Legislation that would extend the National Flood Insurance Program (NFIP) through March 31, 2010, was introduced in the House late last week. The NFIP is currently set to expire September 30, 2009. Check outÃ‚ a July 10 online article at Insurance JournalÃ‚ for more on this story. At the end of 2008, the NFIP had some 5.7 million policies in force. The average premium for an annual flood insuranceÃ‚ policy is around $542, yet a 2008 poll by the I.I.I. found that only 17 percent of Americans have a flood insurance policy. Check out I.I.I. facts and stats on flood insurance.