- A policy of insurance protecting the insured against loss of or damage to property caused by flood. 29A Am J Rev ed Ins § 1332.
Ballentine's law dictionary. Anderson, W.S.. 1998.
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Flood insurance — denotes the specific insurance coverage against property loss from flooding. To determine risk factors for specific properties, insurers will often refer to topographical maps that denote lowlands and floodplains that are susceptible to… … Wikipedia
flood insurance — Insurance protection against damage caused by floods. For applicable parcels of real estate, lenders with a security interest in that real estate are required by law to either require that borrowers obtain flood insurance or to obtain flood… … Financial and business terms
Flood Insurance — A financial instrument that protects real property owners from water damage to the structure and/or contents of their property. While flood insurance can be purchased through many different insurance companies, all policies are federally… … Investment dictionary
flood insurance — insurance covering loss or damage to property arising from a flood, flood tide, or the like. * * * … Universalium
flood insurance — noun : insurance against loss resulting from flood, tidal wave, and rising water * * * insurance covering loss or damage to property arising from a flood, flood tide, or the like … Useful english dictionary
Flood Insurance Reform Act of 2004 — The Bunning Bereuter Blumenauer Flood Insurance Reform Act of 2004 (USPL|108|264) reformed the National Flood Insurance Program (NFIP) and the terms of the National Flood Insurance Act of 1968. It was designed to reduce losses to properties for… … Wikipedia
Flood Insurance Rate Map — Articleissues citationstyle = August 2007 orphan = August 2007A Flood Insurance Rate Map (FIRM) displays the floodplains in a town or area. Such maps are used in town planning, in the insurance industry, and by individuals who want to avoid… … Wikipedia
National Flood Insurance Program — NFIP redirects here. For National Foundation for Infantile Paralysis, see March of Dimes. The National Flood Insurance Program (NFIP) is a program created by the Congress of the United States in 1968 through the National Flood Insurance Act of… … Wikipedia
National Flood Insurance Act of 1968 — The National Flood Insurance Act of 1968 is a piece of legislation passed in the United States that led to the creation of the National Flood Insurance Program (NFIP). The NFIP goals are two fold: • To provide flood insurance for structures… … Wikipedia
National Flood Insurance Reform Act — A Federal law that establishes requirements for flood insurance. Under the National Flood Insurance Reform Act of 1994, lenders taking an interest in real property are required to complete a standard flood hazard determination form developed by… … Financial and business terms