The "Write-Your-Own" Program allows private insurance companies to do which of the following?

The "Write-Your-Own" Program enables private insurance companies to sell flood insurance policies under their own name. This program is part of the National Flood Insurance Program (NFIP) and allows participating insurers to issue and administer flood insurance policies while still benefiting from the financial support of the NFIP.

Under this arrangement, private insurers can create their own branding and customer relationships while adhering to the general guidelines and coverage standards set forth by the NFIP. This approach helps increase the accessibility of flood insurance, as more insurance companies can engage in the market.

The other options present limitations or misunderstandings about the nature of the program. For instance, the NFIP remains integral to the flood insurance system; thus, it cannot simply eliminate the NFIP from participation. Additionally, the program does not restrict insurers to only provide personal property coverage, nor does it limit policy terms specifically to 6 months. Instead, it allows for longer terms as per standard insurance practices.