[Code of Federal Regulations]

[Title 44, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 44CFR61.13]



[Page 272]

 

              TITLE 44--EMERGENCY MANAGEMENT AND ASSISTANCE

 

 CHAPTER I--FEDERAL EMERGENCY MANAGEMENT AGENCY, DEPARTMENT OF HOMELAND 

                                SECURITY

 

PART 61_INSURANCE COVERAGE AND RATES--Table of Contents

 

Sec. 61.13  Standard Flood Insurance Policy.



    (a) Incorporation of forms. Each of the Standard Flood Insurance 

Policy forms included in appendix ``A'' hereto (General Property, 

Dwelling, and Residential Condominium Building Association) and by 

reference incorporated herein shall be incorporated into the Standard 

Flood Insurance Policy.

    (b) Endorsements. All endorsements to the Standard Flood Insurance 

Policy shall be final upon publication in the Federal Register for 

inclusion in appendix A.

    (c) Applications. The application and renewal application forms 

utilized by the National Flood Insurance Program shall be the only 

application forms used in connection with the Standard Flood Insurance 

Policy.

    (d) Waivers. The Standard Flood Insurance Policy and required 

endorsements must be used in the Flood Insurance Program, and no 

provision of the said documents shall be altered, varied, or waived 

other than by the express written consent of the Administrator through 

the issuance of an appropriate amendatory endorsement, approved by the 

Administrator as to form and substance for uniform use.

    (e) Oral and written binders. No oral binder or contract shall be 

effective. No written binder shall be effective unless issued with 

express authorization of the Administrator.

    (f) The Standard Flood Insurance Policy and endorsements may be 

issued by private sector ``Write-Your-Own'' (WYO) property insurance 

companies, based upon flood insurance applications and renewal forms, 

all of which instruments of flood insurance may bear the name, as 

Insurer, of the issuing WYO Company. In the case of any Standard Flood 

Insurance Policy, and its related forms, issued by a WYO Company, 

wherever the names ``Federal Emergency Management Agency'' and ``Federal 

Insurance Administration'' appear, the WYO Company is authorized to 

substitute its own name therefor. Standard Flood Insurance Policies 

issued by WYO Companies may be executed by the issuing WYO Company as 

Insurer, in the place and stead of the Federal Insurance Administrator.



[43 FR 2570, Jan. 17, 1978. Redesignated at 44 FR 31177, May 31, 1979, 

as amended at 44 FR 62517, Oct. 31, 1979; 48 FR 46791, Oct. 14, 1983; 58 

FR 62424, Nov. 26, 1993]



[[Page 273]]