National Flood Insurance Program


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National Flood Insurance Program

A federal program allowing people to purchase flood insurance.It is administered by the Federal Insurance Administration (FIA),which is a branch of the Federal Emergency Management Agency (FEMA). See flood insurance.

References in periodicals archive ?
I commend Senator Schumer for his push to reauthorize the National Flood Insurance Program which would ensure proper protection for all of our families and business owners along our coasts."
"This is welcome news for the thousands of homeowners in Louisiana who depend on the National Flood Insurance Program," he tweeted.
With Tulsa's Class 2 rating, National Flood Insurance Program policies issued or renewed in special flood hazard areas are eligible for a 40 percent discount in premium costs, while residents in other areas of Tulsa can receive 10 percent discounts on flood insurance policies.
SmarterSafer recently sent a letter to congressional leaders urging long-term reform to the National Flood Insurance Program. Click here to learn more, [ft]
The National Flood Insurance program (NFIP) is a partnership among federal, state and local governments that helps mitigate flood risk and provide affordable flood insurance to those who need it most.
Since private options are limited, most get subsidized policies through the National Flood Insurance Program, the federal government's plan, which covers about 5 million American property owners.
As Congress looks toward next year and the looming September 2017 expiration of the National Flood Insurance Program (NFIP), a bipartisan duo in the House has put forth legislation that would eliminate a major cost driver of the program.
House of Representatives is expected to receive legislation that would allow states to remove restrictions to private flood insurance coverage and provide consumers with an alternative to the National Flood Insurance Program.
The surplus lines industry has long served as a successful supplemental market to the National Flood Insurance Program INFIP).
These programs complement NFS's relationships with Write-Your-Own insurance companies participating in the National Flood Insurance Program (NFIP).
like a Senate-passed bill he helped write, would protect homeowners, businesses and communities from unreasonable flood insurance premiums without jeopardizing the stability of the National Flood Insurance Program (NFIP).
THE FEDERAL National Flood Insurance Program, like a private insurance company, charges premiums and pays out when disaster strikes clients.

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