Is there a grace period when moving from X-zone to A (or some other zone)?

The best recommendation is to have a Preferred Risk Policy (PRP; if they qualify per National Flood Insurance Program rules) in place before the maps become effective. If not, they still have 12 months from the effective date to purchase a PRP. They will then be rated using the Newly Mapped Procedure (PDF). (Note that the link to the latest version of this fact sheet is broken, so what is included is to the old fact sheet with the same information-previous look. We’ll get you the updated version.)

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1. My condo building is located within a flood zone. Yet my unit is on the seventh floor, well above the flood level. Clearly, my unit will never flood, so why do I need to carry flood insurance?
2. How to I find a Flood Insurance agent or how do I buy a flood insurance policy?
3. Is there a grace period when moving from X-zone to A (or some other zone)?
4. What advice is available regarding obtaining a policy before the effective date and a 1-year timeline?
5. How and when will a flood risk increase impact my bills?
6. If I'm in a high-risk flood zone and my Base Flood Elevation goes up in the new maps, what's the impact on my premium? How fast are new premiums reflected on the policy?
7. Where can we find general LiMWA (the new type of flood zones known as Coastal A Zones) information?