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3/23/2015
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F E M A Mapping Changes
FEMA Mapping Changes
National Flood Insurance Program 1
F E M A Mapping Changes
Welcome to FEMA Mapping Changes!
We will get started in a few minutes. Meanwhile, let’s perform a warm up exercise.
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Training Agenda
Section 1- EVOLUTION of flood maps Section 2- PROCESS of flood mapping Section 3- RESOURCES for finding flood maps Section 4- BENEFITS of updated flood maps Section 5- IMPACTS of mapping changes Section 6- IMPLEMENTATION issues for agents and lenders
Section 7- CHALLENGES to the flood maps
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Section 1
EVOLUTION of flood maps
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Evolution
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FHBM FIRM DFIRM
How do we get to where we are going?
F E M A Mapping Changes
FEMA Mapping
Flood Hazard Boundary Map (FHBM)
Flood Insurance Rate Map (FIRM)
Digital Flood Insurance Rate Map (DFIRM)
Evolution
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FEMA Mapping
Evolution
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FEMA Map Modernization
FEMA Risk MAP
F E M A Mapping Changes
Section 2
PROCESS of flood mapping
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FEMA Mapping Changes
Process
Project Scoping or Discovery
• Initial Involvement
Data/Map Development
• Stakeholder Outreach
Preliminary Release • Stakeholder, Media & Public Outreach
Adoption • Stakeholder, Media & Public Outreach
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Processing the Process
F E M A Mapping Changes
Section 3
RESOURCES for finding flood maps
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Resources
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Don’t hesitate to be resourceful!
F E M A Mapping Changes
Flood Zone Designations
High Risk (SFHA)
• AE (replaces A1-A30)
• A, AH, AO, A99, AR
• VE (replaces V1-V30)
• V, VO
Moderate to Low Risk
• B, C, X
Resources
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Flood Zone Designations
Resources
100-Year Floodplain
• “…1-percent chance of being flooded in any given year (base flood).”
• At least 26% chance of flooding over a 30 year mortgage
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F E M A Mapping Changes
Finding FEMA Map Changes
Resources For Finding Map Changes
Map Service Center www.msc.fema.gov
FloodSmart website www.floodsmart.gov
Community Status Book* Click Here
*Community Status Book
https://www.fema.gov/national-flood-insurance-program/national-flood-insurance-program-community-status-book
Resources
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www.msc.fema.gov
Visit the Map Service Center
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F E M A Mapping Changes
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F E M A Mapping Changes
FEMA Map Service Center
Resources
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F E M A Mapping Changes
FEMA Map Service Center
Resources
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FEMA Map Service Center
Resources
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Flood Insurance Rate Map
F E M A Mapping Changes
FEMA Map Service Center
Resources
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“FIRMETTE”
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FEMA Map Service Center
Resources
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F E M A Mapping Changes
FEMA Map Service Center
Resources
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FEMA Map Service Center
Resources
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F E M A Mapping Changes
FEMA Map Service Center
Resources
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FEMA Map Service Center
Resources
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F E M A Mapping Changes
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FEMA Map Service Center
Resources
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F E M A Mapping Changes
FEMA Map Service Center
Resources
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F E M A Mapping Changes
Locating Historic Flood Maps
Resources
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F E M A Mapping Changes
Locating Historic Flood Maps
Resources
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Locating Historic Flood Maps
Resources
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F E M A Mapping Changes
Locating Historic Flood Maps
Resources
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F E M A Mapping Changes
Finding FEMA Map Changes
Resources For Finding Map Changes
Map Service Center www.msc.fema.gov
FloodSmart website www.floodsmart.gov
Community Status Book* Click Here
*Community Status Book
https://www.fema.gov/national-flood-insurance-program/national-flood-insurance-program-community-status-book
Resources
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F E M A Mapping Changes
www.floodsmart.gov
Resources
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www.floodsmart.gov
Resources
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F E M A Mapping Changes
www.floodsmart.gov
Resources
58102
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www.floodsmart.gov
Resources
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F E M A Mapping Changes
www.floodsmart.gov
Topic 1: The National Flood Insurance Program
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www.floodsmart.gov
Topic 1: The National Flood Insurance Program
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F E M A Mapping Changes
Finding FEMA Map Changes
Resources For Finding Map Changes
Map Service Center www.msc.fema.gov
FloodSmart website www.floodsmart.gov
Community Status Book* Click Here
*Community Status Book
https://www.fema.gov/national-flood-insurance-program/national-flood-insurance-program-community-status-book
Resources
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Community Status Book
Resources
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Community Status Book
Resources
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Pre-FIRM Built before initial FIRM
or
On or before 12/31/1974
Post-FIRM On or After the initial FIRM
or
After 12/31/1974 . . .
whichever is LATER
Defining Pre-FIRM and Post-FIRM
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Community Status Book
Resources
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Section 4
BENEFITS of updated flood maps
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F E M A Mapping Changes
Each new benefit is more beneficial than the one before. Benefits
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Risk
Identity Accuracy Informed Decisions
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F E M A Mapping Changes
Insurance Benefits of New Maps
• Identifies current flood hazard risks
• Better delineates Base Flood Elevations (BFEs)
• Provides for more accurate rating
• Allows property owners to make more informed decisions
Benefits
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F E M A Mapping Changes
Insurance Benefits of New Maps
Benefits
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SFHAs appear as dark shading on a Flood Insurance Rate Map (FIRM).
