Gulf States Flood Help - User contributions [en]

Create NFIP Application

2024-12-19T23:23:18Z

TJ: spelling

{{info-nfip-sfip}}{{eq-proc-agent}}
{{box-summary
|color = orange
|title =
|text =
To create an application for NFIP flood insurance on the Equinox Platform, the user will login to the system. From the Agency or Underwriting Workspace, the user will access the REQUEST NEW QUOTE option at the top of the page. After finishing the quote, the user may add mortgagee information etc.to finalize the application process if the client wishes to purchase the policy. Electronic payment and signature requirements enable electronic underwriting and policy issuance most of the time. For step by step assistance, click here.
}}

{{img-proc-nofrm
|file = File:Flow-eq-quote-overview.png
}}

The workflow shown above begins by entering basic property details and continues through collecting additional information about the building, coverage options, and flood zone determinations. At the "NFIP Rates" step, highlighted in green, agents can generate a '''preliminary quote''' based on the details provided. This allows the agent to review potential costs before signing the application and collecting premium.

{{box-summ
|color = grey
|title = [[File:Icon-info-grey.png|20px|link=]] Information Icons
|text =
Equinox has small information icons placed next to important sections or fields. When a user hovers over an icon, a small window provides extra details about that section. The messages from these icons can be found in the collapsible sections below.
}}

{{collapsible-section
|number = 1
|title = A. Request New Quote
|content =
To quote a property with the [[NFIP]], start in the [[Agency Workspace]]. 
{{img-proc-frm
|file = File:Img-eq-app-01.png
|width = 600px
}}
Select the "Request New Quote" button near the top of the page.
}}

{{collapsible-section
|number = 2
|title = B. Property Address
|content =
Enter the property address. A verified address should show from the first dropdown window. 
{{img-proc-frm
|file = File:Img-eq-app-02.png
|width = 400px
}}
Choose "NFIP Flood" from the second drop down window.
{{collapsible-details
|number = 21
|title = Troubleshooting the Property Address
|content =
Addresses must be selected before they are included on the application. The address entered by the agent is a search, the address result shown underneath will be used by the system after it is selected.

If the address will not return a result, then look it up with the '''[https://tools.usps.com/zip-code-lookup.htm United States Postal Service Address Tool]'''.
}}
}}

{{collapsible-section
|number = 3
|title = C. Step 1: Basic Information
|content =
After assigning the property address, the policy effective date and insured details must be entered. 
From this point forward, the right side of the page will show a page completion list with the quote/application progress.

{{img-proc-frm
|file = File:Img-eq-app-03.png
|width = 300px
}}

NFIP quotes are made in real time and rates are subject to change. All quotes must follow the NFIP waiting period rules assigned to new policies. For more information about each [[Waiting Periods|waiting period]] rule and how to calculate the application effective date, refer to the '''[[NFIP Effective Date Calculation]]'''.

{{collapsible-details
|number = 31
|title = [[File:Icon-info-grey.png|20px|link=]] NFIP Policy Effective Dates
|content =
An NFIP flood policy has a 30-day waiting period provided the premium and the application are received within 10 days of the agent sign date, unless one of the following exceptions apply:
* '''Map Revision:''' A 1-day waiting period may apply if there's been a map provision and the property was previously in a B, C, X, or D zone and is now in an A1 through A30 or V1 through V30 zone. The rezoning must have occurred no more than 13 months prior to today's date.
* '''Loan Exception:''' If this policy is being purchased to meet a lender requirement for a new purchase, loan closing, or the increasing, extending, or renewing of a loan, the policy will go into effect at the time of closing provided the application and premium are received in a timely manner.
* '''Post-Wildfire Exception:''' A 1-day waiting period applies if the insured property is privately owned and post-wildfire conditions on federal lands caused or worsened the flooding. The insured must have purchased the new policy or additional coverage on or before the fire containment date or during the 60 days following the containment date.
}}

{{collapsible-details
|number = 32
|title = Additional Policyholder Details
|content =
The [[NFIP Named Insured|policyholder]] should be identified as an individual or a legal entity, such as a trust. An additional co-insured (optional) can be added by clicking the slider option below the Insured Email Address.
}}
}}

{{collapsible-section
|number = 4
|title = D. Step 2: Third Party Data
|content =
The '''Third Party Data''' step pre-populates essential property details from public records. 
Agents should review all data for accuracy and manually input any missing or inaccurate information.

{{img-proc-frm
|file = File:Img-eq-app-04.png
|width = 500px
}}

{{collapsible-details
|number = 41
|title = [[File:Icon-info-grey.png|20px|link=]] Date of Construction
|content =
The date of construction is the date that the original building permit was issued, provided the actual start of construction was within 180 days of the permit date. If the applicant does not know the date the building permit was issued, enter January 1 as the date and month and provide the actual year of construction. If the year of construction is the same as the initial FIRM date, the exact day and month will be required.
}}
{{collapsible-details
|number = 42
|title = [[File:Icon-info-grey.png|20px|link=]] Number of Floors
|content =
Determine the building's number of floors based on the number of floors above the ground, excluding enclosures, crawl spaces which are both on grade or subgrade basements, and certain attics if only used for storage. For example:
* A building with a basement and one floor above ground is rated as having one floor.
* An elevated building with an enclosure either compliant or non-compliant and one additional floor above it is rated as having one floor.
Indicate the total number of floors in a multi-unit building, even if the policy will cover only an individual unit.
}}
{{collapsible-details
|number = 43
|title = [[File:Icon-info-grey.png|20px|link=]] Square Footage
|content =
For a single-family home, a residential manufactured mobile home, a residential unit, or two- to four-family building, provide the total finished living area. Do not include:
* Garage area
* Basement or enclosure area
* Porches or decks
For other types of buildings, include the square footage of stairwells and elevator shafts but exclude basements or mezzanines. If all floors are the same size, calculate the floor area first, then compute the gross floor area by multiplying the ground floor area by the number of floors.
}}
{{collapsible-details
|number = 44
|title = [[File:Icon-info-grey.png|20px|link=]] Building Replacement Cost Value
|content =
The building replacement cost is the cost to replace the building or unit, including the cost of the foundation for a building, not for a unit. The building replacement cost used for rating has no bearing on the amount of coverage the policyholder can select. If you do not agree with the replacement cost provided, update it accordingly. Supporting documentation requirements vary based on the type of building and its size, and the replacement cost must be validated every three years.
}}
{{collapsible-details
|number = 45
|title = [[File:Icon-info-grey.png|20px|link=]] Substantial Improvement Date
|content =
A substantially improved building is a building that has undergone reconstruction, rehabilitation, addition, or other improvement, the cost of which equals or exceeds 50% (or a lower threshold if adopted and enforced by the community) of the market value of the building for the start of construction. This does not include:
* Improvements to correct code violations
* Alterations to historic buildings that preserve their designation
}}
{{collapsible-details
|number = 46
|title = [[File:Icon-info-grey.png|20px|link=]] Construction Type
|content =
Select the construction type:
* Frame: First floor above ground level is constructed with wood or metal frame walls.
* Masonry: First floor above ground level is constructed with masonry, including brick or concrete block walls for the full story.
* Other: Includes mixed materials or specific exceptions like knee walls.
}}
{{collapsible-details
|number = 47
|title = CBRA/OPA
|content =
The bottom of the page shows the community information and confirms CBRS and OPA details.

'''NFIP Participating Community Information:''' This section shows NFIP community classifications and program details such as regular, emergency, non-participating, or suspended status.

'''Coastal Barriers and Protected Areas (CBRS/OPA):''' Yes/No fields determine if the property falls within Coastal Barriers Resource System (CBRS) or Otherwise Protected Areas (OPA). These options impact eligibility and policy requirements.
}}

}}

{{collapsible-section
|number = 5
|title = E. Step 3: Property Information
|content =
The '''Property Information''' step collects essential details about the property's residential use and the policy's interests.

{{collapsible-details
|number = 51
|title = Building Occupancy Type
|content =
NFIP divides Occupancy into one of two categories:
* Determine if the building is [[NFIP_Occupancy#Residential Occupancies|Residential]] or [[NFIP_Occupancy#Non-Residential Occupancies|Non-Residential]].
* Selection impacts additional questions and policy options.
}}
{{collapsible-details
|number = 52
|title = [[File:Icon-info-grey.png|20px|link=]] Detached Structures
|content =
Identify the number of detached structures at this location, even if they are not to be insured.
* Specify how many detached structures exist at the property address.
* The field defaults to "0" but can be adjusted using the arrow keys or by entering the number directly.

The dwelling form provides limited coverage for one detached garage that is not used for residential, commercial or agricultural purposes and at no more than 10 per cent of the limit of liability on the dwelling. If more than 10 per cent is needed, a separate policy will be required using the non-residential as the building type.
}}
{{collapsible-details
|number = 53
|title = Primary Residence
|content =
Corresponds to the question "Do either you or your spouse reside in this building for greater than 50% of the year?" 
Determines the appropriate HFIAA Surcharge
* Primary Residence: $25
* Non-primary Residence: $250
}}
{{collapsible-details
|number = 54
|title = [[File:Icon-info-grey.png|20px|link=]] Applicant's Insurable Interest
|content =
The interest the applicant has in the building determines the type of coverage available to them. 
A property owner may ensure both building and contents on the same policy. 
A tenant may not purchase building coverage unless the tenant has the rent to own or a lease agreement requiring them to insure the building. In this case, the building owner must be listed as an additional insured on the policy and any contents that the tenant wants to insure must be written on a separate policy.
}}
{{img-proc-frm
|file = File:Img-eq-app-05.png
|width = 400px
}}
{{collapsible-details
|number = 55
|title = [[File:Icon-info-grey.png|20px|link=]] Additions & Extensions
|content =
A single flood insurance policy covers an entire structure, including additions and extensions to the building, unless the [[NFIP Additions and Extensions|additions or extensions]] qualify for a separate policy and a separate policy is purchased when this happens.
}}

}}

{{collapsible-section
|number = 6
|title = F. Step 4: Building Type
|content =
The '''Building Type''' step allows agents to select the building's occupancy type and description. This step uses a button-based interface to simplify the process.
{{collapsible-details
|number = 61
|title = [[File:Icon-info-grey.png|20px|link=]] Single Family Dwelling
|content =
A single-family building, townhouse or row house that is residential or mixed-use with non-residential uses limited to less than 50% of the building's total floor area and not in a condominium ownership or not eligible for the Residential Condominium Building Association Policy form.
}}
{{collapsible-details
|number = 62
|title = [[File:Icon-info-grey.png|20px|link=]] Two to Four Family Dwelling
|content =
A residential building including an apartment building containing 2 or 4 residential spaces and in which commercial uses are limited to less than 25% of the building's total floor area.
}}
{{collapsible-details
|number = 63
|title = [[File:Icon-info-grey.png|20px|link=]] Manufactured/Mobile Home or Travel Trailer
|content =
A structure that is built on a permanent chassis, transported to its site in one or more sections and affixed to a permanent foundation.
Or a travel trailer without wheels that is built on a chassis and affixed to a permanent foundation and regulated under the community's floodplain management and building ordinances and laws.
}}
{{collapsible-details
|number = 64
|title = [[File:Icon-info-grey.png|20px|link=]] Residential Unit
|content =
A single-family residential unit or a mixed unit with non-residential uses limited to less than 50% of the total floor area located within a residential or non-residential condominium building.
A residential or non-residential building not in a condominium form of ownership. For example, an apartment building, a cooperative building or townhouse row house in a condominium ownership if the insured is a unit as opposed to the entire building.
}}
{{collapsible-details
|number = 65
|title = Building Description
|content =
Select the correct description based on the property type.
'''Main Dwelling''' 
A residential building that is the main dwelling on the property as opposed to any secondary dwelling such as a detached guest house.

'''Detached Guest House''' A secondary house that shares the building lot for a larger primary house.

'''Other Dwelling Type''' Description field to specify unique dwelling characteristics.
}}

}}

{{collapsible-section
|number = 7
|title = G. Step 5: Foundation Type
|content =
The '''Foundation Type''' step uses a series of radio buttons to help agents select the correct foundation type for the building. Clicking on a radio button displays images of foundation types, which can be clicked to finalize the selection. 
Agents must also answer a single question about the number of elevators in the building.

{{img-proc-nofrm
|file = File:Img-eq-app-06.png
|width = 500px
}}

The Foundation Type step uses a series of radio buttons to help agents select the correct foundation type for the building. Clicking on a radio button displays images of foundation types, which can be clicked to finalize the selection. Agents must also answer a single question about the number of elevators in the building.

For detailed guidance, visit the [[NFIP Foundations]] page.

{{collapsible-details
|number = 71
|title = [[File:Icon-info-grey.png|20px|link=]] Elevated Buildings with Finished Areas Below
|content =
If you are entering information from the elevation certificate or if you’re completing the elevation certificate, the diagram number shown or entered on page one A7 of the form should be diagram #6.
}}
{{collapsible-details
|number = 72
|title = [[File:Icon-info-grey.png|20px|link=]] Elevated Buildings with Enclosed Garages Below
|content =
If you are entering information from an elevation certificate or if you are completing an elevation certificate, the diagram numbers shown or entered on page one A7 of the form would be diagram #6.
}}
{{collapsible-details
|number = 73
|title = [[File:Icon-info-grey.png|20px|link=]] Flood Openings Requirements
|content =
To qualify for [[NFIP Proper Openings|flood opening discounts]], enclosures below elevated floors must meet the following requirements:
* For buildings with walls that are partially subgrade, there must be a minimum of two openings positioned on at least two exterior walls.
* For buildings with a single exterior wall at grade to the building (e.g., walkout basements), there must be a minimum of two openings positioned on the wall that is not below grade.
* The bottom of all openings must be no higher than one foot above the higher of the exterior or interior adjacent grade or floor immediately below the openings.
** Openings must have a total net area of not less than one square inch for every square foot of enclosed area.
}}

}}

{{collapsible-section
|number = 8
|title = H. Step 6: Elevation Certificate Information
|content =
The '''Elevation Certificate Information''' step requires agents to manually enter key details from an Elevation Certificate (EC).

This step collects information from an Elevation Certificate, a document typically completed by a licensed land surveyor but which may also be completed and submitted by the policyholder. For detailed guidance, visit the [[Elevation Certificate]] page.

{{collapsible-details
|number = 81
|title = Building Diagram Number
|content =
Use the dropdown menu to select the diagram number that matches the structure.
Example: Diagram #2A applies to buildings with basements or split-level structures.
If the required diagram is not listed, consult the [[NFIP Foundations]] page for guidance on identifying the correct type.
}}
{{collapsible-details
|number = 82
|title = Elevation Certificate Sections C, E, or H
|content =
Indicate the section of the Elevation Certificate (C, E, or H) where the data is recorded:
Section C: Enter elevation details for top/bottom floors, lowest/highest adjacent grades, and indicate the construction status (e.g., under construction, finished).
Section E: Provide similar data for buildings without basements or enclosures, specifying measurements above or below adjacent grades.
Section H: Include information about machinery or equipment servicing the building, such as whether it is elevated above the first floor.
}}
{{collapsible-details
|number = 83
|title = Troubleshooting Missing Diagram Numbers
|content =
If the building diagram number is not listed in the dropdown, cross-reference the [[NFIP Foundations]] page or consult community officials for additional documentation.
}}
{{collapsible-details
|number = 84
|title = Flood Proofing
|content =
If the community does not recognize flood-proofing certificates, the system will not allow this option. Ensure compliance with local regulations before proceeding.
}}

}}

{{collapsible-section
|number = 9
|title = I. Step 7: Qualifying Questions
|content = The '''Qualifying Questions''' step assesses the [[Eligibility for NFIP Coverage|building's eligibility]] for coverage with the National Flood Insurance Program (NFIP). Agents must confirm that the property meets specific structural and locational criteria, such as the building's structural makeup and location relative to bodies of water. 

<table class="wikitable">
<tr>
<th>Topic</th>
<th>Explanation</th>
</tr>
<tr>
<td>Is the building affixed to a permanent site?</td>
<td>Ensures the building is permanently affixed to a specific location to qualify for flood insurance. Find more information at [[Eligibility_for_NFIP_Coverage#Building Eligibility|Building Eligibility]].</td>
</tr>
<tr>
<td>Does the building have two or more outside rigid walls and a fully secured roof?</td>
<td>Verifies that the building meets minimum construction standards for coverage eligibility. This requirement is waived if the building is [[NFIP Coverage Exceptions#Under Construction|under construction]].</td>
</tr>
<tr>
<td>Does the building resist flotation, collapse, and lateral movement?</td>
<td>Confirms the building is designed to withstand flood-related forces like buoyancy or erosion. Find more information at [[Eligibility_for_NFIP_Coverage#Building Eligibility|Building Eligibility]].</td>
</tr>
<tr>
<td>Is the building located over water?</td>
<td>Checks if the building is over water, which affects coverage eligibility. Find more information at [[NFIP Coverage Exceptions#Buildings Over Water|NFIP Coverage Exceptions]].</td>
</tr>
<tr>
<td>Does at least 51% of the building’s actual cash value exist above ground?</td>
<td>Ensures that most of the building’s value, including equipment, is above ground level for coverage. Find more information at [[NFIP Coverage Exceptions#Buildings Below Ground|NFIP Coverage Exceptions]].</td>
</tr>
<tr>
<td>Is the building designed to use Earth as insulation?</td>
<td>Determines if the building uses Earth-based insulation techniques, which may impact insurability. Find more information at [[NFIP Coverage Exceptions#Buildings Below Ground|NFIP Coverage Exceptions]].</td>
</tr>
</table>


}}
{{collapsible-section
|number = 10
|title = J. Step 8: Coverage, Deductibles & Discounts
|content =
The '''Coverage, Deductibles & Discounts''' step allows agents to select policy coverage amounts, choose deductible options, and confirm discount eligibility for the applicant.

====Discount Eligibility====
Agents must answer questions to determine eligibility for specific NFIP discounts, such as:
* Prior policy status, including lapses for Newly Mapped or Pre-FIRM discounts.
* The elevation of essential equipment, such as air conditioners, water heaters, and elevator machinery, above the first-floor elevation.

}}

{{collapsible-section
|number = 11
|title = K. Step 9: Rates
|content =
The '''Rates''' step provides a summary of the total annual premium, itemized by coverage type and discounts, and collects final details needed to complete the application.

Agents must:
# Review the itemized premium amounts and verify accuracy.
# Enter any of the additional details:
#* Insured mailing address
#* Additional insureds
#* Mortgagee information
#* Agent of record
# Provide any additional relevant details in the text box for supplementary information.
# Electronically sign the document.

