The National Flood Insurance Program (NFIP) has created a document to help you understand your flood insurance policy. It explains what is considered a “flood”, and it clarifies the definitions of terms like “Replacement Cost Value (RCV)”, “Actual Cash Value (ACV)”, and “Increased Cost of Compliance (ICC) Coverage”. It also gives a good overview of what is covered and what is not covered for both the Building Property Coverage and the Personal Property (Contents) Coverage.
You can find this document (English and Spanish version) on the FEMA website:
If you need information on financing and grants for elevating your home, please see our Elevation Grants Page.
Roubion Shoring has over 100 years of experience raising Louisiana homes.
Contact us (504-269-9909) today to find out if we can help you.