Certified Floodplain Manager (CFM) Practice Exam

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Prepare for the Certified Floodplain Manager Exam with comprehensive quizzes, multiple-choice questions, and detailed explanations. Ensure you're ready with the best resources available!

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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How much Contents Coverage can commercial properties have?

$100,000
$250,000
$500,000
$750,000

The correct answer is: $500,000

Commercial properties can have up to $500,000 of Contents Coverage. This option covers the value of the property's contents or inventory, including furniture, equipment, and supplies. Option A and B are too low and most likely not enough coverage for larger commercial properties. Option D is a high coverage, but may not be necessary for all properties and could result in higher premiums. Option C offers a balance of sufficient coverage without being overly expensive.