Criteria for Preparation of Flood Hazard Boundary and Flood Insurance Rate Maps

1974 ◽  
Keyword(s):  
Flood Hazard ◽  
Flood Insurance ◽  
Insurance Rate

Supplementary material to "Going beyond the Flood Insurance Rate Map: insights from flood hazard map co-production"

2017 ◽  
Author(s):  
Adam Luke ◽  
Brett F. Sanders ◽  
Kristen Goodrich ◽  
David L. Feldman ◽  
Danielle Boudreau ◽  
...  
Keyword(s):  
Flood Hazard ◽  
Flood Insurance ◽  
Hazard Map ◽  
Flood Hazard Map ◽  
Insurance Rate ◽  
Supplementary Material

scholarly journals THE STUDY OF INSURANCE PREMIUM RATE GIS MAPPING CONSIDERING THE STORM AND FLOOD HAZARD RISKS

2016 ◽  
Vol XLI-B8 ◽  
pp. 95-98
Author(s):  
J. S. Lee ◽  
I. S. Lee
Keyword(s):  
Adverse Selection ◽  
Flood Hazard ◽  
Insurance Premium ◽  
Gis Mapping ◽  
Flood Insurance ◽  
Gis Analysis ◽  
Risk Area ◽  
High Risk Area ◽  
Premium Rate ◽  
Insurance Rate

Recently, the number of natural disaster occurrence is increasing because of abnormal changes of weather in Korea. In Korea the storm and flood insurance system is in effect to prevent these natural disasters. The national storm and flood insurance Premium rate is very low and the risk of adverse selection resides because of choosing by who lives in high risk area. To solve these problems, the storm and flood insurance rate map are required. In this study, the prototype of storm and flood insurance premium rate map of the Ulsan, Korea was made and the method of GIS analysis for the insurance premium rate calculating and the procedure of the Ulsan storm and flood insurance rate map were researched.

scholarly journals Flood insurance rate map for non-structural mitigation

2019 ◽  
Vol 76 ◽  
pp. 03002 ◽  
Author(s):  
Rasyikin Roslan ◽  
Rohayu Che Omar ◽  
M. Hara ◽  
B. Solemon ◽  
I.N.Z Baharuddin
Keyword(s):  
Flood Risk ◽  
Flood Hazard ◽  
Insurance Premium ◽  
Flood Disaster ◽  
Mitigation Measures ◽  
Flood Insurance ◽  
Detailed Knowledge ◽  
Social Infrastructure ◽  
Risk Area ◽  
Insurance Rate

December 2014 flooding in Kelantan river basin caused severe damage to economic and social infrastructure and dealt a serious blow to Kelantan state economies. Mitigation of flood disaster can be successful only when detailed knowledge is obtained about the vulnerability of the people, buildings, infrastructure and economic activities in a flood risk area. Therefore, to identify a community's flood risk, pre-disaster financial instrument will be introduced as non-structural mitigation measures know as flood insurance rate map. This instrument will be developed based on geospatial technology using satellite images, topographic surveys, cadastral map, type of community building such as residential or commercial and households’ income. Flood hazard maps and flood insurance rate map will provide the flood risk zone and flood insurance rate and premium coverage for the affected community. In additions it helps to determine the type of flood insurance coverage is needed since standard homeowners’ insurance doesn't cover flooding. Flood insurance rate map will provide affordable insurance for property owners, based on the lower the degree of risk state in flood hazard map, the lower the flood insurance premium. These insurance rate map are valuable to communities because it creates safer environments by reducing loss of life and decreasing property damage, allows individuals to minimize post-flood disaster disruptions and to recover quicker.

scholarly journals THE STUDY OF INSURANCE PREMIUM RATE GIS MAPPING CONSIDERING THE STORM AND FLOOD HAZARD RISKS

2016 ◽  
Vol XLI-B8 ◽  
pp. 95-98
Author(s):  
J. S. Lee ◽  
I. S. Lee
Keyword(s):  
Adverse Selection ◽  
Flood Hazard ◽  
Insurance Premium ◽  
Gis Mapping ◽  
Flood Insurance ◽  
Gis Analysis ◽  
Risk Area ◽  
High Risk Area ◽  
Premium Rate ◽  
Insurance Rate

Recently, the number of natural disaster occurrence is increasing because of abnormal changes of weather in Korea. In Korea the storm and flood insurance system is in effect to prevent these natural disasters. The national storm and flood insurance Premium rate is very low and the risk of adverse selection resides because of choosing by who lives in high risk area. To solve these problems, the storm and flood insurance rate map are required. In this study, the prototype of storm and flood insurance premium rate map of the Ulsan, Korea was made and the method of GIS analysis for the insurance premium rate calculating and the procedure of the Ulsan storm and flood insurance rate map were researched.

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