Get DEPARTMENT OF HOMELAND SECURITY Federal Emergency Management Agency National Flood Insurance Program

What Is the NFIP? The NFIP is often referred to as a “three-legged stool”, meaning there are 3 different parts that help support the program – Flood Insurance, Floodplain Development Regulations, and Floodplain Maps.

Created by Congress in 1968, the National Flood Insurance Program (NFIP) provides insurance to help reduce the socio-economic impact of floods. Flood insurance is a separate policy that can cover buildings, the contents in a building, or both.

The National Flood Insurance Program provides insurance to help reduce the socio-economic impact of floods. The National Flood Insurance Program (NFIP) is managed by the FEMA and is delivered to the public by a network of more than 50 insurance companies and the NFIP Direct.

The NFIP provides flood insurance to property owners, renters and businesses, and having this coverage helps them recover faster when floodwaters recede. The NFIP works with communities required to adopt and enforce floodplain management regulations that help mitigate flooding effects.

The purpose of the National Flood Insurance Program (NFIP) is to provide coverage against flooding (by direct loss) for all owners of insurable property (a building and/or its contents) in a community participating in the National Flood Insurance Program (NFIP).

The NFIP has two main policy goals: (1) to provide access to primary flood insurance, thereby allowing for the transfer of some of the financial risk from property owners to the federal government, and (2) to mitigate and reduce the nation's comprehensive flood risk through the development and implementation of ...

About Your Flood Policy A Standard Flood Insurance Policy is a single-peril (flood) policy that pays for direct physical damage to your insured property up to the replacement cost or Actual Cash Value (ACV) (See “How Flood Damages Are Valued”) of the actual damages or the policy limit of liability, whichever is less.

The NFIP has two main policy goals: (1) to provide access to primary flood insurance, thereby allowing for the transfer of some of the financial risk from property owners to the federal government, and (2) to mitigate and reduce the nation's comprehensive flood risk through the development and implementation of ...