Skip Navigation

Homeowner

how we determine policy rates

Homeowner

Below, you'll find a sampling of policy premiums for different amounts of coverage. If you have any additional questions or are ready to purchase flood insurance, you can contact an agent.

Moderate to Low Risk

Dotted Line

Toggle Arrow Residential: Preferred Risk Policy (PRP) (Zones B, C, X)

Building and Contents Contents Only
Coverage Annual Premium2,3 Coverage Annual Premium2
Without Basement or Enclosure6 With Basement or Enclosure5 Contents Above Ground7 All Other Locations8
$20,000/ $8,000 $129 $176 $8,000 $57 $79
$30,000/ $12,000 $183 $211 $12,000 $75 $106
$50,000/ $20,000 $240 $269 $20,000 $110 $147
$75,000/ $30,000 $281 $315 $30,000 $126 $168
$100,000/ $40,000 $312 $346 $40,000 $140 $187
$125,000/ $50,000 $334 $368 $50,000 $153 $207
$150,000/ $60,000 $356 $390 $60,000 $167 $226
$200,000/ $80,000 $390 $429 $80,000 $194 $248
$250,000/ $100,000 $414 $460 $100,000 $221 $271

Rates effective October 1, 2013

These PRP rates are for 1-4 Family Residential. Other residential building and contents coverage combinations are available.

1Add the $50.00 Probation Surcharge, if applicable.
2Premium includes Federal Policy Fee of $22.00
3Premium includes ICC premium fee of $5.00. Deduct this amount if the risk is a condominium unit.
4Contents-only policies are not available for contents located in basement only.
5Do not use this section of the table for buildings with crawl spaces or subgrade crawl spaces. See footnote 6.
6Use this section of the table for buildings with crawl spaces or subgrade crawl spaces.
7Content-only policies are not available for contents located in basement only.
8More than one floor.

Note: As of January 1, 2011, properties that have been newly mapped into a high-risk flood zone, on or after October 1, 2008, may qualify for a Preferred Risk Policy (PRP) through the PRP Eligibility Extension. Beginning October 1, 2013, these rates will increase 20 percent each year until they reach standard X Zone rates.

Note: Residential condominium associations are not eligible for the PRP. Individual residential condominium units in residential condominium buildings are eligible for the PRP. In addition, individual residential condominium unit owners in nonresidential condominium buildings are only eligible for contents coverage. The deductibles apply separately to building and contents. Building deductible, $1,000. Contents deductible, $1,000.

To qualify for replacement cost claim settlement, a single-family dwelling must be the insured's primary residence and be insured to the maximum amount of insurance available under the program or no less than 80% of the replacement cost at the time of loss, whichever is less. Please refer to the Standard Flood Insurance Policy (SFIP) for further explanation and requirements.

Dotted Line

Toggle Arrow Residential: Standard-Rated Policy (Zones B, C, X)

A policy based on standard rates, is available for properties that are not eligible for the Preferred Risk Policy. Standard-rated policies for buildings in moderate-to low-risk areas offer three types of coverage: Building & Contents, Building Only, and Contents Only.

Building and Contents Building Only Contents Only
Coverage Annual Premium1 Coverage Annual Premium1 Coverage Annual Premium2
$35,000/ $10,000 $572 $35,000 $414 $10,000 $203
$50,000/ $15,000 $807 $50,000 $569 $15,000 $282
$75,000/ $20,000 $1,031 $75,000 $714 $20,000 $361
$100,000/ $30,000 $1,204 $100,000 $782 $30,000 $466
$125,000/ $40,000 $1,322 $125,000 $850 $40,000 $515
$150,000/ $50,000 $1,439 $150,000 $919 $50,000 $565
$250,000/ $100,000 $1,958 $250,000 $1,191 $100,000 $812

Rates effective October 1, 2013

Includes a Reserve Fund Assessment of 5%

1 Includes a Federal Policy Fee of $44 and ICC Premium.
2 Includes a Federal Policy Fee of $44 only.

The following criterion was used for calculating example premiums: Pre-/Post-FIRM, single family structure, 1 floor, no basement or enclosures, $1,000 building deductible and $1,000 contents deductible. Note: if your community participates in the Community Rating System (CRS), your premium may be even lower.

The CRS is a voluntary incentive program that recognizes and encourages community floodplain management activities that exceed the minimum NFIP requirements. As a result, flood insurance premium rates are discounted to reflect the reduced flood risk resulting from the community actions. Learn more about CRS and see if your community participates.

To qualify for replacement cost claim settlement, a single-family dwelling must be the insured's primary residence and be insured to the maximum amount of insurance available under the program or no less than 80% of the replacement cost at the time of loss, whichever is less. Please refer to the Standard Flood Insurance Policy (SFIP) for further explanation and requirements.

Dotted Line

High-Risk Areas

Rates in high-risk areas (A and V Zones) are calculated based on a variety of factors, including elevation and building construction. Policies can be purchased for contents only, building only, or both contents and building coverage. Talk to a licensed insurance agent to determine the premium for your specific property.

Dotted Line

Questions for Your Agent Questions for Your Agent

A lot of things determine what policy is best for your business, so if you have questions, now's the time to ask.

Learn More

Know What's Covered Know What's Covered

Flood insurance covers property damage and personal items, but it's always smart to know what's covered.

Learn More

PRIMARY RESIDENCE DISCLAIMER


For flood insurance rating purposes, a primary residence is a building that will be lived in by the insured or the insured's spouse for at least 80 percent of the 365 days following the policy effective date. If the building will be lived in for less than 80 percent of the policy year, it is considered to be a non-primary residence.

How Can I get Covered?

  • Rate your risk
  • Estimate your premiums
  • Find an agent
 

Contact Us | Site Map | Help | NFIP
Change font size
Last Updated: Sunday, 13-Apr-2014, 4:35 PM (EDT)

500 C Street SW, Washington, D.C. 20472
Disaster Assistance: (800) 621-FEMA, TTY (800) 462-7585
U.S. Department of Homeland Security
FEMA Home | Contact FEMA | Privacy Policy | Important Notices | FOIA | USA.gov | DHS | Agent Site | Accessibility