NEW
Font size
WorksheetsFlood Insurance Quiz
Total questions: 11
Worksheet time: 6mins
What is the primary government agency responsible for managing flood insurance in the United States?
European Flood Insurance Program (EFIP)
National Flood Insurance Program (NFIP)
National Fraud Insurance Program (NFIP)
International Flood Insurance Program (IFIP)
True or False: Flood Insurance is typically included in a standard homeowner's insurance policy.
True
False
Which of the following is NOT covered by standard flood insurance policies?
Structural damage to a home
Damage to personal belongings
Loss of income due to flooding
What is the maximum coverage limit for a residential building and for contents within one's property?
Residential: $250,000
Contents: $100,000
Residential: $100,000
Contents: $250,000
Residential: $200,000
Contents: $150,000
Residential: $150,000
Contents: $200,000
What is Private Flood Insurance?
Is a policy that is written by private insurance carriers who are free to offer as much coverage as they want.
A federal government program administered by the Federal Emergency Management Agency.
What is the National Flood Insurance Program?
Is a policy that is written by private insurance carriers who are free to offer as much coverage as they want.
A federal government program administered by the Federal Emergency Management Agency.
When does flood insurance coverage typically take effect after purchase?
15 days
30 days
60 days
Where can you purchase flood insurance?
Only from private insurance companies.
Only from the Federal Emergency Management Agency
Exclusively from your local government.
Both from NFIP and Private Insurance Companies.
What should you do if your basement floods and you have flood insurance?
You can’t make a claim for basement damage.
File a claim as you would for any other part of your home.
Only claim for structural damage, not personal belongings.
File a claim and ask for immediate compensation.
Which of the following factors can influence the cost of flood insurance?
Your favorite color
Your height and weight
The location of your property
Your job
How does the waiting period for flood insurance coverage apply in the case of a new policy purchase?
The 30-day waiting period starts on the policy’s effective date.
The waiting period varies depending on the insurance company.
There’s no waiting period for new policies.
