This document discusses FEMA's insurance requirements for public and non-profit entities receiving disaster assistance. It warns that FEMA will determine the amount of assistance entities should receive from their insurance carriers and may penalize them years later if it decides they did not collect enough. It advises entities that after repairs, they must maintain specific types and amounts of insurance on the repaired assets or face further penalties. It recommends speaking to CIC, which can help entities avoid mistakes and has experience navigating FEMA's compliance requirements.