National flood insurance program

Federal program created by Congress in 1968 that makes flood insurance available in communities that enact and enforce satisfactory floodplain management regulations.

A federal program through which per-sons with property located in predefined flood plains can obtain flood coverage. See Flood insurance.

Coverage against flooding for personal and business property under the National Flood Insurance Act of 1968, provided by a partnership of private insurers and the government.Top

The Federal regulatory program under which flood-prone areas are identified and flood insurance is made available to residents of participating communities.

The NFIP is a program that is part of FEMA that was developed to provide information about the risks of flooding and allow citizens to purchase flood insurance to protect them from the financial risks of flooding.

(NFIP) Federal program providing flood insurance for fixed property. Under a "dual" program coverage may be written directly by the NFIP or by insurance carriers whose losses may be reimbursed by the NFIP.

posted by your Insurance @ 3:10 AM,

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