What does NFIP mean? Read on to discover the definition & meaning of the term NFIP - to help you better understand the language used in insurance policies.
The National Flood Insurance Program (NFIP) is a project of the US government, administered by the Federal Emergency Management Agency (FEMA). The program provides flood insurance to property owners, as well as education and assistance aimed at lessening the damage caused by floods in flood-prone areas.
We hope the you have a better understanding of the meaning of NFIP.