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Insurance coverage that protects losses caused to property because of floods is called flood insurance.
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24 Jan 10 Flood Insurance is an Asset if you stay in a Flood Zone

Insurance coverage that protects losses caused to property because of floods is called flood insurance. If your area is prone to floods, buying flood insurance would be a wise decision. Floods cause a great deal of damage to millions of homes. Having a flood insurance means you are spared the damages that are caused by flooding.

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