Flood Zone(current zone) not on Policy/Dec Page

Posted By: mdog76

Flood Zone(current zone) not on Policy/Dec Page - 02/22/19 07:13 PM

Is it a problem if on the flood declarations page that Flood Risk/Rated Zone as AE but the Current Zone is blank? Insurance is saying it can't be printed with current zone populated.
Posted By: rlcarey

Re: Flood Zone(current zone) not on Policy/Dec Page - 02/22/19 07:50 PM

Not sure why that would be, but as long as it is rated in the correct zone, you should be fine.
Posted By: mdog76

Re: Flood Zone(current zone) not on Policy/Dec Page - 02/22/19 08:26 PM

Does it matter if it commercial property? I'm being told that the Current Zone will only show if it a Preferred Risk Policy or it is a different zone from the Risk/Rated Zone.
Posted By: rlcarey

Re: Flood Zone(current zone) not on Policy/Dec Page - 02/22/19 08:44 PM

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.
Posted By: rlcarey

Re: Flood Zone(current zone) not on Policy/Dec Page - 02/22/19 09:05 PM

If you want to see what all is required on a dec page - go here - attachment E

https://nfipservices.floodsmart.gov/sites/default/files/w-18021a.pdf
Posted By: vdavis

Re: Flood Zone(current zone) not on Policy/Dec Page - 03/06/19 07:50 PM

After reviewing some flood declarations, it was found that a few declarations have the current zone blank. Is it necessary to list the current zone, since the flood risk/rated zone already has AE or VE ??
Posted By: rlcarey

Re: Flood Zone(current zone) not on Policy/Dec Page - 03/06/19 09:06 PM

Did you read attachment E in the document I linked in my last post?