National Flood Insurance Program

Flood Insurance Manual
Producer's Edition

May 2005

TABLE OF CONTENTS


GENERAL RULES			GR 1

	I.	COMMUNITY ELIGIBILITY		GR 1
		A.	Participating (Eligible) Communities		GR 1
		B.	Emergency Program		GR 1
		C.	Regular Program		GR 1
		D.	Maps		GR 1
		E.	Probation		GR 1
		F.	Suspension		GR 1
		G.	Non-Participating (Ineligible) Communities		GR 1
		H.	Coastal Barrier Resources Act		GR 1
		I.	Federal Land		GR 1

	II.	POLICIES AND PRODUCTS AVAILABLE		GR 1
		A.	Standard Flood Insurance Policy		GR 1
		B.	Preferred Risk Policy		GR 2
		C.	Residential Condominium Building Association Policy (RCBAP)		GR 2
		D.	Mortgage Portfolio Protection Program (MPPP)		GR 2
		E.	Scheduled Building Policy		GR 2
		F.	Group Flood Insurance 		GR 2

	III.	BUILDING PROPERTY ELIGIBILITY		GR 2
		A.	Eligible Buildings		GR 2
		B.	Single Building		GR 4
		C.	Walls		GR 4
		D.	Determination of Building Occupancy		GR 4

	IV.	CONTENTS ELIGIBILITY		GR 5
		A.	Eligible Contents		GR 5
		B.	Vehicles and Equipment		GR 5
		C.	Silos, Grain Storage Buildings, and Cisterns		GR 5
		D.	Commercial Contents Coverage		GR 5

	V.	EXAMPLES OF ELIGIBLE RISKS		GR 5
		A.	Building Coverage		GR 5
		B.	Contents Coverage		GR 6
		C.	Condominiums		GR 6

	VI.	INELIGIBLE PROPERTY		GR 6
		A.	Buildings		GR 6
		B.	Container-Type Buildings		GR 6
		C.	Buildings Entirely Over Water		GR 6
		D.	Buildings Partially Underground		GR 6
		E.	Basement/Elevated Building Enclosures		GR 6

	VII.	EXAMPLES OF INELIGIBLE RISKS		GR 6
		A.	Building Coverage		GR 6
		B.	Contents Coverage		GR 7
		C.	Non-Residential Condominium Unit		GR 7

	VIII.	POLICY EFFECTIVE DATE		GR 7
		A.	Evidence of Insurance		GR 7
		B.	Start of Waiting Period		GR 7
		C.	Effective Date		GR 7


	IX.	COVERAGE		GR 9
		A.	Limits of Coverage		GR 9
		B.	Deductibles		GR 9
		C.	Coverage D - Increased Cost of Compliance (ICC) Coverage		GR 9
		D.	Reduction of Coverage Limits or Reformation		GR 10

	X.	SPECIAL RATING SITUATIONS		GR 10
		A.	Tentative Rates		GR 10
		B.	Submit-For-Rate		GR 10
		C.	Provisional Rates		GR 10
		D.	Buildings in More Than One Flood Zone		GR 10

	XI.	MISCELLANEOUS RULES		GR 11
A.	Policy Term		GR 11
B.	Application Submission		GR 11
C.	Delivery of the Policy		GR 11
D.	Assignment		GR 11
E.	Producers' Commissions (Direct Business Only)		GR 11

APPLICATION			APP1

	I.	USE OF THE FORM		APP 1

	II.	TYPES OF BUILDINGS		APP 1

	III.	SCHEDULED BUILDING POLICY		APP 1

	IV.	COMPLETING PART 1 OF THE FLOOD INSURANCE APPLICATION FORM		APP 1
		A.	Policy Status		APP 1
		B.	Policy Term (Billing/Policy Period)		APP 1
		C.	Agent Information		APP 2
		D.	Insured Mail Address		APP 2
		E.	Disaster Assistance		APP 2
		F.	First Mortgagee		APP 2
		G.	Second Mortgagee or Other		APP 2
		H.	Property Location 		APP 2
		I.	Community		APP 2
		J.	Building 		APP 3
		K.	Contents		APP 4
		L.	Construction Data		APP 4
		M.	Coverage and Rating		APP 6
		N.	Signature		APP 6

	V.	COMPLETING PART 2 OF THE FLOOD INSURANCE APPLICATION FORM		APP 6
		Section I - All Building Types		APP 7
		Section II - Elevated Buildings		APP 7
		Section III - Manufactured (Mobile) Homes/Travel Trailers		APP 7

	VI.	MAILING INSTRUCTIONS		APP 8

	VII.	HANDLING OF INCOMPLETE OR INCORRECT APPLICATIONS		APP 8



RATING			RATE 1

	I.	AMOUNT OF INSURANCE AVAILABLE		RATE 1

	II.	RATE TABLES		RATE 1

	III.	DEDUCTIBLES		RATE 12
		A.	Buy-Back Deductibles		RATE 12
		B.	Changes in Deductible Amount		RATE 12

	IV.	INCREASED COST OF COMPLIANCE (ICC) COVERAGE		RATE 14

	V.	RATING STEPS		RATE 15

	VI.	PREMIUM CALCULATION		RATE 16
		A.	Emergency Program		RATE 16
		B.	Regular Program		RATE 16

	VII.	KEY POINTS FOR RATING		RATE 17
		A.	Basic Limits and Additional Limits		RATE 17
		B.	Whole Dollars		RATE 17
		C.	Increased Cost of Compliance (ICC) Premium		RATE 17
		D.	Federal Policy Fee		RATE 17
		E.	Buildings in More Than One Flood Zone		RATE 17
		F.	Mortgagee on Policy--Higher Deductible Requested		RATE 17

	VIII.	REGULAR PROGRAM, POST-FIRM ELEVATION-RATED RISKS		RATE 17
		A.	Elevation Difference		RATE 17
		B.	Examples		RATE 18
		C.	Optional Elevation Rating		RATE 19

	IX.	PRE-FIRM ELEVATED BUILDING RATED AT PRE-FIRM RATES		RATE 19

	X.	AR ZONE AND AR DUAL ZONE RATING		RATE 19

	XI.	POST-FIRM AO ZONE RATING		RATE 19

	XII.	POST-FIRM RATING OF ELEVATED BUILDINGS IN ZONES B, C, X, A99,
	  AND D		RATE 19

	XIII.	REGULAR PROGRAM V ZONE POST-FIRM CONSTRUCTION		RATE 19
		A.	Rating All V Zone Buildings		RATE 19
B.	Zones VE and V1-V30--Enclosure Containing Machinery or
	  Equipment Below BFE 		RATE 19
		C.	1975-81 Post-FIRM V Zone Construction		RATE 20
		D.	1981 Post-FIRM V Zone Construction		RATE 20
		E.	Elevated Buildings--1981 Post-FIRM V Zone Construction		RATE 20

	XIV.	SPECIAL RATING SITUATIONS		RATE 21
		A.	Tentative Rates		RATE 21
		B.	Alternative Rates		RATE 21
		C.	Map "Grandfather" Rules--Effect of Map Revisions on Flood Insurance Rates		RATE 21
		D.	Post-'81 V Zone Optional Rating		RATE 23
		E.	Policies Requiring Re-Rating		RATE 23
		F.	Submit-for-Rate		RATE 23
		G.	Crawl Space		RATE 24


	XV.	CONTENTS LOCATION		RATE 25
		A.	Single Family Dwellings		RATE 25
		B.	Multi-Family and Non-Residential Buildings		RATE 25

	XVI.	FIRMS WITH WAVE HEIGHTS		RATE 29
		A.	Procedure for Calculating Wave Height Adjustment		RATE 29
B.	Wave Heights in Numbered Zones V1-V30 and VE 1981 Post-FIRM
			  Construction		RATE 29
		C.	Unnumbered V Zones 1981 Post-FIRM Construction		RATE 30
		D.	Rate Selection Procedure		RATE 30

	XVII.	FLOODPROOFED BUILDINGS		RATE 30
		A.	Elevation Difference		RATE 30
		B.	Rating		RATE 30

	XVIII.THE V-ZONE RISK FACTOR RATING FORM		RATE 31
		A.	Use			RATE 31
		B.	Submission		RATE 31

	XIX.	RATING EXAMPLES		RATE 47

CONDOMINIUMS			CONDO 1

	I.	METHODS OF INSURING CONDOMINIUMS		CONDO 1
		A.	Residential Condominium:  Association Coverage on Building and Contents		CONDO 1
		B.	Residential Condominium:  Unit Owner's Coverage on Building and Contents.		CONDO 1
		C.	Other Residential Condominium:  Condominium Association Policy,
			  Association Coverage on Building and Contents		CONDO 1 
		D.	Nonresidential (Commercial) Condominium:  Building and Contents		CONDO 2
E.	Nonresidential (Commercial) Condominium: Unit Owner's Coverage 
	  (Contents)		CONDO 2

	II.	POLICY FORM		CONDO 6

	III.	ELIGIBILITY REQUIREMENTS		CONDO 6

	IV.	COVERAGE		CONDO 6
		A.	Property Covered		CONDO 6
		B.	Coverage Limits		CONDO 6
		C.	Replacement Cost and Coinsurance		CONDO 7
		D.	Assessment Coverage		CONDO 7

	V.	DEDUCTIBLES AND FEES		CONDO 7
		A.	Deductibles		CONDO 7
		B.	Federal Policy Fee		CONDO 7
 
	VI.	TENTATIVE RATES AND SCHEDULED BUILDINGS		CONDO 7

	VII.	COMMISSIONS (DIRECT BUSINESS ONLY)		CONDO 7

	VIII.	CANCELLATION OR ENDORSEMENT OF EXISTING UNIT 
		  OWNERS' DWELLING POLICIES		CONDO 8




	IX.	APPLICATION FORM		CONDO 8
 		A.	Type of Building		CONDO 8
		B.	Replacement Cost Value 		CONDO 8
		C.	Coverage		CONDO 8
		D.	Rates and Fees		CONDO 9

	X.	CONDOMINIUM RATING EXAMPLES		CONDO 23

PREFERRED RISK POLICY		PRP 1

	I.	GENERAL DESCRIPTION		PRP 1

	II.	ELIGIBILITY REQUIREMENTS		PRP 1
		A.	 Flood Zone		PRP 1
		B.	 Occupancy		PRP 1
		C.	 Loss History		PRP 1
		D.	 Exclusions		PRP 1

	III.	DOCUMENTATION		PRP 2

	IV.	RENEWAL		PRP 2

	V.	COVERAGE LIMITS		PRP 2

	VI.	REPLACEMENT COST COVERAGE		PRP 2

	VII.	DISCOUNTS/FEES/ICC PREMIUM		PRP 2

	VIII.	DEDUCTIBLES		PRP 2

	IX.	ENDORSEMENTS		PRP 2

X.	CONVERSION OF STANDARD RATED POLICY TO PRP DUE TO
	MISRATING OR MAP REVISION		PRP 2

	XI.	COMPLETING THE FLOOD INSURANCE PREFERRED
		RISK POLICY APPLICATION		PRP 4
		A.	Policy Status		PRP 4
		B.	Policy Term		PRP 4
		C.	Agent Information		PRP 4
		D.	Insured's Mailing Address		PRP 4
		E.	Disaster Assistance		PRP 4
		F.	First Mortgagee		PRP 4
		G.	Second Mortgagee or Other		PRP 4
		H.	Property Location		PRP 4
		I.	Community		PRP 5
		J.	Building and Contents		PRP 5
		K.	Notice		PRP 5
		L.	Premium		PRP 5
		M.	Signature		PRP 5

INDEX			IND 1



RATING

Amount of Insurance Available		RATE 1
Table 1.	Emergency Program Rates		RATE 1
Table 2.	Regular Program--Pre-FIRM Construction Rates		RATE 2
Table 3.	Regular Program--Post-FIRM Construction Rates		RATE 3
Table 4.	Regular Program--FIRM Zone AR and AR Dual Zones Rates		RATE 9
Table 5.	Regular Program--Pre-FIRM and Post-FIRM Elevation-Rated Rates		RATE 10
Table 6.	Precalculated Pre-FIRM Premium Table		RATE 11
Table 7.	Federal Policy Fee and Probation Surcharge Table		RATE 12
Table 8A.	Standard Deductibles		RATE 12
Table 8B.	Deductible Factors		RATE 13
Table 9.	Standard Flood Insurance Policy Increased Cost of Compliance (ICC)
		         Coverage Premiums		RATE 14
Table 10.	V-Zone Risk Rating RelativitiesTable		RATE 32

CONDOMINIUMS

	Table 1.	Condominium Underwriting Guidelines		CONDO 3
	Table 2.	Condominium Rating Chart		CONDO 4
	Table 3.	RCBAP High-Rise Condominium Rates		CONDO 10
	Table 4.	RCBAP Low-Rise Condominium Rates		CONDO 14
	Table 5.	RCBAP High-Rise and Low-Rise Condominium Rates--
			  1981 Post-FIRM V1-V30, VE Zone Rates		CONDO 19
	Table 6.	RCBAP High-Rise and Low-Rise Condominium Rates-- 
			  Increased Cost of Compliance (ICC) Coverage		CONDO 21
	Table 7.	RCBAP Deductible Factors  All Zones		CONDO 22


PREFERRED RISK POLICY

	The PRP at a Glance		PRP 1
	PRP Coverages Available Effective May 1, 2004		PRP 3



APPLICATION

	Flood Insurance Application - Part 1 	APP 9
	Flood Insurance Application - Part 2 	APP 10
	
RATING

	V-Zone Risk Factor Rating Form and Instructions	RATE 33

PREFERRED RISK POLICY

	Flood Insurance Preferred Risk Policy Application 	PRP 6



GENERAL RULES




I.	COMMUNITY ELIGIBILITY

A.	Participating (Eligible) Communities

Flood insurance may be written only in those 
communities that have been designated as 
participating in the National Flood Insurance 
Program (NFIP) by the Federal Emergency 
Management Agency (FEMA).

B.	Emergency Program

The Emergency Program is the initial phase of a 
community's participation in the NFIP. Limited 
amounts of coverage are available.

C.	Regular Program

The Regular Program is the final phase of a 
community's participation in the NFIP. In this 
phase, a Flood Insurance Rate Map is in effect 
and full limits of coverage are available.

D.	Maps

Maps of participating communities indicate the 
degree of flood hazard so that actuarial premium 
rates can be assigned for insurance coverage on 
properties at risk. 

1.	Flood Hazard Boundary Map (FHBM) - 
Usually the initial map of a community. 
Some communities entering the Regular 
Program will continue to use FHBMs 
renamed a Flood Insurance Rate Map 
(FIRM), if there is a minimum flood hazard.

2.	Flood Insurance Rate Map (FIRM) - The 
official map of the community containing 
detailed actuarial risk premium zones.

3.	Rescission - Participating communities 
in the Emergency Program remain in the 
Emergency Program if an FHBM is 
rescinded.

E.	Probation

Probation, imposed by the FEMA Regional 
Director, occurs as a result of noncompliance 
with NFIP floodplain management criteria. A 
community is placed on probation for 1 year 
(may 


be extended), during which time a $50 
surcharge is applied to all NFIP policies, 
including the Preferred Risk Policy, issued on or 
after the Probation Surcharge effective date.  
Probation is terminated if deficiencies are 
corrected. However, if a community does not 
take remedial or corrective measures while on 
probation, it can be suspended.

F.	Suspension

Flood insurance may not be sold or renewed in 
communities that are suspended from the NFIP. 
When a community is suspended, coverage 
remains in effect until expiration. These policies 
cannot be renewed.

G.	Non-Participating (Ineligible) Communities

When FEMA provides a non-participating 
community with a Flood Hazard Boundary Map 
(FHBM) or Flood Insurance Rate Map (FIRM) 
delineating its flood-prone areas, the community 
is allowed 1 year in which to join the NFIP.  If the 
community chooses not to participate in the 
NFIP, flood insurance is not available.

H.	Coastal Barrier Resources Act

Flood insurance may not be available for 
buildings and/or contents located in coastal 
barriers or otherwise protected areas. See the 
Coastal Barrier Resources System section for 
additional information.

I.	Federal Land

Buildings and/or contents located on land owned 
by the federal government are eligible for flood 
insurance if the federal agency having control of 
the land has met floodplain management 
requirements. All federal land is recorded under 
the local community number even if that local 
community does not have jurisdiction.

II.	POLICIES AND PRODUCTS AVAILABLE

A.	Standard Flood Insurance Policy

The Standard Flood Insurance Policy (SFIP) 
consists of a Dwelling Form, a General Property 
Form, and a Residential Condominium Building 
Association Policy (RCBAP) Form.



B.	Preferred Risk Policy

The Preferred Risk Policy (PRP) is available in 
moderate-risk flood zones B, C, and X. 
Formerly, only single-family and two- to four-
family dwellings were eligible for coverage. 
Effective May 1, 2004, other residential and non-
residential buildings became eligible for 
coverage. For information about specific 
eligibility requirements and other changes in the 
Preferred Risk Policy, see the PRP section of 
this manual.

C.	Residential Condominium Building 
Association Policy (RCBAP)

The RCBAP is a condominium association policy 
that covers the common elements and all 
structural items of the units within a building.  It 
also covers contents owned in common.

D.	Mortgage Portfolio Protection Program 
(MPPP) 

The Mortgage Portfolio Protection Program 
(MPPP) offers a force-placed policy available 
only through a Write Your Own Company.

E.	Scheduled Building Policy

The Scheduled Building Policy is available to 
cover 2 to 10 buildings. The policy requires a 
specific amount of insurance to be designated 
for each building. To qualify, all buildings must 
have the same ownership and the same 
location. The properties on which the buildings 
are located must be contiguous.

F.	Group Flood Insurance

Group Flood Insurance is issued by the NFIP 
Direct Program in response to a Presidential 
disaster declaration. Disaster assistance 
applicants, in exchange for a modest premium, 
receive a minimum amount of building and/or 
contents coverage for a 3-year policy period. An 
applicant may cancel the group policy at any 
time and secure a regular Standard Flood 
Insurance Policy through the NFIP.

III.	BUILDING PROPERTY ELIGIBILITY 

G.	Eligible Buildings

Insurance may be written only on a structure 
with two or more outside rigid walls and a fully 
secured roof that is affixed to a permanent site.  
Buildings must resist flotation, collapse, and 
lateral movement. At least 51 percent of the 
actual cash value of buildings, including 
machinery and equipment, which are a part of 
the buildings, must be above ground level, 
unless the lowest level is at or above the Base 
Flood Elevation (BFE) and is below ground by 
reason of earth having been 


used as insulation material in conjunction with 
energy-efficient building techniques.

1.	Appurtenant Structures

The only appurtenant structure covered by 
the SFIP is a detached garage at the 
described location, which is covered under 
the Dwelling Form. Coverage is limited to 
no more than 10 percent of the limit of 
liability on the dwelling. Use of this 
insurance is at the policyholder's option but 
reduces the building limit of liability. The 
SFIP does not cover any detached garage 
used or held for use for residential (i.e., 
dwelling), business, or farming purposes.

2.	Manufactured (Mobile) Homes/Travel 
Trailers

Eligible buildings also include:

?	A manufactured home (a "manu-
factured home," also known as a 
mobile home, is a structure built on a 
permanent chassis, transported to its 
site in one or more sections, and 
affixed to a permanent foundation); or

?	A travel trailer without wheels, built on 
a chassis and affixed to a permanent 
foundation, that is regulated under the 
community's floodplain management 
and building ordinances or laws.

NOTE:	All references in this 
manual to manufactured 
(mobile) homes include tra-
vel trailers without wheels.

a.	Manufactured (Mobile) Homes - New 
Policies Effective on or After October 1, 
1982

To be insurable under the NFIP, a 
mobile home:

9.	Must be affixed to a permanent 
foundation. A permanent foun-
dation for a manufactured (mobile) 
home may be poured masonry slab 
or foundation walls, or may be 
piers or block supports, either of 
which support the mobile home so 
that no weight is supported by the 
wheels and axles of the mobile 
home.

?	Must be anchored if located in a 
Special Flood Hazard area. For 
flood insurance coverage, all new 


policies and subsequent renewals of 
those policies must be based upon 
the specific anchoring requirements 
identified below:

A manufactured (mobile) home 
located within a Special Flood 
Hazard Area must be anchored to a 
permanent foundation to resist 
flotation, collapse, or lateral 
movement by providing over-the-top 
or frame ties to ground anchors; or in 
accordance with manufacturer's 
specifications; or in compliance with 
the community's floodplain man-
agement requirements.

b.	Manufactured (Mobile) Homes - 
Continuously Insured Since September 
30, 1982

All manufactured (mobile) homes on a 
foundation continuously insured since 
September 30, 1982, can be renewed 
under the previously existing require-
ments if affixed to a permanent 
foundation.

Manufactured (mobile) homes in 
compliance with the foundation and 
anchoring requirements at the time of 
placement may continue to be renewed 
under these requirements even though 
the requirements are more stringent at a 
later date.

To be adequately anchored, the 
manufactured (mobile) home is 
attached to the foundation support 
system, which in turn is established 
(stabilized) into the ground, sufficiently 
to resist flotation, collapse, and lateral 
movement caused by flood forces, 
including wind forces in coastal areas.

3.	Silos and Grain Storage Buildings

4.	Cisterns

5.	Buildings Entirely Over Water - 
Constructed or Substantially Improved 
Before October 1, 1982

Follow "submit for rate" instructions in the 
Rating section for insurance on Post-FIRM 
buildings located entirely in, on, or over 
water or seaward of mean high tide for these 
buildings. Pre-FIRM buildings constructed 
before October 1, 1982, are eligible for 
normal Pre-FIRM rates.
If the building's start of construction occurred 
on or after October 1, 1982, the building is 
ineligible for coverage.

6.	Buildings Partially Over Water

Follow "submit for rate" instructions in the 
Rating section for buildings partially over 
water. However, Pre-FIRM buildings are 
eligible for normal Pre-FIRM rates.

7.	Boathouses Located Partially Over Water

The non-boathouse parts of a building into 
which boats are floated are eligible for 
coverage if the building is partly over land 
and also used for residential, commercial, or 
municipal purposes and is eligible for flood 
coverage. The area above the boathouse 
used for purposes unrelated to the 
boathouse use (e.g., residential occupancy) 
is insurable from the floor joists to the roof 
including walls. A common wall between the 
boathouse area and the other part of the 
building is insurable. The following items are 
not covered:

a.	The ceiling and roof over the boathouse 
portions of the building into which boats 
are floated.

b.	Floors, walkways, decking, etc., within 
the boathouse area, or outside the 
area, but pertaining to boathouse use.

c.	Exterior walls and doors of the 
boathouse area not common to the rest 
of the building.

d.	Interior walls and coverings within the 
boathouse area.

e.	Contents located within the boathouse 
area, including furnishings and 
equipment, relating to the operation 
and storage of boats and other 
boathouse uses.

The Flood Insurance Application form with 
photographs, but without premium, must be 
submitted to the NFIP for premium 
determination. No coverage becomes 
effective until the NFIP approves the 
insurance application, determines the rate, 
and receives the premium. However, 
buildings in existence prior to October 1, 
1982, may continue to be rated using the 
published rate.


8.	Buildings in the Course of Construction

Buildings in the course of construction that 
have yet to be walled and roofed are eligible 
for coverage except when construction has 
been halted for more than 90 days and/or if 
the lowest floor used for rating purposes is 
below the Base Flood Elevation (BFE). 
Materials or supplies intended for use in 
such construction, alteration, or repair are 
not insurable unless they are contained 
within an enclosed building on the premises 
or adjacent to the premises.

9.	Repetitive Loss Target Group Properties

These must be processed by the NFIP 
Special Direct Facility.  See the Repetitive 
Loss section of this manual for information.

H.	Single Building 

To qualify as a single building structure and be 
subject to the single building limits of coverage, 
a building must be separated from other 
buildings by intervening clear space or solid, 
vertical, load-bearing division walls.

A building separated into divisions by solid, 
vertical, load-bearing walls from its lowest level 
to its highest ceiling may have each division 
insured as a separate building.  A solid load-
bearing interior wall cannot have any openings 
and must not provide access from one building 
or room into another (partial walls). If access is 
available through a doorway or opening, then 
the structure must be insured as one building.

Flood insurance for a unit of a multiple-unit 
complex may be written as a single-building 
policy, provided that: the unit is self contained; it 
is a separately titled unit contiguous to the 
ground; it has a separate legal description; and it 
is regarded as a separate property for other real 
estate purposes, meaning that it has most of its 
own utilities and may be deeded, conveyed, and 
taxed separately.

Additions and Extensions

The NFIP insures additions and extensions 
attached to and in contact with the dwelling by 
means of a rigid exterior wall, a solid load-
bearing interior wall, a stairway, an elevated 
walkway, or a roof. At the insured's option, 
additions and extensions connected by any of 
these methods may be separately insured. 
Additions and extensions attached to and in 
contact with the building by means of a common 
interior wall that is not a solid load-bearing wall 
are always considered part of the dwelling and 
cannot be separately insured.

I.	Walls

2.	Breakaway Walls

For an enclosure's wall to qualify as 
breakaway, it must meet all of the following 
criteria:

a.	Above ground level; and

b.	Below the elevated floor of an elevated 
structure; and

c.	Non-structurally supporting (non-load-
bearing walls); and

d.	Designed to fail under certain wave 
force conditions; and

e.	Designed so that, as a result of failure, it 
causes no damage to the elevated 
portions of the elevated building and/or 
its supporting foundation system.

3.	Shear Walls

Shear walls are used for structural support, 
but are not structurally joined or enclosed at 
the ends (except by breakaway walls).  
Shear walls are parallel (or nearly parallel) 
to the flow of the water and can be used in 
any zone.

4.	Solid Perimeter Foundation Walls

Solid perimeter foundation walls are used as 
a means of elevating the building in A Zones 
and must contain proper openings to allow 
for the unimpeded flow of floodwaters more 
than 1 foot deep.

Solid perimeter foundation walls are not an 
acceptable means of elevating buildings in 
V/VE Zones.

J.	Determination of Building Occupancy

The following terms should be used to determine 
the appropriate occupancy classification:

5.	Single Family Dwellings

These are non-condominium residential 
buildings designed for principal use as a 
dwelling place for one family, or a single-
family dwelling unit in a condominium 
building. Residential single family dwellings 
are permitted incidental occupancies, 
including structures with office, professional, 
private school, or studio occupancies, 
including a small service operation, if such 
occupancies are limited to less than 50 
percent of the building's total floor area.

2.	2-4 Family Dwellings

These are non-condominium residential 
buildings designed for principal use as a 
dwelling place of two to four families. 
Residential buildings, excluding hotels and 
motels with normal room rentals for less than 
6 months' duration and containing no more 
than 4 dwelling units, are permitted incidental 
occupancies (see D.1 above). The total area 
of incidental occupancy is limited to less than 
25 percent of the total floor area within the 
building.

3.	Other Residential Buildings

These include hotels or motels where the 
normal occupancy of a guest is 6 months or 
more, or a tourist home or rooming house 
which has more than four roomers. This also 
includes residential buildings, excluding 
hotels and motels with normal room rentals 
for less than 6 months' duration and 
containing more than four dwelling units. 
These buildings are permitted incidental 
occupancies (see D.1 above). The total area 
of incidental occupancy is limited to less than 
25 percent of the total floor area within the 
building. Examples of other residential 
buildings include dormitories and assisted 
living facilities.

4.	Non-Residential Buildings

This category includes all other eligible 
occupancies (e.g., garages, poolhouses, 
recreational buildings, agricultural buildings, 
licensed bed and breakfasts, nursing 
homes, etc.).

IV.	CONTENTS ELIGIBILITY

K.	Eligible Contents

Contents must be located in a fully enclosed 
building or secured to prevent flotation out of the 
building.

L.	Vehicles and Equipment

The NFIP covers self-propelled vehicles or 
machines, provided they are not licensed for use 
on public roads and are:


1.	Used mainly to service the described 
location; or

2.	Designed and used to assist handicapped 
persons;

while the vehicles or machines are inside a 
building at the described location.

M.	Silos, Grain Storage Buildings, and Cisterns

Contents located in silos, grain storage buildings, 
and cisterns are insurable.

N.	Commercial Contents Coverage

Commercial contents in a residential property 
must be insured on the General Property Form.

V.	EXAMPLES OF ELIGIBLE RISKS

Since the question of coverage eligibility has 
frequently been raised, examples of eligible risks 
are provided below.

O.	Building Coverage

6.	Cooperative Building--Entire Building in 
Name of Cooperative (General Property 
Form)

Cooperative buildings where at least 75 percent 
of the area of the building is used for residential 
purposes are considered as residential 
occupancies, and can be insured for a maximum 
building coverage of $250,000 in a Regular 
Program community under the General Property 
Form. Since they are not in the condominium 
form of ownership, they cannot be insured under 
the RCBAP.

7.	Time Sharing Building--Entire Building in 
Name of Corporation (General Property 
Form)

Timeshare buildings not in the condominium form 
of ownership where at least 75 percent of the 
area of the building is used for residential 
purposes are considered as residential 
occupancies under the NFIP, and can be insured 
for a maximum building coverage of $250,000 
under the General Property Form.

Timeshare buildings in the condominium form of 
ownership are eligible for coverage and must be 
insured under the RCBAP. These buildings are 
subject to the same eligibility, rating, and 
coverage requirements as other condominiums, 
including the requirement that 75 percent of the 
area of the building be used for residential 
purposes.

P.	Contents Coverage

Parts and equipment as open stocknot part of 
specific vehicle or motorized equipmentare 
eligible for coverage.

Q.	Condominiums

Refer to pages CONDO 3 and 4.

VI.	INELIGIBLE PROPERTY

R.	Buildings

Coverage may not be available for buildings that 
are constructed or altered in such a way as to 
place them in violation of state or local floodplain 
management laws, regulations, or ordinances. 
Contents and personal property contained in 
these buildings are ineligible for coverage.

For example, section 1316 of the National Flood 
Insurance Act of 1968 allows the states to declare 
a structure to be in violation of a law, regulation, 
or ordinance.  Flood insurance is not available 
for properties that are placed on the 1316 
Property List.  Insurance availability is restored 
once the violation is corrected and the 1316 
Declaration has been rescinded.

S.	Container-Type Buildings

Gas and liquid tanks, chemical or reactor 
container tanks or enclosures, brick kilns, and 
similar units, and their contents are ineligible for 
coverage.

T.	Buildings Entirely Over Water

Buildings newly constructed or substantially 
improved on or after October 1, 1982, and 
located entirely in, on, or over water or seaward 
of mean high tide are ineligible for coverage.

U.	Buildings Partially Underground

If 50 percent or more of the building's actual 
cash value, including the machinery and 
equipment, which are part of the building, is 
below ground level, the building or units and 
their contents are ineligible for coverage unless 
the lowest level is at or above the BFE and is 
below ground by reason of earth having been 
used as insulation material in conjunction with 
energy efficient building techniques.

V.	Basement/Elevated Building Enclosures

Certain specific property in basements and 
under elevated floors of buildings is excluded 
from coverage.  See the policy contract for 
specific information.

VII.	EXAMPLES OF INELIGIBLE RISKS

Some specific examples of ineligible risks are 
provided below.  See the policy for a definitive 
listing of property not covered.

W.	Building Coverage

8.	Boat Repair Dock

9.	Boat Storage Over Water

10.	Boathouses (exceptions on page GR 3)

11.	Camper

12.	Cooperative Unit Within Cooperative 
Building

6.	Decks (except for steps and landing; 
maximum landing area of 16 sq. ft.)

7.	Drive-In Bank Teller Unit (located outside 
walls of building)

8.	Fuel Pump

9.	Gazebo (unless it qualifies as a building)

10.	Greenhouse (unless it has at least two rigid 
walls and a roof)

11.	Hot tub or spa (unless it is installed as a 
bathroom fixture)

12.	Open Stadium

13.	Pavilion (unless it qualifies as a building)

14.	Pole Barn (unless it qualifies as a building)

15.	Pumping Station (unless it qualifies as a 
building)

16.	Storage Tank--Gasoline, Water, Chemicals, 
Sugar, etc.

17.	Swimming Pool Bubble

18.	Swimming Pool (indoor or outdoor)

19.	Tennis Bubble

20.	Tent

21.	Time Sharing Unit Within Multi-Unit Building

22.	Travel Trailer (unless converted to a 
permanent onsite building meeting the 
community's floodplain management permit 
requirements)

23.	Water Treatment Plant (unless 51 percent of 
its actual cash value is above ground)

B.	Contents Coverage

9.	Automobiles--Including Dealer's Stock 
(assembled or not)

10.	Bailee's Customer Goods--Including 
garment contractors, cleaners, shoe repair 
shops, processors of goods belonging to 
others, and similar risks

11.	Contents Located in a Structure Not Eligible 
for Building Coverage

12.	Contents Located in a Building Not Fully 
Walled and/or Contents Not Secured 
Against Flotation

13.	Motorcycles--Including Dealer's Stock 
(assembled or not)

14.	Motorized Equipment--Including Dealer's 
Stock (assembled or not)

C.	Non-Residential Condominium Unit

The owner of a non-residential condominium 
unit cannot purchase a unit owner's policy.  The 
association can purchase a condominium 
association policy to cover the entire building. 
Contents coverage only may be purchased by 
the unit owner.

VIII.	POLICY EFFECTIVE DATE

D.	Evidence of Insurance

A copy of the Flood Insurance Application and 
premium payment, or a copy of the declarations 
page, is sufficient evidence of proof of purchase. 
The NFIP does not recognize an oral binder or 
contract of insurance.

B.	Start of Waiting Period

There is a standard 30-day waiting period for 
new applications and for endorsements to 
increase coverage.

15.	If the application or endorsement form and 
the premium payment are received at the 
NFIP within 10 days from the date of 
application or endorsement request, or if 
mailed by certified mail within 4 days from 
the date of application or endorsement 
request, then the waiting period will be 
calculated from the application or 
endorsement date.

16.	If the application or endorsement form and 
the premium payment are received at the 
NFIP after 10 days from the date of 
application or endorsement request, or are 
not mailed by certified mail within 4 days 
from the date of application or endorsement 
request, then the waiting period will be 
calculated from the date the NFIP receives 
the application or endorsement.

As used in VIIl.B.1. and 2. above, the term 
"certified mail" extends to not only the U.S. 
Postal Service but also certain third-party 
delivery services. Acceptable third-party delivery 
services include Federal Express (FedEx), 
United Parcel Service (UPS), and courier 
services and the like that provide proof of 
mailing.  Third-party delivery is acceptable if the 
delivery service provides documentation of the 
actual mailing date and delivery date to the NFIP 
insurer.  Bear in mind that third-party delivery 
services deliver to street addresses but cannot 
deliver to U.S. Postal Service post office boxes.

C.	Effective Date

1.	New Policy (other than 2, 3, or 4 below)--
The effective date of a new policy will be 
12:01 a.m., local time, on the 30th calendar 
day after the application date and the 
presentment of premium.  (Example: a 
policy applied for on May 3 will become 
effective 12:01 a.m., local time, on June 2.) 
The effective date of coverage is subject to 
the waiting period rule listed under B.1 or 
B.2 above.

2.	New Policy (in connection with making, 
increasing, extending, or renewing a loan, 
whether conventional or otherwise)--Flood 
insurance, which is initially purchased in 
connection with the making, increasing, 
extending, or renewal of a loan, shall be 
effective at the time of loan closing, 
provided that the policy is applied for and 
the presentment of premium is made at or 
prior to the loan closing. (Example: 
presentment of premium and application 
date--April 3, refinancing--April 3 at 3:00 
p.m., policy effective date--April 3 at 3:00 
p.m.) This rule applies to all buildings 
regardless of flood zone. The waiting 
period rule listed under B.1 or B.2 above 
does not apply.
3.	New Policy (in connection with mortgage 
portfolio reviews)--The 30-day waiting period 
does not apply when flood insurance is 
required as a result of a lender determining 
that a loan on a building in a Special Flood 
Hazard Area (SFHA) that does not have 
flood insurance coverage should be 
protected by flood insurance. The coverage 
is effective upon the completion of an 
application and the presentment of payment 
of premium. (Example: presentment of 
premium and application date--April 3, policy 
effective date--April 3.) The waiting period 
rule listed under B.1 or B.2 must be used.

4.	New Policy (when the initial 
purchase of flood insurance is in 
connection with the revision or updating of 
a Flood Hazard Boundary Map or Flood 
Insurance Rate Map)--During the 13-month 
period beginning on the effective date of 
the map revision, the effective date of a 
new policy shall be 12:01 a.m., local time, 
following the day after the application date 
and the presentment of premium. This rule 
only applies where the Flood Hazard 
Boundary Map (FHBM) or Flood Insurance 
Rate Map (FIRM) is revised to show the 
building to be in a Special Flood Hazard 
Area (SFHA) when it had not been in an 
SFHA. (Example: FIRM revised--January 1, 
2005, policy applied for and presentment of 
premium--August 3, 2005, policy effective 
date--August 4, 2005.) The waiting period 
rule listed under B.1 or B.2 above must be 
used.

5.	New Policy (in connection with the 
purchase of an RCBAP)--When a 
condominium association is purchasing a 
Residential Condominium Building 
Association Policy (RCBAP), the 30-day 
waiting period does not apply if the 
condominium association is required to 
obtain flood insurance as part of the 
security for a loan under the name of the 
condominium association. The coverage is 
effective upon completion of an application 
and presentment of premium. The waiting 
period rule listed under B.1 or B.2 above 
does not apply.

In all other circumstances, the 30-day 
waiting period applies, and the waiting 
period rule listed under B.1 or B.2 above 
must be used.

6.	New Policy (submit-for-rate application)-- 
With three exceptions (described below), 
the effective date of a new policy will be 
12:01 a.m., local time, on the 30th calendar 
day after the presentment of premium. 

The three exceptions are as follows.

First, there is no waiting period if the initial 
purchase of flood insurance on a submit-
for-rate application is in connection with 
making, increasing, extending, or renewing 
a loan, provided that the policy is applied 
for and the presentment of premium is 
made at or prior to the loan closing.  The 
waiting period rule listed under B.1 or B.2 
above does not apply.

Second, the 30-day waiting period does not 
apply when flood insurance is required as a 
result of a lender determining that a loan 
which does not have flood insurance 
coverage should be protected by flood 
insurance, because the building securing a 
loan is located in an SFHA. The coverage 
is effective upon the completion of an 
application and the presentment of 
payment of premium. This exemption from 
the 30-day waiting period applies only to 
loans in SFHAs, i.e., those loans for which 
the statute requires flood insurance. The 
waiting period rule listed under B.1 or B.2 
above must be applied.

Third, during the 13-month period 
beginning on the effective date of a map 
revision, the effective date of a new policy 
shall be 12:01 a.m., local time, following the 
day after the date the increased amount of 
coverage is applied for and the 
presentment of additional premium is 
made. This rule applies only on an initial 
purchase of flood insurance where the 
Flood Hazard Boundary Map (FHBM) or 
Flood Insurance Rate Map (FIRM) is 
revised to show the building to be in an 
SFHA when it had not been in an SFHA. 
The waiting period rule listed under B.1 or 
B.2 must be applied.

7.	New Policy (rewrite Standard to PRP)--The 
30-day waiting period does not apply when 
an insured decides to rewrite the existing 
policy at the time of renewal from Standard 
to a Preferred Risk Policy (PRP), provided 
that the selected PRP coverage limit 
amount is no higher than the next highest 
PRP amount above that which was carried 
on the Standard policy using the highest of 
building and contents coverage.  In those 
cases where the Standard policy has only 
one kind of coverage, either building or 
contents only, the 30-day waiting period 
applies.
In addition, if the structure is no longer 
eligible under the PRP or the insured 
decides to rewrite the existing PRP at 
renewal time to a Standard policy, the 
30-day waiting period does not apply 
provided the coverage limit amount is no 
more than the previous PRP coverage 
amount or the next highest PRP amount 
above that.

8.	New Policy (contents only)--Unless the 
contents are part of the security for a loan, 
the 30-day waiting period applies to the 
purchase of contents-only coverage.

9.	New Policy (documentation required)--The 
insurer may rely on an agent's 
representation on the application that the 
loan exception applies unless there is a 
loss during the first 30 days of the policy 
period.  In that case, the insurer must 
obtain documentation of the loan 
transaction, such as settlement papers, 
before adjusting the loss.

10.	Community's Initial Entry or 
Conversion from Emergency to Regular 
Program--Process according to rules 1 
through 9 above and 11 below.

11.	Endorsements--With two exceptions 
(described below), the effective date for a 
new coverage or an increase in limits on a 
policy in force shall be 12:01 a.m., local 
time, on the 30th calendar day following the 
date of endorsement and the presentment 
of additional premium, or on such later date 
set by the insured to conform with the 
reason for the change.

The two exceptions are as follows.

First, during the 13-month period beginning 
on the effective date of a map revision, the 
effective date of an endorsement of an 
existing policy shall be 12:01 a.m., local 
time, following the day after the application 
date and the presentment of premium. This 
rule applies only where the FHBM or FIRM 
is revised to show the building to be in an 
SFHA when it had not been in an SFHA.

Second, the 30-day waiting period does not 
apply when the additional amount of flood 
insurance is required in connection with the 
making, increasing, extending, or renewing 
of a loan, such as a second mortgage, 
home equity loan, or refinancing. The 
increased amount of flood coverage shall 
be effective at the time of loan closing, 
provided that the increased amount of 
coverage is applied for and the 
presentment of additional premium is made 
at or prior to the loan closing. The waiting 
period rule listed under B.1 or B.2 above 
does not apply.

