Sincerely, David I. Maurstad Assistant Administrator Mitigation Directorate SRL 6 May 1, 2008 U.S. Department of Homeland Security 500 C Street, SW Washington, DC 20472 IMPORTANT FLOOD INSURANCE POLICY INFORMATION Insured’s Name: Property Address: Policy Number: Dear Policyholder: As you may be aware, your property, which is covered by flood insurance, has experienced repetitive flood losses under FEMA’s National Flood Insurance Program (NFIP). This letter is to inform you that your property meets the criteria for a new subset of repetitive loss structures: insured properties with a high frequency of losses or a high value of claims. These properties are designated Severe Repetitive Loss (SRL) properties. Congress recognized that SRL properties represent the greatest risk of sustaining repeated flood losses and, through the Flood Insurance Reform Act of 2004 (FIRA 2004), made it a top priority to reduce the number of SRL properties nationwide. As of March 2006, FEMA has identified approximately 8,300 properties that meet the standard for SRL. The loss characteristics of an SRL property must meet one of the following criteria based on paid flood losses since 1978, regardless of ownership: (1) Four or more separate claim payments of more than $5,000 each (building and/or contents payments); or (2) Two or more separate claim payments (building payments only) where the total of the payments exceeds the current value of the property. In either case, two of the claim payments must have occurred within 10 years of each other. If there are multiple losses at the same location within 10 days of each other, they are counted as one loss, with the payment amounts added collectively. The strategy for reducing the number of SRL properties is twofold. First, the NFIP has centralized the processing of all flood insurance policies of SRL properties in order for FEMA to obtain additional underwriting information, verify loss information, and collect information about the flood risk to the SRL properties. Second, FEMA is implementing a new mitigation grant program authorized by FIRA 2004 to mitigate SRL properties. You need to be aware of the following: • The “Write Your Own” (WYO) Insurance Companies that sell and service flood insurance under the NFIP will assign flood insurance policies for SRL properties, upon renewal, to a centralized processing center operated by the NFIP’s Servicing Agent. This center is the Special Direct Facility (SDF). SRL 7 May 1, 2008 Policyholder Date Page 2 • As a result, your policy will not be processed by your chosen WYO Company or by the traditional NFIP Direct Program. Your agent, however, will continue to be the agent of record throughout the process. • Approximately 45 days prior to the renewal date of your policy, you will receive a premium bill from the NFIP Servicing Agent. This bill is the only bill that you should pay. • For the time being, the SDF will be the only source for NFIP flood insurance coverage for your property. As always, the full premium amount and any related fees should be paid by the date indicated. The policy sent to you will meet all the requirements of any mortgage company to the same extent as your current policy. • You may continue to contact your agent directly for any service needs on the policy because he or she will remain the agent of record. • The NFIP provides a procedure for you to follow if you believe that FEMA has incorrectly included your insured property on its list of SRL properties. The new mitigation grant program authorized by FIRA 2004 may provide Federal grant funds to pay for up to 75 percent (up to 90 percent if certain state mitigation floodplain requirements are met) of the cost of eligible mitigation activities, such as elevating your NFIP-insured structure. Mitigated properties may qualify for reduced flood insurance rates. To obtain additional information, please contact your local floodplain manager or state hazard mitigation official. FEMA’s goal is to reduce the devastating effects of repetitive flood losses. If you have questions about this letter and the SRL procedures, please contact the NFIP Help Center by telephone at the toll-free number 1-866-395-7496. Sincerely, David I. Maurstad Assistant Administrator Mitigation Directorate SRL 8 May 1, 2008 DEFINITIONS This list of terms is intended to include those that have specific meaning to the National Flood Insurance Program (NFIP). In a few instances, standard industry terms have been added for additional focus and emphasis. Act. The National Flood Insurance Act of 1968 and any amendments to it. Actual Cash Value (ACV). The cost to replace an insured item of property at the time of loss, less the value of its physical depreciation. Adjuster Control Office. An NFIP claims office similar to a Flood Insurance Claims Office (FICO) with the exception that the Adjuster Control Office does not house insured files, maintain a claims examiner staff at the site, or issue claim payments. Alternative Rating. A rating method used when a building is Pre-FIRM, the FIRM zone is unknown, and the community in which the building is located has no V zones. May also be used for renewal of policies in communities that have converted from the Emergency Program to the Regular Program during a policy’s term. Anchored. Adequately secured to prevent flotation, collapse, or lateral movement. Application. The statement made and signed by the prospective policyholder or the agent in applying for an NFIP flood insurance policy. The application gives information used to determine the eligibility of the risk, the kind of policy to be issued, and the correct premium payment. The application is part of the flood insurance policy. For a policy to be issued, the correct premium payment must accompany the application. Appurtenant Structure. A detached garage servicing a 1-4 family dwelling. Assignment. The transfer by a policyholder of his/her legal right or interest in a policy contract to a third party. In the NFIP, written assignment of a policy is permissible upon transfer of title, without the consent of the Federal Emergency Management Agency (FEMA), except in the case where a residential (household) contents-only policy is involved or a policy was issued to cover a building in the course of construction. Base Flood. A flood having a 1 percent chance of being equaled or exceeded in any given year. Base Flood Depth (BFD). The depth shown on the Flood Insurance Rate Map for Zone AO that indicates the depth of water above highest adjacent grade resulting from a flood that has a 1 percent chance of equaling or exceeding that level in any given year. Base Flood Elevation (BFE). The elevation shown on the Flood Insurance Rate Map for Zones AE, AH, A1-A30, AR, AR/A, AR/AE, AR/A1-A30, AR/AH, AR/AO, V1-V30, and VE that indicates the water surface elevation resulting from a flood that has a one percent chance of equaling or exceeding that level in any given year. Basement. Any area of the building, including any sunken room or sunken portion of a room, having its floor below ground level (subgrade) on all sides. Binder or Certificate of Insurance. A temporary agreement between company, producer, and insured that the policy is in effect. The NFIP does not recognize binders. However, the NFIP recognizes Certificates of Insurance for renewal policies. Blanket Insurance. A single amount of insurance applying to more than one building and/or contents. Blanket insurance is not permitted under the NFIP. Breakaway Wall. A wall that is not part of the structural support of the building and is intended through its design and construction to collapse under specific lateral loading forces, without causing damage to the elevated portion of the building or supporting foundation system. Building. • A structure with two or more outside rigid walls and a fully secured roof, that is affixed to a permanent site; or • A manufactured home (a “manufactured home,” also known as a mobile home, is a structure built on a permanent chassis, transported to its site in one or more sections, and affixed to a permanent foundation); or • A travel trailer without wheels, built on a chassis and affixed to a permanent foundation, that is regulated under the community’s floodplain management and building ordinances or laws. “Building” does not mean a gas or liquid storage tank or a recreational vehicle, park trailer, or other similar vehicle, except as described above. DEF 1 May 1, 2008 Building in the Course of Construction. A walled and roofed building (see page GR 4 for exception) that is principally above ground and affixed to a permanent site. It does not include building materials or supplies intended for use in construction, alteration, or repair unless such materials or supplies are within an enclosed building on the premises. Cancellation. The ending of the insurance coverage provided by a policy before the expiration date. Cistern. Covered cisterns and the water in them are defined as an integral part of an insurable building, meaning under the building or above ground and physically attached to a side of the building with one of the walls of the building and cistern being common to each other. Claims Coordinating Office (CCO). A clearinghouse for the various insurers who are responding to a multi-peril catastrophe. Through voluntary participation, all losses are reported to the Claims Coordinating Office and are processed to locate address matches among the reported claims. The interest of each carrier is protected as the Claims Coordinator maintains sole control over the policy and loss information. If a match is found, special care is taken to direct the assigned adjuster(s) to a mutually agreeable adjustment or to have one adjuster surrender his/her loss with the assurance that every effort will be made to replace it. Closed Basin Lake. A natural lake from which water leaves primarily through