The National Flood Insurance Program continues to undergo change. Some of the change is aimed at providing a better customer experience for policyholders while other changes continue the implementation of the Biggert-Waters Flood Insurance Reform Act and the Homeowner Flood Insurance Affordability Act. NFIP produced a new series of short videos explains the key elements of changes to the NFIP that are effective April 1, 2017.
The series is presented in three short video segments and covers:
- Premiums and surcharges,
- Newly mapped multiplier, and
- Pre-FIRM substantially improved buildings and updates to the community rating system list.