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 the goal of the Repetitive Flood Claims Program (RFC)?

To provide unlimited federal funding for flood damage
To focus on non-insured properties
To prioritize acquisitions that offer the most savings for the NFIP
To retrofit homes for flood resistance

The correct answer is: To prioritize acquisitions that offer the most savings for the NFIP

The goal of the Repetitive Flood Claims Program (RFC) is to prioritize acquisitions that offer the most savings for the National Flood Insurance Program (NFIP). Option A is incorrect because the federal funding for flood damage is not unlimited and there are set monetary limits for claims. Option B is incorrect because the program does not focus solely on non-insured properties, but also uninsured and underinsured properties. Option D is incorrect because the RFC is primarily focused on acquiring and removing flood-prone structures rather than retrofitting existing homes.