evaporation and whose surface area exceeds or has exceeded 1 square mile at any time in the recorded past. NFIP-insured buildings that are subject to continuous lake flooding from a closed basin lake are covered under the provisions of Standard Flood Insurance Policy. Coastal Barrier. A naturally occurring island, sandbar, or other strip of land, including coastal mainland, that protects the coast from severe wave wash. Coastal Barrier Improvement Act of 1990 (CBIA). Enacted on November 16, 1990, the Act greatly expanded the identified land in the Coastal Barrier Resources System established pursuant to the Coastal Barrier Resources Act of 1982. Coastal Barrier Resources Act of 1982 (CBRA). For the purposes of the NFIP, the Coastal Barrier Resources Act of 1982 designated certain portions of the Gulf and East Coasts as undeveloped coastal barriers. These areas are shown on appropriate flood insurance map panels and have certain coverage restrictions. Coastal Barrier Resources System (CBRS). Communities, coastal barriers, and other protected areas identified by the Department of the Interior legislation defined above. Coastal High Hazard Areas. Special Flood Hazard Areas along the coasts that have additional hazards due to wind and wave action. These areas are identified on Flood Insurance Rate Maps as Zones V, V1-V30, and VE. Coinsurance. A penalty imposed on the loss payment unless the amount of insurance carried on the damaged building is at least 80 percent of its replacement cost or the maximum amount of insurance available for that building under the NFIP, whichever is less. Coinsurance applies only to building coverage under the Residential Condominium Building Association Policy. Community. A political entity that has the authority to adopt and enforce floodplain ordinances for the area under its jurisdiction. Community Number. A 6-digit designation identifying each NFIP community. The first two numbers are the state code. The next four are the FEMA-assigned community number. An alphabetical suffix is added to a community number to identify revisions in the Flood Insurance Rate Map for that community. Community Rating System (CRS). A program developed by FEMA to provide incentives for those communities in the Regular Program that have gone beyond the minimum floodplain management requirements to develop extra measures to provide protection from flooding. Condominium. That form of ownership of real property in which each unit owner has an undivided interest in common elements. Condominium Association. The entity made up of the unit owners responsible for the maintenance and operation of: • Common elements owned in undivided shares by unit owners; • Other real property in which the unit owners have use rights; where membership in the entity is a required condition of unit ownership. Contract Agent. An employee of a WYO Company, or an agent under written contract with a WYO Company, empowered to act on the company’s behalf and with authority to advise an DEF 2 May 1, 2008 applicant for flood insurance that the company will accept the risk. Countywide Map. A Flood Insurance Rate Map that shows flooding information for the entire geographic area of a county, including the incorporated communities within the county. Date of Construction. The date that the building permit was issued, provided the actual start of construction, repair, reconstruction, or improvement was within 180 days of the permit date. Declarations Page. A computer-generated summary of information provided by the prospective policyholder in the application for flood insurance. The Declarations Page also describes the term of the policy and the limits of coverage and displays the premium and the insurer’s name. The Declarations Page is a part of the flood insurance policy. Deductible Buyback. The option whereby, for an additional premium, policyholders who wish to reduce their deductibles from the standard deductibles of $1,000 per building loss and per contents loss for Pre-FIRM risks may purchase separate $500 deductibles for building and contents coverages. Described Location. The location where the insured building or personal property is found. The described location is shown on the Declarations Page. Diagram Number. Any of the numbers used in the instructions to the FEMA Elevation Certificate to identify the diagrams of the eight main types of buildings. Direct Physical Loss By or From Flood. Loss or damage to insured property, directly caused by a flood. There must be evidence of physical changes to the property. Doublewide Manufactured (Mobile) Home. A manufactured (mobile) home that, when assembled as a nonmovable, permanent building, is at least 16 feet wide and has an area within its perimeter walls of at least 600 square feet. Dwelling. A building designed for use as a residence for no more than four families or a single- family unit in a building under the condominium form of ownership. Dwelling Form. See “Standard Flood Insurance Policy–Dwelling Form.” Elevated Building. A building that has no basement and that has its lowest elevated floor raised above ground level by foundation walls, shear walls, posts, piers, pilings, or columns. Solid perimeter foundations walls are not an acceptable means of elevating buildings in V and VE zones. Emergency Program. The initial phase of a community’s participation in the National Flood Insurance Program. During this phase, only limited amounts of insurance are available under the Act. Enclosure. That portion of an elevated building below the lowest elevated floor that is either partially or fully shut in by rigid walls. Erosion. The collapse, undermining, or subsidence of land along the shore of a lake or other body of water. Erosion is a covered peril if it is caused by waves or currents of water exceeding their cyclical levels which result in flooding. Expense Constant. A flat fee formerly charged on each new and renewal policy, the Expense Constant was eliminated effective May 1, 2003, and no longer affects the premium calculation for new and renewal business. However, the Expense Constant may affect the calculation of refunds going back prior to May 1, 2003, for policy cancellations and endorsements. Federal Emergency Management Agency (FEMA). The federal agency under which the National Flood Insurance Program (NFIP) is administered. In March 2003, FEMA became part of the newly created U.S. Department of Homeland Security. Federal Policy Fee. A flat charge that the policyholder must pay on each new or renewal policy to defray certain administrative expenses incurred in carrying out the National Flood Insurance Program. Financial Assistance/Subsidy Arrangement. The arrangement between an insurance company and FEMA to initiate the company’s participation in the Write Your Own (WYO) Program. It establishes the duties of the company and the government. Finished (Habitable) Area. An enclosed area having more than 20 linear feet of finished walls (paneling, etc.) or used for any purpose other than solely for parking of vehicles, building access, or storage. DEF 3 May 1, 2008 Flood. • A general and temporary condition of partial or complete inundation of two or more acres of normally dry land area or of two or more properties (at least one of which is the policyholder’s property) from: – Overflow of inland or tidal waters; – Unusual and rapid accumulation or runoff of surface waters from any source; or – Mudflow; or • Collapse or subsidence of land along the shore of a lake or similar body of water as a result of erosion or undermining caused by waves or currents of water exceeding anticipated cyclical levels that result in a flood as defined above. Flood Hazard Boundary Map (FHBM). Official map of a community issued by FEMA, where the boundaries of the flood, mudflow, and related erosion areas having special hazards have been designated. Flood Insurance Claims Office (FICO). An NFIP claims processing office set up in a catastrophe area when a sufficient number of flood claims result from a single event. Flood Insurance Rate Map (FIRM). Official map of a community on which FEMA has delineated both the special hazard areas and the risk premium zones applicable to the community. Flood Response Office (FRO). The FRO provides a local presence in the affected area and supports the WYO companies, the NFIP Servicing Agent, and various federal, state, and local officials in providing answers to claims coverage questions, forms for claims handling, and survey and statistical input. One of the key requirements of personnel at the FRO is to coordinate and conduct reinspections of WYO and NFIP Direct losses. The FRO also tracks adjuster performance and provides such information to interested WYO and NFIP Direct companies. Floodplain. Any land area susceptible to being inundated by flood waters from any source. Floodplain Management. The operation of an overall program of corrective and preventive measures for reducing flood damage, including but not limited to, emergency preparedness plans, flood control works, and floodplain management regulations. Floodproofing. Any combination of structural and nonstructural additions, changes, or adjustments to structures, which reduce or eliminate risk of flood damage to real estate or improved real property, water and sanitation facilities, or structures with their contents. Freeboard. An additional amount of height above the Base Flood Elevation used as a factor of safety (e.g., 2 feet above the Base Flood) in determining the level at which a structure's lowest floor must be elevated or floodproofed to be in accordance with State or community floodplain management regulations. General Property Form. See “Standard Flood Insurance Policy–General Property Form.” Grade Elevation. The lowest or highest finished ground level that is immediately adjacent to the walls of the building. Use natural (preconstruction), ground level, if