National Flood Insurance Program (NFIP)

FEMA’s Risk Rating 2.0 Projected Premium Change Analysis

Starting Oct. 1, FEMA will fundamentally change the way it rates a property’s flood risk and prices insurance for the more than five million NFIP policyholders. Known as Risk Rating 2.0, this new methodology incorporates more flood risk data variables to more accurately reflect a property’s individual flood risk

The ASFPM Flood Science Center has created three new easy-to-use data visualization dashboards that show the projected premium changes for policyholders by location, using datasets from FEMA’s analysis of NFIP policyholder information. The data are broken down across four categories — ranging from a decrease in monthly premiums to an increase of $20/month or more – and displayed in map, pie chart, and data table formats. A color-coded scale indicates the percentage of policyholders in each category.

The state-level dashboard shows projected premium changes for each state and territory: Projected Premium Changes by State: All NFIP and Single-Family Home Policies

For those who wish to take a deeper dive, there are two dashboards that display the projected premium changes at the zip code level, one for existing single-family home policies and the other for all existing NFIP policies:

Projected Premium Changes by Zip Code: Single-Family Home Policies

Projected Premium Changes by Zip Code: All NFIP Policies

ASFPM Resources

Risk Rating 2.0 Talking Points and Resources to Help You Navigate the Changes

ASFPM Flood Insurance Committee page

Current FEMA resources on Risk Rating 2.0

Updated Policy Forms to conform with changes to reflect BW-12 and HFIAA and additional clarifications for plain language.

National Flood Insurance Program: The Current Rating Structure and Risk Rating 2.0 (CRS Report – Updated January 25, 2021)

Fema Risk Rating 2.0 National View Rates

FEMA Tutorials

How to Read a Flood Insurance Rate Map (FIRM) Tutorial

Flood Insurance Study (FIS) Tutorial

FIRMette Training Powerpoint

Letter of Map Amendment (LOMA) / Revision (LOMR-F) Tutorial

Online Letter of Map Change (LOMC) Training

Floodplain Management Topics

The Association of State Floodplain Managers maintains this library for the convenience of its members and the public. The publications and presentations contained therein are the works of independent authors. ASFPM does not and cannot accept responsibility for the contents of these presentations, in any manner shape or form, including, but not limited to their correctness, currency, or appropriateness. Floodplain Management rules and regulations are substantially influenced by the quirks of State and local laws and ordinances, as well as ever changing Federal law, regulation and policy as well as court decisions. Use these presentations for ideas and concepts, responsibility for content is your own.

Reducing the Damage of Repeated Flooding – FEMA
The National Flood Insurance Program – FEMA
Family Elevates Home to Protect It – FEMA
FEMA’s Flood Insurance Advocate Explains Flood Claims
What Happens After a Buyout – FEMA
Mitigation Best Practices – FEMA
Flood Insurance for Renters – FEMA
Community Assistance Program – FEMA
Hazard Mitigation Planning Part 1 – FEMA
Hazard Mitigation Planning Part 2 – FEMA
Mapping America Part 1 – FEMA
Mapping America Part 2 – FEMA
Smart Growth – FEMA
Flood Risk Mgmt: Structural and Nonstructural Measures – USACE
Flood Risk Mgmt: Residual Risk – USACE
100 Year Flood Misnomer – USACE