Thank you to everyone who participated in NAR’s recent townhall with FEMA regarding the National Flood Insurance program’s (NFIP) new pricing methodology Risk Rating 2.0. While FEMA was able to answer many questions during the townhall, NAR has worked with FEMA to address most of the remaining questions below. NAR staff will follow up directly with members who asked about individual mapping or other situations they or their clients are currently experiencing.
FEMA Townhall Recording: https://www.nar.realtor/videos/nar-town-hall-featuring-fema-senior-executive-david-maurstad
NAR Rating2.0 Landing Page: https://www.nar.realtor/national-flood-insurance-program/fema-risk-rating-2-0-equity-in-action.