National Flood Insurers Association


Definition of "National flood insurers association"

Gary Roberts
  Better Homes & Gardens Real Estate Metro Brokers

Pool of private insurers that provide initial flood insurance in cooperation with the U.S. Department of Housing and Urban Development (HUD). In 1978, the association was superseded by the national flood insurance program administered by HUD.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Traditional Risk Reinsurance

Application of conventional terms and conditions to the reinsurance of a risk. Contrast with non-tra ...

Prospective Reserve

Amount designated as a future liability for life or health insurance to meet the difference between ...

New York Standard Fire Policy

Contract first written in 1918 that provided the basis for modern-day property insurance, both perso ...

Civil Wrong

An act or violation that consists of two wrongs: tort negligent act or omission by one or more parti ...

Filing Insurance Company

Bureau insurer that files its statistical and underwriting experience with a rating bureau. ...

Stock Company Insurance

Insurance sold by a stock insurance company that is usually in the form of nonparticipating insuranc ...

Related Real Estate FAQ

What Is An Interest Rate?

An interest rate is the percentage the lender charges you for borrowing money. ...

What Is A Buyer’s Agent?

An agent hired by buyers to help them find and negotiate the purchase of a home. This agent works fo ...

What Is A Buyer's Agent?

On most transactions, there is usually a listing agent and a selling agent. The selling agent is som ...

What Is A Mortgage?

A mortgage is a legal document that pledges your property as security (like collateral) for a loan. ...

What Do I Need To Know About Watercraft Insurance?

You need separate coverage for the variety of risks you face when storing, launching, hauling or run ...

What Is A Rate Lock?

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Foreclosure - The Pros and Cons of Buying Build or Buy? That’s the Big Question How To Sell Your Home What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes? What is the Best Time of Year to Buy a Home?

FAQ

What are prepayment penalties? What are jumbo mortgages? What does Fannie Mae mean? What is equity? What is a Buildable acre?