available, for Zone AO and Zone A (without BFE). Grandfathering. An exemption based on circumstances previously existing. Under the NFIP, buildings located in Emergency Program communities and Pre–FIRM buildings in the Regular Program are eligible for subsidized flood insurance rates. Post–FIRM buildings in the Regular Program built in compliance with the floodplain management regulations in effect at the start of construction will continue to have favorable rate treatment even though higher base flood elevations or more restrictive, greater risk zone designations result from FIRM revisions. Group Flood Insurance. Issued by the NFIP Direct Program in response to a Presidential disaster declaration. Disaster assistance applicants, in exchange for a modest premium, receive a minimum amount of building and/or contents coverage for a 3-year policy period. An applicant may cancel the group policy at any time and secure a regular Standard Flood Insurance Policy through the NFIP. High-Rise Building. High-rise condominium buildings have five or more units and at least three floors excluding enclosure even if it is the lowest floor for rating purposes. An enclosure below an elevated building, even if it is the lowest floor for rating purposes, cannot be counted as a floor to avoid classifying the building as low rise. Historic Building. Any building that is: • Listed individually in the National Register of Historic places (a listing maintained by the Department of the Interior) or preliminarily determined by the Secretary of the Interior DEF 4 May 1, 2008 as meeting the requirements for individual listing on the National Register; or • Certified or preliminarily determined by the Secretary of the Interior as contributing to the historical significance of a registered historic district or a district preliminarily determined by the Secretary to qualify as a registered historic district; or • Individually listed in a state inventory of historic places in states with preservation programs that have been approved by the Secretary of the Interior; or • Individually listed on a local inventory of historic places in communities with historic preservation programs that have been certified either: – By an approved state program as determined by the Secretary of the Interior, or – Directly by the Secretary of the Interior in states without approved programs. Improvements and Betterments. Fixtures, alterations, installations, or additions made or acquired solely at a tenant’s expense and comprising part of an insured building. Increased Cost of Compliance. Coverage for expenses that a property owner must incur, above and beyond the cost to repair the physical damage the structure actually sustained from a flooding event, to comply with mitigation requirements of State or local floodplain management ordinances or laws. Acceptable mitigation measures are elevation, floodproofing, relocation, demolition, or any combination thereof. Letter of Determination Review (LODR). FEMA’s ruling on the determination made by a lender or third party that a borrower’s building is in a Special Flood Hazard Area (SFHA). A LODR deals only with the location of a building relative to the SFHA boundary shown on the Flood Insurance Rate Map. Letter of Map Amendment (LOMA). An amendment to the currently effective FEMA map which establishes that a property is not located in a Special Flood Hazard Area. A LOMA is issued only by FEMA. Letter of Map Revision (LOMR). An official amendment to the currently effective FEMA map. It is issued by FEMA and changes flood zones, delineations, and elevations. Loss in Progress. A loss that is already in progress as of 12:01 a.m. on the first day of the policy term; or, as to any increase in the limits of coverage which is requested, a loss that is already in progress when the additional coverage is requested. Lowest Adjacent Grade. The lowest point of the ground level next to the building. Lowest Floor. The lowest floor of the lowest enclosed area (including a basement). An unfinished or flood-resistant enclosure, usable solely for parking of vehicles, building access, or storage in an area other than a basement area, is not considered a building's lowest floor provided that such enclosure is not built so as to render the structure in violation of requirements. Lowest Floor Elevation (LFE). The measured distance of a building’s lowest floor above the National Geodetic Vertical Datum (NGVD) or other datum specified on the FIRM for that location. Low-Rise Building. Low-rise condominium buildings have fewer than five units regardless of the number of floors or five or more units with fewer than three floors including basement. All townhouses/rowhouses, regardless of the number of floors or units, and all single-family detached condominium buildings are classified as low rise. An enclosure below an elevated building, even if it is the lowest floor for rating purposes, cannot be counted as a floor to avoid classifying the building as low rise. Mandatory Purchase. Under the provisions of the Flood Disaster Protection Act of 1973, individuals, businesses, and others buying, building, or improving property located in identified areas of special flood hazards within participating communities are required to purchase flood insurance as a prerequisite for receiving any type of direct or indirect federal financial assistance (e.g., any loan, grant, guaranty, insurance, payment, subsidy, or disaster assistance) when the building or personal property is the subject of or security for such assistance. Manufactured (Mobile) Home. A structure built on a permanent chassis, transported to its site in one or more sections, and affixed to a permanent foundation. “Manufactured (mobile) home” does not include recreational vehicles. Manufactured (Mobile) Home Park or Subdivision, Existing. A manufactured (mobile) home park or subdivision for which the construction of facilities for servicing the lots on which the manufactured (mobile) homes are to be affixed (including, at a minimum, the installation of utilities, the construction of streets, and either final site grading or the pouring of concrete pads) is completed on or before December 31, 1974, or before the effective date of the community’s initial FIRM, whichever is later. DEF 5 May 1, 2008 Manufactured (Mobile) Home Park or Subdivision, Expansion to Existing Site. The preparation of additional sites by the construction of facilities for servicing the lots on which manufactured (mobile) homes are to be affixed (including the installation of utilities, the construction of streets, and either final site grading or the pouring of concrete pads). Manufactured (Mobile) Home Park or Subdivision, New. A manufactured (mobile) home park or subdivision for which the construction of facilities for servicing the lots on which the manufactured (mobile) homes are to be affixed (including, at a minimum, the installation of utilities, the construction of streets, and either final site grading or the pouring of concrete pads) is completed after December 31, 1974, or on or after the effective date of the community’s initial FIRM, whichever is later. Map Revision. A change in the FHBM or FIRM for a community which reflects revised zone, base flood, or other information. Mean Sea Level. See National Geodetic Vertical Datum (NGVD). Modular Building. A building that is usually transported to its site on a steel frame or special trailer because it does not have a permanent chassis like a manufactured (mobile) home. A modular building is classified and rated under one of the other building types. Mortgage Portfolio Protection Program(MPPP). A program designed to help lending institutions maintain compliance with the Flood Disaster Protection Act of 1973, as amended. Policies written under the MPPP can be placed only through a WYO Company. Mudflow. A river of liquid and flowing mud on the surfaces of normally dry land areas, as when earth is carried by a current of water. Other earth movements, such as landslide, slope failure, or a saturated soil mass moving by liquidity down a slope, are not mudflows. National Flood Insurance Program (NFIP). The program of flood insurance coverage and floodplain management administered under the Act and applicable Federal regulations promulgated in Title 44 of the Code of Federal Regulations, Subchapter B. National Geodetic Vertical Datum (NGVD). National standard reference datum for elevations, formerly referred to as Mean Sea Level (MSL) of 1929. NGVD is used as the reference datum on most FIRMs. Natural Grade. The grade unaffected by construction techniques such as fill, landscaping, or berming. New Construction. Buildings for which the “start of construction” commenced on or after the effective date of an initial FIRM or after December 31, 1974, whichever is later, including any subsequent improvements. NFIP Bureau and Statistical Agent. A corporation, partnership, association, or any other organized entity that contracts with the Federal Emergency Management Agency to be the focal point of support operations for the NFIP. NFIP Servicing Agent. A corporation, partnership, association, or any other organized entity that contracts with the Federal Emergency Management Agency to service insurance policies as direct business. NFIP Special Direct Facility (SDF). Formed in 2000, a branch of the NFIP Servicing Agent to which WYO companies transfer renewals for identified properties in the Repetitive Loss Target Group so that mitigation assistance can be offered to the policyholders. Non-Residential. Includes, but is not limited to: small business concerns, churches, schools, farm buildings (including grain bins and silos), poolhouses, clubhouses, recreational buildings, mercantile structures, agricultural and industrial structures, warehouses, hotels and motels with normal room rentals for less than 6 months’ duration, and