What happens if a person wants different premium rates from the current FIRM?

When a person wants different premium rates from the current Flood Insurance Rate Map (FIRM), the correct course of action is to have the FIRM officially revised or amended. The FIRM serves as the authoritative source for determining flood zones and related insurance rates, and any changes to an individual's risk or property attributes need to be reflected in an updated FIRM to have a valid impact on insurance premiums.

In this context, if a property owner believes that their risk of flooding has changed—whether due to new construction, changes in land use, or other factors—they must follow the formal process to request an update to the FIRM. This ensures that all properties are evaluated and assessed based on the most current and accurate data, maintaining the integrity of the flood insurance program.

Other options do not address the formal requirements necessary to influence premium rates effectively. Opting out of flood insurance does not change the rates, negotiating with an insurance agent does not typically alter the FIRM rates backed by federal standards, and submitting an application for a new policy does not inherently change the mapping used to determine premiums. Therefore, having the FIRM revised or amended remains the only valid approach to affect premium rates through official channels.