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Insurance Benefits of New Maps
Benefits
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SFHAs appear as aqua dotted area on the Digital Flood Insurance Rate Map (DFIRM).
F E M A Mapping Changes
Section 5
IMPACTS of mapping changes
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Every flood makes a big impact…on someone.
Impacts
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F E M A Mapping Changes
Properties Moving into Special Flood Hazard Areas
Mandatory Purchase of Flood Insurance Required?
Impacts
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Enter SFHA
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F E M A Mapping Changes
Properties Removed From Special Flood Hazard Areas
Eligible for Low-Cost Preferred Risk Policy
Impacts
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Exit SFHA
F E M A Mapping Changes
Mapped “In”
• Flood risk increased
• More structures in floodplain
• Mandatory purchase of flood insurance
Mapped “Out”
• Flood risk reduced
• Risk not eliminated
• Low-cost preferred risk coverage available – Keep coverage
– Lower cost
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Impacts
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F E M A Mapping Changes
What is a Preferred Risk Policy (PRP)?
• Low-Cost Flood Policy
• B, C & X Zones
• Building/Contents Combinations
• Loss eligibility
Impacts
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Premium Comparisons*
$200,000 Bldg $80,000 Contents
Pre-FIRM AE Zone $3,321
Post-FIRM +1 AE Zone $945
Standard X Zone $1,908
PRP in B, C, X zone $405
* Single family, one floor, no basement, minimum deductible (4/1/15 rates)
F E M A Mapping Changes
Section 6
IMPLEMENTATION issues for stakeholders
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Making it all work together
Implementation
Agent
Lender
Property Owner
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Insurance Agent Implementation Issues
Importance of identifying properties affected by map change
Significance of understanding rating options available
Rating options that may apply:
• Grandfather rating rules
• Newly Mapped Procedure
Implementation
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Rating Options Following a Map Revision Implementation
4/01/2015
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PRP ELIGIBILITY EXTENSION
10/01/2008 until further notice
NEWLY MAPPED PROCEDURE
RULES
GRANDFATHER RATING
F E M A Mapping Changes
Grandfathering
Allows premium benefits after
• Changes in map zones
• Changes to compliance standards
May provide legitimate reason for zone discrepancies on policy declarations page
Implementation
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Grandfathering
Allows a property owner to:
“Lock” in a previous Flood Zone
“Lock” in a previous Base Flood Elevation
Implementation
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F E M A Mapping Changes
Grandfathering – Continuous Coverage
For policy in effect prior to map change date, maintain prior zone and BFE
Coverage must be continuous
Implementation
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Grandfathering – Built In Compliance
If building was constructed in compliance with a specific FIRM, use that map’s zone and BFE
Submit proof to carrier
Continuous coverage not required
Implementation
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F E M A Mapping Changes
Rating Options Following a Map Revision Implementation
4/01/2015
PRP ELIGIBILITY EXTENSION
10/01/2008 until further notice
NEWLY MAPPED PROCEDURE
RULES
GRANDFATHER RATING
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F E M A M a p p i n g C h a n g e s
Newly Mapped Procedure
Effective April 1, 2015
• PRP Eligibility Extension transitioned to Newly Mapped Procedure
• Properties newly mapped into SFHA receive a “preferred risk premium” for first year after map revision
• Identical to the Preferred Risk Policy premium before application of:
Reserve Fund Assessment
Federal Policy Fee
• After first year, policies transition to full-risk rates via premium increases subject to the 18% limitation
Implementation
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F E M A M a p p i n g C h a n g e s
Newly Mapped Procedure
Newly Mapped on or after April 1, 2015
• Eligible for Newly Mapped Procedure…
If coverage obtained within 12 months of map revision
“Preferred risk premium” first year
• Not eligible for Newly Mapped Procedure…
If coverage not obtained within 12 months of map change
Only eligible for grandfathering to zone and/or BFE in effect at time of construction
Implementation
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NOTE: All Properties must meet Preferred Risk Policy loss requirements to be eligible for
Newly Mapped Procedure
Within 12 months of map revision
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F E M A M a p p i n g C h a n g e s
Newly Mapped Procedure
Newly Mapped between: October 1, 2008 and March 31, 2015
• Eligible for Newly Mapped Procedure…
If coverage obtained before April 1, 2016
Properties eligible under the PRP Eligibility Extension (PRPEE)
• Policies issued under PRPEE before 4/1/15:
Renew under Newly Mapped Procedure on first effective date on or after April 1, 2015
Implementation
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NOTE: All Properties must meet Preferred Risk Policy loss requirements to be eligible for
Newly Mapped Procedure
Oct 1, 2008
Mar 31, 2015
Newly Mapped between
BEFORE Apr 1, 2016
Coverage must be purchased
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F E M A Mapping Changes
Lending Community Issues
How do lenders know maps have changed?
