Bill > HR6620

This bill amends the National Flood Insurance Act of 1968 to allow private flood insurance to count towards continuous coverage requirements. Currently, to maintain flood insurance eligibility, property owners often need to demonstrate continuous coverage, typically through the National Flood Insurance Program (NFIP). This change means that if a property has been continuously insured against flood damage, whether through a private policy or the NFIP, that period will be recognized as continuous coverage. This is important because continuous coverage can affect eligibility for certain flood insurance benefits or requirements, particularly those related to the Flood Disaster Protection Act of 1973, which mandates flood insurance for properties with federally backed mortgages in high-risk flood areas. The "Administrator" referred to in the bill is the head of the Federal Emergency Management Agency (FEMA), which oversees the NFIP.

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https://www.congress.gov/bill/119th-congress/house-bill/6620/all-info