12.	Renewals (inflation increase option)--The 
30-day waiting period does not apply when 
an additional amount of insurance is 
requested at renewal time that is no more 
than the amount of increase recommended 
by the insurer on the renewal bill to keep 
pace with inflation.  The increased amount 
of coverage will be effective at 12:01 a.m. 
on the date of policy renewal provided the 
premium for the increased coverage is 
received before the expiration of the grace 
period.

13.	Renewals (higher PRP limits)--The waiting 
period does not apply to a renewal offer to 
the insured for the next higher limits 
available under the PRP.

14.	Renewals (deductible reduction)--The 
30-day waiting period does not apply to a 
reduction of the deductible effective as of 
the renewal date.

IX.	COVERAGE

E.	Limits of Coverage

Coverage may be purchased subject to the 
maximum limits of coverage available under the 
Program phase in which the community is 
participating. Duplicate policies are not allowed.

F.	Deductibles

Deductibles apply separately to building 
coverage and to contents coverage.

G.	Coverage D - Increased Cost of 
Compliance (ICC) Coverage

For all new and renewal policies effective on or 
after May 1, 2003, the ICC limit of liability is 
$30,000.

The SFIP pays for complying with a State or local 
floodplain management law or ordinance affecting 
repair or reconstruction of a structure suffering 
flood damage.  Compliance activities eligible for 
payment are: elevation, floodproofing, relocation, 
or demolition (or any combination of these 
activities) of the insured structure. Eligible 
floodproofing activities are limited to non-
residential structures and residential structures 
with basements that satisfy FEMA's standards 
published in the Code of Federal Regulations [44 
CFR 60.6 (b) or (c)].

ICC coverage is mandatory for all Standard Flood 
Insurance Policies, except that coverage is not 
available for:

1.	Policies issued or renewed in the 
Emergency Program.


2.	Condominium units, including townhouse/ 
rowhouse condominium units. (The 
condominium association is responsible for 
complying with mitigation requirements.)

3.	Group Flood Insurance Policies.

4.	Appurtenant structures, unless covered by 
a separate policy.

ICC coverage contains exclusions in addition to 
those highlighted here.  See the policy for a list 
of exclusions.

To be eligible for claim payment under ICC, a 
structure must:

a.	Be a repetitive loss structure as defined, for 
which NFIP paid a previous qualifying claim, 
in addition to the current claim. The state or 
community must have a cumulative, 
substantial damage provision or repetitive 
loss provision in its floodplain management 
law or ordinance being enforced against the 
structure; OR

b.	Be a structure that has sustained substantial 
flood damage.  The state or community 
must have a substantial damage provision in 
its floodplain management law or ordinance 
being enforced against the structure.

The ICC premium is not eligible for the deductible 
discount.  First calculate the deductible discount, 
then add in the ICC premium for each policy year.

D.	Reduction of Coverage 
Limits or Reformation

In the event that the premium payment received 
is not sufficient to purchase the amounts of 
insurance requested, the policy shall be deemed 
to provide only such insurance as can be 
purchased for the entire term of the policy for the 
amount of premium received.

Complete provisions for reduction of coverage 
limits or reformation are described in:

1.	Dwelling Form, section VII, paragraph G.

2.	General Property Form, section VII, 
paragraph G.

3.	Residential Condominium Building Asso-
ciation Policy, section VIII, paragraph G. 

X.	SPECIAL RATING SITUATIONS

H.	Tentative Rates

Tentative rates are applied when producers are 
unable to provide all required underwriting 
information necessary to rate the policy. 
Tentatively rated policies cannot be endorsed to 
increase coverage limits or renewed for another 
policy term until required actuarial rating 
information and full premium payment are 
received by the NFIP. If a loss occurs on a 
tentatively rated policy, the loss payment will be 
limited by the amount of coverage that the 
premium initially submitted will purchase (using 
the correct actuarial rating information), and not 
the amount requested by application.

I.	Submit-For-Rate

Some risks, because of their unique underwriting 
characteristics, cannot be rated using this 
manual. Certain risks must be submitted to the 
NFIP Underwriting Unit to determine the 
appropriate rate.  Refer to page GR 8 for the 
applicable waiting period.

Submit-for-rate policies must be rerated annually 
using the newest rates.  If the NFIP Direct or 
WYO company does not have all the underwriting 
information, it must request the missing 
information from the insured in order to properly 
rate the risk.

Pre-FIRM risks may not be rated using the 
submit-for-rate process.

J.	Provisional Rates

Rules applicable to provisionally rated policies 
are provided in the Provisional Rating section of 
this manual.

K.	Buildings in More Than One Flood Zone

Buildings, not the land, located in more than one 
flood zone must be rated using the more 
hazardous zone. 

This condition applies even though the portion of 
the building located in the more hazardous zone 
may not be covered under the SFIP, such as a 
deck.
XI.	MISCELLANEOUS RULES

L.	Policy Term

The policy term available is 1 year for both NFIP 
Direct business policies and policies written 
through WYO Companies.

M.	Application Submission

Flood insurance applications and presentment of 
premium must be mailed promptly to the NFIP. 
The date of receipt of premium for the NFIP 
insurer is determined by either the date received 
at its offices or the date of certified mail.


In the context of submission of applications, 
endorsements, and premiums to the NFIP, the 
term "certified mail" has been broadened to 
include not only the U.S. Postal Service but also 
certain third-party delivery services. For details, 
see the paragraph following VIII.B.2. on page 
GR 7.

Producers are encouraged to submit flood 
insurance applications by certified mail. Certified 
mail ensures the earliest possible effective date if 
the application and premium are received by the 
NFIP insurer more than 10 days from the 
application date. The date of certification 
becomes the date of receipt at the NFIP.

N.	Delivery of the Policy

The producer is responsible for delivering the 
declarations page and the policy contract of a 
new policy to the insured and, if appropriate, to 
the lender. Renewal policy documentation is sent 
directly to the insured.



O.	Assignment

A property owner's flood insurance building 
policy may be assigned in writing to a purchaser 
of the insured property upon transfer of title 
without the written consent of the NFIP.

Policies on buildings in the course of 
construction and policies insuring contents only 
may not be assigned.

P.	Producers' Commissions (Direct Business 
Only)

The earned commission may be paid only to 
property or casualty insurance producers duly 
licensed by a state insurance regulatory 
authority. It shall not be less than $10 and is 
computed for both new and renewal policies as 
follows: Based on the Total Prepaid Amount 
(less the Federal Policy Fee) for the policy term, 
the commission will be 15 percent of the first 
$2,000 of annualized premium and 5 percent on 
the excess of $2,000.

Calculated commissions for mid-term endorse-
ments and cancellation transactions will be 
based upon the same commission percentage 
that was paid at the policy term's inception. 

Commissions for all Scheduled Building Policies 
are computed as though each building and 
contents policy was separately written.

For calculation of commission on an RCBAP, see 
the CONDO section.


APPLICATION





XII.	USE OF THE FORM

The NFIP Flood Insurance Application form, or a 
similar form for WYO companies, must be used 
for all flood insurance policies except the 
Preferred Risk Policy.

This section includes important guidance to 
carry out the regulatory intent and instructions 
on the rating of the different building types.

The flood insurance rate to be applied to a 
building in the NFIP is determined by 
establishing:

10.	Whether the building is Post-FIRM 
construction or Pre-FIRM construction.

?	The building description with regard to:

	-	Building occupancy
	-	Building type
	-	Basement type
	-	Elevated building type

11.	The flood risk zone

12.	The elevation of the building

XIII.	TYPES OF BUILDINGS

For purposes of the NFIP, distinctions have 
been made among the following building types:

13.	No basement

	-	One floor
	-	Split level
	-	Two or more floors

14.	Unfinished basement

	-	Split level
	-	Two or more floors

15.	Finished basement

	-	Split level
	-	Two or more floors

16.	Manufactured (mobile) home, including 
doublewide, or travel trailer, on foundation

17.	Elevated building

	-	No enclosure
	-	With enclosure (including crawl space)
An elevated building is a building that has 
no basement and that has its lowest 
elevated floor raised above ground level by 
foundation walls, shear walls, posts, piers, 
pilings, or columns.

For Post-FIRM buildings in V Zones, 
elevated on solid perimeter foundation 
walls, submit the Application to the NFIP 
Bureau's Underwriting Department for 
rating.

XIV.	SCHEDULED BUILDING POLICY

1.	To obtain a Scheduled Building Policy, an 
Application must be completed for each 
building and/or contents for which coverage 
is requested.
	
2.	For each scheduled building (building and/or 
contents coverage), the Federal Policy Fee 
is $30.00 per building
	
3.	All Flood Insurance Application forms must 
be completed in accordance with all Flood 
Insurance Manual rules and the Scheduled 
Building Policy qualifications.
	
4.	If requesting a Scheduled Building Policy, 
indicate Building #1, Building #2, etc., in the 
upper right corner of each Application. 
Staple together the Applications as a single 
unit.

XV.	COMPLETING PART 1 OF THE FLOOD 
INSURANCE APPLICATION FORM

The following are instructions for completing 
Part 1 of the Flood Insurance Application form.

Q.	Policy Status

In the upper right corner of the form, check the 
appropriate box to indicate if the application is 
for a NEW policy or a RENEWAL of an existing 
policy. If the application is for a renewal, enter 
the current 10-digit NFIP policy number.

R.	Policy Term (Billing/Policy Period)

Check the appropriate box to indicate who 
should receive the renewal bill. If BILL FIRST 
MORTGAGEE is checked, complete "First 
Mortgagee" section. If BILL SECOND 
MORTGAGEE, BILL LOSS PAYEE, or BILL 
OTHER is checked, provide mailing instructions 
in the "Second Mortgagee or Other" section.


Enter the policy effective date and policy 
expiration date (month-day-year).  The effective 
date of the policy is determined by adding the 
appropriate waiting period to the date of 
application listed in the "Signature" section. The 
standard waiting period is 30 days.

NOTE:	Refer to the General Rules section, 
page GR 8, for exceptions to the 
standard waiting period.

S.	Agent Information

Enter the producer's name, agency name and 
number, address, city, state, ZIP Code, 
telephone number, and fax number. Enter the 
producer's Tax I.D. Number or Social Security 
Number.

T.	Insured Mail Address

Enter the name, mailing address, city, state, ZIP 
Code, and telephone number of the insured. 
Reporting the insured's Tax I.D. Number or 
Social Security Number is optional.

If the insured's mailing address is a post office 
box or a rural route number, or if the address of 
the property to be insured is different from the 
mailing address, the "Property Location" section 
of the Application must be completed. If there is 
more than one building at the property location, 
see "H. Property Location" in the next column for 
further instructions.

U.	Disaster Assistance

Check YES if flood insurance is being required 
for disaster assistance. Identify the Government 
(disaster) agency, and enter the complete name 
and mailing address of the disaster agency. 
Enter the insured's case file number, Tax I.D. 
Number, or Social Security Number.

If NO is checked, no further information is 
required.

V.	First Mortgagee

Enter the name, mailing address, city, state, ZIP 
Code, telephone number, and fax number of the 
first mortgagee. Enter the loan number. If not 
available at the time of application, the loan 
number should be added to the policy by 
submitting a General Change Endorsement 
form.

For condominium association applications, the 
mortgagees for the individual condominium unit 
owners must not be entered here. The General 
Property Form and RCBAP provide coverage for 
the entire building and the real property 
elements, including all units within the building 
and the improvements within the units.
	
W.	Second Mortgagee Or Other

Identify additional mortgagees by checking the 
appropriate box and entering the loan number, 
the mortgagee's name, mailing address, 
telephone number, and fax number. 

For condominium associations, follow the 
appropriate instructions provided under "F. First 
Mortgagee."

If more than one additional mortgagee or 
disaster assistance agency exists, provide the 
requested information on the insurance agency's 
letterhead and attach the letterhead to the 
Application form. Provide the disaster assistance 
case number or the insured's Social Security 
Number.

X.	Property Location

Check YES if the location of the property being 
insured is the same as the insured's mailing 
address entered in the "Insured Mail Address" 
section. Leave the rest of the section blank 
unless there is more than one building at the 
property location.

If more than one building is at the location of the 
insured property, use the "Property Location" 
section to specifically identify the building. An 
example would be where five buildings with the 
same mailing address and location are insured 
with separate policies. Describe briefly the 
building (barn, silo, etc.) in this section or submit 
a sketch showing the location of insured 
buildings to assist the NFIP in matching the 
policy number to the specific building insured. A 
clear description of the insured's property is 
important.

If NO, provide address or location of the 
property to be insured.

If the insured's mailing address is a post office 
box or rural route number, give the street 
address, legal description, or geographic 
location of the property.

Y.	Community

Enter the name of the county or parish where 
the property is located.

Check YES if the property is located in an 
unincorporated area of a county; otherwise, 
check NO.
NOTE:	The mailing address may or may not 
reflect the community where the 
property is located. Do not rely on the 
mailing address when determining 
community status and identification. 
Because of possible changes in the 
Flood Insurance Rate Map (FIRM), do 
not rely on information from a prior 
policy.

Enter the community identification number, map 
panel number, and revision suffix for the 
community where the property is located. When 
there is only one panel (i.e., a flat map), the 
community number will consist of only six digits. 
Use the FIRM in effect at the time of 
presentment of premium and completion of 
application.

NOTE:	Not all communities that have been 
assigned NFIP community numbers 
are participating in the National Flood 
Insurance Program. Policies may not 
be written in nonparticipating com-
munities.

Community number and status may be obtained 
by calling the NFIP insurer, by consulting a 
local community official, or by checking the 
NFIP Community Status Book online 
(http://www.fema.gov/fema/csb.shtm).

Check YES if the property is located in a Special 
Flood Hazard Area; otherwise, check NO.

Enter the FIRM zone in the space provided. If 
the program type is Emergency, leave this area 
blank.

Check R if the community is in the Regular 
Program, or check E if the community is in the 
Emergency Program.

If the community program type is Regular and 
the building is Pre-FIRM construction, enter the 
FIRM zone, if known; otherwise, enter 
UNKNOWN and follow the Alternative Rating 
procedure explained in the Rating section of this 
manual. UNKNOWN cannot be used for 
manufactured homes or other buildings located 
in a community having flood Zones V or V1-V30 
(VE). 

Determine whether the community is located in 
a CBRS or OPA.  See CBRS section for 
additional information.




Z.	Building

Complete all required information in this section. 

?	Building Occupancy

	Indicate the type of occupancy for the 
building (i.e., single family, 2-4 family, other 
residential, or non-residential).

?	Basement or Enclosed Area Below an 
Elevated Building

	Indicate whether the building contains a 
basement (i.e., lowest floor is below ground 
on all sides).  If an enclosure is the lowest 
floor for rating, use the "With Basement/ 
Enclosure" Rate Table to determine the rate.

	If the enclosure is not the lowest floor for 
rating, use the "Without Basement/ 
Enclosure" Rate Table and describe the 
building as "Without Basement/Enclosure." In 
A zones, this means that the enclosure was 
designed with proper openings; in Post-FIRM 
V zones constructed before October 1, 1981, 
the enclosure is less than 300 square feet 
with breakaway walls and no machinery or 
equipment in the enclosure is below the 
BFE. 

	The writing company may use the 
"Obstruction Type" description provided in 
the Transaction Record Reporting and 
Processing (TRRP) Plan to show the 
enclosure on the policy declarations page.

?	Small Business Risk 

	Indicate Yes or No.

?	Number of Floors or Building Type

	Indicate the number of floors in the entire 
building, including the basement/enclosed 
area if applicable, in the appropriate space.

If the building type is a townhouse/rowhouse 
being covered under an RCBAP, check 
"Townhouse/Rowhouse (RCBAP Lowrise 
Only)."

		If the building is a manufactured (mobile) 
home or travel trailer on a foundation, check 
"Manufactured (Mobile) Home on 
Foundation" regardless of the building's size. 
Dimensions of manufactured (mobile) homes 
and travel trailers are used only for 
determining replacement cost eligibility, not 
for rating.

?	Number of Occupancies (Units)

	For other than single family dwellings, 
indicate the number of units.

?	Condo Coverage

If condominium coverage is being 
purchased, indicate whether the coverage is 
for a condominium unit or the entire 
condominium building.

?	Residential Condominium Building Asso-
ciation Policy

	For a Residential Condominium Building 
Association Policy (RCBAP), enter the total 
number of units (including non-residential) 
within the building and indicate whether the 
building is a high-rise or low-rise.

?	Estimated Replacement Cost

Using normal company practice, estimate 
the replacement cost value and enter the 
value in the space provided. Include the cost 
of the building foundation when determining 
the replacement cost value.

?	Insured's Principal Residence

	Indicate whether the building is the 
policyholder's principal residence.

?	Building in Course of Construction

	Indicate whether the building is in the course 
of construction.

?	Deductible and Deductible Buyback

Enter the deductible amount for building 
and/or contents. Also indicate whether the 
applicant is "buying back" a $500 deductible. 
Refer to page RATE 12 to buy back a $500 
deductible. (See deductible factors on pages 
RATE 13 and CONDO 22.)

?	Elevated Building

Indicate whether this is an elevated building. 
If it is, also indicate, in the next block, 
whether the area below the lowest elevated 
floor is free of obstruction or with 
obstruction.

For all elevated buildings 
using elevation for rating, 
complete Part 2 on the 
back of the Flood 
Insurance Application 
after you have completed 
Part 1.


?	Describe Building and Use

For other than 1-4 family dwellings, describe 
the insured building and its use. This 
includes manufactured (mobile) homes and 
travel trailers, other residential structures, 
and non-residential buildings. For all 
manufactured (mobile) homes and travel 
trailers, complete Part 2 on the back of the 
Flood Insurance Application after you have 
completed Part 1.

?	State Government Ownership of Property

Check YES if the property is owned by state 
government; otherwise, check NO.

AA.	Contents

Check the box that describes the location of the 
contents to be insured.  Describe any contents 
that are not personal property household 
contents.

If only building insurance is to be purchased, be 
sure to notify the applicant of the availability of 
contents insurance. It is recommended that the 
applicant initial the contents coverage section if 
no contents insurance is requested. This will 
make the applicant aware that the policy will not 
provide payment for contents losses.

BB.	Construction Data

Construction Date

Check one of the five blocks in the first part 
of this section, and enter the appropriate 
date for the date of construction or 
building permit date. (For substantial 
improvement, see the "Substantial 
Improvement Exception" instructions 
that follow.)

In the Emergency Program, provide the 
month/day/year of construction. If the 
month and day are unknown, enter July 1 
(07/01) and enter the best information for 
the year of construction. The rest of the 
sections should be left blank.

If the building was constructed or 
substantially improved on or before 
December 31, 1974, or before the 
effective date of the initial FIRM for the 
community, the building is considered 
Pre-FIRM construction. Otherwise, the 
building is considered Post-FIRM.

If the building was substantially improved, 
enter the actual month, day, and year that 
substantial improvement started or the 
building permit date.

If the building was substantially damaged, 
enter the actual month, day, and year that 
substantial damage occurred. Substantial 
improvement includes buildings that 
have incurred "substantial damage" 
regardless of the actual repair work 
performed. The agent must obtain and 
submit a statement from a community 
official before the building can be 
considered substantially damaged.

If the policy is for a manufactured (mobile) 
home or travel trailer located outside a 
manufactured (mobile) home park or 
subdivision, enter the date of permanent 
placement of the manufactured (mobile) 
home. See the Rating section of this 
manual for rules for manufactured 
(mobile) homes located in manufactured 
(mobile) home parks and subdivisions.

Compare the date of 
construction or 
substantial improvement 
with the effective date 
of the initial FIRM to 
determine if the 
building was constructed 
Pre- or Post- the 
effective date of the 
initial FIRM.

?	Substantial Improvement Exception 

For new applications, 
renewal applications, 
and endorsements when 
making a rating 
correction concerning a 
substantial improvement 
to a Pre-FIRM building 
where the improvement is 
an addition to the 
building and it meets 
the conditions of Pre-
FIRM construction, found 
on pages RATE 15-16 of 
this manual, the 
producer should complete 
the Construction Data 
section of the 
Application as follows:

a.	Enter the date of 
construction for the Pre-FIRM part 
of the building (not the date of 
construction of the addition). This 
date will be shown as the 
construction date on the 
declarations page.

b.	Do not respond to the 
question IS BUILDING POST-FIRM 
CON-STRUCTION? Instead, 
complete the top part of this section 
as follows:

		"Substantial Improvement but 
continues to be Pre-FIRM."

c.	Supply the elevation data 
for the ADDITION.

d.	Complete the remainder of 
both parts of the Construction Data 
section in the usual manner.

If a policyholder elects to use the normal 
Post-FIRM rating for substantial 
improvement, the producer must 
complete Part 2 of the Application as 
indicated.

Elevation Information

Elevation information must be completed in 
the second part of the Construction Data 
section.

?	Post-FIRM 
Construction

Check YES if the building is Post-FIRM 
construction or substantial improvement; 
otherwise, check NO.

?	Building Diagram Number and Lowest 
Adjacent Grade

Provide the building diagram number 
and lowest adjacent grade from the 
Elevation Certificate. The lowest 
adjacent grade is not required for 
buildings without estimated BFE located 
in AO and unnumbered A and V zones. 
Policies rated using the Floodproofing 
Certificate do not require either the 
lowest adjacent grade or the diagram 
number.

In communities that participate in the 
NFIP's Community Rating System 
(CRS), building elevation information 
may be available from the community 
office in charge of building permits or 
floodplain management.

?	Elevation Information 
for Buildings in the 
Course of Construction

When the building is in 
the course of 
construction, the 
elevation information 
provided by the surveyor 
on the Elevation 
Certificate (EC) must be 
based on the proposed 
architectural plans. The 
NFIP requires the agent 
to describe and rate the 
structure based on the 
proposed plans. 

Buildings in the course 
of construction are to 
be rated the same as 
completed construction. 
A renewal application 
and a new EC are 
required at renewal 
time. For example, if 
the building is elevated 
and the proposed plans 
show an enclosure, the 
building must be 
described as elevated 
with an enclosure. The 
only exception is when 
an EC was prepared in 
the course of 
construction, and the 
surveyor was able to 
provide all elevation 
information required on 
the EC.

?	Lowest Floor Elevation 
and Related Items

Use the eight building diagrams on 
pages CERT 18-19 to determine the 
correct lowest floor. See pages LFG 1-7 
for information about determining the 
lowest floor for rating.  When entering 
elevation data, drop hundredths of a 
foot and show only tenths of a foot.  For 
example, if the elevation difference is 
10.49', enter 10.4'; do not round up to 
10.5'.

?	Wave Height Adjustment

In Zones V, V1-V30, and 
VE, if NO is checked for 
the question about 
Effects of Wave Action, 
refer to page RATE 29 
for guidelines for FIRMS 
with wave heights.

?	Floodproofing

If YES is checked for Floodproofed and 
the FIRM zone entered in the 
Community section of the Application is 
V, V1-V30, or VE, the Application must 
be submitted to the NFIP for 
underwriting and rating.  For all other 
zones, refer to pages RATE 30-31 for 
elevation difference and rating 
guidelines.

?	Elevation Certification

Enter the elevation certification date for 
all new business applications.

CC.	Coverage and Rating

Check desired coverage against the "Amount of 
Insurance Available" table on page RATE 1. 
Then enter the limits, indicate the rates and rate 
type, and add additional charges/credits, i.e., 
deductible reduction/increase, ICC Premium, 
CRS Premium Discount, Probation Surcharge (if 
any), and Federal Policy Fee. Calculate the 
Total Prepaid Amount.

DD.	Signature

The producer must sign the Application and is 
responsible for the completeness and accuracy 
of the information provided on it. Enter the date 
of application (month/day/year). The waiting 
period is added to this date to determine the 
policy effective date of the policy listed in the 
Policy Term section.  A check or money order 
for the Total Prepaid Amount, payable to the 
NFIP, must accompany the application.

A credit card payment by VISA, MasterCard, 
Diner's Club, or American Express will also be 
acceptable if a disclaimer form, signed by the 
insured, is submitted with the Flood Insurance 
Application. The disclaimer will state that 
cancellation of a policy due to a billing dispute 
will be permitted only for a billing error or fraud. 
If the credit card information is taken over the 
telephone by the producer, the producer may 
sign the authorization form on behalf of the 
payor only after having read the disclaimer to 
the payor.

XVI.	COMPLETING PART 2 OF THE FLOOD 
INSURANCE APPLICATION FORM

After completing Part 1 of the Flood Insurance 
Application, the producer must complete all 
relevant items in Part 2 of the Application for the 
following risks:

18.	Post-FIRM construction located in Zones 
A1-A30, AE, AH, AO, A, V1-V30, VE, and V.

19.	Pre-FIRM construction using optional Post-
FIRM rating located in Zones A1-A30, AE, 
AH, AO, A, V1-V30, VE, and V.

Part 2 of the Application collects information 
about risk factors affecting the building, 
occupancy information, and elevation data 
relative to the ground level. A completed 
Elevation Certificate must be attached to the 
Application before sending it to the NFIP.

To complete Part 2 of the Application, the 
producer must:

20.	Obtain all necessary information from the 
applicant. Then select the building diagram 
that best illustrates the applicant's building. 
These diagrams are shown in the Elevation 
Certificate and Instructions, which are 
reproduced in the Special Certifications 
section of this manual.
21.	Transcribe the information from the 
applicant and Elevation Certificate onto Part 
2 of the Application. For renewal applica-
tions, enter the policy number in the space 
at the top of the form. Be sure to have the 
applicant or the applicant's representative 
sign and date the bottom of the form.

The applicant or the applicant's representative 
must complete all numbered sections of the 
form, check all appropriate boxes, provide all 
information, and respond to all YES/NO 
questions that are applicable to the building. 
(For example, Section II should be completed 
only for Elevated Buildings.)

	SECTION IALL BUILDING TYPES

1.	The number of the building diagram 
selected is entered here. Use the diagrams 
shown at the end of the Elevation 
Certificate and Instructions.

2.-4.The agent may obtain the requested 
elevation information from Section C of the 
Elevation Certificate, or the applicant or the 
applicant's representative may provide this 
information. If the applicant or the 
applicant's representative furnishes these 
measurements, they must be taken with a 
ruler or tape measure. All measurements 
are rounded to the nearest foot using the 
ground (grade) immediately next to the 
building.

	NOTE: The terms "grade" and "ground" are 
used interchangeably. The intent is 
that man-made alterations of the 
grade, such as a declining driveway 
into a building or a dugout entrance 
to a basement, do not represent 
ground level.

5.	If "OTHER" is checked in Question 5b, a 
brief description of the source must be 
provided.

6.	If the answer to Question 6a is NO, 
Question 6b should be disregarded.

7.	If the answer to Question 7a is NO, 
Questions 7b, 7c, 7d, and 7e should be 
ignored.

	SECTION IIELEVATED BUILDINGS

If the building is a manufactured (mobile) 
home/travel trailer that has been elevated, 
complete this section in addition to Sections I 
and III.
8.	Check the type of foundation used for the 
building.

9.	If YES is checked, check the appropriate 
item(s).

10.	Refer to page LFG 1 to verify that the area 
below the elevated floor satisfies the 
definition of an enclosed area.  

	If Question 10a is NO, do not answer 
Questions 10b through 10f.
   
	In Question 10b, enter the size of the area 
in square feet.
   
	If Question 10c is YES, check the single 
most appropriate of boxes 1-4.
   
In Question 10d, check YES if the area is 
constructed with openings (excluding 
doors), within 1 foot of adjacent grade, to 
allow the passage of flood waters. Enter 
the number of openings and their total area 
in square inches.

	If Question 10e is YES, provide a 
description.

	In Question 10f, check YES if the enclosed 
area has more than 20 linear feet of 
finished wall, paneling, etc.; otherwise, 
check NO.

	SECTION IIIMANUFACTURED (MOBILE)
	HOMES/TRAVEL TRAILERS

11.		Fill in the make, year of manufacture, 
model number, and serial number.

12.		Enter the dimensions, excluding any 
permanent addition or extension to the 
manufactured (mobile) home or travel 
trailer.

13.		Check YES if permanent additions or 
extensions are present; otherwise, check 
NO.  If YES, enter dimensions.

14.		If OTHER is checked, describe the 
anchoring system.

15.		Check the appropriate box for how the 
manufactured (mobile) home was installed.

16.	Check YES if the manufactured (mobile) 
home is located in a manufactured (mobile) 
home park or subdivision; otherwise, check 
NO.
XVII.	MAILING INSTRUCTIONS

After completing all sections on the Application, 
attach all required certifications or other 
documents to the applicant's check, draft, or 
money order, payable to the NFIP for the Total 
Prepaid Amount.

A credit card payment by VISA, MasterCard, 
Diner's Club, or American Express will also be 
acceptable if a disclaimer form, signed by the 
insured, is submitted with the Flood Insurance 
Application. The disclaimer will state that 
cancellation of a policy due to a billing dispute 
will be permitted only for a billing error or fraud. 
If the credit card information is taken over the 
telephone by the producer, the producer may 
sign the authorization form on behalf of the 
payor only after having read the disclaimer to 
the payor.

Mail the original copy of the Application with the 
Total Prepaid Amount to the NFIP. Distribute 
copies of the Application to the agency file, the 
applicant, and the mortgagee. A copy of the 
Application and a copy of the premium payment 
are sufficient to satisfy the mortgagee's proof-of-
purchase requirements.

After receipt of the Application and total prepaid 
amount, the NFIP will process the Application 
and issue the policy. The policy contract and 
declarations page will be mailed to the insured. 
Copies of the declaration page will be mailed to 
the producer and mortgagee(s).



XVIII.	HANDLING OF INCOMPLETE OR 
INCORRECT APPLICATIONS

If an Application is not complete, or if the 
information presented on the Application is not 
correct, the Application will not be processed but 
will be placed in a pending file until the 
completed or corrected information is provided 
by the producer. For the NFIP direct business, if 
the missing information is not provided, a policy 
will be issued using Tentative Rates. If 
insufficient information is available to tentatively 
rate the policy, the flood insurance will be 
rejected and the premium remittance refunded.

For NFIP direct business, in the case of incom-
plete applications, the NFIP Servicing Agent will 
send the producer a transmittal document and a 
letter requesting the incomplete or missing 
information. Copies of this letter will be provided 
to the named insured and mortgagee(s). The 
producer should provide the additional or 
corrected information to the NFIP Servicing 
Agent along with the transmittal document.

Since coverage cannot be conferred in excess 
of the coverage that can be purchased for the 
amount presented (received by the NFIP), it is 
important that underpayment errors be corrected 
immediately. In the case of an underpayment, 
when both building and contents coverage have 
been requested, the coverage reduction will be 
prorated between building and contents in 
accordance with NFIP rules. The ratio of building 
to contents coverage for the full requested 
coverage will be used to determine the portion of 
the submitted premium available to purchase 
building and contents coverage.


 




 
RATING



This section contains information, including 
rate tables, required to accurately rate a 
flood insurance policy.  Information and 
rates for the Preferred Risk Policy (PRP) 
and Residential Condominium Building 
Association Policy (RCBAP) are found in 
their respective sections.

The detailed drawings, 
and accompanying text 
and tables, in the 
Lowest Floor Guide 
section are to be used 
as a guide for 
identifying the lowest 
floor for rating 
buildings.  This guide 
will assist in 
developing the proper 
rate for the building.


Examples of some rating 
situations are shown on 
pages RATE 47 through 
RATE 61.

A premium table for single family Pre-FIRM 
buildings located in Special Flood Hazard 
Areas (SFHAs) is located on page RATE 
11. These premiums were calculated using 
Rate Table 2. This premium table is 
included in this manual to help the agent 
more easily quote premiums for buildings 
that do not require elevation certification.




XIX.	AMOUNT OF INSURANCE AVAILABLE



REGULAR PROGRAM


EMERGENCY
PROGRAM
Basic
Insurance
Limits
Additional
Insurance
Limits
Total
Insurance
Limits
BUILDING COVERAGE

Single Family Dwelling
2-4 Family Dwelling
Other Residential
Non-Residential



	$  35,000 *
	$  35,000 *
	$100,000**
	$100,000**


$  50,000
$  50,000
$150,000
$150,000


$200,000
$200,000
$100,000
$350,000


$250,000
$250,000
$250,000
$500,000

CONTENTS COVERAGE

Residential
Non-Residential




	$  10,000
	$100,000



$  20,000
$130,000



$  80,000
$370,000



$100,000
$500,000

	 *	In Alaska, Guam, Hawaii, and U.S. Virgin Islands, the amount available is $50,000.
	**	In Alaska, Guam, Hawaii, and U.S. Virgin Islands, the amount available is $150,000.

	NOTE:	For RCBAP, refer to CONDO Section for basic insurance limits and 
maximum 	coverage available.



XX.	RATE TABLES



Rate tables are provided for the Emergency 
Program and for the Regular Program 
according to Pre-FIRM, Post-FIRM, and 
zone classifications. Tables 1-5 show 
annual rates per 



$100 of coverage. Table 6 provides 
precalculated Pre-FIRM premiums for 
various coverage limits. See Table 7 for 
Federal Policy Fee and Probation 
Surcharge.






TABLE 1.  EMERGENCY PROGRAM RATES
ANNUAL RATES PER $100 OF COVERAGE
(Basic/Additional)














Building

Contents




Residential

.76

  .96




Non-Residential

.83

1.62












TABLE 2.  REGULAR PROGRAM -- PRE-FIRM CONSTRUCTION RATES1
ANNUAL RATES PER $100 OF COVERAGE
(Basic/Additional)
FIRM ZONES A, AE, A1-A30, AO, AH, D
OCCUPANCY
Single Family
2-4 Family
Other Residential
Non-Residential


Building
Contents
Building
Contents
Building
Contents
Building
Contents

No Basement/Enclosure
.76 / .34
.96 / .60
.76 / .34

.76 / .70

.83 / .60


With Basement
.81 / .50
.96 / .50
.81 / .50

.76 / .58

.88 / .58


With Enclosure
.81 / .60
.96 / .60
.81 / .60

.81 / .74

.88 / .74


Manufactured (Mobile) Home2
.76 / .34
.96 / .60




.83 / .60


Basement & Above



.96 / .50

.96 / .50

1.62 / 1.00

Enclosure & Above



.96 / .60

.96 / .60

1.62 / 1.20

Lowest Floor Only - Above 
Ground Level



.96 / .60

.96 / .60

1.62 / .51

Lowest Floor Above Ground 
Level and Higher Floors



.96 / .41

.96 / .41

1.62 / .51

Above Ground Level - More
than One Full Floor



.35 / .12

.35 / .12

.24 / .12

Manufactured (Mobile) Home2







1.62 / .51










FIRM ZONES V, VE, V1-V30
OCCUPANCY
Single Family
2-4 Family
Other Residential
Non-Residential


Building
Contents
Building
Contents
Building
Contents
Building
Contents

No Basement/Enclosure
.99 / .88
1.23 / 1.58
.99 / .88

.99 / 1.66

1.10 / 1.66


With Basement
1.06 / 1.34
1.23 / 1.33
1.06 / 1.34

1.06 / 2.49

1.16 / 2.49


With Enclosure
1.06 / 1.58
1.23 / 1.58
1.06 / 1.58

1.06 / 2.79

1.16 / 2.79


Manufactured (Mobile) Home2
.99 / 4.18
1.23 / 1.58




1.10 / 7.03


Basement & Above



1.23 / 1.33

1.23 / 1.33

2.14 / 2.95

Enclosure & Above



1.23 / 1.58

1.23 / 1.58

2.14 / 3.21

Lowest Floor Only - Above
Ground Level



1.23 / 1.58

1.23 / 1.58

2.14 / 2.67

Lowest Floor Above Ground
Level and Higher Floors



1.23 / 1.39

1.23 / 1.39

2.14 / 2.28

Above Ground Level - More
than One Full Floor



.47 / .29

.47 / .29

.45 / .39

Manufactured (Mobile) Home2







2.14 / 6.53










FIRM ZONES A99, B, C, X
OCCUPANCY
Single Family
2-4 Family
Other Residential
Non-Residential


Building
Contents
Building
Contents
Building
Contents
Building
Contents

No Basement/Enclosure
.64 / .14
.99 / .25
.64 / .14

.57 / .14

.57 / .14


With Basement
.73 / .20
1.12 / .35
.73 / .20

.78 / .20

.78 / .20


With Enclosure
.73 / .23
1.12 / .40
.73 / .23

.78 / .23

.78 / .23


Manufactured (Mobile) Home2
.64 / .31
.99 / .25




.78 / .29


Basement & Above



1.26 / .46

1.26 / .46

1.30 / .48

Enclosure & Above



1.26 / .53

1.26 / .53

1.30 / .53

Lowest Floor Only - Above
Ground Level



.99 / .48

.99 / .48

.80 / .29

Lowest Floor Above Ground 
Level and Higher Floors



.99 / .25

.99 / .25

.80 / .25

Above Ground Level - More 
than One Full Floor



.35 / .12

.35 / .12

.22 / .12

Manufactured (Mobile) Home2







.70 / .43

1   Start of construction or substantial improvement on or before 12/31/74, or before the effective date of the initial Flood Insurance Rate 
	Map (FIRM).  If FIRM Zone is unknown, use rates for Zones A, AE, A1-A30, AO, AH, D. 
2  The definition of Manufactured (Mobile) Home includes travel trailers.  See page APP 3.



