abstractSince standard homeowners insurance doesn't cover flooding, it's important to have protection from the floods associated with hurricanes, tropical storms, heavy rains and other conditions that impact the U.S. The National flood Insurance Program (NFIP) aims at developing insurance in flood-prone areas. The NFIP makes flood insurance available, but also supports local communities in their efforts to reduce the risk and consequences of serious flooding. In order to participate in the NFIP, a community must agree to adopt and enforce sound floodplain management regulations and ordinances. In exchange for these practices, flood insurance is made available to homeowners, business owners and renters in these communities .
Last modified: Jan. 28, 2016, 5:20 p.m.