[TX P&C] 13. Flood Insurance and the Limits of Homeowners Coverage

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How to distinguish covered internal water discharge from excluded flood losses in Texas property policies. - The official NFIP definition of a flood, including the two-property condition rule. - Why top-down versus ground-up is a study prompt rather than a definitive legal coverage rule. - The limits of the NFIP Residential Dwelling form for single-family homes versus private flood and TWIA options. - How to avoid exam traps involving storm-related surface runoff and declared disaster events. This independent study resource helps candidates master Texas General Lines P&C exam concepts. Practice online at https://open-exam-prep.com/practice/tx-property-casualty and subscribe to our YouTube channel at https://www.youtube.com/@Open-exam-prep . Sources checked: September 28, 2026 https://www.tdi.texas.gov/consumer/index.html https://www.tdi.texas.gov/agent/general-property-apply.html