Flood Insurance

Flood Insurance

Assessment

Flashcard

Business

9th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Student preview

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7 questions

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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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