Rebuild better after a flood
Increased Cost of Compliance (ICC) coverage is funding that can help you rebuild after a flood. If you qualify, you may receive up to $30,000 to make changes to lower your risk of future flood damage.
Get help to rebuild smarter after a flood
If your home or business was badly or repeatedly damaged by a flood, ICC coverage may give you the money you need to rebuild in a way that protects you against future flood damage.
Elevate your building for future flood protection.
Hear from the NFIP policyholder who owns an Old Post Office in Londonberry, Vermont. She elevated the building which later withstood flood damage "beautifully."
ICC coverage by the numbers
$30,000
NFIP policyholders that qualify for ICC coverage can receive as much as $30,000.
50%
You qualify for ICC coverage if the cost of repairs is at least 50% of your building’s pre-damage value.
2 floods
You qualify for ICC coverage if your building has flooded twice in 10 years, where each cost 25% of property value.
What you’ll need to start an ICC claim
You must file your ICC claim separately from your flood insurance claim. Here’s what you’ll need:
- A letter from your local official stating your building is substantially or repetitively damaged.
- A permit showing what repairs or changes are required.
- A signed contract from your contractor.
- An ICC Proof of Loss form from your insurer.
You may get up to a $15,000 advance after submitting these documents. Once the work is done, send your completion letter to your insurer to get the rest.
Helpful links to support your recovery
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Start a flood insurance claim
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ICC claims are not the same as flood insurance claims. If qualified, you will need to file both to receive maximum support.
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Stay safe while beginning cleanup
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Use the NFIP’s flood recovery checklist to recover after floods quickly and safely.
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Stories of rebuilding
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Hear from NFIP policyholders how flood insurance helped them recover after floods.
FAQS about rebuilding smarter and safer
Increased Cost of Compliance coverage is funding to help you rebuild your home to meet safety standards when local laws require you to make changes to meet current or updated flood rules. It helps you to raise, move or rebuild your home after a flood.
If you live in a Special Flood Hazard Area (SFHA) and have flood insurance, you may get up to $30,000. These funds are meant to help you cover the cost of improving your home or business to meet local flood safety rules.
You have four ways to help protect your property from future floods:
- Raise it.
- Move it.
- Tear it down.
- Floodproof it, if it’s not a home.
You can use one or more, talk with your local floodplain administrator to find the option that suits you best.
If you receive a declaration from your local floodplain administrator that your home is substantially or repetitively damaged, you may file a claim for your ICC coverage.
You can only file an ICC claim if your community says your home or business has major or repeated flood damage. A local floodplain management official will explain what you need to do. After you hear from the official, contact your insurer to start the claim and get contractor estimates.
You may get up to a $15,000 advance if you show your signed work contract, permit and Proof of Loss, however if the work isn’t done you be required to return the money. Once finished, show your completion letter to get the rest of your ICC payment.