TABLE 3A.  REGULAR PROGRAM -- POST-FIRM CONSTRUCTION RATES
ANNUAL RATES PER $100 OF COVERAGE
(Basic/Additional)










FIRM ZONES A99, B, C, X
OCCUPANCY
Single Family
2-4 Family
Other Residential
Non-Residential


Building
Contents
Building
Contents
Building
Contents
Building
Contents

No Basement/Enclosure
.64 / .14
.99 / .25
.64 / .14

.57 / .14

.57 / .14


With Basement
.73 / .20
1.12 / .35
.73 / .20

.78 / .20

.78 / .20


With Enclosure
.73 / .23
1.12 / .40
.73 / .23

.78 / .23

.78 / .23


Manufactured (Mobile) Home1
.64 / .31
.99 / .25




.78 / .29


Basement & Above



1.26 / .46

1.26 / .46

1.30 / .48

Enclosure & Above



1.26 / .53

1.26 / .53

1.30 / .53

Lowest Floor Only - Above
Ground Level



.99 / .48

.99 / .48

.80 / .29

Lowest Floor Above Ground 
Level and Higher Floors



.99 / .25

.99 / .25

.80 / .25

Above Ground Level - More
than One Full Floor



.35 / .12

.35 / .12

.22 / .12

Manufactured (Mobile) Home1







.70 / .43










FIRM ZONE D
OCCUPANCY
Single Family
2-4 Family
Other Residential
Non-Residential


Building
Contents
Building
Contents
Building
Contents
Building
Contents

No Basement/Enclosure
.84 / .32
.96 / .57
.84 / .32

.91 / .57

.91 / .57


With Basement
***
***
***

***

***


With Enclosure
***
***
***

***

***


Manufactured (Mobile) Home1
1.10 / .62
1.09 / .66




2.07 / .77


Basement & Above



***

***

***

Enclosure & Above



***

***

***

Lowest Floor Only - Above 
Ground Level



.96 / .57

.96 / .57

1.62 / .52

Lowest Floor Above Ground
Level and Higher Floors



.96 / .39

.96 / .39

1.62 / .49

Above Ground Level - More 
than One Full Floor



.35 / .12

.35 / .12

.24 / .12

Manufactured (Mobile) Home1







1.62 / .52










FIRM ZONES AO, AH  ("No Basement" Buildings Only)2






Building
Contents
OCCUPANCY




1-4 Family
Other Res 
& Non-Res
Residential
Non- 
Residential
With Certification of Compliance3 



.25 / .06
.21 / .06
.34 / .11
.21 / .11
Without Certification of Compliance or Elevation Certificate4


.77 / .17
.84 / .30
.97 / .20
1.63 / .25
1	The definition of Manufactured (Mobile) Home includes travel trailers.  See page APP 3.
2 	Zones AO, AH Buildings With Basement/Enclosure:  Submit for Rating
3	 "With Certification of Compliance" rates are to be used when the Elevation Certificate shows that 
the lowest floor is equal to or greater than the community's elevation requirement.
4	"Without Certification of Compliance" rates are to be used only on Post-FIRM structures without an 
Elevation Certificate or when the Elevation Certificate shows that the lowest floor elevation of a 
Post-FIRM structure is less than the community's elevation requirement.
*** SUBMIT FOR RATING



TABLE 3B.  REGULAR PROGRAM -- POST-FIRM CONSTRUCTION RATES
ANNUAL RATES PER $100 OF COVERAGE
(Basic/Additional)



FIRM ZONES  AE, A1-A30  --  BUILDING RATES



One Floor, No
Basement/Encl
 
 
 



Elevation of 
Lowest Floor 
Above or 
Below BFE1
1-4 Family
Other 
Residential 
& Non-
Residential
1-4 Family
Other 
Residential 
& Non-
Residential
1-4 Family
Other 
Residential 
& Non-
Residential
Single 
Family
Non-
Residential


+4
.24 / .08
.20 / .08
.24 / .08
.20 / .08
.24/ .08
.20 / .08
.24 / .08
.20 / .08


+3
.24 / .08
.20 / .08
.24 / .08
.20 / .08
.24 / .08
.20 / .08
.25 / .08
.22 / .08


+2
.32 / .08
.26 / .08
.24 / .08
.20 / .08
.24 / .08
.20 / .08
.31 / .08
.25 / .08


+1
.59 / .08
.45 / .10
.38 / .08
.28 / .08
.29 / .08
.22 / .08
.73 / .09
.72 / .08


 0
1.08./ .08
.97 / .20
.77 / .08
.59 / .16
.56 / .08
.50 / .16
1.67 / .09
1.62 / .08


 -13
2.70 / 1.00
3.85 / 1.35
2.40 / .90
3.00 / .69
1.35 / .52
1.46 / .74
***
***


-2
***
***
***
***
***
***
***
***













FIRM ZONES  AE, A1-A30  --  CONTENTS RATES







Elevation of 
Lowest Floor
 
 
 
 



Above or
Below BFE1
Residential
Non-
Residential
Residential
Non-
Residential
Residential
Non-
Residential
Single 
Family
Non-
Residential


+4
.38 / .12
.22 / .12
.38 / .12
.22 / .12
.38 / .12
.22 / .12
.38 / .12
.22 / .12


+3
.38 / .12
.23 / .12
.38 / .12
.22 / .12
.38 / .12
.22 / .12
.38 / .12
.22 / .12


+2
.38 / .12
.24 / .12
.38 / .12
.24 / .12
.38 / .12
.22 / .12
.38 / .12
.31 / .14


+1
.59 / .12
.33 / .18
.41 / .12
.28 / .12
.38 / .12
.22 / .12
.59 / .12
.48 / .20


 0
1.10 / .12
.68 / .45
.72 / .12
.48 / .27
.40 / .12
.29 / .12
1.21 / .12
1.01 / .64


 -13
3.01 / .75
1.94 / 1.26
1.78 / .58
1.37 / .77
.48 / .12
1.06 / .12
***
***


-2
***
***
***
***
***
***
***
***







FIRM ZONES  AE, A1-A30  --  CONTENTS RATES




Elevation of
Above Ground Level


Lowest Floor
More than One Full Floor


Above or 
Below BFE1
Single Family
2-4 Family
Other Residential
Non-Residential


+4


.35 / .12
.35 / .12
.22 / .12


+3


.35 / .12
.35 / .12
.22 / .12


+2


.35 / .12
.35 / .12
.22 / .12


+1


.35 / .12
.35 / .12
.22 / .12


 0


.35 / .12
.35 / .12
.22 / .12


-1


.35 / .12
.35 / .12
.22 / .12


-2


.35 / .12
.37 / .12
.24 / .12


1   If Lowest Floor is 1 because of attached garage, submit application for special consideration.  Rate may be lower.
2    The definition of Manufactured (Mobile) Home includes travel trailers.  See page APP 3.
3   Use Submit-for-Rate guidelines if the enclosure below the lowest elevated floor of an elevated building or if the crawl 

    space (under-floor space) that has its interior floor within 2 feet below grade on all sides, which is used for rating, is 1 or
        more feet below BFE.
***  SUBMIT FOR RATING


TABLE 3C.  REGULAR PROGRAM -- POST-FIRM CONSTRUCTION RATES
ANNUAL RATES PER $100 OF COVERAGE
(Basic/Additional)








UNNUMBERED ZONE A  -- WITHOUT BASEMENT/ENCLOSURE1


BUILDING RATES
CONTENTS RATES



Occupancy
Occupancy


Elevation 
Difference to 
nearest foot

1-4 Family

Other & Non- 
Residential

Residential2

Non-
Residential2

TYPE OF ELEVATION
CERTIFICATE

+5  or  more
.36 / .10
.48 / .15
.62 / .12
.65 / .12


+2  to  +4
.80 / .12
.83 / .20
.82 / .17
.89 / .23
NO  ESTIMATED

+1
1.56 / .56
1.76 / .75
1.40 / .63
1.33 / .72
BASE  FLOOD  ELEVATION3

0  or  below
***
***
***
***


+2  or  more
.32 / .08
.34 / .09
.50 / .12
.49 / .12


0  to  +1
.77 / .10
.67 / .17
.72 / .15
.76 / .21
WITH  THE  ESTIMATED

-1
2.50 / .93
3.17 / 1.02
2.08 / .67
1.84 / 1.02
BASE  FLOOD  ELEVATION4

-2  or  below
***
***
***
***


No Elevation 
Certificate

2.93 / 1.20

3.96 / 1.70

2.61 / 1.00

2.74 / 1.35

No Elevation Certificate








1   Zone A building with basement (including crawl space below grade on all sides) or enclosure  --  Submit for Rating.
2   For elevation rated risks other than Single Family, when contents are located one floor or more above lowest floor 
used 
    used for rating  --  use  .35 /.12.





3   Elevation difference is the measured distance between the highest adjacent grade next to the building
    and the lowest floor of the building.




4   Elevation difference is the measured distance between the estimated BFE provided by the community
    or registered professional engineer, surveyor, or architect and the lowest floor of the building.

***  SUBMIT FOR RATING






















TABLE 3D.  REGULAR PROGRAM -- POST-FIRM CONSTRUCTION RATES
ANNUAL RATES PER $100 OF COVERAGE
(Basic/Additional)



FIRM ZONES '75-81,  V1-V30, VE  --  BUILDING RATES1



One Floor, No
Basement/Encl
More than One Floor,
No Basement/Encl
More than One Floor,
With Basement/Encl
Manufactured (Mobile)
Home2


Elevation of 
Lowest Floor 
Above or 
Below BFE
1-4 Family
Other 
Residential & 
Non-
Residential
1-4 Family
Other 
Residential 
& Non-
Residential
1-4 Family
Other 
Residential 
& Non-
Residential
Single 
Family
Non-
Residential


  03
1.90 / .34
2.30 / .89
1.53 / .34
1.66 / .83
1.33 / .34
1.49 / .67
2.84 / .28
4.07 / .25


 -14
4.06 / 2.08
6.05 / 3.33
3.72 / 2.08
5.22 / 2.53
2.63 / 1.88
2.75 / 2.57
***
***


-2
***
***
***
***
***
***
***
***













FIRM ZONES '75-81,  V1-V30, VE  --  CONTENTS RATES






Elevation of

Lowest Floor Only --
Above Ground Level
(No Basement/Encl.)
Lowest Floor
Above Ground Level
& Higher Floors (No
Basement/Encl.)

More than One 
Floor With
Basement/Enclosure

Manufactured (Mobile)
Home2


Lowest Floor
Above or 
Below BFE
Residential
Non-
Residential
Residential
Non-
Residential
Residential
Non-
Residential
Single 
Family
Non-
Residential


 03
2.94 / .41
2.60 / 1.91
1.92 / .45
1.82 / 1.13
1.08 / .50
1.08 / .50
2.83 / .45
2.95 / 2.43


 -14
6.47 / 3.14
6.35 / 5.53
3.82 / 2.43
4.35 / 3.45
1.27 / .50
3.88 / .50
***
***


-2
***
***
***
***
***
***
***
***















FIRM ZONES '75-81,  V1-V30, VE  --  CONTENTS RATES




Elevation of
Above Ground Level


Lowest Floor
More than One Full Floor


Above or 
Below BFE
Single Family
2-4 Family
Other Residential
Non-Residential


 03


.55 / .25
.55 / .25
.42 / .25


 -14


.55 / .25
.55 / .25
.42 / .25


-2


.55 / .25
.55 / .25
.46 / .25













1   Policies for 1975 through 1981 Post-FIRM and Pre-FIRM buildings in Zones VE and V1-V30 will be allowed to use                  
the Post-'81 V Zone rate table if the rates are more favorable to the insured. See instructions on page RATE 23 for 
V Zone Optional Rating.
2  The definition of Manufactured (Mobile) Home includes travel trailers. See page APP 3.
3   These rates are to be used if the lowest floor of the building is at or above BFE.
4   Use Submit-for-Rate guidelines if the enclosure below the lowest elevated floor of an elevated building, which is used for
         rating, is 1 or more feet below BFE. 
*** SUBMIT FOR RATING





FIRM ZONES '75-'81, UNNUMBERED V ZONE
SUBMIT FOR RATING




TABLE 3E.  REGULAR PROGRAM -- POST-FIRM CONSTRUCTION RATES
ANNUAL RATES PER $100 OF COVERAGE

















1981 POST-FIRM V1-V30, VE ZONE RATES1











Elevation of the 
lowest floor
above or below 
BFE adjusted for
wave height2
Elevated Buildings Free of Obstruction3







Contents

Building 







Residential

Non-Residential
Replacement Cost 
Ratio .75 or More4
Replacement Cost 
Ratio .50 to .744
Replacement Cost 
Ratio Under .504





+4 or more
.30
.30
.50
.67
1.00





+3
.30
.30
.60
.80
1.20





+2
.42
.44
.75
1.00
1.50





+1
.73
.78
1.08
1.44
2.02





 0
1.12
1.20
1.39
1.86
2.61





-1
1.62
1.68
1.83
2.42
3.14





-2
2.26
2.38
2.41
3.16
4.03





-3
3.10
3.30
3.10
4.15
5.26





-4 or below
***
***
***
***
***





    

1Policies for 1975 through 1981 Post-FIRM and Pre-FIRM buildings in Zones VE and V1-V30 will be allowed to use 
the Post-'81 V Zone rate table if the rates are more favorable to the insured. See instructions on page RATE 23 for 
V Zone Optional Rating.
2Wave height adjustment is not required in those cases where the Flood Insurance Rate Map indicates that the map 
includes wave height.
3Free of ObstructionThe space below the lowest elevated floor must be completely free of obstructions or any 
attachment to the building, or may have:
(1) Insect screening, provided that no additional supports are required for the screening; or
(2) Wooden or plastic lattice with at least 40 percent of its area open and made of material no thicker than  inch; or
(3) Wooden or plastic slats or shutters with at least 40 percent of their area open and made of material no thicker 
than 1 inch.
Any of these systems must be designed and installed to collapse under stress without jeopardizing the structural 
support of the building, so that the impact on the building of abnormally high tides or wind-driven water is minimized. 
Any machinery or equipment below the lowest elevated floor must be at or above the BFE.
4These percentages represent building replacement cost ratios, which are determined by dividing the amount of 
building coverage being purchased by the replacement cost. See page RATE 20 for more details.

***   SUBMIT FOR RATING

1981 POST-FIRM V1-V30, VE ZONE
Non-Elevated Buildings
SUBMIT FOR RATING

1981 POST-FIRM UNNUMBERED V ZONE
SUBMIT FOR RATING




TABLE 3F.  REGULAR PROGRAM -- POST-FIRM CONSTRUCTION RATES
ANNUAL RATES PER $100 OF COVERAGE



1981 POST-FIRM V1-V30, VE ZONE RATES1,2


Elevation of the 
lowest floor
above or below
BFE adjusted for 
wave height3
Elevated Buildings With Obstruction4



Contents

Building 



Residential

Non-Residential
Replacement Cost
Ratio .75 or More5
Replacement Cost
Ratio .50 to .745
Replacement Cost
Ratio Under .505

+4 or more
.40
.40
1.10
1.48
2.20

+3
.40
.40
1.22
1.61
2.45

+2
.50
.50
1.38
1.80
2.75

+1
.85
.90
1.60
2.15
3.10

 0
1.21
1.28
1.88
2.58
3.50

-16
1.68
1.78
2.24
2.97
4.00

-26
2.33
2.48
2.79
3.66
4.75

-36
3.18
3.38
3.58
4.66
6.00

-4 or below6
***
***
***
***
***



1   Policies for 1975 through 1981 Post-FIRM and Pre-FIRM buildings in Zones VE and V1-V30 will be allowed to use 
the Post-'81 V Zone rate table if the rates are more favorable to the insured. See instructions on page RATE 23 for 
V Zone Optional Rating.
2   Rates provided are only for elevated buildings, except those elevated on solid perimeter foundation walls. For 
buildings elevated on solid perimeter foundation walls, and for non-elevated buildings, use the Specific Rating 
Guidelines document.
3  Wave height adjustment is not required in those cases where the Flood Insurance Rate Map indicates that the map 
includes wave height.
4	With ObstructionThe space below has an area of less than 300 square feet with breakaway solid walls or 
contains equipment below the BFE. If the space below has an area of 300 square feet or more, or if any portion of 
the space below the elevated floor is enclosed with non-breakaway walls, submit for rating.
5  These percentages represent building replacement cost ratios, which are determined by dividing the amount of 
building coverage being purchased by the replacement cost. See page RATE 20 for more details.
6  For buildings with obstruction, use Submit-for-Rate guidelines if the enclosure below the lowest elevated floor of an 
elevated building, which is used for rating, is 1 or more feet below BFE.


 ***  SUBMIT FOR RATING

1981 POST-FIRM UNNUMBERED V ZONE
SUBMIT FOR RATING















TABLE 4.  REGULAR PROGRAM -- FIRM ZONE AR AND AR DUAL ZONES RATES
ANNUAL RATES PER $100 OF COVERAGE
(Basic/Additional)

PRE-FIRM NOT ELEVATION-RATED RATES1, 2
OCCUPANCY
Single Family
2-4 Family
Other Residential
Non-Residential


Building
Contents
Building
Contents
Building
Contents
Building
Contents
BUIL
DING
TYP
E
No Basement/Enclosure
.64 / .14
.99 / .25
.64 / .14

.57 / .14

.57 / .14


With Basement
.73 / .20
1.12 / .35
.73 / .20

.78 / .20

.78 / .20


With Enclosure
.73 / .23
1.12 / .40
.73 / .23

.78 / .23

.78 / .23


Manufactured (Mobile) Home3
.64 / .31
.99 / .25




.78 / .29

C
O
N
T
E
N
T
S 
L
O
C
A
TI
O
N
Basement & Above



1.26 / .46

1.26 / .46

1.30 / .48

Enclosure & Above



1.26 / .53

1.26 / .53

1.30 / .53

Lowest Floor Only - Above 
Ground Level



.99 / .48

.99 / .48

.80 / .29

Lowest Floor Above Ground 
Level and Higher Floors



.99 / .25

.99 / .25

.80 / .25

Above Ground Level - More
than One Full Floor



.35 / .12

.35 / .12

.22 / .12

Manufactured (Mobile) Home3







.70 / .43











1   Start of construction or substantial improvement on or before 12/31/74, or before the effective date of the initial Flood Insurance Rate 
	Map (FIRM).
2   Base Deductible is $1,000.
3   The definition of Manufactured (Mobile) Home includes travel trailers.  See Page APP 3.

POST-FIRM NOT ELEVATION-RATED RATES1
OCCUPANCY
Single Family
2-4 Family
Other Residential
Non-Residential


Building
Contents
Building
Contents
Building
Contents
Building
Contents
BUIL
DING
TYP
E
No Basement/Enclosure
.64 / .14
.99 / .25
.64 / .14

.57 / .14

.57 / .14


With Basement
.73 / .20
1.12 / .35
.73 / .20

.78 / .20

.78 / .20


With Enclosure
.73 / .23
1.12 / .40
.73 / .23

.78 / .23

.78 / .23


Manufactured (Mobile) Home2
.64 / .31
.99 / .25




.78 / .29

C
O
N
T
E
N
T
S 
L
O
C
A
TI
O
N
Basement & Above



1.26 / .46

1.26 / .46

1.30 / .48

Enclosure & Above



1.26 / .53

1.26 / .53

1.30 / .53

Lowest Floor Only - Above 
Ground Level



.99 / .48

.99 / .48

.80 / .29

Lowest Floor Above Ground 
Level and Higher Floors



.99 / .25

.99 / .25

.80 / .25

Above Ground Level - More
than One Full Floor



.35 / .12

.35 / .12

.22 / .12

Manufactured (Mobile) Home2







.70 / .43











1   Base Deductible is $500.
2   The definition of Manufactured (Mobile) Home includes travel trailers.  See page APP 3.



TABLE 5.  REGULAR PROGRAM -- PRE-FIRM AND POST-FIRM 
ELEVATION-RATED RATES
ANNUAL RATES PER $100 OF COVERAGE
(Basic/Additional)





FIRM ZONES AR and AR Dual Zones  --  BUILDING RATES



One Floor, No
Basement/Encl
 
 
 



Elevation of 
Lowest Floor 
Above or 
Below BFE
1-4 Family
Other 
Residential 
& Non-
Residential
1-4 Family
Other 
Residential 
& Non-
Residential
1-4 Family
Other 
Residential 
& Non-
Residential
Single 
Family
Non-
Residential


+4
.24 / .08
.20 / .08
.24 / .08
.20 / .08
.24 / .08
.20 / .08
.24 / .08
.20 / .08


+3
.24 / .08
.20 / .08
.24 / .08
.20 / .08
.24 / .08
.20 / .08
.25 / .08
.22 / .08


+2
.32 / .08
.26 / .08
.24 / .08
.20 / .08
.24 / .08
.20 / .08
.31 / .08
.25 / .08


+1
.59 / .08
.45 / .10
.38 / .08
.28 / .08
.29 / .08
.22 / .08
.64 / .09
.72 / .08


 0
.64 / .14
.57 / .14
.77 / .08
.57 / .14
.56 / .08
.50 / .16
.64 / .31
.78 / .29


 -12
See Footnote2
***
***
***
***
***
***
***













FIRM ZONES AR and AR Dual Zones  --  CONTENTS RATES







Elevation of 
Lowest Floor
 
 
 
 



Above or
Below BFE
Residential
Non-
Residential
Residential
Non-
Residential
Residential
Non-
Residential
Single 
Family
Non-
Residential


+4
.38 / .12
.22 / .12
.38 / .12
.22 / .12
.38 / .12
.22 / .12
.38 / .12
.22 / .12


+3
.38 / .12
.23 / .12
.38 / .12
.22 / .12
.38 / .12
.22 / .12
.38 / .12
.22 / .12


+2
.38 / .12
.24 / .12
.38 / .12
.24 / .12
.38 / .12
.22 / .12
.38 / .12
.31 / .14


+1
.59 / .12
.33 / .18
.41 / .12
.28 / .12
.38 / .12
.22 / .12
.59 / .12
.48 / .20


 0
1.10 / .12
.80 / .29
.72 / .12
.48 / .27
.40 / .12
.29 / .12
.99 / .25
.70 / .43


-12
See Footnote2
***
***
***
***
***
***
***







FIRM ZONES AR and AR Dual Zones  --  CONTENTS RATES




Elevation of
Above Ground Level


Lowest Floor 
Above or
More than One Full Floor


Below BFE
Single Family
2-4 Family
Other Residential
Non-Residential


+4


.35 / .12
.35 / .12
.22 / .12


+3


.35 / .12
.35 / .12
.22 / .12


+2


.35 / .12
.35 / .12
.22 / .12


+1


.35 / .12
.35 / .12
.22 / .12


 0


.35 / .12
.35 / .12
.22 / .12


-13


.35 / .12
.35 / .12
.22 / .12


-23


.35 / .12
.35 / .12
.22 / .12


1   The definition of Manufactured (Mobile) Home includes travel trailers.  See page APP 3.
2   Use Table 4 Pre-FIRM and Post-FIRM Not Elevation-Rated AR and AR Dual Zones Rate Table.
3  These rates are only applicable to Contents-only policies.


The definition of Manufactured (Mobile) Home includes travel trailers.  See page APP 3.




TABLE 6.
PRECALCULATED PRE-FIRM PREMIUM TABLE


AMOUNT OF
INSURANCE

PREMIUM1 EXCLUDING ICC2 
AND FEDERAL POLICY FEE3


A, AE, A1-A30, AH, AO, D
V, VE, V1-V30

w/bsmt
w/o bsmt
w/bsmt
w/o bsmt
BUILDING




	$  20,000
$   162
$   152
$   212
$   198
	$  30,000
$   243
$   228
$   318
$   297
	$  40,000
$   324
$   304
$   424
$   396
	$  50,000
$   405
$   380
$   530
$   495
	$  60,000
$   455
$   414
$   664
$   583
	$  70,000
$   505
$   448
$   798
$   671
	$  80,000
$   555
$   482
$   932
$   759
	$  90,000
$   605
$   516
$1,066
$   847
	$100,000
$   655
$   550
$1,200
$   935
	$125,000
$   780
$   635
$1,535
$1,155
	$150,000
$   905
$   720
$1,870
$1,375
	$175,000
$1,030
$   805
$2,205
$1,595
	$200,000
$1,155
$   890
$2,540
$1,815
	$225,000
$1,280
$   975
$2,875
$2,035
	$250,0004
$1,405
$1,060
$3,210
$2,255
CONTENTS




	$    5,000
$  48
$  48
$     62
$     62
	$  10,000
$  96
$  96
$   123
$   123
	$  15,000
$144
$144
$   185
$   185
	$  20,000
$192
$192
$   246
$   246
	$  25,000
$217
$222
$   313
$   325
	$  30,000
$242
$252
$   379
$   404
	$  40,000
$292
$312
$   512
$   562
	$  50,000
$342
$372
$   645
$   720
	$  60,000
$392
$432
$   778
$   878
	$  70,000
$442
$492
$   911
$1,036
	$  80,000
$492
$552
$1,044
$1,194
	$  90,000
$542
$612
$1,177
$1,352
	$100,000
$592
$672
$1,310
$1,510

1	Premium before applying any CRS credits or optional deductible factors.
2	For building coverage amounts of $230,000 and less, add $75 to the building premium
	selected from the table above to cover ICC cost, except for D 
zones.  For D zones add $6.
	For building coverage amounts above $230,000, see Footnote 4 
below.
3	Add $30 to the premium selected from the table above to cover Federal Policy Fee.
4	Add $60 to cover the ICC cost for the $250,000 building limit, except for D zones.
	For D zones add $4.





TABLE 7. FEDERAL POLICY FEE AND PROBATION SURCHARGE TABLE

FEDERAL POLICY FEE1
PROBATION
SURCHARGE



$30

$50

1	For the Preferred Risk Policy, the Federal Policy Fee is $11.00.






XXI.	DEDUCTIBLES

As shown in Table 8A 
below, the NFIP standard 
deductible is either $500 
or $1,000. The insured 
may choose a deductible 
amount different from the 
standard $500 for Post-
FIRM or the standard 
$1,000 for structures in 
the Emergency Program and 
those rated using Pre-
FIRM rates in Zones A, 
AO, AH, A1-A30, AE, VO, 
V1-V30, VE, V, AR, and AR 
Dual Zones (AR/AE, AR/AH, 
AR/AO, AR/A1-A30, AR/A). 
The optional deductible 
amount may be applied to 
policies insuring 
properties in either 
Emergency Program or 
Regular Program 
communities. Refer to 
page CONDO 22 for 
Residential Condominium 
Building Association 
Policy optional 
deductibles.

EE.	Buy-Back Deductibles

Policyholders who wish to 
reduce their deductibles 
from the standard 
deductibles of $1,000 for 
Pre-FIRM SFHA risks may 
opt to 


purchase separate $500 
deductibles for building 
and contents coverages, 
for an additional 
premium. The deductible 
factors provided on pages 
RATE 13 and CONDO 22 must 
be used to calculate the 
deductible surcharge.

FF.	Changes in Deductible Amount

The amount of the 
deductible may be 
increased during the 
policy term by submitting 
a completed General 
Change Endorsement form. 
The deductible amount may 
be reduced through the 
submission of a new 
Application at the time 
of renewal.  This 
procedure does not 
require the completion of 
the entire Flood 
Insurance Application. 
Deductibles cannot be 
reduced mid-term unless 
required by the mortgagee 
and written authorization 
is provided by the 
mortgagee. A 30-day 
waiting period will be 
applied to reduce the 
deductible.





TABLE 8A. STANDARD DEDUCTIBLES





EMERGENCY
PROGRAM

REGULAR PROGRAM




Flood Zone


Pre-FIRM
Pre-FIRM with
Optional Post-FIRM
Elevation Rating


Post-FIRM

$1,000






B, C, X, A99, D

	$500	





	$500



A, AO, AH, A1-A30, 
AE,
VO, V1-V30, VE, V, 
AR, 
AR/AE, AR/AH, 
AR/AO,
AR/A1-A30, AR/A


	$1,000



	$500


	$500




TABLE 8B. DEDUCTIBLE FACTORS

Single Family and 2-4 Family Building and Contents 
Policies1,2
Deductible 
Options:
Buildin
g/Conte
nts
Post-
FIRM
$500 Ded.
Pre-FIRM
$1,000 
Ded.
Deducti
ble 
Options
:
Buildin
g/Conte
nts
Post-FIRM
$500 Ded.
Pre-FIRM
$1,000 Ded.
$   500/   $500
	1.000
1.100
$4,000/$1,000
	.835
	.850
$1,000/   $500
	.975
1.050
$4,000/$2,000
	.810
	.825
$1,000/$1,000
	.960
1.000
$4,000/$3,000
	.785
	.800
$2,000/   $500
	.930
1.000
$4,000/$4,000
	.765
	.775
$2,000/$1,000
	.915
.950
$5,000/   $500
	.810
	.875
$2,000/$2,000
	.890
.925
$5,000/$1,000
	.800
	.825
$3,000/   $500
	.890
.950
$5,000/$2,000
	.785
	.800
$3,000/$1,000
	.875
.900
$5,000/$3,000
	.770
	.780
$3,000/$2,000
	.850
.875
$5,000/$4,000
	.755
	.765
$3,000/$3,000
	.825
.850
$5,000/$5,000
	.740
	.750
$4,000/   $500
	.850
.900




Single Family and 2-4 Family Building Only or Contents Only Policies1,2


Post-FIRM
  Pre-FIRM


Post-FIRM
Pre-FIRM
Building
$500 Ded.
$1,000 Ded.

Contents3
$500 Ded.
$1,000 Ded.
   $500
	1.000
	1.100

   $500
	1.000
	1.150
$1,000
	.960
	1.000

$1,000
	.950
	1.000
$2,000
	.900
	.935

$2,000
	.850
	.900
$3,000
	.850
	.885

$3,000
	.775
	.825
$4,000
	.800
	.835

$4,000
	.700
	.750
$5,000
	.750
	.785

$5,000
	.650
	.675

Other Residential and Non-Residential Policies1,2,4


Discount From

Building Only
Contents Only

Post-
FIRM
  Pre-FIRM

Post-
FIRM
    Pre-
FIRM
Post-
FIRM
   Pre-FIRM
Bldg./Contents
$500 Ded.
$1,000 Ded.
Amount
$500 Ded.
$1,000 Ded.
$500 Ded.
$1,000 Ded.
$500/ $500
	1.000
	1.050
	$500
	1.000
	1.050
	1.000
	1.050
$1,000/$1,000
	.980
	1.000
	$1,000
	.975
	1.000
	.980
	1.000
$2,000/$2,000
	.940
	.960
	$2,000
	.940
	.960
	.950
	.965
$3,000/$3,000
	.910
	.930
	$3,000
	.910
	.925
	.925
	.940
$4,000/$4,000
	.885
	.910
	$4,000
	.880
	.900
	.900
	.915
$5,000/$5,000
	.870
	.890
	$5,000
	.850
	.875
	.875
	.890
$10,000/$10,0004
	.775
	.800
	$10,000
	.750
	.760
	.775
	.800
$15,000/$15,0004
	.725
	.750
$15,000
	.675
	.685
	.700
	.725
$20,000/$20,0004
	.675
	.700
$20,000
	.600
	.610
	.650
	.660
$25,000/$25,0004
	.625
	.650
$25,000
	.550
	.560
	.600
	.610
$50,000/$50,0004
	.500
	.525
$50,000
	.450
	.460
	.525
	.535

1	Deductible factors for the RCBAP are located on page CONDO 22.
2	The ICC premium is not eligible for the deductible discount. First calculate the deductible discount, then add in 
	the ICC premium, for each policy year.
3	Also applies to residential unit contents in Other Residential building or in multi-unit condominium building.
4	Deductibles of $10,000 to $50,000 are available only for Non-Residential Policies.




XXII.	INCREASED COST OF COMPLIANCE 
(ICC) COVERAGE 

Coverage is afforded under the Standard 
Flood Insurance Policy for the increased 
cost to rebuild, or otherwise alter, a flood-
damaged structure to bring it into 
conformance with State or local floodplain 
management ordinances or laws.

ICC coverage is mandatory for all Standard 
Flood Insurance Policies except for (1) 
those sold in Emergency Program 
communities, (2) contents-only policies, (3) 
Dwelling Forms on individual condominium 
units, and (4) Group Flood Insurance.  For 
these four cases, ICC 


coverage is not available. In a condominium 
building, ICC coverage is only available 
through the Condominium Association's 
flood policy.

The current ICC coverage limit is $30,000 
per building or, for non-condominium 
townhouse construction, per unit, per policy.  
This coverage amount is in addition to the 
Building Amount of insurance purchased.  
However, for any one flood event, the 
amount of combined loss payment received 
from Building coverage and ICC coverage 
cannot exceed the maximum program limits 
of $250,000 for residential structures and 
$500,000 for non-residential structures.





A.	tABLE 9.  STANDARD FLOOD INSURANCE POLICY
INCREASED COST OF COMPLIANCE  (ICC) COVERAGE
Premiums for $30,000 ICC Coverage

All Except RCBAP, MPPP, Preferred Risk Policies, and Submit-For-Rate Policies



Residential
Non-Residential


Building Amount of 
Insurance
Building Amount of Insurance

	FIR
M

Zone
	$1 - 
		$230,000
		$230,001 
-
		$250,000 
	$1 - 
		$480,000 
		$480,001 - 
	$500,000
Post-
FIRM
A, AE, A1-A30, AO, AH
AR, AR DUAL ZONES
POST-'81 V1-V30, VE
'75-'81 V1-V30, VE
A99, B, C, X, D
		$  6
		$  6
		$20
		$35
		$  6
	$  4
	$  4
	$14
	$25
	$  4
	$  6
	$  6
	$20
	$35
	$  6
	$  4
	$  4
	$14
	$25
	$  4
Pre-
FIRM
A, AE, A1-A30, AO, AH
AR, AR DUAL ZONES
V, VE, V1-V30
A99, B, C, X, D
		$75
		$  6
		$75
		$  6
	$60
	$  4
	$60
	$  4
	$75
	$  6
	$75
	$  6
	$60
	$  4
	$60
	$  4

NOTES:	(1)	ICC coverage does not apply to the Emergency Program, individually owned condominium units 
insured under the Dwelling Form or General Property Form, contents-only policies, and Group Flood 
Insurance Policies.
	(2)	The ICC premium is not eligible for the deductible discount.  First calculate the deductible 
discount, then add in the ICC premium.
		(3)	Use only one ICC premium amount listed above for each building to be insured.
		(4)	For scheduled building policies, apply ICC premium for each building.
		(5)	Add Federal Policy Fee and Probation Surcharge, if applicable, when computing the premium.
		(6)	Elevation-rated Pre-FIRM buildings should use Post-FIRM ICC premiums.
		(7)	See RATE 19 for AR Zone and AR Dual Zone Rating information.
		(8)	For flood policies issued through the Mortgage Portfolio Protection Program, use the rates and ICC 
premiums in the table on page MPPP 1.




XXIII.	RATING STEPS

Determine the exact location of the building 
and/or contents to be insured.  IF THE MAILING 
ADDRESS DIFFERS FROM THE PROPERTY 
ADDRESS, USE THE PROPERTY ADDRESS 
ONLY.

Determine if the building is located in an eligible 
community.

Not all communities participate in the NFIP. 
There is NO COVERAGE available in non-
participating communities. If you are 
uncertain, call the NFIP insurer, consult a 
local community official, or check the NFIP 
Community Status Book online 
(http://www.fema.gov/fema/csb.shtm).

Determine the NFIP program phase (Emergency 
or Regular) and the community in which the 
property is located.

Some communities may be eligible for 
premium discounts under the Community 
Rating System (CRS). See the CRS Section 
for a list of eligible communities, the 
corresponding discounts, and an example 
showing how to apply the CRS discount.

Determine the location of the contents in the 
building.

Determine the date of construction as described 
below.

22.	Date of ConstructionBuildings

	For flood insurance purposes, the 
date of construction for buildings 
under the NFIP must be determined 
in order to establish whether the 
building is Pre-FIRM or Post-FIRM 
construction.

	The start of construction or 
substantial improvement for 
insurance purposes means the date 
the building permit was issued, 
provided the actual start of 
construction, repair, reconstruction, 
or improvement was within 180 
days of the permit date.

	For the Coastal Barrier Resources 
System, the start of construction or 
substantial improvement, for 
insurance purposes, must be 
determined in accordance with the 
documentation requirements set 
forth by the Coastal 


Barrier Resources Act (CBRA). 
(See the Coastal Barrier Resources 
System Section.)

23.	Date of ConstructionManufactured 
(Mobile) Homes/Travel Trailers

	The date of construction for a 
manufactured (mobile) home is 
different from a standard building 
and depends upon the location of 
the manufactured (mobile) home.

	For manufactured (mobile) homes 
located in manufactured (mobile) 
home parks or subdivisions, the 
date of construction is the date 
facilities were constructed for 
servicing the manufactured (mobile) 
home site, or the date of the permit, 
provided that construction began 
within 180 days of the permit date. 
This rule applies to all 
manufactured (mobile) homes even 
if the manufactured (mobile) home 
is rated and classified as single 
family.

	For manufactured (mobile) homes 
not located in manufactured 
(mobile) home parks or 
subdivisions, but located on 
individually owned lots or tracts of 
land, the date of construction is the 
date the manufactured (mobile) 
home was permanently affixed to 
the site or the permit date if affixed 
to the site within 180 days of the 
date of permit.

?	Pre-FIRM Construction

For the purpose of determining 
insurance rates, buildings 
for which the start of 
construction or substantial 
improvement was on or 
before December 31, 1974, 
or before the effective date 
of the initial FIRM for the 
community, are considered 
Pre-FIRM construction. 
However, for insurance 
purposes, manufactured 
(mobile) homes that are 
located or placed in 
existing manufactured 
(mobile) home parks or 
subdivisions, or 
expansions to existing 
manufactured (mobile) 
home parks or 
subdivisions, are 
considered Pre-FIRM.

	All historic buildings are considered 
Pre-FIRM as long as the building 
meets the definition of a historic 
building. (See the Definitions 
Section.)


	Pre-FIRM buildings that are 
substantially improved may 
continue being rated as Pre-FIRM if 
certain conditions are satisfied.  
Pre-FIRM rating is applicable ONLY 
when ALL of the following 
conditions are met:

-	The building must be Pre-FIRM.

-	The substantial improvement must 
be an ADDITION to the building.  
(This condition excludes 
substantial improvements made 
as interior remodeling or repair 
projects.)

-	The ADDITION and extension 
must be next to and in contact 
with the existing building.  (This 
condition does not apply to 
substantial improvements 
consisting of the construction of 
additional floors.)

-	An Elevation Certificate must be 
submitted to the NFIP 
Underwriting Unit with the 
application or renewal.  The 
Elevation Certificate must verify 
that the lowest floor elevation of 
the ADDITION is at or above the 
applicable base flood elevation in 
effect at the time the addition is 
started.

If all of the above conditions are satisfied, the 
entire building is eligible for Pre-
FIRM rates.  (Except for some V-
Zone risks and some manufactured 
[mobile] home risks, Post-FIRM 
rates provide less costly coverage 
and, therefore, the coverage may be 
rated using the lower Post-FIRM 
rates.)  If the above conditions are 
not satisfied, the entire building 
MUST be rated as Post-FIRM.

?	Post-FIRM Construction

For insurance rating purposes, buildings for which 
the start of construction or 
substantial improvement was after 
December 31, 1974, or on or after 
the effective date of the initial FIRM 
for the community, whichever is 
later, are considered Post-FIRM 
construction. This would include all 
manufactured (mobile) homes 
located in either new 


manufactured (mobile) home parks 
or subdivisions or outside of existing 
manufactured (mobile) home parks 
or subdivisions.

XXIV.	PREMIUM CALCULATION

GG.	Emergency Program

1.	Determine Occupancy Type:  Residential or 
Non-Residential.

2.	Calculate premium using appropriate rates.

3.	Apply appropriate deductible factor if an 
Optional Deductible is selected.

4.	Add Federal Policy Fee.

HH.	Regular Program

1.	Determine if the property to be insured is 
Pre-FIRM or Post-FIRM. A Pre-FIRM 
premium table for standard risk, single family 
property is located on page RATE 11.

2.	Determine Zone.

3.	Determine Occupancy:  Single Family, 2-4 
Family, Other Residential, Non-Residential, 
or Manufactured (Mobile) Home.

4.	Determine Building Type (including 
basement or enclosure, if any):  one floor, 
two floors, three or more floors, split level, or 
manufactured (mobile) home on foundation.

5.	Determine if building has basement (or 
enclosed area below an elevated building): 
none, finished, or unfinished.

6.	Determine Elevation Difference.

7.	Calculate premium using the appropriate 
rates.

8.	Apply appropriate deductible factor if an 
Optional Deductible is selected.

24.	The ICC premium is not subject to 
deductible factors. First calculate the 
deductible amount, then add in the ICC 
premium, for each policy year.


25.	Apply CRS discount, if applicable.

26.	Add $50.00 Probation Surcharge if building 
is located in a community on probation.

27.	Add Federal Policy Fee.

XXV.	KEY POINTS FOR RATING

II.	Basic Limits and Additional Limits

For rating purposes in 
the Regular Program, 
separate rates have been 
established for the 
Basic Limits and the 
Additional Limits.

JJ.	Whole Dollars

NFIP accepts premium 
only in WHOLE DOLLARS.  
If the discount for an 
optional deductible does 
not result in a whole 
dollar premium, round up 
if 50 or more; round 
down if less.  ALWAYS 
SUBMIT GROSS PREMIUM.

KK.	Increased Cost of Compliance (ICC) 
Premium

Total Prepaid Amount 
will include ICC 
premium.  The ICC 
premium is not subject 
to deductible factors, 
but the CRS discount 
will apply. 

LL.	Federal Policy Fee

A Federal Policy Fee 
shall be charged for all 
new and renewal 
policies, including the 
Preferred Risk Policy. 
This fee is fully earned 
on the effective date of 
the policy, except as 
indicated in the 
Cancellation/Nullificati
on Section.  This fee is 
not subject to earned 
commissions and, as 
such, is not considered 
part of the Total 
Prepaid Premium. The 
Federal Policy Fee must, 
however, be added to the 
Total Prepaid Premium in 
order to figure the 
Total Prepaid Amount.

Under the Residential 
Condominium Building 
Association Policy, the 
Federal Policy Fee is 
based on the number of 
units (see CONDO 
Section).

MM.	Buildings in More Than One Flood Zone

Buildings, not the land, 
located in more than one 
zone must be rated using 
the more hazardous zone.


This condition applies 
even though the portion 
of the building located 
in the more hazardous 
zone may not be covered 
under the SFIP, such as 
a deck.

NN.	Mortgagee on PolicyHigher Deductible 
Requested

When a mortgagee is 
listed on the policy, 
their WRITTEN CONSENT 
should be secured before 
requesting a deductible 
higher than the 
applicable SFIP 
deductible.

XXVI.	REGULAR PROGRAM, POST-FIRM 
ELEVATION-RATED RISKS

OO.	Elevation Difference

The elevation difference is the difference 
between the lowest floor used for rating and 
the Base Flood Elevation (BFE). The 
elevation difference must be determined if 
the building is Post-FIRM located in a 
Special Flood Hazard Area (SFHA) and 
within a Regular Program community.

Refer to the Lowest Floor Guide section for 
a guide to determining the lowest floor.  
Note that, in Puerto Rico, elevations are 
based on meters rather than feet. Before 
rating the flood insurance premium, the 
agent must convert the meter elevations 
into feet.

For rating purposes, the elevation difference 
is the difference, measured in feet, between 
the lowest floor elevation of the building to 
be rated, and the BFE for that zone. The 
elevation difference can be a number of feet 
above (+) or below (-) the BFE.

If the BFE and/or the lowest floor elevation 
is shown in tenths (e.g., 10.5'), the agent 
must apply the rounding rule to the 
difference between the BFE and the lowest-
floor-for-rating elevation. If the difference is 
negative, the final figure is rounded up from 
.5.  If the difference is positive, the final 
figure is rounded up from .5. Always round 
to the higher elevation. For example, -3' is 
higher than -3.5' and +4' is higher than 
+3.5'.



Rounding Rule Example:

	11' BFE





10.5' LF - 11.0' BFE = -0.5'
Because the difference is negative, it is 
rounded up to 0'.

11.5' LF  11.0' BFE = +0.5'
Because the difference is positive, it is 
rounded up to 1.0'.

PP.	Examples

Examples to illustrate how to determine the 
elevation difference are provided below.

1.	Zones A1-A30, AE, AR, AR Dual Zones, 
Post-'81 V1-V30, VE, and A (With 
Estimated BFE)

Lowest Floor Elevation - Base Flood 
Elevation (BFE) = Elevation Difference

Examples:

a.	Lowest Floor Elevation (+10') - 
BFE (+6') = Elevation Difference of 
(+4').

b.	Lowest Floor Elevation (+8.3') - 
BFE (+6.0') = Elevation Difference 
of (+2.3'); therefore, (+2.3') is 
rounded down to (+2.0').

c.	Lowest Floor Elevation (+12.4') - 
BFE (+8.8') = Elevation Difference 
of (+3.6'); therefore, (+3.6') is 
rounded up to (+4.0').

d.	Lowest Floor Elevation (+9.5') - 
BFE (+12.0') = Elevation 
Difference of (-2.5'); therefore, (-
2.5') is rounded down to (-2').

