Under the Emergency Flood Insurance Program, which properties become eligible and at what rates?

• A. All properties in low-risk zones at standard rates
• B. All properties in base flood zones become eligible at emergency program rates
• C. Only new buildings; at discounted rates
• D. Only commercial properties; at reduced rates

Answer: (B)

During the Emergency Flood Insurance Program, the coverage is available for properties located in base flood zones—those high‑risk areas identified on flood maps as the 100‑year floodplain. In this phase, eligible properties can purchase flood insurance at Emergency Program rates, which are lower and more limited than the rates and coverage offered under the Regular Program. This setup is designed to provide quick, temporary protection while the full program is being established. It’s not about low‑risk areas, new buildings, or just commercial properties—the rule is about base flood zone eligibility, regardless of property type.