MLchartDataset catalogue

Flood coverage

Term · Insurance and risk management · MLC-T-INS-001550

Protection against financial losses caused by water damage from a flood, which is defined as an overflow of inland or tidal waters, unusual and rapid accumulation or runoff of surface waters, or mudslides. This type of coverage is excluded from standard homeowners insurance policies and must be purchased separately. In the United States, it is primarily available through the National Flood Insurance Program (NFIP).

Table 1. Record
IdentifierMLC-T-INS-001550
FieldInsurance and risk management
SubjectPersonal Lines
Record as JSON 
{
  "id": "MLC-T-INS-001550",
  "term": "Flood coverage",
  "field": "Insurance and risk management",
  "definition": "Protection against financial losses caused by water damage from a flood, which is defined as an overflow of inland or tidal waters, unusual and rapid accumulation or runoff of surface waters, or mudslides. This type of coverage is excluded from standard homeowners insurance policies and must be purchased separately. In the United States, it is primarily available through the National Flood Insurance Program (NFIP).",
  "subject": "Personal Lines",
  "url": "https://mlchart.com/terminology/insurance/flood-coverage/"
}

Record 1,432 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.