What Does Flood Coverage Mean?

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What does Flood Coverage mean? Read on to discover the definition & meaning of the term Flood Coverage - to help you better understand the language used in insurance policies.

Flood Coverage

Flood Coverage

Coverage for damage to property caused by flood. May be available by endorsement to an all risks policy or to a difference-in-conditions (DIC) policy. Normally, the coverage provided is subject to a per occurrence sublimit, an annual aggregate limit, and a separate deductible. Coverage may also be available from the National Flood Insurance Program (NFIP).

We hope the you have a better understanding of the meaning of Flood Coverage.

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