S.2053

Ensures Write Your Own companies can sell private flood insurance products that compete with National Flood Insurance Program products.

The bill amends the National Flood Insurance Act of 1968 to ensure that Write Your Own companies can sell private flood insurance products that compete with National Flood Insurance Program products. It prohibits the Administrator from restricting these companies from offering and selling private flood insurance. Additionally, it prohibits the Administrator from including non-compete clauses in agreements with insurers for participation in the Write Your Own Program.