Sponsors (3)
The bill expands private flood‑insurance options and insurer competition while preserving NFIP participation, but it raises the risk that NFIP will be left with a higher‑risk pool and that consumer protections or claim coordination could weaken.
Homeowners and small-business owners will have greater access to private flood insurance and more competitive choices because insurers participating in the NFIP Write‑Your‑Own (WYO) program cannot be barred from offering private flood policies.
Homeowners benefit from preserved insurer participation in the NFIP WYO program, supporting continuity in claims handling and stable NFIP operations even while insurers sell private flood coverage.
Taxpayers and remaining NFIP policyholders could face higher costs because private insurers might cherry‑pick lower‑risk customers while still handling NFIP claims, concentrating higher‑risk policies and losses in the NFIP pool.
Homeowners could experience coordination problems or inconsistent claims handling if insurers prioritize their private flood policies over NFIP policies.
Homeowners' consumer protections could be weaker because removing non‑compete restrictions may reduce FEMA's contractual leverage to require standardized consumer safeguards from participating insurers.
Based on analysis of 2 sections of legislative text.
Bars FEMA from requiring Write Your Own Program participants to refrain from offering or selling private flood insurance and prohibits such clauses in new agreements.
Introduced September 26, 2025 by W. Greg Steube · Last progress September 26, 2025
Prohibits FEMA from requiring insurers, agents, brokers, or adjustment organizations that participate in the National Flood Insurance Program’s Write Your Own Program to refrain from offering or selling private flood insurance. It also bans FEMA from inserting any such non‑compete condition into new Write Your Own Program agreements entered into after the law takes effect.