national flood insurance program (NFIP) Flashcards
1
Q
federal program created to fill the gap in coverage left by who?
A
private insurers
2
Q
the NFIP is administered by the
A
Federal Insurance Administration (FIA)
3
Q
insurance is sold through NFIP and who else?
A
through a Write Your Own (WYO) insurance plan
4
Q
NFIP only writes in which participating places?
A
flood zones
5
Q
the eligibility requirements of the NFIP are:
A
- community land management and flood control programs
2. flood insurance for property owners