2.	Zone AH

Lowest Floor Elevation - Base Flood 
Elevation (BFE) = Elevation Difference



Examples:

a.	Lowest Floor Elevation (+4') - BFE 
(+2') = (+2'); use With Certification 
of Compliance rates.

b.	Lowest Floor Elevation (+6') - BFE 
(+8') = (-2'); use Without 
Certification of Compliance rates. 

c.	Lowest Floor Elevation (+4') - BFE 
(+4') = (0'); use With Certification of 
Compliance rates. 

3.	Zone AO

In AO zones, the difference between 
the top of the bottom floor and the 
highest adjacent grade is the lowest 
floor elevation used for rating.  If the 
lowest floor elevation is equal to or 
greater than the Base Flood Depth 
printed on the FIRM, use With 
Certification of Compliance rate.  If the 
elevation difference is less than the 
Base Flood Depth, use Without 
Certification of Compliance rates. 
When no Base Flood Depth is printed 
on the FIRM, a depth of 2 feet must be 
used for rating purposes.

Examples:

a.	Lowest Floor Elevation (distance 
between the top of the bottom floor 
and the highest adjacent grade) 
(+5') - Base Flood Depth (3') = 
(+2'); use With Certification of 
Compliance rates.

b.	Lowest Floor Elevation (0') - Base 
Flood Depth (+1') = (-1'); use 
Without Certification of Compliance 
rates.

c.	Lowest Floor Elevation (+2') - (+2') 
(no published Base Flood Depth) = 
(0'); use With Certification of 
Compliance rates.

4.	Zone A (With No Estimated BFE)

In Zone A where there is no 
established BFE, the difference 
between the top of the bottom floor and 
the highest adjacent grade is the lowest 
floor elevation used for rating.

Examples:

a.	Lowest Floor Elevation (distance 
between the top of the bottom floor and 
the highest adjacent grade) (+3') = (+3') 
for rating purposes (use No Estimated 
BFE rate table). The top of the bottom 
floor is 3' above the highest adjacent 
grade.


b.	Lowest Floor Elevation (-2') = (-2') for 
rating purposes.  The top of the bottom 
floor is below the highest adjacent 
grade by 2'.

5.	Zones V1-V30, VE Post-FIRM 1975-81

Lowest Floor Elevation - Base Flood 
Elevation (BFE)  =  Elevation Difference

QQ.	Optional Elevation Rating

Pre-FIRM construction, at the option of the 
applicant, may be rated using Pre- or Post-
FIRM rating.  Once it is determined which 
rating will provide a lower premium, a policy 
may be endorsed to obtain a lower rate.

XXVII.	PRE-FIRM ELEVATED BUILDING 
RATED AT PRE-FIRM RATES

Pre-FIRM elevated buildings with no 
enclosures beneath the lowest elevated 
floor are to be rated using the No Basement 
rates.

Pre-FIRM elevated buildings with 
enclosures beneath the lowest elevated 
floor are to be rated using the With 
Enclosure rates. 

XXVIII.	AR ZONE AND AR DUAL ZONE 
RATING

NOTE:	AR Dual Zones appear on the 
FIRM as AR/AE, AR/AH, AR/AO, 
AR/A1-A30, and AR/A.

For Pre-FIRM construction and Post-FIRM non-
elevation rated risks, use the rates provided in 
Table 4.

Structures in AR and AR Dual Zones with an 
Elevation Certificate may be rated using the 
rates provided in Table 5.

XXIX.	POST-FIRM AO ZONE RATING

In Zone AO, when the base flood depth 
number is not printed on the FIRM, a base 
flood depth of 2 feet is an acceptable 
standard unless modified by community 
ordinance or state law.  The difference from 
the top of the lowest floor to the highest 
adjacent ground (grade) must be greater 
than or equal to 2 feet in order to use the 
more favorable With Certification of 
Compliance rates. If the difference is less 
than 2 feet, the Without Certification of 
Compliance rates are to be used.


XXX.	POST-FIRM RATING OF ELEVATED 
BUILDINGS IN ZONES B, C, X, A99, 
AND D

Post-FIRM elevated buildings in the above 
zones with no enclosures beneath the 
lowest elevated floor are to be rated using 
the No Basement/Enclosure rates.

Post-FIRM elevated buildings in the above 
zones with enclosures beneath the lowest 
elevated floor are to be rated using the With 
Enclosure rates.

XXXI.	REGULAR PROGRAM V ZONE POST-
FIRM CONSTRUCTION

RR.	Rating All V Zone Buildings

For an elevated building 
(building on posts, 
piles, or piers only) 
rated without an 
enclosure or 
obstruction, the Zone V, 
V1-V30, and VE rates do 
not take into 
consideration the flood 
risk associated with any 
addition of a habitable 
area (finished or used 
as living or work area) 
below the lowest 
elevated floor.  
Further, rates do not 
allow for any flood risk 
to the machinery or 
equipment used to 
service the building 
located below the lowest 
elevated floor.

NOTE:	A 1975-81 risk with an unfinished 
enclosure under 300 square feet, 
with breakaway walls, and without 
machinery or equipment, can be 
rated without taking into account 
the enclosure, but a 1981 Post-
FIRM risk cannot.

SS.	Zones VE and V1-V30Enclosure Con-
taining Machinery or Equipment Below 
BFE

Follow these steps when determining the 
lowest floor for rating in Zones VE and V1-
V30 where there is an enclosure containing 
machinery or equipment located below the 
BFE:

?	The bottom of the enclosure 
slab is the correct floor for rating.  Determine 
whether the figure in Item C3.c (bottom of 
lowest horizontal structural member) of the 
Elevation Certificate reflects the top or the 
bottom of the slab.

?	If Item C3.c is equal to or higher than Item 
C3.f (lowest adjacent grade), deduct (for 1-4 
family residences) 12 inches from the 


elevation found in Item C3.c and 18 inches 
for buildings other than 1-4 family. This 
estimated elevation is the elevation figure 
used for rating the flood insurance policy.

If the surveyor has used Item C3.a (top of 
bottom floor including basement or enclosure) 
to indicate the elevation of the enclosure slab, 
then:

?	The bottom of the enclosure slab is the 
correct floor for rating. Determine whether 
the figure in Item C3.a of the Elevation 
Certificate reflects the top or the bottom of 
the slab.

?	If Item C3.a is equal to or higher than Item 
C3.f, deduct (for 1-4 family residences) 12 
inches from the elevation found in Item C3.a 
and 18 inches for buildings other than 1-4 
family. This estimated elevation is the 
elevation figure used for rating the flood 
insurance policy.

TT.	1975-81 Post-FIRM V Zone Construction

1975-81 Post-FIRM V-Zone 
Construction refers to 
any V-Zone Post-FIRM 
building for which the 
start of construction or 
substantial improvement 
began January 1, 1975, 
through September 30, 
1981.

UU.	1981 Post-FIRM V Zone Construction

1981 Post-FIRM V-Zone 
Construction refers to 
any V Zone Post-FIRM 
building for which (1) 
the permit application 
date for the 
construction or 
substantial improvement 
is on or after October 
1, 1981, or (2) the 
permit was issued before 
October 1, 1981, and the 
actual start date of 
construction did not 
begin within 180 days of 
the permit date.

VV.	Elevated Buildings1981 Post-FIRM V 
Zone Construction

1.	Elevated Building Without Obstruction

The area below the lowest elevated 
floor is open, with no obstruction, to 
allow the flow of floodwaters. Insect 
screening is permis-sible. Wooden or 
plastic lattice, slats, or shutters are also 
permissible if at least 40 percent of 
their area is open. Lattice can be no 
thicker than  inch; slats or shutters 
can be no thicker than 1 inch. Any 
machinery or equipment below the 
lowest elevated floor must be at or 
above the BFE. Use the rates from 
Table 3E. For unnumbered Zone V, 
use Submit-for-Rate guidelines.


2.	Elevated Building With Obstruction

The area below the Elevated Floor is 
enclosed, either partially or fully by 
solid perimeter foundation walls or 
breakaway walls. Use the rates from 
Table 3F provided that the enclosure is 
less than 300 square feet or contains 
machinery or equipment below the 
BFE. For unnumbered Zone V, use 
Submit-for-Rate guidelines.

NOTE:

?	Equipment located below the lowest 
elevated floor constitutes an 
obstruction.

?	For all non-elevated buildings, 
elevated buildings with non-
breakaway walls below their lowest 
elevated floors, and elevated 
buildings with habitable or finished 
areas located below their lowest 
elevated floors, the submit-for-rate 
procedures should be followed. 
Producers should be sure to include 
a recent photograph or blueprints, 
including a site grading plan if 
ocean front, a copy of the variance, 
and an Elevation Certificate with the 
Application form.

?	Any additions during the policy term 
or any subsequent policy term that 
would change the applicable rates 
must be endorsed to the policy. Any 
additional premium must be paid by 
the insured.

3.	Replacement Cost Ratio

The replacement cost ratio is needed to 
select the proper rate for insurance on 
buildings in 1981 Post-FIRM 
Construction V, V1-V30, and VE Zones 
on or after October 1, 1981. The 
estimated building replacement cost is 
used in conjunction with the amount of 
the building insurance desired to 
determine the insurance-to-
replacement-cost ratio.

Replacement cost is defined as the 
amount of money required to replace or 
repair the insured building in the event 
of loss or damage, without a deduction 
for depreciation.  The replacement cost 
ratio is determined by dividing the 
amount of building coverage by the 
replacement cost of the building.

If the replacement cost of the building 
exceeds the maximum statutory 
building limit, use the replacement cost, 
not the maximum statutory building 
limit, in 


calculating the ratio. For example, if the 
building replacement cost is 
$1,000,000 and the amount of building 
coverage requested is the maximum 
statutory building limit of $250,000, the 
rate is .25, so use the rate listed for 
"Replacement Cost Ratio Under .50."

Place the rate in the appropriate box on 
the Application and continue with the 
premium calculation.

4.	Elevation Information

The lowest floor elevation must be 
identified for buildings in Zones V, V1-
V30, and VE.  Note that the lowest floor 
elevation is measured at the bottom of 
the lowest floor beam or slab, 
whichever is appropriate.

The BFE, including wave height, must 
be identified for any building located in 
Zones V1-V30 and VE.

XXXII.	SPECIAL RATING SITUATIONS

WW.	Tentative Rates

Tentative rates are used 
to issue policies when 
producers fail to 
provide the required 
actuarial rating 
information. With 
tentative rates, a 
policy will be generated 
with coverage limits 
based on the actual 
premium received. 
Tentatively rated 
policies cannot be 
endorsed to increase 
coverage limits, or 
renewed for another 
policy term, until the 
required actuarial 
rating information and 
full premium payment are 
received.

Tentative rates are generally higher than the 
rates published in this manual (ranging from 
$2 to $10 per $100 of coverage). When 
tentative rates are applied, a Declarations 
Page and a Tentative Rate Letter will be 
forwarded to the policyholder, producer, and 
mortgagee (if any), requesting the 
necessary information so that the proper 
rate can be determined.

If a loss occurs on a 
tentatively rated 
property, payment will 
be limited by the amount 
of coverage that the 
initially submitted 
premium will purchase 
using the correct 
actuarial rating 
information.

XX.	Alternative Rates

When a building is Pre-
FIRM and the FIRM zone 
is unknown, an 
alternative rating 
procedure can be used 
only if the building is 
located in a community 
that does not have any V 
Zones. In these cases, 
the NFIP will presume 
that the building is 
located in a Special 
Flood Hazard Area, and 
the FIRM zone should be 
shown as Zone AA. AA is 
not a valid flood zone 
designation; rather, it 
is a rating method used 
when the flood zone is 
unknown. The rates for 
FIRM Zone A for Pre-FIRM 
properties should then 
be used to compute the 
premium.

The alternative rating procedure is also 
used by the NFIP for renewal of policies in 
communities that have converted from the 
Emergency Program to the Regular 
Program during a policy's term. Again, this 
procedure can be used only when the 
community has no V Zones. In these cases, 
the NFIP assigns an AS Zone designation, 
which is not a valid flood zone designation, 
but rather a rating method, and uses the 
Pre-FIRM Zone A rates to compute the 
premium.

In both of the above 
situations, the producer 
should determine the 
actual FIRM zone and 
submit a General Change 
Endorsement to correct 
the FIRM zone and 
premium. All corrections 
should be made as soon 
as possible within the 
initial policy term 
after an AA or AS Zone 
designation has been 
made.  If the correct 
flood zone is not 
provided, no Renewal 
Premium Notice will be 
issued.

YY.	Map "Grandfather" Rules--Effect of Map 
Revisions on Flood Insurance Rates
	
A community will 
occasionally make 
structural improvements 
(dams, levees, etc.) to 
reduce the potential 
effects of flooding; 
experience new 
development aggravating 
the flooding situation, 
thereby expanding the 
floodplain; revise 
geographical boundaries 
resulting in the 
designation of 
additional flood hazard 
areas; or provide 
information to better 
delineate the BFE and/or 
flood insurance risk 
zones.  When these 
situations occur, the 
FIRM is revised and 
republished.

The implementation of a 
new FIRM raises the 
question--HOW DOES THE 
NEW MAP AFFECT FLOOD 
INSURANCE RATES?

1.	Grandfather Rules

To recognize policyholders who have 
built in compliance with the FIRM 
and/or remained loyal customers of the 
NFIP by maintaining continuous 
coverage, the Federal Emergency 
Management Agency has "Grandfather 
rules."  These rules allow such 
policyholders to benefit in the rating for 
that building.  For such buildings, the 
insured would have the option of using


the current rating criteria for that 
property or having the premium rate 
determined by using the BFE and/or 
flood zone on the FIRM (old map) in 
effect when the building was originally 
constructed (for those built in 
compliance) or when coverage was first 
obtained (for those with continuous 
coverage). This results in a cost 
savings to insureds when the new map 
resulting from a map revision would 
result in a higher premium rate.

The conditions that must be met for an 
insured to be eligible to receive the 
rating benefit from the "Grandfather 
rules" after a map revision (new map) 
becomes effective are described below.

2.	General Rule of Rating

Always use the new map if it will 
provide a more favorable premium 
(lower rate).

3.	Existing Business--Renewal Policies

Policies written to cover either Post-
FIRM or Pre-FIRM construction may be 
renewed and rated based on the FIRM 
and/or BFE in effect when the policy 
was initially rated as long as the 
coverage is continuous and the building 
has not been altered to make the 
reference level lower than the BFE on 
that FIRM. (NOTE: Alteration does not 
apply to Pre-FIRM construction or to 
risks grandfathered to a B, C, or X 
Zone.)

a.	Examples--Post-FIRM Construction

28.	A building was constructed in 1980. 
Coverage was purchased at the 
time of construction.  The FIRM 
zone in effect was A1.  The BFE 
was 10'.  The Lowest Floor was 
11'.  The elevation difference was 
+1, and the policy was rated using 
a +1 elevation difference.

This policy was written and continuously renewed 
for 3 years.  In 1983 a new map for 
the community was issued.

The property remained in an A1 Zone.  However, 
the BFE became 12'.  Because the 
lowest floor did not change, the 
elevation difference was -1. Since 
continuous coverage existed on the 
policy and the building was not 
altered in any way, the policy can be 
rated using a +1 elevation 
difference.

?	A building was constructed in 1980. 
The FIRM zone in effect was A.  In 
1983 the map was revised, which 
placed the building in a VE zone.  
Since continuous coverage existed 
and the building was not altered, 
the policyholder can continue to 
use Zone A in determining the rate.

b.	Example--Pre-FIRM Construction

At the time flood 
insurance coverage was 
applied for, the 
building was located in 
Zone  A99.  A new map 
designated the zone as 
AE.  The policy may 
continue to be rated 
using Zone A99 rates on 
the old map as long as 
there is no interruption 
in coverage.  

4.	New Business--Applications for Coverage

a.	Post-FIRM Construction

NOTE: These rules apply to buildings in all zones, 
including Zone D.

If a new policy is 
applied for, the rates 
can be based on the FIRM 
zone and the BFE on the 
old map in effect on the 
date the building was 
constructed provided 
that:

29.	The building was built in 
compliance with the map in effect 
at the time of construction; and

?	The building has not been altered 
in any way that has resulted in a 
lowest floor, for rating purposes, 
lower than the BFE on that FIRM 
(e.g., enclosing the area below an 
elevated building); and

?	The building has not been 
substantially improved.

The property owner or producer must provide proper 
documentation to the WYO company or 
NFIP Servicing Agent.  The 
documentation must show: the date of 
the FIRM; the zone on that FIRM in 
which the property is located; the BFE, if 
any, for that zone; a copy of the map 
panel showing the location of the 
building; and the rating element that is 
to be grandfathered. A letter from a 
community official verifying this 
information also is acceptable.

Example:

A building was constructed in 1980 and, according to 
the FIRM in effect at that time, was 
located in Zone AE. No 


insurance policy was purchased until 1990. At that 
time remapping had occurred and the 
zone had been changed to a more 
hazardous area, Zone VE.  The new 
policy can use Zone AE as the rating 
zone if the required documentation is 
provided.

b.	Pre-FIRM Construction

This "built in 
compliance" rule also 
applies to Pre-FIRM 
construction if the date 
of construction was on 
or before December 31, 
1974, and was on or 
after the FIRM date.

Example:

A building was constructed in November 1974 and the 
FIRM date was May 3, 1973. The old 
map showed the building's location as 
Zone C.  Ten years later in 1984, a new 
map placed the building in an A zone. 
Flood insurance coverage was applied 
for after the map was revised. To use 
the old map showing Zone C as the 
rating zone, proper documentation must 
be submitted.

D.	Post-'81 V Zone Optional Rating

This optional rating is 
available for new and 
renewal policies and 
endorsements with 
effective dates on or 
after October 1, 1997. 
Policies for 1975 
through 1981 Post-FIRM 
and Pre-FIRM buildings 
in Zones VE and V1-V30 
are allowed to use the 
Post-'81 V Zone rate 
tables (Tables 3E or 3F) 
if the rates are more 
favorable to the 
insured. In order to 
qualify, the following 
criteria must be met:

1.	The policy must be rated using the BFE 
printed on the FIRM panel that includes 
wave height. The effective date of the FIRM 
panel must be on or after 10/1/81.

2.	The building rates are determined based on 
the ratio of the estimated building 
replacement cost and the amount of 
insurance purchased.

3.	The building must be elevated free of 
obstruction or with obstruction less than 300 
square feet. All machinery and equipment 
located below the BFE are considered 
obstructions.





E.	Policies Requiring Re-Rating

The following conditions require that the policies 
be rated using the new map:

1.	If an elevation-rated building is altered, 
making the lowest floor for rating purposes 
below the BFE.

Example:

An elevated building is located in an AE Zone at the time of 
construction.  The Lowest Floor Elevation 
(LFE) was 18'. The BFE was 10'. The Lowest 
Floor rating was a +8 elevation differential. 
The map was revised, changing the BFE to 
11'.  The insured decided to enclose the area 
beneath the elevated floor and use it as a 
living area. This changed the LFE to 9'. Due 
to the alteration, the new map must be used 
and the building is rated as -2.

2.	If a Pre-FIRM or Post-FIRM building is 
substantially improved or substantially 
damaged, the building must be re-rated 
using the FIRM in effect at the time that the 
substantial improvement occurred. A newer 
FIRM can always be used if it will result in a 
more favorable rating.

Example:

A building was constructed in 1972 and, when flood 
insurance was applied for in 1976, was found 
to be located in Zone C. The FIRM was 
revised in 1984. The building was 
substantially improved in 1985. Due to the 
improvement, the building must now be re-
rated as Post-FIRM construction using the 
1984 map, or the most recent map can be 
used if it will result in a more favorable rating.

If ineligible for renewal as a Preferred Risk Policy because 
of a map change, the risk must be rewritten 
as a Standard Flood Insurance Policy.

F.	Submit-for-Rate

Certain properties at 
high flood risk, because 
of peculiarities in 
their exposure to 
flooding, do not lend 
themselves to 
preprogrammed rates. 
These risks require an 
in-depth underwriting 
analysis and must be 
submitted to the NFIP 
for an individual 
(specific) rate. As 


with other lines of 
property insurance, the 
underwriter requires 
documentation to 
evaluate those risk 
characteristics that 
make up the basis for a 
proper rate.

The NFIP's two-fold goal of establishing 
sound actuarial rates and obtaining 
information for enforcing floodplain 
management requires that the following 
documentation be supplied for risks that fall 
within the submit-for-rate category:

1.	Completed NFIP Flood Insurance 
Application.

2.	Completed current Elevation Certificate.

3.	Variance issued by the local community 
stating that permission was granted to 
construct the building. If no variance was 
granted, a statement to that effect signed 
by the applicant or the applicant's 
representative is required.

4.	Recent photographs of the building (front 
and back), or a blueprint (layout of the 
building) if the building is under 
construction.

5.	The square footage of any enclosure(s) 
below the elevated floor, the use of the 
enclosure, a list of machinery and 
equipment, and the approximate value of 
each item located in the enclosure.

6.	Certified letter from either a local building 
official, an engineer, or an architect 
verifying that any such enclosures are 
designed/ built with breakaway walls.

7.	A statement from the applicant or the 
applicant's representative that the 
enclosure was built at the time that the 
building was originally constructed, or at a 
later date (give date).

8.	If the building has a basement, a list of 
machinery and equipment located in the 
basement and each item's approximate 
value.

9.	For elevated buildings, an Elevated 
Building Determination Form signed by the 
insured.

For Submit-for-Rate 
policies written as NFIP 
direct business, all of 
the appropriate 
documentation listed 
above must be mailed to 
the NFIP Servicing 
Agent, P.O. Box 2965, 
Shawnee Mission, KS 
66201-1365.

If the building is 
insurable, the Servicing 
Agent will deliver a 
written rate and the 
applicable ICC


premium to the producer. 
Since a rate must be 
determined on these 
risks, no premium is to 
accompany the 
submission. Coverage 
will be effective 30 
days after the receipt 
of the premium at the 
NFIP, with the following 
two exceptions:

30.	If the coverage is in conjunction with the 
making, increasing, extending, or renewing 
of a loan, the effective date is on the day 
and time of the loan closing, provided that 
the policy is applied for and the presentment 
of premium is made at or prior to the loan 
closing.

31.	If the new policy is being obtained as a 
result of a revision to a community's flood 
map, during the 13-month period beginning 
on the effective date of the map revision, the 
effective date shall be 12:01 a.m., local 
time, following the day after the presentment 
of premium. For the NFIP direct business, 
the presentment of premium is the same as 
the receipt date of the full premium at the 
NFIP Servicing Agent.

Submit-for-Rate quotations, excluding the ICC premium, 
Federal Policy Fee, and Probation Surcharge, if 
applicable, are valid for 90 days. After 90 days, 
the Flood Insurance Application and supporting 
documentation must be resubmitted for another 
determination of the rating.

G.	Crawl Space

A building with a "crawl 
space" (under-floor 
space) has its interior 
floor area (finished or 
not) within 5 feet of 
the top of the next 
higher floor. If a crawl 
space is below grade on 
all sides, and the 
elevation of the crawl 
space floor is below the 
Base Flood Elevation, 
the crawl space must be 
rated according to the 
guidelines found on 
pages LFG 24-25. For the 
purpose of completing 
the Flood Insurance 
Application, the 
building must be 
described as a "non-
elevated building with 
basement."

NFIP rules and 
regulations specify that 
a crawl space with its 
interior floor below 
grade on all sides is 
considered a "basement"; 
therefore, the Standard 
Flood Insurance Policy 
basement coverage 
limitations apply to 
such crawl spaces.

A building with a crawl 
space that is not 
subgrade must be 
described as an elevated 
building.





XXXIII.	CONTENTS LOCATION

H.	Single Family Dwellings

For rating purposes, contents in a single family dwelling 
are considered to be located throughout the entire building 
regardless of the building type, with limited coverage in a 
basement and an enclosed area beneath the lowest elevated 
floor.  Refer to the Standard Flood Insurance Policy.

I.	Multi-Family and Non-Residential Buildings

The shaded areas in the illustrations below identify the 
location of the contents. The rates for contents located in 
the area indicated will be established based on the zone, 
construction date, and building description.

1.	Non-Elevated Buildings (contents in shaded areas)


Building Type 		Basement		Contents
(including basement
if any)

?    One Floor		?    None   		?   Lowest Floor
            or					    Only Above
?    Two  Floors					     Ground Level


?    Two Floors		?    Finished		?   Basement Only 
           or
?    Three or More Floors

			LIMITED COVERAGE IN BASEMENT






?    Two Floors		?    None			?    Lowest Floor
           or						     Above Ground
?    Three or More Floors				     Level and Higher
						     Floors






?    Two Floors		?    Finished		?    Basement 
            or					     and Above
?    Three or More Floors

			LIMITED COVERAGE IN BASEMENT




?    Two Floors		?    Unfinished		?    Basement 
            or					     and Above
?    Three or More Floors

			LIMITED COVERAGE IN BASEMENT



 


Building Type 		Basement	      Contents
(including basement
if any)

?   Two Floors		?    Finished	      ?    Lowest Floor

            or		           or	                         Above Ground
?   Three or More Floors	     Unfinished	           Level and 
           Higher Floors


?    Two Floors		?    None	                     ?    Above Ground
           or		                       or	  	           Level More
?    Three or More Floors	?    Finished	           Than One Full
			        or		           Floor
			     Unfinished























2.	Elevated Buildings (contents in shaded areas)






 



Building Type 			Enclosure		Contents
(including enclosure
if any)

?    One Floor			?    None   		?   Lowest Floor
					   		    Only Above
					      		     Ground Level



?    Two Floors			?    None			?   Lowest Floor
							    Above Ground
							    Level and Higher
							    Floor










?    Three or More Floors		?    Unfinished		?   Enclosure and Above





				LIMITED COVERAGE IN ENCLOSED AREA





?    Three or More Floors		?    None			?    Lowest Floor 
							     Only Above
							     Ground Level





 
                               

Building Type 			Enclosure 	          Contents
(including enclosure
if any)

?   Three or More Floors 		?    None	                        ?   Above Ground 
						   	Level More Than
						 	One Full Floor








?    Three or More Floors		?    Unfinished             ?    Above Ground
					                           Level More Than
					                           One Full Floor






















XXXIV.	FIRMS WITH WAVE HEIGHTS

The producer must 
determine whether or not 
the BFE on the FIRM 
includes wave height. 
With very few exceptions 
(for communities on the 
West Coast) the Flood 
Insurance Rate Maps 
(FIRMs) published prior 
to January 1, 1981, give 
still water levels that 
do not include wave 
height. FIRMs published 
January 1, 1981, and 
later indicate whether 
or not wave height is 
included.  If wave 
height is included, the 
following statement 
appears on the map 
legend:

"Coastal base flood elevations shown on this map 
include the effects of wave action."

These adjustments apply to 1981 Post-FIRM construction (after 
October 1, 1981) for Zones V1-V30 and VE.

J.	Procedure for Calculating Wave Height 
Adjustment

The following 
information is needed:

32.	A completed Elevation Certificate.

?	BFE from the Elevation Certificate 
(Item B9) or from the FIRM.

33.	Lowest Adjacent Grade from Item C3.f of 
the Elevation Certificate completed by a 
registered professional engineer, architect, or 
surveyor.

34.	Depth of Still Water Flooding (subtract the 
Lowest Adjacent Grade from the BFE).

The additional elevation due to wave crest in V 
Zone areas will normally vary from 
a minimum  of 2.1 feet to 0.55 
times the still water depth at the 
site.  (BFE including wave height 
adjustment = still water BFE + 0.55 
x [still water BFE - lowest adjacent 
grade elevation].)

For example, a building's site is 
determined to be located in Zone V8 
with a BFE of 14' NGVD on the 
appropriate FIRM.  Using the 
information from the Elevation 
Certificate, the BFE is calculated as 
follows:



Example 1:

	Base flood elevation                                   
14
Lowest adjacent grade                                -
6

Difference	  8

	Factor                                                 x 
0.55 
	Wave height adjustment
		 (2.1 minimum) 	   
4.4

Base flood elevation                              + 
14

BFE adjusted                                      18.4




Example 2:

Base flood elevation                                  
14
Lowest adjacent grade                             -
11

Difference	  3

	Factor                                                 x 
0.55 
	Wave height adjustment
          (2.1 minimum) 	  1.65

			  2.1*
Base flood elevation                              + 
14 

BFE adjusted                                      16.1 

*	In Example 2, if the calculation results in less than the 
minimum 2.1 feet, use 2.1 feet in the calculation of the 
BFE adjusted.


K.	Wave Heights in Numbered Zones V1-V30 
and VE 1981 Post-FIRM Construction

For most communities that have Coastal High 
Hazard Areas, the Wave Height Adjustment to 
the Base Flood Elevation (BFE) has been 
included on the FIRM.

No  wave  height  adjustment  is  required  for any  numbered  V  
Zone  area  included  on  a FIRM for any Pacific 
Coast community 


since the wave action effects have already been considered in 
establishing the BFEs on the Pacific Coast.

The 1981 and later FIRMs 
for the Atlantic and 
Gulf Coast communities 
indicate whether or not 
wave height is included. 
If wave height is 
included, the following 
statement appears under 
"Notes to User" on the 
map legends: "Coastal 
base flood elevations 
shown on this map 
include the effects of 
wave action."

L.	Unnumbered V Zones 1981 Post-FIRM 
Construction

Determining wave heights 
in coastal communities 
is a very important 
additional risk 
consideration in the 
engineering or 
architectural 
certification that the 
structure is securely 
anchored to adequately 
anchored pilings or 
columns in order to 
withstand velocity 
waters and hurricane 
wave wash. In these rare 
instances, it will be 
necessary to obtain, 
review, and reasonably 
utilize any BFE data 
available from a 
Federal, state, or other 
source, until such other 
data have been provided 
by the Federal Emergency 
Management Agency as 
criteria to determine 
the BFEs, including wave 
heights.

M.	Rate Selection Procedure

Factors used in 
determining the 
appropriate insurance 
rate are:

1.	The elevation of the building relative to the 
BFE adjusted by the wave height factor for 
an individual building site or the actual 
FIRM BFEs on the appropriate FIRM 
(include the effect of wave action [wave 
height]), and

2.	The existence or non-existence of 
obstructions under the beam supporting the 
building's lowest floor.

The replacement cost 
ratio is used to select 
the specific rate.  
Complete the appropriate 
section of the 
Application.

XXXV.	 FLOODPROOFED BUILDINGS

Floodproofing and the completion of the 
Floodproofing Certificate are described in 
detail in the Special Certifications section.



N.	Elevation Difference

To determine the elevation difference used 
for the rating of floodproofed buildings, the 
following procedures should be used if 
rounding is necessary:

1.	Round floodproofed elevation to the 
nearest foot if the BFE is shown in feet.  
Convert the floodproofed elevation to 
tenths of feet if the BFE is shown in tenths 
of feet.

2.	The elevation difference should be rounded 
to the nearest higher elevation.  Use 0.5 
feet as the midpoint and always round up.  
(Example:  +1.5 becomes +2;   -0.5 
becomes 0; -1.4 becomes -1; -1.5 becomes 
-1; -1.6 becomes -2.)

In order to qualify for floodproofing credit, 
buildings in AE, A1-A30, AH, and AO Zones 
must be floodproofed to at least 1 foot 
higher than their BFEs.

O.	Rating

When computing a premium for a 
floodproofed building, use the following 
procedure:

1.	Determine how far above the BFE the 
building is floodproofed.  (For example, the 
building will be floodproofed at +1 foot, +2 
feet, and so forth above BFE.)

2.	Subtract 1 foot to determine the elevation 
to be used in determining the rate and 
computing the premium for the building.

3.	Find the rate for the given building in the 
proper zone at the "adjusted" elevation.

4.	Compute the premium as usual.

The building must be floodproofed to +1 foot 
in order to receive a rate equivalent to a 
building with its lowest floor elevated to the 
BFE.

For example, if the building is located in 
Zone AO and the community's floodproofing 
standards have been approved to a level of 
3 feet above the highest adjacent grade 
(HAG) for the lowest floor of a 
nonfloodproofed building, to qualify for With 
Certification of Compliance rates, a building 
must meet the following standards:


?	Be floodproofed to an elevation of 4 
feet above HAG (1 foot above the 
community's minimum standard of 3 feet 
above HAG).

35.	The floodproofing must be certified by a 
registered professional engineer or architect 
on the Floodproofing Certificate or by a 
responsible local official in a letter containing 
the same information requested on the 
Floodproofing Certificate.

36.	The certification, certificate, or letter must 
accompany the NFIP Flood Insurance 
Application.

In order to be eligible for lower rates, the 
insured must have a registered professional 
engineer or architect certify that the 
floodproofing conforms to the minimum 
floodproofing specifications of FEMA. This 
means that the building must be 
floodproofed to at least 1 foot above the 
BFE. If floodproofed to 1 foot above the 
BFE or flood depth, it can then be treated 
for rating purposes as having a "0" elevation 
difference from the BFE. This certification 
must be submitted with the Application for 
flood insurance.  

To further illustrate, if the building is certified 
to be floodproofed to 2 feet above the BFE, 
flood depth, or comparable community 
approved floodplain management 
standards, whichever is highest, then it is 
credited for floodproofing and is to be 
treated for rating purposes as having a +1 
foot elevation.



XXXVI.	THE V-ZONE RISK FACTOR RATING 
FORM

P.	Use

In conjunction with Table 10 (V-Zone Risk 
Rating Relativities Table), this optional form 
(see page RATE 33) may be used to 
evaluate the coastal risk when it is believed 
that the design, placement, and/or 
construction of a building is such that the 
usual criteria used to establish actuarially 
appropriate rates do not reflect the lessened 
risk of a particular structure.  The form may 
be used to either:

37.	Establish a rate prior to issuing a new 
policy, or 

?	Appeal the rate charged on an existing 
policy.

Submit the V-Zone Risk Factor Rating Form for review, along 
with a copy of the site grading and structural 
plans, the Elevation Certificate, and photographs, 
if applicable.

Q.	Submission

The completed form 
should be submitted to 
the NFIP Bureau and 
Statistical Agent, 
Underwriting Department, 
P.O. Box 310, Lanham, MD  
20703.

Confirmation of the 
relativity and 
established rate will be 
returned to the 
submitting producer, 
engineer, and 
builder/applicant in 
approximately 30 
business days.




TABLE 10. V-ZONE RISK RATING RELATIVITIES TABLE



Building
Point
Total1
No Obstruction Rates
With Obstruction Rates

Replacement 
Cost Ratio
.75 or More
Replacement 
Cost Ratio
.50 to .74
Replacement 
Cost Ratio
Under .50
Replacement 
Cost Ratio
.75 or More
Replacement 
Cost Ratio
.50 to .74
Replacement 
Cost Ratio
Under .50
Less than 225
1.200
1.200
1.200
1.150
1.150
1.150
225  275
1.100
1.100
1.100
1.050
1.050
1.100
276  325
1.000
1.000
1.000
0.950
0.950
1.000
326  375
0.900
0.950
1.000
0.950
0.975
1.000
376  425
0.800
0.850
0.900
0.875
0.925
0.950
426  475
0.700
0.750
0.800
0.800
0.850
0.900
476  525
0.600
0.650
0.700
0.725
0.775
0.825
526  575
0.500
0.575
0.650
0.650
0.700
0.750
576  625
0.400
0.500
0.600
0.600
0.650
0.700
1Subtract from your Building Point Total all points assigned for Item I. LOWEST FLOOR ELEVATION and Item IV.A.1. 
Free of Obstruction because these factors are included in the rate prior to application of any V-Zone Risk Factor Rating 
Credit.




















































XIX.	RATING EXAMPLES

TABLE OF CONTENTS


EXAMPLE											PAGE

Example  1	Emergency Program, Standard Deductible	RATE 48


Example  2	Regular Program, Pre-FIRM Construction, $2,000/$1,000
	Deductible Option, Zone B	RATE 49


Example  3	Regular Program, Pre-FIRM Construction, $500 Deductible Option
	(Surcharge), Zone AE	RATE 50


Example  4	Regular Program, Pre-FIRM Construction, $3,000/$2,000 
	Deductible Option, Zone A15	RATE 51


Example  5	Regular Program, Post-FIRM, Elevation Rated, $5,000/$5,000 
	Deductible Option, Zone AE	RATE 52


Example  6	Regular Program, 1975-81 Post-FIRM V1-V30, Elevation Rated, Zone V13
	RATE 53


Example  7	Regular Program, Post-1981 VE or V1-V30, with Enclosure, Zone VE	RATE 54


Example  8	Regular Program, Post-FIRM Construction, Contents-Only Policy, Zone A17
	RATE 55


Example  9	Regular Program, Post-FIRM, Elevation Rated, $5,000/$5,000
	Deductible Option, Zone AO	RATE 56


Example  10	Regular Program, Post-FIRM, Elevation Rated, $500/$500
	Deductible Option, Zone AO (With Certification of Compliance)	RATE 57


Example  11	Regular Program, Post-FIRM, Elevation Rated, $3,000/$2,000
	Deductible Option, Zone AH	RATE 58


Example  12	Regular Program, Post-FIRM, Elevation Rated, $500/$500
	Deductible Option, Zone AH (With Certification of Compliance)	RATE 59


Example  13	Regular Program, Post-FIRM, Elevation Rated, $500/$500
	Deductible Option, Zone A (with Estimated BFE)	RATE 60


Example  14	Regular Program, Post-FIRM, Elevation Rated, $500/$500 
	Deductible Option, Zone A (without Estimated BFE)	RATE 61


EXAMPLE  1

EMERGENCY PROGRAM, STANDARD DEDUCTIBLE

Data Essential To Determine Appropriate Rates and Premium:

?	Emergency  Program
?	Flood  Zone:  		N/A
?	Occupancy:			Single-Family Dwelling
?	# of Floors:			1 Floor 
?	Basement/Enclosure:	None
?	Deductible:			$1,000/$1,000 (Standard)
?	Deductible Factor:		1.000
?	Contents  Location:		Lowest Floor Above Ground Level
?	Date of Construction:	Pre-FIRM
?	Elevation Difference:	N/A
?	Flood Proofed  Yes/No:	No
?	Building  Coverage:		$35,000
?	Contents:			$10,000
?	ICC  Premium:		N/A
?	CRS  Rating:		N/A
?	CRS  Discount:		N/A

Determined  Rates:
Building:   .76		Contents:    .96


BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)

DEDUCTIBLE
BASIC AND
ADDITIONAL

COVERAGE
AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL 
PREMIUM
PREM. 
REDUCTION/
INCREASE
TOTAL 
AMOUNT OF 
INSURANCE
TOTAL
PREMIUM
BUILDING
35,000
.76
  266



0
35,000
266
CONTENTS
10,000
.96
    96



0
10,000
96
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
362
? MANUAL			? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
?
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
362
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT              %
?
? PROVISIONAL RATING

SUBTOTAL
362
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND
PROBATION SURCHARGE
?
THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER
FEDERAL POLICY FEE
30
APPLICABLE FEDERAL LAW.

