Real Estate Glossary

flood insurance

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Richard Wilson
Written by Richard Wilson

This is a separate and special type of homeowner’s insurance that protects against property loss resulting from flooding. It is especially required by lenders if the property is located within a designated flood plain. The best way to get flood insurance is to go through the (NFIP) National Flood Insurance Program, which is ran by the Federal Emergency Management Agency.

This is a separate and special type of homeowner’s insurance that protects against property loss resulting from flooding. It is especially required by lenders if the property is located within a designated flood plain. The best way to get flood insurance is to go through the (NFIP) National Flood Insurance Program, which is ran by the Federal Emergency Management Agency.

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Richard Wilson

Richard Wilson

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