}}

==Next Steps==
Once all steps are finished, the NFIP Application is complete. 
'''The next step for Equinox to issue the policy would be to [[Submit Premium Payment|submit premium payment]].'''

{{nfip}}
[[Category:Application]]

Create NFIP Application

2024-12-19T23:22:04Z

TJ: Dang - changed wording in the same box....

{{info-nfip-sfip}}{{eq-proc-agent}}
{{box-summary
|color = orange
|title =
|text =
To create an application for NFIP flood insurance on the Equinox Platform, the user will login to the system. From the Agency or Underwriting Workspace, the user will access the REQUEST NEW QUOTE option at the top of the page. After finishing the quote, the user may add mortgagee information etc.to finalize the application process if the client wishes to purchase the policy. Electronic payment and signature requiments enable electronic underwriting and policy issuance most of the time. For step by step assistance, click here.
}}

{{img-proc-nofrm
|file = File:Flow-eq-quote-overview.png
}}

The workflow shown above begins by entering basic property details and continues through collecting additional information about the building, coverage options, and flood zone determinations. At the "NFIP Rates" step, highlighted in green, agents can generate a '''preliminary quote''' based on the details provided. This allows the agent to review potential costs before signing the application and collecting premium.

{{box-summ
|color = grey
|title = [[File:Icon-info-grey.png|20px|link=]] Information Icons
|text =
Equinox has small information icons placed next to important sections or fields. When a user hovers over an icon, a small window provides extra details about that section. The messages from these icons can be found in the collapsible sections below.
}}

{{collapsible-section
|number = 1
|title = A. Request New Quote
|content =
To quote a property with the [[NFIP]], start in the [[Agency Workspace]]. 
{{img-proc-frm
|file = File:Img-eq-app-01.png
|width = 600px
}}
Select the "Request New Quote" button near the top of the page.
}}

{{collapsible-section
|number = 2
|title = B. Property Address
|content =
Enter the property address. A verified address should show from the first dropdown window. 
{{img-proc-frm
|file = File:Img-eq-app-02.png
|width = 400px
}}
Choose "NFIP Flood" from the second drop down window.
{{collapsible-details
|number = 21
|title = Troubleshooting the Property Address
|content =
Addresses must be selected before they are included on the application. The address entered by the agent is a search, the address result shown underneath will be used by the system after it is selected.

If the address will not return a result, then look it up with the '''[https://tools.usps.com/zip-code-lookup.htm United States Postal Service Address Tool]'''.
}}
}}

{{collapsible-section
|number = 3
|title = C. Step 1: Basic Information
|content =
After assigning the property address, the policy effective date and insured details must be entered. 
From this point forward, the right side of the page will show a page completion list with the quote/application progress.

{{img-proc-frm
|file = File:Img-eq-app-03.png
|width = 300px
}}

NFIP quotes are made in real time and rates are subject to change. All quotes must follow the NFIP waiting period rules assigned to new policies. For more information about each [[Waiting Periods|waiting period]] rule and how to calculate the application effective date, refer to the '''[[NFIP Effective Date Calculation]]'''.

{{collapsible-details
|number = 31
|title = [[File:Icon-info-grey.png|20px|link=]] NFIP Policy Effective Dates
|content =
An NFIP flood policy has a 30-day waiting period provided the premium and the application are received within 10 days of the agent sign date, unless one of the following exceptions apply:
* '''Map Revision:''' A 1-day waiting period may apply if there's been a map provision and the property was previously in a B, C, X, or D zone and is now in an A1 through A30 or V1 through V30 zone. The rezoning must have occurred no more than 13 months prior to today's date.
* '''Loan Exception:''' If this policy is being purchased to meet a lender requirement for a new purchase, loan closing, or the increasing, extending, or renewing of a loan, the policy will go into effect at the time of closing provided the application and premium are received in a timely manner.
* '''Post-Wildfire Exception:''' A 1-day waiting period applies if the insured property is privately owned and post-wildfire conditions on federal lands caused or worsened the flooding. The insured must have purchased the new policy or additional coverage on or before the fire containment date or during the 60 days following the containment date.
}}

{{collapsible-details
|number = 32
|title = Additional Policyholder Details
|content =
The [[NFIP Named Insured|policyholder]] should be identified as an individual or a legal entity, such as a trust. An additional co-insured (optional) can be added by clicking the slider option below the Insured Email Address.
}}
}}

{{collapsible-section
|number = 4
|title = D. Step 2: Third Party Data
|content =
The '''Third Party Data''' step pre-populates essential property details from public records. 
Agents should review all data for accuracy and manually input any missing or inaccurate information.

{{img-proc-frm
|file = File:Img-eq-app-04.png
|width = 500px
}}

{{collapsible-details
|number = 41
|title = [[File:Icon-info-grey.png|20px|link=]] Date of Construction
|content =
The date of construction is the date that the original building permit was issued, provided the actual start of construction was within 180 days of the permit date. If the applicant does not know the date the building permit was issued, enter January 1 as the date and month and provide the actual year of construction. If the year of construction is the same as the initial FIRM date, the exact day and month will be required.
}}
{{collapsible-details
|number = 42
|title = [[File:Icon-info-grey.png|20px|link=]] Number of Floors
|content =
Determine the building's number of floors based on the number of floors above the ground, excluding enclosures, crawl spaces which are both on grade or subgrade basements, and certain attics if only used for storage. For example:
* A building with a basement and one floor above ground is rated as having one floor.
* An elevated building with an enclosure either compliant or non-compliant and one additional floor above it is rated as having one floor.
Indicate the total number of floors in a multi-unit building, even if the policy will cover only an individual unit.
}}
{{collapsible-details
|number = 43
|title = [[File:Icon-info-grey.png|20px|link=]] Square Footage
|content =
For a single-family home, a residential manufactured mobile home, a residential unit, or two- to four-family building, provide the total finished living area. Do not include:
* Garage area
* Basement or enclosure area
* Porches or decks
For other types of buildings, include the square footage of stairwells and elevator shafts but exclude basements or mezzanines. If all floors are the same size, calculate the floor area first, then compute the gross floor area by multiplying the ground floor area by the number of floors.
}}
{{collapsible-details
|number = 44
|title = [[File:Icon-info-grey.png|20px|link=]] Building Replacement Cost Value
|content =
The building replacement cost is the cost to replace the building or unit, including the cost of the foundation for a building, not for a unit. The building replacement cost used for rating has no bearing on the amount of coverage the policyholder can select. If you do not agree with the replacement cost provided, update it accordingly. Supporting documentation requirements vary based on the type of building and its size, and the replacement cost must be validated every three years.
}}
{{collapsible-details
|number = 45
|title = [[File:Icon-info-grey.png|20px|link=]] Substantial Improvement Date
|content =
A substantially improved building is a building that has undergone reconstruction, rehabilitation, addition, or other improvement, the cost of which equals or exceeds 50% (or a lower threshold if adopted and enforced by the community) of the market value of the building for the start of construction. This does not include:
* Improvements to correct code violations
* Alterations to historic buildings that preserve their designation
}}
{{collapsible-details
|number = 46
|title = [[File:Icon-info-grey.png|20px|link=]] Construction Type
|content =
Select the construction type:
* Frame: First floor above ground level is constructed with wood or metal frame walls.
* Masonry: First floor above ground level is constructed with masonry, including brick or concrete block walls for the full story.
* Other: Includes mixed materials or specific exceptions like knee walls.
}}
{{collapsible-details
|number = 47
|title = CBRA/OPA
|content =
The bottom of the page shows the community information and confirms CBRS and OPA details.

'''NFIP Participating Community Information:''' This section shows NFIP community classifications and program details such as regular, emergency, non-participating, or suspended status.

'''Coastal Barriers and Protected Areas (CBRS/OPA):''' Yes/No fields determine if the property falls within Coastal Barriers Resource System (CBRS) or Otherwise Protected Areas (OPA). These options impact eligibility and policy requirements.
}}

}}

{{collapsible-section
|number = 5
|title = E. Step 3: Property Information
|content =
The '''Property Information''' step collects essential details about the property's residential use and the policy's interests.

{{collapsible-details
|number = 51
|title = Building Occupancy Type
|content =
NFIP divides Occupancy into one of two categories:
* Determine if the building is [[NFIP_Occupancy#Residential Occupancies|Residential]] or [[NFIP_Occupancy#Non-Residential Occupancies|Non-Residential]].
* Selection impacts additional questions and policy options.
}}
{{collapsible-details
|number = 52
|title = [[File:Icon-info-grey.png|20px|link=]] Detached Structures
|content =
Identify the number of detached structures at this location, even if they are not to be insured.
* Specify how many detached structures exist at the property address.
* The field defaults to "0" but can be adjusted using the arrow keys or by entering the number directly.

The dwelling form provides limited coverage for one detached garage that is not used for residential, commercial or agricultural purposes and at no more than 10 per cent of the limit of liability on the dwelling. If more than 10 per cent is needed, a separate policy will be required using the non-residential as the building type.
}}
{{collapsible-details
|number = 53
|title = Primary Residence
|content =
Corresponds to the question "Do either you or your spouse reside in this building for greater than 50% of the year?" 
Determines the appropriate HFIAA Surcharge
* Primary Residence: $25
* Non-primary Residence: $250
}}
{{collapsible-details
|number = 54
|title = [[File:Icon-info-grey.png|20px|link=]] Applicant's Insurable Interest
|content =
The interest the applicant has in the building determines the type of coverage available to them. 
A property owner may ensure both building and contents on the same policy. 
A tenant may not purchase building coverage unless the tenant has the rent to own or a lease agreement requiring them to insure the building. In this case, the building owner must be listed as an additional insured on the policy and any contents that the tenant wants to insure must be written on a separate policy.
}}
{{img-proc-frm
|file = File:Img-eq-app-05.png
|width = 400px
}}
{{collapsible-details
|number = 55
|title = [[File:Icon-info-grey.png|20px|link=]] Additions & Extensions
|content =
A single flood insurance policy covers an entire structure, including additions and extensions to the building, unless the [[NFIP Additions and Extensions|additions or extensions]] qualify for a separate policy and a separate policy is purchased when this happens.
}}

}}

{{collapsible-section
|number = 6
|title = F. Step 4: Building Type
|content =
The '''Building Type''' step allows agents to select the building's occupancy type and description. This step uses a button-based interface to simplify the process.
{{collapsible-details
|number = 61
|title = [[File:Icon-info-grey.png|20px|link=]] Single Family Dwelling
|content =
A single-family building, townhouse or row house that is residential or mixed-use with non-residential uses limited to less than 50% of the building's total floor area and not in a condominium ownership or not eligible for the Residential Condominium Building Association Policy form.
}}
{{collapsible-details
|number = 62
|title = [[File:Icon-info-grey.png|20px|link=]] Two to Four Family Dwelling
|content =
A residential building including an apartment building containing 2 or 4 residential spaces and in which commercial uses are limited to less than 25% of the building's total floor area.
}}
{{collapsible-details
|number = 63
|title = [[File:Icon-info-grey.png|20px|link=]] Manufactured/Mobile Home or Travel Trailer
|content =
A structure that is built on a permanent chassis, transported to its site in one or more sections and affixed to a permanent foundation.
Or a travel trailer without wheels that is built on a chassis and affixed to a permanent foundation and regulated under the community's floodplain management and building ordinances and laws.
}}
{{collapsible-details
|number = 64
|title = [[File:Icon-info-grey.png|20px|link=]] Residential Unit
|content =
A single-family residential unit or a mixed unit with non-residential uses limited to less than 50% of the total floor area located within a residential or non-residential condominium building.
A residential or non-residential building not in a condominium form of ownership. For example, an apartment building, a cooperative building or townhouse row house in a condominium ownership if the insured is a unit as opposed to the entire building.
}}
{{collapsible-details
|number = 65
|title = Building Description
|content =
Select the correct description based on the property type.
'''Main Dwelling''' 
A residential building that is the main dwelling on the property as opposed to any secondary dwelling such as a detached guest house.

'''Detached Guest House''' A secondary house that shares the building lot for a larger primary house.

'''Other Dwelling Type''' Description field to specify unique dwelling characteristics.
}}

}}

{{collapsible-section
|number = 7
|title = G. Step 5: Foundation Type
|content =
The '''Foundation Type''' step uses a series of radio buttons to help agents select the correct foundation type for the building. Clicking on a radio button displays images of foundation types, which can be clicked to finalize the selection. 
Agents must also answer a single question about the number of elevators in the building.

{{img-proc-nofrm
|file = File:Img-eq-app-06.png
|width = 500px
}}

The Foundation Type step uses a series of radio buttons to help agents select the correct foundation type for the building. Clicking on a radio button displays images of foundation types, which can be clicked to finalize the selection. Agents must also answer a single question about the number of elevators in the building.

For detailed guidance, visit the [[NFIP Foundations]] page.

{{collapsible-details
|number = 71
|title = [[File:Icon-info-grey.png|20px|link=]] Elevated Buildings with Finished Areas Below
|content =
If you are entering information from the elevation certificate or if you’re completing the elevation certificate, the diagram number shown or entered on page one A7 of the form should be diagram #6.
}}
{{collapsible-details
|number = 72
|title = [[File:Icon-info-grey.png|20px|link=]] Elevated Buildings with Enclosed Garages Below
|content =
If you are entering information from an elevation certificate or if you are completing an elevation certificate, the diagram numbers shown or entered on page one A7 of the form would be diagram #6.
}}
{{collapsible-details
|number = 73
|title = [[File:Icon-info-grey.png|20px|link=]] Flood Openings Requirements
|content =
To qualify for [[NFIP Proper Openings|flood opening discounts]], enclosures below elevated floors must meet the following requirements:
* For buildings with walls that are partially subgrade, there must be a minimum of two openings positioned on at least two exterior walls.
* For buildings with a single exterior wall at grade to the building (e.g., walkout basements), there must be a minimum of two openings positioned on the wall that is not below grade.
* The bottom of all openings must be no higher than one foot above the higher of the exterior or interior adjacent grade or floor immediately below the openings.
** Openings must have a total net area of not less than one square inch for every square foot of enclosed area.
}}

}}

{{collapsible-section
|number = 8
|title = H. Step 6: Elevation Certificate Information
|content =
The '''Elevation Certificate Information''' step requires agents to manually enter key details from an Elevation Certificate (EC).

This step collects information from an Elevation Certificate, a document typically completed by a licensed land surveyor but which may also be completed and submitted by the policyholder. For detailed guidance, visit the [[Elevation Certificate]] page.

{{collapsible-details
|number = 81
|title = Building Diagram Number
|content =
Use the dropdown menu to select the diagram number that matches the structure.
Example: Diagram #2A applies to buildings with basements or split-level structures.
If the required diagram is not listed, consult the [[NFIP Foundations]] page for guidance on identifying the correct type.
}}
{{collapsible-details
|number = 82
|title = Elevation Certificate Sections C, E, or H
|content =
Indicate the section of the Elevation Certificate (C, E, or H) where the data is recorded:
Section C: Enter elevation details for top/bottom floors, lowest/highest adjacent grades, and indicate the construction status (e.g., under construction, finished).
Section E: Provide similar data for buildings without basements or enclosures, specifying measurements above or below adjacent grades.
Section H: Include information about machinery or equipment servicing the building, such as whether it is elevated above the first floor.
}}
{{collapsible-details
|number = 83
|title = Troubleshooting Missing Diagram Numbers
|content =
If the building diagram number is not listed in the dropdown, cross-reference the [[NFIP Foundations]] page or consult community officials for additional documentation.
}}
{{collapsible-details
|number = 84
|title = Flood Proofing
|content =
If the community does not recognize flood-proofing certificates, the system will not allow this option. Ensure compliance with local regulations before proceeding.
}}

}}

{{collapsible-section
|number = 9
|title = I. Step 7: Qualifying Questions
|content = The '''Qualifying Questions''' step assesses the [[Eligibility for NFIP Coverage|building's eligibility]] for coverage with the National Flood Insurance Program (NFIP). Agents must confirm that the property meets specific structural and locational criteria, such as the building's structural makeup and location relative to bodies of water. 

<table class="wikitable">
<tr>
<th>Topic</th>
<th>Explanation</th>
</tr>
<tr>
<td>Is the building affixed to a permanent site?</td>
<td>Ensures the building is permanently affixed to a specific location to qualify for flood insurance. Find more information at [[Eligibility_for_NFIP_Coverage#Building Eligibility|Building Eligibility]].</td>
</tr>
<tr>
<td>Does the building have two or more outside rigid walls and a fully secured roof?</td>
<td>Verifies that the building meets minimum construction standards for coverage eligibility. This requirement is waived if the building is [[NFIP Coverage Exceptions#Under Construction|under construction]].</td>
</tr>
<tr>
<td>Does the building resist flotation, collapse, and lateral movement?</td>
<td>Confirms the building is designed to withstand flood-related forces like buoyancy or erosion. Find more information at [[Eligibility_for_NFIP_Coverage#Building Eligibility|Building Eligibility]].</td>
</tr>
<tr>
<td>Is the building located over water?</td>
<td>Checks if the building is over water, which affects coverage eligibility. Find more information at [[NFIP Coverage Exceptions#Buildings Over Water|NFIP Coverage Exceptions]].</td>
</tr>
<tr>
<td>Does at least 51% of the building’s actual cash value exist above ground?</td>
<td>Ensures that most of the building’s value, including equipment, is above ground level for coverage. Find more information at [[NFIP Coverage Exceptions#Buildings Below Ground|NFIP Coverage Exceptions]].</td>
</tr>
<tr>
<td>Is the building designed to use Earth as insulation?</td>
<td>Determines if the building uses Earth-based insulation techniques, which may impact insurability. Find more information at [[NFIP Coverage Exceptions#Buildings Below Ground|NFIP Coverage Exceptions]].</td>
</tr>
</table>


}}
{{collapsible-section
|number = 10
|title = J. Step 8: Coverage, Deductibles & Discounts
|content =
The '''Coverage, Deductibles & Discounts''' step allows agents to select policy coverage amounts, choose deductible options, and confirm discount eligibility for the applicant.

====Discount Eligibility====
Agents must answer questions to determine eligibility for specific NFIP discounts, such as:
* Prior policy status, including lapses for Newly Mapped or Pre-FIRM discounts.
* The elevation of essential equipment, such as air conditioners, water heaters, and elevator machinery, above the first-floor elevation.

