Existing Construction
Term · Insurance and risk management · MLC-T-INS-000074
For the purposes of determining flood insurance rates, structures for which the "start of construction" commenced before the effective date of the Flood Insurance Rate Map (FIRM) or before January 1, 1975, for FIRMs effective before that date. "Existing construction" may also be referred to as "existing structures."
National Flood Insurance Program Requirements
• 59.1 - Definition
| Identifier | MLC-T-INS-000074 |
|---|---|
| Field | Insurance and risk management |
| Subject | National Flood Insurance Program |
| References | FEMA Glossary |
Record as JSON
{
"id": "MLC-T-INS-000074",
"term": "Existing Construction",
"field": "Insurance and risk management",
"definition": "For the purposes of determining flood insurance rates, structures for which the \"start of construction\" commenced before the effective date of the Flood Insurance Rate Map (FIRM) or before January 1, 1975, for FIRMs effective before that date. \"Existing construction\" may also be referred to as \"existing structures.\"\n\nNational Flood Insurance Program Requirements\n\n• 59.1 - Definition",
"subject": "National Flood Insurance Program",
"references": [
"FEMA Glossary"
],
"url": "https://mlchart.com/terminology/insurance/existing-construction/"
}
Record 74 of 272 in Insurance and risk management terminology (MLC-0106). Request the full dataset.