Flood insurance policies are marketed through the facilities of licensed insurance agents or brokers in the various states, or property owners can apply for quotes online. Applications and quote requests are forwarded to a servicing company designated as fiscal agent by the Federal Insurance Administration (FIA). Upon receipt and examination of the application and required premium, the servicing company issues the appropriate Federal flood insurance policy.
There is an overall reduction of 22,986 burden hours in this collection. Two instruments had a reduction in the expected number of respondents based on a decrease in the number of instruments submitted lead to a 29,151 burden hour reduction (-2,447 + -26,704 = -29,151). That reduction is mitigated by an increase in the number of respondents for a third instrument and the addition of a fourth instrument to the collection leading to a 6,165 burden hour increase (6,153 + 12= 6,165) and the overall reduction of 22,986 burden hours (-29,151 + 6,165).
FEMA Form FF-206-FY-21-117 (formerly 086-0-1), Flood Insurance Application â The burden hours increased by 6,153 based on the increased number of applications submitted (9,965 â 3,812 = 6,153).
FEMA Form FF-206-FY-21-118 (formerly 086-0-2), Flood Insurance Cancellation/Nullification Request Form â The burden hours decreased by 2,447 based on the decreased number of cancellation forms submitted (4,645 â 2,198 = 2,447).
FEMA Form FF-206-FY-21-119 (formerly 086-0-3), Flood Insurance General Change Endorsement â The burden houses decreased by 26,704 based on the decreased number of endorsement forms submitted (16,467 â 43,171 = -26,704).
FEMA Form FF-206-FY-24-103, e-Flood Insurance Application â The burden hours for this new form are estimated to be 12 hours (100 x 0.1167 = 11.67, rounded up to 12).
FEMA Form FF-206-FY-21-117 (formerly 086-0-1), Flood Insurance Application â The increase in the annual cost burden is due to the increase in the number of applications submitted (from 17,593 to 45,986) and the increase in the wage rate to $43.15. The cost burden has increased by $275,185, from $154,805 to $429,990.
FEMA Form FF-206-FY-21-118 (formerly 086-0-2), Flood Insurance Cancellation/Nullification Request Form â The decrease in the annual cost burden is due to the decrease in the number of cancellation forms submitted, from 30,964 to 14,656. The cost burden has decreased by $93,789, from $188,633 to $94,844.
FEMA Form FF-206-FY-21-119 (formerly 086-0-3), Flood Insurance General Change Endorsement â The decrease in the annual cost burden is due to the decrease in the number of endorsement forms submitted, from 323,865 to 123,531. The cost burden has decreased by $1,042,623.
FEMA Form FF-206-FY-24-103, e-Flood Insurance Application â The annual cost burden for this new form is estimated to be $518.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Form FEMA Form FF-206-F e-Flood Insurance Application
SORN-DHS-FEMA-003 NFIP Files (79 FR 28747, 2014 05 19).pdf
Narrative of Changes Table 2-8-24.docx
e-Flood Insurance Application