}}

{{collapsible-section
|number = 11
|title = K. Step 9: Rates
|content =
The '''Rates''' step provides a summary of the total annual premium, itemized by coverage type and discounts, and collects final details needed to complete the application.

Agents must:
# Review the itemized premium amounts and verify accuracy.
# Enter any of the additional details:
#* Insured mailing address
#* Additional insureds
#* Mortgagee information
#* Agent of record
# Provide any additional relevant details in the text box for supplementary information.
# Electronically sign the document.

}}

==Next Steps==
Once all steps are finished, the NFIP Application is complete. 
'''The next step for Equinox to issue the policy would be to [[Submit Premium Payment|submit premium payment]].'''

{{nfip}}
[[Category:Application]]

Create NFIP Application

2024-12-19T23:17:28Z

TJ: verbiage the first box

{{info-nfip-sfip}}{{eq-proc-agent}}
{{box-summary
|color = orange
|title =
|text =
To create an application for NFIP flood insurance on the Equinox Platform, the user will login to the system. From the Agency or Underwriting Workspace, the user will access the REQUEST NEW QUOTE option at the top of the page. After completing the quote, the agent may add mortgagee information etc.to finish the application process if the client wishes to purchase the policy. Electronic payment and signature requiments enable electronic underwriting and policy issuance most of the time. For step by step assistance, click here.
}}

{{img-proc-nofrm
|file = File:Flow-eq-quote-overview.png
}}

The workflow shown above begins by entering basic property details and continues through collecting additional information about the building, coverage options, and flood zone determinations. At the "NFIP Rates" step, highlighted in green, agents can generate a '''preliminary quote''' based on the details provided. This allows the agent to review potential costs before signing the application and collecting premium.

{{box-summ
|color = grey
|title = [[File:Icon-info-grey.png|20px|link=]] Information Icons
|text =
Equinox has small information icons placed next to important sections or fields. When a user hovers over an icon, a small window provides extra details about that section. The messages from these icons can be found in the collapsible sections below.
}}

{{collapsible-section
|number = 1
|title = A. Request New Quote
|content =
To quote a property with the [[NFIP]], start in the [[Agency Workspace]]. 
{{img-proc-frm
|file = File:Img-eq-app-01.png
|width = 600px
}}
Select the "Request New Quote" button near the top of the page.
}}

{{collapsible-section
|number = 2
|title = B. Property Address
|content =
Enter the property address. A verified address should show from the first dropdown window. 
{{img-proc-frm
|file = File:Img-eq-app-02.png
|width = 400px
}}
Choose "NFIP Flood" from the second drop down window.
{{collapsible-details
|number = 21
|title = Troubleshooting the Property Address
|content =
Addresses must be selected before they are included on the application. The address entered by the agent is a search, the address result shown underneath will be used by the system after it is selected.

If the address will not return a result, then look it up with the '''[https://tools.usps.com/zip-code-lookup.htm United States Postal Service Address Tool]'''.
}}
}}

{{collapsible-section
|number = 3
|title = C. Step 1: Basic Information
|content =
After assigning the property address, the policy effective date and insured details must be entered. 
From this point forward, the right side of the page will show a page completion list with the quote/application progress.

{{img-proc-frm
|file = File:Img-eq-app-03.png
|width = 300px
}}

NFIP quotes are made in real time and rates are subject to change. All quotes must follow the NFIP waiting period rules assigned to new policies. For more information about each [[Waiting Periods|waiting period]] rule and how to calculate the application effective date, refer to the '''[[NFIP Effective Date Calculation]]'''.

{{collapsible-details
|number = 31
|title = [[File:Icon-info-grey.png|20px|link=]] NFIP Policy Effective Dates
|content =
An NFIP flood policy has a 30-day waiting period provided the premium and the application are received within 10 days of the agent sign date, unless one of the following exceptions apply:
* '''Map Revision:''' A 1-day waiting period may apply if there's been a map provision and the property was previously in a B, C, X, or D zone and is now in an A1 through A30 or V1 through V30 zone. The rezoning must have occurred no more than 13 months prior to today's date.
* '''Loan Exception:''' If this policy is being purchased to meet a lender requirement for a new purchase, loan closing, or the increasing, extending, or renewing of a loan, the policy will go into effect at the time of closing provided the application and premium are received in a timely manner.
* '''Post-Wildfire Exception:''' A 1-day waiting period applies if the insured property is privately owned and post-wildfire conditions on federal lands caused or worsened the flooding. The insured must have purchased the new policy or additional coverage on or before the fire containment date or during the 60 days following the containment date.
}}

{{collapsible-details
|number = 32
|title = Additional Policyholder Details
|content =
The [[NFIP Named Insured|policyholder]] should be identified as an individual or a legal entity, such as a trust. An additional co-insured (optional) can be added by clicking the slider option below the Insured Email Address.
}}
}}

{{collapsible-section
|number = 4
|title = D. Step 2: Third Party Data
|content =
The '''Third Party Data''' step pre-populates essential property details from public records. 
Agents should review all data for accuracy and manually input any missing or inaccurate information.

{{img-proc-frm
|file = File:Img-eq-app-04.png
|width = 500px
}}

{{collapsible-details
|number = 41
|title = [[File:Icon-info-grey.png|20px|link=]] Date of Construction
|content =
The date of construction is the date that the original building permit was issued, provided the actual start of construction was within 180 days of the permit date. If the applicant does not know the date the building permit was issued, enter January 1 as the date and month and provide the actual year of construction. If the year of construction is the same as the initial FIRM date, the exact day and month will be required.
}}
{{collapsible-details
|number = 42
|title = [[File:Icon-info-grey.png|20px|link=]] Number of Floors
|content =
Determine the building's number of floors based on the number of floors above the ground, excluding enclosures, crawl spaces which are both on grade or subgrade basements, and certain attics if only used for storage. For example:
* A building with a basement and one floor above ground is rated as having one floor.
* An elevated building with an enclosure either compliant or non-compliant and one additional floor above it is rated as having one floor.
Indicate the total number of floors in a multi-unit building, even if the policy will cover only an individual unit.
}}
{{collapsible-details
|number = 43
|title = [[File:Icon-info-grey.png|20px|link=]] Square Footage
|content =
For a single-family home, a residential manufactured mobile home, a residential unit, or two- to four-family building, provide the total finished living area. Do not include:
* Garage area
* Basement or enclosure area
* Porches or decks
For other types of buildings, include the square footage of stairwells and elevator shafts but exclude basements or mezzanines. If all floors are the same size, calculate the floor area first, then compute the gross floor area by multiplying the ground floor area by the number of floors.
}}
{{collapsible-details
|number = 44
|title = [[File:Icon-info-grey.png|20px|link=]] Building Replacement Cost Value
|content =
The building replacement cost is the cost to replace the building or unit, including the cost of the foundation for a building, not for a unit. The building replacement cost used for rating has no bearing on the amount of coverage the policyholder can select. If you do not agree with the replacement cost provided, update it accordingly. Supporting documentation requirements vary based on the type of building and its size, and the replacement cost must be validated every three years.
}}
{{collapsible-details
|number = 45
|title = [[File:Icon-info-grey.png|20px|link=]] Substantial Improvement Date
|content =
A substantially improved building is a building that has undergone reconstruction, rehabilitation, addition, or other improvement, the cost of which equals or exceeds 50% (or a lower threshold if adopted and enforced by the community) of the market value of the building for the start of construction. This does not include:
* Improvements to correct code violations
* Alterations to historic buildings that preserve their designation
}}
{{collapsible-details
|number = 46
|title = [[File:Icon-info-grey.png|20px|link=]] Construction Type
|content =
Select the construction type:
* Frame: First floor above ground level is constructed with wood or metal frame walls.
* Masonry: First floor above ground level is constructed with masonry, including brick or concrete block walls for the full story.
* Other: Includes mixed materials or specific exceptions like knee walls.
}}
{{collapsible-details
|number = 47
|title = CBRA/OPA
|content =
The bottom of the page shows the community information and confirms CBRS and OPA details.

'''NFIP Participating Community Information:''' This section shows NFIP community classifications and program details such as regular, emergency, non-participating, or suspended status.

'''Coastal Barriers and Protected Areas (CBRS/OPA):''' Yes/No fields determine if the property falls within Coastal Barriers Resource System (CBRS) or Otherwise Protected Areas (OPA). These options impact eligibility and policy requirements.
}}

}}

{{collapsible-section
|number = 5
|title = E. Step 3: Property Information
|content =
The '''Property Information''' step collects essential details about the property's residential use and the policy's interests.

{{collapsible-details
|number = 51
|title = Building Occupancy Type
|content =
NFIP divides Occupancy into one of two categories:
* Determine if the building is [[NFIP_Occupancy#Residential Occupancies|Residential]] or [[NFIP_Occupancy#Non-Residential Occupancies|Non-Residential]].
* Selection impacts additional questions and policy options.
}}
{{collapsible-details
|number = 52
|title = [[File:Icon-info-grey.png|20px|link=]] Detached Structures
|content =
Identify the number of detached structures at this location, even if they are not to be insured.
* Specify how many detached structures exist at the property address.
* The field defaults to "0" but can be adjusted using the arrow keys or by entering the number directly.

The dwelling form provides limited coverage for one detached garage that is not used for residential, commercial or agricultural purposes and at no more than 10 per cent of the limit of liability on the dwelling. If more than 10 per cent is needed, a separate policy will be required using the non-residential as the building type.
}}
{{collapsible-details
|number = 53
|title = Primary Residence
|content =
Corresponds to the question "Do either you or your spouse reside in this building for greater than 50% of the year?" 
Determines the appropriate HFIAA Surcharge
* Primary Residence: $25
* Non-primary Residence: $250
}}
{{collapsible-details
|number = 54
|title = [[File:Icon-info-grey.png|20px|link=]] Applicant's Insurable Interest
|content =
The interest the applicant has in the building determines the type of coverage available to them. 
A property owner may ensure both building and contents on the same policy. 
A tenant may not purchase building coverage unless the tenant has the rent to own or a lease agreement requiring them to insure the building. In this case, the building owner must be listed as an additional insured on the policy and any contents that the tenant wants to insure must be written on a separate policy.
}}
{{img-proc-frm
|file = File:Img-eq-app-05.png
|width = 400px
}}
{{collapsible-details
|number = 55
|title = [[File:Icon-info-grey.png|20px|link=]] Additions & Extensions
|content =
A single flood insurance policy covers an entire structure, including additions and extensions to the building, unless the [[NFIP Additions and Extensions|additions or extensions]] qualify for a separate policy and a separate policy is purchased when this happens.
}}

}}

{{collapsible-section
|number = 6
|title = F. Step 4: Building Type
|content =
The '''Building Type''' step allows agents to select the building's occupancy type and description. This step uses a button-based interface to simplify the process.
{{collapsible-details
|number = 61
|title = [[File:Icon-info-grey.png|20px|link=]] Single Family Dwelling
|content =
A single-family building, townhouse or row house that is residential or mixed-use with non-residential uses limited to less than 50% of the building's total floor area and not in a condominium ownership or not eligible for the Residential Condominium Building Association Policy form.
}}
{{collapsible-details
|number = 62
|title = [[File:Icon-info-grey.png|20px|link=]] Two to Four Family Dwelling
|content =
A residential building including an apartment building containing 2 or 4 residential spaces and in which commercial uses are limited to less than 25% of the building's total floor area.
}}
{{collapsible-details
|number = 63
|title = [[File:Icon-info-grey.png|20px|link=]] Manufactured/Mobile Home or Travel Trailer
|content =
A structure that is built on a permanent chassis, transported to its site in one or more sections and affixed to a permanent foundation.
Or a travel trailer without wheels that is built on a chassis and affixed to a permanent foundation and regulated under the community's floodplain management and building ordinances and laws.
}}
{{collapsible-details
|number = 64
|title = [[File:Icon-info-grey.png|20px|link=]] Residential Unit
|content =
A single-family residential unit or a mixed unit with non-residential uses limited to less than 50% of the total floor area located within a residential or non-residential condominium building.
A residential or non-residential building not in a condominium form of ownership. For example, an apartment building, a cooperative building or townhouse row house in a condominium ownership if the insured is a unit as opposed to the entire building.
}}
{{collapsible-details
|number = 65
|title = Building Description
|content =
Select the correct description based on the property type.
'''Main Dwelling''' 
A residential building that is the main dwelling on the property as opposed to any secondary dwelling such as a detached guest house.

'''Detached Guest House''' A secondary house that shares the building lot for a larger primary house.

'''Other Dwelling Type''' Description field to specify unique dwelling characteristics.
}}

}}

{{collapsible-section
|number = 7
|title = G. Step 5: Foundation Type
|content =
The '''Foundation Type''' step uses a series of radio buttons to help agents select the correct foundation type for the building. Clicking on a radio button displays images of foundation types, which can be clicked to finalize the selection. 
Agents must also answer a single question about the number of elevators in the building.

{{img-proc-nofrm
|file = File:Img-eq-app-06.png
|width = 500px
}}

The Foundation Type step uses a series of radio buttons to help agents select the correct foundation type for the building. Clicking on a radio button displays images of foundation types, which can be clicked to finalize the selection. Agents must also answer a single question about the number of elevators in the building.

For detailed guidance, visit the [[NFIP Foundations]] page.

{{collapsible-details
|number = 71
|title = [[File:Icon-info-grey.png|20px|link=]] Elevated Buildings with Finished Areas Below
|content =
If you are entering information from the elevation certificate or if you’re completing the elevation certificate, the diagram number shown or entered on page one A7 of the form should be diagram #6.
}}
{{collapsible-details
|number = 72
|title = [[File:Icon-info-grey.png|20px|link=]] Elevated Buildings with Enclosed Garages Below
|content =
If you are entering information from an elevation certificate or if you are completing an elevation certificate, the diagram numbers shown or entered on page one A7 of the form would be diagram #6.
}}
{{collapsible-details
|number = 73
|title = [[File:Icon-info-grey.png|20px|link=]] Flood Openings Requirements
|content =
To qualify for [[NFIP Proper Openings|flood opening discounts]], enclosures below elevated floors must meet the following requirements:
* For buildings with walls that are partially subgrade, there must be a minimum of two openings positioned on at least two exterior walls.
* For buildings with a single exterior wall at grade to the building (e.g., walkout basements), there must be a minimum of two openings positioned on the wall that is not below grade.
* The bottom of all openings must be no higher than one foot above the higher of the exterior or interior adjacent grade or floor immediately below the openings.
** Openings must have a total net area of not less than one square inch for every square foot of enclosed area.
}}

}}

{{collapsible-section
|number = 8
|title = H. Step 6: Elevation Certificate Information
|content =
The '''Elevation Certificate Information''' step requires agents to manually enter key details from an Elevation Certificate (EC).

This step collects information from an Elevation Certificate, a document typically completed by a licensed land surveyor but which may also be completed and submitted by the policyholder. For detailed guidance, visit the [[Elevation Certificate]] page.

{{collapsible-details
|number = 81
|title = Building Diagram Number
|content =
Use the dropdown menu to select the diagram number that matches the structure.
Example: Diagram #2A applies to buildings with basements or split-level structures.
If the required diagram is not listed, consult the [[NFIP Foundations]] page for guidance on identifying the correct type.
}}
{{collapsible-details
|number = 82
|title = Elevation Certificate Sections C, E, or H
|content =
Indicate the section of the Elevation Certificate (C, E, or H) where the data is recorded:
Section C: Enter elevation details for top/bottom floors, lowest/highest adjacent grades, and indicate the construction status (e.g., under construction, finished).
Section E: Provide similar data for buildings without basements or enclosures, specifying measurements above or below adjacent grades.
Section H: Include information about machinery or equipment servicing the building, such as whether it is elevated above the first floor.
}}
{{collapsible-details
|number = 83
|title = Troubleshooting Missing Diagram Numbers
|content =
If the building diagram number is not listed in the dropdown, cross-reference the [[NFIP Foundations]] page or consult community officials for additional documentation.
}}
{{collapsible-details
|number = 84
|title = Flood Proofing
|content =
If the community does not recognize flood-proofing certificates, the system will not allow this option. Ensure compliance with local regulations before proceeding.
}}

}}

{{collapsible-section
|number = 9
|title = I. Step 7: Qualifying Questions
|content = The '''Qualifying Questions''' step assesses the [[Eligibility for NFIP Coverage|building's eligibility]] for coverage with the National Flood Insurance Program (NFIP). Agents must confirm that the property meets specific structural and locational criteria, such as the building's structural makeup and location relative to bodies of water. 

<table class="wikitable">
<tr>
<th>Topic</th>
<th>Explanation</th>
</tr>
<tr>
<td>Is the building affixed to a permanent site?</td>
<td>Ensures the building is permanently affixed to a specific location to qualify for flood insurance. Find more information at [[Eligibility_for_NFIP_Coverage#Building Eligibility|Building Eligibility]].</td>
</tr>
<tr>
<td>Does the building have two or more outside rigid walls and a fully secured roof?</td>
<td>Verifies that the building meets minimum construction standards for coverage eligibility. This requirement is waived if the building is [[NFIP Coverage Exceptions#Under Construction|under construction]].</td>
</tr>
<tr>
<td>Does the building resist flotation, collapse, and lateral movement?</td>
<td>Confirms the building is designed to withstand flood-related forces like buoyancy or erosion. Find more information at [[Eligibility_for_NFIP_Coverage#Building Eligibility|Building Eligibility]].</td>
</tr>
<tr>
<td>Is the building located over water?</td>
<td>Checks if the building is over water, which affects coverage eligibility. Find more information at [[NFIP Coverage Exceptions#Buildings Over Water|NFIP Coverage Exceptions]].</td>
</tr>
<tr>
<td>Does at least 51% of the building’s actual cash value exist above ground?</td>
<td>Ensures that most of the building’s value, including equipment, is above ground level for coverage. Find more information at [[NFIP Coverage Exceptions#Buildings Below Ground|NFIP Coverage Exceptions]].</td>
</tr>
<tr>
<td>Is the building designed to use Earth as insulation?</td>
<td>Determines if the building uses Earth-based insulation techniques, which may impact insurability. Find more information at [[NFIP Coverage Exceptions#Buildings Below Ground|NFIP Coverage Exceptions]].</td>
</tr>
</table>


}}
{{collapsible-section
|number = 10
|title = J. Step 8: Coverage, Deductibles & Discounts
|content =
The '''Coverage, Deductibles & Discounts''' step allows agents to select policy coverage amounts, choose deductible options, and confirm discount eligibility for the applicant.

