Arkansas Insurance Adjuster Practice Exam 2026 - Free Insurance Adjuster Practice Questions and Study Guide

The National Flood Insurance Program (NFIP) provides flood insurance for individuals in communities complying with NFIP standards. This means that in order to be eligible for flood insurance through NFIP, you must live in a community that participates in the program and meets certain floodplain management requirements.

Option A is incorrect because NFIP does not provide flood insurance for everyone, regardless of their location.

Option B is incorrect because NFIP does not cover all individuals living in floodplains, only those in communities that participate in the program.

Option D is incorrect because there is a 30-day waiting period for new flood insurance policies to go into effect, unless it is purchased alongside other types of homeowners insurance.