Flood Insurance
Flashcard
•
Business
•
9th Grade
•
Practice Problem
•
Hard
Wayground Content
FREE Resource
Student preview
7 questions
Show all answers
1.
FLASHCARD QUESTION
Front
How Much does Flood Insurance cost per policy?
Back
$605.69
2.
FLASHCARD QUESTION
Front
What is flood insurance?
Back
A type of property insurance that covers a dwelling for losses sustained by water damage, as it specifically relates to flooding.
3.
FLASHCARD QUESTION
Front
Who needs flood insurance?
Back
People who live in a high-risk zone called a Special Flood Hazard Area.
4.
FLASHCARD QUESTION
Front
What options do you have with Flood Insurance? Homeowners Flood Insurance, Renters Flood Insurance, Business Owners flood Insurance, ALL the above
Back
ALL the above
5.
FLASHCARD QUESTION
Front
True or False: Flood damage is covered by homeowners insurance.
Back
False
6.
FLASHCARD QUESTION
Front
Why is Flood Insurance needed?
Back
To help reduce the financial risk and allowing you to recover more quickly after a flood.
7.
FLASHCARD QUESTION
Front
What does NFIP stand for?
Back
National Flood Insurance Program
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