====Discount Eligibility====
Agents must answer questions to determine eligibility for specific NFIP discounts, such as:
* Prior policy status, including lapses for Newly Mapped or Pre-FIRM discounts.
* The elevation of essential equipment, such as air conditioners, water heaters, and elevator machinery, above the first-floor elevation.

}}

{{collapsible-section
|number = 11
|title = K. Step 9: Rates
|content =
The '''Rates''' step provides a summary of the total annual premium, itemized by coverage type and discounts, and collects final details needed to complete the application.

Agents must:
# Review the itemized premium amounts and verify accuracy.
# Enter any of the additional details:
#* Insured mailing address
#* Additional insureds
#* Mortgagee information
#* Agent of record
# Provide any additional relevant details in the text box for supplementary information.
# Electronically sign the document.

}}

==Next Steps==
Once all steps are finished, the NFIP Application is complete. 
'''The next step for Equinox to issue the policy would be to [[Submit Premium Payment|submit premium payment]].'''

{{nfip}}
[[Category:Application]]

Create NFIP Application

2024-12-19T23:14:21Z

TJ: wording in box

{{info-nfip-sfip}}{{eq-proc-agent}}
{{box-summary
|color = orange
|title =
|text =
To create an application for NFIP flood insurance on the Equinox Platform, an agent will login to the system. From the Agency or Underwriting Workspace, the user will access the REQUEST NEW QUOTE option at the top of the page. After completing the quote, the agent may add mortgagee information etc.if the client wishes to purchase the policy. Electronic payment and signature requiments enable electronic underwriting and policy issuance most of the time. For step by step assistance, click here.
}}

{{img-proc-nofrm
|file = File:Flow-eq-quote-overview.png
}}

The workflow shown above begins by entering basic property details and continues through collecting additional information about the building, coverage options, and flood zone determinations. At the "NFIP Rates" step, highlighted in green, agents can generate a '''preliminary quote''' based on the details provided. This allows the agent to review potential costs before signing the application and collecting premium.

{{box-summ
|color = grey
|title = [[File:Icon-info-grey.png|20px|link=]] Information Icons
|text =
Equinox has small information icons placed next to important sections or fields. When a user hovers over an icon, a small window provides extra details about that section. The messages from these icons can be found in the collapsible sections below.
}}

{{collapsible-section
|number = 1
|title = A. Request New Quote
|content =
To quote a property with the [[NFIP]], start in the [[Agency Workspace]]. 
{{img-proc-frm
|file = File:Img-eq-app-01.png
|width = 600px
}}
Select the "Request New Quote" button near the top of the page.
}}

{{collapsible-section
|number = 2
|title = B. Property Address
|content =
Enter the property address. A verified address should show from the first dropdown window. 
{{img-proc-frm
|file = File:Img-eq-app-02.png
|width = 400px
}}
Choose "NFIP Flood" from the second drop down window.
{{collapsible-details
|number = 21
|title = Troubleshooting the Property Address
|content =
Addresses must be selected before they are included on the application. The address entered by the agent is a search, the address result shown underneath will be used by the system after it is selected.

If the address will not return a result, then look it up with the '''[https://tools.usps.com/zip-code-lookup.htm United States Postal Service Address Tool]'''.
}}
}}

{{collapsible-section
|number = 3
|title = C. Step 1: Basic Information
|content =
After assigning the property address, the policy effective date and insured details must be entered. 
From this point forward, the right side of the page will show a page completion list with the quote/application progress.

{{img-proc-frm
|file = File:Img-eq-app-03.png
|width = 300px
}}

NFIP quotes are made in real time and rates are subject to change. All quotes must follow the NFIP waiting period rules assigned to new policies. For more information about each [[Waiting Periods|waiting period]] rule and how to calculate the application effective date, refer to the '''[[NFIP Effective Date Calculation]]'''.

{{collapsible-details
|number = 31
|title = [[File:Icon-info-grey.png|20px|link=]] NFIP Policy Effective Dates
|content =
An NFIP flood policy has a 30-day waiting period provided the premium and the application are received within 10 days of the agent sign date, unless one of the following exceptions apply:
* '''Map Revision:''' A 1-day waiting period may apply if there's been a map provision and the property was previously in a B, C, X, or D zone and is now in an A1 through A30 or V1 through V30 zone. The rezoning must have occurred no more than 13 months prior to today's date.
* '''Loan Exception:''' If this policy is being purchased to meet a lender requirement for a new purchase, loan closing, or the increasing, extending, or renewing of a loan, the policy will go into effect at the time of closing provided the application and premium are received in a timely manner.
* '''Post-Wildfire Exception:''' A 1-day waiting period applies if the insured property is privately owned and post-wildfire conditions on federal lands caused or worsened the flooding. The insured must have purchased the new policy or additional coverage on or before the fire containment date or during the 60 days following the containment date.
}}

{{collapsible-details
|number = 32
|title = Additional Policyholder Details
|content =
The [[NFIP Named Insured|policyholder]] should be identified as an individual or a legal entity, such as a trust. An additional co-insured (optional) can be added by clicking the slider option below the Insured Email Address.
}}
}}

{{collapsible-section
|number = 4
|title = D. Step 2: Third Party Data
|content =
The '''Third Party Data''' step pre-populates essential property details from public records. 
Agents should review all data for accuracy and manually input any missing or inaccurate information.

{{img-proc-frm
|file = File:Img-eq-app-04.png
|width = 500px
}}

{{collapsible-details
|number = 41
|title = [[File:Icon-info-grey.png|20px|link=]] Date of Construction
|content =
The date of construction is the date that the original building permit was issued, provided the actual start of construction was within 180 days of the permit date. If the applicant does not know the date the building permit was issued, enter January 1 as the date and month and provide the actual year of construction. If the year of construction is the same as the initial FIRM date, the exact day and month will be required.
}}
{{collapsible-details
|number = 42
|title = [[File:Icon-info-grey.png|20px|link=]] Number of Floors
|content =
Determine the building's number of floors based on the number of floors above the ground, excluding enclosures, crawl spaces which are both on grade or subgrade basements, and certain attics if only used for storage. For example:
* A building with a basement and one floor above ground is rated as having one floor.
* An elevated building with an enclosure either compliant or non-compliant and one additional floor above it is rated as having one floor.
Indicate the total number of floors in a multi-unit building, even if the policy will cover only an individual unit.
}}
{{collapsible-details
|number = 43
|title = [[File:Icon-info-grey.png|20px|link=]] Square Footage
|content =
For a single-family home, a residential manufactured mobile home, a residential unit, or two- to four-family building, provide the total finished living area. Do not include:
* Garage area
* Basement or enclosure area
* Porches or decks
For other types of buildings, include the square footage of stairwells and elevator shafts but exclude basements or mezzanines. If all floors are the same size, calculate the floor area first, then compute the gross floor area by multiplying the ground floor area by the number of floors.
}}
{{collapsible-details
|number = 44
|title = [[File:Icon-info-grey.png|20px|link=]] Building Replacement Cost Value
|content =
The building replacement cost is the cost to replace the building or unit, including the cost of the foundation for a building, not for a unit. The building replacement cost used for rating has no bearing on the amount of coverage the policyholder can select. If you do not agree with the replacement cost provided, update it accordingly. Supporting documentation requirements vary based on the type of building and its size, and the replacement cost must be validated every three years.
}}
{{collapsible-details
|number = 45
|title = [[File:Icon-info-grey.png|20px|link=]] Substantial Improvement Date
|content =
A substantially improved building is a building that has undergone reconstruction, rehabilitation, addition, or other improvement, the cost of which equals or exceeds 50% (or a lower threshold if adopted and enforced by the community) of the market value of the building for the start of construction. This does not include:
* Improvements to correct code violations
* Alterations to historic buildings that preserve their designation
}}
{{collapsible-details
|number = 46
|title = [[File:Icon-info-grey.png|20px|link=]] Construction Type
|content =
Select the construction type:
* Frame: First floor above ground level is constructed with wood or metal frame walls.
* Masonry: First floor above ground level is constructed with masonry, including brick or concrete block walls for the full story.
* Other: Includes mixed materials or specific exceptions like knee walls.
}}
{{collapsible-details
|number = 47
|title = CBRA/OPA
|content =
The bottom of the page shows the community information and confirms CBRS and OPA details.

'''NFIP Participating Community Information:''' This section shows NFIP community classifications and program details such as regular, emergency, non-participating, or suspended status.

'''Coastal Barriers and Protected Areas (CBRS/OPA):''' Yes/No fields determine if the property falls within Coastal Barriers Resource System (CBRS) or Otherwise Protected Areas (OPA). These options impact eligibility and policy requirements.
}}

}}

{{collapsible-section
|number = 5
|title = E. Step 3: Property Information
|content =
The '''Property Information''' step collects essential details about the property's residential use and the policy's interests.

{{collapsible-details
|number = 51
|title = Building Occupancy Type
|content =
NFIP divides Occupancy into one of two categories:
* Determine if the building is [[NFIP_Occupancy#Residential Occupancies|Residential]] or [[NFIP_Occupancy#Non-Residential Occupancies|Non-Residential]].
* Selection impacts additional questions and policy options.
}}
{{collapsible-details
|number = 52
|title = [[File:Icon-info-grey.png|20px|link=]] Detached Structures
|content =
Identify the number of detached structures at this location, even if they are not to be insured.
* Specify how many detached structures exist at the property address.
* The field defaults to "0" but can be adjusted using the arrow keys or by entering the number directly.

The dwelling form provides limited coverage for one detached garage that is not used for residential, commercial or agricultural purposes and at no more than 10 per cent of the limit of liability on the dwelling. If more than 10 per cent is needed, a separate policy will be required using the non-residential as the building type.
}}
{{collapsible-details
|number = 53
|title = Primary Residence
|content =
Corresponds to the question "Do either you or your spouse reside in this building for greater than 50% of the year?" 
Determines the appropriate HFIAA Surcharge
* Primary Residence: $25
* Non-primary Residence: $250
}}
{{collapsible-details
|number = 54
|title = [[File:Icon-info-grey.png|20px|link=]] Applicant's Insurable Interest
|content =
The interest the applicant has in the building determines the type of coverage available to them. 
A property owner may ensure both building and contents on the same policy. 
A tenant may not purchase building coverage unless the tenant has the rent to own or a lease agreement requiring them to insure the building. In this case, the building owner must be listed as an additional insured on the policy and any contents that the tenant wants to insure must be written on a separate policy.
}}
{{img-proc-frm
|file = File:Img-eq-app-05.png
|width = 400px
}}
{{collapsible-details
|number = 55
|title = [[File:Icon-info-grey.png|20px|link=]] Additions & Extensions
|content =
A single flood insurance policy covers an entire structure, including additions and extensions to the building, unless the [[NFIP Additions and Extensions|additions or extensions]] qualify for a separate policy and a separate policy is purchased when this happens.
}}

}}

{{collapsible-section
|number = 6
|title = F. Step 4: Building Type
|content =
The '''Building Type''' step allows agents to select the building's occupancy type and description. This step uses a button-based interface to simplify the process.
{{collapsible-details
|number = 61
|title = [[File:Icon-info-grey.png|20px|link=]] Single Family Dwelling
|content =
A single-family building, townhouse or row house that is residential or mixed-use with non-residential uses limited to less than 50% of the building's total floor area and not in a condominium ownership or not eligible for the Residential Condominium Building Association Policy form.
}}
{{collapsible-details
|number = 62
|title = [[File:Icon-info-grey.png|20px|link=]] Two to Four Family Dwelling
|content =
A residential building including an apartment building containing 2 or 4 residential spaces and in which commercial uses are limited to less than 25% of the building's total floor area.
}}
{{collapsible-details
|number = 63
|title = [[File:Icon-info-grey.png|20px|link=]] Manufactured/Mobile Home or Travel Trailer
|content =
A structure that is built on a permanent chassis, transported to its site in one or more sections and affixed to a permanent foundation.
Or a travel trailer without wheels that is built on a chassis and affixed to a permanent foundation and regulated under the community's floodplain management and building ordinances and laws.
}}
{{collapsible-details
|number = 64
|title = [[File:Icon-info-grey.png|20px|link=]] Residential Unit
|content =
A single-family residential unit or a mixed unit with non-residential uses limited to less than 50% of the total floor area located within a residential or non-residential condominium building.
A residential or non-residential building not in a condominium form of ownership. For example, an apartment building, a cooperative building or townhouse row house in a condominium ownership if the insured is a unit as opposed to the entire building.
}}
{{collapsible-details
|number = 65
|title = Building Description
|content =
Select the correct description based on the property type.
'''Main Dwelling''' 
A residential building that is the main dwelling on the property as opposed to any secondary dwelling such as a detached guest house.

'''Detached Guest House''' A secondary house that shares the building lot for a larger primary house.

'''Other Dwelling Type''' Description field to specify unique dwelling characteristics.
}}

}}

{{collapsible-section
|number = 7
|title = G. Step 5: Foundation Type
|content =
The '''Foundation Type''' step uses a series of radio buttons to help agents select the correct foundation type for the building. Clicking on a radio button displays images of foundation types, which can be clicked to finalize the selection. 
Agents must also answer a single question about the number of elevators in the building.

{{img-proc-nofrm
|file = File:Img-eq-app-06.png
|width = 500px
}}

The Foundation Type step uses a series of radio buttons to help agents select the correct foundation type for the building. Clicking on a radio button displays images of foundation types, which can be clicked to finalize the selection. Agents must also answer a single question about the number of elevators in the building.

For detailed guidance, visit the [[NFIP Foundations]] page.

{{collapsible-details
|number = 71
|title = [[File:Icon-info-grey.png|20px|link=]] Elevated Buildings with Finished Areas Below
|content =
If you are entering information from the elevation certificate or if you’re completing the elevation certificate, the diagram number shown or entered on page one A7 of the form should be diagram #6.
}}
{{collapsible-details
|number = 72
|title = [[File:Icon-info-grey.png|20px|link=]] Elevated Buildings with Enclosed Garages Below
|content =
If you are entering information from an elevation certificate or if you are completing an elevation certificate, the diagram numbers shown or entered on page one A7 of the form would be diagram #6.
}}
{{collapsible-details
|number = 73
|title = [[File:Icon-info-grey.png|20px|link=]] Flood Openings Requirements
|content =
To qualify for [[NFIP Proper Openings|flood opening discounts]], enclosures below elevated floors must meet the following requirements:
* For buildings with walls that are partially subgrade, there must be a minimum of two openings positioned on at least two exterior walls.
* For buildings with a single exterior wall at grade to the building (e.g., walkout basements), there must be a minimum of two openings positioned on the wall that is not below grade.
* The bottom of all openings must be no higher than one foot above the higher of the exterior or interior adjacent grade or floor immediately below the openings.
** Openings must have a total net area of not less than one square inch for every square foot of enclosed area.
}}

}}

{{collapsible-section
|number = 8
|title = H. Step 6: Elevation Certificate Information
|content =
The '''Elevation Certificate Information''' step requires agents to manually enter key details from an Elevation Certificate (EC).

This step collects information from an Elevation Certificate, a document typically completed by a licensed land surveyor but which may also be completed and submitted by the policyholder. For detailed guidance, visit the [[Elevation Certificate]] page.

{{collapsible-details
|number = 81
|title = Building Diagram Number
|content =
Use the dropdown menu to select the diagram number that matches the structure.
Example: Diagram #2A applies to buildings with basements or split-level structures.
If the required diagram is not listed, consult the [[NFIP Foundations]] page for guidance on identifying the correct type.
}}
{{collapsible-details
|number = 82
|title = Elevation Certificate Sections C, E, or H
|content =
Indicate the section of the Elevation Certificate (C, E, or H) where the data is recorded:
Section C: Enter elevation details for top/bottom floors, lowest/highest adjacent grades, and indicate the construction status (e.g., under construction, finished).
Section E: Provide similar data for buildings without basements or enclosures, specifying measurements above or below adjacent grades.
Section H: Include information about machinery or equipment servicing the building, such as whether it is elevated above the first floor.
}}
{{collapsible-details
|number = 83
|title = Troubleshooting Missing Diagram Numbers
|content =
If the building diagram number is not listed in the dropdown, cross-reference the [[NFIP Foundations]] page or consult community officials for additional documentation.
}}
{{collapsible-details
|number = 84
|title = Flood Proofing
|content =
If the community does not recognize flood-proofing certificates, the system will not allow this option. Ensure compliance with local regulations before proceeding.
}}

}}

{{collapsible-section
|number = 9
|title = I. Step 7: Qualifying Questions
|content = The '''Qualifying Questions''' step assesses the [[Eligibility for NFIP Coverage|building's eligibility]] for coverage with the National Flood Insurance Program (NFIP). Agents must confirm that the property meets specific structural and locational criteria, such as the building's structural makeup and location relative to bodies of water. 

<table class="wikitable">
<tr>
<th>Topic</th>
<th>Explanation</th>
</tr>
<tr>
<td>Is the building affixed to a permanent site?</td>
<td>Ensures the building is permanently affixed to a specific location to qualify for flood insurance. Find more information at [[Eligibility_for_NFIP_Coverage#Building Eligibility|Building Eligibility]].</td>
</tr>
<tr>
<td>Does the building have two or more outside rigid walls and a fully secured roof?</td>
<td>Verifies that the building meets minimum construction standards for coverage eligibility. This requirement is waived if the building is [[NFIP Coverage Exceptions#Under Construction|under construction]].</td>
</tr>
<tr>
<td>Does the building resist flotation, collapse, and lateral movement?</td>
<td>Confirms the building is designed to withstand flood-related forces like buoyancy or erosion. Find more information at [[Eligibility_for_NFIP_Coverage#Building Eligibility|Building Eligibility]].</td>
</tr>
<tr>
<td>Is the building located over water?</td>
<td>Checks if the building is over water, which affects coverage eligibility. Find more information at [[NFIP Coverage Exceptions#Buildings Over Water|NFIP Coverage Exceptions]].</td>
</tr>
<tr>
<td>Does at least 51% of the building’s actual cash value exist above ground?</td>
<td>Ensures that most of the building’s value, including equipment, is above ground level for coverage. Find more information at [[NFIP Coverage Exceptions#Buildings Below Ground|NFIP Coverage Exceptions]].</td>
</tr>
<tr>
<td>Is the building designed to use Earth as insulation?</td>
<td>Determines if the building uses Earth-based insulation techniques, which may impact insurability. Find more information at [[NFIP Coverage Exceptions#Buildings Below Ground|NFIP Coverage Exceptions]].</td>
</tr>
</table>


}}
{{collapsible-section
|number = 10
|title = J. Step 8: Coverage, Deductibles & Discounts
|content =
The '''Coverage, Deductibles & Discounts''' step allows agents to select policy coverage amounts, choose deductible options, and confirm discount eligibility for the applicant.

