Which program makes flood coverage available for residential and commercial buildings and personal property?

Which program makes flood coverage available for residential and commercial buildings and personal property?

• A. Terrorism Risk Insurance Act (TRIA)
• B. National Flood Insurance Program
• C. National Do Not Call Registry
• D. Health Insurance Portability and Accountability Act

Answer: (B)

Flood insurance for both homes and businesses is provided through the National Flood Insurance Program, a government-backed program run by FEMA. It makes flood coverage available in both residential and commercial settings by offering standard policies that cover the building and its personal property. Private insurers rarely offer flood coverage on favorable terms, and lenders may require NFIP protection for properties in flood-prone areas. The other options relate to terrorism insurance, telemarketing opt-out, and health privacy, and do not provide flood coverage.

Flood insurance for both homes and businesses is provided through the National Flood Insurance Program, a government-backed program run by FEMA. It makes flood coverage available in both residential and commercial settings by offering standard policies that cover the building and its personal property. Private insurers rarely offer flood coverage on favorable terms, and lenders may require NFIP protection for properties in flood-prone areas. The other options relate to terrorism insurance, telemarketing opt-out, and health privacy, and do not provide flood coverage.