|  Photo by Sue Thompson. Used under a Creative Commons Attribution-No Derivatives 2.0 license.
Insurance standards setting organization ACORD has announced revisions to two of its published forms pertaining to flood insurance. You should plan on using the new editions starting in December. ACORD is treating both as new forms due to the number of changes.
ACORD 301 (2022/12), National Flood Insurance Program - Flood Insurance Application, replaces the 2015/04 edition. It is designed to work with the NFIP's Risk Rating 2.0: Equity In ACTION rating methodology, introduced last year.
ACORD 304 (2022/12), NFIP - Flood Insurance Cancellation/Nullification, replaces the 2018/08 edition. It is designed to work with the policy cancellation instructions in the Flood Insurance Manual. The Federal Emergency Management Administration (FEMA,) which administers the NFIP, provides additional information on its website.
The new forms should be available through agency management systems or an ACORD Advantage subscription by December. You should use them starting December 1.
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