Transcription
National Flood Insurance ProgramDwelling FormStandard Flood Insurance PolicyF-122 / October 2021
FEDERAL EMERGENCY MANAGEMENT AGENCY, FEDERAL INSURANCE AND MITIGATION ADMINISTRATIONStandard Flood Insurance PolicyDwelling FormPlease read the policy carefully. The flood insurance provided is subject to limitations, restrictions, and exclusions.I. AGREEMENTA. This policy insures the following types of property only:1.A one to four family residential building, not undera condominium form of ownership;2.A single-family dwelling unit in a condominiumbuilding; and3.Personal property in a building.B. The Federal Emergency Management Agency (FEMA)provides flood insurance under the terms of the NationalFlood Insurance Act of 1968 and its amendments, andTitle 44 of the Code of Federal Regulations.C. We will pay you for direct physical loss by or from floodto your insured property if you:1.Have paid the full amount due (including applicablepremiums, surcharges, and fees);2.Comply with all terms and conditions of thispolicy; and3.Have furnished accurate informationand statements.D. We have the right to review the information you give usat any time and revise your policy based on our review.E. This policy insures only one building. If you own morethan one building, coverage will apply to the single buildingspecifically described in the Flood Insurance Application.F. Subject to the exception in I.G below, multiple policieswith building coverage cannot be issued to insure a singlebuilding to one insured or to different insureds, even ifseparate policies were issued through different NFIPinsurers. Payment for damages may only be made undera single policy for building damages under Coverage A–Building Property.G. A Dwelling Form policy with building coverage maybe issued to a unit owner in a condominium buildingthat is also insured under a Residential CondominiumHowever, nomore than 250,000 may be paid incombined benefits for a single unitunder the Dwelling Form policy and theRCBAP. We will only pay for damageonce. Items of damage paid for underan RCBAP cannot also be claimedunder the Dwelling Form policy.Building Association Policy (RCBAP).II. DEFINITIONSA. In this policy, “you” and “your” refer to the namedinsured(s) shown on the Declarations Page of this policyand the spouse of the named insured, if a resident of thesame household. Insured(s) also includes: Any mortgageeand loss payee named in the Application and DeclarationsPage, as well as any other mortgagee or loss payeedetermined to exist at the time of loss, in the order ofprecedence. “We,” “us,” and “our” refer to the insurer.Some definitions are complex because they are providedas they appear in the law or regulations, or result fromcourt cases.NFIP DWELLING FORM SFIPB. Flood, as used in this flood insurance policy, means:1.A general and temporary condition of partialor complete inundation of two or more acres ofnormally dry land area or of two or more properties(one of which is your property) from:a. Overflow of inland or tidal waters;b. Unusual and rapid accumulation or runoff ofsurface waters from any source;c.2.Mudflow.Collapse or subsidence of land along the shore of alake or similar body of water as a result of erosionPAGE 1 OF 30
or undermining caused by waves or currents ofwater exceeding anticipated cyclical levels thatresult in a flood as defined in B.1.a above.b. Other buildings in which the unit owners haveuse rights; where membership in the entity is arequired condition of ownership.C. The following are the other key definitions we use inthis policy:10. Condominium Building. A type of building for1.Act. The National Flood Insurance Act of 1968 andany amendments to it.2.Actual Cash Value. The cost to replace an insureditem of property at the time of loss, less the valueof its physical depreciation.3.Application. The statement made and signed byyou or your agent in applying for this policy. Theapplication gives information we use to determinethe eligibility of the risk, the kind of policy to beissued, and the correct premium payment. Theapplication is part of this flood insurance policy.which the form of ownership is one in which eachunit owner has an undivided interest in commonelements of the building.11. Declarations Page. A computer-generated summaryof information you provided in your application forinsurance. The Declarations Page also describesthe term of the policy, limits of coverage, anddisplays the premium and our name. TheDeclarations Page is a part of this flood insurancepolicy.12. Deductible. The amount of an insured loss that isyour responsibility and that is incurred by you beforeany amounts are paid for the insured loss underthis policy.Base Flood. A flood having a one percent chanceof being equaled or exceeded in any given year.13. Described Location. The location where the5.Basement. Any area of a building, including anysunken room or sunken portion of a room, havingits floor below ground level on all sides.insured building(s) or personal property arefound. The described