TOTAL PREPAID AMOUNT
392
SIGNATURE OF INSURANCE AGENT/BROKER			DATE (MM/DD/YY) 



Premium  Calculation:

1.    Multiply Rate  x  $100 of Coverage:  		Building:  $266 / Contents:  $96
2.    Apply Deductible Factor:			Building:  1.000 x $266 = $266  /  Contents:  1.000 x $96 = 
$96
3.    Premium Reduction/Increase:		Building:  $0 / Contents:  $0
4.    Subtotal:					$362
5.    Add ICC Premium:				N/A
6.    Subtract CRS Discount:			N/A
7.    Subtotal:					$362
8.    Probation Surcharge:			N/A
9.    Add Federal Policy Fee:			$30
10.  Total Prepaid Amount:			$392


EXAMPLE  2

REGULAR PROGRAM, PRE-FIRM CONSTRUCTION, $2,000/$1,000 DEDUCTIBLE OPTION, ZONE B

Data Essential To Determine Appropriate Rates and Premium:

?	Regular  Program
?	Flood  Zone:  		B
?	Occupancy:			Single-Family Dwelling
?	# of Floors:			2  Floors
?	Basement/Enclosure:	None
?	Deductible:			$2,000/$1,000
?	Deductible Factor:		.915
?	Contents  Location:		Lowest Floor Above Ground Level and Higher Floors
?	Date of Construction:	Pre-FIRM
?	Elevation Difference:	N/A
?	Flood Proofed  Yes/No:	No
?	Building  Coverage:		$150,000
?	Contents  Coverage:	$60,000
?	ICC  Premium:		$6
?	CRS  Rating:		N/A
?	CRS  Discount:		N/A

Determined  Rates:
Building:   .64/.14		Contents:    .99/.25


BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)

DEDUCTIBLE
BASIC AND
ADDITIONAL

COVERAGE
AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL 
PREMIUM
PREM. 
REDUCTION/
INCREASE
TOTAL 
AMOUNT OF 
INSURANCE
TOTAL
PREMIUM
BUILDING
50,000
.64
  320
100,000
.14
140
-39
150,000
421
CONTENTS
20,000
.99
  198
40,000
.25
100
-25
60,000
273
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
694
? MANUAL			? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
6
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
700
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT              %
?
? PROVISIONAL RATING

SUBTOTAL
700
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND
PROBATION SURCHARGE
?
THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER
FEDERAL POLICY FEE
30
APPLICABLE FEDERAL LAW.
TOTAL PREPAID AMOUNT
730
SIGNATURE OF INSURANCE AGENT/BROKER			DATE (MM/DD/YY) 



Premium  Calculation:

1.    Multiply Rate  x  $100 of Coverage:  		Building: $460  /  Contents: $298
2.    Apply Deductible Factor:			Building:  .915 x $460 = $421  /  Contents: .915 x $298 = 
$273
3.    Premium Reduction:			Building:  $460 - $421 = $39  /  Contents:  $298 - $273 = 
$25
4.    Subtotal:					$694
5.    Add ICC Premium:				$6
6.    Subtract  CRS  Discount:			N/A
7.    Subtotal:					$700
8.    Probation Surcharge:			N/A
9.    Add Federal Policy Fee:			$30
10.  Total Prepaid Amount:			$730


EXAMPLE  3

REGULAR PROGRAM, PRE-FIRM CONSTRUCTION, $500 DEDUCTIBLE OPTION (SURCHARGE), 
ZONE AE

Data Essential To Determine Appropriate Rates and Premium:

?	Regular  Program
?	Flood  Zone:  		AE
?	Occupancy:			Single-Family Dwelling
?	# of Floors:			2  Floors
?	Basement/Enclosure:	Enclosure
?	Deductible:			$500/$500
?	Deductible Factor:		1.100 (Surcharge)
?	Contents  Location:		Enclosure and Above
?	Date of Construction:	Pre-FIRM
?	Elevation Difference:	N/A
?	Flood Proofed  Yes/No:	No
?	Building  Coverage:		$150,000
?	Contents  Coverage:	$60,000
?	ICC  Premium:		$75
?	CRS  Rating:		N/A
?	CRS  Discount:		N/A

Determined  Rates:
Building:   .81/.60		Contents:    .96/.60


BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)

DEDUCTIBLE
BASIC AND
ADDITIONAL

COVERAGE
AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL 
PREMIUM
PREM. 
REDUCTION/
INCREASE
TOTAL 
AMOUNT OF 
INSURANCE
TOTAL
PREMIUM
BUILDING
50,000
.81
  405
100,000
.60
600
+101
150,000
1,106
CONTENTS
20,000
.96
  192
40,000
.60
240
+43
60,000
475
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
1,581
? MANUAL			? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
75
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
1,656
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT              %
?
? PROVISIONAL RATING

SUBTOTAL
1,656
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND
PROBATION SURCHARGE
?
THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER
FEDERAL POLICY FEE
30
APPLICABLE FEDERAL LAW.
TOTAL PREPAID AMOUNT
1,686
SIGNATURE OF INSURANCE AGENT/BROKER			DATE (MM/DD/YY) 



Premium  Calculation:

1.    Multiply Rate  x  $100 of Coverage:	Building: $1,005  /  Contents: $432
2.    Apply Deductible Factor:	Building:  1.100 x $1,005 = $1,106  /  Contents:  1.100 x $432 
= $475
3.    Premium Increase:	Building:  $1,106 - $1,105 = $101  /  Contents:  $475 - $432 = 
$43
4.    Subtotal:	$1,581
5.    Add ICC Premium:	$75
6.    Subtract  CRS  Discount:	N/A
7.    Subtotal:	$1,656
8.    Probation Surcharge:	N/A
9.    Add Federal Policy Fee:	$30
10.  Total Prepaid Amount:	$1,686







EXAMPLE  4

REGULAR PROGRAM, PRE-FIRM CONSTRUCTION, $3,000/$2,000 DEDUCTIBLE OPTION, ZONE 
A15

Data Essential To Determine Appropriate Rates and Premium:

?	Regular  Program
?	Flood  Zone:  		A15
?	Occupancy:			Single-Family Dwelling
?	# of Floors:			3  Floors
?	Basement/Enclosure:	Basement
?	Deductible:			$3,000/$2,000  Building and Contents
?	Deductible Factor:		.875
?	Contents  Location:		Basement and Above
?	Date of Construction:	Pre-FIRM
?	Elevation Difference:	N/A
?	Flood Proofed  Yes/No:	No
?	Building  Coverage:		$250,000
?	Contents  Coverage:	$100,000
?	ICC  Premium:		$60
?	CRS  Rating:		4
?	CRS  Discount:		30%

Determined  Rates:
Building:   .81/.50		Contents:    .96/.50


BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)

DEDUCTIBLE
BASIC AND
ADDITIONAL

COVERAGE
AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL 
PREMIUM
PREM. 
REDUCTION/
INCREASE
TOTAL 
AMOUNT OF 
INSURANCE
TOTAL
PREMIUM
BUILDING
50,000
.81
  405
200,000
.50
1,000
-176
250,000
1,229
CONTENTS
20,000
.96
  192
  80,000
.50
400
-74
100,000
518
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
1,747
? MANUAL			? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
60
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
1,807
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT          30%
-542
? PROVISIONAL RATING

SUBTOTAL
1,265
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND
PROBATION SURCHARGE
?
THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER
FEDERAL POLICY FEE
30
APPLICABLE FEDERAL LAW.

TOTAL PREPAID AMOUNT
1,295
SIGNATURE OF INSURANCE AGENT/BROKER			DATE (MM/DD/YY) 



Premium  Calculation:

1.    Multiply Rate  x  $100 of Coverage:  		Building: $1,405  /  Contents: $592
2.    Apply Deductible Factor:			Building:  .875 x $1,405 = $1,229  /  Contents:  .875 x $592 
= $518
3.    Premium Reduction:			Building:  $1,405 - $1,229 = $176  /  Contents:  $592 - $518 
= $74
4.    Subtotal:					$1,747
5.    Add ICC Premium:				$60
6.    Subtract CRS Discount:			-$542    (30%)
7.    Subtotal:					$1,265
8.    Probation Surcharge:			N/A
9.    Add Federal Policy Fee:			$30
10.  Total Prepaid Amount:			$1,295



EXAMPLE  5

REGULAR PROGRAM, POST-FIRM, ELEVATION RATED, $5,000/$5,000 DEDUCTIBLE OPTION, 
ZONE AE

Data Essential To Determine Appropriate Rates and Premium:

?	Regular  Program
?	Flood  Zone:  		AE
?	Occupancy:			Non-Residential
?	# of Floors:			2  Floors 
?	Basement/Enclosure:	None
?	Deductible:			$5,000/$5,000
?	Deductible Factor:		.870
?	Contents  Location:		Above Ground Level and Higher Floors
?	Date of Construction:	Post-FIRM
?	Elevation Difference:	+4
?	Flood Proofed  Yes/No:	No
?	Building  Coverage:		$500,000
?	Contents  Coverage:	$500,000
?	ICC  Premium:		$4
?	CRS  Rating:		5
?	CRS  Discount:		25%

Determined  Rates:
Building:   .20/.08		Contents:    .22/.12


BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)

DEDUCTIBLE
BASIC AND
ADDITIONAL

COVERAGE
AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL 
PREMIUM
PREM. 
REDUCTION/
INCREASE
TOTAL 
AMOUNT OF 
INSURANCE
TOTAL
PREMIUM
BUILDING
150,000
.20
  300
350,000
.08
280
-75
500,000
505
CONTENTS
130,000
.22
  286
370,000
.12
444
-95
500,000
635
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
1,140
? MANUAL			? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
4
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
1,144
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT            25%
-286
? PROVISIONAL RATING

SUBTOTAL
858
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND
PROBATION SURCHARGE
?
THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER
FEDERAL POLICY FEE
30
APPLICABLE FEDERAL LAW.

TOTAL PREPAID AMOUNT
888
SIGNATURE OF INSURANCE AGENT/BROKER			DATE (MM/DD/YY) 



Premium  Calculation:

1.    Multiply Rate  x  $100 of Coverage: 	 	Building:  $580  /  Contents:  $730
2.    Apply Deductible Factor:			Building:  .870 x $580 = $505  /  Contents:  .870 x $730 = 
$635
3.    Premium Reduction:			Building:  $580 - $505 = $75  /  Contents:  $730 - $635 = 
$95
4.    Subtotal:					$1,140
5.    Add ICC Premium:				$4
6.    Subtract  CRS  Discount:			-$286    (25%)
7.    Subtotal:					$858
8.    Probation Surcharge:			N/A
9.    Add Federal Policy Fee:			$30
10.  Total Prepaid Amount:			$888





EXAMPLE  6

REGULAR PROGRAM, 1975-81 POST-FIRM V1-V30, ELEVATION RATED, ZONE V13

Data Essential To Determine Appropriate Rates and Premium:

?	Regular  Program
?	Flood  Zone:  		V13
?	Occupancy:			Single-Family Dwelling
?	# of Floors:			2  Floors
?	Basement/Enclosure:	None
?	Deductible:			$500/$500
?	Deductible Factor:		1.000
?	Contents  Location:		Lowest Floor Above Ground Level and Higher Floors
?	Date of Construction:	1975 - 81 (Post-FIRM)
?	Elevation Difference:	+1
?	Flood Proofed  Yes/No:	No
?	Building  Coverage:		$150,000
?	Contents  Coverage:	$100,000
?	ICC  Premium:		$35
?	CRS  Rating:		8
?	CRS  Discount:		10%

Determined  Rates:
Building:   1.53/.34		Contents:    1.92/.45


BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)

DEDUCTIBLE
BASIC AND
ADDITIONAL

COVERAGE
AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL 
PREMIUM
PREM. 
REDUCTION/
INCREASE
TOTAL 
AMOUNT OF 
INSURANCE
TOTAL
PREMIUM
BUILDING
50,000
1.53
  765
100,000
.34
340
0
150,000
1,105
CONTENTS
20,000
1.92
  334
  80,000
.45
360
0
100,000
744
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
1,849
? MANUAL			? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
35
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
1,884
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT          10%
-188
?  PROVISIONAL RATING

SUBTOTAL
1,696
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND
PROBATION SURCHARGE
?
THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER
FEDERAL POLICY FEE
30
APPLICABLE FEDERAL LAW.

TOTAL PREPAID AMOUNT
1,726
SIGNATURE OF INSURANCE AGENT/BROKER			DATE (MM/DD/YY) 



Premium  Calculation:

1.    Multiply Rate  x  $100 of Coverage:  		Building:  $1,105 / Contents: $744
2.    Apply Deductible Factor:			Building:  1.000 x $1,105 = $1,105 / Contents:  1.000 x $744 
= $744
3.    Premium Reduction/Increase:		Building:  $0 / Contents:  $0
4.    Subtotal:					$1,849
5.    Add ICC Premium:				$35
6.    Subtract CRS Discount:			-$188    (10%)
7.    Subtotal:					$1,696
8.    Probation Surcharge:			N/A
9.    Add Federal Policy Fee:			$30
10.  Total Prepaid Amount:			$1,726



EXAMPLE  7

REGULAR PROGRAM, POST-1981 VE OR V1-V30, WITH ENCLOSURE, ZONE VE

Data Essential To Determine Appropriate Rates and Premium:

?	Regular  Program
?	Flood  Zone:  		VE
?	Occupancy:			Single-Family Dwelling
?	# of Floors:			3 or More Floors
?	Basement/Enclosure:	Enclosure     (< 300  sq. ft., w/o M&E)
?	Deductible:			$3,000/$3,000
?	Deductible Factor:		.825
?	Contents  Location:		Lowest Floor Above Ground Level and Higher Floors
?	Date of Construction:	Post-81
?	Elevation Difference:	-1
?	Flood Proofed  Yes/No:	No
?	Replacement  Cost:		$300,000
?	Building  Coverage:		$250,000
?	Contents  Coverage:	$100,000
?	ICC  Premium:		$14
?	CRS  Rating:		9
?	CRS  Discount:		5%

Determined  Rates:	
Building:   2.24/2.24		Contents:    1.68/1.68


BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)

DEDUCTIBLE
BASIC AND
ADDITIONAL

COVERAGE
AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL 
PREMIUM
PREM. 
REDUCTION/
INCREASE
TOTAL 
AMOUNT OF 
INSURANCE
TOTAL
PREMIUM
BUILDING
50,000
2.24
  1,120
200,000
2.24
4,480
-980
250,000
4,620
CONTENTS
20,000
1.68
     336
  80,000
1.68
1,344
-294
100,000
1,386
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
6,006
? MANUAL			? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
14
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
6,020
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT          5%
-301
? PROVISIONAL RATING

SUBTOTAL
5,719
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND
PROBATION SURCHARGE
?
THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER
FEDERAL POLICY FEE
30
APPLICABLE FEDERAL LAW.

TOTAL PREPAID AMOUNT
5,749
SIGNATURE OF INSURANCE AGENT/BROKER			DATE (MM/DD/YY) 



Premium  Calculation:

	1.    Multiply Rate  x  $100 of Coverage:  	Building: $5,600  /  Contents: $1,680
	2.    Apply Deductible Factor:	Building: .825 x $5,600 = $4,620  /  Contents:  .825 x $1,680 = 
$1,386
	3.    Premium Reduction:	Building: $5,600 - $4,620 = $980  /  Contents: $1,680 - $1,386 
= $294
	4.    Subtotal:	$6,006
	5.    Add ICC Premium:	$14
	6.    Subtract  CRS  Discount:	-$301    (5%)
	7.    Subtotal:	$5,719
	8.    Probation Surcharge:	N/A
	9.    Add Federal Policy Fee:	$30
	10.  Total Prepaid Amount:	$5,749


EXAMPLE  8

REGULAR PROGRAM, POST-FIRM CONSTRUCTION, CONTENTS-ONLY POLICY, ZONE A17

Data Essential To Determine Appropriate Rates and Premium:

?	Regular  Program
?	Flood  Zone:  		A17
?	Occupancy:			2-4 Family Dwelling (Renter's Policy)
?	# of Floors:			2  Floors
?	Basement/Enclosure:	None
?	Deductible:			$500
?	Deductible Factor:		1.000
?	Contents  Location:		Above Ground Level and Higher Floors
?	Date of Construction:	Post-FIRM
?	Elevation Difference:	+2
?	Flood Proofed  Yes/No:	No
?	Building  Coverage:		N/A
?	Contents  Coverage:	$100,000
?	ICC  Premium:		N/A
?	CRS  Rating:		N/A
?	CRS  Discount:		N/A

Determined  Rates:
Building:   N/A		Contents:    .38/.12


BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)

DEDUCTIBLE
BASIC AND
ADDITIONAL

COVERAGE
AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL 
PREMIUM
PREM. 
REDUCTION/
INCREASE
TOTAL 
AMOUNT OF 
INSURANCE
TOTAL
PREMIUM
BUILDING
               0








CONTENTS
 20,000
.38
76
  80,000
.12
  96
0
100,000
172
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
172
? MANUAL			? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
?
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
172
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT              %
?
? PROVISIONAL RATING

SUBTOTAL
172
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND
PROBATION SURCHARGE
?
THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER
FEDERAL POLICY FEE
30
APPLICABLE FEDERAL LAW.

TOTAL PREPAID AMOUNT
202
SIGNATURE OF INSURANCE AGENT/BROKER			DATE (MM/DD/YY) 



Premium  Calculation:

1.    Multiply Rate  x  $100 of Coverage:  		Building:  N/A  /  Contents: $172
2.    Apply Deductible Factor:			Building:  N/A  /  Contents:  1.000 x $172 = $172
3.    Premium Reduction/Increase:		Building:  N/A  /  Contents:  $0
4.    Subtotal:					$172
5.    Add ICC Premium:				N/A
6.    Subtract CRS  Discount:			N/A
7.    Subtotal:					$172
8.    Probation Surcharge:			N/A
9.    Add Federal Policy Fee:			$30
10.  Total Prepaid Amount:			$202



EXAMPLE  9

REGULAR PROGRAM, POST-FIRM, ELEVATION RATED, $5,000/$5,000 DEDUCTIBLE OPTION, 
ZONE AO

Data Essential To Determine Appropriate Rates and Premium:

?	Regular  Program
?	Flood  Zone:  		AO
?	Occupancy:			Non-Residential
?	# of Floors:			2  Floors 
?	Basement/Enclosure:	None
?	Deductible:			$5,000/$5,000
?	Deductible Factor:		.870
?	Contents  Location:		Above Ground Level and Higher Floors
?	Date of Construction:	Post-FIRM
?	Elevation Difference:	-1
?	Flood Proofed  Yes/No:	No
?	Building  Coverage:		$500,000
?	Contents  Coverage:	$500,000
?	ICC  Premium:		$4
?	CRS  Rating:		5
?	CRS  Discount:		25%

Determined  Rates:
Building:   .84/.30		Contents:    1.63/.25


BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)

DEDUCTIBLE
BASIC AND
ADDITIONAL

COVERAGE
AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL 
PREMIUM
PREM. 
REDUCTION/
INCREASE
TOTAL 
AMOUNT OF 
INSURANCE
TOTAL
PREMIUM
BUILDING
150,000
.84
  1,260
350,000
.30
1,050
-300
500,000
2,010
CONTENTS
130,000
1.63
  2,119
370,000
.25
925
-396
500,000
2,648
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
4,658
? MANUAL			? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
4
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
4,662
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT            25%
1,166
? PROVISIONAL RATING

SUBTOTAL
3,496
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND
PROBATION SURCHARGE
?
THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER
FEDERAL POLICY FEE
30
APPLICABLE FEDERAL LAW.

TOTAL PREPAID AMOUNT
3,526
SIGNATURE OF INSURANCE AGENT/BROKER			DATE (MM/DD/YY) 



Premium  Calculation:

1.    Multiply Rate  x  $100 of Coverage: 	 	Building:  $2,310  /  Contents:  $3,044
2.    Apply Deductible Factor:			Building:  .870 x $2,310 = $2,010  /  Contents:  .870 x $3,044 = 
$2,648
3.    Premium Reduction:			Building:  $2,310 - $2,010 = $300  /  Contents:  $3,044 - $2,648 
= $396
4.    Subtotal:					$4,662
5.    Add ICC Premium:				$4
6.    Subtract  CRS  Discount:			-$1,166    (25%)
7.    Subtotal:					$3,496
8.    Probation Surcharge:			N/A
9.    Add Federal Policy Fee:			$30
10.  Total Prepaid Amount:			$3,526







EXAMPLE  10

REGULAR PROGRAM, POST-FIRM, ELEVATION RATED, $500/$500 DEDUCTIBLE OPTION,
ZONE AO (WITH CERTIFICATION OF COMPLIANCE)

Data Essential To Determine Appropriate Rates and Premium:

?	Regular  Program
?	Flood  Zone:  		AO (With Certification of Compliance)
?	Occupancy:			Single-Family Dwelling
?	# of Floors:			2  Floors 
?	Basement/Enclosure:	None
?	Deductible:			$500/$500
?	Deductible Factor:		1.000
?	Contents  Location:		Above Ground Level and Higher Floors
?	Date of Construction:	Post-FIRM
?	Elevation Difference:	+1
?	Flood Proofed  Yes/No:	No
?	Building  Coverage:		$250,000
?	Contents  Coverage:	$100,000
?	ICC  Premium:		$4
?	CRS  Rating:		N/A
?	CRS  Discount:		N/A

Determined  Rates:
Building:   .25/.06		Contents:    .34/.11


BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)

DEDUCTIBLE
BASIC AND
ADDITIONAL

COVERAGE
AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL 
PREMIUM
PREM. 
REDUCTION/
INCREASE
TOTAL 
AMOUNT OF 
INSURANCE
TOTAL
PREMIUM
BUILDING
50,000
.25
  125
200,000
.06
120
0
250,000
245
CONTENTS
20,000
.34
    68
80,000
.11
88
0
100,000
156
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
401
? MANUAL			? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
4
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
405
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT               %

? PROVISIONAL RATING

SUBTOTAL
405
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND
PROBATION SURCHARGE

THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER
FEDERAL POLICY FEE
30
APPLICABLE FEDERAL LAW.

TOTAL PREPAID AMOUNT
435
SIGNATURE OF INSURANCE AGENT/BROKER			DATE (MM/DD/YY) 



Premium  Calculation:

1.    Multiply Rate  x  $100 of Coverage: 	 	Building:  $245  /  Contents:  $156
2.    Apply Deductible Factor:			Building:  1.000 x $245 = $245  /  Contents:  1.000 x $156 = 
$156
3.    Premium Reduction:			Building:  $0  /  Contents: = $0
4.    Subtotal:					$405
5.    Add ICC Premium:				$4
6.    Subtract  CRS  Discount:			N/A
7.    Subtotal:					$405
8.    Probation Surcharge:			N/A
9.    Add Federal Policy Fee:			$30
10.  Total Prepaid Amount:			$435






EXAMPLE  11

REGULAR PROGRAM, POST-FIRM, ELEVATION RATED, $3,000/$2,000 DEDUCTIBLE OPTION, 
ZONE AH

Data Essential To Determine Appropriate Rates and Premium:

?	Regular  Program
?	Flood  Zone:  		AH
?	Occupancy:			Single-Family Dwelling
?	# of Floors:			1  Floor
?	Basement/Enclosure:	None
?	Deductible:			$3,000/$2,000
?	Deductible Factor:		.875
?	Contents  Location:		Lowest Floor Above Ground Level
?	Date of Construction:	Post-FIRM
?	Elevation Difference:	-1
?	Flood Proofed  Yes/No:	No
?	Building  Coverage:		$250,000
?	Contents  Coverage:	$25,000
?	ICC  Premium:		$4
?	CRS  Rating:		N/A
?	CRS  Discount:		N/A

Determined  Rates:
Building:   .84/.30		Contents:    1.63/.25


BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)

DEDUCTIBLE
BASIC AND
ADDITIONAL

COVERAGE
AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL 
PREMIUM
PREM. 
REDUCTION/
INCREASE
TOTAL 
AMOUNT OF 
INSURANCE
TOTAL
PREMIUM
BUILDING
50,000
.84
  420
200,000
.30
600
-127
250,000
893
CONTENTS
20,000
1.63
  326
5,000
.25
13
-42
25,000
297
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
1,190
? MANUAL			? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
4
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
1,194
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT  30%
-358
? PROVISIONAL RATING

SUBTOTAL
836
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND
PROBATION SURCHARGE

THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER
FEDERAL POLICY FEE
30
APPLICABLE FEDERAL LAW.

TOTAL PREPAID AMOUNT
866
SIGNATURE OF INSURANCE AGENT/BROKER			DATE (MM/DD/YY) 



Premium  Calculation:

1.    Multiply Rate  x  $100 of Coverage: 	 	Building:  $1,020  /  Contents:  $339
2.    Apply Deductible Factor:			Building:  .875 x $1,020 = $893  /  Contents:  .875 x $339 = $297
3.    Premium Reduction:			Building:  $1,020 - $893 = $127  /  Contents = $339 - $297 = $42
4.    Subtotal:					$1,190
5.    Add ICC Premium:				$4
6.    Subtract  CRS  Discount:			$358
7.    Subtotal:					$836
8.    Probation Surcharge:			N/A
9.    Add Federal Policy Fee:			$30
10.  Total Prepaid Amount:			$866






EXAMPLE  12

REGULAR PROGRAM, POST-FIRM, ELEVATION RATED, $500/$500 DEDUCTIBLE OPTION,
ZONE AH (WITH CERTIFICATION OF COMPLIANCE)

Data Essential To Determine Appropriate Rates and Premium:

?	Regular  Program
?	Flood  Zone:  		AH (With Certification of Compliance)
?	Occupancy:			2-4 Family Dwelling
?	# of Floors:			2  Floors
?	Basement/Enclosure:	None
?	Deductible:			$500/$500
?	Deductible Factor:		1.000
?	Contents  Location:		Above Ground Level and Higher Floors
?	Date of Construction:	Post-FIRM
?	Elevation Difference:	+3
?	Flood Proofed  Yes/No:	No
?	Building  Coverage:		$200,000
?	Contents  Coverage:	$40,000
?	ICC  Premium:		$4
?	CRS  Rating:		N/A
?	CRS  Discount:		N/A

Determined  Rates:
Building:   .25/.06		Contents:    .34/.11


BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)

DEDUCTIBLE
BASIC AND
ADDITIONAL

COVERAGE
AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL 
PREMIUM
PREM. 
REDUCTION/
INCREASE
TOTAL 
AMOUNT OF 
INSURANCE
TOTAL
PREMIUM
BUILDING
50,000
.25
  125
150,000
.06
90
0
200,000
215
CONTENTS
20,000
.34
    68
20,000
.11
22
0
40,000
90
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
305
? MANUAL			? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
6
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
311
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT               %

? PROVISIONAL RATING

SUBTOTAL
311
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND
PROBATION SURCHARGE

THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER
FEDERAL POLICY FEE
30
APPLICABLE FEDERAL LAW.

TOTAL PREPAID AMOUNT
341
SIGNATURE OF INSURANCE AGENT/BROKER			DATE (MM/DD/YY) 



Premium  Calculation:

1.    Multiply Rate  x  $100 of Coverage: 	 	Building:  $215  /  Contents:  $90
2.    Apply Deductible Factor:			Building:  1.000 x $215 = $215  /  Contents:  1.000 x $90 = $90
3.    Premium Reduction:			Building:  $0  /  Contents: $0
4.    Subtotal:					$305
5.    Add ICC Premium:				$6
6.    Subtract  CRS  Discount:			N/A
7.    Subtotal:					$311
8.    Probation Surcharge:			N/A
9.    Add Federal Policy Fee:			$30
10.  Total Prepaid Amount:			$341




EXAMPLE  13

REGULAR PROGRAM, POST-FIRM, ELEVATION RATED, $500/$500 DEDUCTIBLE OPTION,
ZONE A (WITH ESTIMATED BFE)

Data Essential To Determine Appropriate Rates and Premium:

?	Regular  Program
?	Flood  Zone:  		A
?	Occupancy:			2-4 Family Dwelling
?	# of Floors:			2  Floors
?	Basement/Enclosure:	None
?	Deductible:			$500/$500
?	Deductible Factor:		1.000
?	Contents  Location:		Above Ground Level and Higher Floors
?	Date of Construction:	Post-FIRM
?	Elevation Difference:	+6 (with Estimated BFE)
?	Flood Proofed  Yes/No:	No
?	Building  Coverage:		$140,000
?	Contents  Coverage:	$70,000
?	ICC  Premium:		$6
?	CRS  Rating:		N/A
?	CRS  Discount:		N/A

Determined  Rates:
Building:   .32/.08		Contents:    .50/.12


BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)

DEDUCTIBLE
BASIC AND
ADDITIONAL

COVERAGE
AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL 
PREMIUM
PREM. 
REDUCTION/
INCREASE
TOTAL 
AMOUNT OF 
INSURANCE
TOTAL
PREMIUM
BUILDING
50,000
.32
  160
90,000
.08
72
0
140,000
232
CONTENTS
20,000
.50
  100
50,000
.12
60
0
70,000
160
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
392
? MANUAL			? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
6
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
398
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT               %

? PROVISIONAL RATING

SUBTOTAL
398
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND
PROBATION SURCHARGE

THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER
FEDERAL POLICY FEE
30
APPLICABLE FEDERAL LAW.

TOTAL PREPAID AMOUNT
428
SIGNATURE OF INSURANCE AGENT/BROKER			DATE (MM/DD/YY) 



Premium  Calculation:

1.    Multiply Rate  x  $100 of Coverage: 	 	Building:  $232  /  Contents:  $160
2.    Apply Deductible Factor:			Building:  1.000 x $232 = $232  /  Contents:  1.000 x $160 = 
$160
3.    Premium Reduction:			Building:  $0  /  Contents = $0
4.    Subtotal:					$392
5.    Add ICC Premium:				$6
6.    Subtract  CRS  Discount:			N/A
7.    Subtotal:					$398
8.    Probation Surcharge:			N/A
9.    Add Federal Policy Fee:			$30
10.  Total Prepaid Amount:			$428



EXAMPLE  14

REGULAR PROGRAM, POST-FIRM, ELEVATION RATED, $500/$500 DEDUCTIBLE OPTION,
ZONE A (WITHOUT ESTIMATED BFE)

Data Essential To Determine Appropriate Rates and Premium:

?	Regular  Program
?	Flood  Zone:  		A
?	Occupancy:			Single-Family Dwelling
?	# of Floors:			2  Floors
?	Basement/Enclosure:	None
?	Deductible:			$500/$500
?	Deductible Factor:		1.000
?	Contents  Location:		Lowest Floor Above Ground Level and Higher Floors
?	Date of Construction:	Post-FIRM
?	Elevation Difference:	+5 (without Estimated BFE)
?	Flood Proofed  Yes/No:	No
?	Building  Coverage:		$135,000
?	Contents  Coverage:	$60,000
?	ICC  Premium:		$4
?	CRS  Rating:		N/A
?	CRS  Discount:		N/A

Determined  Rates:
Building:   .36/.10		Contents:    .62/.12


BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)

DEDUCTIBLE
BASIC AND
ADDITIONAL

COVERAGE
AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL 
PREMIUM
PREM. 
REDUCTION/
INCREASE
TOTAL 
AMOUNT OF 
INSURANCE
TOTAL
PREMIUM
BUILDING
50,000
.36
  180
85,000
.10
85
0
135,000
265
CONTENTS
20,000
.62
  124
40,000
.12
48
0
60,000
172
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
437
? MANUAL			? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
6
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
443
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT               %

? PROVISIONAL RATING

SUBTOTAL
443
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND
PROBATION SURCHARGE

THAT ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER
FEDERAL POLICY FEE
30
APPLICABLE FEDERAL LAW.

TOTAL PREPAID AMOUNT
473
SIGNATURE OF INSURANCE AGENT/BROKER			DATE (MM/DD/YY) 



Premium  Calculation:

1.    Multiply Rate  x  $100 of Coverage: 	 	Building:  $265  /  Contents:  $172
2.    Apply Deductible Factor:			Building:  1.000 x $265 = $265  /  Contents:  1.000 x $172 = 
$172
3.    Premium Reduction:			Building:  $0  /  Contents:  $0
4.    Subtotal:					$437
5.    Add ICC Premium:				$6
6.    Subtract  CRS  Discount:			N/A
7.    Subtotal:					$443
8.    Probation Surcharge:			N/A
9.    Add Federal Policy Fee:			$30
10.  Total Prepaid Amount:			$473





CONDOMINIUMS



Important Notice to Agents:

Boards of Directors of condominium associations typically are responsible under their by-laws for maintaining all 
forms of property insurance necessary to protect the common property of the association against all hazards to which 
that property is exposed for either the insurable value or replacement cost of those common elements. This 
responsibility would typically include providing adequate flood insurance protection for all common property located in 
Special Flood Hazard Areas. Such by-law requirements could make the individual members of the boards of directors 
of such associations personally liable for insurance errors or omissions, including those relating to flood insurance.




XXXVII.	METHODS OF INSURING 
CONDOMINIUMS

There are five methods of insuring condominiums 
under the National Flood Insurance Program 
(NFIP). Each method has its own eligibility 
requirements for condominium type.

R.	Residential Condominium: 
Association Coverage on Building and 
Contents

A condominium association is the corporate entity 
responsible for the management and operation of 
a condominium.  Membership is made up of the 
condominium unit owners.  A condominium 
association may purchase insurance coverage on 
a residential building and its contents under the 
Residential Condominium Building Association 
Policy (RCBAP).

S.	Residential Condominium:  
Unit Owner's Coverage on Building and 
Contents

A condominium unit in a townhouse, rowhouse, 
high-rise or low-rise building is considered to be a 
single family residence. An individual dwelling 
unit in a condominium building may be insured in 
any one of three ways:

?	An individual unit and its contents may be 
separately insured under the Dwelling Form, 
in the name of the unit owner, at the limits of 
insurance for a single family dwelling.

?	An individual unit may be separately insured 
under the Dwelling Form, if purchased by the 
association in the name of the "owner of 
record unit number (#) and (name of) 
Association as their interests may appear," 
up to the limits of insurance for a single family 
dwelling.



?	An individual unit owned by the association 
may be separately insured under the 
Dwelling Form, if purchased by the 
condominium association. The single family 
limits of insurance apply.

A policy on a condominium unit will be issued 
naming the unit owner and the association, as 
their interests may appear. Coverage under a unit 
owner's policy applies first to the individually 
owned building elements and improvements to 
the unit and then to the damage of the building's 
common elements that are the unit owner's 
responsibility.

In the event of a loss, the claim payment to an 
individual unit owner may not exceed the 
maximum allowable in the Program.

T.	Other Residential Condominium:
Condominium Association Policy,
Association Coverage on Building and
Contents

The Condominium Association Program (CAP), under 
the General Property Form, is available to insure 
condominium buildings not eligible for the RCBAP. A 
CAP is written on the General Property Form in the 
name of the association. For policies after October 1, 
1994, the CAP is to be used for all condominiums in 
the Emergency Program communities, and those 
condominiums in Regular Program communities that 
do not meet the requirement that 75 percent of the 
floor area of the building be residential. In all other 
cases, the Residential Condominium Building 
Association Policy must be sold. The CAP will cover 
building common elements as well as building 
elements (additions and alterations) within all units of 
the building.


In the event of a loss, building coverage under either 
association policy applies first to building common 
elements damage and then to damage to individually 
owned building elements, and the claim payment may 
not exceed the maximum allowable under the NFIP.

U.	Nonresidential (Commercial) Condominium:
Building and Contents

Nonresidential (commercial) condominium 
buildings and their commonly owned contents 
may be insured in the name of the Association 
under the General Property Form. The 
"Nonresidential" limits apply.



V.	Nonresidential (Commercial) Condominium:
Unit Owner's Coverage (Contents)

The owner of a nonresidential condominium unit 
may purchase only contents coverage for that 
unit. Building coverage may not be purchased in 
the name of the unit owner.

In the event of a loss, up to 10 percent of the stated 
amount of contents coverage can be applied to losses 
to condominium interior walls, floors, and ceilings. 
The 10 percent is not an additional amount of 
insurance.




TABLE 1. CONDOMINIUM UNDERWRITING GUIDELINES

POLICY
TYPE
POLICY
FORM
INSURED
PROPERTY
COVERED
ELIGIBILITY
REQUIREMENTS
REPLACEMENT
COVERAGE
ICC
COVERAGE 
LIMITS
ASSESSMENT
COVERAGE
FDEDERAL
POLICY 
FEES
RESIDENTIAL 
CONDOMINIUM 
BUILDING 
ASSOCIATION 
POLICY (RCBAP)
RCBAP
CONDOMINIUM 
ASSOCIATION AND 
INDIVIDUAL UNIT 
OWNERS
CONDOMINIUM BUILDING
INDIVIDUALLY OWNED BUILDING UNITS 
WITHIN THE BUILDING
IMPROVEMENTS WITHIN UNIT
ADDITIONS AND EXTENSIONS ATTACHED 
OR CONNECTED BY A COMMON WALL
FIXTURES, MACHINERY AND EQUIPMENT 
WITHIN BUILDING
MATERIALS AND SUPPLIES USED IN 
REPAIRING OR ALTERING THE BUILDING
CONTENTS OWNED BY THE 
ASSOCIATION
COMMUNITY MUST BE IN 
REGULAR PROGRAM

RESIDENTIAL CONDO 
BUILDINGS WITH ONE OR MORE 
RESIDENTIAL UNITS

AT LEAST 75% OF FLOOR AREA 
MUST BE RESIDENTIAL

BUILDINGS INCLUDE
TOWNHOUSES, ROWHOUSES, 
LOW-RISE, HIGH-RISE, AND 
SINGLE FAMILY CONDOMINIUM 
BUILDINGS
YES
YES
REGULAR 
PROGRAM:

BUILDING
REPLACEMENT 
COST, OR THE 
TOTAL NUMBER OF 
UNITS X $250,000, 
WHICHEVER IS LESS

CONTENTS
ACTUAL CASH 
VALUE OF 
COMMONLY OWNED 
CONTENTS TO A 
MAXIMUM OF 
$100,000 PER
BUILDING.
NO
DETERMINED 
BY NUMBER OF 
UNITS IN 
CONDOMINIUM
CONDOMINIUM 
ASSOCIATION 
POLICY (CAP)
GENERAL 
PROPERTY 
FORM
CONDOMINIUM 
ASSOCIATION AND 
INDIVIDUAL UNIT 
OWNERS
SAME AS ABOVE
RESIDENTIAL CONDOMINIUM 
BUILDINGS THAT ARE 
UNINSURABLE UNDER A RCBAP

EMERGENCY PROGRAM IS 
ELIGIBLE
NO
YES
EMERGENCY PROG.:

BUILDING
ACTUAL CASH 
VALUE TO A 
MAXIMUM OF 
$100,000
CONTENTS
ACTUAL CASH 
VALUE TO A 
MAXIMUM OF $10,000
NO
$30.00
RESIDENTIAL UNIT 
OWNERS
DWELLING
FORM
CONDOMINIUM 
ASSOCIATION 
AND/OR INDIVIDUAL 
UNIT OWNERS
INDIVIDUALLY OWNED BUILDING
ELEMENTS IN UNIT

COMMON BUILDING ELEMENTS

INDIVIDUALLY OWNED CONTENTS
ALL RESIDENTIAL 
CONDOMINIUM UNITS

EMERGENCY AND REGULAR 
PROGRAMS ARE ELIGIBLE
YES1 
NO
EMERGENCY 
PROGRAM 
(MAXIMUM LIMITS)
BUILDING $35,000
CONTENTS $10,000

REGULAR PROGRAM 
(MAXIMUM LIMITS)
BUILDING $250,000 
CONTENTS $100,000
YES2 
$30.00
NON RESIDENTIAL 
BUILDING & 
CONTENTS
GENERAL 
PROPERTY 
FORM
CONDOMINIUM 
ASSOCIATION AND
INDIVIDUAL UNIT 
OWNERS
NON-RESIDENTIAL COMMON BUILDING 
ELEMENTS AND THEIR CONTENTS

CONTENTS OWNED BY ASSOCIATION

NON-RESIDENTIAL CONDO UNITS
BUILDING MUST BE NON-
RESIDENTIAL (COMMERCIAL)

EMERGENCY AND
REGULAR PROGRAMS ARE 
ELIGIBLE
NO
YES
EMERGENCY PROG.:

BUILDING
ACTUAL CASH 
VALUE TO A 
MAXIMUM OF 
$100,000
CONTENTS
ACTUAL CASH 
VALUE TO A 
MAXIMUM OF 
$100,000

REGULAR 
PROGRAM:

BUILDING
ACTUAL CASH 
VALUE TO A 
MAXIMUM OF 
$500,000
CONTENTS
ACTUAL CASH 
VALUE TO A 
MAXIMUM OF 
$500,000
NO
$30.00
NON RESIDENTIAL 
UNIT OWNERS
GENERAL 
PROPERTY 
FORM
INDIVIDUAL UNIT 
OWNERS
NON-RESIDENTIAL CONDO UNITS
(ONLY CONTENTS ARE AVAILABLE)
COMMERCIAL 
CONTENTS ONLY

EMERGENCY AND REGULAR 
PROGRAMS ARE ELIGIBLE
NO
NO
EMERGENCY PROG.:  
$100,000 MAXIMUM

REGULAR 
PROGRAM:
$500,000 MAXIMUM
NO
$30.00

Footnote:	These are basic guidelines for condominium associations and unit owners.  Please refer to appropriate section of the Flood Insurance Manual for specific details.
	1Subject to replacement cost provisions in policy.
	2ICC coverage does not apply to the Emergency Program, individually owned condominium units insured under Dwelling or General Property Forms, Contents-only Policies, and Group Flood Insurance Policies.



