To be eligible for coverage under the National Flood Insurance Program, an insured must live in which of the following communities?

To be eligible for coverage under the National Flood Insurance Program (NFIP), a community must have met the minimum floodplain management guidelines. These guidelines are designed to ensure that communities take appropriate steps to manage floodplain development and reduce the risk of flood damage. Only when a community complies with these standards can it participate in the NFIP and provide flood insurance to its residents.

Meeting these guidelines not only helps to minimize the impact of flooding but also forms the basis for the community's eligibility to offer federal flood insurance to homeowners, renters, and business owners. The NFIP requires that communities adopt and enforce specific floodplain management ordinances aimed at reducing flood risks, so compliance is a critical factor for coverage eligibility.

Other options, such as being surrounded by water, meeting population requirements, or flooding annually don't directly relate to NFIP eligibility criteria, focusing instead on specific environmental or demographic conditions that do not guarantee the necessary floodplain management practices are in place. Thus, the key to eligibility lies in the adherence to floodplain management guidelines, making it essential for community participation in the NFIP.