location is shown on theDeclarations Page.6.Building4.a. A structure with two or more outside rigid wallsand a fully secured roof that is affixed to apermanent site;b. A manufactured home, also known as a mobilehome, is a structure: built on a permanentchassis, transported to its site in one ormore sections, and affixed to a permanentfoundation; orc.A travel trailer without wheels, built on a chassisand affixed to a permanent foundation, that isregulated under the community’s floodplainmanagement and building ordinances or laws.Building does not mean a gas or liquid storagetank, shipping container, or a recreational vehicle,park trailer, or other similar vehicle, except asdescribed in C.6.c above.14. Direct Physical Loss By or From Flood. Loss ordamage to insured property, directly caused by aflood. There must be evidence of physical changesto the property.15. Dwelling. A building designed for use as aresidence for no more than four families or asingle-family unit in a condominium building.16. Elevated Building. A building that has no basementand that has its lowest elevated floor raised aboveground level by foundation walls, shear walls,posts, piers, pilings, or columns.17. Emergency Program. The initial phase of acommunity’s participation in the National FloodInsurance Program. During this phase, only limitedamounts of insurance are available under the Actand the regulations prescribed pursuant to theAct.18. Federal Policy Fee. A flat rate charge you must pay7.Cancellation. The ending of the insurance coverageprovided by this policy before the expiration date.8.Condominium. That form of ownership of one ormore buildings in which each unit owner has anundivided interest in common elements.19. Improvements. Fixtures, alterations, installations,Condominium Association. The entity made up ofthe unit owners responsible for the maintenanceand operation of:20. Mudflow. A river of liquid and flowing mud on9.a. Common elements owned in undivided sharesby unit owners; andNFIP DWELLING FORM SFIPon each new or renewal policy to defray certainadministrative expenses incurred in carrying outthe National Flood Insurance Program.or additions comprising a part of the dwelling orapartment in which you reside.the surface of normally dry land areas, as whenearth is carried by a current of water. Other earthmovements, such as landslide, slope failure, orPAGE 2 OF 30
a saturated soil mass moving by liquidity down aslope, are not mudflows.a. The 365 days immediately preceding the timeof loss; or21. National Flood Insurance Program (NFIP). Theb. The period of ownership of you or your spouse,if either you or your spouse owned the dwellingfor less than 365 days immediately precedingthe time of loss.program of flood insurance coverage andfloodplain management administered under theAct and applicable Federal regulations in Title 44of the Code of Federal Regulations, Subchapter B.26. Probation Surcharge. A flat charge you must payon each new or renewal policy issued coveringproperty in a community the NFIP has placed onprobation under the provisions of 44 CFR 59.24.22. Policy. The entire written contract between youand us. It includes:a. This printed form;b. The application and Declarations Page;c.27. Regular Program. The final phase of a community’sparticipation in the National Flood InsuranceProgram. In this phase, a Flood Insurance RateMap is in effect and full limits of coverage areavailable under the Act and the regulationsprescribed pursuant to the Act.Any endorsement(s) that may be issued; andd. Any renewal certificate indicating that coveragehas been instituted for a new policy and newpolicy term. Only one dwelling, which youspecifically described in the application, maybe insured under this policy.28. Special Flood Hazard Area (SFHA). An area havingspecial flood or mudflow, and/or flood-relatederosion hazards, and shown on a Flood HazardBoundary Map or Flood Insurance Rate Map asZone A, AO, A1–A30, AE, A99, AH, AR, AR/A, AR/AE, AR/AH, AR/AO, AR/A1–A30, V1–V30, VE, or V.23. Pollutants. Substances that include, but are notlimited to, any solid, liquid, gaseous, or thermalirritant or contaminant, including smoke, vapor,soot, fumes, acids, alkalis, chemicals, and waste.“Waste” includes, but is not limited to, materialsto be recycled, reconditioned, or reclaimed.Building. A building for whichconstruction or substantial improvement occurredafter December 31, 1974, or on or after theeffective date of an initial Flood Insurance RateMap (FIRM), whichever is later.24. Post-FIRM29. Unit. A single-family residential space you own in acondominium building.30. Valued Policy. A policy in which the insured and theinsurer agree on the value of the property insured,that value being payable in the event of a totalloss. The Standard Flood Insurance Policy is not avalued policy.25. Principal Residence. The dwelling in which you oryour spouse have lived for at least 80 percent of:III. PROPERTY INSUREDA. Coverage A—Building Propertyare always considered part of the dwelling andcannot be separately