Monday, October 22, 2018

PRIVATE FLOOD INSURANCE


Big news!  Beginning October 1, 2018 FEMA implemented additional changes to the National Flood Insurance Program (NFIP) allowing policyholders who purchase a private flood insurance policy to cancel their duplicate NFIP policy.

So what is private flood insurance?  FEMA has established incentives for the private market to ease its risk burden.  We now have very competitive, A-Rated, private flood insurance companies that offer flood insurance without all FEMA required documentation.  That’s right, you might be able to buy a flood policy, even without an Elevation Certificate, for less money than the NFIP.  Quoting is quick and simple.  Give me a call and I’ll quote your new flood policy today.  239-593-1498

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