The Risk Rating 2.0 Calculator works with the geographic rates listed in some SprinklesTM premium estimate maps. Geographic rates integrate all of the geographic components of Risk Rating 2.0 premium calculations. Geographic rates are also available through SprinkleDatTM detailed data sheets. The additional inputs needed to complete a premium estimate are those more readily known by homeowners, e.g., structure related inputs such as foundation type and location of machinery and equipment (e.g., furnace and hot water heater), and insurance contract related variables such as amount of coverage and deductible.
Proceed from top to bottom following the instructions provided for each input. Your premium estimate is continuously updated as you progress. Multiplier values are provided directly below their associated input(s). In some cases, some inputs become irrelevant and are automatically greyed out and can be skipped; adjusting these values will not affect the premium.
Once you have a premium estimate, try running what-if scenarios by modifying one or more inputs. For example, test the impact of elevating your home by modifying the Foundation Type and the First Floor Height. Other flood risk mitigation measures include adding flood vents (for raised solid-wall foundations) and/or raising machinery and equipment above the first floor.
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