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

This bill aims to ensure that Write Your Own companies can sell private flood insurance products that compete with the National Flood Insurance Program. It proposes an amendment to the National Flood Insurance Act of 1968. The legislation defines the "Write Your Own Program" as an arrangement where FEMA enters into agreements with private property insurance companies to sell and adjust flood insurance contracts. Specifically, it prohibits the Administrator from using non-compete clauses as a condition for participation in the program. This ensures companies, agents, or brokers are not restricted from offering private flood insurance.