1. Flood coverage for most properties is provided through the:

National Flood Insurance Program (NFIP) or a private flood insurer

Because standard property policies exclude flood, coverage is obtained through the NFIP or private flood insurers.

2. A new NFIP flood policy generally has a waiting period before coverage takes effect of:

30 days

NFIP flood policies generally impose a 30-day waiting period before coverage becomes effective, with limited exceptions.

3. Under the NFIP, the maximum building coverage for a single-family residential structure is:

250000 dollars

The NFIP maximum building limit for a single-family dwelling is 250000 dollars, with 100000 dollars available for contents.

4. A Difference in Conditions (DIC) policy is used to:

Fill gaps and broaden coverage over an underlying property policy, often adding flood or earthquake

DIC policies supplement underlying property coverage, often adding excluded perils such as flood and earthquake.