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 triggers a property to require flood insurance under the NFIP?

  1. Being located near a body of water

  2. Having a federally backed mortgage loan and being in a SFHA

  3. A history of flooding

  4. The homeowner's personal choice

The correct answer is: Having a federally backed mortgage loan and being in a SFHA

This is because the National Flood Insurance Program (NFIP) is a government program that offers flood insurance to property owners in exchange for communities adopting and enforcing floodplain management regulations. The regulations require that any structure with a federally backed mortgage loan in a Special Flood Hazard Area (SFHA) must have flood insurance. The other options are not directly related to the NFIP's flood insurance requirements. While being located near a body of water and having a history of flooding may increase the likelihood of needing flood insurance, they are not specific criteria for the NFIP. Similarly, a homeowner's personal choice to purchase flood insurance does not automatically trigger the requirement under the NFIP.

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