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NFIP (National Flood Insurance Program)

The NFIP is the federal program that writes most residential flood policies in the US, with coverage capped at $250,000 for the structure and $100,000 for contents. Private excess flood policies can fill the gap above those limits.

The federal flood insurance program that writes most residential flood policies in the US. Coverage is capped at $250,000 dwelling and $100,000 contents. Example: a home in a high-risk flood zone with $475,000 of dwelling exposure can place an NFIP policy up to $250,000, then add a private excess flood policy for the remaining $225,000 to fill the gap.