National Flood Insurance Program has been extended


The U.S. National Flood Insurance Program (NFIP), which was due to expire in two months, has been extended for six months under a bill approved by the House of Representatives. This will extend the program until March 31, 2010. Congress created the National Flood Insurance Program (NFIP) in 1968 to help millions of American homeowners, renters, and business owners to secure coverage if their community participates in the NFIP. Participating communities agree to adopt and enforce ordinances that meet or exceed FEMA requirements to reduce the risk of flooding.
Standard homeowners insurance policies don’t cover flooding so it’s important to know your relative risk of floods – it may be higher than you realize. You can check your relative flood risk, view your local flood map, and access other flood-related information at FloodSmart, the official web site of the NFIP.