Q: The July 2015 Flood Final Rule contains an exemption from the flood insurance purchase requirements for certain detached structures. What is that exemption?
A: The Homeowner Flood Insurance Affordability Act amended the Flood Disaster Protection Act to include this exemption from the mandatory flood insurance purchase requirements. The exemption can apply for a structure that is part of a residential property, but is detached from the primary residential structure. The exemption can apply if the detached structure does not serve as a residence.