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Flood Insurance Policy – Copies on the internet

Types of NFIP Policies

There are three standard policy forms for insurance under the National Flood Insurance Program, made available under their June, 2014 policy form distribution. Copies may be obtained directly from the FEMA.Gov website in PDF format:

These links and other information below are provided as a courtesy, only, and the user should confirm that the links, documents and content represent the latest forms available.

Under the Biggert-Waters Flood Reform Act of 2012 1, Congress required the NFIP policy to state the conditions, exclusions, and coverage limitations in plain English, in boldface type, and in a font size that is twice the size of the text of the body of the policy.

In response, the NFIP printed 99% of the policy form in bold, large print, using 18pt Arial Narrow font (in an insurance policy, nearly everything is a condition, exclusion or coverage limitation). The inconsequential remainder of the policy is in 9pt Arial font. The prior dwelling form was a manageable 19 pages; the new form is 47 pages. The format of the old printed policies and PDF's were far easier to read 2

For assistance after a loss to your business, home or other property
Contact John Ruskin at the address or phone number, below.

What is the Difference between the NFIP Flood Policy and Typical Homeowners Policies?

There are many differences between the NFIP Flood Policy and other homeowner insurance policies. The major distinctions, and the main source for surprises after a flood loss, include: the coverage; the time to settle a loss, and; the regulation and interpretation of the policies. More about this comparison between flood and typical homeowners insurance policies, here.

What is different about the three NFIP Policy Forms?

The following information was provided on the FEMA.GOV website 3:

Dwelling Policy Form

The Dwelling Policy Form may be issued to homeowners, residential renters and condominium unit-owners, owners of residential buildings containing two to four units.

In communities participating in the NFIP Regular Program 4 or Emergency Program 5 the dwelling policy provides building and/or contents coverage for:

  • Detached, single-family, non-condominium residence with incidental occupancy limited to less than 50% of the total floor area;
  • Two- to four- family, non-condominium building with incidental occupancy limited to less than 25% of the total floor area;
  • Dwelling unit in residential condominium building;
  • Residential townhouse/rowhouse
  • Manufactured mobile homes

General Property Policy Form

The General Property Policy Form may be issued to owners or lessees of non-residential buildings or units, or residential condominium buildings that are uninsurable under the Residential Condominium Building Association Policy (RCBAP).

In communities participating in the NFIP Regular Program 4 or Emergency Program 5 the General Property Policy provides building and/or contents coverage for these and similar "other residential" risks:

  • Hotel or motel with normal guest occupancy of 6 months or more;
  • Apartment building;
  • Residential cooperative building;
  • Dormitory;
  • Assisted-living facility.

And non-residential risks:

  • Shop, restaurant, or other business;
  • Mercantile building;
  • Grain bin, silo, or other farm building;
  • Agricultural or industrial processing facility;
  • Factory;
  • Warehouse;
  • Poolhouse, clubhouse, or other recreational building;
  • House of worship;
  • School;
  • Hotel or motel with normal guest occupancy of less than 6 months;
  • Licensed bed-and-breakfast inn;
  • Retail;
  • Nursing home;
  • Non-residential condominium;
  • Condominium building with less than 75% of its total floor area in residential use;
  • Detached garage;
  • Tool shed;
  • Stock, inventory, or other commercial contents.

Residential Condominium Building Association Policy (RCBAP) Form

The Residential Condominium Building Association Policy Form may be issued to condominium associations to insure eligible residential condominium buildings.

In participating NFIP Regular Program 4 communities only, provides building coverage and, if desired, coverage of commonly owned contents for residential condominium building with 75% or more of its total floor area in residential use.



Footnotes:

1 Section 100234 of the Biggert-Waters Flood Reform Act of 2012 (See: 42 USC 4013a)

2 However, the old versions are not the current, "official" policy forms. The old policy forms had been available online, but the specific links no longer work:

3 Information on this web page derived from the FEMA.Gov website and is presented as a courtesy, only. For current information, consult FEMA.Gov, directly. The user must independently confirm with FEMA/NFIP that the policy forms, the documents' contents, and this web page's content, are current and correctly reflect the current state of relevant statutes, law and regulation.

4 Regular Program - The final phase of a community's participation in the National Flood Insurance Program. In this phase, a Flood Insurance Rate Map is in effect and full limits of coverage are available under the Act.

5 Emergency Program - The initial phase of a community's participation in the National Flood Insurance Program. During this phase, only limited amounts of insurance are available under the Act.




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