Is the national flood insurance program available for private dwellings only?

The national flood insurance program (NFIP) is designed to provide flood insurance to a range of properties, not just private dwellings. This program covers residential buildings, which includes owner-occupied homes as well as rental properties. Additionally, it extends its coverage to commercial properties, thereby offering policies that can protect business-owned buildings and contents from flood damage. The objective of the NFIP is to reduce the financial impact of flooding by providing affordable insurance options, and this is applicable to various property types, thus making the statement that it is available only for private dwellings incorrect.