NFIP Legacy Rating: Revision history

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9 December 2024

2 December 2024

  • curprev 07:4207:42, 2 December 2024‎ WikiAdmin talk contribs‎ 2,142 bytes +72‎ No edit summary
  • curprev 07:4107:41, 2 December 2024‎ WikiAdmin talk contribs‎ 2,070 bytes −18‎ No edit summary
  • curprev 07:4107:41, 2 December 2024‎ WikiAdmin talk contribs‎ 2,088 bytes +2,088‎ Created page with "Prior to October 1, 2021, the NFIP used a methodology now referred to as '''Legacy Rating''' to calculate flood insurance premiums. This approach relied on generalized data and various subsidies to determine rates, often creating discrepancies between a property's true flood risk and its premiums. == Key Features of Legacy Rating == # '''Elevation Data''': #* Premiums were calculated using elevation data relative to the Base Flood Elevation (BFE). #* Structures with fl..."
Retrieved from "http://help.gulfstatesflood.com/NFIP_Legacy_Rating"