Quote:
Originally Posted by SueCT
Wow, that sucks. Is that all of Texas or just coastal areas? I am a little surprised they don't have something like National Flood Insurance. 3 different insurances. That is called being insurance poor.
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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 program enables property owners in participating communities to purchase
insurance protection, administered by the government, against losses from
flooding, and requires flood insurance for all loans or lines of credit that are secured by existing buildings, manufactured homes, or buildings under construction, that are located in a community that participates in the NFIP
https://en.wikipedia.org/wiki/Nation...urance_Program