However, if a lending institution is requiring the insurance to meet mandatory flood insurance purchase requirements, the property owner and lender may jointly request that FEMA review the lending institutions determination. This request must be submitted within 45 days of the date that the lending institution notified the property owner that the building or manufactured home is in the SFHA and flood insurance is required. The LODR does not result in an amendment or revision to the NFIP map. It is only a finding as to whether the building or manufactured home is in the SFHA shown on the NFIP map. The LODR remains in effect until the NFIP map panel affecting the subject building or manufactured home is revised.
Forms contain complete definitions of the coverage they provide.
Also covered are losses resulting from flood-related erosion caused by waves or currents of water activity exceeding anticipated cyclical levels, or caused by severe storm, flash flood, abnormal tidal surge, or the like, which result in flooding, as defined. NFIP coverage is available only in participating communities. FEMA publishes maps indicating a community's flood hazard areas and degree of risk in those areas. Flood insurance maps usually are on file in local governmental offices within the community, such as the planning and zoning, engineering, or clerks office. Delivery is usually within 2 to 4 weeks.