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Page 12 WATER TALK Winter/Spring 1496 WHEN IS A FLOOD A It is not necessary that buildings on the adjacent . premises be inundated or otherwise damaged by FLOOD? AND WHY IS t100d• It is sufficient that there is inundation of normally dry land on the adjacent premises or street. THIS DEFINITION M P O RTA NT� � the It does not matter if the adjacent properties meet 2-acre Wile. There is no stipulation regarding the size of the adjacent properties which would establish (Reprinted from Watermark, Federal a general condition of flooding. Emergency Management Agency, WHY IS THIS DEFINITION CRITICAL? Spring/Summer 1995) The above-noted definition of general condition WHEN IS A FLOOD A FLOOD UNDER A of flooding is critical to those individuals that have purchased a flood insurance policy. It tells them the FLOOD INSURANCE POLICY? triggering event for which a sustained loss may be reimbursed under a flood insurance policy. Under a National Flood Insurance Program standard flood insurance policy (SFLP), flooding But one of the biggest misconceptions about ram ) is that a begins at the moment the insured building is first National Flood Insurance g structure or its contents must be ocl aced to a ma d touched by flood waters associated with a general condition of flooding in the area. To qualify as a fl zone before the owner or renter can purchase general condition of flooding, the flood must affect flood insurance. MoMng co ulu fart er firm the or two or more acres t�property owner or renter can purchase two or more adjacent properties, flood insurance provided the structure is located in a if the water is confined to the lot on which the community that is participating in the NFIP. Losses insured building is located. Also, the occurrence ma �aymtnrta, -when a . must inundate normally dry land. gene ono to occurs in the area re w r not the swc K ess o or tune is The '2-acre rule"is found in Article 3, Section floodplain. C,paragraph 2 of the SFIP Dwelling form,General Mapped Property form, and the Residential Condominium Historically, in Minnesota, the Federal Building Association Policy. Emergency Management Agency(FEMA) has The purpose of the"2-acre Wile" is to establish mapped floodplains adjacent to lakes, streams, criteria for flooding ...contlnuodbn page 13 confined to a single premise. One acre is t 4.840 square yards. Two acres is a little less than two football fields in size (one football field, without the end zones,is 50 yards by 100 yards or 5,000 square yards). It does not matter if the insured owns both '0 adjacent properties. The _ policy exclusion refers only to the ,premises on .._ which the property is located." The adjacent — properties must be legally-distinct properties regardless of ownership.