Fema Test Answers for : IS-1102: Theory of Elevation Rating
This course is to guide insurance professionals, particularly agents, through the steps to properly determine the Lowest Floor Elevation for Post-FIRM Buildings in A or V zones as shown on the FEMA Elevation Certificate. Due to BW-12 legislation and HFIAA-14, elevation certificates play a more crucial role in determining a policyholder’s premium rate.
Determine when an Elevation Certificate is necessary to properly rate a flood insurance policy
Describe the characteristics of, and differences between an A Zone and a V Zone
List the steps for accurately identifying the lowest floor in a building for rating purposes using the Elevation Certificate
Follow the basic steps for elevation rating
Determine when a building should be considered a “submit for rate”
Determine the lowest floor for rating for several types of non-elevated buildings using Elevation Certificate Building Diagrams 1 through 4
Determine the lowest floor for rating for several types of elevated buildings using Elevation Certificate Building Diagrams 5 through 9
Explain how rating in V Zones is different that rating in A Zones
Describe the NFIP requirements for proper flood openings and how proper flood openings affect rating
Describe how insect screening, lattice, or slats affect insurance rates
Describe how machinery and equipment affect insurance rates
Describe options for reducing NFIP Flood Insurance premiums
Locate online resources related to elevation ratings
Property and casualty insurance agents.
IS-1101, Basic Agent Tutorial and IS-1105, EC made EZ are the recommended prerequisite courses.