Flood Plain
Definition
- Land that is prone to inundation (being covered by water).
Synonyms
flood meadow, flood fringe, floodplain, floodway
Acronyms
flpl
Related Terms and Acronyms
- Act of God (AOG) — Acronym,
- When used in insurance policies, an event caused by natural forces such as hail, rain, tornado, lightning, floods or earthquakes, which results in damage to property.
- Catastrophe Insurance — Definition,
- Insurance that covers losses due to catastrophe hazards such as hurricanes, earthquakes and terrorist attacks.
- Exclusions — Definition,
- Situations, as listed in an insurance policy, where insurance companies are allowed to deny coverage to policyholders.
- Flood Insurance — Definition,
- An insurance policy that provides coverage for the damages resulting from flooding. Canadian homeowners are currently unable to purchase flood insurance.
- Hazard Insurance — Definition,
- Insurance that covers hazards that are considered risky enough not to be covered by a standard insurance policy.
- Homeowners Insurance — Definition,
- A policy that includes hazard coverage, covering loss or damage to property and/or assets located within, as well as coverage for personal liability and theft.
- Property Insurance — Definition,
- Insurance that provides coverage for damages to property from a number of perils.
- Reliction — Definition,
- An increase in the amount of land that occurs when a river or sea permanently withdraws.
- Water Damage Insurance — Definition,
- Insurance that covers water damage to insured property.
- Water Damage Legal Liability Insurance — Definition,
- Insurance that covers policyholders for liability from water damage to another party's property.
