National Flood Insurance Program (NFIP)

The National Flood Insurance Program is a federal program managed by FEMA created to provide flood insurance to homeowners, renters, and business owners in participating communities. Standard homeowner insurance policies typically do not cover flood damage, leaving many property owners vulnerable. The NFIP fills this gap by offering government-backed coverage. The goal of the program is to reduce the impact of flooding on private and public structures by providing affordable insurance while encouraging communities to adopt and enforce floodplain management regulations.