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FEMA's new "Risk Rating 2.0" could 4x flood insurance premiums. - Maptycs

Written by Maptycs | Mar 22, 2021, 2:06:21 PM

FEMA is planning to announce its “Risk Rating 2.0” that will dramatically revise risk assessments for flood risk properties. Proactively understanding and preparing for these changes is a necessary first step for risk and insurance professionals to take sooner than later.

#risktech #insurtech #riskmanagement #floodrisk

https://www.forbes.com/advisor/homeowners-insurance/new-fema-flood-insurance-rates/