Flood insurance is a type of insurance that provides financial protection against damages caused by flooding. It helps homeowners, renters, and businesses recover from losses due to rising water levels, heavy rainfall, or other flood-related events. Standard homeowners insurance typically does not cover flood damage, making flood insurance essential for those in flood-prone areas. In the United States, the National Flood Insurance Program (NFIP) offers flood insurance policies to property owners. These policies can cover the structure of a building and its contents, helping policyholders rebuild and replace damaged items after a flood.