nursing homes. Nullification. The act of declaring an insurance contract invalid from its inception so that, from a legal standpoint, the insurance contract never existed. Other Residential. Hotels or motels where the normal occupancy of a guest is 6 months or more; a tourist home or rooming house which has more than four roomers. A residential building (excluding hotels and motels with normal room rentals for less than 6 months’ duration) containing more than four dwelling units. Incidental occupancies such as office, professional private school, or studio occupancy, are permitted if the total area of such incidental occupancies is limited to less than 25 percent of the total floor area within the building. Out-As-Shown Determination. An alternative outcome of the FEMA Letter of Map Amendment (LOMA) review process stating that a specific property is located outside the Special Flood DEF 6 May 1, 2008 Hazard Area as indicated on the Flood Hazard Boundary Map or Flood Insurance Rate Map. Participating Community. A community for which FEMA has authorized the sale of flood insurance under the NFIP. Policy. The entire written contract between the insured and the insurer. It includes: • The printed policy form; • The application and Declarations Page; • Any endorsement(s) that may be issued; and • Any renewal certificate indicating that coverage has been instituted for a new policy and new policy term. Only one dwelling, specifically described by the prospective policyholder in the application, may be insured under a policy. Pollutants. Substances that include, but are not limited to, any solid, liquid, gaseous, or thermal irritant or contaminant, including smoke, vapor, soot, fumes, acids, alkalis, chemicals, and waste. “Waste” includes, but is not limited to, materials to be recycled, reconditioned, or reclaimed. Ponding Hazard. A flood hazard that occurs in flat areas when there are depressions in the ground that collect “ponds” of water. The ponding hazard is represented by the zone designation AH on the FIRM. Post-FIRM Building. A building for which construction or substantial improvement occurred after December 31, 1974, or on or after the effective date of an initial Flood Insurance Rate Map (FIRM), whichever is later. Pre-FIRM Building. A building for which construction or substantial improvement occurred on or before December 31, 1974, or before the effective date of an initial Flood Insurance Rate Map (FIRM). Preferred Risk Policy (PRP). A policy that offers fixed combinations of building/contents coverage or contents-only coverage at modest, fixed premiums. The PRP is available for property located in B, C, and X Zones in Regular Program communities that meets eligibility requirements based on the property’s flood loss history. Prepaid Amount (Total). The total amount that must be submitted with an application or renewal in order to be acceptable for coverage. It is determined by adding the Federal Policy Fee to the Total Prepaid Premium. Prepaid Premium (Total). The amount on the application (excluding the Preferred Risk Application) that includes the Annual Subtotal, the ICC Premium, the CRS Premium Discount (if applicable), and the Probation Surcharge (if applicable). Presentment of Payment (Premium). The date of receipt of premium at the office of the NFIP or the date of certified mail. In the case of transfer of title, the date of settlement or closing, when the premium is paid at that time. Principal Residence. A single-family dwelling in which, at the time of loss, the named insured or the named insured’s spouse has lived for either 80 percent of the 365 days immediately preceding the loss, or 80 percent of the period of ownership, if less than 365 days. Principally Above Ground Building. A building that has at least 51 percent of its actual cash value, including machinery and equipment, above ground. Probation. A FEMA-imposed change in a community’s status resulting from violations and deficiencies in the administration and enforcement of NFIP local floodplain management regulations. Probation Surcharge (Premium). A flat charge that the policyholder must pay on each new or renewal policy issued covering property in a community that the NFIP has placed on probation under the provisions of 44 CFR 59.24. Proper Openings - Enclosures (Applicable to Zones A, A1-A30, AE, AO, AH, AR, and AR Dual). All enclosures below the lowest elevated floor must be designed to automatically equalize hydrostatic flood forces on exterior walls by allowing for the entry and exit of floodwaters. A minimum of two openings, with positioning on at least two walls, having a total net area of not less than 1 square inch for every square foot of enclosed area subject to flooding must be provided. The bottom of all openings must be no higher than 1 foot above grade. Property Removed to Safety Expense. Up to $1,000 of reasonable expenses incurred by the insured to temporarily remove insured property from the described location because of flood or the imminent danger of flood. Provisional Rating. A method for placing flood coverage prior to the receipt of a FEMA Elevation Certificate. DEF 7 May 1, 2008 Regular Program. The final phase of a community’s participation in the National Flood Insurance Program. In this phase, a Flood Insurance Rate Map is in effect and full limits of coverage are available under the Act. Regular Program Community. A community wherein a FIRM is in effect and full limits of coverage are available under the Act. Repetitive Loss Structure. An NFIP-insured structure that has had at least two paid flood losses of more than $1,000 each in any 10-year period since 1978. Replacement Cost Value (RCV). The cost to replace property with the same kind of material and construction without deduction for depreciation. Residential Condominium Building. A building, owned and administered as a condominium, containing one or more family units and in which at least 75 percent of the floor area is residential. Residential Condominium Building Association Policy (RCBAP). See “Standard Flood Insurance Policy–Residential Condominium Building Association Policy (RCBAP).” Scheduled Building Policy. A policy that requires a specific amount of insurance to be designated for each building and its contents. Section 1316. Section of the National Flood Insurance Act of 1968, as amended, which states that no new flood insurance coverage shall be provided for any property that FEMA finds has been declared by a duly constituted state or local zoning authority or other authorized public body to be in violation of state or local laws, regulations, or ordinances that are intended to discourage or otherwise restrict land development or occupancy in flood-prone areas. Severe Repetitive Loss (SRL) Properties. NFIP-insured buildings that, on the basis of paid flood losses since 1978, meet either of the loss criteria described on page SRL 1. SRL properties with policy effective dates of January 1, 2007, and later will be afforded coverage (new business or renewal) only through the NFIP Servicing Agent’s Special Direct Facility so that they can be considered for possible mitigation activities. Shear Walls. Walls used for structural support but not structurally joined or enclosed at the ends (except by breakaway walls). Shear walls are parallel, or nearly parallel, to the flow of the water and can be used in any flood zone. Sheet Flow Hazard. A type of flood hazard with flooding depths of 1 to 3 feet that occurs in areas of sloping land. The sheet flow hazard is represented by the zone designation AO on the FIRM. Single Adjuster Program. A procedure implemented among the NFIP, various wind pools, and WYO Companies to allow one adjuster to represent both carriers in adjusting a combined wind-water loss where the NFIP has the flood coverage and another carrier has the wind coverage. Single Building. A building that is separated from other buildings by intervening clear space or solid, vertical, load-bearing division walls. Single-Family Residence. A residential single- family dwelling. Incidental office, professional, private school, or studio occupancies, including a small service operation, are permitted if such incidental occupancies are limited to less than 50 percent of the building's total floor area. Solid Perimeter Foundation Walls. Walls that are used as a means of elevating a building in A Zones and that must contain sufficient openings to allow for the unimpeded flow of floodwaters more than 1 foot deep. Special Flood Hazard Area (SFHA). An area having special flood, mudflow, or flood-related erosion hazards, and shown on a Flood Hazard Boundary Map or Flood Insurance Rate Map as Zone A, AO, A1-A30, AE, A99, AH, AR, AR/A, AR/AE, AR/AH, AR/AO, AR/A1-A30, V1-V30, VE, or V. For the purpose of determining Community Rating System premium discounts, all AR and A99 zones are treated as non- SFHAs. Standard Flood Insurance Policy–Dwelling Form. Policy issued to insure a building and/or residential contents on a single-family or a 2-4 family dwelling. Standard Flood Insurance Policy–General Property Form. Policy issued to insure a building and/or contents on other residential or non-residential buildings. Standard Flood Insurance Policy–Residential Condominium Building Association Policy (RCBAP). Policy issued to insure a residential condominium building and all units within the DEF 8 May 1, 2008 building, provided that the building is located in a Regular Program community and at least 75 percent of the total floor area is residential. Start of Construction. For other than new construction or substantial improvements, under the Coastal Barrier Resources Act, this is the date when the building permit was issued, provided that the actual start of construction, repair, rehabilitation, addition, placement, or other improvement was within 180 days of the permit date. The actual start means either the first