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• A type of catastrophic coverage available for an additional premium to repair or replace your property/personal belongings when damaged by rising water. Standard home insurance policies do not cover flood insurance. If your property is located on a flood plain, your lender may require you to purchase flood insurance.

  Utah Insurance Department - Cite This Source - This Definition
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  Cite Definition for flood insurance

  American Psychological Association (APA)

  flood insurance. (n.d.). Glossary of Homeowner Insurance Terms. Retrieved March 30, 2023, from website: http://www.expertglossary.com/definition/flood-insurance.

  Chicago Manual of Style (CMS)

  flood insurance. Glossary of Homeowner Insurance Terms. Utah Insurance Department. http://www.expertglossary.com/definition/flood-insurance (accessed: March 30, 2023).

  Modern Language Association (MLA)

  "flood insurance." Glossary of Homeowner Insurance Terms. Utah Insurance Department. 30 March. 2023 http://www.expertglossary.com/definition/flood-insurance.

• Browse Related Terms: Actual cash value, Actual cash value (ACV), Additional Living Expenses, Additional living expenses (ALE), Depreciation, Earthquake Insurance, Exclusion, flood insurance, Full Replacement Policy, Guaranteed Replacement Cost Coverage, Justified complaint, Loss of use, Renters insurance, Replacement Cost

All > Business > Finance > Personal Finance

• Flood insurance protects against water from an overflowing river or a hurricane's tidal surge and covers damage from water that builds up during storms.

  National Credit Union Administration - Cite This Source - This Definition
  ×

  Cite Definition for flood insurance

  American Psychological Association (APA)

  flood insurance. (n.d.). Pocket Cents Glossary. Retrieved March 30, 2023, from website: http://www.expertglossary.com/definition/flood-insurance.

  Chicago Manual of Style (CMS)

  flood insurance. www.mycreditunion.gov. Pocket Cents Glossary. National Credit Union Administration. http://www.expertglossary.com/definition/flood-insurance (accessed: March 30, 2023).

  Modern Language Association (MLA)

  "flood insurance." Pocket Cents Glossary. National Credit Union Administration. 30 March. 2023 http://www.expertglossary.com/definition/flood-insurance.

• Browse Related Terms: Federal Emergency Management Agency (FEMA), flood insurance, Flood Plain, living will, Medicaid, National Flood Insurance Program (NFIP), Participating Community, Regular Program Community, Special Flood Hazard Area (SFHA)

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