Why is Victor not eligible for flood insurance?

Victor is not eligible for flood insurance because his community does not participate in the National Flood Insurance Program (NFIP). The NFIP is a federal program that provides flood insurance to property owners in participating communities. For a community to become part of the NFIP, it must adopt and enforce floodplain management regulations to minimize future flood damage. If a community is not part of this program, residents cannot access federally backed flood insurance, regardless of the flood risk in the area.

The participation aspect is crucial since it ensures that the community has implemented necessary regulations and preparedness measures. Without this participation, even if other conditions appear favorable, flood insurance would be unavailable. Other factors like fee payments or prior flood history do not apply if the community is not officially part of the program.