Plain-English meaning
The National Flood Insurance Program, a federal program that supports participating-community flood insurance and floodplain management.
Why it matters
It provides a distinct flood-policy option because standard homeowners coverage generally excludes flood.
Where you may see it
FloodSmart, FEMA maps, lender requirements, policy declarations, and community eligibility information.
What to verify
Current limits, building versus contents coverage, deductibles, exclusions, valuation, waiting-period rules, and community participation.
Do not confuse it with
FEMA disaster assistance or private flood insurance.
For policy-specific meaning, read the definition and related provision in the issued policy.