How Risk Rating 2.0 is Changing Flood Insurance RatesFlood insurance has been a misunderstood sector of the insurance industry since long before its creation as a monoline product. Before the creation of the National Flood Insurance Program (NFIP) in 1968, flooding...
Did you know that National Flood Insurance Program (NFIP) policies can be transferred from one property owner to the next? If you are selling your home let the buyer know that you have an existing NFIP policy that can be transferred to them. This process is called...
Throughout many decades of working in flood insurance, our team has heard almost every myth out there surrounding this valuable coverage. We have also seen many fall victim to some of these misconceptions by opting out of flood protection and later experiencing a...
The flood insurance market has grown substantially over the past few years, with more private carriers emerging and offering competitive premiums and additional coverage options. You might be wondering why there is a price difference among these companies and the...
Hurricane season is upon us and with these storms comes the threat of flooding. Unfortunately, tropical storms can also be unpredictable and their path, intensity, and possible damages are hard to determine ahead of time. The best thing you can do if you are in a...