insured.We insure against direct physical loss by or from flood to:1.The dwelling at the described location, or for aperiod of 45 days at another location as set forthin III.C.2.b, Property Removed to Safety.2.Additions and extensions attached to and incontact with the dwelling by means of a rigidexterior wall, a solid load-bearing interior wall, astairway, an elevated walkway, or a roof. At youroption, additions and extensions connected byany of these methods may be separately insured.Additions and extensions attached to and incontact with the building by means of a commoninterior wall that is not a solid load-bearing wallNFIP DWELLING FORM SFIP3.A detached garage at the described location.Coverage is limited to no morethan 10 percent of the limit ofliability on the dwelling. Use of thisinsurance is at your option but reduces the buildingWe do not cover anydetached garage used or held foruse for residential (i.e., dwelling),business, or farming purposes.limit of liability.PAGE 3 OF 30
4.5.Materials and supplies to be used for construction,alteration, or repair of the dwelling or a detachedgarage while the materials and supplies arestored in a fully enclosed building at the describedlocation or on an adjacent property.in Zones AH, AE, A1–A30, AR, AR/AE, AR/AH, AR/A1–A30, AR/A, and AR/AO.6.A building under construction, alteration, or repairat the described location.a. If the structure is not yet walledor roofed as described in thedefinition for building (seeII.C.6.a) then coverage applies:(1) Only while such work is inprogress; or(2) If such work is halted, onlyfor a period of up to 90continuous days thereafter.b. However, coverage does notapply until the building is walledand roofed if the lowest floor,including the basement floor,of a non-elevated building orthe lowest elevated floor of anelevated building is:(1) Below the base flood ele vation in Zones AH, AE,A1–A30, AR, AR/AE, AR/AH, AR/A1–A30, AR/A,AR/AO; or(2) Below the base flood elevation adjusted to includethe effect of wave actionin Zones VE or V1–V30.The lowest floor level is based on the bottom ofthe lowest horizontal structural member of thefloor in Zones VE or V1–V30 or the top of the floorNFIP DWELLING FORM SFIPA manufactured home or a travel trailer, asdescribed in the II.C.6. If the manufactured homeor travel trailer is in a special flood hazard area, itmust be anchored in the following manner at thetime of the loss:a. By over-the-top or frame ties to groundanchors; orb. In accordance with the manufacturer’sspecifications; orc.7.In compliance with the community’s floodplainmanagement requirements unless it has beencontinuously insured by the NFIP at the samedescribed location since September 30, 1982.The following items of property which are insuredunder Coverage A only:a. Awnings and canopies;b. Blinds;c.Built-in dishwashers;d. Built-in microwave ovens;e. Carpet permanently installed overunfinished flooring;f.Central air conditioners;g.Elevator equipment;h. Fire sprinkler systems;i.Walk-in freezers;j.Furnaces and radiators;k.Garbage disposal units;l.Hot water heaters, including solar waterheaters;m. Light fixtures;n. Outdoor antennas and aerials fastenedto buildings;o. Permanently installed cupboards, bookcases,cabinets, paneling, and wallpaper;p. Plumbing fixtures;q. Pumps and machinery for operating pumps;r.Ranges, cooking stoves, and ovens;s. Refrigerators; andt.Wall mirrors, permanently installed.8. Items of property below the lowestelevated floor of an elevated postFIRM building located in ZonesPAGE 4 OF 30
A1–A30, AE, AH, AR, AR/A, AR/AE, AR/AH, AR/A1–A30, V1–V30,or VE, or in a basement regardlessof the zone. Coverage is limited tothe following:a. Any of the following items, if installed in theirfunctioning locations and, if necessary foroperation, connected to a power source:(1)Central air conditioners;(2)Cisterns and the water in them;(3)Drywall for walls and ceilings in abasement and the cost of labor to nail it,unfinished and unfloated and not taped,to the framing;(4)Electrical junction and circuitbreaker boxes;(5)Electrical outlets and switches;(6)Elevators, dumbwaiters and relatedequipment, except for related equipmentinstalled below the base flood elevationafter September 30, 1987;B. Coverage B—Personal Property1.If you have purchased personal property coverage,we insure against direct physical loss by or fromflood to personal property inside a building at thedescribed location, if:a. The property is owned by you or your householdfamily members; andb. At your option, the property is owned byguests or servants.2.Personal property is also insured for a period of 45days at another location as set forth in III.C.2.b,Property Removed to Safety.3.Personal property in a building that is not fullyenclosed must be secured to prevent flotation outof the building. If the personal property does floatout during a flood, it will be conclusively presumedthat it was not reasonably secured. In that case,there is no coverage for such property.4.Coverage for personal property includes