Flood Insurance terms starting with B

4 terms

1. Base Flood The flood having a 1% chance of being equaled or exceeded in any given year.
2. Base Flood Elevation (BFE) The elevation shown on the Flood Insurance Rate Map (FIRM) for Zones AE, AH, A1-A30, AR, AR/A, AR/AE, AR/A1-A30, AR/AH, AR/AO, V1-V30, and VE that…
3. Basement Any area of the building, including any sunken room or sunken portion of a room, having its floor below ground level (subgrade) on all sides.
4. Breakaway wall A wall that is not part of the structural support of the building and is intended through its design and construction to collapse under specific lateral…