national flood insurance program (NFIP) Flashcards

1
Q

federal program created to fill the gap in coverage left by who?

A

private insurers

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2
Q

the NFIP is administered by the

A

Federal Insurance Administration (FIA)

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3
Q

insurance is sold through NFIP and who else?

A

through a Write Your Own (WYO) insurance plan

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4
Q

NFIP only writes in which participating places?

A

flood zones

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5
Q

the eligibility requirements of the NFIP are:

A
  1. community land management and flood control programs

2. flood insurance for property owners

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