4 posts found
09/16/2021 · 6 min read
Private flood beats NFIP on higher limits, replacement-cost contents, 24-to-48-hour bind versus the 30-day NFIP wait, and broader coverages like business income. Build flood into every coverage review, get an MGA appointment alongside your NFIP access, and document every client's decision in writing.
09/16/2021 · 6 min read
Build flood expertise by mastering elevation certificates first, then NFIP policy form and exclusions, then private flood market access. The result is a referral network with realtors and lenders, an annual flood review touchpoint that drives retention, and a niche underserved by generalists.
09/15/2021 · 5 min read
Most agents assume clients in low-risk zones don't need flood. More than 40% of NFIP claims come from outside high-risk zones. Document the flood conversation, learn NFIP Risk Rating 2.0, and quote private flood for higher limits and replacement-cost settlement before clients find the gap after a loss.
09/15/2021 · 5 min read
Agents commonly leave clients underinsured: NFIP building caps at $250K, contents are sub-limited, and the 30-day waiting period traps clients who buy reactively. NFIP Risk Rating 2.0 changes pricing, and private flood offers higher limits, broader coverage, and shorter waits worth quoting on every account.