Meaning of the word "flood insurance" in English

What does "flood insurance" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

flood insurance

US /ˈflʌd ɪnˌʃʊr.əns/
UK /ˈflʌd ɪnˌʃʊr.əns/
"flood insurance" picture

Noun

1.

insurance that protects against property loss due to flooding

Example:
Many homeowners in coastal areas are required to have flood insurance.
After the hurricane, many residents wished they had purchased flood insurance.
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