You have just laid out the US National Flood Insurance Program, which is slightly more forgiving, I believe they will rebuild your home 1 time, then if you ha

You have just laid out the US National Flood Insurance Program, which is slightly more forgiving, I believe they will rebuild your home 1 time, then if you have a 2nd claim they pay to relocate you and the property is no longer buildable or rather no longer eligible for Flood Insurance.