7 Things Independent Agents Need to Know About Flood Insurance
In the coming months, your clients will face an increased risk for floods. Here are seven key facts about floods and flood insurance to help you help your customers.
Flood
A Private Solution: Wading Through the Flood Insurance Marketplace
Flood insurance is often overlooked by agents and consumers alike. Now is the perfect time to educate clients about private market flood insurance options.
3 Ways to Expedite a Flood Claim
As long as a client buys a flood policy, there are plenty of ways that agents can be the trusted advisor and support their clients in the event of a flood. Here are three ways to expedite a flood claim.
From the Front Lines: Flood
“Don’t assume your area won’t flood,” says independent agent Danny Cook, who guided his community through catastrophic flooding twice in 23 months. “Flooding is increasing in frequency and severity.”
FEMA and USDA Offer Payment Flexibility for Flood and Crop Programs
In response to the coronavirus crisis, FEMA will extend the grace period to renew flood insurance policies from 30 to 120 days, and the USDA has announced flexibilities to help with policies, claims, reporting and payments.
Significant Wins for Independent Agents through Big ‘I’ 2019 Federal Advocacy
Key victories include a huge win giving independent agencies tax relief and a trifecta of Big “I” priorities made into law.
Congress Passes Three Big ‘I’ Priorities in One Bill
Today, the U.S. Senate passed a legislative package that includes three key priorities for independent agents: Reauthorizing the Terrorism Risk Insurance Act, extending the National Flood Insurance Program and repealing the “Cadillac tax.”
Congress Extends NFIP on Short-Term Basis
The Big “I” supports and continues to advocate for the House to pass legislation to reauthorize the NFIP for five years with reforms.
Trio of Companies Conceive Private Flood Solution
A response to recent devastating hurricanes, FloodFLEX is designed specifically to provide coverage for many unexpected expenses that insureds face in the aftermath of a flood.
Senate Passes Short-Term NFIP Extension
Earlier today, the U.S. Senate passed government funding legislation that extends the NFIP through Nov. 21. The legislation now heads to the president’s desk where it is expected to be signed into law.
