Flood Insurance


Many credit unions offer mortgages across the country, including in areas covered by flood insurance requirements.  The National Flood Insurance Program (NFIP) is a Federal program providing flood insurance, floodplain management, and the development of flood hazard zones.  Credit unions members are often required to purchase flood insurance based on their location and the NFIP's current floodplain map.   


Where We Stand

It is vital that flood insurance premiums remain affordable so that families in parts of the country where flood insurance is required are not shut out of the opportunity to own a home.  A strong, sustainable, and affordable NFIP alongside a robust private flood insurance market will serve the best interests of our nation's housing market for years to come, and CUNA will continue to support reauthorization of this vital program.  

What We've Told Lawmakers & Regulators
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