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Flood Insurance – FEMA's Risk Rating 2.0

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New Price Rating Structure – Equity in Action

FEMA is updating the NFIP’s Risk Rating through a new rating platform call Risk Rating 2.0. 

WHAT IS THE GOAL of the new platform?  

  • FEMA’s goal is to deliver rates that are equitable and better reflect a property’s flood risk.
  • Currently, policyholders with lower-valued homes may be paying more
  • [...]
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