LITTLE ROCK, Ark. – Flood insurance policyholders in high risk flood areas (Special Flood Hazard Areas) may be able to receive up to $30,000 to help cover the cost of bringing a substantially damaged structure into compliance with the community’s floodplain management regulations.To qualify for ICC (Increased Cost of Compliance), a structure must either be substantially damaged (damage that is 50 percent or greater than the value of the building) or one that has been repeatedly damaged.ICC is a part of most Standard National Flood Insurance Program policies sold by insurance...
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