FEMA FLOOD INSURANCE
CERTIFICATE QUESTIONS WITH
CORRECT ANSWERS!!
One of the three purposes of the original National Flood Insurance Act, passed in
1968, was to - ANSWERFoster cooperative effort between the federal government
and the private insurance industry to authorize a nationwide flood insurance program
Under Write Your Own (WYO) flood insurance program, participating property-
casualty insurers write federal flood insurance coverage... - ANSWERin their own
names
The Federal Emergency Management Agency (FEMA) is currently within which one
of these departments? - ANSWERThe US Department of Homeland Security
In community rating system, to be eligible for the largest discount on flood insurance
premiums, the community is required to - ANSWERMake a very large commitment to
floodplain management
To be eligible for federal flood insurance, a building must - ANSWERHave two or
more outside rigid walls, a fully secured roof, and be attached to a permanent site
If a community which the Federal Emergency Management Agency (FEMA)
identified as flood prone doesn't participate in the National Flood Insurance Program
(NFIP) within one year of the community's identification, then - ANSWERNo resident
in the community can purchase a federal flood insurance policy
A best practice for producers regarding flood insurance is to: - ANSWERGive eligible
clients a flier listing the reasons to consider flood insurance and require a signature if
the client elects not to purchase flood coverage
The goals of the Coastal Barrier Resources Act are to: - ANSWERMinimize loss of
human life by discouraging development in high-risk areas, reduce wasteful
expenditure of federal resources and protect the natural resources associated with
coastal barriers
People who are required to purchase flood insurance are - ANSWERThose who live
in recognized special flood hazard areas and have federally issued or backed
mortgages
An advantage of federal flood insurance over federal disaster assistance is that flood
insurance: - ANSWERrestores property to its pre-loss condition, unlike disaster
assistance
, An initial map that indicates the degree of flood hazard for all areas within a
particular National Flood Insurance Program (NFIP) community is called a -
ANSWERFlood Hazard Boundary Map
A building constructed before flood hazard data and flood elevations became
available to a community and, typically, before the community adopted floodplain
management regulations is a - ANSWERPre-FIRM building
A small portion of a flood map that depicts Base Flood Elevation (BFE), Special
Flood Hazard Area (SFHA) zones, and the alphabetical zone labels that can be
saved or printed at no cost to a consumer or business is called a -
ANSWERFIRMette
New construction and structures built after the effective date of the first Flood
Insurance Rate Map (FIRM) and for which insurance rates are dependent on the
elevation of the lowest floor of the building are called - ANSWERPost-FIRM buildings
An initial map that indicates the degree of flood hazard for all areas within a
particular National Flood Insurance Program (NFIP) community is called a -
ANSWERFlood Hazard Boundary Map
Seventy-five percent or more of the total floor area of the building must be in
residential use to be eligible for the - ANSWERResidential condominium building
association policy (RCBAP)
A flood policy that restricts coverage to two types of buildings, one of which is a non-
condominium residential building designed for principal use as a dwelling place for
one to four families, is a - ANSWERDwelling policy
The final phase of a community's participation in the National Flood Insurance
Program (NFIP), when a Flood Insurance Rate Map (FIRM) is developed to
determine insurance rates, is called the - ANSWERRegular Program
The initial phase of a community's participation in the National Flood Insurance
Program (NFIP), is when a Flood Hazard Boundary Map (FHBM) is created, is called
the - ANSWEREmergency Program
The official map of a community for which the Federal Emergency Management
Agency (FEMA) has identified the special hazard areas and the risk premium zones
that apply to properties in that community and that is used by producers for flood risk
identification and rating is called a - ANSWERFlood Insurance Rate Map
The computed grade level at which flood water is expected to rise during the "100-
year flood" that is used to determined the flood insurance premiums is called the -
ANSWERBase Flood Elevation (BFE)
One role of the Federal Emergency Management Agency's (FEMA's) flood maps is
to - ANSWERDetermine the extent of flood risk for property within a community that
enters the National Flood Insurance Program (NFIP)
CERTIFICATE QUESTIONS WITH
CORRECT ANSWERS!!
