Floodplain Management Questions and
Answers 100% Solved
If a policy is in effect on the date the flood in progress begins, damage caused
by the flood in progress is covered, subject to the terms of the SFIP. If a policy
is effective after the date the flood is in progress, damage caused by the flood in
progress most likely will not be covered. However, each NFIP claim is adjusted
individually and the cause of any loss, and any applicable limitations or exclusion
in the SFIP, is determined during the claims adjustment process. - answerIs damage
caused by a flood in progress covered?
National Flood Insurance Act (NFIA) of 1968
Flood Disaster Protection Act of 1973
National Flood Insurance
Reform Act (NFIRA) of 1994
Flood Insurance Reform Act (FIRA) of 2004. - answerThe U.S. Congress established
the NFIP on August 1, 1968, with the passage of
the_______________________________ . The NFIP was broadened and
modified with the passage of the ____________________________ and other
legislative measures. It was further modified by the _____________________________
and the____________________________________.
Federal Emergency Management Agency (FEMA),
U.S. Department of Homeland Security (DHS). - answerThe NFIP is administered by
the _______________________________________
a component of the __________________________________________
A community can be placed on probation 90 days after FEMA provides written
notice to community officials of specific deficiencies. Probation generally is
imposed only after FEMA has consulted with the community and has not been
able to resolve deficiencies. - answerWhen can a community be placed on probation?
Probation may be continued for up to 1 year after the community corrects all
Program deficiencies and remedies all violations to the maximum extent possible -
answerHow long will probation last?
Buildings entirely over water or principally below ground, gas and liquid storage
tanks, animals, birds, fish, aircraft, wharves, piers, bulkheads, growing crops,
shrubbery, land, livestock, roads, machinery or equipment in the open, and most
motor vehicles are not insurable through the NFIP. - answerWhat kinds of property are
not insurable under the NFIP?
the amount of flood insurance required must
, be at least equal to the lesser of (1) the outstanding principal balance of the loan,
(2) the maximum amount available under the NFIP, or (3) the total insurable
value of the property. - answerminimum coverage requirement for a flood insurance
policy? on required by mortageg company
TRUE - answerT/F The CBRA does not prevent development and it imposes no
restrictions on
development conducted with non-Federal funds
System Units - answergenerally comprised of private lands
that were relatively undeveloped at the time of their designation with the CBRS.
OPAs - answerare generally comprised of lands held by a qualified organization
primarily
for wildlife refuge, sanctuary, recreational, or natural resource conservation
purposes
Federal flood insurance. - answerThe only Federal spending prohibition within OPAs is
the
prohibition on ____________________________________
National Flood Insurance Reform Act of 1994
September 23, 1994 - answerThe ______________________________________ACT
requires individuals in SFHAs
who receive disaster assistance after _____________________________________ ,
for flood disaster losses
to real or personal property to purchase and maintain flood insurance coverage for
as long as they live in the dwelling.
- answerReplacement
cost coverage does not apply to manufactured (i.e., mobile) homes smaller than
certain dimensions specified in the policy.
LOMAs and LOMR-Fs can generally be issued within 60 days. Times are specified
from the receipt date of all technical or legal documentation. LOMRs take
approximately 90 days for processing, but the number of days may increase if
changes in flooding conditions are extensive or if BFEs increase. - answerHow long
does it take to obtain a LOMA, LOMR, or PMR?
Hazard Mitigation Grant Program (HMGP)
Pre-Disaster Mitigation Grant Program (PDM)
Flood Mitigation Assistance Grant Program (FMA)
Repetitive Flood Claims Grant Program (RFC)
Severe Repetitive Loss Grant Program (SRL) - answerWhat are the five hazard
mitigation grant programs?
Answers 100% Solved
If a policy is in effect on the date the flood in progress begins, damage caused
by the flood in progress is covered, subject to the terms of the SFIP. If a policy
is effective after the date the flood is in progress, damage caused by the flood in
progress most likely will not be covered. However, each NFIP claim is adjusted
individually and the cause of any loss, and any applicable limitations or exclusion
in the SFIP, is determined during the claims adjustment process. - answerIs damage
caused by a flood in progress covered?
National Flood Insurance Act (NFIA) of 1968
Flood Disaster Protection Act of 1973
National Flood Insurance
Reform Act (NFIRA) of 1994
Flood Insurance Reform Act (FIRA) of 2004. - answerThe U.S. Congress established
the NFIP on August 1, 1968, with the passage of
the_______________________________ . The NFIP was broadened and
modified with the passage of the ____________________________ and other
legislative measures. It was further modified by the _____________________________
and the____________________________________.
Federal Emergency Management Agency (FEMA),
U.S. Department of Homeland Security (DHS). - answerThe NFIP is administered by
the _______________________________________
a component of the __________________________________________
A community can be placed on probation 90 days after FEMA provides written
notice to community officials of specific deficiencies. Probation generally is
imposed only after FEMA has consulted with the community and has not been
able to resolve deficiencies. - answerWhen can a community be placed on probation?
Probation may be continued for up to 1 year after the community corrects all
Program deficiencies and remedies all violations to the maximum extent possible -
answerHow long will probation last?
Buildings entirely over water or principally below ground, gas and liquid storage
tanks, animals, birds, fish, aircraft, wharves, piers, bulkheads, growing crops,
shrubbery, land, livestock, roads, machinery or equipment in the open, and most
motor vehicles are not insurable through the NFIP. - answerWhat kinds of property are
not insurable under the NFIP?
the amount of flood insurance required must
, be at least equal to the lesser of (1) the outstanding principal balance of the loan,
(2) the maximum amount available under the NFIP, or (3) the total insurable
value of the property. - answerminimum coverage requirement for a flood insurance
policy? on required by mortageg company
TRUE - answerT/F The CBRA does not prevent development and it imposes no
restrictions on
development conducted with non-Federal funds
System Units - answergenerally comprised of private lands
that were relatively undeveloped at the time of their designation with the CBRS.
OPAs - answerare generally comprised of lands held by a qualified organization
primarily
for wildlife refuge, sanctuary, recreational, or natural resource conservation
purposes
Federal flood insurance. - answerThe only Federal spending prohibition within OPAs is
the
prohibition on ____________________________________
National Flood Insurance Reform Act of 1994
September 23, 1994 - answerThe ______________________________________ACT
requires individuals in SFHAs
who receive disaster assistance after _____________________________________ ,
for flood disaster losses
to real or personal property to purchase and maintain flood insurance coverage for
as long as they live in the dwelling.
- answerReplacement
cost coverage does not apply to manufactured (i.e., mobile) homes smaller than
certain dimensions specified in the policy.
LOMAs and LOMR-Fs can generally be issued within 60 days. Times are specified
from the receipt date of all technical or legal documentation. LOMRs take
approximately 90 days for processing, but the number of days may increase if
changes in flooding conditions are extensive or if BFEs increase. - answerHow long
does it take to obtain a LOMA, LOMR, or PMR?
Hazard Mitigation Grant Program (HMGP)
Pre-Disaster Mitigation Grant Program (PDM)
Flood Mitigation Assistance Grant Program (FMA)
Repetitive Flood Claims Grant Program (RFC)
Severe Repetitive Loss Grant Program (SRL) - answerWhat are the five hazard
mitigation grant programs?
