Flood insurance is a type of insurance that helps protect homeowners and businesses from financial losses caused by flooding. Standard home insurance policies usually do not cover flood damage, so having a separate flood insurance policy is essential for those living in flood-prone areas. This insurance can help pay for repairs to your property and replace damaged belongings, ensuring you can recover more quickly after a flood. The National Flood Insurance Program (NFIP) is a government program that provides flood insurance to property owners. It works with private insurance companies to offer affordable coverage options. By purchasing flood insurance through the NFIP, policyholders can receive financial assistance when disaster strikes, helping them rebuild their lives and homes.