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CONDOMINIUMS Previous Section Table of Contents Next Section Fema Form
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People also ask
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Which of the following appurtenant structures can be included for coverage under the dwelling form?
Hear this out loud PauseThe only appurtenant structure covered by the SFIP is a detached garage at a described location, which is covered under the Dwelling Form. Coverage is limited to a maximum of 10% of the limit of liability on the dwelling. -
What does ICC stand for in insurance?
Hear this out loud PauseIncreased Cost of Compliance (ICC) coverage is one of several resources for flood insurance policyholders who need additional help rebuilding after a flood. -
What does Florida flood insurance cover?
Flood insurance financially protects your home from rising water that damages your home and personal property. Flood insurance may help pay to repair or rebuild your home and replace damaged personal property. Florida law does not require homeowners to have flood insurance. -
Which of the following statements regarding flood insurance is false?
Which statement is false regarding the National Flood Insurance Program (NFIP)? It provides coverage for direct and indirect loss to covered property as the result of flooding; The National Flood Insurance Program does not provide any indirect financial loss coverage. -
Which perils listed are excluded from a flood insurance policy?
Flood coverage does not apply to damage from sewer backups, earth movement, mildew or mold damage (except for some instances where it can be linked to a flood event), and damage from a flood that originates from inside of the home, such as a burst kitchen sink pipe or overfilled bathtub. -
Which of the following is not covered under flood insurance?
Items not covered by building or contents coverage: Temporary housing and additional living expenses incurred while the building is being repaired or is unable to be occupied. -
Which of the following property items is not covered by flood insurance?
Hear this out loud PauseProperty and belongings outside of an insured building, such as trees, plants, wells, septic systems, walks, decks, patios, fences, seawalls, hot tubs, and swimming pools. Currency, precious metals, and valuable papers, such as stock certificates. -
What is a Loma letter from FEMA?
Hear this out loud PauseA Letter of Map Amendment (LOMA) is an official amendment, by letter, to an effective National Flood Insurance Program (NFIP) map. A LOMA establishes a property's location in relation to the Special Flood Hazard Area (SFHA).
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