Risk Rating 2.0 - What You Need to Know

Louisiana REALTORS • March 16, 2022


Louisiana REALTORS® is the resource for REALTORS® for the latest updates in

Flood Insurance and it's affect on the real estate market.


Louisiana REALTORS® put together a schedule of virtual and in-person sessions that aim to provide an opportunity for you to hear the latest issues that impact the real estate industry as it pertains to the NFIP program and Risk Rating 2.0.


Flood insurance has changed, and real estate professionals need to know about Risk Rating 2.0: Equity in Action. During this two-hour course, participants will learn about current NFIP stats. The new methodology will be covered in depth, and it will be helpful to know what is changing and tips you can use to help buyers and sellers like in transferring existing policies. 


Courses were FREE to attend.


Also presented was the course on the NFIP - National Flood Insurance Program for Real Estate Professionals.  This course will give an overview of the National Flood Insurance Program (NFIP) and highlight specifics as it pertains to the real estate professional. These specifics will include Louisiana flood facts, terminology, risk, zones, where to find products & resources, and Legal Considerations and Impact for Real Estate Professionals. 


Presented by: Gilbert L. Giron – FEMA Region VI Flood Insurance Liaison 


Download Materials

NFIP for Real Estate Professionals Presentation Risk Rating 2.0 FAQ Risk Rating 2.0 - Rate Explanation Guide Risk Rating 2.0 - Discount Explanation Guide

Video Recordings

April 11, 2022 - Risk Rating 2.0 Video

April 21, 2022 - NFIP Video

Louisiana REALTORS®: Housing Will Be Critical to SpaceX Investment’s Success

By Louisiana REALTORS® • August 25, 2026
Louisiana REALTORS® CEO Norman Morris issued the following statement after SpaceX announced plans to invest $100 billion in a new launch facility in Vermilion Parish. The project is expected to create 3,000 direct jobs and more than 8,100 indirect jobs across Acadiana. “SpaceX’s investment is an extraordinary economic win for Louisiana. We congratulate Governor Jeff Landry, Louisiana Economic Development Secretary Susan Bourgeois, Vermilion Parish leaders, and everyone who helped bring this historic project home. The housing and infrastructure improvements needed to support more than 11,000 new job opportunities should generate a huge economic boost to the Acadiana and Gulf Coast region. According to the National Association of REALTORS®, each typical Louisiana home sale generates approximately $88,600 in economic activity. Even if only half of the new SpaceX related jobs lead to a home purchase, the impact would generate nearly half a billion dollars across our state's economy. That improves our tax base and school systems, and ripples through our economy touching builders, bankers, hardware stores, appliance dealers, contractors and so many more. “Housing is not downstream of economic development; it is an essential infrastructure. Louisiana REALTORS® and our partners stand ready to help turn these new jobs into homes, stronger communities and lasting roots in Louisiana. Economic development creates jobs, but housing turns those jobs into homes. Let’s make Louisiana home again, together.” Economic-impact estimates are illustrative calculations by Louisiana REALTORS® using employment projections from Louisiana Economic Development and the National Association of REALTORS®’ estimated economic impact per typical Louisiana home sale. They are not forecasts or recurring annual-impact figures. Enjoy the video below from the Louisiana Department of Economic Development .
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