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Increased Cost of Compliance (ICC) Supporting Documentation (6)

This collection contains information on Increased Cost of Compliance (ICC). Its coverage provides a claim payment for the cost to comply with State or community floodplain management laws or ordinances after a direct loss by flood. When a building insured by a Standard Flood Insurance Policy (SFIP) under the National Flood Insurance Program (NFIP) sustains a flood loss and the community declares the building to be substantially or repetitively damaged, ICC coverage helps pay up to $30,000 for the cost to elevate, floodproof (nonresidential only), demolish, or relocate the building.
Collection Created:
September 22, 2017
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