On October 1^st, FEMA began phasing in a new flood insurance pricing system called Risk Rating 2.0: Equity in Action. Through a two-phase process, rate changes took effect for new flood insurance policies on Oct. 1, 2021, and for existing policy renewals on April 1, 2022. 

NAR supports the changes and has launched a Risk Rating 2.0 Landing Page and developed the following comprehensive packet of educational information for members to talk with customers about Risk Rating 2.0:

• NAR Myth Buster
• FEMA-NAR Flyer for Homeowners
• NAR Frequently Asked Questions (FAQs)
• NAR Member Legal Guidance
• NAR-FEMA Toolkit: Disaster Preparedness
• Video: NAR-FEMA Townhall
• Video: Flood Insurance & Disclosures: What You Need to Know Now