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National Flood Insurance Program (NFIP)

NAR supports renewing and strengthening the long-term viability of the federal flood insurance program, as well as maintaining funding to update and improve the accuracy of flood maps.

December 19, 2014
The Federal Emergency Management Agency (FEMA) recently announced the launch of the Interim Office of the Flood Insurance Advocate, led by the Acting Flood Insurance Advocate, David Stearrett. NAR strongly supported the creation of the Advocate's Office during congressional debate of the Homeowner Flood Insurance Affordability Act (HFIAA).
August 29, 2014
FEMA has updated THE manual which insurance companies use to write flood insurance policies.  The comprehensive manual provides answers to just about any question a REALTOR® or REALTOR® Association staffer may have regarding flood insurance, ranging from how condos are treated to rate tables as revised by the Homeowner Flood Insurance Affordability Act enacted earlier this year.
August 22, 2014
FEMA has announced a redesign of their Map Service Center (MSC).
July 25, 2014
On July 23, 2014, NAR testified on flood insurance before a Senate appropriations subcommittee.
July 3, 2014
On June 26, FEMA released guidance related to providing refunds to property owners that overpaid for flood insurance.

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