![](\"https:\/\/www.floridarealtors.org\/sites\/default\/files\/styles\/full_width_main_image\/public\/page\/image\/2018-07\/flooding.jpg?h=cc092571&itok=IrMBVwCp\")
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Flood insurance is complicated, so FEMA created a brochure for Realtors to help them answer client questions, such as, \u201cWhat is an elevation certificate?\u201d<\/span><\/span><\/p>\n<\/div>\n WASHINGTON \u2013 The Federal Emergency Management Agency (FEMA) has taken steps to educate Realtors\u00ae and the public about the National Flood Insurance Program (NFIP) and the updated way it charges for policies, called NFIP Risk Rating 2.0<\/span><\/span><\/p>\n Under FEMA\u2019s old NFIP program, a home\u2019s risk-zone location dictated rates. Under the new program, rates can vary home-to-home based on additional factors, such as construction.<\/span><\/span><\/p>\n To help Realtors explain Risk Rating 2.0, FEMA created a brochure, Flood Insurance For Real Estate Professionals \u2013 Help Clients Protect Their Investment<\/a>. While only an insurance agent can provide a quote for a specific property, the brochure provides an overview of the NFIP program and how flood coverage works.<\/span><\/span><\/p>\n FEMA also plans future webinars for real estate professionals, but dates and times are not yet finalized.<\/span><\/span><\/p>\n \u00a9 2023 Florida Realtors\u00ae<\/span><\/span><\/p>\n<\/div><\/div>\n <\/p>\n <\/p>\n\nHighlight of NFIP topics covered in the brochure<\/span><\/span><\/h3>\n
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\n\tAbout 40% of NFIP benefits go to people who live outside high-risk flood zones. Hurricane Ian\u2019s impact on Central Florida last year is one example.<\/span><\/span><\/li>\n<\/ul>\n\n
\n\tAnyone in a community that participates in the NFIP program \u2013 and most U.S. communities do. Licensed insurance agents can provide more information on any specific community or home.<\/span><\/span><\/li>\n<\/ul>\n\n
\n\tThis is the big question under Risk Rating 2.0 since it varies by home. The brochure says it varies \u201cdepending on the construction date, type and flood risk, among other things.\u201d It suggests real estate agents talks to buyers about a quote for both building and contents coverage.<\/span><\/span><\/li>\n<\/ul>\n\n
\n\tClients can visit FloodSmart.gov<\/a> or call their local insurance agent for more information on purchasing a policy. Note: Only a licensed property and casualty insurance agent can sell NFIP flood insurance. Customers can find a local one using FEMA\u2019s Agent Locator Tool<\/a>.<\/span><\/span><\/li>\n<\/ul>\n\n
\n\tAn EC may help some people who live in high-risk flood zones, and there are ways to find out if one already exists. FEMA has more EC information<\/a> online.<\/span><\/span><\/li>\n<\/ul>\n\n
\n\tFEMA has flood maps showing an area\u2019s general risk for flooding. Under Risk Rating 2.0, however, individual home rates will still vary.<\/span><\/span><\/li>\n<\/ul>\n