National Flood Insurance Act
Legal Document- StatuteStatute: National Flood Insurance ActLegal
Abstract
The National Flood Insurance Act of 1968 is a piece of legislation passed in the United States that led to the creation of the National Flood Insurance Program (NFIP). The National Flood Insurance Act of 1968 created the Federal Insurance Administration and made flood insurance available for the first time. The Flood Disaster Protection Act of 1973 made the purchase of flood insurance mandatory for the protection of property located in Special Flood Hazard Areas. The National Flood Insurance Act is administered by the Federal Emergency Management Agency.
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Citation
National Flood Insurance Act (1968).