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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. 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 ...

4. 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

5. Homeowner Flood Insurance Affordability Act of 2013 - Wikipedia

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

   The Homeowner Flood Insurance Affordability Act of 2013 is a bill that would reduce some of the reforms made to the federal flood insurance program that were passed two years prior. [1] The bill would reduce federal flood insurance premium rates for some properties that are sold, were uninsured as of July 2012, or where coverage lapsed as a ...

6. Flood insurance rate map - Wikipedia

   en.wikipedia.org/wiki/Flood_Insurance_Rate_Map

   These FIRMs are used in identifying whether a land or building is in flood zone and, if so, which of the different flood zones are in effect. In 2004, FEMA began a project to update and digitize the flood plain maps at a yearly cost of $200 million. The new maps usually take around 18 months to go from a preliminary release to the final product.

7. 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 ...