About the NFIP
The National Flood Insurance Program (NFIP) aims to reduce the impact of flooding on private and public structures by providing affordable insurance to property owners and by encouraging communities to adopt and enforce floodplain management regulations.
These efforts help mitigate the effects of flooding on new and improved structures. Overall, the program reduces the socio-economic impact of disasters by promoting the purchase and retention of general risk insurance, but also of flood insurance, specifically.
Since 1968, the NFIP has built a proud legacy of helping people before, during, and after flood disasters. The program addresses the risks of flooding in three key ways: risk mapping, mitigation, and flood insurance.
Identifying flood hazards by mapping riverine and coastal areas. To date, we’ve mapped 1.1 million miles—that’s 100 percent of the nation’s populated areas.
We assist local communities by supporting floodplain management efforts that lower the built environment’s exposure to flood. That saves the Nation more than $1.6 billion each year in reduced flood losses.
We protect more than 5 million flood insurance policyholders across 22,000 communities from the financial losses flooding can bring.
The NFIP is charting a bold course over the next 50 years—and beyond. NFIP has set an ambitious goal to double the number of properties covered by flood insurance and quadruple the amount invested in mitigation.
To reach these goals, the NFIP is reducing complexity, updating product offerings, improving the claims process, and increasing transparency. And above all, the NFIP will continue to put customers first.