Question: How does a community receive a rating system discount? exceed minimum NFIP requirements if it has a favorable claims rating exempt homes from NFIP coverage
How does a community receive a rating system discount?
exceed minimum NFIP requirements
if it has a favorable claims rating
exempt homes from NFIP coverage due to no losses in the last five years
if the NFIP deems the community worthy of a rating discount
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
