Certified Floodplain Manager (CFM) Practice Exam

Question: 1 / 400

What is the maximum Building Property Coverage for residential buildings?

$100,000

$250,000

The maximum Building Property Coverage for residential buildings can vary depending on the policy, but typically ranges from $100,000 to $250,000. Option A is incorrect because $100,000 may not provide enough coverage to fully repair or replace a residential building in the event of a disaster. Option C and D are incorrect because $500,000 and $750,000 are typically considered excessive for residential buildings and may not be covered under a standard policy.

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$500,000

$750,000

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