Standard homeowners and commercial property policies don’t cover flood damage. The National Flood Insurance Program (NFIP) is often the only source of flood insurance. This course covers the flood insurance rating process, focusing on elevation certificates and grandfathering rules for policyholders when flood maps change.

• explain the information provided by flood insurance rate maps (FIRMs) and distinguish among the flood zones
• identify the maximum flood insurance policies limits available
• understand the flood insurance rating process and factors including elevation certificates
• explain how the Biggert-Waters Act and the HFIAA affect grandfather rules and identify the types of properties affected