flood insurance

American  

noun

1. insurance covering loss or damage to property arising from a flood, flood tide, or the like.

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Example Sentences

High-risk zones may require separate flood insurance.

From MarketWatch

But Howard’s mortgage lender never suggested flood insurance.

From The Wall Street Journal

Delineating flood zones is a side project of the six-decade-old National Flood Insurance Program, or the NFIP, a FEMA-run insurer that writes most residential flood policies in the U.S.

From The Wall Street Journal

Flood insurance remains rare where lenders don’t require it.

From The Wall Street Journal

Home buyers in rural communities, as well as those in areas where homes need flood insurance, are particularly affected by the shutdown, because their mortgages and insurance policies cannot be finalized while the government is closed.

From MarketWatch