Drench the Certified Floodplain Manager (CFM) Test 2025 – Make Waves and Ace It!

Question: 1 / 400

Who must purchase flood insurance under the Mandatory Purchase Requirement?

All property owners

Owners of properties with federally backed mortgages in the SFHA

This is because the Mandatory Purchase Requirement applies to properties with federally backed mortgages in the Special Flood Hazard Area (SFHA). This is not limited to just owners, but also includes renters if they are living in a property with a federally backed mortgage. Option A is incorrect as it includes all property owners, regardless of whether they have a federally backed mortgage or not. Option C is incorrect as it only applies to renters in high-risk zones, not all renters. Option D is incorrect as it includes all commercial property owners, rather than just those with federally backed mortgages in the SFHA.

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Renters in high-risk zones

All commercial property owners

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