====Discount Eligibility====
Agents must answer questions to determine eligibility for specific NFIP discounts, such as:
* Prior policy status, including lapses for Newly Mapped or Pre-FIRM discounts.
* The elevation of essential equipment, such as air conditioners, water heaters, and elevator machinery, above the first-floor elevation.

}}

{{collapsible-section
|number = 11
|title = K. Step 9: Rates
|content =
The '''Rates''' step provides a summary of the total annual premium, itemized by coverage type and discounts, and collects final details needed to complete the application.

Agents must:
# Review the itemized premium amounts and verify accuracy.
# Enter any of the additional details:
#* Insured mailing address
#* Additional insureds
#* Mortgagee information
#* Agent of record
# Provide any additional relevant details in the text box for supplementary information.
# Electronically sign the document.

}}

==Next Steps==
Once all steps are finished, the NFIP Application is complete. 
'''The next step for Equinox to issue the policy would be to [[Submit Premium Payment|submit premium payment]].'''

{{nfip}}
[[Category:Application]]

Create NFIP Application

2024-12-19T22:13:05Z

TJ: Rewrote the text in the orange box

{{info-nfip-sfip}}{{eq-proc-agent}}
{{box-summary
|color = orange
|title =
|text =
To create an NFIP application on the Equinox Platform, an agent will login to the system. From the Agency Workspace, the agent will access the REQUEST NEW QUOTE option at the top of the page. After completing the quote, the agent may add mortgagee information etc. if the client wishes to purchase the policy. Electronic payment and signature requiments enable electronic underwriting and policy issuance most of the time. For step by step assistance, click here.
}}

{{img-proc-nofrm
|file = File:Flow-eq-quote-overview.png
}}

The workflow shown above begins by entering basic property details and continues through collecting additional information about the building, coverage options, and flood zone determinations. At the "NFIP Rates" step, highlighted in green, agents can generate a '''preliminary quote''' based on the details provided. This allows the agent to review potential costs before signing the application and collecting premium.

{{box-summ
|color = grey
|title = [[File:Icon-info-grey.png|20px|link=]] Information Icons
|text =
Equinox has small information icons placed next to important sections or fields. When a user hovers over an icon, a small window provides extra details about that section. The messages from these icons can be found in the collapsible sections below.
}}

{{collapsible-section
|number = 1
|title = A. Request New Quote
|content =
To quote a property with the [[NFIP]], start in the [[Agency Workspace]]. 
{{img-proc-frm
|file = File:Img-eq-app-01.png
|width = 600px
}}
Select the "Request New Quote" button near the top of the page.
}}

{{collapsible-section
|number = 2
|title = B. Property Address
|content =
Enter the property address. A verified address should show from the first dropdown window. 
{{img-proc-frm
|file = File:Img-eq-app-02.png
|width = 400px
}}
Choose "NFIP Flood" from the second drop down window.
{{collapsible-details
|number = 21
|title = Troubleshooting the Property Address
|content =
Addresses must be selected before they are included on the application. The address entered by the agent is a search, the address result shown underneath will be used by the system after it is selected.

If the address will not return a result, then look it up with the '''[https://tools.usps.com/zip-code-lookup.htm United States Postal Service Address Tool]'''.
}}
}}

{{collapsible-section
|number = 3
|title = C. Step 1: Basic Information
|content =
After assigning the property address, the policy effective date and insured details must be entered. 
From this point forward, the right side of the page will show a page completion list with the quote/application progress.

{{img-proc-frm
|file = File:Img-eq-app-03.png
|width = 300px
}}

NFIP quotes are made in real time and rates are subject to change. All quotes must follow the NFIP waiting period rules assigned to new policies. For more information about each [[Waiting Periods|waiting period]] rule and how to calculate the application effective date, refer to the '''[[NFIP Effective Date Calculation]]'''.

{{collapsible-details
|number = 31
|title = [[File:Icon-info-grey.png|20px|link=]] NFIP Policy Effective Dates
|content =
An NFIP flood policy has a 30-day waiting period provided the premium and the application are received within 10 days of the agent sign date, unless one of the following exceptions apply:
* '''Map Revision:''' A 1-day waiting period may apply if there's been a map provision and the property was previously in a B, C, X, or D zone and is now in an A1 through A30 or V1 through V30 zone. The rezoning must have occurred no more than 13 months prior to today's date.
* '''Loan Exception:''' If this policy is being purchased to meet a lender requirement for a new purchase, loan closing, or the increasing, extending, or renewing of a loan, the policy will go into effect at the time of closing provided the application and premium are received in a timely manner.
* '''Post-Wildfire Exception:''' A 1-day waiting period applies if the insured property is privately owned and post-wildfire conditions on federal lands caused or worsened the flooding. The insured must have purchased the new policy or additional coverage on or before the fire containment date or during the 60 days following the containment date.
}}

{{collapsible-details
|number = 32
|title = Additional Policyholder Details
|content =
The [[NFIP Named Insured|policyholder]] should be identified as an individual or a legal entity, such as a trust. An additional co-insured (optional) can be added by clicking the slider option below the Insured Email Address.
}}
}}

{{collapsible-section
|number = 4
|title = D. Step 2: Third Party Data
|content =
The '''Third Party Data''' step pre-populates essential property details from public records. 
Agents should review all data for accuracy and manually input any missing or inaccurate information.

{{img-proc-frm
|file = File:Img-eq-app-04.png
|width = 500px
}}

{{collapsible-details
|number = 41
|title = [[File:Icon-info-grey.png|20px|link=]] Date of Construction
|content =
The date of construction is the date that the original building permit was issued, provided the actual start of construction was within 180 days of the permit date. If the applicant does not know the date the building permit was issued, enter January 1 as the date and month and provide the actual year of construction. If the year of construction is the same as the initial FIRM date, the exact day and month will be required.
}}
{{collapsible-details
|number = 42
|title = [[File:Icon-info-grey.png|20px|link=]] Number of Floors
|content =
Determine the building's number of floors based on the number of floors above the ground, excluding enclosures, crawl spaces which are both on grade or subgrade basements, and certain attics if only used for storage. For example:
* A building with a basement and one floor above ground is rated as having one floor.
* An elevated building with an enclosure either compliant or non-compliant and one additional floor above it is rated as having one floor.
Indicate the total number of floors in a multi-unit building, even if the policy will cover only an individual unit.
}}
{{collapsible-details
|number = 43
|title = [[File:Icon-info-grey.png|20px|link=]] Square Footage
|content =
For a single-family home, a residential manufactured mobile home, a residential unit, or two- to four-family building, provide the total finished living area. Do not include:
* Garage area
* Basement or enclosure area
* Porches or decks
For other types of buildings, include the square footage of stairwells and elevator shafts but exclude basements or mezzanines. If all floors are the same size, calculate the floor area first, then compute the gross floor area by multiplying the ground floor area by the number of floors.
}}
{{collapsible-details
|number = 44
|title = [[File:Icon-info-grey.png|20px|link=]] Building Replacement Cost Value
|content =
The building replacement cost is the cost to replace the building or unit, including the cost of the foundation for a building, not for a unit. The building replacement cost used for rating has no bearing on the amount of coverage the policyholder can select. If you do not agree with the replacement cost provided, update it accordingly. Supporting documentation requirements vary based on the type of building and its size, and the replacement cost must be validated every three years.
}}
{{collapsible-details
|number = 45
|title = [[File:Icon-info-grey.png|20px|link=]] Substantial Improvement Date
|content =
A substantially improved building is a building that has undergone reconstruction, rehabilitation, addition, or other improvement, the cost of which equals or exceeds 50% (or a lower threshold if adopted and enforced by the community) of the market value of the building for the start of construction. This does not include:
* Improvements to correct code violations
* Alterations to historic buildings that preserve their designation
}}
{{collapsible-details
|number = 46
|title = [[File:Icon-info-grey.png|20px|link=]] Construction Type
|content =
Select the construction type:
* Frame: First floor above ground level is constructed with wood or metal frame walls.
* Masonry: First floor above ground level is constructed with masonry, including brick or concrete block walls for the full story.
* Other: Includes mixed materials or specific exceptions like knee walls.
}}
{{collapsible-details
|number = 47
|title = CBRA/OPA
|content =
The bottom of the page shows the community information and confirms CBRS and OPA details.

'''NFIP Participating Community Information:''' This section shows NFIP community classifications and program details such as regular, emergency, non-participating, or suspended status.

'''Coastal Barriers and Protected Areas (CBRS/OPA):''' Yes/No fields determine if the property falls within Coastal Barriers Resource System (CBRS) or Otherwise Protected Areas (OPA). These options impact eligibility and policy requirements.
}}

}}

{{collapsible-section
|number = 5
|title = E. Step 3: Property Information
|content =
The '''Property Information''' step collects essential details about the property's residential use and the policy's interests.

{{collapsible-details
|number = 51
|title = Building Occupancy Type
|content =
NFIP divides Occupancy into one of two categories:
* Determine if the building is [[NFIP_Occupancy#Residential Occupancies|Residential]] or [[NFIP_Occupancy#Non-Residential Occupancies|Non-Residential]].
* Selection impacts additional questions and policy options.
}}
{{collapsible-details
|number = 52
|title = [[File:Icon-info-grey.png|20px|link=]] Detached Structures
|content =
Identify the number of detached structures at this location, even if they are not to be insured.
* Specify how many detached structures exist at the property address.
* The field defaults to "0" but can be adjusted using the arrow keys or by entering the number directly.

The dwelling form provides limited coverage for one detached garage that is not used for residential, commercial or agricultural purposes and at no more than 10 per cent of the limit of liability on the dwelling. If more than 10 per cent is needed, a separate policy will be required using the non-residential as the building type.
}}
{{collapsible-details
|number = 53
|title = Primary Residence
|content =
Corresponds to the question "Do either you or your spouse reside in this building for greater than 50% of the year?" 
Determines the appropriate HFIAA Surcharge
* Primary Residence: $25
* Non-primary Residence: $250
}}
{{collapsible-details
|number = 54
|title = [[File:Icon-info-grey.png|20px|link=]] Applicant's Insurable Interest
|content =
The interest the applicant has in the building determines the type of coverage available to them. 
A property owner may ensure both building and contents on the same policy. 
A tenant may not purchase building coverage unless the tenant has the rent to own or a lease agreement requiring them to insure the building. In this case, the building owner must be listed as an additional insured on the policy and any contents that the tenant wants to insure must be written on a separate policy.
}}
{{img-proc-frm
|file = File:Img-eq-app-05.png
|width = 400px
}}
{{collapsible-details
|number = 55
|title = [[File:Icon-info-grey.png|20px|link=]] Additions & Extensions
|content =
A single flood insurance policy covers an entire structure, including additions and extensions to the building, unless the [[NFIP Additions and Extensions|additions or extensions]] qualify for a separate policy and a separate policy is purchased when this happens.
}}

}}

{{collapsible-section
|number = 6
|title = F. Step 4: Building Type
|content =
The '''Building Type''' step allows agents to select the building's occupancy type and description. This step uses a button-based interface to simplify the process.
{{collapsible-details
|number = 61
|title = [[File:Icon-info-grey.png|20px|link=]] Single Family Dwelling
|content =
A single-family building, townhouse or row house that is residential or mixed-use with non-residential uses limited to less than 50% of the building's total floor area and not in a condominium ownership or not eligible for the Residential Condominium Building Association Policy form.
}}
{{collapsible-details
|number = 62
|title = [[File:Icon-info-grey.png|20px|link=]] Two to Four Family Dwelling
|content =
A residential building including an apartment building containing 2 or 4 residential spaces and in which commercial uses are limited to less than 25% of the building's total floor area.
}}
{{collapsible-details
|number = 63
|title = [[File:Icon-info-grey.png|20px|link=]] Manufactured/Mobile Home or Travel Trailer
|content =
A structure that is built on a permanent chassis, transported to its site in one or more sections and affixed to a permanent foundation.
Or a travel trailer without wheels that is built on a chassis and affixed to a permanent foundation and regulated under the community's floodplain management and building ordinances and laws.
}}
{{collapsible-details
|number = 64
|title = [[File:Icon-info-grey.png|20px|link=]] Residential Unit
|content =
A single-family residential unit or a mixed unit with non-residential uses limited to less than 50% of the total floor area located within a residential or non-residential condominium building.
A residential or non-residential building not in a condominium form of ownership. For example, an apartment building, a cooperative building or townhouse row house in a condominium ownership if the insured is a unit as opposed to the entire building.
}}
{{collapsible-details
|number = 65
|title = Building Description
|content =
Select the correct description based on the property type.
'''Main Dwelling''' 
A residential building that is the main dwelling on the property as opposed to any secondary dwelling such as a detached guest house.

'''Detached Guest House''' A secondary house that shares the building lot for a larger primary house.

'''Other Dwelling Type''' Description field to specify unique dwelling characteristics.
}}

}}

{{collapsible-section
|number = 7
|title = G. Step 5: Foundation Type
|content =
The '''Foundation Type''' step uses a series of radio buttons to help agents select the correct foundation type for the building. Clicking on a radio button displays images of foundation types, which can be clicked to finalize the selection. 
Agents must also answer a single question about the number of elevators in the building.

{{img-proc-nofrm
|file = File:Img-eq-app-06.png
|width = 500px
}}

The Foundation Type step uses a series of radio buttons to help agents select the correct foundation type for the building. Clicking on a radio button displays images of foundation types, which can be clicked to finalize the selection. Agents must also answer a single question about the number of elevators in the building.

For detailed guidance, visit the [[NFIP Foundations]] page.

{{collapsible-details
|number = 71
|title = [[File:Icon-info-grey.png|20px|link=]] Elevated Buildings with Finished Areas Below
|content =
If you are entering information from the elevation certificate or if you’re completing the elevation certificate, the diagram number shown or entered on page one A7 of the form should be diagram #6.
}}
{{collapsible-details
|number = 72
|title = [[File:Icon-info-grey.png|20px|link=]] Elevated Buildings with Enclosed Garages Below
|content =
If you are entering information from an elevation certificate or if you are completing an elevation certificate, the diagram numbers shown or entered on page one A7 of the form would be diagram #6.
}}
{{collapsible-details
|number = 73
|title = [[File:Icon-info-grey.png|20px|link=]] Flood Openings Requirements
|content =
To qualify for [[NFIP Proper Openings|flood opening discounts]], enclosures below elevated floors must meet the following requirements:
* For buildings with walls that are partially subgrade, there must be a minimum of two openings positioned on at least two exterior walls.
* For buildings with a single exterior wall at grade to the building (e.g., walkout basements), there must be a minimum of two openings positioned on the wall that is not below grade.
* The bottom of all openings must be no higher than one foot above the higher of the exterior or interior adjacent grade or floor immediately below the openings.
** Openings must have a total net area of not less than one square inch for every square foot of enclosed area.
}}

}}

{{collapsible-section
|number = 8
|title = H. Step 6: Elevation Certificate Information
|content =
The '''Elevation Certificate Information''' step requires agents to manually enter key details from an Elevation Certificate (EC).

This step collects information from an Elevation Certificate, a document typically completed by a licensed land surveyor but which may also be completed and submitted by the policyholder. For detailed guidance, visit the [[Elevation Certificate]] page.

{{collapsible-details
|number = 81
|title = Building Diagram Number
|content =
Use the dropdown menu to select the diagram number that matches the structure.
Example: Diagram #2A applies to buildings with basements or split-level structures.
If the required diagram is not listed, consult the [[NFIP Foundations]] page for guidance on identifying the correct type.
}}
{{collapsible-details
|number = 82
|title = Elevation Certificate Sections C, E, or H
|content =
Indicate the section of the Elevation Certificate (C, E, or H) where the data is recorded:
Section C: Enter elevation details for top/bottom floors, lowest/highest adjacent grades, and indicate the construction status (e.g., under construction, finished).
Section E: Provide similar data for buildings without basements or enclosures, specifying measurements above or below adjacent grades.
Section H: Include information about machinery or equipment servicing the building, such as whether it is elevated above the first floor.
}}
{{collapsible-details
|number = 83
|title = Troubleshooting Missing Diagram Numbers
|content =
If the building diagram number is not listed in the dropdown, cross-reference the [[NFIP Foundations]] page or consult community officials for additional documentation.
}}
{{collapsible-details
|number = 84
|title = Flood Proofing
|content =
If the community does not recognize flood-proofing certificates, the system will not allow this option. Ensure compliance with local regulations before proceeding.
}}

}}

{{collapsible-section
|number = 9
|title = I. Step 7: Qualifying Questions
|content = The '''Qualifying Questions''' step assesses the [[Eligibility for NFIP Coverage|building's eligibility]] for coverage with the National Flood Insurance Program (NFIP). Agents must confirm that the property meets specific structural and locational criteria, such as the building's structural makeup and location relative to bodies of water. 

<table class="wikitable">
<tr>
<th>Topic</th>
<th>Explanation</th>
</tr>
<tr>
<td>Is the building affixed to a permanent site?</td>
<td>Ensures the building is permanently affixed to a specific location to qualify for flood insurance. Find more information at [[Eligibility_for_NFIP_Coverage#Building Eligibility|Building Eligibility]].</td>
</tr>
<tr>
<td>Does the building have two or more outside rigid walls and a fully secured roof?</td>
<td>Verifies that the building meets minimum construction standards for coverage eligibility. This requirement is waived if the building is [[NFIP Coverage Exceptions#Under Construction|under construction]].</td>
</tr>
<tr>
<td>Does the building resist flotation, collapse, and lateral movement?</td>
<td>Confirms the building is designed to withstand flood-related forces like buoyancy or erosion. Find more information at [[Eligibility_for_NFIP_Coverage#Building Eligibility|Building Eligibility]].</td>
</tr>
<tr>
<td>Is the building located over water?</td>
<td>Checks if the building is over water, which affects coverage eligibility. Find more information at [[NFIP Coverage Exceptions#Buildings Over Water|NFIP Coverage Exceptions]].</td>
</tr>
<tr>
<td>Does at least 51% of the building’s actual cash value exist above ground?</td>
<td>Ensures that most of the building’s value, including equipment, is above ground level for coverage. Find more information at [[NFIP Coverage Exceptions#Buildings Below Ground|NFIP Coverage Exceptions]].</td>
</tr>
<tr>
<td>Is the building designed to use Earth as insulation?</td>
<td>Determines if the building uses Earth-based insulation techniques, which may impact insurability. Find more information at [[NFIP Coverage Exceptions#Buildings Below Ground|NFIP Coverage Exceptions]].</td>
</tr>
</table>


}}
{{collapsible-section
|number = 10
|title = J. Step 8: Coverage, Deductibles & Discounts
|content =
The '''Coverage, Deductibles & Discounts''' step allows agents to select policy coverage amounts, choose deductible options, and confirm discount eligibility for the applicant.

