![]() ![]() In the last 52 years, nearly 1,000 flood events have been designated as federally declared disasters.Federal disaster assistance is usually a loan that must be paid back with interest and is only available when a disaster has been federally declared.The National Flood Insurance Program (NFIP) has paid nearly $16 billion in flood insurance claims to policyholders during the 2005 hurricane season (as of August 31, 2006.). ![]()
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