Flood License Exam Questions and Correct
Answers
Special Flood Hazard Area - CORRECT ANSWER A Special Flood Hazard Area is identified by FEMA in
Flood Hazard Boundary Maps. A Special Flood Hazard Area (SFHA) or high risk area is defined as any land
that would be inundated by having a 1-percent chance of occurring in any given year. This is also
referred to as the base flood.
more than 20 % of flood losses occur in lower risk zones due to - CORRECT ANSWER poor drainage
systems
rapid accumulation of rainfall
snowmelt
mudslides
, National Flood Insurance Program - CORRECT ANSWER was created in 1968 with two purposes in
mind:
Share the risks of flood losses through a single insurance program covering the entire country.
Reduce flood damage by restricting development in floodplains.
Write Your Own Program - CORRECT ANSWER Private insurers sell federal flood insurance under their
own names, collect the premiums, and receive an expense allowance
government has full responsibility for covering losses
Emergency flood insurance program - CORRECT ANSWER As soon as the community's SFHA is
identified, all properties in that base flood zone become eligible for flood insurance at emergency
program rates, subject to certain coverage limits:
The purchase of flood insurance is required with federally regulated loans on property located in an
SFHA.
Regular flood insurance program - CORRECT ANSWER Once all flood hazard zones in a community are
identified, homeowners and renters in low- and moderate-risk zones can buy flood insurance.
Flood - CORRECT ANSWER single peril policy
A general and temporary condition of partial or complete inundation of two or more acres of normally
dry land area or of two or more properties (at least one of which is the insured's property) from:1.
Overflow of inland or tidal waters;2. Unusual and rapid accumulation or runoff of surface waters from
any source;3. Mudflow.
Answers
Special Flood Hazard Area - CORRECT ANSWER A Special Flood Hazard Area is identified by FEMA in
Flood Hazard Boundary Maps. A Special Flood Hazard Area (SFHA) or high risk area is defined as any land
that would be inundated by having a 1-percent chance of occurring in any given year. This is also
referred to as the base flood.
more than 20 % of flood losses occur in lower risk zones due to - CORRECT ANSWER poor drainage
systems
rapid accumulation of rainfall
snowmelt
mudslides
, National Flood Insurance Program - CORRECT ANSWER was created in 1968 with two purposes in
mind:
Share the risks of flood losses through a single insurance program covering the entire country.
Reduce flood damage by restricting development in floodplains.
Write Your Own Program - CORRECT ANSWER Private insurers sell federal flood insurance under their
own names, collect the premiums, and receive an expense allowance
government has full responsibility for covering losses
Emergency flood insurance program - CORRECT ANSWER As soon as the community's SFHA is
identified, all properties in that base flood zone become eligible for flood insurance at emergency
program rates, subject to certain coverage limits:
The purchase of flood insurance is required with federally regulated loans on property located in an
SFHA.
Regular flood insurance program - CORRECT ANSWER Once all flood hazard zones in a community are
identified, homeowners and renters in low- and moderate-risk zones can buy flood insurance.
Flood - CORRECT ANSWER single peril policy
A general and temporary condition of partial or complete inundation of two or more acres of normally
dry land area or of two or more properties (at least one of which is the insured's property) from:1.
Overflow of inland or tidal waters;2. Unusual and rapid accumulation or runoff of surface waters from
any source;3. Mudflow.