TABLE 2. CONDOMINIUM RATING CHART

LOW-RISE RESIDENTIAL CONDOMINIUMS

SINGLE UNIT BUILDING OR TOWNHOUSE/ROWHOUSE TYPE?BUILDING WITH SEPARATE ENTRANCE FOR EACH UNIT
PURCHASER OF POLICY
Building Occupancy1
Building 
Indicator1
Contents 
Indicator2 
Limits of Coverage
Type of
Coverage
Rate Table3
Policy Form4
UNIT OWNER
SINGLE FAMILY
SINGLE UNIT
HOUSEHOLD
BUILDING?$250,000
CONTENTS?$100,000
RC5
SINGLE FAMILY
DWELLING
ASSOCIATION
(SINGLE UNIT ONLY)
SINGLE FAMILY
SINGLE UNIT
HOUSEHOLD
BUILDING?$250,000
CONTENTS?$100,000
RC5
SINGLE FAMILY
DWELLING
ASSOCIATION
(ENTIRE BUILDING)
DETERMINED BY THE
NUMBER OF UNITS , I.E.,
SINGLE FAMILY, 2-4 FAMILY, 
OTHER RESIDENTIAL
LOW-RISE
HOUSEHOLD
BUILDING?THE TOTAL
NUMBER OF UNITS X $250,000
CONTENTS?$100,000
RC
RCBAP LOW-RISE
RCBAP

MULTI-UNIT BUILDING?2 TO 4 UNITS PER BUILDING?REGARDLESS OF NUMBER OF FLOORS (NON-TOWNHOUSE)
PURCHASER OF POLICY
Building Occupancy1
Building 
Indicator1
Contents 
Indicator2
Limits of Coverage
Type of
Coverage
Rate Table3
Policy Form4
UNIT OWNER
2-4
SINGLE UNIT
HOUSEHOLD
BUILDING?$250,000
CONTENTS?$100,000
RC5
SINGLE FAMILY FOR 
BUILDING; 2-4 
FAMILY FOR 
CONTENTS
DWELLING
ASSOCIATION
(SINGLE UNIT ONLY)
2-4
SINGLE UNIT
HOUSEHOLD
BUILDING?$250,000
CONTENTS?$100,000
RC5
SINGLE FAMILY FOR 
BUILDING; 2-4 
FAMILY FOR 
CONTENTS
DWELLING
ASSOCIATION
(ENTIRE BUILDING)
2-4
LOW-RISE
HOUSEHOLD
BUILDING?THE TOTAL
NUMBER OF UNITS X $250,000
CONTENTS?$100,000
RC
RCBAP LOW-RISE
RCBAP

MULTI-UNIT BUILDING?5 OR MORE UNITS PER BUILDING?LESS THAN THREE FLOORS
PURCHASER OF POLICY
Building Occupancy1
Building 
Indicator1
Contents 
Indicator2
Limits of Coverage
Type of
Coverage
Rate Table3
Policy Form4
UNIT OWNER
OTHER RESIDENTIAL
SINGLE UNIT
HOUSEHOLD
BUILDING?$250,000
CONTENTS?$100,000
RC5
SINGLE FAMILY
FOR BUILDING;
OTHER 
RESIDENTIAL FOR 
CONTENTS
DWELLING
ASSOCIATION
(SINGLE UNIT ONLY)
OTHER RESIDENTIAL
SINGLE UNIT
HOUSEHOLD
BUILDING?$250,000
CONTENTS?$100,000
RC5
SINGLE FAMILY
FOR BUILDING;
OTHER 
RESIDENTIAL FOR 
CONTENTS
DWELLING
ASSOCIATION
(ENTIRE BUILDING)
OTHER RESIDENTIAL
LOW-RISE
HOUSEHOLD
BUILDING?THE TOTAL
NUMBER OF UNITS X $250,000
CONTENTS?$100,000
RC
RCBAP LOW-RISE
RCBAP



TABLE 2. CONDOMINIUM RATING CHART (Cont'd)

HIGH-RISE RESIDENTIAL CONDOMINIUMS

MULTI-UNIT BUILDING?5 OR MORE UNITS PER BUILDING?THREE OR MORE FLOORS6
PURCHASER OF POLICY
Building Occupancy1
Building 
Indicator1
Contents 
Indicator2 
Limits of Coverage
Type of
Coverage
Rate Table3 
Policy Form4 
UNIT OWNER
OTHER RESIDENTIAL
SINGLE UNIT
HOUSEHOLD
BUILDING?$250,000
CONTENTS?$100,000
RC5
SINGLE FAMILY FOR 
BUILDING; OTHER 
RESIDENTIAL FOR 
CONTENTS
DWELLING
ASSOCIATION
(SINGLE UNIT ONLY)
OTHER RESIDENTIAL
SINGLE UNIT
HOUSEHOLD
BUILDING?$250,000
CONTENTS?$100,000
RC5
SINGLE FAMILY FOR 
BUILDING; OTHER 
RESIDENTIAL FOR 
CONTENTS
DWELLING
ASSOCIATION
(ENTIRE BUILDING)
OTHER RESIDENTIAL
HIGH-RISE
HOUSEHOLD
BUILDING?THE TOTAL
NUMBER OF UNITS X $250,000
CONTENTS?$100,000
RC
RCBAP HIGH-RISE
RCBAP

NON-RESIDENTIAL CONDOMINIUMS

PURCHASER OF POLICY
Building Occupancy1
Building 
Indicator1
Contents 
Indicator2
Limits of Coverage
Type of
COVERAG
E
Rate Table3
Policy Form4
UNIT OWNER
NON-RESIDENTIAL
SINGLE UNIT
(BUILDING 
COVERAGE NOT 
AVAILABLE)
BUSINESS
EMERGENCY?$100,000
REGULAR?$500,000
CONTENTS ONLY
ACV
NON-RESIDENTIAL
GENERAL 
PROPERTY
ASSOCIATION
NON-RESIDENTIAL
LOW-RISE
BUSINESS
BUILDING?
EMERGENCY?$100,000
REGULAR?$500,000

CONTENTS?
EMERGENCY?$100,000
REGULAR?$500,000
ACV
NON-RESIDENTIAL
GENERAL 
PROPERTY


RESIDENTIAL CONDOMINIUM BUILDING ASSOCIATION POLICY



XXXVIII.	POLICY FORM

The policy form used for the residential 
condominium buildings owned by a condominium 
association is the Residential Condominium 
Building Association Policy (RCBAP).

XXXIX.	ELIGIBILITY REQUIREMENTS

The RCBAP is required for all buildings owned by 
a condominium association containing one or 
more residential units and in which at least 75 
percent of the total floor area within the building is 
residential without regard to the number of units 
or number of floors. This will include 
townhouse/rowhouse and detached single family 
condominium buildings. The RCBAP is available 
for all high-rise and low-rise residential 
condominium buildings in the Regular Program 
only.

Residential condominium buildings that are being 
used as a hotel or motel, or are being rented 
(either short- or long-term), must be insured on 
the RCBAP.

Only buildings having a condominium form of 
ownership are eligible for the RCBAP. Co-
operative ownership buildings are not eligible. 
Timeshare buildings having condominium form of 
ownership in jurisdictions where title is vested in 
individual unit owners are eligible provided all 
other criteria are met.

The NFIP has grouped condominium buildings 
into two different types, low- and high-rise, 
because of the difference in the exposures to the 
risk that typically exists. Low-rise buildings 
generally have a greater percentage of the value 
of the building at risk than high-rise buildings, 
thus requiring higher premiums for the first dollars 
of coverage. The availability of the optional 
deductibles for the low-rise buildings, however, 
allows the association to buy back some of the 
risk, thereby reducing the overall cost of the 
coverage.

For rating purposes:

38.	High-rise buildings contain five or more 
units and at least three floors excluding 
enclosure, even if it is the lowest floor for 
rating. 

39.	Low-rise buildings have less than five units 
regardless of the number of floors, or five or 
more units with less than three floors, 
including the basement.



40.	Townhouse/rowhouse buildings are 
always considered as low-rise buildings for 
rating purposes, no matter how many units or 
floors they have.

See the Definitions section for a complete 
definition of high-rise and low-rise buildings.

The individual unit owners continue to have an 
option to purchase an SFIP Dwelling Form.

XL.	COVERAGE

A.	Property Covered

The entire building is covered under one policy, 
including both the common as well as individually 
owned building elements within the units, 
improvements within the units, and contents 
owned in common. Contents owned by individual 
unit owners should be insured under an individual 
unit owner's Dwelling Form.

B.	Coverage Limits

Building coverage purchased under the RCBAP 
will be on a Replacement Cost basis.

The maximum amount of building coverage that 
can be purchased on a high-rise or low-rise 
condominium is the Replacement Cost Value of 
the building or the total number of units in the 
condominium building times $250,000, whichever 
is less.

The maximum allowable contents coverage is the 
Actual Cash Value of the commonly owned 
contents up to a maximum of $100,000 per 
building.

Basic Limit Amount:

41.	The building basic limit amount of 
insurance for a detached building housing a 
single family unit owned by the condominium 
association is $50,000.

42.	For residential townhouse/rowhouse and 
low-rise condominiums, the building basic 
limit amount of insurance is $50,000 
multiplied by the number of units in the 
building.

43.	For high-rise condominiums, the building 
basic amount of insurance is $150,000.

44.	The contents basic limit amount of 
insurance is $20,000.


45.	For condominium unit owners who have 
insured their personal property under the 
Dwelling Form or General Property Form, 
coverage extends to interior walls, floor, and 
ceiling (if not covered under the condominium 
association's insurance) up to 10 percent of 
the personal property limit of liability.  Use of 
this coverage is at the option of the insured 
and reduces the personal property limit of 
liability.

C.	Replacement Cost and Coinsurance

Replacement cost coverage is available for 
building coverage only on RCBAPs and Dwelling 
Forms meeting eligibility requirements. Co-
insurance penalties are applied for building 
coverage only. To the extent the insured has not 
purchased insurance in an amount equal to the 
lesser of 80 percent or more of the full 
replacement cost of the building at the time of 
loss or the maximum amount of insurance under 
the NFIP, the insured will not be reimbursed fully 
for a loss. Building coverage purchased under 
individual Dwelling Forms cannot be added to 
RCBAP coverage in order to avoid the 
coinsurance penalty. The amount of loss in this 
case will be determined by using the following 
formula:

Insurance Carried    X Amount of Loss = Limit of Recovery
Insurance Required

Where the penalty applies, building loss under 
the RCBAP will be adjusted based on the 
Replacement Cost Coverage with a coinsurance 
penalty. Building loss under the Dwelling Form 
will be adjusted on an Actual Cash Value (ACV) 
basis if the Replacement Cost provision is not 
met.  The cost of bringing the building into 
compliance with local codes (law and ordinance) 
is not included in the calculation of replacement 
cost.

D.	Assessment Coverage

The RCBAP does not provide assessment 
coverage.

Assessment coverage is available only under the 
Dwelling Form subject to the conditions and 
exclusions found in Section III. Property Covered, 
Coverage C, paragraph 3  Condominium Loss 
Assessments. The Dwelling Form will respond, up to 
the building coverage limit, to assessments against 
unit owners for damages to common areas of any 
building owned by the condominium association, even 
if the building is not insured, provided that: (1) each of 
the unit owners comprising the membership of the 
association is assessed by reason of the same cause; 
and (2) the assessment arises out of a direct physical 
loss by or from flood to the condominium building at 
the time of the loss. Assessment coverage has a 
maximum combined total limit of $250,000 per unit. 
This combined total limit covers loss to the unit and 
any assessment by the association.

Assessment coverage cannot be used to meet 
the 80-percent coinsurance provision of the 
RCBAP, and does not apply to ICC coverage or 
to coverage for closed basin lakes.

V.	DEDUCTIBLES AND FEES

W.	Deductibles

The loss deductible shall apply separately to each 
building and personal property covered loss 
including any appurtenant structure loss.

The Standard Deductible is $1,000 for a 
residential condominium building, located in a 
Regular Program Community in Special Flood 
Hazard Areas, i.e., Zones A, AO, AH, A1-A30, 
AE, AR, AR dual zones (AR/AE, AR/AH, AR/AO, 
AR/A1-A30, AR/A), V, V1-V30, or VE, where the 
rates available for buildings built before the 
effective date of the initial Flood Insurance Rate 
Map (FIRM), Pre-FIRM rates, are used to 
compute the premium.

For all policies rated other than those described 
above, e.g., those rated as Post-FIRM and those 
rated in Zones A99, B, C, D, or X, the Standard 
Deductible is $500.

Optional deductible amounts are available under the 
RCBAP.

X.	Federal Policy Fee

The following are the Federal Policy Fees for the 
RCBAP:

	1	unit	-	$	30.00	per policy
	2-4	units	-	$	60.00	per policy
	5-10	units	-	$	150.00	per policy
	11-20	units	-	$	330.00	per policy
	21 or	more	-	$	630.00	per policy

VI.	TENTATIVE RATES AND SCHEDULED 
BUILDINGS

Tentative Rates cannot be applied to the RCBAP. The 
Scheduled Building Policy is not available for the 
RCBAP.

VII.	COMMISSIONS (DIRECT BUSINESS 
ONLY)

The commission, 15 percent, will be reduced to 5 
percent on only that portion of the premium that 
exceeds the figure resulting from multiplying the total 
number of units times $2,000.


VIII.	CANCELLATION OR ENDORSEMENT 
OF EXISTING UNIT OWNERS' 
DWELLING POLICIES

Unit owner's Dwelling Policies may be cancelled 
mid-term for the reasons mentioned in the 
Cancellation/Nullification section of the manual. 
To cancel building coverage while retaining 
contents coverage on a unit owner's policy, 
submit a General Change Endorsement form. In 
the event of a cancellation:

46.	The commission on a unit owner's policy 
will be retained, in full, by the producer,

47.	The Federal Policy Fee and Probation 
Surcharge will be refunded on a pro rata 
basis, and

48.	The premium refund will be calculated 
on a pro rata basis.

An existing Dwelling Policy or RCBAP may be 
endorsed to increase amounts of coverage in 
accordance with Endorsement rules. They may 
not be endorsed mid-term to reduce coverage.

IX.	APPLICATION FORM

The producer should complete the entire Flood 
Insurance Application according to the directions 
in the Application section of this manual and 
attach two new photographs of the building, one 
of which clearly shows the location of the lowest 
floor used for rating the risk.

Y.	Type of Building

For an RCBAP, the "Building" section of the Flood 
Insurance Application must indicate the total number 
of units in the building and whether the building is a 
high rise or low rise. 

High-rise (vertical) condominium buildings are 
defined as containing at least five units, and 
having at least three floors.  Note that an 
enclosure below an elevated floor building, even 
if it is the lowest floor for rating purposes, cannot 
be counted as a floor to classify the building as a 
high-rise condominium building.

Low-rise condominium buildings are defined as 
having less than five units and/or less than three 
floors.  In addition, low-rise also includes all 
townhouses/rowhouses regardless of the number 
of floors or units, and all detached single family 
buildings. 


For a Dwelling Form used to insure a 
condominium unit, or for a Condominium 
Association Policy, see the Application section of 
this manual.

Z.	Replacement Cost Value

For an RCBAP, use normal company practice to 
estimate the Replacement Cost Value (RCV) and 
enter the value in the "Building" section of the 
Application.  Include the cost of the building 
foundation when determining the RCV.  Attach 
the appropriate valuation to the Application.

Acceptable documentation of a building's RCV is 
a recent property inspection report that states the 
building's value on an RCV basis.  The cost of the 
building's foundation must be included in 
determining the RCV. The cost of bringing the 
building into compliance with local codes (law and 
ordinance) is not to be included in the calculation 
of the building's replacement cost. To maintain 
reasonable accuracy of the RCV for the building, 
the agent must update this information at least 
every 3 years.

AA.	Coverage

Ensure that the "Coverage and Rating" section of 
the Application accurately reflects the desired 
amount of building and contents coverage.

If only building insurance is to be purchased, 
inform the applicant of the availability of contents 
insurance for contents that are commonly 
owned. It is recommended that the applicant 
initial the contents coverage section if no 
contents insurance is requested. (This will make 
the applicant aware that the policy will not 
provide payment for contents losses.)

Building

Enter the amount of insurance for building, 
Basic and Additional Limits. Enter full Basic 
Limits before entering any Additional Limits. 
The building Basic Limit amount of 
insurance for high-rise condominium 
buildings is up to a maximum of $150,000.

The building Basic Limit amount of 
insurance for low-rise condominium 
buildings is $50,000 multiplied by the 
number of units in the building. The total 
amount of coverage desired on the entire 
building must not exceed $250,000 (Regular 
Program limit) times the total number of 
units (residential and nonresidential) in the 
building.


2.	Contents

Since the Program type must be Regular, 
enter the amount of insurance for contents, 
Basic and Additional Limits. Enter full Basic 
Limits before any Additional Limits. 
Contents coverage is only for those 
contents items that are commonly owned. 
For the Basic Limits amount of insurance, 
up to a maximum of $20,000 may be filled 
in. For the Additional Limits, up to a total of 
$80,000 may be filled in. The total amount 
of insurance available for contents 
coverage cannot exceed $100,000.

BB.	Rates and Fees

2.	To determine rates, see the RCBAP Rate 
Tables on the following pages. Enter the 
rate for building and for contents and 
compute the annual premium. If an optional 
deductible has been selected for building 
and/or contents, see page CONDO 22.



Enter the total premium for building and 
contents, adjusted for any premium change 
because of an optional deductible being 
selected. The total premium will be calculated as 
if the building were one unit.

Add the total premium for building and contents 
and enter the Annual Subtotal.

Add the ICC premium.

Calculate the CRS discount, if applicable.   

Subtract the CRS discount, if applicable. 

Add the $50.00 Probation Surcharge, if 
applicable.

Add the Federal Policy Fee to determine the 
Total Prepaid Amount.



TABLE 3A.  RCBAP HIGH-RISE CONDOMINIUM RATES
ANNUAL RATES PER $100 OF COVERAGE
(Basic/Additional)

BUILDING




BUILDING
TYPE
REGULAR PROGRAM PRE-FIRM1
REGULAR PROGRAM
POST-FIRM





A, A1-A30, AE, AO, AH, D

V, VE

A99, B, C, X

A99, B, C, X

D
No Basement/Enclosure
.85/.14
1.08/.34
.99/.04
.99/.04
.96/.19
With Basement
.90/.23
1.15/.81
1.27/.06
1.27/.06
SUBMIT FOR
With Enclosure
.90/.14
1.15/.34
.99/.04
.99/.04
RATE

B.	CONTENTS





CONTENTS
LOCATION
REGULAR PROGRAM PRE-FIRM1
REGULAR PROGRAM
POST-FIRM





A, A1-A30, AE, AO, AH, D

V, VE

A99, B, C, X

A99, B, C, X

D
Basement and above
.96/.50
1.23/1.33
1.26/.46
1.26/.46
SUBMIT FOR
Enclosure and above
.96/.60
1.23/1.58
1.26/.53
1.26/.53
RATE
Lowest floor only-
    above ground level

.96/.60

1.23/1.58

.99/.48

.99/.48

.96/.57
Lowest floor
   above ground level
   and higher floors


.96/.41


1.23/1.39


.99/.25


.99/.25


.96/.39
Above ground level
   more than 1 full floor

.35/.12

.47/.29

.35/.12

.35/.12

.35/.12

BUILDINGA1-A30, AE  POST-FIRM

ELEVATION
3 OR MORE FLOORS
NO BASEMENT/ENCLOSURE
3 OR MORE FLOORS
WITH BASEMENT/ENCLOSURE
	+4
  .33/.03
  .33/.03
	+3
  .34/.03
  .34/.03
	+2
  .35/.03
  .35/.03
	+1
  .62/.04
  .44/.04
	0
1.30/.04
1.16/.04
	-12
4.10/.14
2.31/.11
	-2
S U B M I T  F O R  R A T E
CONTENTSA1-A30, AE  POST-FIRM






ELEVATION

LOWEST FLOOR
ONLY- ABOVE GROUND
LEVEL (NO BSMNT./ENCL.)
LOWEST FLOOR
ABOVE GROUND 
LEVEL
AND HIGHER
(NO BSMNT./ENCL.)

BASEMENT/
ENCLOSURE
AND ABOVE

ABOVE GROUND
LEVEL - MORE THAN 
ONE FULL FLOOR
	+4
 .38/.12
 .38/.12
.38/.12
.35/.12
	+3
 .38/.12
 .38/.12
.38/.12
.35/.12
	+2
 .38/.12
 .38/.12
.38/.12
.35/.12
	+1
 .59/.12
 .41/.12
.38/.12
.35/.12
	0
1.10/.12
 .72/.12
.40/.12
.35/.12
	-12
3.01/.75
1.78/.58
.48/.12
.35/.12
	-2
S U B M I T  F O R  R A T E
1Start of construction or substantial improvement on or before 12/31/74, or before the effective date of the initial Flood Insurance 
Rate Map (FIRM).  If FIRM Zone is unknown, use rates for Zones A, AE, AO, AH, D.
2Use Submit-for-Rate guidelines if either the enclosure below the lowest elevated floor of an elevated building or the crawl space 
(under-floor space) that has its interior floor within 2 feet below grade on all sides, which is used for rating, is 1 or more feet below 
BFE.


TABLE 3B.  RCBAP HIGH-RISE CONDOMINIUM RATES
ANNUAL RATES PER $100 OF COVERAGE
(Basic/Additional)



AO, AH POST-FIRM NO BASEMENT/ENCLOSURE BUILDINGS1


BUILDING
CONTENTS
WITH CERTIFICATION OF COMPLIANCE2
.34/.04
.34/.11
WITHOUT CERTIFICATION OF COMPLIANCE
	OR WITHOUT ELEVATION CERTIFICATE3

.94/.06

.97/.20



POST-FIRM
UNNUMBERED A-ZONE - WITHOUT BASEMENT/ENCLOSURE1
ELEVATION DIFFERENCE TO
NEAREST FOOT
BUILDING
CONTENTS4
TYPE OF ELEVATION CERTIFICATE
+5	 OR MORE
  .70/.05
 .62./.12

NO ESTIMATED
BASE FLOOD ELEVATION5
+2 TO +4
1.11/.05
 .87/.17

+1
1.91/.11
1.54/.63

0 	OR BELOW
***
***

+2 	OR MORE
  .61/.04
  .50/.12

WITH ESTIMATED
BASE FLOOD ELEVATION6
0 TO +1
  .97/.05
  .79/.15

-1
3.90/.14
2.29/.67

-2 	OR BELOW
***
***

NO ELEVATION CERTIFICATE
5.06/1.06
2.87/1.00
NO ELEVATION CERTIFICATE

1Zones A, AO, or AH buildings with basement/enclosure--Submit for Rating.
2"With Certification of Compliance" rates are to be used when the Elevation Certificate shows that the 
lowest floor elevation is equal to or greater than the community's elevation requirement.
3"Without Certification of Compliance" rates are to be used only on Post-FIRM structures without an 
Elevation Certificate or when the Elevation Certificate shows that the lowest floor elevation of a Post-
FIRM structure is less than the community's elevation requirement.
4For elevation rated policies, when contents are located one floor or more above lowest floor used for 
rating, use .35/.12.
5NO ESTIMATED BASE FLOOD ELEVATION:  Elevation difference is the measured distance 
between the lowest floor of the building and the highest adjacent grade next to the building.
6WITH ESTIMATED BASE FLOOD ELEVATION: Elevation difference is the measured distance 
between the lowest floor of the building and the estimated BFE provided by the community or 
registered professional engineer, surveyor, or architect.
***SUBMIT FOR RATING.



TABLE 3C.  RCBAP HIGH-RISE CONDOMINIUM RATES
ANNUAL RATES PER $100 OF COVERAGE
(Basic/Additional)

AR AND AR DUAL ZONES
BUILDING
PRE-FIRM1,2  AND POST-FIRM3 NOT ELEVATION-RATED



BUILDING 
TYPE

RATES
No Basement/Enclosure
  .99/.04
With Basement
1.27/.06
With Enclosure
  .99/.04
CONTENTS




					PRE-FIRM1,2 AND POST-FIRM3 NOT ELEVATION-RATED
CONTENTS
LOCATION

RATES
Basement and above
1.26/.46
Enclosure and above
1.26/.53
Lowest floor only-
    above ground level

.99/.48
Lowest floor
   above ground level
   and higher floors


.99/.25
Above ground level
   more than 1 full floor

.35/.12

C.	BUILDING
PRE-FIRM AND POST-FIRM ELEVATION-RATED

ELEVATION
3 OR MORE FLOORS
NO BASEMENT/ENCLOSURE
3 OR MORE FLOORS
WITH BASEMENT/ENCLOSURE
	+4
 .33/.03
  .33/.03
	+3
 .34/.03
  .34/.03
	+2
 .35/.03
  .35/.03
	+1
 .62/.04
  .44/.04
	0
 .99/.04
1.16/.04
               	-14
See Footnote
CONTENTS
PRE-FIRM AND POST-FIRM ELEVATION-RATED






ELEVATION

LOWEST FLOOR
ONLY- ABOVE GROUND
LEVEL (NO BSMNT./ENCL.)
LOWEST FLOOR
ABOVE GROUND LEVEL
AND HIGHER
(NO BSMNT./ENCL.)

BASEMENT/
ENCLOSURE
AND ABOVE

ABOVE GROUND
LEVEL - MORE THAN 
ONE FULL FLOOR
	+4
.38/.12
.38/.12
.38/.12
.35/.12
	+3
.38/.12
.38/.12
.38/.12
.35/.12
	+2
.38/.12
.38/.12
.38/.12
.35/.12
	+1
.59/.12
.41/.12
.38/.12
.35/.12
	0
1.10/.12
.72/.12
.40/.12
.35/.12
              -14
See Footnote

                                 S U B M I T  FO R  R A T E 		

1Start of construction or substantial improvement on or before 12/31/74, or before the effective date of the initial Flood 
Insurance Rate Map (FIRM).
2Base deductible is $1,000.
3Base deductible is $500.
4Use Pre-FIRM AR and AR Dual Zones Rate Table above.


TABLE 3D.  RCBAP HIGH-RISE CONDOMINIUM RATES
ANNUAL RATES PER $100 OF COVERAGE
(Basic/Additional)



REGULAR PROGRAM -- 1975-19811 -- POST-FIRM CONSTRUCTION2


FIRM ZONES V1-V30, VE -- BUILDING RATES

BUILDING TYPE
ELEVATION OF LOWEST
FLOOR ABOVE OR BELOW 
BFE
3 OR MORE FLOORS
NO BASEMENT/ENCLOSURE
3 OR MORE FLOORS
WITH BASEMENT/ENCLOSURE
	03
2.23/.11
2.13/.11
	-14
6.54/.41
3.42/.31
	-2
***
***


1975-1981 POST-FIRM CONSTRUCTION
FIRM ZONES V1-V30, VE--CONTENTS RATES

CONTENTS LOCATION
ELEVATION
OF LOWEST
FLOOR
ABOVE OR
BELOW BFE
LOWEST FLOOR
ONLY?ABOVE 
GROUND LEVEL
(NO BASEMENT/
ENCLOSURE)

LOWEST FLOOR 
ABOVE GROUND LEVEL
AND HIGHER FLOORS (NO 
BASEMENT/ENCLOSURE)


BASEMENT/
ENCLOSURE
AND ABOVE

ABOVE GROUND
LEVEL?MORE
THAN ONE
FULL FLOOR
	03
2.94/.41
1.92/.45
1.08/.50
.55/.25
	-14
6.47/3.14
3.82/2.43
1.27/.50
.55/.25
	-2
***
***
***
***

1Policies for 1975 through 1981 Post-FIRM and Pre-FIRM buildings in Zones VE and V1-V30 will be 
allowed to use the Post-'81 V Zone rate table if the rates are more favorable to the insured.  See 
instructions on page RATE 23 for V Zone Optional Rating.

2For 1981 Post-FIRM construction rating, refer to pages CONDO 19-20.

3These rates are to be used if the lowest floor of the building is at or above the BFE.

4Use Submit-for-Rate guidelines if the enclosure below the lowest floor of an elevated building, which is 
 used for rating, is 1 or more feet below BFE.

***SUBMIT FOR RATING.


REGULAR PROGRAM 1975-1981 POST-FIRM CONSTRUCTION1
D.	UNNUMBERED V ZONE--ELEVATED BUILDINGS

SUBMIT FOR RATING



TABLE 4A.  RCBAP LOW-RISE CONDOMINIUM RATES
(Including Townhouse/Rowhouse)
ANNUAL RATES PER $100 OF COVERAGE
(Basic/Additional)


REGULAR PROGRAM -- PRE-FIRM CONSTRUCTION RATES 1

F I R M  Z O N E S:
A, A1-A30, AE, AO, AH, D
V, VE
A99, B, C, X

BUILDING
CONTENTS
BUILDING
CONTENTS
BUILDING
CONTENTS
BUILDING
TYPE
NO BASEMENT/ENCLOSURE
.70/.32
.96/.60
.93/.85
1.23/1.58
.57/.14
.99/.25

WITH BASEMENT
.75/.40
.96/.50
1.00/1.48
1.23/1.48
.66/.20
1.12/.38

WITH ENCLOSURE
.75/.46
.96/.52
1.00/1.61
1.23/1.61
.66/.23
1.12/.44


REGULAR PROGRAM -- POST-FIRM CONSTRUCTION RATES

F I R M  Z O N E S:
A99, B, C, X
D

BUILDING
CONTENTS
BUILDING
CONTENTS
BUILDING
TYPE
NO BASEMENT/ENCLOSURE
.57/.14
.99/.25
.77/.32
.96/.57

WITH BASEMENT
.66/.20
1.12/.38
***
***

WITH ENCLOSURE
.66/.23
1.12/.44


F I R M  Z O N E S:
AO, AH (NO BASEMENT/ENCLOSURE BUILDINGS ONLY)2

BUILDING
CONTENTS
WITH CERTIFICATION OF COMPLIANCE3
.19/.06
.34/.11
WITHOUT CERTIFICATION OF COMPLIANCE
OR WITHOUT ELEVATION CERTIFICATE4
.71/.17
.97/.20

1Start of construction or substantial improvement on or before 12/31/74, or before the effective date of the initial Flood 
Insurance Rate Map (FIRM).  If FIRM Zone is unknown, use rates for Zones A, AE, AO, AH, D.
2Zones AO, AH BUILDINGS WITH BASEMENT:  Submit for Rating.
3"With Certification of Compliance" rates are to be used when the Elevation Certificate shows that the lowest floor 
elevation is equal to or greater than the community's elevation requirement.
4"Without Certification of Compliance" rates are to be used only on Post-FIRM structures without an Elevation 
Certificate or when the Elevation Certificate shows that the lowest floor elevation of a Post-FIRM structure is less 
than the community's elevation requirement.

***SUBMIT FOR RATING.




TABLE 4B.  RCBAP LOW-RISE CONDOMINIUM RATES
(Including Townhouse/Rowhouse)
ANNUAL RATES PER $100 OF COVERAGE
(Basic/Additional)


REGULAR PROGRAM -- POST-FIRM CONSTRUCTION

FIRM ZONES A1-A30, AE -- BUILDING RATES

BUILDING TYPE
ELEVATION OF 
LOWEST FLOOR 
ABOVE OR BELOW 
BFE1
ONE FLOOR
NO BASEMENT/ENCLOSURE
MORE THAN ONE FLOOR
NO BASEMENT/ENCLOSURE
MORE THAN ONE FLOOR
WITH BASEMENT/ENCLOSURE
	+4
.18/.08
.18/.08
.18/.08
	+3
.18/.08
.18/.08
.18/.08
	+2
.24/.08
.18/.08
.18/.08
	+1
.43/.08
.25/.08
.19/.08
	0
.81/.08
.53/.08
.43/.08
		-12
2.06/.76
1.74/.70
1.03/.47
	-2
***
***
***

FIRM ZONES A1-A30, AE -- CONTENTS RATES

CONTENTS LOCATION
ELEVATION OF 
LOWEST FLOOR 
ABOVE OR BELOW 
BFE1
LOWEST FLOOR ONLY -
ABOVE GROUND LEVEL
(NO 
BASEMENT/ENCLOSURE)
LOWEST FLOOR
ABOVE GROUND LEVEL AND
HIGHER FLOORS
(NO BASEMENT/ENCLOSURE)


BASEMENT/ENCLOSURE
AND ABOVE

ABOVE GROUND LEVEL-
MORE THAN ONE FULL 
FLOOR
	+4
  .38/.12
.38/.12
.38/.12
.35/.12
	+3
  .38/.12
.38/.12
.38/.12
.35/.12
	+2
  .38/.12
.38/.12
.38/.12
.35/.12
	+1
  .59/.12
.41/.12
.38/.12
.35/.12
	0
1.10/.12
.72/.12
.40/.12
.35/.12
	-12
3.01/.75
1.78/.58
.48/.12
.35/.12
	-2
***
***
***
.35/.12


1If LF is -1 because of attached garage, submit application for special consideration; rate may be lower.
2Use Submit-for-Rate guidelines if the enclosure below the lowest floor of an elevated building or if the 
crawl space (under-floor space) that has its interior floor within 2 feet below grade on all sides, which is 
used for rating, is 1 or more feet below BFE.
***SUBMIT FOR RATING.



TABLE 4C.  RCBAP LOW-RISE CONDOMINIUM RATES
(Including Townhouse/Rowhouse)
ANNUAL RATES PER $100 OF COVERAGE
(Basic/Additional)


UNNUMBERED ZONE A - WITHOUT BASEMENT/ENCLOSURE1
ELEVATION DIFFERENCE TO 
NEAREST FOOT
BUILD
ING
CONTENTS2
TYPE OF ELEVATION CERTIFICATE
+5 OR MORE
.30/.10
.62/.12

NO ESTIMATED
BASE FLOOD ELEVATION3
+2 TO +4
.73/.12
.86/.17

 +1
1.40/.56
1.54/.63

0 OR BELOW
***
***

+2 OR MORE
.24/.08
.50/.12

WITH ESTIMATED
BASE FLOOD ELEVATION4
0 TO +1
.53/.10
.79/.15

-1
1.91/.67
1.93/.74

-2 OR BELOW
***
***

NO ELEVATION CERTIFICATE
2.42/1.15
2.79/1.00
NO ELEVATION CERTIFICATE

1Zone A building with basement (including crawl space below grade on all sides) or enclosure--Submit for 
Rating.
2For elevation rated policies, when contents are located one floor or more above lowest floor used for 
rating, use .35/.12.
3NO ESTIMATED BASE FLOOD ELEVATION:  Elevation difference is the measured distance between 
the lowest floor of the building and the highest adjacent grade next to the building.
4WITH ESTIMATED BASE FLOOD ELEVATION: Elevation difference is the measured distance between 
the lowest floor of the building and the estimated BFE provided by the community or registered 
professional engineer, surveyor, or architect.
***SUBMIT FOR RATING.



TABLE 4D.  RCBAP LOW-RISE CONDOMINIUM RATES
(Including Townhouse/Rowhouse)
ANNUAL RATES PER $100 OF COVERAGE
(Basic/Additional)

E.	
F.	AR AND AR DUAL ZONES


REGULAR PROGRAM  PRE-FIRM1,2 AND
POST-FIRM3 NOT ELEVATION-RATED RATES

BUILDING TYPE
BUILDI
NG
CONTENTS
NO BASEMENT
.57/.14
.99/.25
WITH BASEMENT
.66/.20
1.12/.38
WITH ENCLOSURE
.66/.23
1.12/.44

REGULAR PROGRAM  PRE-FIRM AND POST-FIRM ELEVATION-RATED RATES 

BUILDING RATES

BUILDING TYPE
ELEVATION OF LOWEST 
FLOOR ABOVE OR 
BELOW BFE
ONE FLOOR
NO BASEMENT/ENCLOSURE
MORE THAN ONE FLOOR
NO BASEMENT/ENCLOSURE
MORE THAN ONE FLOOR
WITH BASEMENT/ENCLOSURE
	+4
.18/.08
.18/.08
.18/.08
	+3
.18/.08
.18/.08
.18/.08
	+2
.24/.08
.19/.08
.18/.08
	+1
.43/.08
.25/.08
.19/.08
	0
.57/.14
.53/.08
.43/.08
	-14
See Footnote

CONTENTS RATES

CONTENTS LOCATION
ELEVATION OF LOWEST 
FLOOR ABOVE OR 
BELOW BFE
LOWEST FLOOR ONLY -
ABOVE GROUND LEVEL
(NO 
BASEMENT/ENCLOSURE)
LOWEST FLOOR
ABOVE GROUND LEVEL AND
HIGHER FLOORS
(NO BASEMENT/ENCLOSURE)

BASEMENT/ENCLOSURE
AND ABOVE
ABOVE GROUND LEVEL-
MORE THAN ONE FULL 
FLOOR
	+4
.38/.12
.38/.12
.38/.12
.35/.12
	+3
.38/.12
.38/.12
.38/.12
.35/.12
	+2
.38/.12
.38/.12
.38/.12
.35/.12
	+1
.59/.12
.41/.12
.38/.12
.35/.12
	0
1.10/.12
.72/.12
.40/.12
.35/.12
	-14
See Footnote

1Start of construction or substantial improvement on or before 12/31/74, or before the effective date of the initial Flood 
Insurance Rate Map (FIRM).
2Base deductible is $1,000.
3Base deductible is $500.
4Use Pre-FIRM AR and AR Dual Zones Rate Table above.


TABLE 4E.  RCBAP LOW-RISE CONDOMINIUM RATES
(Including Townhouse/Rowhouse)
ANNUAL RATES PER $100 OF COVERAGE
(Basic/Additional)


REGULAR PROGRAM -- 1975-19811 -- POST-FIRM CONSTRUCTION2
FIRM ZONES V1-V30, VE -- BUILDING RATES

BUILDING TYPE
ELEVATION OF LOWEST 
FLOOR ABOVE OR 
BELOW BFE
ONE FLOOR
NO BASEMENT/ENCLOSURE
MORE THAN ONE FLOOR
NO BASEMENT/ENCLOSURE
MORE THAN ONE FLOOR
WITH BASEMENT/ENCLOSURE
	03
1.83/.34
1.46/.34
1.26/.34
	-14
3.99/2.08
3.65/2.08
2.56/1.88
	-2
***
***
***



REGULAR PROGRAM -- 1975-19811 -- POST-FIRM CONSTRUCTION2
FIRM ZONES V1-V30, VE -- CONTENTS RATES

CONTENTS LOCATION
ELEVATION OF LOWEST 
FLOOR ABOVE OR 
BELOW BFE
LOWEST FLOOR ONLY - 
ABOVE GROUND LEVEL
(NO BASEMENT/ENCLOSURE)
LOWEST FLOOR ABOVE GROUND 
LEVEL AND HIGHER FLOORS
(NO BASEMENT/ENCLOSURE)
BASEMENT/ENCLOSURE 
AND ABOVE
ABOVE GROUND 
LEVEL - MORE THAN 
ONE FULL FLOOR
	03
2.94/.41
1.92/.45
1.08/.50
.55/.25
	-14
6.47/3.14
3.82/2.43
1.27/.50
.55/.25
	-2
***
***
***
.55/.25



REGULAR PROGRAM -- 1975-1981 -- POST-FIRM CONSTRUCTION2
UNNUMBERED V ZONE -- ELEVATED BUILDINGS 

G.	SUBMIT FOR RATING


1Policies for 1975 through 1981 Post-FIRM and Pre-FIRM buildings in Zones VE and V1-V30 will be allowed to use the Post- '81 V Zone 
rate table if the rates are more favorable to the insured.  See instructions on page RATE 23 for V Zone Optional Rating.
2For 1981 Post-FIRM construction rating, refer to pages CONDO 19 and 20.
3These rates are to be used if the lowest floor of the building is at or above the BFE.
4Use Submit-for-Rate guidelines if the enclosure below the lowest floor of an elevated building, which is used for rating, is 1 or more feet 
below BFE.
***SUBMIT FOR RATING.




TABLE 5A.  RCBAP HIGH-RISE AND LOW-RISE 
CONDOMINIUM RATES
(Including Townhouse/Rowhouse)
ANNUAL RATES PER $100 OF COVERAGE


1981 POST-FIRM V1-V30, VE ZONE RATES1

Elevated Buildings Free of Obstruction2 Below the
Beam Supporting the Building's Lowest Floor

Elevation of the bottom of 
the floor beam of the 
lowest floor above or 
below Base Flood 
Elevation adjusted for 
wave height at building 
site3
Building
Rate
Contents
Rate
+	4	or more
	.49
	.40
+	3
	.59
	.40
+	2
	.74
	.53
+	1
	1.07
	.85
	0
	1.38
	1.27
-	1
	1.82
	1.76
-	2
	2.40
	2.40
-	3
	3.18
	3.25
-	4	or lower
	***
	***
Rates above are only for elevated buildings. Use Specific Rating Guidelines
for non-elevated buildings.

1Policies for 1975 through 1981 Post-FIRM and Pre-FIRM buildings in Zones VE and V1-V30 will be allowed to use 
the Post-'81 V Zone rate table if the rates are more favorable to the insured. See instructions on page RATE 23 for 
V Zone Optional Rating.
2Free of Obstruction?The space below the lowest elevated floor must be completely free of obstructions or any 
attachment to the building, or may have:
(1)	Insect screening, provided that no additional supports are required for the screening; or
(2)	 Wooden or plastic lattice with at least 40 percent of its area open and made of material no thicker than 
 inch; or
(3)	 Wooden or plastic slats or shutters with at least 40 percent of their area open and made of material no 
thicker than 1 inch.
Any of these systems must be designed and installed to collapse under stress without jeopardizing the 
structural support of the building, so that the impact on the building of abnormally high tides or wind-driven 
water is minimized. Any machinery or equipment below the lowest elevated floor must be at or above the 
BFE.
3Wave height adjustment is not required in those cases where the Flood Insurance Rate Map indicates that the map 
includes wave height.
***SUBMIT FOR RATING.  Include a copy of the variance, a recent photograph and blueprints (including a site 
grading plan if ocean front) with the Application, and a post-construction (or pre-construction if builder's risk) 
Elevation Certificate. Do not submit any premium with the application. No applicant for insurance on Post-FIRM 
construction or substantial improvement for which asterisks are shown (there is no risk premium rate) in the Flood 
Insurance Manual can obtain flood coverage until FEMA has approved the Application and established the risk 
premium for the building.


