# Flood History Information Act of 2021

If you're thinking about buying a house or renting a property, this bill would give you access to important information about whether that property has a history of flooding. Right now, when you're considering a property, you might not know how many times it's flooded in the past or how much damage those floods caused. This bill changes that by requiring the federal government to share flood claim information with anyone who's about to purchase or lease a property—basically giving you a flood history report similar to what you'd get for a car.

The bill also creates a system where private insurance companies can get access to flood insurance data from the government. Insurance companies would be able to see details like where properties are located, how much flood coverage they have, when floods happened, and how much money was paid out on claims. This helps insurance companies better understand flood risk when they're deciding whether to insure a property and what price to charge. However, the bill includes important restrictions: insurance companies can only use this information to decide whether to insure someone and set rates—they can't use it for marketing or selling your information to other companies.

There's also a practical benefit for people who've received federal disaster aid. The bill would let you know if you're legally required to buy flood insurance because of previous disaster assistance you received. And if you're a property owner, you can request this flood history information for free, though insurance companies would pay a small fee to access the data. The fees they pay go into the National Flood Insurance Fund to help support the program.

Flood History Information Act of 2021

Luria, Elaine G.

Flood History Information Act of 2021 This bill provides for the sharing of National Flood Insurance Program policy and claim information. Specifically, the Federal Emergency Management Agency (FEMA) may share this data through an agreement with certain private insurance providers for the purposes of policy underwriting, establishing premium rates, and adjusting claims. Additionally, FEMA must provide specified flood insurance information to a purchaser, lessee, or current owner of a property upon request.