To amend the National Flood Insurance Act of 1968 to allow for the consideration of private flood insurance for the purposes of applying continuous coverage requirements, and for other purposes.

Summary

Requires FEMA to count any uninterrupted period a property had flood insurance—whether through the National Flood Insurance Program (NFIP) or a private flood policy used to meet the federal purchase requirement—as "continuous coverage" for all statutory, regulatory, or administrative continuous-coverage rules. The change makes private-market policies explicitly equivalent to NFIP policies for continuous-coverage purposes, preserving program protections tied to continuous coverage.

• Directs FEMA to treat any uninterrupted flood insurance period—NFIP or qualifying private policy—as continuous coverage.
• Explicitly counts private-market policies used to meet the federal purchase requirement toward continuous-coverage status.
• Clarifies continuous-coverage determinations for statutory, regulatory, and administrative purposes.
• Affects property owners who switch between NFIP and private flood insurance by preserving continuity protections.
• Does not change the flood insurance purchase requirement itself or create new funding.
• Requires FEMA to update its administrative processes to recognize private-policy coverage periods.
• Benefits mortgage lenders and floodplain administrators by reducing ambiguity about coverage history.
• Applies only when the private policy was used to satisfy the purchase requirement under federal law.