All > Business > Finance > Insurance > Flood Insurance

• A residential single family dwelling. Incidental office, professional, private school, or studio occupancies, including a small service operation, are permitted if such incidental occupancies are limited to less than 50 percent of the building's total floor area.

  Federal Emergency Management Agency (FEMA) - Cite This Source - This Definition
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  Cite Definition for Single-Family Residence

  American Psychological Association (APA)

  Single-Family Residence. (n.d.). National Flood Insurance Glossary. Retrieved April 1, 2023, from website: http://www.expertglossary.com/definition/single-family-residence.

  Chicago Manual of Style (CMS)

  Single-Family Residence. National Flood Insurance Glossary. Federal Emergency Management Agency (FEMA). http://www.expertglossary.com/definition/single-family-residence (accessed: April 1, 2023).

  Modern Language Association (MLA)

  "Single-Family Residence." National Flood Insurance Glossary. Federal Emergency Management Agency (FEMA). 1 April. 2023 http://www.expertglossary.com/definition/single-family-residence.

• Browse Related Terms: 2 to 4 Family Residence, Condominium, Manufactured (mobile) home, Mobile home, Non-Residential, Other Residential, Residential Condominium Building Association Policy (RCBAP), Single-Family Residence

All > Business > Finance > Insurance > Flood Insurance

• A FEMA-identified high-risk flood area where flood insurance is mandatory for properties. An area having special flood, mudflow, or flood-related erosion hazards, and shown on a Flood Hazard Boundary Map or a Flood Insurance Rate Map as Zone A, AO, A1-A30, AE, A99, AH, AR, AR/A, AR/AE, AR/AH, AR/AO, AR/A1-A30, V1-V30, VE, or V.

  Federal Emergency Management Agency (FEMA) - Cite This Source - This Definition
  ×

  Cite Definition for Special Flood Hazard Area (SFHA)

  American Psychological Association (APA)

  Special Flood Hazard Area (SFHA). (n.d.). National Flood Insurance Glossary. Retrieved April 1, 2023, from website: http://www.expertglossary.com/definition/special-flood-hazard-area-sfha.

  Chicago Manual of Style (CMS)

  Special Flood Hazard Area (SFHA). National Flood Insurance Glossary. Federal Emergency Management Agency (FEMA). http://www.expertglossary.com/definition/special-flood-hazard-area-sfha (accessed: April 1, 2023).

  Modern Language Association (MLA)

  "Special Flood Hazard Area (SFHA)." National Flood Insurance Glossary. Federal Emergency Management Agency (FEMA). 1 April. 2023 http://www.expertglossary.com/definition/special-flood-hazard-area-sfha.

• Browse Related Terms: Flood Disaster Protection Act (FDPA) of 1973, Flood Hazard Boundary Map (FHBM), Flood Insurance Rate Map (FIRM), Flood Zone (Zone), Mandatory Purchase, Special Flood Hazard Area (SFHA), zone

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All > Business > Finance > Insurance > Flood Insurance

• Policy issued to insure a building and/or its contents.

  Federal Emergency Management Agency (FEMA) - Cite This Source - This Definition
  ×

  Cite Definition for Standard Flood Insurance Policy (SFIP)

  American Psychological Association (APA)

  Standard Flood Insurance Policy (SFIP). (n.d.). National Flood Insurance Glossary. Retrieved April 1, 2023, from website: http://www.expertglossary.com/definition/standard-flood-insurance-policy-sfip.

  Chicago Manual of Style (CMS)

  Standard Flood Insurance Policy (SFIP). National Flood Insurance Glossary. Federal Emergency Management Agency (FEMA). http://www.expertglossary.com/definition/standard-flood-insurance-policy-sfip (accessed: April 1, 2023).

  Modern Language Association (MLA)

  "Standard Flood Insurance Policy (SFIP)." National Flood Insurance Glossary. Federal Emergency Management Agency (FEMA). 1 April. 2023 http://www.expertglossary.com/definition/standard-flood-insurance-policy-sfip.

• Browse Related Terms: Actual cash value (ACV), Elevation Certificate, Federal Policy Fee, Grandfathering, Group Flood Insurance Policy (GFIP), Increased Cost of Compliance (ICC), policy, Post-FIRM Building, Pre-FIRM Building, Preferred Risk Policy (PRP), Probation Surcharge (Premium), Replacement Cost Value (RCV), Standard Flood Insurance Policy (SFIP), Submit-for-Rate, Waiting Period, Wave Height Adjustment, Write Your Own (WYO) Program

All > Business > Finance > Insurance > Flood Insurance

• An application for flood insurance on a building for which no risk rate is published in the Flood Insurance Manual. Insurance coverage can be obtained only after the NFIP has approved the application and has established the risk premium rate.

  Federal Emergency Management Agency (FEMA) - Cite This Source - This Definition
  ×

  Cite Definition for Submit-for-Rate

  American Psychological Association (APA)

  Submit-for-Rate. (n.d.). National Flood Insurance Glossary. Retrieved April 1, 2023, from website: http://www.expertglossary.com/definition/submit-for-rate.

  Chicago Manual of Style (CMS)

  Submit-for-Rate. National Flood Insurance Glossary. Federal Emergency Management Agency (FEMA). http://www.expertglossary.com/definition/submit-for-rate (accessed: April 1, 2023).

  Modern Language Association (MLA)

  "Submit-for-Rate." National Flood Insurance Glossary. Federal Emergency Management Agency (FEMA). 1 April. 2023 http://www.expertglossary.com/definition/submit-for-rate.

• Browse Related Terms: Actual cash value (ACV), Elevation Certificate, Federal Policy Fee, Grandfathering, Group Flood Insurance Policy (GFIP), Increased Cost of Compliance (ICC), policy, Post-FIRM Building, Pre-FIRM Building, Preferred Risk Policy (PRP), Probation Surcharge (Premium), Replacement Cost Value (RCV), Standard Flood Insurance Policy (SFIP), Submit-for-Rate, Waiting Period, Wave Height Adjustment, Write Your Own (WYO) Program