NWF Nuveen Ins FL TX FR Adv Mun

CUSIP No. 670655208

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 1 NAMES OF REPORTING PERSONS
 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 Bank of America Corporation 56-0906609
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 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a) [_]
 (b) [_]

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 3 SEC USE ONLY

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 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware

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 5 SOLE VOTING POWER 0

 NUMBER OF --------------------------------------------------------------
 SHARES 6 SHARED VOTING POWER 64
 BENEFICIALLY
 OWNED BY EACH --------------------------------------------------------------
 REPORTING 7 SOLE DISPOSITIVE POWER 0
 PERSON WITH
 --------------------------------------------------------------
 8 SHARED DISPOSITIVE POWER 64

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 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 64

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 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [_]
 (SEE INSTRUCTIONS)

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 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.5%

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 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) HC

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CUSIP No. 670655208

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 1 NAMES OF REPORTING PERSONS
 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 Blue Ridge Investments, L.L.C. 56-1970824
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 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a) [_]
 (b) [_]

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 3 SEC USE ONLY

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 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware

--------------------------------------------------------------------------------
 5 SOLE VOTING POWER 0

 NUMBER OF --------------------------------------------------------------
 SHARES 6 SHARED VOTING POWER 64
 BENEFICIALLY
 OWNED BY EACH --------------------------------------------------------------
 REPORTING 7 SOLE DISPOSITIVE POWER 0
 PERSON WITH
 --------------------------------------------------------------
 8 SHARED DISPOSITIVE POWER 64

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 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 64

--------------------------------------------------------------------------------
 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [_]
 (SEE INSTRUCTIONS)

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 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.5%

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 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO

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CUSIP No. 670655208


Item 1(a). Name of Issuer:

 NUVEEN INSURED FLORIDA TAX FREE ADVANTAGE MUNICIPAL FUND

Item 1(b). Address of Issuer's Principal Executive Offices:

 333 WEST WACKER DRIVE
 CHICAGO, IL 60606

Item 2(a). Names of Persons Filing:

 Bank of America Corporation ("Bank of America")
 Blue Ridge Investments, L.L.C. ("Blue Ridge")

Item 2(b). Address of Principal Office or, if none, Residence:

 The address of the principal office of
 Bank of America and Blue Ridge is:

 Bank of America Corporate Center
 100 North Tryon Street
 Charlotte, North Carolina 28255

Item 2(c). Citizenship and Place of Organization:

 Bank of America is a Delaware corporation.

 Blue Ridge is a Delaware limited liability company.

Item 2(d). Title of Class of Securities:

 Auction Rate Preferred

Item 2(e). CUSIP Number:

 670655208

Item 3. * If This Statement Is Filed Pursuant to Sections 240.13d 1(b) or
 240.13d 2(b) or (c), Check Whether the Person Filing Is a(n):

 (a) [_] Broker or dealer registered under Section 15 of the Act (15
 U.S.C. 78o);

 (b) [_] Bank as defined in Section 3(a)(6) of the Act
 (15 U.S.C. 78c);

 (c) [_] Insurance company as defined in Section 3(a)(19) of the Act
 (15 U.S.C. 78c);

 (d) [_] Investment company registered under Section 8 of the
 Investment Company Act of 1940 (15 U.S.C. 80a-8);

 (e) [_] Investment adviser in accordance with
 Section 240.13d-1(b)(1)(ii)(E);


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CUSIP No. 670655208


 (f) [_] Employee benefit plan or endowment fund in accordance with
 Section 240.13d-1(b)(1)(ii)(F);

 (g) [X] Parent holding company or control person in accordance with
 Section 240.13d-1(b)(1)(ii)(G);

 (h) [_] Savings association as defined in Section 3(b) of the
 Federal Deposit Insurance Act (12 U.S.C. 1813);

 (i) [_] Church plan that is excluded from the definition of an
 investment company under Section 3(c)(14) of the Investment
 Company Act of 1940 (15 U.S.C. 80a-3);

 (j) [_] A non-U.S. institution in accordance with
 Section 240.13d-1(b)(1)(ii)(J);

 (k) [_] Group, in accordance with Section 240.13d-1(b)(1)(ii)(K).

 If filing as a non-U.S. institution in accordance with Section
 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
 ____________________________ .

 * Blue Ridge does not qualify to utilize Schedule 13G under Rule
 13d-1(b)(ii); and Blue Ridge is relying on the Securities and
 Exchange Commission's Auction Rate Securities Global Exemptive
 Relief no-action letter issued on September 22, 2008 to file under
 Schedule 13G instead of Schedule 13D.

Item 4. Ownership. (as of December 31, 2008)

 The number of shares reported herein represents combined holdings in
 multiple series of auction rate preferred securities of the issuer,
 which are treated herein as one class of securities in accordance
 with the Securities and Exchange Commission's Auction Rate
 Securities Global Exemptive Relief no-action letter issued on
 September 22, 2008.

 (a) Amount beneficially owned: See item 9 of cover pages

 (b) Percent of class: See item 11 of cover pages

 (c) Number of shares as to which the person has:

 (i) Sole power to vote or to direct the vote:

 (ii) Shared power to vote or to direct the vote:

 (iii) Sole power to dispose or to direct the disposition of:

 (iv) Shared power to dispose or to direct the disposition of:

 See Items 5-8 of cover pages

Item 5. Ownership of Five Percent or Less of a Class.

 If this statement is being filed to report the fact that as of the
 date hereof the reporting person has ceased to be the beneficial
 owner of more than five percent of the class of securities, check
 the following [_].

Item 6. Ownership of More Than Five Percent on Behalf of Another Person.

 Not Applicable.


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CUSIP No. 670655208


Item 7. Identification and Classification of the Subsidiary Which Acquired
 the Security Being Reported on by the Parent Holding Company.

 Blue Ridge is a wholly owned, non-bank subsidiary of Bank of America
 engaged in the business of investments in high-yield debt and equity
 securities of varying types issued by U.S. corporate or foreign
 issuers, including securities of distressed or bankrupt issuers.

Item 8. Identification and Classification of Members of the Group.

 Not Applicable.

Item 9. Notice of Dissolution of Group.

 Not Applicable.

Item 10. Certification.

 By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired and are held in the ordinary
course of business and were not acquired and are not held for the purpose of or
with the effect of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.


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CUSIP No. 670655208


SIGNATURE.

 After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Dated: February 16, 2009


 Bank of America Corporation



 By: /s/ Debra I. Cho
 --------------------------------------
 Name: Debra I. Cho
 Title: Senior Vice President


 Blue Ridge Investments, L.L.C.


 By: /s/ Kevin G. Finnegan
 --------------------------------------
 Name: Kevin G. Finnegan
 Title: Vice President


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