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Flood Disaster Protection ActThe Flood Disaster Protection Act of 1973 requires flood insurance on property in a flood hazard area that comes under the National Flood Insurance Program.
The Flood Disaster Protection Act is an act to expand the national flood insurance program by substantially increasing limits of coverage and total amount of insurance authorized to be outstanding and by requiring known flood prone communities to participate in the program, and for other purposes.
For more information on federal credit regulations and consumer rights go to the Federal Trade Commission (FTC) website at www.ftc.gov or www.federalreserve.gov
Some state laws may provide you with additional rights. For information go to the website of the National Association of Attorneys General (NAAG) at www.naag.org.
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