Federal Flood Insurance Program

The Federal Flood Insurance Program (NFIP) is a U.S. government initiative designed to provide flood insurance to property owners, renters, and businesses in flood-prone areas. Managed by FEMA, the program aims to reduce the financial impact of flooding by offering affordable insurance policies to those in high-risk zones. In exchange for insurance, communities must adopt and enforce floodplain management regulations to reduce future flood damage. The NFIP helps mitigate economic losses from floods, promoting resilience and recovery in affected areas.