If there’s one thing homeowners and real estate professionals need to understand about the new Risk Rating 2.0 pricing methodology for calculating flood insurance it’s that flood insurance requirements and flood insurance rates are two separate things, and RR2.0 affects rating, not requirement.

Get a clear breakdown of the different FEMA Flood Zones and how they are clearly designated on our Flood Zone Determination Reports.

If you’re looking to confirm or challenge the official flood zone status of any structure nationwide, you’ve come to the right place. Order a certified, insured and structure-based report right on MyFloodStatus.com.

Risk Rating 2.0 is set to go into effect on October 1, 2021 for new flood insurance policyholders and April 1, 2022, for renewal of existing policies, making a direct impact on flood insurance premiums and causing those involved in real estate transactions to have inevitable concerns and questions.

From our perspective, it’s important that real estate agents, buyers, sellers, and current homeowners understand the difference between requirement and rate, and know that RR2.0 is only a change to the…

Challenging the flood status of a property in an A Zone by submitting a Letter of Map Amendment (LOMA) can be considered a little bit of a “gamble” but it is an entirely worthwhile pursuit, often with a positive outcome for the investor. 

In fact, we regularly request LOMA’s on A Zones, and often the outcome results in removal from the SFHA.

Learn more about 100-year flood zones, common misconceptions, how it affects insurance rates and how to know if you're in one.

Flood risk is often a confusing topic with rampant myths and misunderstandings. Learn 6 key things about flood risk that will help you understand how to protect yourself, your investment and your home.