Flood Vent Calculator

Homeowner Flood Insurance Affordability Act of 2014

Make Sure You Pay The Correct Surcharge

www.floodsmart.gov - Homeowner Flood Insurance Affordability Act of 2014
www.floodsmart.gov – Homeowner Flood Insurance Affordability Act of 2014

As of April 1, 2015, every new or renewed NFIP policy includes an annual surcharge required by the Homeowner Flood Insurance Affordability Act of 2014 (HFIAA). The surcharge amount depends on the use of your insured building and the type of policy insuring the building, regardless of its flood zone or date of construction.

Policies for owner-occupied, single-family detached buildings and individual condominium units that are your primary residence will include a $25 HFIAA surcharge. If you have a contents-only policy for a rental unit that is your primary residence, it includes the $25 HFIAA surcharge. Policies for all other buildings include a $250 HFIAA surcharge.

To ensure that you pay the correct surcharge at renewal, you must complete and return a Verification of Primary Residence Status form to your flood insurance provider, which will mail you the form before it issues the renewal notice. You are required to respond within 30 days of receipt.

To receive the $25 HFIAA surcharge, you or your agent must submit one of the following with the form:

  • Drivers license
  • Automobile registration
  • Proof of insurance for a vehicle
  • Voter registration
  • Documents showing where children attend school
  • Homestead Tax Credit form for primary residence

If the form and documentation are not received within the 30-day period, your renewal premium will reflect the $250 HFIAA surcharge.

If your policy is coming up for renewal soon and you have not received the letter and form—or if you have misplaced it—please contact your insurance agent.

Flood Flaps can help reduce flood insurance premiums.

You Might Also Like...

About FloodFlaps

Our FEMA compliant flood vent products are designed to provide efficient relief from hydrostatic water pressure resulting from rising flood waters.

All Flood Flaps flood vents are ICC-ES certified to provide 220 sq.ft of enclosed area relief. Each flood vent is constructed of UV enhanced, durable, engineered ABS plastic that has undergone 2,000 hours of scientific lab testing, ensuring it’s durability and sustainability, along with a providing a great, handsome, clean, finished look on the exterior at an affordable price.

Unmatched Value and Superior

Contact FloodFlaps

P.O. Box 1003
Isle of Palms, SC 29451

(843) 881-0190

Email: [email protected]

Copyright© 2019 FloodFlaps | Powered By BeePageOne

G o o g l e  Rating