Risk Rating 2.0 was built to achieve greater equity through improved accuracy. FEMA Risk Rating 2.0 rates were not expected to dramatically change for most current policyholders. From 1996 to 2019, 99 ...
In August, FEMA released rates for the highly anticipated National Flood Insurance Program (NFIP) rating redesign Risk Rating 2.0, also called “Equity in Action.” Equity in Action’s more nuanced ...