Flood Insurance Program — 5 Things You Ought to Know
Federal government have involved in making flood insurance coverage became available. Congress created NFIP, National Flood Insurance Program, for community to eligible for this insurance. This insurance program is administered by Federal Emergency Management Agency (FEMA)
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Eligibility Criteria
In most cases government will decide that a community is flood prone, if they comply with federal flood program standards. To be eligible to get Flood Policy’s coverage, most building that is walled and have roof, and location is above ground. (more…)