A federally funded program established in 1968 to make flood insurance available at a reasonable...
flood coverage
Flood coverage is insurance for damage to property caused by a flood.
Additional Information
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) or through the Insurance Services Office, Inc. (ISO), commercial or personal flood insurance program.
Related Terms
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The Write-Your-Own Program, available under the National Flood Insurance Program (NFIP), allows...
Flood coverage is insurance for damage to property caused by a flood.