• Portfolio reviews – required?
• Life of loan flood zone determinations
Process for requiring flood insurance
• Borrower notification – 45 day letter
• Force Placement
Implementation
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Lending Community Issues
What happens once the policy arrives?
• Lender verifies compliance issues
• Resolves flood zone discrepancies
What is a flood zone discrepancy?
• Lender determination and policy declaration have different flood zones
• SFHA vs. Non-SFHA discrepancies
• Unless Grandfather Rating Rules or Newly Mapped Procedure apply
Implementation
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F E M A Mapping Changes
Flood Zones on Declarations Pages
Current Flood Zone – flood zone of property on current (revised) Flood Insurance Rate Map (FIRM)
Flood Risk/Rated Zone – flood zone from the previous map used to rate policy
Lenders are not required to investigate or resolve differences between Current Flood Zone and Flood Risk/Rated Zone
Implementation
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Current Zone/Rated Zone
Implementation
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F E M A Mapping Changes
Section 7
CHALLENGES to the flood maps
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What happens when we all can’t agree?
Challenges
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Letters of Map Change (LOMC)
Challenges
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Letter of Determination Review (LODR)
• Lender and borrower must jointly request
• 45-day window to request
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Riverside Road
River
AE
AE
AE
LODR - Letter of Determination Review
F E M A Mapping Changes
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Riverside Road
River
AE
AE
AE
LODR - Letter of Determination Review
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Letters of Map Change (LOMC)
Challenges
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Letter of Determination Review (LODR)
• Lender and borrower must jointly request
• 45-day window to request
Letter of Map Amendment (LOMA)
• Single structure, single lot
www.fema.gov/online-lomc
F E M A Mapping Changes
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LOMA - Letter of Map Amendment
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Letters of Map Change (LOMC)
Challenges
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Letter of Determination Review (LODR)
• Lender and borrower must jointly request
• 45-day window to request
Letter of Map Amendment (LOMA)
• Single structure, single lot
Letter of Map Revision (LOMR)
• Multiple structures/lots
• LOMR-F - based on fill
F E M A Mapping Changes
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LOMR - Letter of Map Revision
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Letters of Map Change (LOMC)
Challenges
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Letter of Determination Review (LODR)
• Lender and borrower must jointly request
• 45-day window to request
Letter of Map Amendment (LOMA)
• Single structure, single lot
Letter of Map Revision (LOMR)
• Multiple structures/lots
• LOMR-F - based on fill
LOMAs, SOMAs, and so on…
• LOMA “Out as Shown”
F E M A Mapping Changes
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Riverside Road
AE
AE
AE
River
LOMA – “Out as Shown”
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Riverside Road
AE
AE
AE
River
LOMA – “Out as Shown”
F E M A Mapping Changes
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Letters of Map Change (LOMC)
Challenges
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Letter of Determination Review (LODR)
• Lender and borrower must jointly request
• 45-day window to request
Letter of Map Amendment (LOMA)
• Single structure, single lot
Letter of Map Revision (LOMR)
• Multiple structures/lots
• LOMR-F - based on fill
• LOMAs, SOMAs, and so on…
LOMA “Out as Shown”
SOMA – Summary of Map Action
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SOMA – Summary of Map Action
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F E M A Mapping Changes
Letters of Map Change (LOMC)
Challenges
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Contact FEMA Mapping Specialist at
877-336-2627
Letter of Determination Review (LODR)
• Lender and borrower must jointly request
• 45-day window to request
Letter of Map Amendment(LOMA)
• Single structure, single lot
Letter of Map Revision (LOMR)
• Multiple structures/lots
• LOMR-F - based on fill
LOMAs, SOMAs, and so on…
• LOMA “Out as Shown”
• SOMA – Summary of Map Action
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Overview of Resources
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• NFIP Flood Manual
• Community Status Book
www.fema.gov
• FIRMettes for Documentation
• Current Effective Maps/Historic Maps
• FEMA Map Information eXchange (FMIX) 1-877-336-2627
www.msc.fema.gov
• Flood Map Update Schedule
• Understanding Flood Maps
www.floodsmart.gov
• WYO Companies
• NFIP Direct Servicing Agent
Other Resources
F E M A N F I P Agent Tr a i n i n g P r o g r a m
All attendees will be receiving an email with a link to an evaluation and feedback form.
Please take time to complete and help us improve our training effort!
THANKS
Evaluations - Online
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F E M A N F I P Agent Tr a i n i n g P r o g r a m
Like us on Facebook at: www.facebook.com/nfiptraining
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Social Media - Online
LIKE. FOLLOW. LEARN.
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www.nfipiservice.com/training
Melanie Graham melanie@h2opartnersusa.com
Dorothy Martinez dorothy@h2opartnersusa.com
Rich Slevin rich@h2opartnersusa.com
Sonja Wood sonja@h2opartnersusa.com
Rich Waalkes rwaalkes@h2opartnersusa.com
Aaron Montanez nfip-producer@h2opartnersusa.com
Training Information
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