CBO Report on National Flood Insurance Program Financial Soundness and Affordability

CBO Report on National Flood Insurance Program Financial Soundness and Affordability

Overview

Congressional Budget Office analyzes National Flood Insurance Program’s overall revenues, costs and shortfall; coastal and inland counties’ payments vs. costs; and average flood policy premium and flood insurance costs to households. Research based on 5 million NFIP policies in effect Aug. 31, 2016.