A Guide to Changes in the National Flood Insurance Program

Many properties in eastern Connecticut are near bodies of water. What effect will the changes to the NFIP have on property values in Eastern Connecticut? The answer is not clear at this time but ECAR will be studying the issue. In the meantime, you can access “A GUIDE TO THE OCTOBER 2013 CHANGES TO THE NATIONAL FLOOD INSURANCE PROGRAM” at http://www.h2opartnersusa.com/manual-changes/index.html

image

Flood Insurance Reform Act of 2012 created unprecedented, sweeping changes to the Flood Insurance Manual. This site addresses those extensive changes with case studies, videos, an interactive decision tool, and more.

On this site are four sections addressing the October 2013 Manual Update:
Rule Changes
Rating Case Studies
Revised Forms
Resources

You will also find a BW-12 Decision Guide which assists you in determining how new provisions of the Biggert-Waters Flood Insurance Reform Act of 2012 will affect new and existing policies.

Advertisements

About Susy Hurlbert

Eastern Connecticut Association of REALTORS Chief Executive Officer
This entry was posted in Federal and tagged . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s