What to do if you’re experiencing a decrease in flood risk
If you’re experiencing a decrease in flood risk – moving from the high-risk flood area to the moderate- to low-risk flood area – your flood insurance rates may now be more affordable.
While flood insurance is now optional, it is highly recommended for your property. Your risk is reduced, not removed.
Stay protected and get money back once the new map goes into effect
Your property may now be eligible for a lower-cost policy, known as a Preferred Risk Policy (PRP).
Contact your agent today to keep your coverage and get money back once the new map goes into effect.
After converting your current policy to a PRP, you will be refunded the difference in premium. There will be no gaps in coverage and no additional money up front.