NJ License Renewal Online-NJ Real Estate Commission Approve
NEW JERSEY School Organization ID: P1000137License Renewal Requirements
3.0 hours Floods and other Natural Hazards Course Syllabus
3.0 Elective Hours
In the past 5 years, all 50 states have experienced floods or flash floods. In the last 20 years, flooding has been the most common natural disaster by far, accounting for 43% of all recorded events. In fact, it doesn’t take much water, just a few inches of water from a flood can cause tens of thousands of dollars in damage. Flash floods often bring walls of water 10 to 15 feet high, and homeowners insurance does not cover flood damage.
Even though flood insurance isn't federally required, anyone can be financially vulnerable to floods. In fact, people outside of mapped high-risk flood areas file over 20 percent of all National Flood Insurance Program flood insurance claims and receive one-third of Federal Disaster Assistance for flooding. You are eligible to purchase flood insurance as long as your community participates in the National Flood Insurance Program.
This course covers one of the most common natural disasters, floods. Flood insurance claims flood insurance claims averaged more than $3.5 billion per year. With a better understanding of the National Flood Insurance Program and flood maps, you will be able to better assist your client.