TABLE 5B.  RCBAP HIGH-RISE AND LOW-RISE 
CONDOMINIUM RATES
(Including Townhouse/Rowhouse)
ANNUAL RATES PER $100 OF COVERAGE

1981 POST-FIRM V1-V30, VE ZONE RATES1,2

Elevated Buildings With Obstruction3 Below the
Beam Supporting the Building's Lowest Floor

Elevation of the bottom of 
the floor beam of the 
lowest floor above or 
below Base Flood 
Elevation adjusted for 
wave height at building 
site4
Building
Rate
Contents
Rate
+4 or more
	.90
	.50
+	3
	.99
	.50
+	2
	1.13
	.62
+	1
	1.40
	.97
	0
	1.71
	1.36
-	15
	2.17
	1.84
-	25
	2.78
	2.49
-	35
	3.56
	3.34
-	4	or lower5
	***
	***
1Policies for 1975 through 1981 Post-FIRM and Pre-FIRM buildings in Zones VE and V1-V30 will be allowed to use 
the Post-'81 V Zone rate table if the rates are more favorable to the insured. See instructions on page RATE 23 for 
V Zone Optional Rating.
2Rates provided are only for elevated buildings, except those elevated on solid perimeter foundation walls. For 
buildings elevated on solid perimeter foundation walls, and for non-elevated buildings, use the Specific Rating 
Guidelines document.
3With ObstructionThe space below has an area of less than 300 square feet with breakaway solid walls or contains 
equipment below the BFE. If the space below has an area of 300 square feet or more, or if any portion of the space 
below the elevated floor is enclosed with non-breakaway walls, submit for rating.
4Wave height adjustment is not required in those cases where the Flood Insurance Rate Map indicates that the map 
includes wave height.
5For buildings with obstruction, use Submit-for-Rate guidelines if the enclosure below the lowest elevated floor of an 
elevated building, which is used for rating, is 1 or more feet below BFE.
***SUBMIT FOR RATING. Include a copy of the variance, a recent photograph and blueprints (including a site grading 
plan if ocean front) with the Application, and a post-construction (or pre-construction if builder's risk) Elevation 
Certificate. Do not submit any premium with the application. No applicant for insurance on Post-FIRM construction 
or substantial improvement for which asterisks are shown (there is no risk premium rate) in the Flood Insurance 
Manual can obtain flood coverage until FEMA has approved the Application and established the risk premium for the 
building.

TABLE 5C.  RCBAP HIGH-RISE AND LOW-RISE 
BUILDING RATES
(Including Townhouse/Rowhouse)
ANNUAL RATES PER $100 OF COVERAGE

1981 POST-FIRM V ZONE RATES 

H.	SUBMIT FOR RATING


TABLE 6.  RCBAP HIGH-RISE AND LOW-RISE 
CONDOMINIUM RATES
(Including Townhouse/Rowhouse)
Increased Cost of compliance (ICC) Coverage


All Except Submit for Rate Policies1

Premiums for $30,000 ICC Coverage

FIRM2
ZONE
PREMIUM
Post-FIRM
A, AE, A1-A30, AO, AH
	$	6

AR, AR DUAL ZONES
	$	6

Post-'81 V1-V30, VE
	$	20

'75-'81 V1-V30, VE
	$	35

A99, B, C, X, D
	$	6
Pre-FIRM
A, AE, A1-A30, AO, AH
	$	75

AR, AR DUAL ZONES
	$	6

V, VE, V1-V30
	$	75

A99, B, C, X, D
	$	6

	1Use the ICC premium table contained in the Specific Rating Guidelines. 
	2Elevation-rated Pre-FIRM buildings should use Post-FIRM ICC premiums.




Table 7.  RCBAP Deductible Factors  All Zones


Category One  Low-Rise Condominium Building-and-Contents Policies


DEDUCTIBL
E OPTIONS
DEDUCTIBLE FACTOR

Single Family
2-4 Units
5 or More Units
Building/Contents
$500 Ded.
$1,000 Ded.
$500 Ded.
$1,000 Ded.
$500 Ded.
$1,000 Ded.
   $500/   $500
1.000
1.125
1.000
1.025
1.000
1.015
$1,000/$1,000
  .950
1.000
  .965
1.000
  .980
1.000
$2,000/$1,000
  .900
  .950
  .930
  .965
  .960
  .980
$3,000/$1,000
  .850
  .900
  .900
  .935
  .940
  .960
$4,000/$2,000
  .800
  .825
  .850
  .885
  .910
  .930
$5,000/$2,000
  .760
  .775
  .810
  .845
  .890
  .920
$10,000/$10,000
  .625
  .635
  .650
  .660
  .825
  .840
$25,000/$25,000
  .525
  .535
  .550
  .560
  .725
  .740


Category Two  Low-Rise Condominium Building-Only Policies


DEDUCTIBL
E OPTIONS
DEDUCTIBLE FACTOR

Single Family
2-4 Units
5 or More Units

$500 Ded.
$1,000 Ded.
$500 Ded.
$1,000 Ded.
$500 Ded.
$1,000 Ded.
$500
1.000
1.125
1.000
1.025
1.000
1.015
$1,000
  .950
1.000
  .965
1.000
  .980
1.000
$2,000
  .885
  .925
  .925
  .950
  .950
  .970
$3,000
  .825
  .865
  .875
  .910
  .920
  .940
$4,000
  .775
  .825
  .825
  .870
  .900
  .920
$5,000
  .725
  .765
  .800
  .835
  .880
  .900
$10,000
  .620
  .630
  .640
  .650
  .815
  .830
$25,000
  .520
  .530
  .540
  .550
  .715
  .730


Category Three  High-Rise Condominium Policies,
Building-and-Contents and Building-Only

The deductible factors are multipliers,
and total deductible amounts are subject to a maximum dollar discount per annual premium.

BUILDING/CONTENTS

BUILDING-ONLY

DEDUCTIBLE 
FACTOR



DEDUCTIBLE
FACTOR

DEDUCTIBLE
OPTIONS
$500
Deductible
$1,000
Deductible
MAXIMUM
DISCOUNT

DEDUCTIB
LE
OPTIONS
$500
Deductible
$1,000
Deductible
MAXIMUM
DISCOUNT
$500/      $500
1.000
1.050
  N/A

$500
1.000
1.100
N/A
$1,000/$1,000
  .980
1.000
$    56

$1,000
  .980
1.000
$   55
$2,000/$2,000
  .960
  .980
$  111

$2,000
  .950
  .970
$  110
$3,000/$3,000
  .940
  .960
$  166

$3,000
  .920
  .940
$  165
$4,000/$4,000
  .910
  .930
$  221

$4,000
  .900
  .920
$  220
$5,000/$5,000
  .890
  .920
$  276

$5,000
  .880
  .900
$  275
$10,000/$10,000
  .825
  .840
$   501

$10,000
  .815
  .830
$   500
$25,000/$25,000
  .725
  .740
$1,001

$25,000
  .715
  .730
$1,000




X.	CONDOMINIUM RATING EXAMPLES


TABLE OF CONTENTS


EXAMPLE	PAGE

Example	1	Pre-FIRM, Low-rise, with Enclosure, Coinsurance Penalty, Zone A	CONDO 24



Example	2	Pre-FIRM, Low-rise, No Basement/Enclosure, Zone AE	CONDO 25



Example	3	Post-FIRM, Low-rise, Coinsurance Penalty, Zone AE	CONDO 26



Example	4	Post-FIRM, Low-rise, Standard Deductible, Zone AE	CONDO 27



Example	5	Pre-FIRM, High-rise, Standard Deductible, Coinsurance Penalty, Zone A	CONDO 28



Example	6	Pre-FIRM, High-rise, Basement, Maximum Discount, Zone AE	CONDO 29



Example	7	Post-FIRM, High-rise, Standard Deductible, Zone AE	CONDO 30



Example	8	Pre-FIRM, High-rise, Enclosure, Maximum Discount, Coinsurance
		Penalty, Zone AE	CONDO 31


















CONDOMINIUM  RATING  EXAMPLE  1

PRE-FIRM, LOW-RISE, WITH ENCLOSURE, COINSURANCE 
PENALTY, ZONE A

	Regular  Program
?	Building  Coverage:	$140,000
?	Contents  Coverage:	$100,000
?	Condominium  Type:	Low-rise
?	Flood  Zone:	A
?	Occupancy:	Other  Residential
?	# of Units:	6
?	Date  of  Construction:	Pre-FIRM
?	Building  Type:	3  Floors Including Enclosure
?	Deductible:	$2,000/$1,000
?	Deductible Factor:	.980
?	Replacement  Cost:	$600,000
?	Elevation Difference:	N/A
?	80%  Coinsurance  Amount:	$480,000
?	ICC  Premium:	$75 ($30,000 Coverage)
?	CRS  Rating:	N/A
?	CRS  Discount:	N/A

Determined  Rates:
Building:   .75/.46	Contents:    .96/.52

COVERAGE
BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)
DEDUCTIBLE
BASIC AND
ADDITIONAL
TOTAL
PREMIUM

AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL
PREMIUM
PREM. 
REDUCTION/
INCREASE
TOTAL 
AMOUNT OF 
INSURANCE

BUILDING
	140,000
.75
	1,050
	0
.46
      0
	-21
	140,000
	1,029
CONTENTS
	20,000
.96
	192
	80,000
.52
416
	-12
	100,000
	596
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
	1,625
? MANUAL		? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
	75
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
	1,700
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT                       %
?
? PROVISIONAL RATING

SUBTOTAL
 1,700
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND THAT
PROBATION SURCHARGE
?
ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE  
FEDERAL LAW.
FEDERAL POLICY FEE 
	150
SIGNATURE OF INSURANCE AGENT/BROKER	DATE(MM/DD/YY)
TOTAL PREPAID AMOUNT
	1,850

Premium  Calculation:
1.	Multiply Rate  x  $100 of Coverage:	Building:  $1,050  /  Contents:  $608
2.	Apply Deductible Factor:	Building:  .980 x $1,050 = $1,029  /  Contents:  .980 x $608 = $596
3.	Premium Reduction:	Building:  $1,050 - $1,029 = $21  /  Contents:  $608 - $596 = $12
4.	Subtotal:	$1,625
5.	Add ICC Premium:	$75
6.	Subtract  CRS  Discount:	N/A
7.	Subtotal:	$1,700
8.	Probation Surcharge:	N/A
9.	Add Federal Policy Fee:	$150
10.	Total Prepaid Amount:	$1,850

CLAIMS  ADJUSTMENT  WITH  COINSURANCE  PROVISION
Claim Payment is determined as follows:

(Insurance  Carried)	140,000	x	(Amount  of  Loss)  100,000  =  (Limit  of  Recovery)  29,167 - Less Deductible
(Insurance  Required)	480,000

(Coinsurance Penalty applies because minimum insurance amount of $480,000 was not met.)


CONDOMINIUM  RATING  EXAMPLE  2

PRE-FIRM, LOW-RISE, NO BASEMENT/ENCLOSURE, ZONE 
AE

	Regular  Program
?	Building  Coverage:	$480,000
?	Contents  Coverage:	$50, 000
?	Condominium  Type:	Low-rise
?	Flood  Zone:	AE
?	Occupancy:	Other  Residential
?	# of Units:	6
?	Date  of  Construction:	Pre-FIRM
?	Building  Type:	1  Floor, No Basement
?	Deductible:	$500/$500
?	Deductible Factor:	1.015
?	Replacement  Cost:	$600,000
?	Elevation Difference:	N/A
?	80%  Coinsurance  Amount:	$480,000
?	ICC Premium:	$75 ($30,000 Coverage)
?	CRS  Rating:	N/A
?	CRS  Discount:	N/A

Determined  Rates:
Building:   .70/.32	Contents:    .96/.60

COVERAGE
BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)
DEDUCTIBLE
BASIC AND
ADDITIONAL
TOTAL
PREMIUM

AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL
PREMIUM
PREM. 
REDUCTION/
INCREASE
TOTAL 
AMOUNT OF 
INSURANCE

BUILDING
	300,000
.70
	2,100
180,000
.32
576
	+40
480,000
	2,716
CONTENTS
	20,000
.96
	192
30,000
.60
180
	+6
  50,000
	378
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
	3,094
? MANUAL		? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
	75
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
	3,169
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT                       %
?
? PROVISIONAL RATING

SUBTOTAL
	3,169
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND THAT
PROBATION SURCHARGE
?
ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE 
FEDERAL LAW.
FEDERAL POLICY FEE
	150
SIGNATURE OF INSURANCE AGENT/BROKER	DATE (MM/DD/YY)
TOTAL PREPAID AMOUNT
	3,319

Premium  Calculation:
1.	Multiply Rate  x  $100 of Coverage:	Building:  $2,676  /  Contents:  $372
2.	Apply Deductible Factor:	Building:  1.015 x $2,676 = $2,716  /  Contents:  1.015 x $372 = $378
3.	Premium Increase:	Building:  $2,716 - $2,676 = $40  /  Contents:  $378 - $372 = $6
4.	Subtotal:	$3,094
5.	Add ICC Premium:	$75
6.	Subtract  CRS  Discount:	N/A
7.	Subtotal:	$3,169
8.	Probation Surcharge:	N/A
9.	Add Federal Policy Fee:	$150
10.	Total Prepaid Amount:	$3,319

CLAIMS  ADJUSTMENT  WITH  COINSURANCE  PROVISION

Coinsurance Penalty does not apply since minimum insurance amount of 80% was met.



CONDOMINIUM  RATING  EXAMPLE  3

POST-FIRM, LOW-RISE, COINSURANCE PENALTY, ZONE AE

	Regular  Program
?	Building  Coverage:	$750,000
?	Contents  Coverage:	$100,000
?	Condominium  Type:	Low-rise
?	Flood  Zone:	AE
?	Occupancy:	Other  Residential
?	# of Units:	14
?	Date  of  Construction:	Post-FIRM
?	Building  Type:	2  Floors, No Basement/Enclosure
?	Deductible:	$500/$500
?	Deductible Factor:	1.000
?	Replacement  Cost:	$1,120,000
?	Elevation Difference:	+1
?	80%  Coinsurance  Amount:	$896,000
?	ICC  Premium:	$6 ($30,000 Coverage)
?	CRS  Rating:	N/A
?	CRS  Discount:	N/A

Determined  Rates:
Building:   .25/.08	Contents:    .41/.12

COVERAGE
BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)
DEDUCTIBLE
BASIC AND
ADDITIONAL
TOTAL
PREMIUM

AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL
PREMIUM
PREM. 
REDUCTION/
INCREASE
TOTAL 
AMOUNT OF 
INSURANCE

BUILDING
	700,000
.25
	1,750
50,000
.08
	40
0
750,000
	1,790
CONTENTS
	20,000
.41
	82
80,000
.12
	96
0
100,000
	178
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
	1,968
? MANUAL		? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
	6
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
	1,974
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT                    %
?
? PROVISIONAL RATING

SUBTOTAL
	1,974
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND THAT
PROBATION SURCHARGE
?
ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE 
FEDERAL LAW.
FEDERAL POLICY FEE
	330
SIGNATURE OF INSURANCE AGENT/BROKER	DATE (MM/DD/YY)
TOTAL PREPAID AMOUNT
	2,304

Premium  Calculation:
1.	Multiply Rate  x  $100 of Coverage:	Building:  $1,790 / Contents:  $178
2.	Apply  Deductible Factor:	Building:  1.000 x $1,790 = $1,790 / Contents:  1.000 x $178 = $178 
3.	Premium Reduction/Increase:	Building:  $0  /  Contents:  $0
4.	Subtotal:	$1,968
5.	Add ICC Premium:	$6
6.	Subtract  CRS  Discount:	N/A
7.	Subtotal:	$1,974
8.	Probation Surcharge:	N/A
9.	Add Federal Policy Fee:	$330
10.	Total Prepaid Amount:	$2,304

CLAIMS  ADJUSTMENT  WITH  COINSURANCE  PROVISION
Claim Payment is determined as follows:

(Insurance  Carried)	750,000	x  	(Amount  of  Loss)  300,000  =  (Limit  of  Recovery)  251,116 - Less Deductible
(Insurance  Required)	896,000

(Coinsurance Penalty applies because minimum insurance amount of $896,000 was not met.)


CONDOMINIUM  RATING  EXAMPLE  4

POST-FIRM, LOW-RISE, STANDARD DEDUCTIBLE, ZONE AE

	Regular  Program
?	Building  Coverage:	$600,000
?	Contents  Coverage:	$15,000
?	Condominium  Type:	Low-rise
?	Flood  Zone:	AE
?	Occupancy:	Other  Residential
?	# of Units:	6
?	Date  of  Construction:	Post-FIRM
?	Building  Type:	3  Floors, Townhouse,  No Basement/Enclosure
?	Deductible:	$500/$500
?	Deductible Factor:	1.000
?	Replacement  Cost:	$600,000
?	Elevation Difference:	+2
?	80%  Coinsurance  Amount:	$480,000
?	ICC Premium:	$6 ($30,000 Coverage)
?	CRS  Rating:	N/A
?	CRS  Discount:	N/A

Determined  Rates:
Building:   .18/.08	Contents:    .38/.12

COVERAGE
BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)
DEDUCTIBLE
BASIC AND
ADDITIONAL
TOTAL
PREMIUM

AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL
PREMIUM
PREM. 
REDUCTION/
INCREASE
TOTAL 
AMOUNT OF 
INSURANCE

BUILDING
	300,000
.18
	540
	300,000
.08
240
0
	600,000
	780
CONTENTS
	15,000
.38
	57
	0
.12

0
	15,000
	57
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
	837
? MANUAL		? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
	6
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
	843
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT                       %
?
? PROVISIONAL RATING

SUBTOTAL
	843
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND THAT
PROBATION SURCHARGE
?
ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE 
FEDERAL LAW.
FEDERAL POLICY FEE
	150
SIGNATURE OF INSURANCE AGENT/BROKER	DATE (MM/DD/YY)
TOTAL PREPAID AMOUNT
	993

Premium  Calculation:
1.	Multiply Rate  x  $100 of Coverage:	Building:  $780  /  Contents:  $57
2.	Apply Deductible Factor:	Building:  1.000 x $780 = $780  /  Contents:  1.000 x $57 = $57
3.	Premium Reduction/Increase:	Building:  $0  /  Contents:  $0
4.	Subtotal:	$837
5.	Add ICC Premium:	$6
6.	Subtract CRS Discount:	N/A
7.	Subtotal:	$843
8.	Probation Surcharge:	N/A
9.	Add Federal Policy Fee:	$150
10.	Total Prepaid Amount:	$993

CLAIMS  ADJUSTMENT  WITH  COINSURANCE  PROVISION

Coinsurance Penalty does not apply since the minimum insurance amount of 80% was met.



CONDOMINIUM  RATING  EXAMPLE  5

PRE-FIRM, HIGH-RISE, STANDARD DEDUCTIBLE, COINSURANCE PENALTY, ZONE A

	Regular  Program
?	Building  Coverage:	$1,110,000
?	Contents  Coverage:	$100,000
?	Condominium  Type:	High-rise
?	Flood  Zone:	A
?	Occupancy:	Other  Residential
?	# of Units:	50
?	Date  of  Construction:	Pre-FIRM
?	Building  Type:	3  or More Floors, No Basement/Enclosure
?	Deductible:	$1,000/$1,000
?	Deductible Factor:	1.000
?	Replacement  Cost:	$1,500,000
?	Elevation Difference:	N/A
?	80%  Coinsurance  Amount:	$1,200,000
?	ICC  Premium:	$75 ($30,000 Coverage)
?	CRS  Rating:	5
?	CRS  Discount:	25%

Determined  Rates:
Building:   .85/.14	Contents:    .96/.41

COVERAGE
BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)
DEDUCTIBLE
BASIC AND
ADDITIONAL
TOTAL
PREMIUM

AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL
PREMIU
M
PREM. 
REDUCTION/
INCREASE
TOTAL AMOUNT 
OF INSURANCE

BUILDING
	150,000
.85
1,275
960,000
.14
	1,344
0
1,110,000
	2,619
CONTENTS
	20,000
.96
	192
80,000
.41
	328
0
100,000
	520
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
	3,139
? MANUAL		? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
	75
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
	3,214
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT             25%
	-804
? PROVISIONAL RATING

SUBTOTAL
	2,410
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND THAT
PROBATION SURCHARGE
?
ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE   
FEDERAL LAW.
FEDERAL POLICY FEE
	630
SIGNATURE OF INSURANCE AGENT/BROKER	DATE (MM/DD/YY)
TOTAL PREPAID AMOUNT
	3,040

Premium  Calculation:
1.	Multiply Rate  x  $100 of Coverage:	Building:  $2,619  /  Contents:  $520
2.	Apply Deductible Factor:	Building:  1.000 x $2,619 = $2,619  /  Contents:  1.000 x $520 = $520
3.	Premium Reduction/Increase:	Building:  $0  /  Contents:  $0
4.	Subtotal:	$3,139
5.	Add ICC Premium:	$75
6.	Subtract  CRS  Discount:	- $804 (25%)
7.	Subtotal:	$2,410
8.	Probation Surcharge:	N/A
9.	Add Federal Policy Fee:	$630
10.	Total Prepaid Amount:	$3,040

CLAIMS  ADJUSTMENT  WITH  COINSURANCE  PROVISION
Claim Payment is determined as follows:

(Insurance  Carried)	1,110,000	x	(Amount  of  Loss)  200,000  =  (Limit  of  Recovery)  185,000 - Less Deductible
(Insurance  Required)	1,200,000

(Coinsurance Penalty applies because minimum insurance amount of $1,200,000 was not met.)


CONDOMINIUM  RATING  EXAMPLE  6

PRE-FIRM, HIGH-RISE, BASEMENT, MAXIMUM DISCOUNT, ZONE AE

	Regular  Program
?	Building  Coverage:	$3,000,000
?	Contents  Coverage:	$100,000
?	Condominium  Type:	High-rise
?	Flood  Zone:	AE
?	Occupancy:	Other  Residential
?	# of Units:	50
?	Date  of  Construction:	Pre-FIRM
?	Building  Type:	3  or More Floors, including Basement
?	Deductible:	$5,000/$5,000 
?	Deductible Factor:	.920 (Maximum Total Discount of $276 applies)
?	Replacement  Cost:	$3,750,000
?	Elevation Difference:	N/A
?	80%  Coinsurance  Amount:	$3,000,000
?	ICC  Premium:	$75 ($30,000 Coverage)
?	CRS  Rating:	8
?	CRS  Discount:	10%

Determined  Rates:
Building:   .90/.23	Contents:    .96/.50

COVERAGE
BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)
DEDUCTIBLE
BASIC AND
ADDITIONAL
TOTAL
PREMIUM

AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL
PREMIUM
PREM. 
REDUCTION/
INCREASE
TOTAL 
AMOUNT OF 
INSURANCE

BUILDING
	150,000
.90
1,350
	2,850,000
.23
	6,555
	-276
3,000,000
	7,629
CONTENTS
	20,000
.96
  192
	80,000
.50
   400
	0
100,000
	592
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
	8,221
? MANUAL		? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
	75
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
	8,296
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT                  10%
	-830
? PROVISIONAL RATING

SUBTOTAL
	7,466
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND THAT
PROBATION SURCHARGE
?
ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE 
FEDERAL LAW.
FEDERAL POLICY FEE
	630
SIGNATURE OF INSURANCE AGENT/BROKER	DATE (MM/DD/YY)
TOTAL PREPAID AMOUNT
	8,096

Premium  Calculation:
1.	Multiply Rate  x  $100 of Coverage:	Building:  $7,905  /  Contents:  $592
2.	Apply Deductible Factor:	Building:  .920 x $7,905 = $7,273  /  Contents:  .920 x $592 = $545
3.	Premium Reduction:	Building:  $276 (maximum discount since $7,705 - $7,273 = $632
			  exceeds the maximum)  / Contents:  $0
4.	Subtotal:	$8,221
5.	Add ICC Premium:	$75
6.	Subtract  CRS  Discount:	-$830 (10%)
7.	Subtotal:	$7,466
8.	Probation Surcharge:	N/A
9.	Add Federal Policy Fee:	$630
10.	Total Prepaid Amount:	$8,096

CLAIMS  ADJUSTMENT  WITH  COINSURANCE  PROVISION

Coinsurance Penalty does not apply since the minimum insurance amount of 80% was met.

NOTE:	The NFIP accepts premium only in whole dollars. If the discount for an optional deductible does not result in
	a whole dollar premium, round up if 50 or more; round down if less.  Always submit gross premium.


CONDOMINIUM  RATING  EXAMPLE  7

POST-FIRM, HIGH-RISE, STANDARD DEDUCTIBLE, ZONE AE

	Regular  Program
?	Building  Coverage:	$12,000,000
?	Contents  Coverage:	$15,000
?	Condominium  Type:	High-rise
?	Flood  Zone:	AE
?	Occupancy:	Other Residential
?	# of Units:	100
?	Date  of  Construction:	Post-FIRM
?	Building  Type:	3  or More Floors, No Basement/Enclosure
?	Deductible:	$500/$500
?	Deductible Factor:	1.000
?	Replacement  Cost:	$15,000,000
?	Elevation Difference:	0
?	80%  Coinsurance  Amount:	$12,000,000
?	ICC Premium:	$6 ($30,000 Coverage)
?	CRS  Rating:	9
?	CRS  Discount:	5%

Determined  Rates:
Building:    1.30/.04	Contents:    .72/.12

COVERAGE
BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)
DEDUCTIBLE
BASIC AND
ADDITIONAL
TOTAL
PREMIUM

AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL
PREMIUM
PREM. 
REDUCTION/
INCREASE
TOTAL AMOUNT 
OF INSURANCE

BUILDING
	150,000
1.30
	 1,950
	11,850,000
.04
4,740
0
12,000,000
	6,690
CONTENTS
	15,000
.72
    108
	0
.12

0
15,000
	108
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
	6,798
? MANUAL		? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
	6
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
	6,804
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT             5%
	-340
? PROVISIONAL RATING

SUBTOTAL
	6,464
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND THAT
PROBATION SURCHARGE
?
ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE   
FEDERAL LAW.
FEDERAL POLICY FEE
	630
SIGNATURE OF INSURANCE AGENT/BROKER	DATE (MM/DD/YY)
TOTAL PREPAID AMOUNT
	7,094

Premium  Calculation:
1.	Multiply Rate  x  $100 of Coverage:	Building:  $6,690  /  Contents:  $108
2.	Apply Deductible Factor:	Building:  1.000 x $6,690 = $6,690  /  Contents: 1.000 x $108 = $108
3.	Premium Increase:	Building:  $195  /  Contents:  $0
4.	Subtotal:	$6,798
5.	Add ICC Premium:	$6
6.	Subtract  CRS  Discount:	- $340 (5%)
7.	Subtotal:	$6,464
8.	Probation Surcharge:	N/A
9.	Add Federal Policy Fee:	$630
10.	Total Prepaid Amount:	$7,094

CLAIMS  ADJUSTMENT  WITH  COINSURANCE  PROVISION

Coinsurance Penalty does not apply since the minimum insurance amount of 80% was met.

NOTE:	The NFIP accepts premium only in whole dollars. If the discount for an optional deductible does not result in
	a whole dollar premium, round up if 50 or more; round down if less.  Always submit gross premium.



CONDOMINIUM RATING  EXAMPLE  8

PRE-FIRM, HIGH-RISE, ENCLOSURE, MAXIMUM DISCOUNT, 
COINSURANCE PENALTY, ZONE AE

	Regular  Program
?	Building  Coverage:	$4,000,000
?	Contents  Coverage:	$100,000
?	Condominium  Type:	High-rise
?	Flood  Zone:	AE
?	Occupancy:	Other Residential
?	# of Units:	200
?	Date  of  Construction:	Pre-FIRM
?	Building  Type:	3  or More Floors, Including Enclosure
?	Deductible:	$2,000/$2,000
?	Deductible Factor:	.980 (Maximum Total Discount of $111 applies)
?	Replacement  Cost:	$18,000,000
?	Elevation Difference:	N/A
?	80%  Coinsurance  Amount:	$14,400,000
?	ICC  Premium:	$75 ($30,000 Coverage)
?	CRS  Rating:	N/A
?	CRS  Discount:	N/A

Determined  Rates:
Building:   .90/.14	Contents:    .96/.60

COVERAGE
BASIC LIMITS
ADDITIONAL LIMITS
(REGULAR PROGRAM ONLY)
DEDUCTIBLE
BASIC AND
ADDITIONAL
TOTAL
PREMIUM

AMOUNT OF 
INSURANCE
RATE
ANNUAL 
PREMIUM
AMOUNT OF
INSURANCE
RATE
ANNUAL
PREMIUM
PREM. 
REDUCTION/
INCREASE
TOTAL 
AMOUNT OF 
INSURANCE

BUILDING
	150,000
	.90
1,350
	3,850,000
.14
	5,390
	-111
	4,000,000
	6,629
CONTENTS
	20,000
	.96
   192
	80,000
.60
	480
	0
	100,000
	672
RATE TYPE:  (ONE BUILDING PER POLICY?BLANKET COVERAGE NOT PERMITTED)
PAYMENT
ANNUAL SUBTOTAL
	7,301
? MANUAL		? SUBMIT FOR RATING
OPTION:
ICC PREMIUM
	75
? ALTERNATIVE		? V-ZONE RISK RATING FORM
? CREDIT CARD
SUBTOTAL
	7,376
? MORTGAGE PORTFOLIO PROTECTION PROGRAM
? OTHER:
CRS PREMIUM DISCOUNT                      %
?
? PROVISIONAL RATING

SUBTOTAL
	7,376
THE ABOVE STATEMENTS ARE CORRECT TO THE BEST OF MY KNOWLEDGE.  I UNDERSTAND THAT
PROBATION SURCHARGE
?
ANY FALSE STATEMENTS MAY BE PUNISHABLE BY FINE OR IMPRISONMENT UNDER APPLICABLE 
FEDERAL LAW.
FEDERAL POLICY FEE
	630
SIGNATURE OF INSURANCE AGENT/BROKER	DATE (MM/DD/YY)
TOTAL PREPAID AMOUNT
	8,006

Premium  Calculation:
1.	Multiply Rate  x  $100 of Coverage:	Building:  $6,740  /  Contents:  $672
2.	Apply  Deductible Factor:	Building:  .980 x $6,740 = $6,605  /  Contents:  .980 x $672 = $659
3.	Premium Reduction:	Building:  $111 (maximum discount since $6,740 - $6,605 = $135
			  exceeds the maximum)  / Contents:  $0
4.	Subtotal:	$7,301
5.	Add ICC Premium:	$75
6.	Subtract  CRS  Discount:	N/A
7.	Subtotal:	$7,376
8.	Probation Surcharge:	N/A
9.	Add Federal Policy Fee:	$630
10.	Total Prepaid Amount:	$8,006

CLAIMS  ADJUSTMENT  WITH  COINSURANCE  PROVISION
Claim Payment is determined as follows:

(Insurance  Carried)	  4,000,000	x	(Amount of Loss)  1,000,000 = (Limit of Recovery) 277,778 - Less Deductible
(Insurance  Required)	14,400,000

(Coinsurance Penalty applies because minimum insurance amount of $14,400,000 was not met.)


PREFERRED RISK POLICY





I.	GENERAL DESCRIPTION 

The Preferred Risk Policy (PRP) offers low-cost 
coverage to owners and tenants of eligible 
buildings located in the moderate-risk B, C, and 
X Zones in NFIP Regular Program 
communities. 

The maximum one- to four-family residential 
coverage combination is $250,000 building and 
$100,000 contents. Up to $100,000 contents-
only coverage is available for other residential 
properties. The maximum non-residential cov- 
erage combination is $500,000 building and 
$500,000 contents.

Only one building can be insured per policy, and 
only one policy can be written on each building.

II.	ELIGIBILITY REQUIREMENTS

A.	Flood Zone

To be eligible for building/contents coverage or 
contents-only coverage under the PRP, the 
building must be in a B, C, or X Zone on the 
effective date of the policy. The flood map 
available at the time of the renewal offer 
determines a building's continued eligibility for 
the PRP. NFIP map grandfathering rules do not 
apply to the PRP.

B.	Occupancy

Combined 
building/contents 
amounts of insurance are 
available for owners of 
single-family, two- to 
four-family, and non-
residential properties. 
Combined building and 
contents coverage is not 
available for other 
residential. 

Contents-only coverage 
is available for tenants 
and owners of all 
eligible occupancies, 
except


when contents are 
located entirely in a 
basement.

C.	Loss History

A building's eligibility for the PRP is based on 
the preceding requirements and on the 
building's flood loss history. If one of the 
following conditions exists, regardless of any 
change(s) in ownership of the building, then the 
building is not eligible for the PRP:
49.	2 flood insurance claim payments, each 
more than $1,000; or 
?	3 or more flood insurance claim payments, 
regardless of amount; or
?	2 Federal flood disaster relief payments 
(including loans and grants), each more than 
$1,000; or
?	3 Federal flood disaster relief payments 
(including loans and grants), regardless of 
amount; or
?	1 flood insurance claim payment and 1 
Federal flood disaster relief payment 
(including loans and grants), each more than 
$1,000.

D.	Exclusions

?	The PRP is not available in Special Flood 
Hazard Areas or in Emergency Program 
communities.
?	Other residential 
properties are not eligible 
for building coverage.
?	Contents located entirely in a basement 
are not eligible for contents-only coverage. 
However, contents located entirely in an 
enclosure are eligible.






THE PRP AT A GLANCE



POLICY TYPE
OCCUPANCY/MAXIMUM LIMITS

1-4 Family
Other Residential 
Non-Residential
Combined Building/
Contents
$250,000/
$100,000
No Coverage
$500,000/
$500,000
Contents Only
$100,000
$100,000
$500,000 


NOTES: Condominium associations are not eligible for the Preferred Risk Policy. 
Individual condominium units are not eligible unless they qualify under one of 
the exceptions on page PRP 2.


?	Condominium associations, unit owners, 
and their tenants are not eligible for the 
PRP, except for:
?	A townhouse/rowhouse 
building insured under 
the unit owner's name;
?	A detached, single-
family dwelling insured 
under the unit owner's 
name.
?	Contents-only coverage 
for tenants occupying 
townhouse/rowhouse 
build-ings or detached, 
single-family dwellings.
?	Increased Cost of Compliance (ICC) 
coverage is not available for condominium 
units. (See footnote 3 on page PRP 3.)

X.	DOCUMENTATION

All Preferred Risk 
Policy new business 
applications must 
include documentation of 
eligibility for the PRP.  
Such applications must 
be accompanied by one of 
the following: 
?	A Letter of Map Amendment 
(LOMA)
?	A Letter of Map Revision 
(LOMR)
?	A Letter of Determination 
Review (LODR)
?	A copy of the most recent 
flood map marked to show 
the exact location and 
flood zone of the building
?	A letter indicating the 
exact location and flood 
zone of the building, and 
signed and dated by a local 
community official
?	An elevation certificate 
indicating the exact 
location and flood zone of 
the building, and signed 
and dated by a surveyor, 
engineer, architect, or 
local community official
?	A flood zone determination 
certification that 
guarantees the accuracy of 
the information.

An agent writing through a Write Your Own 
(WYO) company should contact that company 
for guidance.

XI.	RENEWAL

An eligible risk renews automatically without 
submission of a new application. If, during a 
policy term, the risk fails to meet the eligibility 
requirements, it will be ineligible for renewal as 
a PRP. Such a risk must be nonrenewed or 
rewritten as a conventional Standard Flood 
Insurance Policy (SFIP).

XII.	COVERAGE LIMITS

The elevated building coverage limitation 
provisions do not apply to a policy written as a 
PRP.


VI.	REPLACEMENT COST COVERAGE

Replacement cost coverage applies only if the 
building is the principal residence of the insured 
and the building coverage chosen is at least 80 
percent of the replacement cost of the building 
at the time of the loss, or the maximum 
coverage available under the NFIP.

VII.	DISCOUNTS/FEES/ICC PREMIUM

?	No Community Rating System discount is 
associated with the PRP.
?	Probation fees will be charged.
?	The Federal Policy Fee of $11.00 is included 
in the premium and is not subject to 
commission.
?	The ICC premium is included.

XIII.	DEDUCTIBLES

The standard deductible for PRPs is $500. 
Optional deductibles are not available for PRPs.

XIV.	ENDORSEMENTS

The PRP may be endorsed 
to:
?	Increase coverage mid-term, 
subject to the coverage 
limits in effect when the 
policy was issued or 
renewed. See page END 5 for 
an example.
?	Correct misratings, such as 
incorrect building 
description or community 
number.

XV.	CONVERSION OF STANDARD RATED 
POLICY TO PRP DUE TO MISRATING 
OR MAP REVISION

A policy written as a 
Standard B, C, or X Zone 
policy and later found 
to be eligible for a PRP 
may be endorsed or 
rewritten as a PRP for 
only the current policy 
term.

When the risk has been 
rated with other than B, 
C, or X Zone rates, but 
is later found to be in 
a B, C, or X Zone and 
eligible for a PRP, the 
writing company will be 
allowed to endorse or 
cancel/rewrite up to 6 
years.

The policy may be 
cancelled/rewritten 
using Cancellation 
Reason Code 22 if both 
of the following 
conditions are met:
?	The request to endorse 
or cancel/rewrite the 
policy is received 
during the current 
policy term.
?	The policy has no open 
claim or closed paid 
claim.


PRP COVERAGES AVAILABLE EFFECTIVE MAY 1, 2004

ONE- TO FOUR-FAMILY RESIDENTIAL
BUILDING AND CONTENTS COVERAGE COMBINATIONS1
With Basement or Enclosure
Without Basement or Enclosure
Building
Contents
Premium2,3
Building
Contents
Premium2,3
$  20,000
$    8,000
$137
$  20,000
$    8,000
$112
$  30,000
$  12,000
$163
$  30,000
$  12,000
$138
$  50,000
$  20,000
$205
$  50,000
$  20,000
$180
$  75,000
$  30,000
$232
$  75,000
$  30,000
$207
$100,000
$  40,000
$263
$100,000
$  40,000
$233
$125,000
$  50,000
$279
$125,000
$  50,000
$249
$150,000
$  60,000
$294
$150,000
$  60,000
$264
$200,000
$  80,000
$331
$200,000
$  80,000
$296
$250,000
$100,000
$352
$250,000
$100,000
$317

ALL RESIDENTIAL CONTENTS-ONLY COVERAGE1, 4
Contents Above Ground Level More Than One 
Floor
All Other Locations (Basement-Only Not Eligible)
Contents
Premium2
Contents
Premium2
$    8,000
$  39
$    8,000
$  61
$  12,000
$  53
$  12,000
$  86
$  20,000
$  81
$  20,000
$116
$  30,000
$  93
$  30,000
$131
$  40,000
$105
$  40,000
$146
$  50,000
$117
$  50,000
$156
$  60,000
$129
$  60,000
$166
$  80,000
$153
$  80,000
$181
$100,000
$177
$100,000
$196

NON-RESIDENTIAL BUILDING AND CONTENTS COVERAGE COMBINATIONS1
With Basement or Enclosure
Without Basement or Enclosure
Building
Contents
Premium2,3
Building
Contents
Premium2,3
$  50,000
$  50,000
$   800
$  50,000
$  50,000
$   500
$100,000
$100,000
$1,375
$100,000
$100,000
$   800
$150,000
$150,000
$1,850
$150,000
$150,000
$1,050
$200,000
$200,000
$2,200
$200,000
$200,000
$1,300
$250,000
$250,000
$2,500
$250,000
$250,000
$1,500
$300,000
$300,000
$2,800
$300,000
$300,000
$1,700
$350,000
$350,000
$3,100
$350,000
$350,000
$1,850
$400,000
$400,000
$3,350
$400,000
$400,000
$2,000
$500,000
$500,000
$3,850
$500,000
$500,000
$2,300

NON-RESIDENTIAL CONTENTS-ONLY COVERAGE1, 4
Contents Above Ground Level More Than One 
Floor
All Other Locations (Basement-Only Not Eligible)
Contents
Premium2
Contents
Premium2
$  50,000
$121
$  50,000
$   275
$100,000
$231
$100,000
$   500
$150,000
$321
$150,000
$   675
$200,000
$381
$200,000
$   850
$250,000
$441
$250,000
$1,000
$300,000
$501
$300,000
$1,150
$350,000
$561
$350,000
$1,300
$400,000
$621
$400,000
$1,450
$500,000
$741
$500,000
$1,700

1Add the $50.00 Probation Surcharge, if applicable.
2Premium includes Federal Policy Fee of $11.00.
3Premium includes ICC premium of $1.00. Deduct this amount if the risk is a townhouse/rowhouse condominium unit or a 
contents-only policy.
4Contents-only policies are not available for contents located in basement only.
NOTES: Condominium associations are not eligible for the Preferred Risk Policy. Individual condominium units are not eligible 
unless they qualify under one of the exceptions on page PRP 2.
The deductibles apply separately to building and contents. Building deductible, $500. Contents deductible, 
$500.


The new PRP building coverage will be equal 
either to the building limit issued under the 
Standard B, C, or X Zone policy or the next 
higher limit available under the PRP if there is 
no PRP option equal to the Standard B, C, or X 
Zone building limit.

XVI.	COMPLETING THE FLOOD INSURANCE 
PREFERRED RISK POLICY APPLICATION

A.	Policy Status

In the upper right 
corner of the form, 
check the appropriate 
box to indicate if the 
application is for a NEW 
policy or a RENEWAL of 
an existing policy.  If 
the application is for a 
renewal, enter the 
current NFIP policy 
number.

CC.	Policy Term

The PRP is available only for 1-year terms.

3.	Check the appropriate box to indicate who 
should receive the renewal bill. If BILL 
FIRST MORTGAGEE is checked, complete 
"First Mortgagee" section. If BILL SECOND 
MORTGAGEE, BILL LOSS PAYEE, or 
BILL OTHER is checked, provide mailing 
instructions in "Second Mortgagee or 
Other" section.

