The Role of National Flood Insurance Program in Social Protection
From both humanitarian and public policy perspectives, mitigating the socioeconomic consequences of natural disasters is critical to protect people from sliding into poverty. The National Flood Insurance Program (NFIP) in the US is implemented to enforce floodplain management regulations and to provide insurance protection against flood damages. Using a recently published NFIP claims data set, this project estimates the extent to which NFIP protects insurees from poor, flood-prone counties.
From both humanitarian and public policy perspectives, mitigating the socioeconomic consequences of natural disasters is critical to protect people from sliding into poverty. The National Flood Insurance Program (NFIP) in the US is implemented to enforce floodplain management regulations and to provide insurance protection against flood damages. Using a recently published NFIP claims data set, this project estimates the extent to which NFIP protects insurees from poor, flood-prone counties.