[Code of Federal Regulations]

[Title 44, Volume 1]

[Revised as of October 1, 2006]

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

[CITE: 44CFR61.8]



[Page 269]

 

              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.  61.8  Applicability of risk premium rates.



    Risk premium rates are applicable to all flood insurance made 

available for:

    (a) Any structure, the construction or substantial improvement of 

which was started after December 31, 1974 or on or after the effective 

date of the initial FIRM, whichever is later.

    (b) Coverage which exceeds the following limits:

    (1) For dwelling properties in States other than Alaska, Hawaii, the 

Virgin Islands, and Guam (i) $35,000 aggregate liability for any 

property containing only one unit, (ii) $100,000 for any property 

containing more than one unit, and (iii) $10,000 liability per unit for 

any contents related to such unit.

    (2) For dwelling properties in Alaska, Hawaii, the Virgin Islands, 

and Guam (i) $50,000 aggregate liability for any property containing 

only one unit, (ii) $150,000 for property containing more than one unit, 

and (iii) $10,000 aggregate liability per unit for any contents related 

to such unit.

    (3) For churches and other properties (i) $100,000 for the structure 

and (ii) $100,000 for contents of any such unit.

    (c) Any structure or the contents thereof for which the chargeable 

rates prescribed by this part would exceed the risk premium rates.