NFIP means the National Flood Insurance Program authorized under the Act.
NFIP shall have the meaning assigned to such term in Section 5.11(c).
NFIP means the National Flood Insurance Program created by the U.S. Congress pursuant to the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973, as revised by the National Flood Insurance Reform Act of 1994, the Flood Insurance Reform Act of 2004 and the Xxxxxxx-Xxxxxx Flood Insurance Reform Act of 2012, as amended, that mandates the purchase of flood insurance to cover real property improvements located in Special Flood Hazard Areas in participating communities and provides protection to property owners through a federal insurance program.
Examples of NFIP in a sentence
While flood insurance may not be mandatory in this instance, HUD recommends that all insurable structures maintain flood insurance under the National Flood Insurance Program (NFIP).
This map forms the basis for both the regulatory and insurance aspects of the National Flood Insurance Program (NFIP) until superseded by a Flood Insurance Study and a Flood Insurance Rate Map.
Duplicate Policies Not Allowed to elect which NFIP policy to keep in effect does not apply when duplicates have been knowingly created.
For purposes of the NFIP, a floodway is used as a tool to assist local communities in this aspect of floodplain management.
The NFIP encourages State and local governments to adopt sound floodplain management programs.
More Definitions of NFIP
NFIP has the meaning assigned to such term in the definition of “Real Estate Collateral Requirements”.
NFIP means the National Flood Insurance Program (NFIP).
NFIP is defined in Section 6.10(a)(iv).
NFIP has the meaning specified in Section 6.12(d).
NFIP as defined in Section 6.08(b).
NFIP means the National FloodInsurance Program authorized under the Act.
NFIP means the National Flood Insurance Program.