flood insurance
- Coverage that safeguards homeowners from damages arising from floods, often required by lenders if a home is situated in a flood-prone zone
- The bank insisted she purchase flood insurance before finalizing the mortgage due to her home’s location in a flood plain.
- Flood insurance gives him peace of mind knowing that potential flood damages to his home are covered.
- Despite living on higher ground, she opted for flood insurance as an added safety measure.
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