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  2. Buying a house in a flood zone? Know the risks first - AOL

    www.aol.com/finance/buying-house-flood-zone-know...

    The average annual cost for a flood policy from the National Flood Insurance Program (NFIP), which is administered by FEMA, is $800. But the premium you pay can vary depending on your location ...

  3. Thousands of US communities forgo federal flood insurance - AOL

    www.aol.com/thousands-us-communities-forgo...

    "In counties and rural areas, you need to pick up 10 to 20 square miles of drainage before a FEMA flood map starts picking up on the floodplain area, yet you have flood risk even if there's only a ...

  4. National Flood Insurance Program - Wikipedia

    en.wikipedia.org/wiki/National_Flood_Insurance...

    The National Flood Insurance Program (NFIP) is a program created by the Congress of the United States in 1968 through the National Flood Insurance Act of 1968 (P.L. 90-448). The NFIP has two purposes: to share the risk of flood losses through flood insurance and to reduce flood damages by restricting floodplain development.

  5. What is flood insurance, and why do you need it? - AOL

    www.aol.com/flood-insurance-why-220402245.html

    In the United States, FEMA has traditionally provided all flood insurance plans through the National Flood Insurance Program (NFIP). That means that even a plan through a company like GEICO is ...

  6. Federal Emergency Management Agency - Wikipedia

    en.wikipedia.org/wiki/Federal_Emergency...

    This case gave FEMA the right to sue in order to recover funds paid out in flood insurance claims for flood damage as a result of poor decisions by local officials and developers. The case also gave FEMA the power to sue localities who fail to meet flood plain management requirements. [110]

  7. Flood insurance - Wikipedia

    en.wikipedia.org/wiki/Flood_insurance

    Anyone residing in a community participating in the NFIP can buy flood insurance, [10] even renters. However, unless one lives in a designated floodplain and is required under the terms of a mortgage to purchase flood insurance, flood insurance does not go into effect until 30 days after the policy is first purchased. [11]

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