A) The insurance company or the insured party
B) Only the insurance company
C) Only the insured party
D) No one, because it is a contract with a written term
Correct Answer
verified
Multiple Choice
A) your regular homeowners insurance policy covers floods.
B) you must purchase separate flood insurance.
C) you must build a retaining wall to keep out the flood waters.
D) you may obtain a waiver from FEMA and therefore be exempt from needing insurance against flooding.
Correct Answer
verified
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