Before the NFIP was created by Congress in 1968, flood damage was generally covered by?

Prior to the establishment of the National Flood Insurance Program (NFIP) in 1968, flood damage coverage was typically not available through standard insurance policies. Homeowners' insurance policies commonly excluded flood damage, leaving many property owners without any form of financial protection against flooding events. As a result, the majority of homeowners had to bear the financial burden of flood-related damages themselves, leading to a significant need for flood insurance. The NFIP was developed to address this gap by providing affordable flood insurance and encouraging communities to implement floodplain management practices. Therefore, the notion that flood coverage was generally unavailable aligns with the reality before the NFIP was created.