Agency Information Collection Activities; Proposals, Submissions, and Approvals: National Flood Insurance Program Policy Forms

Agency Information Collection Activities: Submission for OMB Review, Comment Request; National Flood Insurance Program Policy Forms.

Dates

Comments must be submitted on or before September 13, 2024.

Supplementary Information

The NFIP is authorized by the National Flood Insurance Act of 1968 (NFIA) (Pub. L. 90-448) and expanded by the Flood Disaster Protection Act of 1973 (Pub. L. 93-234). The NFIA requires FEMA to provide flood insurance at full actuarial rates, reflecting the complete flood risk to structures built or substantially improved, on or after the effective date for the initial Flood Insurance Rate Map for the community, so that the risks associated with buildings in flood-prone areas are borne by those located in such areas and not by taxpayers at large. In accordance with the Flood Disaster Protection Act of 1973, the purchase of flood insurance is mandatory when Federal or Federally-related financial assistance is being provided for acquisition or construction of buildings located, or to be located, within FEMA-identified special flood hazard areas of communities that participate in the NFIP.

FEMA proposes minor revisions to the existing paper forms completed by licensed insurance agents and the addition of a new electronic form that property owners can complete online.

This proposed information collection previously published in the Federal Register on April 11, 2024, at 89 FR 25642 with a 60-day public comment period. One public comment discussing wildfires was received, but FEMA considers this comment to not be germane to this NFIP information collection. The purpose of this notice is to notify the public that FEMA will submit the information collection abstracted below to the Office of Management and Budget for review and clearance.

Collection of Information

Title: National Flood Insurance Program Policy Forms.

Type of Information Collection: Revision of a currently approved information collection.

OMB Number: 1660-0006.

FEMA Forms: FEMA Form FF-206-FY-21-117 (formerly 086-0-1), Flood Insurance Application; FEMA Form FF-206-FY-21-118 (formerly 086-0-2), Flood Insurance Cancellation/Nullification Request Form; FEMA Form FF-206-FY-21-119 (formerly 086-0-3), Flood Insurance General Change Endorsement, and FEMA Form FF-206-FY-24-103, e-Flood Insurance Application.

Abstract: Flood insurance policies are marketed through the facilities of insurance agents or brokers licensed in the various states, or property owners can apply for quotes online. Applications and quote requests may be forwarded to the NFIP Servicing Agent designated as fiscal agent by the FEMA. Upon receipt and examination of the application and required premium, the servicing company may issue the appropriate Federal flood insurance policy.

Affected Public: Individuals or households; State, local or Tribal Government; Business or other for profit; Not-for-profit institutions; and Farms.

Estimated Number of Respondents: 184,273.

Estimated Number of Responses: 184,273.

Estimated Total Annual Burden Hours: 28,642.

Estimated Total Annual Respondent Cost: $1,307,508.

Estimated Respondents' Operation and Maintenance Costs: $0.

Estimated Respondents' Capital and Start-Up Costs: $0.

Estimated Total Annual Cost to the Federal Government: $8,817,913.

Comments

Comments may be submitted as indicated in the ADDRESSES caption above. Comments are solicited to (a) evaluate whether the proposed data collection is necessary for the proper performance of the Agency, including whether the information shall have practical utility; (b) evaluate the accuracy of the Agency's estimate of the burden of the proposed collection of information, including the validity of the methodology and assumptions used; (c) enhance the quality, utility, and clarity of the information to be collected; and (d) minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g., permitting electronic submission of responses.