Flood insurance
From Bogleheads
flood insurance
- Insurance indemnifying against loss by flood damage. Required by lenders (usually banks) in areas designated (federally) as potential flood areas. The insurance is private but federally subsidized.
-from -Financial Definitions Northern Trust
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Please see [url=http://www.bogleheads.org/wiki/Flood_insurance]Flood insurance[/url] on the [url=http://www.bogleheads.org/wiki/Main_Page]Bogleheads Wiki[/url].
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