FEMA Risk Rating 2.0
Return To: Flood Insurance – The Ultimate Guide The Federal Emergency Management Agency (FEMA) declared that it is using a new risk rating system to reform the pricing scheme of the National Flood Insurance Program (NFIP). FEMA reports that this system, being called “Risk Rating 2.0,” will provide more information and adjustments regarding flood risk. […]
Questions About Flood Insurance
Whenever our country gets hit with a hurricane, be it a major one or a minor one, we get a lot more questions about flood insurance. Here are the most common ones. Isn’t flooding covered in my Homeowner’s Policy? NO! How much does flood insurance cost? That’s a loaded question, Flood Insurance for a home […]