====Discount Eligibility====
Agents must answer questions to determine eligibility for specific NFIP discounts, such as:
* Prior policy status, including lapses for Newly Mapped or Pre-FIRM discounts.
* The elevation of essential equipment, such as air conditioners, water heaters, and elevator machinery, above the first-floor elevation.

}}

{{collapsible-section
|number = 11
|title = K. Step 9: Rates
|content =
The '''Rates''' step provides a summary of the total annual premium, itemized by coverage type and discounts, and collects final details needed to complete the application.

Agents must:
# Review the itemized premium amounts and verify accuracy.
# Enter any of the additional details:
#* Insured mailing address
#* Additional insureds
#* Mortgagee information
#* Agent of record
# Provide any additional relevant details in the text box for supplementary information.
# Electronically sign the document.

}}

==Next Steps==
Once all steps are finished, the NFIP Application is complete. 
'''The next step for Equinox to issue the policy would be to [[Submit Premium Payment|submit premium payment]].'''

{{nfip}}
[[Category:Application]]

Submit Change to Mortgagee Clause

2024-12-19T21:08:22Z

TJ: Added loan number

{{info-nfip-sfip}}{{eq-proc-agent}}
{{box-summary
|color = blue
|title =
|text = This procedure explains how agents or insureds can request changes to the mortgagee clause on an NFIP policy using the Equinox platform. Changes to the mortgagee clause may include updating the mortgagee’s name, address, loan number or adding or removing a mortgagee. Incorrect mortgagee information is a common cause of claim payment delay.
}}
{{clear}}
== Procedural Steps ==
{{collapsible-section
|number = 1
|title = 1. Prepare for the Change Request
|content =
* Gather the following information:
* Policy number
* Current mortgagee details
* Requested updates (e.g., new mortgagee name, address, or removal of a mortgagee)
}}
{{collapsible-section
|number = 2
|title = 2. Access the Change Request Menu
|content =
* Log in to the Equinox platform and navigate to the "Policy Actions" menu.
* Select "Change Mortgagee Clause" to open the request form.
}}
{{collapsible-section
|number = 3
|title = 3. Enter the Requested Changes
|content =
* Update the mortgagee details as required, such as:
* Adding a new mortgagee or loan number
* Updating contact details for an existing mortgagee
* Removing a mortgagee from the policy
* Ensure all changes align with NFIP guidelines and reflect the policyholder’s instructions.
}}
{{collapsible-section
|number = 4
|title = 4. Review and Submit
|content =
* Review the request for accuracy and completeness.
* Submit the mortgagee clause change through the Equinox platform for processing.
}}
== Additional Details ==
* '''NFIP Guidelines Reference''': Guidance on mortgagee clause changes, including documentation and timeline requirements.
* '''Equinox Quick Guide''': Instructions for submitting mortgagee clause changes in the platform.
* '''FAQs for Agents''': Common questions about mortgagee clause changes (e.g., "What happens if the mortgagee details are incorrect on the policy?").

{{needsedit}}
{{line-nfip-endorse}}

Submit Change to Mortgagee Clause

2024-12-19T21:05:28Z

TJ: Wording in the box

{{info-nfip-sfip}}{{eq-proc-agent}}
{{box-summary
|color = blue
|title =
|text = This procedure explains how agents or insureds can request changes to the mortgagee clause on an NFIP policy using the Equinox platform. Changes to the mortgagee clause may include updating the mortgagee’s name, address, loan number or adding or removing a mortgagee. Incorrect mortgagee information is a common cause of claim payment delay.
}}
{{clear}}
== Procedural Steps ==
{{collapsible-section
|number = 1
|title = 1. Prepare for the Change Request
|content =
* Gather the following information:
* Policy number
* Current mortgagee details
* Requested updates (e.g., new mortgagee name, address, or removal of a mortgagee)
}}
{{collapsible-section
|number = 2
|title = 2. Access the Change Request Menu
|content =
* Log in to the Equinox platform and navigate to the "Policy Actions" menu.
* Select "Change Mortgagee Clause" to open the request form.
}}
{{collapsible-section
|number = 3
|title = 3. Enter the Requested Changes
|content =
* Update the mortgagee details as required, such as:
* Adding a new mortgagee
* Updating contact details for an existing mortgagee
* Removing a mortgagee from the policy
* Ensure all changes align with NFIP guidelines and reflect the policyholder’s instructions.
}}
{{collapsible-section
|number = 4
|title = 4. Review and Submit
|content =
* Review the request for accuracy and completeness.
* Submit the mortgagee clause change through the Equinox platform for processing.
}}
== Additional Details ==
* '''NFIP Guidelines Reference''': Guidance on mortgagee clause changes, including documentation and timeline requirements.
* '''Equinox Quick Guide''': Instructions for submitting mortgagee clause changes in the platform.
* '''FAQs for Agents''': Common questions about mortgagee clause changes (e.g., "What happens if the mortgagee details are incorrect on the policy?").

{{needsedit}}
{{line-nfip-endorse}}

Submit Change to NFIP Insured

2024-12-19T19:09:10Z

TJ: /* Types of Insured Name Changes */updated

{{info-nfip-sfip}}
{{eq-proc-agent}}
{{box-summary
|color = blue
|title =
|text = This procedure explains how agents can request a change to the insured name on an NFIP policy using the Equinox platform. Insured name changes may include correcting errors, adding or removing a co-insured, or updating the name due to legal changes. Agents must provide accurate information and supporting documentation to process the request.
}}
== Types of Insured Name Changes ==
{| class="wikitable uw-details"
!'''Type'''
!'''Description'''
!'''Required Documentation'''
!'''Effective Date Rule'''
|-
|'''Name Correction'''
|The insurable interest does not change, but the policyholder’s name is incorrect.
|Signed policyholder request for correction.
|Effective from the inception date of the current term.
|-
|'''Adding a Name'''
|An additional policyholder is being added to the policy.
|Existing policyholder’s signed authorization for addition.
|Effective from the date of request.
|-
|'''Removing a Name'''
|An existing name is being removed, which may affect insurable interest.
|The signature of the policyholder that is being removed is required. In the case of a death or divorce, a death certificate or the divorce decree may be used in lieu of the signature.
|Effective from the date of request.
|-
|'''Policy Assignment'''
|Transferring insurable interest to a new policyholder and removing the current one.
|The change form/endorsemnt must be signed by the seller on or before the closing date. If the prior owner used the property as their primary residence, the new owner must provide primary residence documentation.
|Effective from the date of transfer.
|-
|'''Updating a Name'''
|The policyholder’s name is updated due to legal reasons (e.g., marriage, divorce).
|A copy of the marriage certificate, divorce decree or other document substanciating the change of the insured name is required.
|Effective from the date of legal change.
|}
{{clear}}
== Procedural Steps ==
{{collapsible-section
|number = 1
|title = 1. Access the Policy Record in Equinox
|content =
* Log in to the Equinox platform and locate the policy requiring the insured name change.
* Click the **Policy Changes** option in the **Policy Actions** block on the right-hand side of the page.
* Select **Insured Name Change** to open the insured name change request form.
}}
{{collapsible-section
|number = 2
|title = 2. Enter the Requested Changes
|content =
* Update the insured name details directly in the system, including:
* Corrections to the name
* Addition or removal of co-insureds
* Updates due to legal name changes
* Ensure all changes align with NFIP guidelines and reflect the policyholder’s instructions.
}}
{{collapsible-section
|number = 3
|title = 3. Submit the Name Change Request
|content =
* Review the updated details for accuracy and completeness.
* Submit the insured name change request for processing.
}}
{{collapsible-section
|number = 4
|title = 4. Confirm Submission
|content =
* Review the submission confirmation to ensure the request has been processed.
* Notify the policyholder of the successful name change.
}}
== Additional Details ==
* '''NFIP Guidelines Reference''': Guidance on insured name changes, including required documentation and timelines.
* '''Equinox Quick Guide''': Instructions for submitting insured name changes in the platform.
* '''FAQs for Agents''': Common questions about insured name changes (e.g., "What happens if the request is missing required documents?").

{{needsedit}}
{{line-nfip-endorse}}

Submit Change to NFIP Insured

2024-12-19T18:56:18Z

TJ: updated * Types of Insured Name Changes */

{{info-nfip-sfip}}
{{eq-proc-agent}}
{{box-summary
|color = blue
|title =
|text = This procedure explains how agents can request a change to the insured name on an NFIP policy using the Equinox platform. Insured name changes may include correcting errors, adding or removing a co-insured, or updating the name due to legal changes. Agents must provide accurate information and supporting documentation to process the request.
}}
== Types of Insured Name Changes ==
{| class="wikitable uw-details"
!'''Type'''
!'''Description'''
!'''Required Documentation'''
!'''Effective Date Rule'''
|-
|'''Name Correction'''
|The insurable interest does not change, but the policyholder’s name is incorrect.
|Signed policyholder request for correction.
|Effective from the inception date of the current term.
|-
|'''Adding a Name'''
|An additional policyholder is being added to the policy.
|Existing policyholder’s signed authorization for addition.
|Effective from the date of request.
|-
|'''Removing a Name'''
|An existing name is being removed, which may affect insurable interest.
|The signature of the policyholder that is being removed is required. In the case of a death or divorce, a death certificate or the divorce decree may be used in lieu of the signature.
|Effective from the date of request.
|-
|'''Policy Assignment'''
|Transferring insurable interest to a new policyholder and removing the current one.
|Proof of ownership transfer and authorization by both parties.
|Effective from the date of transfer.
|-
|'''Updating a Name'''
|The policyholder’s name is updated due to legal reasons (e.g., marriage, divorce).
|Legal documentation (e.g., marriage certificate, court order).
|Effective from the date of legal change.
|}
{{clear}}
== Procedural Steps ==
{{collapsible-section
|number = 1
|title = 1. Access the Policy Record in Equinox
|content =
* Log in to the Equinox platform and locate the policy requiring the insured name change.
* Click the **Policy Changes** option in the **Policy Actions** block on the right-hand side of the page.
* Select **Insured Name Change** to open the insured name change request form.
}}
{{collapsible-section
|number = 2
|title = 2. Enter the Requested Changes
|content =
* Update the insured name details directly in the system, including:
* Corrections to the name
* Addition or removal of co-insureds
* Updates due to legal name changes
* Ensure all changes align with NFIP guidelines and reflect the policyholder’s instructions.
}}
{{collapsible-section
|number = 3
|title = 3. Submit the Name Change Request
|content =
* Review the updated details for accuracy and completeness.
* Submit the insured name change request for processing.
}}
{{collapsible-section
|number = 4
|title = 4. Confirm Submission
|content =
* Review the submission confirmation to ensure the request has been processed.
* Notify the policyholder of the successful name change.
}}
== Additional Details ==
* '''NFIP Guidelines Reference''': Guidance on insured name changes, including required documentation and timelines.
* '''Equinox Quick Guide''': Instructions for submitting insured name changes in the platform.
* '''FAQs for Agents''': Common questions about insured name changes (e.g., "What happens if the request is missing required documents?").

{{needsedit}}
{{line-nfip-endorse}}

Submit Change to NFIP Insured

2024-12-19T17:14:35Z

TJ: Wording in the required documentation section.

{{info-nfip-sfip}}
{{eq-proc-agent}}
{{box-summary
|color = blue
|title =
|text = This procedure explains how agents can request a change to the insured name on an NFIP policy using the Equinox platform. Insured name changes may include correcting errors, adding or removing a co-insured, or updating the name due to legal changes. Agents must provide accurate information and supporting documentation to process the request.
}}
== Types of Insured Name Changes ==
{| class="wikitable uw-details"
!'''Type'''
!'''Description'''
!'''Required Documentation'''
!'''Effective Date Rule'''
|-
|'''Name Correction'''
|The insurable interest does not change, but the policyholder’s name is incorrect.
|Signed policyholder request for correction.
|Effective from the inception date of the current term.
|-
|'''Adding a Name'''
|An additional policyholder is being added to the policy.
|Existing policyholder’s signed authorization for addition.
|Effective from the date of request.
|-
|'''Removing a Name'''
|An existing name is being removed, which may affect insurable interest.
|The signature of the policyholder that is being removed is required
|Effective from the date of request.
|-
|'''Policy Assignment'''
|Transferring insurable interest to a new policyholder and removing the current one.
|Proof of ownership transfer and authorization by both parties.
|Effective from the date of transfer.
|-
|'''Updating a Name'''
|The policyholder’s name is updated due to legal reasons (e.g., marriage, divorce).
|Legal documentation (e.g., marriage certificate, court order).
|Effective from the date of legal change.
|}
{{clear}}
== Procedural Steps ==
{{collapsible-section
|number = 1
|title = 1. Access the Policy Record in Equinox
|content =
* Log in to the Equinox platform and locate the policy requiring the insured name change.
* Click the **Policy Changes** option in the **Policy Actions** block on the right-hand side of the page.
* Select **Insured Name Change** to open the insured name change request form.
}}
{{collapsible-section
|number = 2
|title = 2. Enter the Requested Changes
|content =
* Update the insured name details directly in the system, including:
* Corrections to the name
* Addition or removal of co-insureds
* Updates due to legal name changes
* Ensure all changes align with NFIP guidelines and reflect the policyholder’s instructions.
}}
{{collapsible-section
|number = 3
|title = 3. Submit the Name Change Request
|content =
* Review the updated details for accuracy and completeness.
* Submit the insured name change request for processing.
}}
{{collapsible-section
|number = 4
|title = 4. Confirm Submission
|content =
* Review the submission confirmation to ensure the request has been processed.
* Notify the policyholder of the successful name change.
}}
== Additional Details ==
* '''NFIP Guidelines Reference''': Guidance on insured name changes, including required documentation and timelines.
* '''Equinox Quick Guide''': Instructions for submitting insured name changes in the platform.
* '''FAQs for Agents''': Common questions about insured name changes (e.g., "What happens if the request is missing required documents?").

{{needsedit}}
{{line-nfip-endorse}}

NFIP Corrections

2024-12-17T18:37:40Z

TJ: multiple changes to correct verbiage

{{info-nfip-sfip}}
'''NFIP corrections''' are a type of policy change used to amend errors or inaccuracies in an NFIP policy. These corrections apply retroactively to the policy's inception date and can result in additional premiums being charged or refunds issued. Corrections may also involve unique processes, such as cancel/rewrite transactions for effective date adjustments.

=== Purpose of NFIP Corrections ===
NFIP corrections address inaccuracies or changes to key policy details. They ensure:

* Policies remain accurate and compliant with NFIP guidelines.
* Coverage reflects the correct details of the insured property and policyholder.
* Premium adjustments are applied when necessary.

=== Common Uses of NFIP Corrections ===

# '''Property Address Corrections'''
#* Updates to errors or inaccuracies in the insured property address.
# '''Effective Date Amendments'''
#* Adjustments to the policy's effective date, typically requiring a '''Cancel/Rewrite''' process (Cancellation Reason Code 22).
# '''Named Insured Corrections'''
#* Fixes to the spelling, format, or details of the policyholder’s name.
# '''Rating Detail Adjustments'''
#* Changes to elements affecting the policy premium, such as foundation type or elevation details.

== NFIP Corrections Processing ==
Corrections involve the following steps:

==== 1. Identify the Error ====

* Review the policy and associated documentation to confirm the details requiring correction.
* Obtain supporting evidence (e.g., address verification, elevation certificate).

==== 2. Process the Correction ====

* Submit the correction as an endorsement, ensuring the date the error occured remains the effective date for the correction.
* For effective date adjustments, initiate a '''Cancel/Rewrite''' transaction:
** Use '''Cancellation Reason Code 22''' to terminate the original policy and rewrite it with the amended effective date.

==== 3. Calculate Premium Adjustments ====

* Corrections may result in:
** '''Additional Premium''': Charged when corrections increase the risk or coverage.
** '''Refund of Premium''': Issued when corrections reduce the policy cost.

==== 4. Notify Stakeholders ====

* Provide the updated policy details to the policyholder.
* Communicate changes to the agent, insured, mortgagees and any other stakeholders.

=== Key Considerations ===

* '''Transaction Types''': Some corrections require a different process than standard endorsements, such as cancel/rewrite for effective date changes.
* '''Documentation Requirements''': Ensure all supporting documents have been uploaded into the Documents section of the Policy Record on Equinox.
* '''Timeliness''': Corrections must be initiated as soon as the error is identified to avoid complications.
* '''Premium Adjustments''': Any additional or returned premiums must be processed promptly to maintain compliance with NFIP guidelines.

{{line-nfip-endorse}}

NFIP Elevation Certificate

2024-12-16T22:19:44Z

TJ:

'''''ECs are optional for NFIP insurance.'''''

Elevation Certificates (ECs) were designed to provide detailed elevation data that was used to identify a building's floor elevation position relative to an established floodplain. Elevation Certificates are required for LOMA applications. They can also be used to record the [[First Floor Height]] (FFH) measurement.

''ECs are optional for NFIP insurance.''

Elevation Certificates were designed to provide detailed elevation data showing the relationship between the Base Flood Elevation and the Lowest Floor Elevation using elevations relative to sea level. Now, they are used to determine the difference between the gound and the lowest floor of the building.

