Although Nashville doesn't normally suffer from extensive flooding, in 2010 Nashville experienced the 100 year flood, which did extensive damamge and caused people to rethink the whole issue of flood insurance. Those that though they didn't ever think they'd need it found out that those that did have insurance where very pleased the did.

Below is the latest release from the NAR of the issue of flood insurance.

"On May 24, 2012, the US Senate approved a 60-day extension of the National Flood Insurance Program under an agreement between Senators Reid and Vitter.

Because the Senate amended H.R. 5470 to include 60 rather than 30 days, the House will again have to pass the extension bill, which is expected this week. Currently, program authority is next set to expire on May 31, 2012.

Under the terms of this agreement, in early June, the Senate will also bring up and vote on the 5-year Flood Insurance Reform Act. Several hurdles remain before a bill can become law, but these are positive steps toward the long-term solution NAR has been advocating most recently during its mid-year Congressional Meetings and Rally.

NAR will continue to work to ensure that the program does not lapse and that a longer term solution becomes reality."

[SOURCE: NAR]