Nfip flood insurance - Study guides, Class notes & Summaries

NJ Property/ Casualty Insurance Exam Set With 100% Correct Answers 2023. Why was the commercial Insurance Deregulation Act Created? 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? Commercial policies When must rate amendments & policy forms be filed with the commissioner? 30 days before What losses are excluded from...

NJ Property/ Casualty Insurance Exam Set Questions And Answers 100% Guaranteed Success. 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 file...

Virginia Property and Casualty Exam (Latest 2024/ 2025 Update) Practice Questions and Verified Answers| 100% Correct| Grade A Q: If information on consumer reports differs from an applicant's statements and causes the insurer to reject the application, the insurer has made a/an: A. Adverse underwriting decision B. Unfair decision C. Unfair discriminatory decision D. Negative underwriting decision Answer: A. Adverse underwriting decision Q: Identify a federal law that...

NFIP Flood Insurance Exam Questions and Answers WYO Program - ️️ "Write your own" insurers write the coverage on their own "paper" but the NFIP reinsures 100% of the coverage Wait period for policy to become effective - ️️ 30 days, this is done to avoid panic buying before disasters strike Standard Flood Insurance Policy (SFIP) - ️️ Defines coverage, limits , and exclusions for NFIP flood Insurance policies with terms and conditions unique to the NFIP - NFIP insurers can O...

NATIONAL FLOOD INSURANCE POLICY (NFIP) QUIZZES & ANS 2024!!

Why was the commercial Insurance Deregulation Act Created? 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? Commercial policies When must rate amendments & policy forms be filed with the commissioner? 30 days before What losses are excluded from flood insurance? -Landslides -Sewer backup -Windblown Rain -Snow -Sleet Who adm...

CFM Exam questions and answers 100% verified. Shallow flooding problems fall into (3) categories - correct answer. Sheet flow, ponding, urban drainage, coastal flooding (depths 1-3 feet) Describe areas where ponding may be a problem - correct answer. Glaciated areas, caves and sinkholes, man-made features What are (5) Special Flood Hazards - correct answer. Closed basin lakes, uncertain flow paths, dam breaks, ice jams, mud flows Alluvial fan flooding is what typ...

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...

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...

The Biggest Problem Facing Flood Insurance In America Today Is That CORRECT ANSWER Only People Likely To Have A Flood Will Obtain Coverage Flood Insurance: Yesterday, Today, & Tomorrow Flood Insurance Down Through the Ages (until 1968) CORRECT ANSWER Floods have provoked major human responses throughout recorded time. Our modern calendar exists because, 5,000 years ago, Egyptians needed a way to predict and take measures against the annual flooding of the Nile. Risk management and flood cont...