thefollowing property, subject to B.1 above, which isinsured under Coverage B only:a. Air conditioning units, portable or window type;(7)Fuel tanks and the fuel in them;b. Carpets, not permanently installed, overunfinished flooring;(8)Furnaces and hot water heaters;c. Carpets over finished flooring;(9)Heat pumps;d. Clothes washers and dryers;(10) Nonflammable insulation in a basement;e. “Cook-out” grills;(11) Pumps and tanks used in solarf.energy systems;(12) Stairways and staircases attached tothe building, not separated from it byelevated walkways;(13) Sump pumps;(14) Water softeners and the chemicals inthem, water filters, and faucets installedas an integral part of the plumbing system;(15) Well water tanks and pumps;(16) Required utility connections for any itemin this list; and(17) Footings, foundations, posts, pilings,piers, or other foundation walls andanchorage systems required to supporta building.b. Clean-up.NFIP DWELLING FORM SFIPFood freezers, other than walk-in, and food inany freezer; andg. Portable microwave ovens and portabledishwashers.5. Coverage for items of propertybelow the lowest elevated floor ofan elevated post-FIRM buildinglocated in Zones A1–A30, AE, AH,AR, AR/A, AR/AE, AR/AH, AR/A1–A30, V1–V30, or VE, or in abasement regardless of the zone,is limited to the following items,if installed in their functioninglocations and, if necessary foroper ation, connected to a powersource:PAGE 5 OF 30
a. Air conditioning units, portable or window type;a. Artwork, photographs, collectibles, ormemorabilia, including but not limited to,porcelain or other figures, and sports cards;b. Clothes washers and dryers; andc.6.Food freezers, other than walk-in, and food inany freezer.b. Rare books or autographed items;c.If you are a tenant and have insured personalproperty under Coverage B in this policy, we willcover such property, including your cooking stoveThe policy willalso cover improvements made oracquired solely at your expense inthe dwelling or apartment in whichyou reside, but for not more than10 percent of the limit of liabilityshown for personal property onthe Declarations Page. Use of thisd. Furs or any article containing fur thatrepresents its principal value; oror range and refrigerator.e. Personal property used in any business.9. We will pay only for the functionalvalue of antiques.C. Coverage C—Other Coverages1.Debris Removala. We will pay the expense to remove non-owneddebris that is on or in insured property anddebris of insured property anywhere.insurance is at your option but reduces thepersonal property limit of liability.7. If you are the owner of a unit andhave insured personal propertyunder Coverage B in this policy,we will also cover your interiorwalls, floor, and ceiling (nototherwise insured under a floodinsurance policy purchased byyour condominium association)for not more than 10 percentof the limit of liability shownfor personal property on theDeclarations Page. Use of thisinsurance is at your option butreduces the personal propertylimit of liability.8. Special Limits. We will pay nomore than 2,500 for any one lossto one or more of the followingkinds of personal property:Jewelry, watches, precious and semi-preciousstones, or articles of gold, silver, or platinum;b. If you or a member of your household performthe removal work, the value of your work will bebased on the Federal minimum wage.c.2.This coverage does not increase the CoverageA or Coverage B limit of liability.Loss Avoidance Measuresa. Sandbags, Supplies, and Labor(1) We will pay up to 1,000 for costs youincur to protect the insured building froma flood or imminent danger of flood, forthe following:(a) Your reasonable expenses to buy:(i) Sandbags, including sand to fill them;(ii) Fill for temporary levees;(iii) Pumps; and(iv) Plastic sheeting and lumber used inconnection with these items.(b) The value of work, at the Federalminimum wage, that you or a memberof your house-hold perform.(2) This coverage for Sandbags, Supplies, andLabor only applies if damage to insuredproperty by or from flood is imminent andthe threat of flood damage is apparentenough to lead a person of commonprudence to anticipate flood damage. Oneof the following must also occur:(a) A general and temporary condition offlooding in the area near the describedNFIP DWELLING FORM SFIPPAGE 6 OF 30
