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

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

    The average annual cost of flood insurance from the NFIP was $700 per year, but under the new system policyholders pay on average $800. Risk Rating 2.0 considers a host of variables that weren’t ...

  3. Replacement value - Wikipedia

    en.wikipedia.org/wiki/Replacement_value

    The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. [1] In the insurance industry, "replacement cost" or "replacement cost value" is one of several methods of determining the value of an insured item. Replacement cost is the ...

  4. Buying a house in a flood zone? Know the risks first - AOL

    www.aol.com/finance/buying-house-flood-zone-know...

    The average annual cost for a flood policy from the National Flood Insurance Program (NFIP), which is administered by FEMA, is $800. But the premium you pay can vary depending on your location ...

  5. Flood Insurance: Do You Need It and Is It Worth the Cost? - AOL

    www.aol.com/flood-insurance-worth-cost-180024326...

    Need help? Call us! 800-290-4726 Login / Join. Mail

  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. Homeowner Flood Insurance Affordability Act of 2014 - Wikipedia

    en.wikipedia.org/wiki/Homeowner_Flood_Insurance...

    The bill would delay the flood insurance premium increases mandated under the Biggert–Waters Flood Insurance Reform Act of 2012 for four years. [1] During that time, the Federal Emergency Management Agency is supposed to come up with a plan to make the premiums cheaper and reassess its maps of areas that are likely to flood (and therefore ...

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