NFIP (National Flood Insurance Program)

The National Flood Insurance Program (NFIP) is a U.S. government program that provides flood insurance to homeowners, businesses, and renters in participating communities. It aims to reduce the financial impact of flooding by encouraging floodplain management and offering affordable insurance coverage. The NFIP helps consumers protect their properties while also working to prevent flood damage through better local planning. Established in 1968, the program relies on collaboration between federal, state, and local governments to promote resilience against flooding, ensuring communities are better prepared for future flood risks.