Insurance Lesson

Flood Zone

Shannon Springer
23 seconds
Insurance

A flood zone and not the Dance Club, is a geographic zone determined by FEMA, or the Federal Emergency Management Agency. The Zones are used to determine rates for insurance premiums that are based on the potential severity of floods in each area.

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What This Video Covers

A flood zone and not the Dance Club, is a geographic zone determined by FEMA, or the Federal Emergency Management Agency. The Zones are used to determine rates for insurance premiums that are based on the potential severity of floods in each area.

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Contractual Liability

Contractual liability is liability assumed under a contract; coverage depends on whether the agreement qualifies as an insured contract and whether exclusions apply.

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