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Flood Insurance 101: Part 7

***Disclaimer: This video offers a high-level overview of the National Flood Insurance Program (NFIP) from the FEMA Region VIII Floodplain Management and Insurance Branch. For detailed information about underwriting rules and procedures, the National Flood Insurance Program (NFIP), and NFIP products, please refer to the NFIP Flood Insurance Manual https://www.fema.gov/media-library/assets/documents/130234, or your insurance provider.  As risks can vary on individual structures based on specific details, your insurance provider will be able to adequately assess your risk and the premium associated with that risk.

These training videos are intended as a tool to enable insurance agents to provide their clients sound counsel and floodplain managers to promote higher floodplain management standards with accurate information and advice about flood insurance. In Part 7, Diana Herrera, FEMA Region VIII Flood Insurance Specialist, covers accessing historical maps, recent and upcoming legislative changes, the 18 percent cap on premium increases, reserve fund assessment, HFIAA surcharges, rating structure or PRP and newly mapped, subsidy elimination for lapsed policies, changes to the applications and declarations page, the flood insurance advocate, saving money on flood insurance, key takeaways on mitigations and further training opportunities and resources.

Video by FEMA Region 8 - Jun 20, 2017
Last Updated: August 16, 2017