Is there a maximum deductible permitted on flood insurance. If so, where can I find this information.

Thanks for your help!

Yes, if it's an NFIP policy.
Residential = $5,000.00
Non-Residential = $50,000.00

Thanks David, another wrinkle- we have two buildings insured under one policy with a schedule that identifies both structures and their insured value for flood. Would the deductible be per building or per policy in this case?

What difference does it make?

Well I guess if we are trying to underwrite the risk portion to make sure borrower can handle the higher deductible... if only 1 out of the 2 buildings are damaged in the flood, if the deductible is pro-rated over 2 buildings since they are scheduled on the policy, meaning deductible will be less than the $50,000 total. OR
I guess management wants to make sure that each structure does not have its own $50k deductible because of the scheduled property.
However, based on other types of insurance, a deductible would need to be satisfied no matter how much of the loss or whether only one structure vs two are damaged. Just wanting to confirm my understanding is not flawed.

I see and it is a very valid question from a risk standpoint. From my understanding it is a per building deductible as when applying for a scheduled building policy, a separate application must be submitted for each building.