While the Homeowners Flood Insurance Affordability Act of 2014 rolled-

While the Homeowners Flood Insurance Affordability Act of 2014 rolled-back some premium increases in the Biggert-Waters Act, it included a provision to help fund the large deficit in the National Flood Insurance Program.

The provision to help fund the deficit is
A) a surcharge on every new home that is constructed in a flood plain.
B) additional income tax paid by building supply companies in states where the largest flood losses have occurred.
C) additional premium taxes charged to each insurer in the Write-Your-Own program. purchaser.
D) a surcharge on every flood insurance policy that is sold.

ANSWER

Answer: D