Choose the true statement regarding the National Flood Insurance Program.

Social Studies

1 answer:

Law Incorporation [45]4 years ago

8 0

Answer:D The federal government oversees and reinsures all flood insurance.

Explanation:

NFIP is a government funded agency against flood disaster, it was legislated by The National Flood Insurance Act of 1968 led to the creation of the National Flood Insurance Program (NFIP

National flood insurance program aims at reducing the impact of flood on structures this include the private and public.

They provide insurance against flood disaster to property owners, tenants, businesses and also encourage people and communities to make use of floodplain management regulations.

This is done by providing disaster assistance that is required to meet the costs of repairing damage buildings, structures and their contents.

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