Flood Insurance for Farmers Act of 2025

TL;DR (AI)

• The bill modifies the National Flood Insurance Act of 1968 to permit state and local authorities to grant variances from flood elevation or floodproofing requirements for agricultural structures, under specific conditions.
• It allows insureds with multiple structures on the same property to purchase optional flood insurance coverage through a single umbrella policy.
• The bill ensures that premium rates for agricultural structures with granted variances will be equivalent to those for dry floodproofed structures or a comparable actuarial rate.