Table 1—Total Costs Over 10 Years
[2023$]
Year Policyholder costs FEMA costs WYO insurance company costs Total costs undiscounted Annual costs discounted at 2% 1 $8,544,708 $861,907 $3,586,152 $12,992,767 $12,738,007 ( print page 87305) 2 0 368,152 1,986,152 2,354,304 2,262,884 3 0 368,152 1,986,152 2,354,304 2,218,513 4 0 368,152 1,986,152 2,354,304 2,175,013 5 0 368,152 1,986,152 2,354,304 2,132,366 6 0 368,152 1,986,152 2,354,304 2,090,555 7 0 368,152 1,986,152 2,354,304 2,049,563 8 0 368,152 1,986,152 2,354,304 2,009,376 9 0 368,152 1,986,152 2,354,304 1,969,976 10 0 368,152 1,986,152 2,354,304 1,931,349 Total 8,544,708 4,175,275 21,461,520 34,181,503 31,577,602 Annualized 3,515,425
Document Information
- Effective Date:
- 12/31/2024
- Published:
- 11/01/2024
- Department:
- Federal Emergency Management Agency
- Entry Type:
- Rule
- Action:
- Final rule.
- Document Number:
- 2024-25213
- Dates:
- This rule is effective December 31, 2024.
- Pages:
- 87299-87309 (11 pages)
- Docket Numbers:
- Docket ID FEMA-2024-0030
- RINs:
- 1660-AB16
- Topics:
- Claims, Flood insurance, Reporting and recordkeeping requirements
- PDF File:
- 2024-25213.pdf
- CFR: (2)
- 44 CFR 61
- 44 CFR 62