A naturally occurring island, sandbar, or other strip of land, including the coastal mainland, that protects the coast from severe wave wash.

Any area of the building, including any sunken room or sunken portion of a room, having its floor below ground level (subgrade) on all sides.

Mudflow is defined as: “A river of liquid and flowing mud on the surfaces of normally dry land areas, as when earth is carried by a current of water.” Other earth movements, such as landslide, slope failure, or a saturated soil mass moving by liquidity down a slope, are not mudflows. Mudflow is normally defined in layman's terms as flow of milkshake consistency.

FAQs Archive - Page 21 of 23 - Flood Insurance Education & Resources

Q: Coastal Barrier Resources Act (CBRA)

For the purposes of the NFIP, the CBRA of 1982 designated certain portions of the Gulf and East Coasts as undeveloped coastal barriers. These areas are shown on appropriate flood insurance map panels and have certain coverage restrictions

Q: Base Flood Depth (BFD)

The depth on the Flood Insurance Rate Map (FIRM) for Zone AO that indicates the depth of water above the highest adjacent grade resulting from a food that has a one-percent chance of equaling or exceeding that level in any given year.

Q: Base Flood Elevation (BFE)

The elevation of surface water resulting from a food that has a one-percent chance of equaling or exceeding that level in any given year. The BFE is shown on the Flood Insurance Rate Map (FIRM) for zones AE, AH, A1-A30, AR, AR/A, AR/AE, AR/ A1-A30, AR/AH, AR/AO, V1-V30 and VE.

Q: Actual Cash Value (ACV)

The cost to replace an insured item of property at the time of loss, less the value of physical depreciation.

Q: How can I cancel a flood policy?

There are 26 reason codes that you can use to cancel a policy with different business requirements attached. Here is the complete guide: How to Cancel

Q: Can a policy be cancelled when a property is sold?

A policy can be canceled if the insured property is sold. Agents simply need to provide a signed cancellation form and legal documentation such as the settlement paperwork showing the title transfer of the property to the company that sold the flood insurance policy. Another option would be for the buyer to assume the sellers current flood policy.

Q: Is personal property coverage available to renters?

You can get flood insurance for your rental property if you live in a community that participates in the National Flood Insurance Program. You can get flood insurance to cover the contents of your home, apartment or business.