placement of permanent construction of a building on site, such as the pouring of a slab or footing, the installation of piles, the construction of columns, or any work beyond the stage of excavation; or the placement of a manufactured (mobile) home on a foundation. For a substantial improvement, actual start of construction means the first alteration of any wall, ceiling, floor, or other structural part of a building, whether or not that alteration affects the external dimensions of the building. Stock. Merchandise held in storage or for sale, raw materials, and in-process or finished goods, including supplies used in their packing or shipping. “Stock” does not include any property not covered under “Section IV. Property Not Covered” of the General Property Form, except the following: • Parts and equipment for self-propelled vehicles; • Furnishings and equipment for watercraft; • Spas and hot-tubs, including their equipment; and • Swimming pool equipment. Submit-for-Rate. An application for flood insurance on a building for which no risk rate is published in the Flood Insurance Manual. Insurance coverage can be obtained only after the NFIP has approved the application and has established the risk premium rate. Substantial Damage. Damage of any origin sustained by a building whereby the cost of restoring the building to its before-damaged condition would equal or exceed 50 percent of the market value of the building before the damage occurred. Substantial Improvement. Any reconstruction, rehabilitation, addition, or other improvement of a building, the cost of which equals or exceeds 50 percent of the market value of the building before the “start of construction” of the improvement. Substantial improvement includes buildings that have incurred “substantial damage,” regardless of the actual repair work performed. The term does not, however, include either any project for improvement of a building to correct existing state or local code violations or any alteration to a “historic building,” provided that the alteration will not preclude the building’s continued designation as a “historic building.” Suspension. FEMA’s removal of an NFIP participating community from the Program because the community has not enacted and/or enforced the proper floodplain management regulations required for participation. Tentative Rates. Unpublished NFIP rates used to issue policies for applications that fail to provide the NFIP with valid actuarial rating information. Travel Trailer. Under the NFIP, a travel trailer can be considered a building only if it is without wheels, built on a chassis and affixed to a permanent foundation, and regulated under the community’s floodplain management and building ordinances or laws. 2- to 4-Family Residence. A residential building (excluding hotels and motels with normal room rentals for less than 6 months’ duration) containing no more than four dwelling units. Incidental occupancies such as office, professional, private school, or studio space are permitted if the total area of such occupancies is limited to less than 25 percent of the total floor area within the building. Underground Building. A building for which 50 percent or more of the actual cash value, including machinery and equipment that are part of the building, is below ground. Unfinished Area. An enclosed area that is used only for the parking of vehicles, building access, or storage purposes and that does not meet the definition of a finished (habitable) area. Drywall used for fire protection is permitted in unfinished areas. Unit. A single-family unit owned by the policyholder in a condominium building. Valued Policy. A policy in which the insured and the insurer agree on the value of the property insured, that value being payable in the event of a total loss. The Standard Flood Insurance Policy is not a valued policy. Variance. A grant of relief by a participating community from the terms of its floodplain management regulations. DEF 9 May 1, 2008 Waiting Period. The time between the date of application and the policy effective date. Walled and Roofed. A building that has two or more exterior rigid walls and a fully secured roof and that is affixed to a permanent site. Wave Height Adjustment. A measurement that is added to the base flood elevation for V Zones shown on the Flood Insurance Rate Map published prior to 1981. For coastal communities, the base flood elevation shown on Flood Insurance Rate Maps published prior to 1981 are still-water elevations, which include only the effects of tide and storm surge, and not the height of wind-generated waves. Write Your Own (WYO) Program. A cooperative undertaking of the insurance industry and the Federal Emergency Management Agency begun in October 1983. The WYO Program operates within the context of the NFIP and involves private insurance carriers who issue and service National Flood Insurance Program policies. Zone. A geographical area shown on a Flood Hazard Boundary Map or a Flood Insurance Rate Map that reflects the severity or type of flooding in the area. DEF 10 May 1, 2008 INDEX A ABOVE GROUND BUILDING, PRINCIPALLY ...GR 3, DEF 7 ACT........................................................ REF 1, GR 6, DEF 1 ACTUAL CASH VALUE (ACV) ..................................... DEF 1 ADDITIONS AND EXTENSIONS (TO BUILDING)............................................ GR 5, RATE 16 ADJUSTER CONTROL OFFICE ........................ CL 3, DEF 1 ALTERNATIVE RATES ................RATE 21, END 1-2, DEF 1 ANCHORED ................................................... GR 3-4, DEF 1 APPLICATION ...................................... GR 11-13, APP 1-11, CONDO 8-9, PRP 6-8, DEF 1 Binder or Certificate of Insurance...................GR 8, DEF 1 Flood Insurance Application Form ......................APP 9-11 Incomplete/Incorrect Applications ............................ APP 8 Mailing Instructions...................................GR 8, 13, APP 8 APPURTENANT STRUCTURE ..........................GR 3, DEF 1 ASSESSMENT COVERAGE ................ GR 11-12, CONDO 7 ASSIGNMENT OF POLICY .............. GR 13, MPPP 6, DEF 1 B BASE FLOOD ............................................................... DEF 1 BASE FLOOD DEPTH................................. RATE 18, DEF 1 BASE FLOOD ELEVATION (BFE) ........ GR 13, RATE 17-21, MAP 2, 3, DEF 1 BASEMENT ........... APP 1, 3, RATE 25, CERT 3, 4-5, DEF 1 BINDER OR CERTIFICATE OF INSURANCE ...GR 8, DEF 1 BLANKET INSURANCE ............................................... DEF 1 BOATHOUSES...............................................................GR 4 BREAKAWAY WALLS ....................... GR 5, RATE 20, DEF 1 BUILDING.................................GR 3-6, 6-7, APP 3-4, DEF 1 Additions and Extensions ......................... GR 5, RATE 16 Building Coverage Limits........................................RATE 1 Building in the Course of Construction......................GR 4, APP 5, CONDO 6, DEF 2 Buildings in More Than One Flood Zone.................GR 12, RATE 17 Building on Fill ............................................................ PR 2 Building Over Water ...............................................GR 4, 7 Building Partially Underground...................................GR 7 Container-Type Building.............................................GR 7 Contents .......................GR 6, 7, 8, APP 4, RATE 1, 26-29 Elevated Building................................. APP 1, 3, 4, 5, 6, 7, RATE 19-21, DEF 3 Floodproofed Building ...... RATE 31-32, CERT 3-8, DEF 4 Manufactured (Mobile) Home/Travel Trailer...........GR 3-4, APP 1, 4, 5, 8, RATE 15, 16, PR 1, DEF 3, 5, 9 Section 1316...................................................GR 6, DEF 8 Single Building................................................GR 5, DEF 8 Start of Construction........................... RATE 15-16, DEF 9 Substantial Improvement........ APP 5, RATE 15-16, DEF 9 Types of Buildings ...................... APP 1, 3-7, CONDO 6, 8 BUILDING DIAGRAMS 1-8.................. LFG 4-7, CERT 18-19 BUILDING DRAWINGS ........................................... LFG 8-59 BUILDING OCCUPANCY ............................................GR 5-6 BUSINESS ANALYST, WYO........................................REF 2 C CANCELLATION/NULLIFICATION .......... CONDO 8, PRP 6, MPPP 6, CN 1-11, DEF 2, 6 Cancellation/Nullification Request Form .............CN 10-11 Form Completion.....................................................CN 7-8 Processing Outcomes Table ...................................... CN 9 Valid Reason Codes for Cancellation/Nullification..CN 1-7 Refunds...................................................................CN 1-8 CERTIFICATIONS ................................................ CERT 1-37 CISTERNS ..................................................... GR 4, 6, DEF 2 CLAIMS ........................................................................ CL 1-5 Appealing a Claim....................................................CL 1-3 Filing a Claim .............................................................. CL 1 Increased Cost of Compliance (ICC) Claims...........CL 4-5 Insured's Responsibilities ........................................ CL 1-3 Producer's Responsibilities......................................CL 3,4 Single Adjuster Program ..............................CL 3-4, DEF 8 Training ....................................................................... CL 4 CLAIMS COORDINATING OFFICE (CCO).........CL 4, DEF 2 CLOSED BASIN LAKE....................................... CN 6, DEF 2 COASTAL BARRIER.....................................................DEF 2 COASTAL BARRIER RESOURCES SYSTEM (CBRS) ................................... CBRS 1-12, DEF 2 Coastal Barrier Improvement Act of 1990 (CBIA) ........................................CBRS 1, DEF 2 Coastal Barrier Resources Act of 1982 (CBRA) .......................... GR 1, CBRS 1, DEF 2 List of CBRS Communities................................CBRS 3-12 COASTAL HIGH HAZARD AREA ...........RATE 30-31, DEF 2 COINSURANCE ......................................... CONDO 7, DEF 2 COMMERCIAL CONTENTS ........................GR 6, CONDO 2 COMMISSION, PRODUCER’S ........GR 13, CONDO 8, CN 8 COMMON INTERIOR WALLS ....................................... GR 5 COMMUNITY (See also PROBATION and SUSPENSION)..................................GR 1, APP 2-3, DEF 2 Community Eligibility.................................................. GR 1 Community Number ..................................... APP 3, DEF 2 Community Status.....................................................APP 3 Non-Participating Community ........................ GR 1, APP 3 Participating Community................................GR 1, DEF 7 Regular Program Community ...................................DEF 8 COMMUNITY RATING SYSTEM (CRS)......................APP 6, CRS 1-28, DEF 2 CONDOMINIUM ASSOCIATION ............CONDO 1-2, DEF 2 CONDOMINIUMS..................................CONDO 1-31, DEF 2 CONSTRUCTION DATA........................................... APP 4-6 CONTACT INFORMATION, NFIP............................. REF 3-6 CONTENTS...................... GR 6, 7, 8, APP 4, RATE 1, 26-29 CONTINUOUS LAKE FLOODING ..................................CN 6 CONTRACT AGENT.....................................GR 13, DEF 2-3 COOPERATIVES ........................................................... GR 6 COUNTYWIDE MAP ........................................MAP 1, DEF 3 COURSE OF CONSTRUCTION .....GR 4, APP 5, CONDO 6, DEF 2 COVERAGE ...........GR 10-11, RATE 1-10, CONDO 6-7, 8-9, PRP 1, 4-5, MPPP 3-4, END 1 Additional Coverage or Increase in Coverage ......... END 1 Amount of Insurance Available .............................. RATE 1 Building Coverage............................ GR 3-6, 6-7, RATE 1, CONDO 8, PRP 1, 4-5 Contents Coverage .................GR 6, 7, 8, APP 4, RATE 1, CONDO 9, PRP 1, 4-5 Contents-Only Coverage ..................RATE 57, PRP 1, 4-5 Limits of Coverage ....................................GR 10, RATE 1, CONDO 7, 8-9, PRP 1, 4-5, MPPP 3-4 Reduction or Reformation/Removal of Insurance .....................GR 11, END 1, MPPP 5, PR 1 CRAWL SPACE ............................ RATE 25, LFG 2, CERT 2 CREDIT CARD PAYMENT.......... APP 6, 7, REN 2, 8, MAP 4 CREDIT CARD PAYMENT FORM...........................REN 2, 8 D DATE OF CONSTRUCTION................APP 4-5, RATE 15-16 DEF 3 DECLARATIONS PAGE............................. MPPP 4-5, DEF 3 DEDUCTIBLE BUYBACK.............................RATE 12, DEF 3 DEDUCTIBLE FACTORS.....................RATE 13, CONDO 22 IND 1 May 1, 2008 DEDUCTIBLES...................GR 10, APP 4, RATE 12, 13, 17, CONDO 8, 22, PRP 2, MPPP 5, END 2 DEFINITIONS ..........................................................DEF 1-10 DESCRIBED LOCATION.............................................. DEF 3 DIAGRAM NUMBER..................................................... DEF 3 DIRECT PHYSICAL LOSS BY OR FROM FLOOD ...... DEF 3 DIRECT PROGRAM ....................................REF 2, 3, GR 12, APP 8, CONDO 7 DISASTER ASSISTANCE ................. GR 3, APP 2, PRP 1, 7 DOUBLEWIDE MANUFACTURED (MOBILE) HOME .............................................................APP 1, DEF 3 DUPLICATE POLICIES .............................................. CN 2, 5 DWELLING .................................................................. DEF 3 DWELLING FORM (See also STANDARD FLOOD INSURANCE POLICY) ..... GR 1, 2, CONDO 8, POL 1, 2-21 E EFFECTIVE DATE........................................ GR 8-10, REN 2 ELEVATED BUILDING (See also LOWEST FLOOR GUIDE).... APP 1, 3, 4, 5, 6, 7, RATE 19-21, DEF 3 ELEVATION CERTIFICATE ..................APP 5-6, LFG 2, 3-7, CERT 1-3, 11-37 ELEVATION DIFFERENCE.......................... RATE 17-19, 30 ELIGIBLE BUILDINGS.............................. GR 3-6, CONDO 6 ELIGIBLE COMMUNITY (See PARTICIPATING COMMUNITY) ELIGIBLE CONTENTS ...................................................GR 6 EMERGENCY PROGRAM .................. GR 1, RATE 1, DEF 3 ENCLOSED AREA ........................................APP 3, LFG 1-2 ENCLOSURE/ENCLOSED AREA (See also LOWEST FLOOR GUIDE) ............................... APP 1, 3, RATE 19-20, LFG 1-2, 3, 5, 7, DEF 3 ENDORSEMENT ................................... GR 9-10, CONDO 8, PRP 2, MPPP 6, END 1-14, PR 1 Endorsement Processing Prior to Policy Renewal ... END 2-3 Endorsement Rules: Changing Deductibles.............END 2 Endorsement Rules: Conversion of Standard Rated Policy to PRP Due to Misrating or Map Revision ...END 2 Endorsement Rules: Correcting Property Address ..END 2 Endorsement Rules: Coverage Endorsements ........END 1 Endorsement Rules: Misrated Policy .......................END 2 Endorsement Rules: Rating Endorsements ......... END 1-2 Endorsements During Renewal Cycle......................REN 2 General Change Endorsement Form ............... END 13-14 Preparation of Form ............................................. END 3-4 Rating Examples ................................................ END 5-12 Refund Processing ............................................... END 3-4 EQUIPMENT (See MACHINERY AND EQUIPMENT) EROSION ..................................................................... DEF 3 ERRORS, RATING ................................................... END 1-2 EVIDENCE OF INSURANCE .........................................GR 8 EXPENSE CONSTANT ................................................ DEF 3 F FEDERAL LAND.............................................................GR 1 FEDERAL POLICY FEE .....RATE 12, 17, CONDO 8, PRP 2, MPPP 5, DEF 3 FEMA ............................................................... REF 1, SRL 1, DEF 1, 2, 3, 4, 5, 6, 7, 9, 10 FHBM (See FLOOD HAZARD BOUNDARY MAP) FICO (See FLOOD INSURANCE CLAIMS OFFICE) FINANCIAL ASSISTANCE/SUBSIDY ARRANGEMENT.....................................MPPP 2, 6, DEF 3 FINISHED (HABITABLE) AREA ................................... DEF 3 FINISHED BASEMENT ................................................ APP 1 FIRM (See FLOOD INSURANCE RATE MAP) FIRM ZONES............................................................... MAP 2 FLOOD.......................................................................... DEF 4 FLOOD DISASTER PROTECTION ACT OF 1973.......................................................MPPP 1, 3 FLOOD HAZARD BOUNDARY MAP (FHBM)............... GR 1, MAP 1, 2, 4-6, 8, DEF 4 FLOOD INSURANCE CLAIMS OFFICE (FICO) ............ CL 3, DEF 4 FLOOD INSURANCE RATE MAP (FIRM) .................... GR 1, CERT 2, MAP 1, 3, 4-6, 7, DEF 4 FLOOD MAP “GRANDFATHERING”.................RATE 21-23, PRP 1, DEF 4 FLOOD MAPS ................................................ GR 1, MAP 1-8 Changing or Correcting a Flood Map.......................MAP 3 Countywide Map..........................................MAP 1, DEF 3 FEMA Map Assistance Center.................................MAP 3 FEMA Map Service Center ......................REF 4, MAP 4, 5 “FIRMettes”..............................................................MAP 4 General Rule of Rating ........................................ RATE 22 Letter of Map Amendment (LOMA) ................ CN 5-6, 6-7, MAP 3, DEF 5 Letter of Map Revision (LOMR) ..................... CN 5-6, 6-7, MAP 3, DEF 5 Locating a Specific Property .................................MAP 2-3 Map "Grandfather" Rules ....... RATE 21-23, PRP 1, DEF 4 Map Panel Number .................................................MAP 1 Map Revision ..................... PRP 2, 6, END 2, CN 3-4, 6-7, MAP 3, 4, DEF 6 Map Zones (Flood Zones) .......................................MAP 2 Ordering Information and Prices.......................MAP 4, 5-6 Physical Map Revision ...........................................MAP 3 FLOOD VENTS (See PROPER OPENINGS) FLOOD RESPONSE OFFICE (FRO)............................DEF 4 FLOODPLAIN................................................................DEF 4 FLOODPLAIN MANAGEMENT.....................................DEF 4 FLOODPROOFING APP 6, RATE 31-32, CERT 3-10, DEF 4 FLOODPROOFING CERTIFICATE FOR NON-RESIDENTIAL STRUCTURES ..................CERT 9-10 FLOODPROOFING CERTIFICATE, RESIDENTIAL BASEMENT ..................................CERT 7-8 FORCED PLACEMENT (MANDATORY PURCHASE)........... GR 2, MPPP 2, CN 2, DEF 5 FREEBOARD ................................................................DEF 4 G GARAGES.......................................................... GR 3, LFG 1 GENERAL CHANGE ENDORSEMENT (See ENDORSEMENT) GENERAL PROPERTY FORM (See also STANDARD FLOOD INSURANCE POLICY).........GR 1, 2, POL 1, 22-40 GENERAL RULE OF RATING ................................. RATE 22 GENERAL RULES .................................................... GR 1-13 GRADE ELEVATION.....................................................DEF 4 “GRANDFATHERING” (See FLOOD MAP “GRANDFATHERING”) GROUP FLOOD INSURANCE .......................... GR 3, DEF 4 H HABITABLE AREA (See FINISHED AREA) HISTORIC BUILDING ...............................RATE 15, DEF 4-5 HIGH-RISE BUILDING...............................CONDO 6, DEF 4 HOMELAND SECURITY, U.S. DEPARTMENT OF....REF 1, DEF 3 I ICC (See INCREASED COST OF COMPLIANCE) IMPROVEMENTS AND BETTERMENTS........GR 12, DEF 5 INCIDENTAL OCCUPANCY ....................................... GR 5-6 INCREASED COST OF COMPLIANCE (ICC) COVERAGE .............. GR 10-11, RATE 14, 17, CONDO 21, MPPP 1, CL 4-5, DEF 5 INELIGIBLE COMMUNITY (See NON-PARTICIPATING COMMUNITY) INELIGIBLE PROPERTY ............................................ GR 6-8 INFLATION FACTOR.......................................GR 10, REN 1 IND 2 May 1, 2008 INSECT SCREENING (BELOW LOWEST ELEVATED FLOOR) ......................................... RATE 7, 20, CONDO 19 INSURANCE PRODUCTS, NFIP ................................GR 2-3 L LAPSE IN COVERAGE ............................................ REN 1-2 LATTICE (BELOW LOWEST ELEVATED FLOOR) ............... RATE 7, 20, 48, CONDO 19 LETTER OF DETERMINATION REVIEW (LODR)................. CN 5, DEF 5 LETTER OF MAP AMENDMENT (LOMA) ............PRP 6, END 2, CN 1, 5-6, 7, MAP 3, DEF 5 LETTER OF MAP REVISION (LOMR) ............PRP 6, END 2, CN 1, 5-6, 7, MAP 3, DEF 5 LOSS ASSESSMENT COVERAGE ..... GR 11-12, CONDO 7 LOSS HISTORY ...............................................PRP 1, SRL 1 LOSS IN PROGRESS .................................................. DEF 5 LOWEST ADJACENT GRADE ..................................... DEF 5 LOWEST FLOOR ......APP 6, RATE 17-21, LFG 1-59, DEF 5 Building Diagrams 1-8 ..................... LFG 4-7, CERT 18-19 Building Drawings ............................................... LFG 8-59 Lowest Floor Determination .................................. LFG 1-7 Lowest Floor Elevation ........... APP 6, RATE 17-21, DEF 5 Use of Elevation Certificate ...................................... LFG 2 LOWEST FLOOR GUIDE ........................................ LFG 1-59 LOW-RISE BUILDING ...............................CONDO 6, DEF 5 M MACHINERY AND EQUIPMENT ...................... RATE 19-20, LFG 1, 2, CERT 2 MANDATORY PURCHASE (FORCED PLACEMENT) .......... GR 2, MPPP 2, CN 2, DEF 5 MANUFACTURED (MOBILE) HOMES/ TRAVEL TRAILERS .................. GR 3-4, APP 1, 4, 8, PR 1, DEF 3, 5, 9 Date of Construction................................ APP 5, RATE 15 Doublewide...................................................APP 1, DEF 3 MANUFACTURED (MOBILE) HOME PARK OR SUBDIVISION.........................................................DEF 5- 6 MAP “GRANDFATHERING” (See FLOOD MAP “GRANDFATHERING”) MAPS (See FLOOD MAPS) MEAN SEA LEVEL (See NATIONAL GEODETIC VERTICAL DATUM [NGVD]) MISCELLANEOUS RULES ..........................................GR 13 Application Submission ............................................GR 13 Assignment of Policy................................................GR 13 Commission, Producer’s ..........................................GR 13 Contract Agent Rule.................................................GR 13 Delivery of Policy......................................................GR 13 Policy Term...............................................................GR 13 MITIGATION ................................................................. SRL 1 MODULAR BUILDING .................................................. DEF 6 MORTGAGE PORTFOLIO PROTECTION PROGRAM (MPPP).......................GR 2, MPPP 1-6, DEF 6 MORTGAGEE... APP 2, RATE 17, PRP 7, MPPP 1-6, REN 1 MUDFLOW ................................................................... DEF 6 MULTI-FAMILY RESIDENCE (DWELLING) (See 2-4 FAMILY RESIDENCE [DWELLING]) MULTI-PROPERTY LETTER OF MAP AMENDMENT (LOMA) OR LETTER OF MAP REVISION (LOMR) ..... CN 6 N NATIONAL FLOOD INSURANCE ACT OF 1968 (See ACT) NATIONAL FLOOD INSURANCE PROGRAM (NFIP) ........... REF 1, DEF 6 NATIONAL GEODETIC VERTICAL DATUM (NGVD) .. DEF 6 NATURAL GRADE ....................................................... DEF 6 NEW CONSTRUCTION................................................ DEF 6 NFIP BUREAU AND STATISTICAL AGENT........ REF 2, 5-6, SRL 1, DEF 6 NFIP CONTACT INFORMATION.............................. REF 3-6 NFIP SERVICING AGENT ............... REF 2, 3, SRL 1, DEF 6 NFIP SPECIAL DIRECT FACILITY (SDF) ...................REF 2, SRL 1, DEF 6 NON-PARTICIPATING COMMUNITY ........................... GR 1 NON-PAYMENT .......................................................... CN 2-3 NON-RESIDENTIAL..................GR 6, 7-8, CONDO 2, DEF 6 NOTICE OF LOSS .......................................................... CL 1 NULLIFICATION (See CANCELLATION/NULLIFICATION) O OCCUPANCY CLASSIFICATION...................GR 5-6, APP 3 OTHER INSURANCE...................................... MPPP 6, CN 2 OTHER RESIDENTIAL ...................................... GR 6, DEF 6 OTHERWISE PROTECTED AREAS ......................CBRS 1-2 OUT-AS-SHOWN DETERMINATION CN 3, MAP 3, DEF 6-7 OVER WATER ........................................................... GR 4, 7 P PAPERWORK BURDEN DISCLOSURE NOTICE ........................................................ REF 7, APP 11 PARTICIPATING COMMUNITY......................... GR 1, DEF 7 PHOTOGRAPH REQUIREMENTS (FOR ELEVATION CERTIFICATE)......................................................CERT 1-2 PHYSICAL MAP REVISION (PMR) .............................MAP 3 POLICIES AVAILABLE................................................ GR 1-2 POLICY .........................................................................DEF 7 POLICY RENEWALS........GR 10, PRP 2, MPPP 5, REN 1-8 Credit Card Payment Form .................................. REN 1, 8 Endorsements During Renewal Cycle ..................... REN 2 Expiration Notice to Mortgagee................................ REN 1 Final Notice...................................................REN 2, 3, 6-7 Insufficient Renewal Information..............................REN 2 Renewal Effective Date Determination .................... REN 2 Renewal Notice.........................................REN 1, 2, 3, 4-8 Severe Repetitive Loss Policies................REN 2, SRL 1-8 Waiting Period...................................................... REN 1, 2 POLICY TERM .................. GR 13, APP 1-2, PRP 6, MPPP 3 POLLUTANTS...............................................................DEF 7 PONDING HAZARD......................................................DEF 7 POST-FIRM BUILDING (CONSTRUCTION) .......... RATE 16, DEF 7 PRE-FIRM BUILDING (CONSTRUCTION)........RATE 15-16, DEF 7 PREFERRED RISK POLICY (PRP).............................. GR 2, PRP 1-10, DEF 7 Completing PRP Application Form ....................... PRP 6-8 Condominium Rating Chart...................................... PRP 3 Conversion of PRP to Standard Rated Policy.......... PRP 6 Conversion of Standard Rated Policy to PRP Due to Map Revision, LOMA, or LOMR ............................ PRP 6 Conversion of Standard Rated Policy to PRP Due to Misrating ................................................................ PRP 6 Coverage Limits ....................................................... PRP 2 Coverage/Premium Tables ................................... PRP 4-5 Deductibles .............................................................. PRP 2 Discounts/Fees/ICC Premium.................................. PRP 2 Documentation......................................................... PRP 2 Eligibility Requirements........................................ PRP 1, 3 Endorsements.......................................................... PRP 2 General Description ................................................. PRP 1 Ineligibility ................................................................ PRP 2 PRP Application Form......................................... PRP 9-10 Renewal ................................................................... PRP 2 Replacement Cost Coverage................................... PRP 2 PREMIUM............................................................RATE 16-17 Credit Card Payment ...........................APP 6, 7, REN 2, 8 Credit Card Payment Form .................................. REN 2, 8 Premium Calculation.......................................RATE 16-17 IND 3 May 1, 2008 Premium Discounts ..................................... APP 6, CRS 1 Premium Payment.........................APP 6, 7, RATE 16-17, CONDO 9, PRP 8, MPPP 4, REN 1-2 Prepaid Amount (Total) ............................................ DEF 7 Prepaid Premium (Total) .......................................... DEF 7 Presentment of Payment (Premium) ........................ DEF 7 Refunds............................................END 1-2, 3-4, CN 1-6 PREPAID AMOUNT (TOTAL) ...................................... DEF 7 PREPAID PREMIUM (TOTAL) .................................... DEF 7 PRESENTMENT OF PAYMENT (PREMIUM) ............. DEF 7 PRINCIPAL RESIDENCE ............................................. DEF 7 PRINCIPALLY ABOVE GROUND BUILDING .............. DEF 7 PROBATION.......................................................GR 1, DEF 7 PROBATION SURCHARGE..............GR 1, RATE 12, DEF 7 PROOF OF INSURANCE...............................................GR 8 PROOF OF LOSS........................................................CL 1, 2 PROPER OPENINGS (FLOOD VENTS) ..... LFG 1, 2, 3, 5, 7, DEF 7 PROPERTY LOCATION...................APP 2-3, PRP 7, END 3 PROPERTY REMOVED TO SAFETY EXPENSE ........ DEF 7 PROVISIONAL RATING ..................... GR 12, PR 1-5, DEF 7 Completing the Provisional Rating Questionnaire: General Directions.................................................... PR 2 Completing the Provisional Rating Questionnaire: Guidance for Determining Building Elevated on Fill .... PR 2 Eligibility Requirements .............................................. PR 1 General Description.................................................... PR 1 Notification Requirements .......................................... PR 1 Provisional Rating Example ....................................... PR 4 Provisional Rating Questionnaire ............................... PR 3 Reformation: Endorsement Procedure.......................PR 1 Reformation: Endorsement Alternative ...................... PR 1 Reformation: Limitations............................................. PR 1 Sample Notice to Accompany Provisionally Rated Policies ..................................... PR 5 R RATE TABLES......................RATE 1-14, 33, CONDO 10-22, PRP 4-5, MPPP 1, PR 3, CRS 1 RATING ........................... GR 11, RATE 1-63, CONDO 1-31, CERT 4, END 1-2 Alternative Rates ..................................... RATE 21, END 2 Amount of Insurance Available...............................RATE 1 AR, AR Dual Zones ..............................................RATE 19 Buildings in More Than One Flood Zone ..GR 12, RATE 17 Condominiums...............................................CONDO 1-31 Contents Location .......................................... RATE 26-29 Crawl Space .........................................................RATE 25 Deductibles.................................. RATE 12, 13, CONDO 7 Different Base Flood Elevations Reported ....GR 13, RATE 17 Effect of Map Revisions on Rates .................. RATE 21-23 Elevation Difference ....................................... RATE 17-19 FIRMs with Wave Heights .............................. RATE 30-31 Flood Map “Grandfathering”...RATE 21-23, PRP 1, DEF 4 Floodproofed Buildings................................... RATE 31-32 General Rule of Rating.........................................RATE 22 Key Points for Rating............................................RATE 17 Multiple Elevation Certificates ............................... CERT 1 Optional Elevation Rating ........................RATE 19, LFG 2 Premium Calculation ...................................... RATE 16-17 Provisional Rates ........................... GR 12, PR 1-5, DEF 7 Rate Reduction.........................................................END 1 Rate Tables ...... RATE 1-14, 33, CONDO 10-22, PRP 4-5, MPPP 1, PR 3, CRS 1 Rating Error .......................................................... END 1-2 Rating Examples ............... RATE 17-19, 22-23, 30, 49-63, CONDO 23-31, END 5-12, PR 4 Rating Steps................................................... RATE 15-16 Re-Rating ....................................................... RATE 23-24 Special Rating Situations ....................................GR 12-13 Submit-for-Rate......................GR 12, RATE 24-25, DEF 9 Tentative Rates .........GR 12, RATE 21, CONDO 8, DEF 9 V-Zone Optional Rating ....................................... RATE 23 V-Zone Risk Factor Rating Form....................RATE 35-48 RCBAP (See RESIDENTIAL CONDOMINIUM BUILDING ASSOCIATION POLICY) RECREATIONAL VEHICLE ..........................................DEF 1 REFORMATION..................................GR 11, MPPP 5, PR 1 REFUNDS ............................................ END 1-2, 3-4, CN 1-7 REGIONAL OFFICES, NFIP ..................................... REF 5-6 REGULAR PROGRAM.........................GR 1, RATE 1, DEF 8 RENEWALS (See POLICY RENEWALS) REPETITIVE LOSS..... GR 5, 11, REN 2, CN 6, SRL 1-8, DEF 8 REPLACEMENT COST....................APP 4, RATE 20-21, 31, CONDO 7, 8, PRP 2, DEF 8 RESIDENTIAL ........................................GR 5-6, CONDO 1-2 RESIDENTIAL BASEMENT FLOODPROOFING CERTIFICATE.......................................................CERT 7-8 RESIDENTIAL CONDOMINIUM BUILDING ...... CONDO 1-2, DEF 8 RESIDENTIAL CONDOMINIUM BUILDING ASSOCIATION POLICY (RCBAP) (See also STANDARD FLOOD INSURANCE POLICY) ........GR 1, 2, APP 4, CONDO 1-31, POL 1, 42-61 Application Form ............................................. CONDO 8-9 Assessment Coverage....................................... CONDO 7 Building Type ................................................. CONDO 6, 8 Cancellation or Endorsement of Existing Unit Owners’ Dwelling Policies ........................ CONDO 8 Coinsurance....................................................... CONDO 7 Commission, Producer’s .................................... CONDO 8 Condominium Building in the Course of Construction................................................. CONDO 6 Coverage, Building.......................................... CONDO 8-9 Coverage, Contents........................................CONDO 8-9 Coverage Limits .......................................... CONDO 7, 8-9 Deductibles .................................................. CONDO 8, 22 Determining Rates and Fees ............................. CONDO 9 Eligibility Requirements...................................... CONDO 6 Federal Policy Fee ............................................. CONDO 8 Property Covered............................................... CONDO 6 Rate Tables................................................. CONDO 10-22 Rating Examples.........................................CONDO 23-31 Replacement Cost ......................................... CONDO 7, 8 Tentative Rates and Scheduled Buildings ......... CONDO 8 ROWHOUSES/TOWNHOUSES ................CONDO 6, PRP 8 S SCHEDULED BUILDING POLICY .................... GR 2, APP 1, CONDO 8, DEF 8 SCREENING, INSECT (BELOW LOWEST ELEVATED FLOOR) ..........................................RATE 7, 20, CONDO 19 SECTION 1316................................................... GR 6, DEF 8 SEPARATE BUILDING (See SINGLE BUILDING) SEVERE REPETITIVE LOSS PROPERTIES ............... GR 5, REN 2, CN 6, SRL 1-8, DEF 8 SFIP (See STANDARD FLOOD INSURANCE POLICY) SHEAR WALLS..................................................GR 5, DEF 8 SHEET FLOW HAZARD ...............................................DEF 8 SILOS ......................................................................... GR 4, 6 SINGLE ADJUSTER PROGRAM.....................CL 3-4, DEF 8 SINGLE BUILDING ............................................ GR 5, DEF 8 SINGLE-FAMILY RESIDENCE (DWELLING)............... GR 5, DEF 8 SLATS OR SHUTTERS (BELOW LOWEST ELEVATED FLOOR)..........................................RATE 7, 20, CONDO 19 SOLID PERIMETER FOUNDATION WALLS................ GR 5, RATE 20, DEF 8 SPECIAL CERTIFICATIONS ................................CERT 1-37 SPECIAL DIRECT FACILITY (See NFIP SPECIAL DIRECT FACILITY) SPECIAL FLOOD HAZARD AREA (SFHA) .....MAP 2, DEF 8 IND 4 May 1, 2008 SPECIAL RATING SITUATIONS.......GR 12-13, RATE 21-25 Alternative Rates ..................................................RATE 21 Buildings in More Than One Flood Zone ............................................ GR 12, RATE 17 Crawl Space .........................................................RATE 25 Different Base Flood Elevations Reported ....GR 13, RATE 17 Map “Grandfather” Rules: Effect of Map Revisions on Rates ....................................................... RATE 21-23 Policies Requiring Re-Rating ......................... RATE 23-24 Post-’81 V Zone Optional Rating..........................RATE 23 Provisional Rates .........................................GR 12, DEF 7 Submit-for-Rate......................GR 12, RATE 24-25, DEF 9 Tentative Rates .........GR 12, RATE 21, CONDO 8, DEF 9 STANDARD FLOOD INSURANCE POLICY (SFIP)..GR 1, 2, POL 1-61, DEF 8-9 Agreement....................................................POL 3, 23, 43 Claim Guidelines in Case of a Flood .......... POL 21, 40, 61 Coinsurance ........................................................... POL 52 Deductibles............................................POL 12, 32, 51-52 Definitions....................................... POL 3-5, 23-25, 43-45 Dwelling Form..........................................POL 2-21, DEF 8 Exclusions .................................. POL 11-12, 31-32, 50-51 General Conditions..................... POL 12-20, 32-38, 53-59 General Property Form..........................POL 22-40, DEF 8 Liberalization Clause .................................. POL 20, 39, 60 Property Covered ......................... POL 5-10, 25-30, 45-50 Property Not Covered.......................POL 10-11, 30-31, 50 Residential Condominium Building Association Policy............................................... POL 42-61, DEF 8-9 Summary of Significant Changes, December 2000 ........... POL 2, 22, 42 What Law Governs.....................................POL 20, 39, 60 START OF CONSTRUCTION ...................................... DEF 9 STOCK.......................................................................... DEF 9 SUBMIT-FOR-RATE...................GR 12, RATE 23-24, DEF 9 SUBSTANTIAL DAMAGE.....GR 11, RATE 16, 23-24, DEF 9 SUBSTANTIAL IMPROVEMENT................................. APP 5, RATE 15-16, 23, DEF 9 SUSPENSION ....................................................GR 1, DEF 9 T TECHNICAL ASSISTANCE..........................................REF 2 TELEPHONE NUMBERS..........................................REF 3-6 TENTATIVE RATES...... GR 12, RATE 21, CONDO 8, DEF 9 TIMESHARES ................................................................ GR 6 TOWNHOUSES/ROWHOUSES ................CONDO 6, PRP 8 TRANSFER OF TITLE ................................................. GR 12 TRAVEL TRAILERS (See MANUFACTURED [MOBILE] HOMES/TRAVEL TRAILERS) 2-4 FAMILY RESIDENCE (DWELLING).........GR 5-6, DEF 9 U UNDERGROUND BUILDING........................................DEF 9 UNFINISHED AREA......................................................DEF 9 UNFINISHED BASEMENT............................................APP 1 UNIT ..............................................................................DEF 9 V VALUED POLICY..........................................................DEF 9 VARIANCE ....................................................................DEF 9 VEHICLES AND EQUIPMENT....................................... GR 6 V-ZONE OPTIONAL RATING .................................. RATE 23 V-ZONE RISK FACTOR RATING FORM............RATE 35-48 W WAITING PERIOD ................... GR 8-10, MPPP 4, REN 1, 2, PR 1, DEF 10 WALLED AND ROOFED.................................. GR 3, DEF 10 WALLS .............................. GR 5, RATE 20, LFG 2, 3, DEF 8 Breakaway Walls .......... GR 5, RATE 20, LFG 2, 3, DEF 1 Common Interior Walls .............................................. GR 5 Shear Walls.................................................... GR 5, DEF 8 Solid Perimeter Foundation Walls.............GR 5, RATE 20, LFG 7, DEF 8 WAVE HEIGHT .........................APP 6, RATE 30-31, DEF 10 Calculating Wave Height Adjustment.....RATE 30, DEF 10 WHOLE DOLLAR PREMIUM...................................RATE 17 WIND LOSSES................................................................ CL 4 WRITE YOUR OWN (WYO) PROGRAM .... REF 1-2, DEF 10 Z ZONE (See also Map Zones under FLOOD MAPS) ...MAP 2, DEF 10 IND 5 May 1, 2008