NFIP Premium Transparency Act
To require the Administrator of the Federal Emergency Management Agency to develop a flood insurance information tool, and for other purposes.
This bill, HB9511, aims to make flood insurance information more accessible and understandable for homeowners and businesses. It proposes that the Federal Emergency Management Agency (FEMA) create a new tool that will provide clear and detailed information about flood insurance premiums, rates, and coverage options. This tool is intended to help people make informed decisions about their flood insurance needs.
The bill would primarily affect individuals and businesses who are considering purchasing flood insurance or are already insured under the National Flood Insurance Program (NFIP). By making information about premiums and coverage more transparent, it could potentially help reduce misunderstandings and disputes between policyholders and insurers.
HB9511 was introduced on June 29, 2026, and has been referred to the House Committee on Financial Services. The committee will review the bill, hold hearings if necessary, and decide whether to recommend it for further action by the full House. As of now, the bill is in its early stages, and no further actions have been scheduled.
