This new FEMA Risk Rating 2.0 video provides an explanation of a building’s rating variables related to where it’s built and how it’s built.
FEMA’s new rating methodology, Risk Rating 2.0: Equity in Action, considers specific characteristics of a building to provide a more modern, individualized, and equitable flood insurance rate. This video discusses a building’s rating variables related to where it’s built and begins to talk about the impact of how it’s built. For more information on a building’s rating characteristics, see the NFIP Flood Insurance Manual at: https://www.fema.gov/flood-insurance/
Leave a Reply