Submit-for-Rate

{
  "id": "MLC-T-INS-000232",
  "term": "Submit-for-Rate",
  "field": "Insurance and risk management",
  "definition": "An application for flood insurance on a building for which no risk rate is published in the NFIP Flood Insurance Manual. Insurance coverage can be obtained only after the insurer has approved the application and has established the risk premium rate.",
  "abbreviation": "SFR",
  "subject": "National Flood Insurance Program",
  "references": [
    "FloodSmart Flood Insurance Glossary",
    "FEMA Glossary"
  ],
  "url": "https://mlchart.com/terminology/insurance/submit-for-rate/"
}