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TeachMeFinance.com - explain Flood Insurance Rate Map (FIRM) Flood Insurance Rate Map (FIRM) The term 'Flood Insurance Rate Map (FIRM)' as it applies to the area of flooding can be defined as 'Official map of a community on which the Mitigation Division Administrator has delineated both the special hazard areas and the risk premium zones applicable to the community'. Previous 5 Terms: Flood frequency Flood Frequency Curve Flood gate Flood Hazard Boundary Map (FHBM) Flood hydrograph Next 5 Terms: flood interval Flood irrigation Flood Loss Reduction Measures flood mark Flood of Record About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.