Certified Floodplain Manager (CFM) Practice Exam

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Study for the Certified Floodplain Manager (CFM) Exam with a comprehensive quiz featuring multiple-choice questions, exam tips, and in-depth explanations. Prepare yourself for the CFM certification with confidence!

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What is mandatory under Building Insurance Coverage?

  1. Coverage for the building's external features

  2. Flood insurance for homeowners

  3. Earthquake insurance

  4. Personal property insurance

The correct answer is: Flood insurance for homeowners

While A, C, and D are potentially useful forms of coverage, they are not mandatory under building insurance coverage. Flood insurance, on the other hand, is often required by lenders in areas designated as flood zones. This is due to the high risk of flood damage, which can be financially devastating and not covered by traditional building insurance. Therefore, flood insurance is considered mandatory under building insurance coverage.