Flood insurance
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  Flood insurance



Flood insurance

   Insurance that compensates for physical property damage resulting from flooding.

RELATED TERMS
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Insurance
Protection against a specific loss over a period of time that is secured by the payment of a regularly scheduled premium.

Property
The rights of ownership. The right to use, possess, enjoy, and dispose of a thing in every legal way and to exclude everyone else from interfering with these rights.



SIMILAR TERMS
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Flood hazard areas
Locations specified on Federal Emergency Management Agency (FEMA) maps indicating areas that are subject to flooding. The seller's agent is required to inform potential buyers if the agent has knowledge that a property is located in such an area.

Flood plain
Land that is prone to inundation.

Floor
The minimum rate possible on a variable-rate loan or line of credit, after any initial introductory rate period.

Floor area ratio (FAR)
The ratio of the gross square footage of a building to the square footage of the land on which it is situated



PREVIOUS AND NEXT TERMS
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Float
The number of freely traded shares in the hands of the public.

Float floor drain
A drain that diverts water from the basement to a collection area. Water is then removed with a sump pump.

Floating
The time period is defined by a season and the week period is not fixed. One reserves the time period within the appropriate season annually.

Floating wall
Walls built to withstand movement in the basement floor.

Flood hazard areas
Locations specified on Federal Emergency Management Agency (FEMA) maps indicating areas that are subject to flooding. The seller's agent is required to inform potential buyers if the agent has knowledge that a property is located in such an area.

Flood insurance

Flood plain
Land that is prone to inundation.

Floor
The minimum rate possible on a variable-rate loan or line of credit, after any initial introductory rate period.

Floor area ratio (FAR)
The ratio of the gross square footage of a building to the square footage of the land on which it is situated

Florida room
An enclosed porch built on the back or side of a house, sometimes air-conditioned.

Flue
The pipe or conduit that allows combustion gasses to exit the house.

This dictionary contains 6433 terms.
      












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