Definition of Property Protection

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TeachMeFinance.com - explain Property Protection



Property Protection -- Measures that are undertaken usually by property owners in order to prevent, or reduce flood damage. Property protection measures are often inexpensive for the community because they are implemented by or cost-shared with property owners. In many cases the buildings' appearance or use is unaffected, so these measurements are particularity appropriate for historical sites and landmarks. These measures include relocation and acquisition, flood proofing, and buying flood insurance.




About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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