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2023 Standard Flood Insurance Policy (SFIP) Commentary

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/ Categories: Flood, NFIP, Flood
2023 Standard Flood Insurance Policy (SFIP) Commentary

Source: NFIP WYO Company Bulletins

" FEMA is pleased to announce the release of its SFIP Commentary. The SFIP Commentary complements the NFIP Claims Manual (June 2023) by helping claims professionals quickly find current NFIP guidance relevant to key provisions and concepts contained within the Standard Flood Insurance Policy. The Commentary primarily refers to the Dwelling Form but highlights points of difference with the General Property and Residential Condominium Building Association Policy (RCBAP) as applicable."  source Bulletin W-23008a

"Overview:  The SFIP Commentary is a quick reference document for claims professionals to find current NFIP guidance relevant to key provisions and concepts contained within the Standard Flood Insurance Policy. The Commentary primarily refers to the October 2021 Dwelling Form, but highlights points of difference with the General Property and Residential Condominium Building Association Policy (RCBAP) as applicable. References in the Commentary are to the October 2022 Flood Insurance Manual and June 2023 Claims Manual. When viewing this digitally as a PDF, FEMA recommends viewing the document as a two-up continuous view (with cover page) in your PDF reader"

The source of the above is page 3 of SFIP Commentary.  A link to the complete Commentary is provided below.

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