''ECs are now optional for NFIP insurance regardless of the flood zone or whether the building is Post-FIRM or Pre-FIRM. Additionally, it is no longer a requirement for an elevation certificate to be completed by a licensed surveyor or engineer. Section H of the new elevation certificate form can be completed by the insured, or a representative of the insured or the agent which eliminates the cost.''{{call-eq
|message = Use Equinox to Complete an EC
}}

== Required Information ==

'''Property Address''':
* Used to identify the building and/or geolocation
* The owner's name is not required, as the EC is part of the public record

'''Building Diagram Number''':
* Identifies the type of foundation and structure
* Used to determine the lowest floor of the building
* Assistance is provided in the Equinox Wiki and/or the application process to assist in getting the corrent foundation information

'''Top of the Bottom Floor''':
* Typically the lowest floor of the building
* If the foundation is basement or enclosure, then the Next Higher Floor is needed

'''Lowest Adjacent Grade (LAG)''':
* The elevation of the ground next to the building's foundation
* Used to determine sub-grade (below ground) foundations
* Used to calculate [[First Floor Height]]

== Sections of the EC ==
* '''Section A''' of the Elevation Certificate is required. However during the application completion process in Equinox, the required information will automatically be moved into the Elevation Certificate form from the information provided in the application. '''Section B''' of the Elevation Certificate is also required. Section B is comprised of the Flood Insurance Rate Map (FIRM) information. This information is included as a third party lookup during the application process and is moved into the Elevation Certificate form during the application process.
* '''Sections C, D, E, F, and G''' are no longer required.
* '''Section H (New Addition):'''
** May be used for all flood zones
** Does require a minimum of two photographs (one of the front and one of the rear of the building) clearly showing the foundation of the building

== Documentation Requirements ==

* Include at least two photographs of the building’s front and rear, showing the foundation.
* For buildings under construction, a revised EC must be submitted once construction is complete.

== Key Points for Agents ==

* Providing an EC will not cause an increase in premium; FEMA’s system calculates and applies the lower rate between FEMA-sourced and EC-provided data.
* Properly completed ECs can qualify properties for lower premiums through accurate elevation data or mitigation discounts.
* Ensure all required sections and photographs are included to avoid processing delays.
* Elevation Certificates that have been completed using Sections C and D or E and F or Section G may still be used.

{{needsedit}}
{{nfip}}

NFIP Elevation Certificate

2024-12-16T22:07:51Z

TJ: cleaned up layout

'''''ECs are optional for NFIP insurance.'''''

Elevation Certificates (ECs) are a hallmark of the NFIP. They were designed to provide detailed elevation data that would be used to identify a building's position relative to an established floodplain. Elevation Certificates are required for LOMA applications. They can also be used to record the [[First Floor Height]] (FFH) measurement.

''ECs are optional for NFIP insurance.''

Elevation Certificates were designed to provide detailed elevation data showing the relationship between the Base Flood Elevation and the Lowest Floor Elevation using elevations relative to sea level. Now, they are used to determine the difference between the gound and the lowest floor of the building.

''ECs are now optional for NFIP insurance regardless of the flood zone or whether the building is Post-FIRM or Pre-FIRM. Additionally, it is no longer a requirement for an elevation certificate to be completed by a licensed surveyor or engineer. Section H of the new elevation certificate form can be completed by the insured, or a representative of the insured or the agent which eliminates the cost.''{{call-eq
|message = Use Equinox to Complete an EC
}}

== Required Information ==

'''Property Address''':
* Used to identify the building and/or geolocation
* The owner's name is not required, as the EC is part of the public record

'''Building Diagram Number''':
* Identifies the type of foundation and structure
* Used to determine the lowest floor of the building
* Assistance is provided in the Equinox Wiki and/or the application process to assist in getting the corrent foundation information

'''Top of the Bottom Floor''':
* Typically the lowest floor of the building
* If the foundation is basement or enclosure, then the Next Higher Floor is needed

'''Lowest Adjacent Grade (LAG)''':
* The elevation of the ground next to the building's foundation
* Used to determine sub-grade (below ground) foundations
* Used to calculate [[First Floor Height]]

== Sections of the EC ==
* '''Section A''' of the Elevation Certificate is required. However during the application completion process in Equinox, the required information will automatically be moved into the Elevation Certificate form from the information provided in the application. '''Section B''' of the Elevation Certificate is also required. Section B is comprised of the Flood Insurance Rate Map (FIRM) information. This information is included as a third party lookup during the application process and is moved into the Elevation Certificate form during the application process.
* '''Sections C, D, E, F, and G''' are no longer required.
* '''Section H (New Addition):'''
** May be used for all flood zones
** Does require a minimum of two photographs (one of the front and one of the rear of the building) clearly showing the foundation of the building

== Documentation Requirements ==

* Include at least two photographs of the building’s front and rear, showing the foundation.
* For buildings under construction, a revised EC must be submitted once construction is complete.

== Key Points for Agents ==

* Providing an EC will not cause an increase in premium; FEMA’s system calculates and applies the lower rate between FEMA-sourced and EC-provided data.
* Properly completed ECs can qualify properties for lower premiums through accurate elevation data or mitigation discounts.
* Ensure all required sections and photographs are included to avoid processing delays.
* Elevation Certificates that have been completed using Sections C and D or E and F or Section G may still be used.

{{needsedit}}
{{nfip}}

NFIP Elevation Certificate

2024-12-16T22:02:52Z

TJ: Much of the information was incorrect. Updated it. I have a screen shot to be placed below the Section H.

'''''ECs are optional for NFIP insurance.'''''

Elevation Certificates (ECs) are a hallmark of the NFIP. They were designed to provide detailed elevation data that would be used to identify a building's position relative to an established floodplain. Elevation Certificates are required for LOMA applications. They can also be used to record the [[First Floor Height]] (FFH) measurement.

''ECs are optional for NFIP insurance.''

Elevation Certificates were designed to provide detailed elevation data showing the relationship between the Base Flood Elevation and the Lowest Floor Elevation using elevations relative to sea level. Now, they are used to determine the difference between the gound and the lowest floor of the building.

''ECs are now optional for NFIP insurance regardless of the flood zone or whether the building is Post-FIRM or Pre-FIRM. Additionally, it is no longer a requirement for an elevation certificate to be completed by a licensed surveyor or engineer. Section H of the new elevation certificate form can be completed by the insured, or a representative of the insured or the agent which eliminates the cost.''{{call-eq
|message = Use Equinox to Complete an EC
}}

== Required Information ==

'''Property Address''':
* Used to identify the building and/or geolocation
* The owner's name is not required, as the EC is part of the public record

'''Building Diagram Number''':
* Identifies the type of foundation and structure
* Used to determine the lowest floor of the building
* Assistance is provided in the Equinox Wiki and/or the application process to assist in getting the corrent foundation information

'''Top of the Bottom Floor''':
* Typically the lowest floor of the building
* If the foundation is basement or enclosure, then the Next Higher Floor is needed

'''Lowest Adjacent Grade (LAG)''':
* The elevation of the ground next to the building's foundation
* Used to determine sub-grade (below ground) foundations
* Used to calculate [[First Floor Height]]

== Sections of the EC ==
* '''Section A''' of the Elevation Certificate is required. However during the application completion process in Equinox, the required information will automatically be moved into the Elevation Certificate form from the information provided in the application. '''Section B''' of the Elevation Certificate is also required. Section B is comprised of the Flood Insurance Rate Map (FIRM) information. This information is included as a third party lookup during the application process and is moved into the Elevation Certificate form during the application process. '''Sections C, D, E, F, and G''' are no longer required. Section H (New Addition):
** May be used for all flood zones
** Does require a minimum of two photographs (one of the front and one of the rear of the building) showing the foundation of the building

'''Section H (New Addition)''':
* May be used for all flood zones

== Documentation Requirements ==

* Include at least two photographs of the building’s front and rear, showing the foundation.
* For buildings under construction, a revised EC must be submitted once construction is complete.

== Key Points for Agents ==

* Providing an EC will not cause an increase in premium; FEMA’s system calculates and applies the lower rate between FEMA-sourced and EC-provided data.
* Properly completed ECs can qualify properties for lower premiums through accurate elevation data or mitigation discounts.
* Ensure all required sections and photographs are included to avoid processing delays.
* Elevation Certificates that have been completed using Sections C and D or E and F or Section G may still be used.

{{needsedit}}
{{nfip}}

User:TJ

2024-12-16T21:46:38Z

TJ: Created page with " Elevation Certificates (ECs) are a hallmark of the NFIP. They were designed to provide detailed elevation data that would be used to identify a building's position relative to an established floodplain. Elevation Certificates are required for LOMA applications. They can also be used to record the First Floor Height (FFH) measurement. ''ECs are optional for NFIP insurance.'' Elevation Certificates were designed to provide detailed elevation data showing the relatio..."

Elevation Certificates (ECs) are a hallmark of the NFIP. They were designed to provide detailed elevation data that would be used to identify a building's position relative to an established floodplain. Elevation Certificates are required for LOMA applications. They can also be used to record the [[First Floor Height]] (FFH) measurement.

''ECs are optional for NFIP insurance.''

Elevation Certificates were designed to provide detailed elevation data showing the relationship between the Base Flood Elevation and the Lowest Floor Elevation using elevations relative to sea level. Now, they are used to determine the difference between the gound and the lowest floor of the building.

''ECs are now optional for NFIP insurance regardless of the flood zone or whether the building is Post-FIRM or Pre-FIRM. Additionally, it is no longer a requirement for an elevation certificate to be completed by a licensed surveyor or engineer. Section H of the new elevation certificate form can be completed by the insured, or a representative of the insured or the agent which eliminates the cost.''

{{call-eq|message=Use Equinox to Complete an EC}}

== Required Information ==
Property Address:

* Used to identify the building and/or geolocation
* The owner's name is not required, as the EC is part of the public record

Building Diagram Number:

* …
* Used to determine the lowest floor of the building
* Assistance is provided in the Equinox Wiki and/or the application process to assist in getting the corrent foundation information

Top of the Bottom Floor:

⋮

== Sections of the EC ==
Section C (Survey Required):

* Must be completed by a licensed surveyor, architect, or engineer.
* Documents elevations for standard zones requiring a BFE.
* Includes specific fields for non-elevated and elevated buildings.

Section E (Survey Not Required):

* Used for flood zones AO and A without BFEs.
* Can also apply to all zones for rating purposes but not for floodplain management.
* Includes LAG, Highest Adjacent Grade (HAG), and estimates if needed.

Section A of the Elevation Certificate is required. However during the application completion process in Equinox, the required information will automatically be moved into the Elevation Certificate form from the information provided in the application.

Section B of the Elevation Certificate is also required. Section B is comprised of the Flood Insurance Rate Map (FIRM) information. This information is included as a third party lookup during the application process and is moved into the Elevation Certificate form during the application process.

Sections C, D, E, F, and G are no longer required.

Section H (New Addition):

* Recommended for all flood zones in the updated EC form.
* Complements Section E for determining FFH when applicable.

* May be used for all zones.
* Does require a minimum of two photographs.

== Documentation Requirements ==

* Signed by a licensed surveyor, engineer, or architect.
* <s>Includes</s><ins>Include</ins> at least two photographs of the <s>building’s</s><ins>building, one of the</ins> front and <ins>one of the </ins>rear, showing the<ins> building's</ins> foundation.
* For buildings under construction, a revised EC must be submitted once construction is complete.
* Insert Section H diagram here

== Key Points for Agents ==

* Providing an EC does not increase premiums; FEMA’s system calculates and applies the lower rate between FEMA-sourced and EC-provided data.
* Properly completed ECs can qualify properties for lower premiums through accurate elevation data <s>or mitigation discounts</s>.
* Ensure all required sections and photographs are included to avoid processing delays.

Mobile Home Date of Construction

2024-12-10T19:16:16Z

TJ: Added Page

If a mobile home was placed in a mobile home park or subdivision, the construction date used will be the date the park was established, or the date the building permit was issued provided construction was started within 180 days of the permit date.

If a mobile home is placed on an individually owned lot or tract of land, the construction date used is the date the manufactured home was permanently affixed to the site, or the date the permit was issued provided the mobil home was affixed to the site within 180 days of the building permit date.

Substantial Improvement Date

2024-12-10T19:00:46Z

TJ: Content

A substantially improved building is a building that has undergone reconstruction, rehabilitation, addition, or other improvement, the cost of which equals or exceeds 50 percent (or a lower threshold if adopted and enforced by the community) of the market value of the building before the “start of construction” of the improvement.

This term does not include a building that has undergone reconstruction, rehabilitation, addition, or other improvement related to:

• Any project or improvement of a building to correct existing violations of a state or local health, sanitary, or safety code specifications that have been identified by the local code enforcement official and which are the minimum necessary to assure safe living conditions;

• Any alteration of a “historic building”, provided that the alteration will not preclude the structure’s continued designation as a “historic building.”

Note: All historic buildings are Pre-FIRM construction if they meet the definitions of a "historic building” provided they meet the NFIP definition.

When a building has been substantially improved, the agent must confirm if a local community official has declared the building substantially improved. The Application Form must report both the original date of construction and the substantial improvement date.

The NFIP will use the substantial improvement date for policy coverage and rating purposes.

Prior NFIP Claims

2024-12-10T18:39:03Z

TJ: Added Page

NFIP Definitions and Acronyms

2024-12-10T18:28:08Z

TJ: Added Page

NFIP Elevated Building Coverage Limitations

2024-12-06T22:13:12Z

TJ: Created page with "'''Elevated Building Coverage Limitations''' An elevated building is defined as a building that has no basement and that has its lowest elevated floor raised above ground level by foundation walls, shear walls, posts, piers, or columns. Elevated building coverage limitations apply to buildings that are Post FIRM (constructed after the community in which they are located entered the NFIP) and that are in zones A-A30, AE, AH, AR, AR/A, AR/AE, AR/AH, AR/A1-A30 and VE. ..."

'''Elevated Building Coverage Limitations'''

An elevated building is defined as a building that has no basement and that has its lowest elevated floor raised above ground level by foundation walls, shear walls, posts, piers, or columns.

Elevated building coverage limitations apply to buildings that are Post FIRM (constructed after the community in which they are located entered the NFIP) and that are in zones A-A30, AE, AH, AR, AR/A, AR/AE, AR/AH, AR/A1-A30 and VE. The flood zone at the '''time of the loss''' determines how elevated building coverage limitations are applied.''' '''

Elevated Building Coverage is limited to the following items if installed in their functioning locations and, if necessary for operation, connected to a power source:

Central air conditioners;

Cisterns and the water in them;

Electrical junction and circuit breaker boxes;

Electrical outlets and switches;

Elevators, dumbwaiters and related equipment, except for related equipment installed below the base flood elevation after September 30, 1987;

Fuel tanks and the fuel in them;

Furnaces and hot water heaters;

Heat pumps;

Pumps and tanks used in solar energy systems;

Stairways and staircases attached to the building, not separated from it by elevated walkways;

Sump pumps;

Water softeners and the chemicals in them, water filters, and faucets installed as an integral part of the plumbing system;

Well water tanks and pumps;

Required utility connections for any item in this list; and

Footings, foundations, posts, pilings, piers, or other foundation walls and anchorage systems required to support a building

Clean-up

{{Placeholder}}

Basement Coverage Limitations

2024-12-06T22:10:56Z

TJ:

Basement coverage under the Standard Flood Insurance Policy (SFIP) consists of specific building items in a basement and cleanup. Items must be connected to a power source, where appropriate, and/or installed in their functioning location. Cleanup expenses can include pumping out trapped floodwater, labor to remove or extract spent cleaning solutions, treatment for mold and mildew, and structural drying of salvageable interior foundation elements. Review your flood insurance policy for a comprehensive list of covered items and expenses.

Examples of covered items include:

* Central air conditioners
* Fuel tanks and the fuel in them
* Furnaces and water heaters
* Sump pumps, heat pumps, and well water tanks and pumps
* Electrical outlets and switches
* Elevators, dumbwaiters, and related equipment
* Drywall that is unfinished and un-taped for walls and ceilings
* Electrical junction and circuit breaker boxes
* Stairways and staircases attached to the building
* Foundation elements and anchorage systems required to support a building

'''What kind of contents coverage is provided in a basement under the NFIP Standard Flood Insurance Policy?'''

Contents covered items, provided they are connected to a power source, include:

* Clothes washers and dryers
* Air conditioning units, portable or window type
* Food freezers and the food in them (excluding walk-in freezers)

'''What kind of items are excluded from coverage in a basement under the NFIP Standard Flood Insurance Policy?'''

Items located in the basement and not specifically listed in your flood insurance policy are not covered. Additionally, SFIPs do not pay for removal of non-covered building or personal property, Contents not specifically listed above are not covered.

Basement Coverage Limitations

2024-12-06T22:06:50Z

TJ:

{{Placeholder}}{{Placeholder|Basement coverage limitation=Basement coverage limitations}}

Basement coverage under the Standard Flood Insurance Policy (SFIP) consists of specific building items in a basement and cleanup. Items must be connected to a power source, where appropriate, and/or installed in their functioning location. Cleanup expenses can include pumping out trapped floodwater, labor to remove or extract spent cleaning solutions, treatment for mold and mildew, and structural drying of salvageable interior foundation elements. Review your flood insurance policy for a comprehensive list of covered items and expenses.

Examples of covered items include:

* Central air conditioners
* Fuel tanks and the fuel in them
* Furnaces and water heaters
* Sump pumps, heat pumps, and well water tanks and pumps
* Electrical outlets and switches
* Elevators, dumbwaiters, and related equipment
* Drywall that is unfinished and un-taped for walls and ceilings
* Electrical junction and circuit breaker boxes
* Stairways and staircases attached to the building
* Foundation elements and anchorage systems required to support a building

'''What kind of contents coverage is provided in a basement under the NFIP Standard Flood Insurance Policy?'''

Contents covered items, provided they are connected to a power source, include:

* Clothes washers and dryers
* Air conditioning units, portable or window type
* Food freezers and the food in them (excluding walk-in freezers)

'''What kind of items are excluded from coverage in a basement under the NFIP Standard Flood Insurance Policy?'''

Items located in the basement and not specifically listed in your flood insurance policy are not covered. Additionally, SFIPs do not pay for removal of non-covered building or personal property, Contents not specifically listed above are not covered.

Basement Coverage Limitations

2024-12-06T22:03:27Z

TJ: Added text

{{Placeholder}}

Basement coverage under the Standard Flood Insurance Policy (SFIP) consists of specific building items in a basement and cleanup. Items must be connected to a power source, where appropriate, and/or installed in their functioning location. Cleanup expenses can include pumping out trapped floodwater, labor to remove or extract spent cleaning solutions, treatment for mold and mildew, and structural drying of salvageable interior foundation elements. Review your flood insurance policy for a comprehensive list of covered items and expenses.

Examples of covered items include:

* Central air conditioners
* Fuel tanks and the fuel in them
* Furnaces and water heaters
* Sump pumps, heat pumps, and well water tanks and pumps
* Electrical outlets and switches
* Elevators, dumbwaiters, and related equipment
* Drywall that is unfinished and un-taped for walls and ceilings
* Electrical junction and circuit breaker boxes
* Stairways and staircases attached to the building
* Foundation elements and anchorage systems required to support a building

'''What kind of contents coverage is provided in a basement under the NFIP Standard Flood Insurance Policy?'''

