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Flood Maps 2.0 - Map Change Scenarios
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Policyholders in this category should know that while their flood risk is reduced, it is not eliminated, and they may be eligible to convert their policy to a lower-cost Preferred Risk Policy to save them money while still maintaining the coverage needed. Though flood insurance isn't federally required for structures located in lower-risk flood zones, anyone can be financially exposed to floods. 
Map Changes: from High Risk to Low Risk
Change in risk
It is important to remember that even though a property is re-mapped to a lower-risk zone, the risk is reduced, not removed. Maintaining insurance coverage provides insureds with needed protection against the financial risk of flooding.
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Rate impact
If a property is remapped to a lower-risk zone, insureds may be eligible for a lower-cost Preferred Risk Policy (PRP). The PRP offers multiple coverage combinations for both buildings and contents (or contents-only for renters) located in moderate- to low-risk areas (B, C, X, AR, and A99 Zones). Preferred Risk Policies are available for residential or non-residential buildings also located in these zones that meet eligibility requirements based on the building’s entire flood loss history. FEMA advises property owners to stay protected and, where applicable, insureds may be refunded the premium difference once the maps are effective. There will be no gaps in coverage and no additional money up front.
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