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'''NFIP Underwriter Scavenger Hunt – 2024 Flood Insurance Manual'''
'''Instructions:''' Use the 2024 Flood Insurance Manual to locate the answers to these questions. Record the page numbers where you find each answer.
# What are the general eligibility requirements for    insuring a building under the NFIP?
# What    is the definition of a "Pre-FIRM" building, and how does it    affect rating?
# In    what flood zones is an Elevation Certificate (EC) mandatory for rating?
# What    is the surcharge amount for a policy on a non-primary residence?
# Under    what circumstances can an underwriter correct a policy’s effective date?
# How    is a policyholder’s refund calculated if they cancel due to a duplicate    policy?
# What    documentation is required when an agent requests a policy change to reduce    coverage?
# What    determines whether a policy will go through auto-issuance (Green Path) or    require underwriter review (Yellow Path)?
# How    does an underwriter determine if a building is "Partially Over    Water," and what impact does this have on insurability?
# What    is the waiting period for a new NFIP policy to become effective if there    is no loan requirement?
# How    does an underwriter verify whether a property is a condominium or a    single-family dwelling?
# What    is the maximum deductible allowed for a residential policy, and how does    it affect premium calculation?
# What    is the difference between a General Property Form and a Residential    Condominium Building Association Policy (RCBAP)?
# Under    what conditions can an underwriter increase a policy's coverage mid-term?
# What    are the rules for handling a policy transfer between two NFIP insurers?
# What    is the process for endorsing a policy to correct a misclassified flood    zone?
# How    does an underwriter determine whether a building is considered "Below    Ground Level" for rating purposes?
# What    are the specific coverage limits for contents in a non-residential policy?
# What    steps must an underwriter take to validate an Elevation Certificate?
# What    conditions must be met for an NFIP policy to be canceled under a null and    void endorsement?

Revision as of 11:35, 5 February 2025