What is the National Flood Insurance Program?

The flood insurance and Mitigation Administration (FIMA), a component of FEMA manages the National Flood Insurance program or NFIP.  This program has three components: 

  • Identifies and maps floodplains across the nation 
  • Provides flood insurance 
  • Reduces flood damages through floodplain management regulations.

By the City of Duncan participating in the NFIP it makes federally backed flood insurance available for homeowners, renters and business owners.

Show All Answers

1. What is the Federal Emergency Management Agency?
2. What is a Floodway?
3. What is a floodplain, and what is a flood?
4. What is the National Flood Insurance Program?
5. What is a Flood Insurance Rate Map? What is the importance of a Special Flood Hazard Area and what are flood zones?
6. What is the probability of flooding within a 100-year floodplain?
7. Is there really a need for flood insurance?
8. My house is in a Floodplain? What do I need to do?
9. Who has to buy Flood Insurance?
10. What is a Preferred Risk Policy? Can this save property owners money?
11. What is an elevation Certificate?