Flood Insurance terms starting with S

4 terms

  1. Single-Family Residence A residential single family dwelling. Incidental office, professional, private school, or studio occupancies, including a small service operation, are…
  2. Special Flood Hazard Area (SFHA) An area defined on a Flood Insurance Rate Map with an associated risk of flooding.
  3. Standard Flood Insurance Policy (SFIP) Policy issued to insure a building and/or its contents.
  4. Submit-for-Rate An application for flood insurance on a building for which no risk rate is published in the Flood Insurance Manual.