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Affordability of National Flood Insurance Program Premiums Report 1 (2015) / Chapter Skim
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Appendix C-- Section 100236 Biggert-Waters Flood Insurance Reform Act of 2012 as Modified by HFIAA 2014, Section 16
Pages 139-140

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From page 139...
... options for maintaining affordability if annual premiums for flood insurance coverage were to increase to an amount greater than 2 percent of the liability coverage amount under the policy, including options for enhanced mitigation assistance and means-tested assistance; (6) the effects that the establishment of catastrophe savings accounts would have regarding long-term affordability of flood insurance coverage; and (7)
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From page 140...
... (d) FUNDING Notwithstanding section 1310 of the National Flood Insurance Act of 1968 (42 U.S.C.
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Key Terms

  • national flood
  • insurance program
  • aid individuals
  • insurance coverage
  • risk associated

  • funding notwithstanding
  • property value
  • otherwise obligated
  • taining affordability
  • homeowner income

  • including based
  • including options
  • insurance fund
  • insurance act
  • ance program

  • affordability framework
  • educate consumers
  • fema study
  • catastrophe savings
  • maintain participation

  • notwithstanding section
  • liability coverage
  • savings accounts
  • subsidized rates
  • flood risk

  • annual premiums
  • enhanced mitigation
  • including methods
  • targeted assistance
  • coverage amount


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