ANFI 205 Sample Exam Questions and
Answers 100% Solved | Graded A+
One purpose of the National Flood Insurance Act of 1968 is to encourage
state and local
governments to - ✔✔Wisely use the lands by considering the hazards of
flood.
What is the initial phase of a community's participation in the National
Flood Insurance Program
(NFIP) called? - ✔✔Emergency Program
Increased Cost of Compliance (ICC) coverage is mandatory for all
Standard Flood Insurance
Policies with four exceptions. One of these exceptions is for policies -
✔✔Sold in Emergency Program communities.
When determining a community's status and community number, it is good
to rely upon which
one of the following sources? - ✔✔The National Flood Insurance Program
(NFIP) Community Status Book (online)
1
©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
,Which one of the following procedures should be used to rate Post-FIRM
non-elevated buildings
located in Zone V? - ✔✔Submit-for-Rate procedures
The National Flood Insurance Program Flood Insurance Application form,
or a similar form used
by Write Your Own (WYO) companies, must be used for all of the following
flood insurance
policies, EXCEPT: - ✔✔Preferred Risk Policy
In Zones V, VE, and V1-V30, the floor of an enclosed area below the
lowest elevated floor is the
building's lowest floor for rating if which one of the following conditions
exists? - ✔✔The enclosed space is 300 square feet or more and has
breakaway walls.
Buildings, not the land, located in more than one zone must be rated using
- ✔✔The more hazardous flood zone.
Generally, the elevation difference is the difference between the lowest
floor used for rating and
the - ✔✔Base Flood Elevation (BFE).
2
©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
, Which one of the following must occur if a Post-FIRM building is
substantially improved? - ✔✔The building must be re-rated using the FIRM
in effect at the time that the substantial
improvement occurred.
Under the Standard Flood Insurance Policy General Property Form, the
maximum insurable
limits for a commercial warehouse are - ✔✔$500,000 Building and
$500,000 Contents.
Which one of the following statements qualifies the floor of an enclosure
below the elevated
floor of a Post-FIRM building located in an AE Zone as the building's lowest
floor for rating? - ✔✔The enclosed space is finished having more than 20
linear feet of finished wall (such as
paneling).
The National Flood Insurance Program (NFIP) standard deductible -
✔✔Varies based on the policy rating and the amount of coverage.
When producers fail to provide the required full-risk rating information,
which one of the
3
©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
Answers 100% Solved | Graded A+
One purpose of the National Flood Insurance Act of 1968 is to encourage
state and local
governments to - ✔✔Wisely use the lands by considering the hazards of
flood.
What is the initial phase of a community's participation in the National
Flood Insurance Program
(NFIP) called? - ✔✔Emergency Program
Increased Cost of Compliance (ICC) coverage is mandatory for all
Standard Flood Insurance
Policies with four exceptions. One of these exceptions is for policies -
✔✔Sold in Emergency Program communities.
When determining a community's status and community number, it is good
to rely upon which
one of the following sources? - ✔✔The National Flood Insurance Program
(NFIP) Community Status Book (online)
1
©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
,Which one of the following procedures should be used to rate Post-FIRM
non-elevated buildings
located in Zone V? - ✔✔Submit-for-Rate procedures
The National Flood Insurance Program Flood Insurance Application form,
or a similar form used
by Write Your Own (WYO) companies, must be used for all of the following
flood insurance
policies, EXCEPT: - ✔✔Preferred Risk Policy
In Zones V, VE, and V1-V30, the floor of an enclosed area below the
lowest elevated floor is the
building's lowest floor for rating if which one of the following conditions
exists? - ✔✔The enclosed space is 300 square feet or more and has
breakaway walls.
Buildings, not the land, located in more than one zone must be rated using
- ✔✔The more hazardous flood zone.
Generally, the elevation difference is the difference between the lowest
floor used for rating and
the - ✔✔Base Flood Elevation (BFE).
2
©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
, Which one of the following must occur if a Post-FIRM building is
substantially improved? - ✔✔The building must be re-rated using the FIRM
in effect at the time that the substantial
improvement occurred.
Under the Standard Flood Insurance Policy General Property Form, the
maximum insurable
limits for a commercial warehouse are - ✔✔$500,000 Building and
$500,000 Contents.
Which one of the following statements qualifies the floor of an enclosure
below the elevated
floor of a Post-FIRM building located in an AE Zone as the building's lowest
floor for rating? - ✔✔The enclosed space is finished having more than 20
linear feet of finished wall (such as
paneling).
The National Flood Insurance Program (NFIP) standard deductible -
✔✔Varies based on the policy rating and the amount of coverage.
When producers fail to provide the required full-risk rating information,
which one of the
3
©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
