Affordability of National Flood Insurance Program Premiums—Report 2

Allen L. Schirm and Committee Member Others

Mathematica Policy Research Reports from Mathematica Policy Research

Abstract: Drawing on lessons learned from a proof-of-concept analysis, this report proposes that the Federal Emergency Management Agency develop a microsimulation model—which will use a database of records for individual policyholders and property owners to mimic how policy decisions might affect those individuals—to simulate the effects of different National Flood Insurance Program affordability policy options. The report also notes, however, that some of the essential data needed to support such modeling are not currently available to the Agency.

Keywords: flood; FEMA; insurance; NFIP (search for similar items in EconPapers)
Pages: 2
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