location must occur, even if the flooddoes not reach the building; or(b) A legally authorized official mustissue an evacuation order or othercivil order for the community inwhich the building is located callingfor measures to preserve life andproperty from the peril of flood.This coverage does not increase theCoverage A or Coverage B limit of liability.b. Property Removed to Safety(1) We will pay up to 1,000 for thereasonable expenses you incur to moveinsured property to a place other thanthe described location that contains theproperty in order to protect it from flood orthe imminent danger of flood. Reasonableexpenses include the value of work, at theFederal minimum wage, you or a memberof your household perform.(2) If you move insured property to a locationother than the described location thatcontains the property in order to protect itfrom flood or the imminent danger of flood,we will cover such property while at thatlocation for a period of 45 consecutivedays from the date you begin to move itthere. The personal property that is movedmust be placed in a fully enclosed buildingor otherwise reasonably protected fromthe elements.(3) Anyproperty removed, including amoveable home described in II.6.b andc, must be placed above ground level oroutside of the special flood hazard area.(4) This coverage does not increase theCoverage A or Coverage B limit of liability.3.Condominium Loss Assessmentsa. Subject to III.C.3.b below, if this policyinsures a condominium unit, we will pay, upto the Coverage A limit of liability, your shareof loss assessments charged against you bythe condominium association in accordancewith the condominium association’s articlesof association, declarations and your deed.The assessment must be made because ofdirect physical loss by or from flood duringthe policy term, to the unit or to the commonelements of the NFIP insured condominiumbuilding in which this unit is located.NFIP DWELLING FORM SFIPb. We will not pay any lossassessment:(1) Charged against you and thecondominium association byany governmental body;(2) That results from adeductible under theinsurance purchased by thecondominium associationinsuring common elements;(3) That results from a lossto personal property,including contents of acondomin ium building;(4) In which the total paymentcombined under all policiesexceeds the maximumamount of coverageavailable under the Act for asingle unit in a condominiumbuilding where the unitis insured under botha Dwelling Policy and aRCBAP; or(5) On any item of damage thathas already been paid undera RCBAP where a single unitin a condominium buildingis insured by both a DwellingPolicy and a RCBAP.c.Condominium Loss Assessment coveragedoes not increase the Coverage A Limitof Liability and is subject to the maximumcoverage limits available for a single-familydwelling under the Act, payable between allPAGE 7 OF 30
policies issued and covering the unit, underthe Act.D. Coverage D—Increased Cost of Compliance1.GeneralThis policy pays you to comply with a State orlocal floodplain management law or ordinanceaffecting repair or reconstruction of a buildingsuffering flood damage. Compliance activitieseligible for payment are: elevation, floodproofing,relocation, or demolition (or any combinationof these activities) of your building. Eligiblefloodproofing activities are limited to:a. Non-residential buildings.b. Residential buildings with basements thatsatisfy FEMA’s standards published in theCode of Federal Regulations [44 CFR 60.6(b)or (c)].2.Limit of LiabilityWe will pay you up to 30,000 under thisCoverage D—Increased Cost of Compliance,which only applies to policies with buildingcoverage (Coverage A). Our payment of claimsunder Coverage D is in addition to the amount ofcoverage which you selected on the applicationand which appears on the Declarations Page. Butthe maximum you can collect under this policy forboth Coverage A—Building Property and CoverageD—Increased Cost of Compliance cannot exceedthe maximum permitted under the Act. We do notcharge a separate deductible for a claim underCoverage D.3.(d) In addition to the current claim,the NFIP must have paid theprevious qualifying claim, and theState or community must have acumulative,substantialdamageprovision or repetitive loss provisionin its floodplain management law orordinance being enforced against thebuilding; or(2) Be a building that has had flood damagein which the cost to repair equals orexceeds 50 percent of the market valueof the building at the time of the flood.The State or community must have asubstantial damage provision in itsfloodplain management law or ordinancebeing enforced against the building.b. This Coverage D pays you to comply withState or local floodplain management laws orordinances that meet the minimum standardsof the National Flood Insurance Programfound in the Code of Federal Regulationsat 44 CFR 60.3. We pay for complianceactivities that exceed those standards underthese conditions:(1) 3.a.1 above.(2) Elevation or floodproofing in any riskon two occasions during a 10-yearperiod which ends on the date of thesecond loss.zone to preliminary or advisory baseflood elevations provided by FEMAwhich the State or local governmenthas adopted and is enforcing for flooddamaged buildings in such areas. (Thisincludes compliance activities in B, C, X,or D zones which are being changed tozones with base flood elevations. Thisalso includes compliance activities inzones where base flood elevations arebeing increased, and a flood-damagedbuilding must comply with the higheradvisory base flood elevation.) IncreasedCost of Compliance coverage does notapply to situations in B, C, X, or D zoneswhere the community has derived its ownelevations and is enforcing elevation orfloodproofing requirements for flooddamaged buildings to elevations derivedsolely by the community.