![]() Severe Repetitive Loss properties, which includes cumulatively damaged properties. ![]() Some policies using Pre-FIRM subsidized rates will see their premiums increase 25% per year until they reach their full-risk premium. There are some limited exceptions to the 18% increase. Recent legislative reforms have impacted the rating approach for certain Pre-FIRM buildings. The Homeowner Flood Insurance Affordability Act limits annual increases for individual premiums to 18% of the premium amount.
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