On April 1, 2017, National Flood Insurance Program rates are set to rise an average of 6 percent. This is less than the 2016 average and consistent with the annual 5-10% increases prior to 2012 Biggert-Waters reforms.
Under 2014 Affordability amendments, individual property owners may see a rate increase up to 18% for newer properties and 25% for older ones. Rates for newly mapped properties begin at the lowest or preferred risk rate and gradually increase to full risk using a multiplier table which is also updated as part of the April 1 changes.