FEMA is changing how they calculate flood insurance premiums with Risk Rating 2.0. The new insurance rating program officially starts October 1, 2021, but some legacy programs will be ending August 31. People will see rates go down and others will see rates go up depending on how close you are to a flood hazard, how high your ground is, and some additional factors. If your flood insurance is scheduled to be more expensive after August 31, 2021, it is best to purchase a policy NOW so that cost in