Contents covered items, provided they are connected to a power source, include:

* Clothes washers and dryers
* Air conditioning units, portable or window type
* Food freezers and the food in them (excluding walk-in freezers)

'''What kind of items are excluded from coverage in a basement under the NFIP Standard Flood Insurance Policy?'''

Items located in the basement and not specifically listed in your flood insurance policy are not covered. Additionally, SFIPs do not pay for removal of non-covered building or personal property, Contents not specifically listed above are not covered.

Basement Coverage Limitations

2024-12-06T22:01:02Z

TJ: added text

What defines a "named insured" on an NFIP flood insurance policy

2024-12-06T21:34:45Z

TJ: Added Content

{{Placeholder}}
'''What defines a “named insured” on an NFIP flood insurance policy?'''

In the context of the National Flood Insurance Program (NFIP), an "insured" refers to any property owner, renter, or business owner who has purchased a flood insurance policy through the NFIP Direct or a Write Your Own Company, allowing them to have coverage for flood damage to their building and contents if a flood occurs in their participating community; essentially, anyone who holds an active NFIP insurance policy.

In the case that coverage is purchased by the renter or leasee as part of the rental or lease agreement, the name of the renter or leasee AND the name of the building owner must both be shown as named insureds on the declarations page and will both be listed on the claims check should a loss be incurred. In this situation, the renter or leasee should purchase a separate policy to insure their contents.

What defines a "named insured" on an NFIP flood insurance policy

2024-12-06T21:33:52Z

TJ: Created page with "{{Placeholder}}"

National Flood Insurance Program

2024-12-06T21:31:25Z

TJ: /* Agent Portal */

{{draft}}
The '''National Flood Insurance Program''' (NFIP) is a government-backed insurance program that helps property owners, renters, and businesses recover from flood damage by offering [[Flood Insurance|flood insurance policies]].

The NFIP's '''Write Your Own Program''' (WYO) began in 1983 as a cooperative undertaking between the private insurance industry and FEMA, and allows participating property and casualty insurance companies to write and service the SFIP in their own names.

WYO companies use the same policy terms as the NFIP, but write the coverage on their own paper. The NFIP reinsures 100% of the coverage.

WYO companies must follow the rules and regulations of the NFIP, including floodplain management regulations. There is no deviation of the rules, rates and regulations for different WYO Companies, or for the NFIP Direct.

==FloodSmart==

[https://floodsmart.gov FloodSmart] is the official platform of the National Flood Insurance Program (NFIP), designed to educate the public about flood risks and provide tools and resources for insurance agents. The site is divided into two primary sections:

=== Public-Facing Resources ===
The main site helps homeowners, renters, and business owners understand their flood risk, locate insurance providers, and access tools like the Flood Risk Tool. It focuses on promoting awareness of the benefits of flood insurance and steps to take before and after flooding events.

=== FloodSmart Agent Portal ===
Agents gain access to a subdomain specifically tailored to their needs. This section provides:

* '''Marketing Tools:''' Brochures, videos, and customizable content to help agents promote flood insurance effectively.
* '''Sales Aids:''' Quick guides, policy information, and key talking points for client interactions.
* '''Training Resources:''' Online courses, webinars, and job aids to stay informed about NFIP rules, policy changes, and best practices.
FloodSmart.gov is an essential tool for agents, offering practical support to improve outreach, answer client questions, and navigate the complexities of NFIP policies.

To access agent-specific resources, visit https://agents.floodsmart.gov. Stay informed and ready to guide your clients in managing their flood risks.

{{nfip}}

NFIP Structural Variables

2024-12-06T21:28:21Z

TJ:

{{Placeholder}}

Construction type NFIP

NFIP Structural Variables

2024-12-06T21:24:12Z

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Construction type NFIP

Eligibility for NFIP Coverage

2024-12-06T21:14:42Z

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Building eligibility

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NFIP Policyholder Communications

2024-12-06T21:07:04Z

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This page outlines the documents the insurer will provide to the insured.

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Duplicate Policies

2024-12-06T20:01:41Z

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Duplicate Policies

NFIP Tenant Coverage

2024-12-06T19:57:15Z

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NFIP Tenants Coverage

Tenants Coverage

2024-12-06T19:44:14Z

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Tenants Coverage

NFIP Policy Assignment

2024-12-06T17:46:28Z

TJ:

Assignment of Policy to New Owner

The owner of an insured building may assign their flood insurance policy with building coverage to purchaser at the time of loan closing.

* Contents only policies may not be assigned

* Buildings under the course of construction cannot be assigned

* The assignment change endorsement form must be signed by the seller on or befor the closing date

* The agent or new owner has up to 30 days beyond the closing date to submit the change endorsement form to the insurer for processing

* If the previous owner received a Pre-FIRM discount and used the building as a primary residence but it is not a primary residence for the new owner, the new owner may receive the same discounted premium as the previous owner. However, the annual increase cap (which is a component of the discounted premium) is based on the information provided by the new owner. The discounted premium does not include assessments, fees, or surcharges

* Primary Residence status must be validated at the time of assignment. If the new owner does not qualify for the primary discount, the additional prorata premium will be required at the time of the change

NFIP Policy Assignment

2024-12-06T17:45:47Z

TJ: Added Content

Assignment of Policy to New Owner

The owner of an insured building may assign their flood insurance policy with building coverage to purchaser at the time of loan closing.

* Contents only policies may not be assigned

* Buildings under the course of construction cannot be assigned

* The assignment change endorsement form must be signed by the seller on or befor the closing date

* The agent or new owner has up to 30 days beyond the closing date to submit the change endorsement form to the insurer for processing

* If the previous owner received a Pre-FIRM discount and used the building as a primary residence but it is not a primary residence for the new owner, the new owner may receive the same discounted premium as the previous owner. However, the annual increase cap (which is a component of the discounted premium) is based on the information provided by the new owner. The discounted premium does not include assessments, fees, or surcharges

* Primary Residence status must be validated at the time of assignment. If the new owner does not qualify for the primary discount, prorata premium will be required at the time of the change

NFIP Policy Assignment

2024-12-06T17:34:12Z

TJ: Added info

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The owner of an insured building may assign their flood insurance policy with building coverage to a new owner.

* Contents only policies may not be assigned

* Buildings under the course of construction cannot be assigned

* The assignment change endorsement form must be signed by the seller on or befor the closing date
* The new owner has up to 30 days beyond the closing date to submit the change endorsement form to the insurer for processing
* If the previous owner received a Pre-FIRM discount and used the building as a primary residence but it is not a primary residence for the new owner, the new owner may receive the same discounted premium as the previous owner. However, the annual increase cap (which is a component of the discounted premium) is based on the information provided by the new owner. The discounted premium does not include assessments, fees, or surcharges
* Primary Residence status must be validated at the time of assignment. If the new owner does not qualify for the primary discount, a prorata premium will be required at the time of the change

NFIP Policy Assignment

2024-12-06T17:31:31Z

TJ: Added info

{{info-nfip-sfip}}

{{placeholder}}{{line-nfip-endorse}}
The owner of an insured building may assign their flood insurance policy with building coverage to a new owner.

* Contents only policies may not be assigned

* Buildings under the course of construction cannot be assigned

* The assignment change endorsement form must be signed by the seller on or befor the closing date
* The new owner has up to 30 daysbeyond the closing date to submit the change endorsement form to the insurer for processing
* Primary Residence status must be validated at the time of assignment. If the new owner does not qualify for the primary discount, a prorata premium will be required at the time of the change
* If the previous owner received a Pre-FIRM discount and used the building as a primary residence but it is not a primary residence for the new owner, the new owner may receive the same discounted premium as the previous owner. However, the annual increase cap (which is a component of the discounted premium) is based on the information provided by the new owner. The discounted premium does not include assessments, fees, or surcharges
* Primary Residence status must be validated at the time of assignment. If the new owner does not qualify for the primary discount, a prorata premium will be required at the time of the change

NFIP First Notice of Loss

2024-12-06T16:38:48Z

TJ:

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NFIP First Notice of Loss (FNOL) is the initial notification to the WYO Company that the insured has suffered a flood insurance loss.

The information related to the claim can be provided by the Insured or a Representative of the Insured by entering the information through e-mail on their Consumer Portal, by notifying their agent, or by contacting the WYO Company Direct.

Information that is required to report a claim includes the policy number or property location, the date of the loss, and the phone number and/or email address of the person the claims adjuster will be working with on the claim. It is also very helpful to validate the mortgage information to ensure the correct mortgagee is shown on the policy.

It is also important that the person that is taking the information from the insured understands the definition of flood. This helps avoid adjuster assignments for uncovered losses. The NFIP definition of flood is: Two or more properties or acres of normally dry land that are partially or completely submerged by water from any of these events: Overflowing inland or tidal waters. Unusual, quick surface water runoff. Mudflows (rivers of liquid, flowing mud) caused by flooding. Types of losses that are commonly reported in error relate to interior leaking or bursting of pipes, toilet or sink overflow, wind driven rain, etc. In many cases these should be reported to the insured’s homeowner’s insurance carrier.

Information received at the time of the FNOL, along with the policy information contained on the Declarations Page at the time of the loss, is provided to a claims adjuster. The adjuster will contact the insured to schedule a site visit or to document the claim according to the WYO Carrier and FEMA’s direction.

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Effective Dates

2024-12-06T16:33:44Z

TJ: Effective Dates

Effective Dates - of all the information, transaction processing and assistance you will provide to clients, effective dates will play an important role in almost every aspect of your daily work. It will be important that you understand how effective dates are calculated as well as the impact to a policy transaction in the event of a typographical error or possible miscalculation. The Equinox system will handle some of the calculations for you making

'''Effective Date Calculations'''

'''30 Day Wait'''

In general, new flood insurance policies (and changes to an existing policy adding or increasing coverage) become effective following a 30-day waiting period (agent signature date plus 29 days)
•

Calculation of the 30-day waiting period begins the date the application or change request is signed by the agent
• The application or change request and the applicable premium must be received by the company within 10 days of the agent’s signature date (signature date plus 9 days).
•

Policy and change effective dates will automatically be recalculated for those that do not meet the 10-day requirement.

If the application or change endorsement along with the applicable premium are not received within 10 days of the agent’s sign date, the policy will become effective 10 days from the date the application and premium are received by the company.

To avoid effective date changes, agents are encouraged to submit applications and premiums electronically using functionality provided as part of the new business application process or the change process to increase coverage.

'''Map Revision''' '''Exception'''

A map revision, moving a property from a non-special flood hazard area to a special flood hazard area, allows a policy to go into effect 1 day after the agent’s sign date
•

The application must be dated within 13 months of the map revision
•

The application and premium must be received within 10 days of the agent’s sign date

• This rule applies for all buildings including condominium associations.

If the application or change request form, along with the applicable premium are not received within 10 days of the agent’s sign date, the policy or coverage change will become effective 1 day after the date the application and premiums are received by the company.

'''Loan Closing Exception'''

A policy or increase in coverage may go into effect at the time of loan closing provided:

• The initial purchase of new, additional, or increased flood insurance coverage is in connection with the making, increasing, extending or renewal of a loan
•

The loan is secured by the insured property
•

The application is signed on or before the closing date
•

The application or change request and the applicable premium are received within the specified timelines
If the lender, title company or settlement attorney pays the premium, the insurer must receive the application or change form within 30 calendar days of the closing date (closing date plus 29 days)

When an agent submits an agency check, it must be accompanied by settlement paperwork or a photocopy of the original check from the lender, title company, or settlement attorney to be eligible for the waiting period exception.

If the policyholder or another party pays the premium the application or change request and the applicable premium must be received by the company within 10 days of the closing date (closing date plus 9 days).
Policy and change effective dates will automatically be recalculated for those that do not meet these requirements based on the closing date and the insurer’s receipt date.

Effective Dates

2024-12-06T15:52:46Z

TJ:

Effective Dates - of all the information, transaction processing and assistance you will provide to clients, effective dates will play an important role in almost every aspect of your daily work. It will be important that you understand how effective dates are calculated as well as the impact to a policy transaction in the event of a typographical error or possible miscalculation. The Equinox system will handle some of the calculations for you making

'''Effective Date Calculation'''

30 Day Wait
In general, new flood insurance policies (and changes to an existing policy adding or increasing coverage) become effective following a 30-day waiting period (agent signature date plus 29 days)
• Calculation of the 30-day waiting period begins the date the application or change request is signed by the agent
• The application or change request and the applicable premium must be received by the company within 10 days of the agent’s signature date (signature date plus 9 days).
• Policy and change effective dates will automatically be recalculated for those that do not meet the 10-day requirement.
If the application or change endorsement along with the applicable premium are not received within 10 days of the agent’s sign date, the policy will become effective 10 days from the date the application and premium are received by the company.
To avoid effective date changes, agents are encouraged to submit applications and premiums electronically using functionality provided as part of the new business application process or the change process to increase coverage.
Map Revision (1-Day Waiting Period)
A map revision, moving a property from a non-special flood hazard area to a special flood hazard area, allows a policy to go into effect 1 day after the agent’s sign date
• The application must be dated within 13 months of the map revision
• The application and premium must be received within 10 days of the agent’s sign date
• This rule applies for all buildings including condominium associations.
If the application or change request form, along with the applicable premium are not received within 10 days of the agent’s sign date, the policy or coverage change will become effective 1 day after the date the application and premiums are received by the company.
Loan Exception
A policy or increase in coverage may go into effect at the time of loan closing provided:
• The initial purchase of new, additional, or increased flood insurance coverage is in connection with the making, increasing, extending or renewal of a loan
• The loan is secured by the insured property
• The application is signed on or before the closing date
• The application or change request and the applicable premium are received within the specified timelines
If the lender, title company or settlement attorney pays the premium, the insurer must receive the application or change form within 30 calendar days of the closing date (closing date plus 29 days)
When an agent submits an agency check, it must be accompanied by settlement paperwork or a photocopy of the original check from the lender, title company, or settlement attorney to be eligible for the waiting period exception.
If the policyholder or another party pays the premium the application or change request and the applicable premium must be received by the company within 10 days of the closing date (closing date plus 9 days).
Policy and change effective dates will automatically be recalculated for those that do not meet these requirements based on the closing date and the insurer’s receipt date.

Floodproofing

2024-12-05T21:37:54Z

TJ:

Floodproofing is a critical mitigation strategy recognized by the [[National Flood Insurance Program]] (NFIP). It involves measures designed to protect a building from flood damage by making it watertight or resistant to water intrusion. This strategy applies differently to residential and non-residential buildings under NFIP guidelines.

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|color = yellow
|title = Important!
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To apply floodproofing to an NFIP policy, a completed '''floodproofing certificate''' must be submitted by the insured. 

A floodproofing certificate (see examples at bottom of page) makes use of '''elevation rating''', a core feature of [[Legacy Rating]]. Refer to the '''[[Elevation Rating]]''' page for more details about interpreting a floodproofing certificate.
}}

== Residential Floodproofing ==
=== Eligibility===
Floodproofing discounts for residential buildings are limited to specific conditions:

* The building’s foundation type must be '''Basement (Non-Elevated)'''.
* It must be located in an NFIP-participating community where FEMA has approved the '''Residential Basement Floodproofing Discount'''. Note: The Equinox platform will automatically determine if a community is approved for residential floodproofing.
* The building must be in one of the following flood zones: '''A1-A30, AE, AR, AR Dual, AO, AH, or A''' with a '''Base Flood Elevation (BFE)'''.
* A registered professional engineer or architect must certify that the building is floodproofed to at least '''one foot above the BFE'''.

=== Documentation Requirements ===
To qualify for a residential floodproofing discount, the following are required:

* A completed [https://www.fema.gov/sites/default/files/documents/fema_nfip-basement-floodproofing-certificate-form-206-fy-21-122.pdf NFIP Residential Basement Floodproofing Certificate].
* At least two photographs of the floodproofed building.

=== Additional Notes ===
If the building’s flood zone changes (e.g., to a V zone) during a FEMA remapping, the floodproofing discount is revoked at the next renewal.

== Non-Residential Floodproofing ==
=== Eligibility ===
Non-residential buildings can also qualify for a floodproofing discount under the following conditions:

* Foundation types must be '''Slab on Grade (Non-Elevated)''' or '''Basement (Non-Elevated)'''.
* The building must be located in flood zones '''A1-A30, AE, AR, AR Dual, AO, AH, A (with BFE), B, C, X, or D'''.
* Certification from a registered professional engineer or architect that the building is floodproofed:
** To at least '''one foot above the BFE''' for flood zones with a BFE.
** To at least '''two feet above the highest adjacent grade''' for zones B, C, X, or D.

=== Documentation Requirements ===
To apply for a floodproofing discount, insurers must submit:

* A completed [https://www.fema.gov/sites/default/files/documents/fema_form-ff-206-fy22-153.pdf NFIP Floodproofing Certificate for Non-Residential Structures].
* A Flood Emergency Plan, including maintenance, personnel duties, and evacuation procedures.
* At least two photographs of the floodproofed building.

=== Inspection and Maintenance ===
Annual inspections and maintenance plans must cover all floodproofing systems, such as drainage and pump systems, to ensure ongoing eligibility.

==Key Considerations for Agents==

* '''Community Requirements''': Both residential and non-residential floodproofing are only eligible in NFIP-participating communities.
* '''Certification''': Proper engineering certification is crucial to validate floodproofing measures.
* '''Renewal''': Eligibility for discounts must be validated annually through updated documentation.

Floodproofing is an effective way to reduce flood risk and premiums while ensuring compliance with NFIP standards. Encourage your clients to explore these options to protect their properties and achieve cost savings.

==External Resources==
For more detailed guidance outside of the {{FIM}}, refer to FEMA’s floodproofing resources below
* [https://www.fema.gov/sites/default/files/documents/fema_technical-bulletin-3_1-2021.pdf Technical Bulletin 3: Requirements for the Design and Certification of Dry Floodproofed Non-Residential and Mixed-Use Buildings]
====Floodproofing Certificates====
* [https://www.fema.gov/sites/default/files/documents/fema_nfip-basement-floodproofing-certificate-form-206-fy-21-122.pdf Residential Basement Floodproofing Certificate]
* [https://www.fema.gov/sites/default/files/documents/fema_form-ff-206-fy22-153.pdf Dry Floodproofing Certificate for Non-residential Structures]

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