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 maximum Contents Coverage for residential properties?

  1. $50,000

  2. $100,000

  3. $250,000

  4. $500,000

The correct answer is: $100,000

The maximum Contents Coverage for residential properties is $100,000. Option A ($50,000) and C ($250,000) are incorrect as they do not meet the maximum coverage limit. Option D ($500,000) is incorrect as it exceeds the maximum coverage limit. Therefore, the correct option is B ($100,000). It is important to carefully consider the coverage limit when selecting an insurance policy to ensure that you have adequate protection for your property.