One of the three purposes of the original National Flood Insurance Act, passed in
1968, was to - ANSWERFoster cooperative effort between the federal government
and the private insurance industry to authorize a nationwide flood insurance program
Under Write Your Own (WYO) flood insurance program, participating property-
casualty insurers write federal flood insurance coverage... - ANSWERin their own
names
The Federal Emergency Management Agency (FEMA) is currently within which one
of these departments? - ANSWERThe US Department of Homeland Security
In community rating system, to be eligible for the largest discount on flood insurance
premiums, the community is required to - ANSWERMake a very large commitment to
floodplain management
To be eligible for federal flood insurance, a building must - ANSWERHave two or
more outside rigid walls, a fully secured roof, and be attached to a permanent site
If a community which the Federal Emergency Management Agency (FEMA)
identified as flood prone doesn't participate in the National Flood Insurance Program
(NFIP) within one year of the community's identification, then - ANSWERNo resident
in the community can purchase a federal flood insurance policy
A best practice for producers regarding flood insurance is to: - ANSWERGive eligible
clients a flier listing the reasons to consider flood insurance and require a signature if
the client elects not to purchase flood coverage
The goals of the Coastal Barrier Resources Act are to: - ANSWERMinimize loss of
human life by discouraging development in high-risk areas, reduce wasteful
expenditure of federal resources and protect the natural resources associated with
coastal barriers
People who are required to purchase flood insurance are - ANSWERThose who live
in recognized special flood hazard areas and have federally issued or backed
mortgages
An advantage of federal flood insurance over federal disaster assistance is that flood
insurance: - ANSWERrestores property to its pre-loss condition, unlike disaster
assistance
, An initial map that indicates the degree of flood hazard for all areas within a
particular National Flood Insurance Program (NFIP) community is called a -
ANSWERFlood Hazard Boundary Map
A building constructed before flood hazard data and flood elevations became
available to a community and, typically, before the community adopted floodplain
management regulations is a - ANSWERPre-FIRM building
A small portion of a flood map that depicts Base Flood Elevation (BFE), Special
Flood Hazard Area (SFHA) zones, and the alphabetical zone labels that can be
saved or printed at no cost to a consumer or business is called a -
ANSWERFIRMette
New construction and structures built after the effective date of the first Flood
Insurance Rate Map (FIRM) and for which insurance rates are dependent on the
elevation of the lowest floor of the building are called - ANSWERPost-FIRM buildings
An initial map that indicates the degree of flood hazard for all areas within a
particular National Flood Insurance Program (NFIP) community is called a -
ANSWERFlood Hazard Boundary Map
Seventy-five percent or more of the total floor area of the building must be in
residential use to be eligible for the - ANSWERResidential condominium building
association policy (RCBAP)
A flood policy that restricts coverage to two types of buildings, one of which is a non-
condominium residential building designed for principal use as a dwelling place for
one to four families, is a - ANSWERDwelling policy
The final phase of a community's participation in the National Flood Insurance
Program (NFIP), when a Flood Insurance Rate Map (FIRM) is developed to
determine insurance rates, is called the - ANSWERRegular Program
The initial phase of a community's participation in the National Flood Insurance
Program (NFIP), is when a Flood Hazard Boundary Map (FHBM) is created, is called
the - ANSWEREmergency Program
The official map of a community for which the Federal Emergency Management
Agency (FEMA) has identified the special hazard areas and the risk premium zones
that apply to properties in that community and that is used by producers for flood risk
identification and rating is called a - ANSWERFlood Insurance Rate Map
The computed grade level at which flood water is expected to rise during the "100-
year flood" that is used to determined the flood insurance premiums is called the -
ANSWERBase Flood Elevation (BFE)
One role of the Federal Emergency Management Agency's (FEMA's) flood maps is
to - ANSWERDetermine the extent of flood risk for property within a community that
enters the National Flood Insurance Program (NFIP)
