Flood Risk/Rated Zone (Indicate field name)
Provide the 1-to-3 character NFIP flood zone used to determine the premium rate.
Current Flood Zone
If the premium rate uses a Flood Risk/Rated Zone that is other than the NFIP flood zone determined on the current FIRM due to the application of the Grandfather rules, or the Preferred Risk Policy (PRP) Eligibility Extension, indicate the Current Flood Zone (the zone not used for rating). If Grandfather rules and/or the PRP Eligibility Extension do not apply, the premium rate must be determined with the current flood zone.
_________________________
The opinions expressed here should not be construed to be those of my employer:
PPDocs.com