flood coverage
Coverage for damage to property caused by flood. May be available by endorsement
to an all risks policy or to a difference-in-conditions (DIC) policy. Normally, the
coverage provided is subject to a per occurrence sublimit, an annual aggregate
limit, and a separate deductible. Coverage may also be available from the National
Flood Insurance Program (NFIP). See also
National Flood Insurance Program;
Digital Flood
Insurance Rate Map; FIRMette;
Flood exclusion.
Links for IRMI Online Subscribers Only:
CPI VII.D-VII.E;
PRMI 15.P