Author Question: Which of the following statements about the federal flood insurance program is true? A) Under the ... (Read 14 times)

jCorn1234

  • Hero Member
  • *****
  • Posts: 545
Which of the following statements about the federal flood insurance program is true?
 
  A) Under the write-your-own program, each insurer services the policies it writes.
  B) The regular portion of the program does not allow the purchase of higher amounts of coverage than are available under the emergency portion of the program.
  C) No coverage is available for property owners in areas where flooding has occurred previously.
  D) The maximum amount of coverage that can be written on any single dwelling is 25,000.

Question 2

Which of the following statements about coverage under the federal flood insurance program is (are) true? I. Subsidized coverage is available for contents, but not for dwellings. II. A 10,000 deductible applies to each loss.
 
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II



Natalie4ever

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

Answer: A

Answer to Question 2

Answer: D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

For a complete list of videos, visit our video library