FEMA Rolls Out New Flood Insurance Rate System
https://www.investopedia.com/fema-rolls-out-new-flood-insurance-rate-system-5205091
FEMA manages the National Flood Insurance Program through a network of about 60 insurance companies and NFIP Direct. For existing flood insurance policies, the changes won't kick in for renewals until April 1, 2022, with annual increases capped at 18% by law until they reach the full rate—generally over a 10- to 15-year glide path. Existing policyh...
FEMA manages the National Flood Insurance Program through a network of about 60 insurance companies and NFIP Direct. For existing flood insurance policies, the changes won't kick in for renewals until April 1, 2022, with annual increases capped at 18% by law until they reach the full rate—generally over a 10- to 15-year glide path. Existing policyh...
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