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  2. Flood insurance rate map - Wikipedia

    en.wikipedia.org/wiki/Flood_Insurance_Rate_Map

    A flood insurance rate map ( FIRM) is an official map of a community within the United States that displays the floodplains, more explicitly special hazard areas and risk premium zones, as delineated by the Federal Emergency Management Agency (FEMA). [1] The term is used mainly in the United States but similar maps exist in many other countries ...

  3. Understanding FEMA’s Risk Rating 2.0 system for flood ... - AOL

    www.aol.com/finance/understanding-fema-risk...

    FEMA’s Risk Rating 2.0 is a new rating system for NFIP flood insurance policies. The program rolled out in two phases. Phase one began October 1, 2021 and entailed new policies being subject to ...

  4. National Flood Insurance Program - Wikipedia

    en.wikipedia.org/wiki/National_Flood_Insurance...

    The National Flood Insurance Program (NFIP) is a program created by the Congress of the United States in 1968 through the National Flood Insurance Act of 1968 (P.L. 90-448). The NFIP has two purposes: to share the risk of flood losses through flood insurance and to reduce flood damages by restricting floodplain development.

  5. Special Flood Hazard Area - Wikipedia

    en.wikipedia.org/wiki/Special_Flood_Hazard_Area

    A Special Flood Hazard Area (SFHA) is an area identified by the United States Federal Emergency Management Agency (FEMA) as an area with a special flood or mudflow, and/or flood related erosion hazard, as shown on a flood hazard boundary map or flood insurance rate map. [1] Areas within the SFHA are designated on the flood insurance rate map as ...

  6. What is flood insurance, and why do you need it? - AOL

    www.aol.com/flood-insurance-why-220402245.html

    Is FEMA flood insurance enough? Under FEMA policies, coverage for single-family homes is capped at $250,000 for a building’s damage and $100,000 for its contents. For businesses, the maximum ...

  7. How Much Does Flood Insurance Cost? Everything You Need ... - AOL

    www.aol.com/finance/much-does-flood-insurance...

    Floods are the most common natural disaster in the United States. And they can be devastating: Just an inch or two of water damage can cause more than $25,000 in repairs and lost property. Flood ...

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