FLOOD INSURANCE QUESTIONS AND
ANSWERS
WHAT ARE THE TWO TYPES OF FLOOD INSURANCE? -
ANSWER NFIP PROVIDES AN EMERGENCY PROGRAM AND
REGULAR PROGRAM
HOW WAS THE NFIP CREATED? - ANSWER BY THE
PASSAGE OF THE NATIONAL FLOOD INSURANCE ACT OF
1968
CAN YOU OBTAIN FLOOD INSURANCE THROUGH PRIVATE
...
FLOOD INSURANCE QUESTIONS AND ANSWERS WHAT ARE THE TWO TYPES OF FLOOD INSURANCE? - ANSWER NFIP PROVIDES AN EMERGENCY PROGRAM AND REGULAR PROGRAM HOW WAS THE NFIP CREATED? - ANSWER BY THE PASSAGE OF THE NATIONAL FLOOD INSURANCE ACT OF 1968 CAN YOU OBTAIN FLOOD INSURANCE THROUGH PRIVATE INSURERS? - ANSWER YES UNDER THE "WRITE YOUR OWN" PROGRAM AND THEY ARE 100% REIMBURSED BY THE GOVERNMENT WHAT IS REQUIRED BY COMMUNITIES TO OBTAIN NAT'L FLOOD INSURANCE? - ANSWER THEY MUST BE WILLING TO ADOP T FLOOD CONTROL MEASURES AND RESTRICT OR PROHIBIT BUILDING IN HAZARDOUS AREAS HOW LONG ARE POLICY PERIODS FOR FLOOD INSURANCE? - ANSWER FOR 1 OR 3 YEARS WHAT IS THE WAITING PERIOD FOR COVERAGE? - ANSWER 30 DAYS WHAT IS THE STANDARD DED UNDER THE EMER GENCY PROGRAM FOR BUILDING AND CONTENTS? - ANSWER EACH COVERAGE HAS A SEPARATE DED OF $1000
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