Which of the Following Statements Is True About Flood Insurance

Multiple Choice

Which of the following statements is true about flood insurance?

A) It is covered under homeowners policies.
B) It provides coverage for structures and personal property or contents on a replacement cost basis.
C) It is provided automatically to flood-prone areas, but provided only on specific request to flood-immune areas.
D) It offers replacement coverage for contents.
E) Once a flood rate map is completed, a second, or regular, layer of coverage is available at subsidized rates rather than actual rates.