flood insurance

noun

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

He proposed using some unspent funds to subsidize flood insurance.

The folks who live in between are still recovering from the storm and wondering how they will ever pay for flood insurance.

We proffer federally backed flood insurance at rates bearing no resemblance to the risks.

What will the governments try to do for those who did not purchase flood insurance?

This does not include payouts to be made by the National Flood Insurance Program (NFIP).

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