What is the recurrence interval that is considered acceptable by insurers for development on flood plains?
A) 10 years
B) 50 years
C) 100 years
D) 500 years

Question

Quizplus · Accepted Answer

Insurers generally consider a 100-year recurrence interval as an acceptable level of risk for development on flood plains. This means that there is a 1% chance of a flood occurring each year that would cause damage equal to or greater than the level defined as a 100-year flood. Development in areas with higher recurrence intervals would be considered too risky for insurance purposes.

What Is the Recurrence Interval That Is Considered Acceptable by Insurers