National Flood Insurance Program
Plain English Summary
Makes flood insurance available and requires it for properties in flood zones with federally backed mortgages.
Full Text
The National Flood Insurance Program makes federally backed flood insurance available to homeowners, renters, and business owners in participating communities. Communities must adopt and enforce floodplain management regulations that meet or exceed FEMA requirements.
Federal law requires flood insurance for properties in Special Flood Hazard Areas that have mortgages from federally regulated or insured lenders. FEMA publishes flood maps (FIRMs) that identify flood-prone areas and determine flood insurance rates.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.