The National Flood Insurance Program covers damage caused directly by a flood, defined by the NFIP as “an excess of water on land that is normally dry, affecting two or more acres of land or two or more properties.”

What are the core functions of the NFIP?

The general purpose of the NFIP is both to offer primary flood insurance to properties with significant flood risk, and to reduce flood risk through the adoption of floodplain management standards.

What does national flood insurance cover?

Your NFIP flood insurance policy covers direct physical losses caused by a flood. For example, damage caused by a sewer backup is covered if the backup is a direct result of flooding. If the sewer backup is not caused directly by flooding, the damage is not covered.

Is the National Flood Insurance Program Effective?

The NRC report concluded that “current NFIP methods for setting risk-based rates do not accurately and precisely describe critical hazard and vulnerability conditions that affect flood risk for negatively elevated structures.”

What are the four components of the National Flood Insurance Program?

The previous section (Types of Capabilities) identified four primary types of capabilities to achieve long-term risk reduction through mitigation planning: planning and regulatory, administrative and technical, financial and education and outreach.

Does FEMA pay well?

FEMA employees earn $50,000 annually on average, or $24 per hour, which is 28% lower than the national salary average of $66,000 per year.

How does the national flood insurance program work?

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 Federal Emergency Management Agency and is delivered to the public by a network of approximately 60 insurance companies and the NFIP Direct.

What was the National Flood Insurance Reform Act of 1994?

The National Flood Insurance Reform Act of 1994 codified the Community Rating System (an incentive program that encourages communities to exceed the minimal federal requirements for development within floodplains) within the NFIP.

What was the National Flood Insurance Act of 1968?

The National Flood Insurance Act of 1968, as amended, and The Flood Disaster Protection Act of 1973, as amended,42 U.S.C. 4001 et. seq.

How to find a flood insurance provider in your area?

If you need help finding a provider go to or call the NFIP at 877-336-2627. Plan ahead as there is typically a 30-day waiting period for an NFIP policy to go into effect, unless the coverage is mandated it is purchased as required by a federally backed lender or is related to a community flood map change. FloodSmart.gov