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The NFIP offers two types of Flood insurance policies to property owners: the low-cost Preferred Risk <br /> Policy (PRI')and the Standard Flood Insurance Policy(SFFI'). The PRP is available for I- to 4-family <br /> residential structures located outside the SFHA with little or no loss history. The PRI' is available for <br /> townhouse/rowhouse-type structures, but is not available for other types ofcondominium units. llie SFIP <br /> is available for all other structures. Additional information on the PRI'and how a property owner can <br /> quality for(his type of policy now be obtained by calling the Flood Insurance Information Hotline- toll free. <br /> at 1-800427-4661. Before making a final decision about Flood insurance coverage. FEMA s(rongh• <br /> encourages property owners to discuss their individual Flood risk situation and insurance needs with an <br /> insurance agent or company. <br /> FEMA has established "Grandfather" rules to benefit flood insurance policyholders who hays maintained <br /> continuous coverage. Property owners may wish to note also that, if they live outside but on the fringe of <br /> the SHIA shown on an effective NFIP map and the map is revised to expand the SFHA Io include their <br /> struclure(S), their Flood insurance policy rates will not increase as long as the coverage for the affected <br /> structure(s) has been continuous. Properly owners would continue to receive the lower insurance policy <br /> rates. <br /> -LOMAs are'baseA on minimum criteria established by the NFIP. State, county. and community officials. <br /> based of knowledge of local conditions and in the interest of safety. may set higher standards for <br /> construction in the SFHA. If a State. county, or community has adopted more restrictive and <br /> comprehensive floodplain management criteria, these criteria take precedence over the minimum Federal <br /> .criteria. <br /> In accordance with regulations adopted by the community when it made application to join (he NFIP. <br /> letters issued to amend an NFIP map must be attached to the cotmmunity's official record copy of the map. <br /> That map is available for public inspection at the community's official map repository. Therefore. FESIA <br /> sends copies of all such letters to the affected community's official map repository. <br /> When a restudy is undertaken, or when a sufficient number of revisions or amendments occur on particular <br /> neap panels. FEMA initiates the printing and distribution process for the affected panels. FEMA notifies <br /> community officials in writing when affected map panels are being physicaliv revised and distributed. In <br /> such cases, 1'ENI A attempts to reflect the results of the LOMA on the new, map panel. II the results of <br /> particular LOMAs cannot be reflected on the new map panel because of scale limitations- FEMA notifies <br /> the community in writing and revalidates the LOMAs in that letter. LOMAs revalidated in this way <br /> usually will become effective I day after the elective date of the revised map. <br /> LOMAENC-1 <br />