flood insurance

noun

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

Example Sentences

That map would have restricted development and forced some homeowners to buy flood insurance.

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Being in a zone forces homeowners with federally backed mortgages to buy flood insurance and requires new buildings to be at least as high as the base flood elevation, the expected flood height during a 100-year storm.

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The government shutdown has left the country’s 57-year-old National Flood Insurance Program in limbo.

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Burgess is now betting on flood insurance, an undertaking so unprofitable that for decades private companies steered clear.

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The National Flood Insurance Program, or NFIP, has lost nearly $40 billion over the past 20 years.

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