Which of the Following Statements About the Federal Flood Insurance

question 21

Multiple Choice

Which of the following statements about the federal flood insurance program is true?

• A)Under the write-your-own program,each insurer services the policies it writes.
• B)The regular portion of the program does not allow the purchase of higher amounts of coverage than are available under the emergency portion of the program.
• C)No coverage is available for property owners in areas where flooding has occurred previously.
• D)The maximum amount of coverage that can be written on any single dwelling is $25,000.

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Definitions:

1824

The year marked by the United States presidential election, which was ultimately decided in the House of Representatives, leading to John Quincy Adams’ presidency.

American System

An economic plan that played a prominent role in American policy during the first half of the 19th century, rooted in the belief in protectionism, a national bank, and internal improvements (such as roads and canals) to foster commerce and strengthen the nation.

Whigs

A political party active in the 19th century United States that advocated for federal government support of internal improvements and a national bank.

Federal Government

The national government of the United States, created by the Constitution, that encompasses the executive, legislative, and judicial branches.