Repetitive loss structure
Term · Insurance and risk management · MLC-T-INS-000203
An NFIP-insured structure that has had at least 2 paid flood losses of more than $1,000 each in any 10-year period since 1978.
| Identifier | MLC-T-INS-000203 |
|---|---|
| Field | Insurance and risk management |
| Subject | National Flood Insurance Program |
| References | FloodSmart Flood Insurance Glossary; FEMA Glossary |
Record as JSON
{
"id": "MLC-T-INS-000203",
"term": "Repetitive loss structure",
"field": "Insurance and risk management",
"term_source": "Repetitive Loss Structure",
"definition": "An NFIP-insured structure that has had at least 2 paid flood losses of more than $1,000 each in any 10-year period since 1978.",
"subject": "National Flood Insurance Program",
"references": [
"FloodSmart Flood Insurance Glossary",
"FEMA Glossary"
],
"url": "https://mlchart.com/terminology/insurance/repetitive-loss-structure/"
}
Record 2,953 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.