Risk Rating 2.0: Equity in Action Guidance

As we approach the Oct. 1, 2021 implementation of Risk Rating 2.0 (RR 2.0): Equity in Action, FEMA’s new pricing methodology for the National Flood Insurance Program (NFIP), FEMA is pleased to share our finalized RR 2.0 guidance documents.

The RR 2.0 Flood Insurance Manual outlines the NFIP underwriting policies and processes to enable effective and consistent program implementation within the new pricing framework. The RR 2.0 Industry Transition Memo outlines how a policy rated with the legacy rating plan transitions to the new pricing methodology.

For a background and additional information about FEMA’s new pricing methodology, please visit fema.gov/flood-insurance/work-with-nfip/risk-rating.

Risk Rating 2.0 Pricing Methodology Underwriting Forms