Certified Floodplain Manager (CFM) Practice Exam

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Prepare for the Certified Floodplain Manager exam with comprehensive quizzes featuring multiple-choice questions paired with insights and explanations. Get ready to demonstrate your expertise in floodplain management and advance your professional credentials!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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What is 'Submit to Rate' in flood insurance terms?

Applying for federal aid
A flood risk assessment process
A detailed underwriting analysis process
A claim submission procedure

The correct answer is: A detailed underwriting analysis process

'Submit to Rate' refers to a detailed underwriting analysis process in flood insurance terms. This involves assessing the flood risk of a property and determining the appropriate premium to charge for flood insurance coverage. Option A, applying for federal aid, is incorrect because it refers to a different process of obtaining financial assistance for flood damage. Option B, a flood risk assessment process, is incorrect because it does not encompass the full scope of the 'Submit to Rate' process. Option D, a claim submission procedure, is incorrect because it relates to the process of filing a claim for flood damage, not determining the premium for coverage.