FRS’ clients most often qualify for a reduction by placing accuracy using evidence obtained through our process. The reduction is the result of a re-rate of the current flood insurance premium. FRS works closely with your flood insurance company to ensure the supporting evidence is utilized in order to establish the correct level of risk. This qualifies the structure owner for a reimbursement of the portion overpaid for the current year, due to the previously inflated premium.
Furthermore, the structure remains in compliance with respect to Federal and lending requirements. Thus providing “peace of mind” that the adjusted annual flood insurance premium is justified.