Agent Fact Sheet: Preferred Risk Policy Eligibility Extension: A New Low-Cost Flood Insurance Option   [open pdf - 261KB]

"The Federal Emergency Management Agency (FEMA) introduces a new flood insurance rating option for the National Flood Insurance Program (NFIP) to help reduce the financial burden placed on property owners whose buildings are newly mapped into a high-risk flood area. This Preferred Risk Policy eligibility extension fact sheet is developed for insurance professionals to assist them in providing information which can help ease the financial burden for eligible residents and business owners in their community."