### Question
How does NATIONAL FLOOD INSURANCE define repetitive loss structure?


### Answer
Under *42 U.S.C. § 4121*, **repetitive loss structure** is defined as:

> a structure covered by a contract for flood insurance under this chapter that has incurred flood-related damage on 2 occasions during a 10-year period ending on the date of the event for which a second claim is made, in which the cost of repair, on the average, equaled or exceeded 25 percent of the value of the structure at the time of each such flood event

#### Citation:
  - *42 U.S.C. § 4121*
  - Heading: **CHAPTER 50-NATIONAL FLOOD INSURANCE > SUBCHAPTER IV-GENERAL PROVISIONS**

