---
kind: "section"
citation: "44 C.F.R. § 61.8"
title: "44"
number: "61.8"
heading: "Applicability of risk premium rates."
url: "https://uscodex.org/cfr/44/61.8"
---

# §61.8. Applicability of risk premium rates.


Risk premium rates are applicable to all flood insurance made available for:

- (a) Any structure, the construction or substantial improvement of which was started after December 31, 1974 or on or after the effective date of the initial FIRM, whichever is later.
- (b) **Coverage which exceeds the following limits—**
  - (1) For dwelling properties in States other than Alaska, Hawaii, the Virgin Islands, and Guam (i) $35,000 aggregate liability for any property containing only one unit, (ii) $100,000 for any property containing more than one unit, and (iii) $10,000 liability per unit for any contents related to such unit.
  - (2) For dwelling properties in Alaska, Hawaii, the Virgin Islands, and Guam (i) $50,000 aggregate liability for any property containing only one unit, (ii) $150,000 for property containing more than one unit, and (iii) $10,000 aggregate liability per unit for any contents related to such unit.
  - (3) For churches and other properties (i) $100,000 for the structure and (ii) $100,000 for contents of any such unit.
- (c) Any structure or the contents thereof for which the chargeable rates prescribed by this part would exceed the risk premium rates.

## Notes

### Authority

Authority: 42 U.S.C. 4001 et seq.; 6 U.S.C. 101 et seq.

### Source

Source: 43 FR 2570, Jan. 17, 1978, unless otherwise noted. Redesignated at 44 FR 31177, May 31, 1979.