Enter the policy effective date and policy 
expiration date (month-day-year). The effective 
date of the policy is determined by adding the 
appropriate waiting period to the date of 
application in the "Signature" section. The 
standard waiting period is 30 days. Refer to the 
General Rules Section, page GR 7, for the 
applicable waiting period.

DD.	Agent Information

Enter the agent's (producer's) name, agency 
name and number, address, city, state, ZIP 
Code, telephone number, fax number, and Tax 
I.D. Number or Social Security Number.

EE.	Insured's Mailing Address

4.	Enter the name, mailing address, city, 
state, ZIP Code, telephone number, and 
Social Security Number of the insured.

5.	If the insured's mailing address is a post 
office box or a rural route number, or if the 
address of the property to be insured is 
different from the mailing address, 
complete the "Property Location" section of 
the application.

FF.	Disaster Assistance

6.	Check YES if flood insurance is being 
required for disaster assistance. Enter the 
insured's case file number, Tax I.D. 
Number, or Social Security Number on the 
line for CASE FILE NUMBER.

7.	In the "Second Mortgagee or Other" block, 
identify the government (disaster) agency, 
and enter the complete name and mailing 
address of the disaster agency.

8.	If NO is checked, no other information is 
required.

GG.	First Mortgagee

Enter the name, mailing address, city, state, ZIP 
Code, telephone number, and fax number of the 
first mortgagee. Enter the loan number.

HH.	Second Mortgagee or Other

9.	Identify additional mortgagees by checking 
the appropriate box and entering the loan 
number, mortgagee's name, mailing ad-
dress, telephone number, and fax number.

10.	If more than one additional mortgagee or 
disaster assistance agency exists, provide 
the requested information on the producer's 
letterhead.

II.	Property Location

11.	Check YES if the location of the property 
being insured is the same as the address 
entered in the "Insured's Mailing Address" 
section. Leave the rest of this section blank 
unless there is more than one building at 
the property location.

12.	If more than one building is at the location 
of the insured property, use this section to 
specifically identify the building to be 
insured. Briefly describe the building or 
submit a sketch showing the location of 
insured buildings to assist the NFIP in 
matching the policy number to the specific 
building insured.

13.	If NO, provide the address or location of the 
property to be insured.

14.	If the insured's mailing address is a post 
office box or rural route number, give the 
street address, legal description, or 
geographic location of the property.

JJ.	Community

15.	Enter the name of the county or parish 
where the property is located.

16.	Check YES if the property is located in an 
unincorporated area of a county; otherwise, 
check NO.

17.	Enter the community identification number, 
map panel number, and revision suffix for 
the community where the property is 
located. Community number and status 
may be obtained by calling the writing 
company, consulting a local community 
official, or referencing the NFIP Community 
Status Book online at
www.fema.gov/fema/csb.shtm.

18.	Enter the Flood Insurance Rate Map zone.

KK.	Building and Contents

Complete all required information in this section.

19.	Check building occupancy: Single Family, 
2-4 Family, Other Residential, or Non-
Residential (incl. Hotel/Motel).

Enter date of construction.

Check building type. If the building has a 
basement or enclosure, count the base-ment or 
enclosure as a floor. If the building type is a 
manufactured (mobile) home/ travel trailer on 
foundation, enter the make, model, and serial 
number in the block at the bottom of this section.
4.	Check the "Y" box (YES) or the "N" box 
(NO) for "CONDO UNIT" and "TOWN-
HOUSE/ROWHOUSE CONDO UNIT."

5.	Check location of building's contents. 
(Contents located entirely in a basement 
are not eligible for contents-only coverage.)

Check YES if the building is the insured's 
principal residence; otherwise, check NO.


7.	Using normal company practice, estimate 
the replacement cost value and enter the 
value in the space provided. Include the 
cost of the building foundation when 
determining the replacement cost value.

LL.	Notice

If the answer to either question A or question B 
is YES, this risk is not eligible for the Preferred 
Risk Policy

MM.	Premium

6.	Enter the coverage selected, and the 
premium, from the appropriate table on the 
back of the application form.

7.	Add the $50.00 Probation Surcharge, if 
applicable. Deduct $1.00 if this is an 
application for a townhouse/rowhouse 
condominium unit.

NN.	Signature

The producer must sign the Preferred Risk 
Policy Application and is responsible for the 
completeness and accuracy of the information 
provided on it. Enter the date of application 
(month/day/year). The waiting period is added to 
this date to determine the policy effective date of 
the policy listed in the Policy Term section.  A 
check or money order for the Total Prepaid 
Amount, payable to the NFIP, must accompany 
the application.

A credit card payment by VISA, MasterCard, 
Diner's Club, or American Express will also be 
acceptable if a disclaimer form, signed by the 
insured, is submitted with the Preferred Risk 
Policy Application. The disclaimer will state that 
cancellation of a policy due to a billing dispute 
will be permitted only for a billing error or fraud. 
If the credit card information is taken over the 
telephone by the producer, the producer may 
sign the authorization form on behalf of the 
payor only after having read the disclaimer to 
the payor.














INDEX





	A

ABOVE GROUND BUILDING, PRINCIPALLY	GR 2, DEF 7
ACT	REF 1, GR 6, DEF 1
ACTUAL CASH VALUE (ACV)	DEF 1
ADDITIONS AND EXTENSIONS
  (TO BUILDING)	GR 4, RATE 16
ADJUSTER CONTROL OFFICE	CL 1, DEF 1
ALTERNATIVE RATES	RATE 21, END 2
ANCHORED	GR 2-3, DEF 1
APPLICATION	GR 11, APP 1-11,
	CONDO 8-9, PRP 4-7, DEF 1
	Binders	GR 7, DEF 1
	Flood Insurance Application Form 	APP 9-11
	Incomplete/Incorrect Applications	APP 8
	Mailing Instructions	GR 7, 11, APP 8
APPURTENANT STRUCTURE	GR 2, DEF 1
ASSESSMENT COVERAGE	CONDO 7
ASSIGNMENT OF POLICY	GR 11, MPPP 6, DEF 1

	B

BASE FLOOD	DEF 1
BASE FLOOD DEPTH	RATE  18, DEF 1
BASE FLOOD ELEVATION (BFE)	RATE  17-21,
	MAP 2, 3, DEF 1
BASEMENT	APP 1, 3, RATE 24, CERT 3, 4-5, DEF 1
BINDER	GR 7, DEF 1
BLANKET INSURANCE	DEF 1
BOATHOUSES	GR 3
BREAKAWAY WALLS	GR 4, RATE 20, DEF 1
BUILDING	GR 2-5, 6-7, APP 3-4, DEF 1
	Additions and Extensions 	GR 4, RATE 16
	Building Coverage Limits	RATE 1
	Building in the Course of Construction	GR 4,
		APP 5, DEF 2
	Buildings In More Than One Flood Zone	GR 10,
		RATE 17
	Building on Fill	PR 2
	Building Over Water	GR 3, 6
	Building Partially Underground	GR 6
	Container-Type Building	GR 6
	Contents	GR 5, 6, 7, APP 4, RATE 1, 25-28
	Elevated Building	APP 1, 3, 4, 5, 6, 7,
		RATE 19-21, DEF 3
	Floodproofed Building	RATE 30-31,CERT 3-8, DEF 4
	Manufactured (Mobile) Home/Travel Trailer	GR 2-3,
		APP 1, 4, 5, 7, RATE 15, 16, PR 1, DEF 3, 5, 9
	Section 1316	GR 6, DEF 8
	Single Building	GR 4, DEF 8
	Start of Construction	RATE 15-16, DEF 9
	Substantial Improvement	APP 5, RATE 15-16, DEF 9
	Types of Buildings	APP 1, 3-7, CONDO 6, 8
BUILDING DIAGRAMS 1-8	LFG 4-7, CERT 18-19
BUILDING DRAWINGS	LFG 8-59
BUILDING OCCUPANCY	GR 4-5

	C

CANCELLATION/NULLIFICATION	CONDO 8, PRP 2,
	MPPP 6, CN 1-10, DEF 2, 6
	Cancellation/Nullification Request Form	CN 9-10
	Form Completion	CN 6-7
	Reason Codes for Cancellation/Nullification	CN 1-6
	Refunds	CN 1-6, 7
CERTIFICATIONS	CERT 1-19
CISTERNS	GR 3, 5, DEF 2
CLAIMS	CL 1-2
	Increased Cost of Compliance (ICC) Claims	CL 2
	Insured's Responsibilities	CL 1
	Producer's Responsibilities	CL 1, 2
	Single Adjuster Program	CL 1-2, DEF 8
	Training	CL 2
CLAIMS COORDINATING OFFICE (CCO)	CL 1-2, DEF 2
CLOSED BASIN LAKE	CN 6, DEF 2
COASTAL BARRIER	DEF 2
COASTAL BARRIER RESOURCES
  SYSTEM (CBRS)	CBRS 1-12, DEF 2
	Coastal Barrier Improvement Act 
	   of 1990 (CBIA)	CBRS 1, DEF 2
	Coastal Barrier Resources Act
		of 1982 (CBRA)	GR 1, CBRS 1, DEF 2
	 List of CBRS Communities	CBRS 3-12
COASTAL HIGH HAZARD AREA	RATE 29-30, DEF 2
COINSURANCE	CONDO 7, DEF 2
COMMERCIAL CONTENTS	GR 5, CONDO 2
COMMISSION, PRODUCER'S	GR 11, CONDO 7, CN 8
COMMON INTERIOR WALLS	GR 4
COMMUNITY (See also PROBATION and
  SUSPENSION)	GR 1, APP 2-3, DEF 2
	Community Eligibility	GR 1
	Community Number	APP 3, DEF 2
	Community Status	APP 3
	Non-Participating Community	GR 1, APP 3
	Participating Community	GR 1, DEF 7
	Regular Program Community	DEF 8
COMMUNITY RATING SYSTEM (CRS)	CRS 1-28, DEF 2
CONDOMINIUM ASSOCIATION	CONDO 1-2, DEF 2
CONDOMINIUMS	CONDO 1-31, DEF 2
CONTACT INFORMATION, NFIP	REF 3-6
CONTENTS	GR 5, 6, 7, APP 4, RATE 1, 25-28
CONSTRUCTION DATA	APP 4-6
CONTINUOUS LAKE FLOODING	CN 6
COOPERATIVES	GR 5
COUNTYWIDE MAP	MAP 1, DEF 3
COURSE OF CONSTRUCTION	GR 4, APP 5,
DEF 2
COVERAGE	GR 9-10, RATE 1-10, CONDO 6-7, 8-9,
PRP 3, MPPP 3-4, END 1
	Additional Coverage or Increase in Coverage	END 1
	Amount of Insurance Available	RATE 1
	Building Coverage	GR 2-5, 6-7, RATE 1,
	CONDO 8, PRP 3
	Contents Coverage	GR 5, 6, 7, APP 4, RATE 1,
	CONDO 9, PRP 3
	Contents-Only Coverage	RATE 55, PRP 1, 2, 3
	Limits of Coverage	GR 9-10, RATE 1,
CONDO 6-7, 8-9, PRP 3, MPPP 3-4
	Reduction or Reformation/Removal
	   of Insurance	GR 10, END 1, MPPP 5, PR 1
CRAWL SPACE	RATE 24, CERT 2, LFG 1
CREDIT CARD PAYMENT	APP 6, 7, REN 1, 8, MAP 4
CREDIT CARD PAYMENT FORM	REN 1, 8

	D

DATE OF CONSTRUCTION	APP 4-5, RATE 15
	DEF 3
DECLARATIONS PAGE	MPPP 4-5, DEF 3
DEDUCTIBLE BUYBACK	RATE 12, DEF 3
DEDUCTIBLE FACTORS	RATE 13, CONDO 22
DEDUCTIBLES	GR 9, APP 4,  RATE 12, 13, 17,
	CONDO 7, 22, PRP 2, MPPP 5, END 2
DEFINITIONS	DEF 1-10
DESCRIBED LOCATION	DEF 3
DIAGRAM NUMBER	DEF 3
DIRECT PHYSICAL LOSS BY OR FROM FLOOD	DEF 3
DIRECT PROGRAM	REF 2, 3, GR 11,
	APP 8, CONDO 7
DISASTER ASSISTANCE	GR 2, APP 2, PRP 4
DOUBLEWIDE MANUFACTURED (MOBILE)
  HOME	APP 1, DEF 3
DUPLICATE POLICIES	CN 2, 5
DWELLING 	DEF 3
DWELLING FORM (See also STANDARD FLOOD
  INSURANCE POLICY)	GR 1, CONDO 8, POL 1, 2-21

	E

EFFECTIVE DATE	GR 7-9, PRP 1, REN 2
ELEVATED BUILDING (See also LOWEST FLOOR GUIDE)	
	APP 1, 3, 4, 5, 6, 7, RATE 19-21, DEF 3
ELEVATION CERTIFICATE	APP 5-6, LFG 1, 3-7,
	CERT 1-3, 9-19
ELEVATION DIFFERENCE	RATE 17-19, 30
ELIGIBLE BUILDINGS	GR 2-5, CONDO 6
ELIGIBLE COMMUNITY (See PARTICIPATING
  COMMUNITY)
ELIGIBLE CONTENTS	GR 5, 6
EMERGENCY PROGRAM	GR 1, RATE 1, DEF 3
ENCLOSED AREA	APP 3, LFG 1-2
ENCLOSURE/ENCLOSED AREA (See also LOWEST
  FLOOR GUIDE)	APP 1, 3, RATE 19-20,
LFG 1-2, 3, 5, 7, DEF 3
ENDORSEMENT	GR 9, CONDO 8,
PRP 2, MPPP 6, END 1-14, PR 1
	Endorsement Processing Prior to Policy Renewal	END 3
	Endorsement Rules: Changing Deductibles	END 2
	Endorsement Rules: Conversion of Standard Rated
	  Policy to PRP Due to Misrating or Map Revision	END 2
	Endorsement Rules: Correcting Property Address	END 2
	Endorsement Rules: Coverage Endorsements	END 1
	Endorsement Rules: Misrated Policy	END 2
	Endorsement Rules: Rating Endorsements	END 1-2
	Endorsements During Renewal Cycle	REN 2
	General Change Endorsement Form	END 13-14
	Preparation of Form	END 3-4
	Rating Examples	END 5-12
	Refund Processing	END 3-4
EQUIPMENT (See MACHINERY AND EQUIPMENT)
EROSION	DEF 3
ERRORS, RATING	END 1-2
EVIDENCE OF INSURANCE	GR 7
EXPENSE CONSTANT	DEF 3

	F

FEDERAL LAND	GR 1
FEDERAL POLICY FEE	RATE 12, 17,
	CONDO 7, MPPP 5, DEF 3
FEMA	REF 1, RATE 21, 30, CL 1, 2, RL 1,
	DEF 1, 2, 3, 4, 5, 6, 7, 9, 10
FHBM (See FLOOD HAZARD BOUNDARY MAP)
FICO (See FLOOD INSURANCE CLAIMS OFFICE)
FINANCIAL ASSISTANCE/SUBSIDY 
  ARRANGEMENT	MPPP 2, 6, DEF 3
FINISHED (HABITABLE) AREA	DEF 3
FINISHED BASEMENT	APP 1
FIRM (See FLOOD INSURANCE RATE MAP)
FIRM ZONES	MAP 2
FLOOD	DEF 3-4
FLOOD DISASTER PROTECTION
  ACT OF 1973	MPPP 1, 3
FLOOD HAZARD BOUNDARY MAP (FHBM)	GR 1,
	MAP 1, 2, 4-5, 7, DEF 4
FLOOD INSURANCE CLAIMS OFFICE (FICO)	CL 1,
	DEF 4
FLOOD INSURANCE RATE MAP (FIRM)	GR 1,
	CERT 2, MAP 1, 3, 4-5, 6, DEF 4
FLOOD MAP "GRANDFATHERING"	RATE 21-23,
	PRP 1, DEF 4
FLOOD MAPS	GR 1, MAP 1-7
	Changing or Correcting a Flood Map	MAP 3
	Countywide Map	MAP 1, DEF 3
	FEMA Map Assistance Center	MAP 3
	FEMA Map Service Center	REF 4, MAP 4, 5
	"FIRMettes"	MAP 4
	Letter of Map Amendment (LOMA) 	MAP 3, DEF 5
	Letter of Map Revision (LOMR) 	MAP 3 DEF 5
	Locating a Specific Property	MAP 2-3
	Map "Grandfather" Rules	RATE 21-23, PRP 1, DEF 4
	Map Panel Number 	MAP 1
	Map Revision	PRP 2, 3, END 2, MAP 3, 4, DEF 6
	Map Zones (Flood Zones) 	MAP 2
	Ordering Information and Prices	MAP 4, 5
	Physical Map Revision		MAP 3
FLOOD VENTS (See PROPER OPENINGS)
FLOOD RESPONSE OFFICE (FRO)	DEF 4
FLOODPLAIN	DEF 4
FLOODPLAIN MANAGEMENT	DEF 4
FLOODPROOFING	APP 6, RATE 30-31, CERT 3-8, DEF 4
FLOODPROOFING CERTIFICATE FOR
  NON-RESIDENTIAL STRUCTURES	CERT 7-8
FLOODPROOFING CERTIFICATE,
  RESIDENTIAL BASEMENT	CERT 5-6
FORCED PLACEMENT (MANDATORY PURCHASE)	
	GR 2, MPPP 2, CN 2, DEF 5
FREEBOARD	DEF 4

G

GARAGES	GR 2, LFG 1
GENERAL CHANGE ENDORSEMENT
  (See ENDORSEMENT)
GENERAL PROPERTY FORM (See also STANDARD
  FLOOD INSURANCE POLICY)	GR 1, POL 1, 22-40
GENERAL RULES	GR 1-11
GRADE ELEVATION	DEF 4
"GRANDFATHERING" (See FLOOD MAP
  "GRANDFATHERING") 
GROUP FLOOD INSURANCE 	GR 2, DEF 4

	H

HABITABLE AREA (See FINISHED AREA)
HISTORIC BUILDING	RATE 15, DEF 4-5
HIGH-RISE BUILDING	CONDO 6, DEF 4
HOMELAND SECURITY, U.S. DEPARTMENT OF	REF 1, DEF 3

I

ICC (See INCREASED COST OF COMPLIANCE)
INCIDENTAL OCCUPANCY	GR 5
INCREASED COST OF COMPLIANCE (ICC) COVERAGE	 
	GR 9-10, RATE 14, 17, CONDO 21, MPPP 1, CL 2, DEF 5
INELIGIBLE COMMUNITY (See NON-PARTICIPATING 
  COMMUNITY)
INELIGIBLE PROPERTY	GR 6-7
INFLATION FACTOR	GR 9, REN 1
INSECT SCREENING (BELOW LOWEST ELEVATED 
FLOOR)	RATE 7, 20, CONDO 19

	L

LAPSE IN COVERAGE	REN 1-2
LATTICE (BELOW LOWEST ELEVATED FLOOR)	
	RATE 7, 20, 46, CONDO 19
LETTER OF DETERMINATION REVIEW (LODR)	
	CN 5, DEF 5
LETTER OF MAP AMENDMENT 
  (LOMA)	PRP 2, END 2, CN 1, 5-6, MAP 3, DEF 5
LETTER OF MAP REVISION 
  (LOMR)	PRP 2, END 2, CN 1, 5-6, MAP 3, DEF 5
LOSS HISTORY	PRP 1, RL 1
LOSS IN PROGRESS	DEF 5
LOWEST ADJACENT GRADE	DEF 5
LOWEST FLOOR	APP 6, RATE 17-21, LFG 1-59, DEF 5
	Building Diagrams 1-8	LFG 4-7, CERT 18-19
	Building Drawings 	LFG 8-59
	Lowest Floor Determination	LFG 1-7
	Lowest Floor Elevation	APP 6, RATE 17-21, DEF 5
LOWEST FLOOR GUIDE	LFG 1-59
LOW-RISE BUILDING 	CONDO 6, DEF 5

	M

MACHINERY AND EQUIPMENT	RATE 19-20,
	LFG 1, 2, CERT 2
MANDATORY PURCHASE (FORCED PLACEMENT)	 
	GR 2, MPPP 2, CN 2, DEF 5
MANUFACTURED (MOBILE) HOMES/
  TRAVEL TRAILERS	GR 2-3, APP 1, 4, 7, PR 1,
	DEF 3, 5, 9
	Date of Construction	APP 5, RATE 15
	Doublewide	APP 1, DEF 3
MANUFACTURED (MOBILE) HOME PARK OR
  SUBDIVISION	DEF 5- 6
MAP "GRANDFATHERING" (See FLOOD MAP 
	"GRANDFATHERING")
MAPS (See FLOOD MAPS)
MEAN SEA LEVEL (See NATIONAL GEODETIC
  VERTICAL DATUM [NGVD])
MISCELLANEOUS RULES	GR 11
	Application Submission	GR 11
	Assignment of Policy	GR 11
	Commission, Producer's	GR 11
	Delivery of Policy	GR 11
	Policy Term	GR 11
MITIGATION	RL 1
MODULAR BUILDING	DEF 6
MORTGAGE PORTFOLIO PROTECTION
  PROGRAM (MPPP)	GR 2, MPPP 1-6, DEF 6
MORTGAGEE	APP 2, RATE 17, PRP 4, MPPP 1-6
MUDFLOW	DEF 6
MULTI-FAMILY RESIDENCE (DWELLING) (See 
  2-4 FAMILY RESIDENCE [DWELLING])

	N

NATIONAL FLOOD INSURANCE ACT OF 1968 (See ACT)
NATIONAL FLOOD INSURANCE PROGRAM (NFIP)	
	REF 1, DEF 6
NATIONAL GEODETIC VERTICAL DATUM (NGVD)	DEF 6
NATURAL GRADE	DEF 6
NEW CONSTRUCTION	DEF 6
NFIP BUREAU AND STATISTICAL AGENT	REF 2, 5-6,
CL 1, 2, RL 1, DEF 6
NFIP CONTACT INFORMATION	REF 3-6
NFIP SERVICING AGENT	REF 2, 3, RL 1, DEF 6
NFIP SPECIAL DIRECT FACILITY (SDF)	REF 2,
RL 1, DEF 6
NON-PARTICIPATING COMMUNITY	GR 1
NON-PAYMENT	CN 2-3
NON-RESIDENTIAL	GR 5, 7, CONDO 2, PRP 3, DEF 6
NOTICE OF LOSS	CL 1
NULLIFICATION (See CANCELLATION/NULLIFICATION)

	O

OCCUPANCY CLASSIFICATION	GR 4-5, APP 3
OTHER INSURANCE	MPPP 6, CN 2
OTHER RESIDENTIAL	GR 5, DEF 6
OTHERWISE PROTECTED AREAS	CBRS 1-2
OUT-AS-SHOWN DETERMINATION	CN 3, MAP 3, DEF 6-7
OVER WATER	GR 3, 6

	P

PAPERWORK BURDEN DISCLOSURE 
  NOTICE	REF 7, APP 11
PARTICIPATING COMMUNITY	GR 1, DEF 7
PHYSICAL MAP REVISION (PMR)	MAP 3
POLICIES AVAILABLE	GR 1-2
POLICY	DEF 7
POLICY RENEWALS	GR 9, PRP 2, MPPP 5, REN 1-8
	Credit Card Payment Form	REN 1, 8
	Endorsements During Renewal Cycle	REN 2
	Final Notice	REN 2, 3, 6-7
	Insufficient Renewal Information	REN 2
	Renewal Effective Date Determination	REN 2
	Renewal Notice	REN 1, 2, 3, 4-5
	Repetitive Loss Target Group Policies	REN 2, RL 1-5
	Waiting Period	REN 1, 2
POLICY TERM	GR 11, APP 1-2, PRP 4, MPPP 3
POLLUTANTS	DEF 7
PONDING HAZARD	DEF 7
POST-FIRM BUILDING (CONSTRUCTION)	RATE 16,
DEF 7
PRE-FIRM BUILDING (CONSTRUCTION)	RATE 15-16,
	DEF 7
PREFERRED RISK POLICY (PRP)	GR 2,
	PRP 1-7, DEF 7
	Completing PRP Application Form	PRP 4-5
	Conversion of Standard Rated Policy to PRP Due to
	  Misrating or Map Revision	PRP 2, 4
	Coverage Limits	PRP 2
	Coverage/Premium Tables	PRP 3
	Deductibles	PRP 2
	Discounts/Fees/ICC Premium	PRP 2
	Documentation	PRP 2
	Eligibility Requirements	PRP 1, 3
	Endorsements	PRP 2
	General Description	PRP 1
	PRP Form	PRP 6-7
	Renewal	PRP 2
	Replacement Cost Coverage	PRP 2
PREMIUM	RATE 16-17
	Credit Card Payment	APP 6, 7, REN 1, 8
	Credit Card Payment Form	REN 1, 8
	Premium Calculation	RATE 16-17
	Premium Discounts	CRS 1
	Premium Payment	APP 6, 7, RATE 16-17,
CONDO 9, PRP 5, MPPP 4, REN 1-2
	Prepaid Amount (Total)	DEF 7
	Prepaid Premium (Total)	DEF 7
	Presentment of Payment (Premium)	DEF 7
	Refunds	END 1-2, 3-4, CN 1-6
PREPAID AMOUNT (TOTAL) 	DEF 7
PREPAID PREMIUM (TOTAL) 	DEF 7
PRESENTMENT OF PAYMENT (PREMIUM) 	DEF 7
PRINCIPAL RESIDENCE	DEF 7
PRINCIPALLY ABOVE GROUND BUILDING	DEF 7
PROBATION	GR 1, DEF 7
PROBATION SURCHARGE (PREMIUM)	GR 1, RATE 12,
DEF 7
PROGRAM COORDINATOR, WYO	REF 2
PROOF OF INSURANCE	GR 7
PROOF OF LOSS	CL 1
PROPER OPENINGS (FLOOD VENTS)	
	LFG 1, 2, 3, 5, 7, DEF 7
PROPERTY LOCATION	APP 2-3, PRP 4-5, END 3
PROPERTY REMOVED TO SAFETY EXPENSE	DEF 7
PROVISIONAL RATING	GR 10, PR 1-5, DEF 7
	Completing the Provisional Rating Questionnaire:
	  General Directions	PR 2
	Completing the Provisional Rating Questionnaire:
	  Guidance for Determining Building Elevated on Fill	PR 2
	Eligibility Requirements	PR 1
	General Description	PR 1
	Notification Requirements	PR 1
	Provisional Rating Example	PR 4
	Provisional Rating Questionnaire	PR 3
	Reformation: Endorsement Procedure	PR 1
	Reformation: Endorsement Alternative	PR 1
	Reformation: Limitations	PR 1
	Sample Notice to Accompany
	  Provisionally Rated Policies	PR 5

R

RATE TABLES	RATE 1-14, 32, CONDO 10-22,
	PRP 3, MPPP 1, PR 3, CRS 1
RATING	GR 10, RATE 1-61, CONDO 1-31,
CERT 3, END 1-2
	Alternative Rates	RATE 21, END 2
	Amount of Insurance Available	RATE 1
	AR, AR Dual Zones	RATE 19
	Buildings in More Than One Flood Zone	GR 10,
RATE 17
	Condominiums	CONDO 1-31
	Contents Location	RATE 25-28
	Crawl Space	RATE 24
	Deductibles	RATE 12, 13, CONDO 7
	Effect of Map Revisions on Rates	RATE 21-23
	Elevation Difference	RATE 17-19
	FIRMs with Wave Heights	RATE 29-30
	Flood Map "Grandfathering"	RATE 21-23, PRP 1, DEF 4
	Floodproofed Buildings	RATE 30-31
	Key Points for Rating	RATE 17
	Optional Elevation Rating 	RATE 19
	Premium Calculation	RATE 16-17
	Provisional Rates	GR 10, PR 1-5, DEF 7
	Rate Reduction	END 1
	Rate Tables	RATE 1-14, 32, CONDO 10-22, PRP 3,
MPPP 1, PR 3, CRS 1
	Rating Error	END 1-2
	Rating Examples	RATE 17-19, 22-23, 29, 47-61,
CONDO 23-31, END 5-12, PR 4
	Rating Steps	RATE 15-16
	Re-Rating	RATE 23
	Submit-for-Rate	GR 10, RATE 23-24, DEF 9
	Tentative Rates	GR 10, RATE 21, CONDO 7, DEF 9
	V-Zone Optional Rating	RATE 23
	V-Zone Risk Factor Rating Form	RATE 31-46
RCBAP (See RESIDENTIAL CONDOMINIUM BUILDING
  ASSOCIATION POLICY)
RECREATIONAL VEHICLE	DEF 1
REFORMATION	GR 10, MPPP 5, PR 1
REFUNDS	END 1-2, 3-4, CN 1-6
REGIONAL OFFICES, NFIP	REF 5-6
REGULAR PROGRAM	GR 1, RATE 1, DEF 8
RENEWALS (See POLICY RENEWALS)
REPETITIVE LOSS	GR 4, 10, REN 2, RL 1-5, DEF 8
REPETITIVE LOSS TARGET GROUP	RL 1, DEF 8
REPLACEMENT COST	APP 4, RATE 20-21, 30,
	CONDO 7, 8, PRP 2, 5, DEF 8
RESIDENTIAL	GR 4-5, CONDO 1-2, PRP 3
RESIDENTIAL BASEMENT FLOODPROOFING
  CERTIFICATE	CERT 5-6
RESIDENTIAL CONDOMINIUM BUILDING	CONDO 1-2,
DEF 8
RESIDENTIAL CONDOMINIUM BUILDING ASSOCIATION
  POLICY (RCBAP) (See also STANDARD FLOOD
  INSURANCE POLICY) 	GR 1, 2, APP 4, CONDO 1-31,
POL 1, 42-61
	Application Form	CONDO 8-9
	Assessment Coverage	CONDO 7
	Building Type	CONDO 6, 8
	Cancellation or Endorsement of Existing 
	  Unit Owners' Dwelling Policies	CONDO 8
	Coinsurance	CONDO 7
	Commission, Producer's	CONDO 7
	Coverage, Building	CONDO 8
	Coverage, Contents	CONDO 9
	Coverage Limits	CONDO 6-7, 8-9
	Deductibles	CONDO 7, 22
	Determining Rates and Fees	CONDO 9
	Eligibility Requirements	CONDO 6
	Federal Policy Fee	CONDO 7
	Property Covered	CONDO 6
	Rate Tables	CONDO 10-22
	Rating Examples	CONDO 23-31
	Replacement Cost	CONDO 7, 8
	Tentative Rates and Scheduled Buildings	CONDO 7
ROWHOUSES/TOWNHOUSES	CONDO 6, PRP 2

	S

SCHEDULED BUILDING POLICY	GR 2, APP 1,
CONDO 7, DEF 8
SCREENING, INSECT (BELOW LOWEST ELEVATED
	FLOOR)	RATE 7, 20, CONDO 19
SECTION 1316	GR 6, DEF 8
SEPARATE BUILDING (See SINGLE BUILDING)
SFIP (See STANDARD FLOOD INSURANCE POLICY)
SHEAR WALLS	GR 4, DEF 8
SHEET FLOW HAZARD	DEF 8
SILOS	GR 3, 5
SINGLE ADJUSTER PROGRAM	CL 1-2, DEF 8
SINGLE BUILDING	GR 4, DEF 8
SINGLE-FAMILY RESIDENCE  (DWELLING)	GR 4-5,
	DEF 8
SLATS OR SHUTTERS (BELOW LOWEST ELEVATED 
	FLOOR)	RATE 7, 20, CONDO 19
SOLID PERIMETER FOUNDATION WALLS	GR 4,
RATE 20, DEF 8
SPECIAL CERTIFICATIONS	CERT 1-19
SPECIAL DIRECT FACILITY (See NFIP SPECIAL
  DIRECT FACILITY)
SPECIAL FLOOD HAZARD AREA (SFHA)	MAP 2, DEF 8
SPECIAL RATING SITUATIONS	GR 10, RATE 21-24
	Alternative Rates	RATE 21
	Buildings in More Than One 
	  Flood Zone	GR 10, RATE 17
	Crawl Space	RATE 24
	Map "Grandfather" Rules: Effect of Map Revisions
	  on Rates	RATE 21-23
	Policies Requiring Re-Rating	RATE 23
	Post-'81 V Zone Optional Rating	RATE 23
	Provisional Rates	GR 10, DEF 7
	Submit-for-Rate	GR 10, RATE 23-24, DEF 9
	Tentative Rates	GR 10, RATE 21, CONDO 7, DEF 9
STANDARD FLOOD INSURANCE POLICY (SFIP)	GR 1-2,
POL 1-61, DEF 8-9
	Agreement	POL 3, 23, 43
	Claim Guidelines in Case of a Flood	POL 21, 40, 61
	Coinsurance	POL 52
	Deductibles	POL 12, 32, 51-52
	Definitions	POL 3-5, 23-25, 43-45
	Dwelling Form	POL 2-21, DEF 8
	Exclusions	POL 11-12, 31-32, 50-51
	General Conditions	POL 12-20, 32-38, 53-59
	General Property Form	POL 22-40, DEF 8
	Liberalization Clause	POL 20, 39, 60
	Property Covered	POL 5-10, 25-30, 45-50
	Property Not Covered	POL 10-11, 30-31, 50
	Residential Condominium Building Association
	  Policy	POL 42-61, DEF 8-9
	Summary of Significant Changes, December 2000	
		POL 2, 22, 42
	What Law Governs	POL 20, 39, 60
START OF CONSTRUCTION	DEF 9
STOCK	DEF 9
SUBMIT-FOR-RATE	GR 10, RATE 23-24, DEF 9
SUBSTANTIAL DAMAGE	GR 9-10, RATE 16, DEF 9
SUBSTANTIAL IMPROVEMENT	APP 5,
	RATE 15-16, DEF 9
SUSPENSION	GR 1, DEF 9

	T

TECHNICAL ASSISTANCE	REF 2
TELEPHONE NUMBERS	REF 3-6
TENTATIVE RATES	GR 10, RATE 21, CONDO 7, DEF 9
TIMESHARES	GR 5
TOWNHOUSES/ROWHOUSES	CONDO 6, PRP 2
TRANSFER OF TITLE	GR 11
TRAVEL TRAILERS (See MANUFACTURED [MOBILE]
  HOMES/TRAVEL TRAILERS)
2-4 FAMILY RESIDENCE (DWELLING)	GR 5, DEF 9

U

UNDERGROUND BUILDING	DEF 9
UNFINISHED AREA	DEF 9
UNFINISHED BASEMENT	APP 1
UNIT	DEF 9

	V

VALUED POLICY	DEF 9
VARIANCE	DEF 9
VEHICLES AND EQUIPMENT	GR 5
V-ZONE OPTIONAL RATING	RATE 23
V-ZONE RISK FACTOR RATING FORM	RATE 31-46
	W

WAITING PERIOD	GR 7-9, MPPP 4, REN 1, 2,
PR 1, DEF 10
WALLED AND ROOFED	GR 2, DEF 10
WALLS	GR 4, RATE 20, LFG 2, 3, DEF 8
	Breakaway Walls	GR 4, RATE 20, LFG 2, 3, DEF 1
	Common Interior Walls	GR 4
	Shear Walls	GR 4, DEF 8
	Solid Perimeter Foundation Walls	GR 4, RATE 20,
	LFG 7, DEF 8
WAVE HEIGHT	APP 6, RATE 29-30, DEF 10
	Calculating Wave Height Adjustment	RATE 29, DEF 10
WHOLE DOLLAR PREMIUM	RATE 17
WIND LOSSES	CL 1-2
WRITE YOUR OWN (WYO) PROGRAM	REF 1-2, DEF 10

	Z

ZONE (See also Map Zones under FLOOD MAPS)	MAP 2,
DEF 10







1When there is a mixture of residential and commercial usage within a single building, please refer to the GR Section of the Flood Insurance Manual.
2In determining the contents indicator for "other than household contents," please refer to the RATE Section of the Flood Insurance Manual.
3All building rates are based on the lowest floor of the building.
4RCBAP must be used to insure residential condominium buildings owned by the association that are in a Regular Program community and in which at least 75% of the total floor area within the building is 
residential.  Use General Property Form if ineligible under RCBAP.
5Replacement Cost if the RC eligibility requirements are met (building only).
1When there is a mixture of residential and commercial usage within a single building, please refer to the GR Section of the Flood Insurance Manual.
2In determining the contents indicator for "other than household contents," please refer to the RATE Section of the Flood Insurance Manual.
3All building rates are based on the lowest floor of the building.
4RCBAP must be used to insure residential condominium buildings owned by the association that are in a Regular Program community and in which at least 75% of the total floor area within the building is 
residential.  Use General Property Form if ineligible under RCBAP.
5Replacement Cost if the RC eligibility requirements are met (building only).
6Enclosure, even if it is the lowest floor for rating, cannot be counted as a floor for the purpose of classifying the building as a high rise.
	U.S. Department of Homeland Security
	500 C Street SW
	Washington, D.C. 20472





www.fema.gov

TABLE OF CONTENTS


SECTION				PAGE


	2	May 1, 2005
TABLE OF CONTENTS (Continued)


SECTION				PAGE


	v	May 1, 2005

	vii	May 1, 2005

	ix	May 1, 2005

	x	May 1, 2005
LIST OF TABLES


SECTION/TABLE			PAGE


	vi	May 1, 2005
LIST OF ILLUSTRATIONS)


SECTION/ILLUSTRATION		PAGE


	vii	May 1, 2005
	GR 1	May 1, 2005

ICC Coverage effective June 1, 1997	GR 17	October 1, 1997

	GR 16	May 1, 2005
ICC Coverage effective June 1, 1997	GR 19	October 1, 1997
	GR 18	May 1, 2005
	GR 23	May 1, 2005
	GR 29	May 1, 2005
	          APP 7	May 1, 2005
	          APP 9	May 1, 2005
	          APP 11	May 1, 2005
	RATE 15			May 1, 2005
ICC Coverage effective June 1, 1997	RATE 2	May 1, 
1998
		RATE 16	May 1, 2005
		RATE 18	May 1, 
2005

		RATE 20	May 1, 
2005
		RATE 21	May 1, 
2005

	RATE 23	May 1, 2005

	RATE 25		May 1, 2005
	RATE 27		May 1, 2005
	RATE 29	May 1, 2005
	RATE 31	May 1, 2005

	RATE 32 		May 1, 2005
	RATE 33	December 31, 
2000
ICC Coverage effective June 1, 1997	RATE 8	May 1, 
1998
	RATE 34		May 1, 2005
ICC Coverage effective June 1, 1997	RATE 35	May 1, 
1998
ICC Coverage effective June 1, 1997	RATE 13	May 1, 
1998
	RATE 37	       	May 1, 2005
	RATE 39	May 1, 2005
	RATE 41			May 1, 
2005
	RATE 43			May 1, 2005
	RATE 49		May 1, 2005
	RATE 51		May 1, 2005
	RATE 53		May 1, 
2005
	RATE 55		May 1, 
2005
	RATE 57		May 1, 
2005
	RATE 59		May 1, 
2005




	RATE 27	May 1, 2005

ICC Coverage effective June 1, 1997	RATE 36	October 1, 1997
	RATE 26		May 1, 2005
	RATE 29		May 1, 2005
	RATE 31		May 1, 
2005
	RATE 33	May 1, 
2005
	RATE 34		May 1, 2005
	RATE 49	May 1, 2005
	RATE 47	May 1, 2005
	RATE 48	May 1, 2005
	RATE 49	May 1, 2005
	RATE 50	May 1, 2005
	RATE 51	May 1, 2005
	RATE 52	May 1, 2005
	RATE 53	May 1, 2005
	RATE 54	May 1, 2005
	RATE 55	May 1, 2005
	RATE 56	May 1, 2005
	RATE 57	May 1, 2005

	RATE 58	May 1, 2005

	RATE 59	May 1, 2005

	RATE 60	May 1, 2005

	RATE 61	May 1, 2005
	CONDO 60	May 1, 2005
	CONDO 61	May 1, 2005


	CONDO 6	May 1, 2005
	CONDO 7	May 1, 2005

	CONDO 7	May 1, 2005
	CONDO 8	May 1, 2005
	CONDO 9	May 1, 2005

	CONDO 78	May 1, 2004
	CONDO 10	May 1, 2005

	CONDO 12	May 1, 2005

	CONDO 13	May 1, 2005

	CONDO 14	May 1, 2005

	CONDO 15	May 1, 2005

	CONDO 15	May 1, 2005

	CONDO 16	May 1, 2005

	CONDO 18	May 1, 2005

	CONDO 20	May 1, 2005

	CONDO 20	May 1, 2005

	CONDO 21	May 1, 2005

	CONDO 21	May 1, 2005

ICC Coverage effective June 1, 1997	CONDO 18	May 1, 1998

	CONDO 23	May 1, 2005

	CONDO 24	May 1, 2005

	CONDO 25	May 1, 2005

	CONDO 29	May 1, 2005

	CONDO 31	May 1, 2005

	CONDO 29	May 1, 2005

	CONDO 34	May 1, 2005

	PRP 35	May 1, 2005

	PRP 36	October 1, 2004

	PRP 38	May 1, 2005

	PRP 40	May 1, 2005

	PRP 43	May 1, 2005


	PRP 44	May 1, 2005

	IND 54	May 1, 2005