What is nfip - Study guides, Class notes & Summaries

CFM Exam Study Guide questions and answers 100% guaranteed success. Riverine, Coastal, and Shallow Flooding - correct answer. What are the three most common types of flooding? Flash Flooding - correct answer. Which type of flooding has accounted for the most flood-related deaths? Meander - correct answer. A curve or turn in a river channel? Storm Surge - correct answer. What is the major cause in coastal flooding? Underwater earthquakes or volcanoes - corr...

EADP 3010 Question and answers rated A+ EADP 3010: Exam 2 Review Which of these is NOT a goal of mitigation? - correct answer Save lives after disaster Which of these is a form of non-structural mitigation? - correct answer Purchasing insurance on a home What does it mean to "retrofit" a home? - correct answer Adding a permanent, structural component to an old building Which of these is NOT a part of the Hazard Mitigation Planning Process? - correct answer Assess the ...

Why was the commercial Insurance Deregulation Act Created? - ANSWER To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? - ANSWER Commercial policies When must rate amendments & policy forms be filed with the commissioner? - ANSWER 30 days before What losses are excluded from flood insurance? - ANSWER -Landslides -Sewer b...

NJ Property/ Casualty Insurance Exam Set (Questions and Answers 100% A+ Graded) Why was the commercial Insurance Deregulation Act Created? - CORRECT ANSWER-To protect the public from the adverse effects of excessive, inadequate, & unfair discriminatory rates & marketing practices Which policies issued must follow the provisions of the Commercial Insurance Deregulation Act? - CORRECT ANSWER-Commercial policies When must rate amendments & policy forms be filed with the commissioner? - COR...

What coverage does Community Eligibility apply to? CORRECT ANSWER Flood insurance through FEMA What's the difference between Emergency Program and Regular Program in the National Flood Insurance Program? CORRECT ANSWER Emergency applies to homes in communities that are a normally not a flood hazard. Regular programs are awarded to an entire community that is eligible due to flood hazard. What is the flood coverage on a regular program in a 1-4 Family Dwelling? CORRECT ANSWER $250,000 O...

Property and Casualty Exam- Louisiana/ 250 Q&A/ Already Graded A+. Terms like: What is surplus lines insurance? - Answer: Insurance placed with an unauthorized insurer How long is a waiting period upon purchase of flood coverage through NFIP? - Answer: 30 days Funding for the operation and administration of the Louisiana Insurance Guaranty Association comes from - Answer: Annual assessments paid by member insurers. Uninsured Motorist property damage coverage is subject to a deductib...

LA Claims Adjuster Property and Causality Practice Exam 2 Questions and Answers Already Passed A single Declarations page common to all coverages A single conditions section common to all coverages A commercial package policy always includes Send the insured a reservation of rights letter If the insured fails to report claim in a timely fashion, the adjuster will immediately ___ $1000 per person The basic limit for coverage F-medical payments of the standard homeowners form is nor...

Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions A public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public - Correct Answer -B. The insured Which of the following is the type of report that indicates the initial results of a claim investigation? A. Field Report B. Interim Report C. Full Re...

SUPER-DUPER TEXAS ADJUSTER LICENSE ACTUAL EXAM SOLVED COMPLETE 300+ QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ NEW VERSION!! 1. Homeowners Policy: Be familiar with the HO-A, HO-B, and HO-C perils exclusions -name 16 - ANSWER 1. Electrical devices or wiring caused by electricity other than lighting 2. Flood/water damage 3. Earth Movement 4. Governmental action 5. Ordinance or law 6. War 7. Nuclear damage 8. Mold 9. Neglect ...

Which of the following is incorrect? Part A covers long term care Part A covers hospital care Part B covers physicians Part B requires monthly premium payments - ANSWER Part A covers long term care Medical payments coverage under the personal auto policy applies for medical bills insured up to how long after an accident? One year Five years Three years Two years - ANSWER Three years Workers Comp. Part. I covers: All sums the insurer is required to pay by state law ...