Repetitive Loss 2


Repetitive Loss 2 : "Under the National Flood Insurance Program, the payment of at least $1,000 twice or more since 1978 for flood damages to the same property. Thus, such a property would be a repetitive loss property; a community with one or more such properties is a repetitive loss community. Repetitive loss projects are mandatory for such communities when participating in CRS". (APA, Planning for A Disaster-Resistant Community, 2005, p. 84)
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