NFIP National Flood Insurance Program Risk Rating 2.0

Instructor UIE Phone (253) 846-1155 Email mail@uiece.com

Course Overview The National Flood Insurance Program is based on the federal program that provides coverage and help to those experiencing flood losses. Consumers would generally not consider going without homeowner insurance, but they may completely overlook the risk they face from flooding. Floods can happen anywhere, not just in flood plains. As a result, this course looks at who needs to consider buying flood insurance. This course follows the FEMA NFIP outline and covers such things as community participation and the various programs that are utilized. It looks at coastal barriers, flood maps and zone determinations and base flood elevations (BFE). The course looks at the “100-year flood” and covers the fact that it does not mean that floods only occur every 100 years in those locations, as many people wrongly assume. We look at flood insurance rate maps and pre-FIRM and post FIRM definitions. Policies and products are covered, looking at dwelling polices, and the types of buildings covered. The chapter includes coverage for condominiums and other types of dwellings. The course does, of course, also look at the types of claims that are not covered by flood policies and the conditions under which claims would be denied. Flood insurance is a single peril policy. No one should believe that only a flood policy is required on their homes. The course looks at statutory coverage limits, deductibles, waiting periods and policy cancellations. While this course follows an old outline, it has been updated to also reflect the information found in Risk Rating 2.0 that became effective in October of 2021.

Course Schedule

Course	Subject	Description
FEMA Outline	NFIP	Sections I through VIII are covered in this course as is Risk Rating 2.0.

Additional Information

This course is ClearCert Approved.