The NFIP stands for the National Flood Insurance Program. The NFIP provides flood insurance to property owners, renters, and businesses.

The National Flood Insurance Program (NFIP) provides insurance to help reduce the socio-economic impact of floods. It is managed by FEMA.

What Makes Private Flood Insurance Different than the NFIP Risk Rating 2.0? What options do I have in regard to Flood Insurance Coverage?

FEMA announced the long-awaited implementation of Risk Rating 2.0 planned for October 2021.

There are primarily two options when looking for a flood insurance policy; the NFIP and Private Flood Insurance carriers.