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  2. Flood insurance rate map - Wikipedia

    en.wikipedia.org/wiki/Flood_Insurance_Rate_Map

    The term 100-year flood indicates that the area has a one-percent chance of flooding in any given year, not that a flood will occur every 100 years. [ 2 ] Such maps are used in town planning , in the insurance industry, and by individuals who want to avoid moving into a home at risk of flooding or to know how to protect their property.

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

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

    Understanding this rating system might help you understand your flood insurance rates and determine whether flood insurance through the National Flood Insurance Program (NFIP) or a private insurer ...

  4. National Flood Insurance Program - Wikipedia

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

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

  5. Senate committee hears about rising flood insurance prices ...

    www.aol.com/senate-committee-hears-rising-flood...

    "There's some dramatic impacts I would like to talk about," Hecht said. "On average, under Risk Rating 2.0, an average NFIP policy will be $1,808, which is a 104% increase over legacy rates and ...

  6. Flood insurance - Wikipedia

    en.wikipedia.org/wiki/Flood_insurance

    Flood insurance is the specific insurance coverage issued against property loss from flooding. To determine risk factors for specific properties, insurers will often refer to topographical maps that denote lowlands , floodplains and other areas that are susceptible to flooding.

  7. FEMA will unveil proposed new county floodplain maps Thursday

    www.aol.com/fema-unveil-proposed-county...

    FEMA and mortgage lenders use these flood maps to help determine flood insurance rates. There are only a few floodplain areas in Branch County, and Hard is unsure of the numbers. "Most of the ...

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