Flood insurance in the United States

URI: https://gptkb.org/entity/Flood_insurance_in_the_United_States
GPTKB entity
Statements (42)
Predicate Object
gptkbp:instanceOf gptkb:insurance
gptkbp:administeredBy gptkb:government
gptkbp:claimsPaidBy gptkb:National_Flood_Insurance_Program
gptkbp:claimsProcess filed after flood event
gptkbp:country gptkb:United_States
gptkbp:covers property development
commercial property
personal property
building structure
gptkbp:eligibility property in participating community
gptkbp:established 1968
gptkbp:fundedBy gptkb:government
policyholder premiums
https://www.w3.org/2000/01/rdf-schema#label Flood insurance in the United States
gptkbp:maximumCoverageLimit $100,000 for contents
$250,000 for residential buildings
gptkbp:notCovered vehicles
basement contents
temporary housing costs
gptkbp:offeredBy gptkb:National_Flood_Insurance_Program
gptkbp:participatingCommunities over 22,000
gptkbp:policyBackedBy gptkb:government
gptkbp:policySoldBy insurance agents
gptkbp:premiumDeterminedBy flood risk
building characteristics
coverage amount
property location
gptkbp:privateMarketAvailable yes
gptkbp:purpose protect property owners from flood damage
gptkbp:recentUpdate Risk Rating 2.0 (2021)
gptkbp:reformed gptkb:Homeowner_Flood_Insurance_Affordability_Act_of_2014
gptkb:Biggert-Waters_Flood_Insurance_Reform_Act_of_2012
gptkbp:regulates gptkb:Federal_Emergency_Management_Agency
gptkbp:relatedTo climate change
disaster recovery
floodplain management
Federal Disaster Assistance
gptkbp:requires properties in high-risk flood zones with federally backed mortgages
gptkbp:riskAssessmentMethod gptkb:Flood_Insurance_Rate_Map
gptkbp:waitingPeriod 30 days
gptkbp:bfsParent gptkb:Biggert-Waters_Flood_Insurance_Reform_Act_of_2012
gptkbp:bfsLayer 7