The National Flood Insurance Program (NFIP) provides the majority of flood insurance on U.S. residential properties. While insurance agents sell nearly all NFIP policies through private insurance companies, the U.S. government still underwrites them. Flood insurance is also available from private insurers that underwrite it themselves. This report provides information about the size of the private market and compares private with NFIP policies.wide (regardless of flood zone), including condominiums. According to the American Housing Survey, there were 95 million housing units in the United States in structures with four or fewer units in 2005, including manufactured homes (U.S.anbsp;...
|Title||:||The Lender-placed Flood Insurance Market for Residential Properties|
|Author||:||Lloyd S. Dixon|
|Publisher||:||Rand Corporation - 2007|