FEMA's Risk Rating 2.0
Posted on: August 31, 2021 - 12:38pm
With hurricane season well underway, now is the time to consider getting flood insurance - especially when an inch of water in your home is enough to cause over $25,000 worth of damage. However, it's even more crucial as the Federal Emergency Management Agency (FEMA) prepares to launch a new method of rating the flood risk of a property, called Risk Rating 2.0 (RR2.0), which will have a direct impact on your flood insurance premiums.
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here_is_the_scoop_on_risk_rating_2.0.pdf | 128.54 KB |