The National Flood Insurance Program: Financial Soundness and Affordability

September 1, 2017
CBO finds that premiums collected by the National Flood Insurance Program for policies in effect in August 2016 fell short of the program’s expected costs by $1.4 billion, mainly because of shortfalls in coastal counties.

Data and Supplemental Information

Corrections and Updates

On September 5, 2017, CBO reposted this file with a text correction on page 13. On September 29, 2017, CBO reposted the Data and Supplemental Information file to illustrate information contained in Figure 3 and Table 5 of the main report.