44 C.F.R. § 206.253(b)(2) provides that if a facility insured under a blanket insurance policy is damaged in a future similar other than flood disaster, eligible costs will be reduced by the amount of eligible damage sustained in the previous disaster. The RA correctly determined that FEMA was required to reduce eligible costs by the amount of prior eligible damage sustained in the previous similar other than flood disaster because the Applicant used blanket coverage to meet its prior insurance requirement.

Stafford Act §§ 406(f)(1), 705(c). 44 C.F.R. §§ 206.253(b)(2), 206.228(a)(2)(ii). FP 205-081-2, Stafford Act Section 705, Disaster Grant Closeout Procedures, at 2, 4–5. PA Guide, at 97. 44 Fed. Reg. 64560. Terrebonne Par. Consol. Gov’t, FEMA-1786-DR-LA, at 3–4 (Sept. 26, 2014). Broward Cty. Sch. Bd. of Fla., FEMA-1609-DR-FL, at 6–7 (Nov. 28, 2018).