Washington Report

Advocacy Updates from Washington D.C.

FEMA Issues New Flood Insurance Manual

FEMA has updated THE manual which insurance companies use to write flood insurance policies.  The comprehensive manual provides answers to just about any question a REALTOR® or REALTOR® Association staffer may have regarding flood insurance, ranging from how condos are treated to rate tables as revised by the Homeowner Flood Insurance Affordability Act enacted earlier this year.

Prior to releasing the new Manual, FEMA issued a series of a NFIP iService Bulletins which are supplemental to the October 1st manual. Presented in one place, these are the key insurance bulletins that implement the rate relief and refund procedures under the new law.

View updated manual

Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.

Advertisement