What does Flood Exclusion mean? Read on to discover the definition & meaning of the term Flood Exclusion - to help you better understand the language used in insurance policies.
A provision found in nearly all property insurance policies (even in all risks policies) eliminating coverage for damage by flood. May also eliminate coverage for other types of water damage, such as seepage and sewer backup. Flood coverage can sometimes be provided by endorsement. If not, a separate flood insurance policy may be available from the National Flood Insurance Program (NFIP).
We hope the you have a better understanding of the meaning of Flood Exclusion.