44 C.F.R. § 61.9   Establishment of chargeable rates.


Title 44 - Emergency Management and Assistance


Title 44: Emergency Management and Assistance
PART 61—INSURANCE COVERAGE AND RATES

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§ 61.9   Establishment of chargeable rates.

(a) Under section 1308 of the Act, we are establishing annual chargeable rates for each $100 of flood insurance coverage as follows for Pre-FIRM, A zone properties, Pre-FIRM, V-zone properties, and emergency program properties.

 ----------------------------------------------------------------------------------------------------------------                                                  A zone \1\ rates per year  per  V zone \2\ rates per year  per                                                         $100 coverage on:               $100 coverage on:                                                 ---------------------------------------------------------------                                                       structure                       Structure                Type of structure                ---------------------           ---------------------                                                    RCBAP \3\                       RCBAP \3\                                                 --------------  All    Contents --------------  All    Contents                                                   High   Low   other              High   Low   other                                                   rise   rise                     rise   rise----------------------------------------------------------------------------------------------------------------1. Residential:    No Basement or Enclosure....................    .85    .70    .76        .96   1.08    .93    .99       1.23    With Basement or Enclosure..................    .90    .75    .81        .96   1.15   1.00   1.06       1.232. All other including hotels and motels with normal occupancy of less than 6 months duration:    No Basement or Enclosure....................    N/A    N/A    .83       1.62    N/A    N/A   1.10       2.14    With Basement or Enclosure..................    N/A    N/A    .88       1.62    N/A    N/A   1.16      2.14----------------------------------------------------------------------------------------------------------------\1\ 1 A zones are zones A1-A30, AE, AO, AH, and unnumbered A zones.\2\ V zones are zones V1-V30, VE, and unnumbered V zones.\3\ Residential Condominium Building Association Policies (RCBAP) are distinguished between High Rise (those  structures that have 3 or more floors and 5 or more units) and Low Rise (those structures that have either  less than 3 floors or less than 5 units).

(b) We will charge rates for contents in pre-FIRM buildings according to the use of the building.

(c) A-zone rates for buildings without basements or enclosures apply uniformly to all buildings throughout emergency program communities.

[64 FR 13116, Mar. 17, 1999, as amended at 67 FR 8905, Feb. 27, 2002; 68 FR 15668, Apr. 1, 2003]

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