The Lender-placed Flood Insurance Market for Residential Properties
Author | : Lloyd S. Dixon |
Publisher | : Rand Corporation |
Total Pages | : 75 |
Release | : 2007 |
ISBN-10 | : 9780833041555 |
ISBN-13 | : 083304155X |
Rating | : 4/5 (55 Downloads) |
Download or read book The Lender-placed Flood Insurance Market for Residential Properties written by Lloyd S. Dixon and published by Rand Corporation. This book was released on 2007 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.