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  3. Flood insurance rate map - Wikipedia

    en.wikipedia.org/wiki/Flood_Insurance_Rate_Map

    The term 100-year flood indicates that the area has a one-percent chance of flooding in any given year, not that a flood will occur every 100 years. [2] Such maps are used in town planning, in the insurance industry, and by individuals who want to avoid moving into a home at risk of flooding or to know how to protect their property. FIRMs are ...

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  5. National Flood Insurance Program - Wikipedia

    en.wikipedia.org/wiki/National_Flood_Insurance...

    The National Flood Insurance Program (NFIP) is a program created by the Congress of the United States in 1968 through the National Flood Insurance Act of 1968 (P.L. 90-448). The NFIP has two purposes: to share the risk of flood losses through flood insurance and to reduce flood damages by restricting floodplain development.

  6. Homeowner Flood Insurance Affordability Act of 2014

    en.wikipedia.org/wiki/Homeowner_Flood_Insurance...

    The bill would delay the flood insurance premium increases mandated under the Biggert–Waters Flood Insurance Reform Act of 2012 for four years. [1] During that time, the Federal Emergency Management Agency is supposed to come up with a plan to make the premiums cheaper and reassess its maps of areas that are likely to flood (and therefore ...

  7. What's a 100-year flood? A hydrologist explains

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    A '100-year flood' doesn't mean you'll be flood-free for the next 99 years. Win McNamee/Getty ImagesA 100-year flood, like a 100-year storm, is one so severe it has only a 1% chance of hitting in ...

  8. National Flood Insurance Act of 1968 - Wikipedia

    en.wikipedia.org/wiki/National_Flood_Insurance...

    The bill would amend the National Flood Insurance Act of 1968 to prohibit the Federal Emergency Management Agency from providing flood insurance to prospective insureds at rates less than those estimated for any property purchased after the expiration of such six-month period (currently, any property purchased after July 6, 2012). [9]

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