Extended Eligibility
For Newly Mapped Rating Procedure
FEMA is extending the time period for properties Newly Mapped into an SFHA to be rated using the Newly Mapped rating procedure; this is an alternative to immediately moving the property to full-risk (actuarial) rating. 
  • Properties Newly Mapped into an SFHA are eligible for the Newly Mapped rating procedure if the applicant obtains coverage that is effective within 12 months of the map revision date. 
  • Eligibility: Effective October 1, 2018, FEMA is expanding eligibility to be either within 12 months of the map revision date or within 45 days of initial lender notification if the notification occurred within 24 months of the map revision date. 
    • In these cases, the Newly Mapped multiplier to be used for premium calculation should be based on the map effective date and the policy effective date for the new business transaction.
Agent Alert

Mark your calendar: Effective January 1, 2019, PRP and Newly Mapped rates are changing; for more information, revisit Making Sense of NFIP April 2018 Changes eBook.
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