(c) The cost to repair the flood damage,(3) Elevation or floodproofing above the baseEligibilitya. A building insured under Coverage A—Building Property sustaining a loss caused bya flood as defined by this policy must:(1) Be a “repetitive loss building.” Arepetitive loss building is one that meetsthe following conditions:(a) The building is insured by a contract offlood insurance issued under the NFIP.(b) The building has suffered flood damageon average, equaled or exceeded 25percent of the market value of thebuilding at the time of each flood loss.NFIP DWELLING FORM SFIPflood elevation to meet State or local“free-board” requirements, i.e., that abuilding must be elevated above the baseflood elevation.PAGE 8 OF 30
c.ordinances or laws. Eligibleactivities for the cost ofclearing the site will includethose necessary to discontinueutility service to the site andensure proper abandonment ofon-site utilities.b. When the building is repairedor rebuilt, it must be intendedfor the same occupancy asthe present building unlessotherwise required by currentfloodplain management ordi nances or laws.Under the minimum NFIP criteria at 44 CFR60.3(b)(4), States and communities mustrequire the elevation or floodproofing ofbuildings in unnumbered A zones to thebase flood elevation where elevation datais obtained from a Federal, State, or othersource. Such compliance activities are eligiblefor Coverage D.d. Coverage D will pay for the incremental cost,after demolition or relocation, of elevating orfloodproofing a building during its rebuildingat the same or another site to meet Stateor local floodplain management laws orordinances, subject to Coverage D Exclusion5.g below.e. Coverage D will pay to bring a flood-damagedbuilding into compliance with State or localfloodplain management laws or ordinanceseven if the building had received a variancebefore the present loss from the applicablefloodplain management requirements.4.Conditionsa. When a building insured underCoverage A—Building Propertysustains a loss caused by aflood, our payment for theloss under this Coverage D willbe for the increased cost toelevate, floodproof, relocate, ordemolish (or any combinationof these activities) caused bythe enforcement of currentState or local floodplainmanagement ordinances orlaws. Our payment for eligibledemolition activities will be forthe cost to demolish and clearthe site of the building debris ora portion thereof caused by theenforcement of current State orlocal floodplain managementNFIP DWELLING FORM SFIP5.ExclusionsUnder this Coverage D (IncreasedCost of Compliance), we will notpay for:a. The cost to comply with anyflood plain management lawor ordinance in communities participating in theEmergency Program.b. The cost associated with en forcement of any ordinance orlaw that requires any insuredor others to test for, monitor,clean up, remove, contain,treat, detoxify or neutralize, orin any way respond to, or assessthe effects of pollutants.c. The loss in value to anyinsured building due to thePAGE 9 OF 30
requirements of any ordinanceor law.d. The loss in residual value ofthe undamaged portion ofa building demolished as aconsequence of enforcementof any State or local flood plainmanagement law or ordinance.e. Any Increased Cost of Com pliance under this Coverage D:(1) Until the building is elevated,floodproofed, demolished, orrelocated on the same or toanother premises; and(2) Unless the building iselevated, floodproofed,demolished, or relocated assoon as reasonably possibleafter the loss, not to exceedtwo years.f. Any code upgrade requirements,e.g., plumbing or electricalwiring, not specifically relatedto the State or local floodplainmanagement law or ordinance.g. Any compliance activitiesneeded to bring additions orimprovements made after theloss occurred into compli ance with State or localflood plain management lawsor ordinances.NFIP DWELLING FORM SFIPh. Loss due to any ordinance orlaw that you were requiredto comply with before thecurrent loss.i. Any rebuilding activity tostandards that do not meet theNFIP’s minimum requirements.This includes any situationwhere the insured has receivedfrom the State or community avariance in connection with thecurrent flood loss to rebuild theproperty to an elevation belowthe base flood elevation.j. Increased Cost of Compliancefor a garage or carport.k. Any building insured underan NFIP Group FloodInsurance Policy.l. Assessments made by a condo minium association on individualcondominium unit owners topay increased costs of repairingcommonly owned buildings aftera flood in compliance with Stateor local floodplain managementordinances
provides flood insurance under the terms of the National Flood Insurance Act of 1968 and its amendments, and Title 44 of the Code of Federal Regulations. C. We will pay you for direct physical loss by or from flood to your insured property if you: 1. Have paid the full amount due (including applicable premiums, surcharges, and fees); 2.
