Flood Insurance: Help Clients Understand What Is and Isn’t Covered
As severe weather becomes more frequent, it’s critical for agents to help clients understand what flood insurance does and doesn’t cover.
Personal Lines
How Agents Can Help Clients Purchase Flood Insurance as the Market and Their Needs Change
The impacts from extreme weather events—made even clearer by Hurricanes Helene and Milton—have led to consumers reevaluating their flood risk.
Most Americans Do Not Fully Understand Their Insurance Coverage
The Trusted Choice® survey revealed that while most U.S. insurance consumers don’t fully understand the policies they have purchased, 86% believe they do.
32.7 Million Homes at Risk of Hurricane Damage
Across the nearly 33 million homes stretching from Texas to Maine that could be impacted by hurricane winds, the combined reconstruction cost would be $10.8 trillion.
AN Radio: Preparing for the Storm and Flood Insurance Strategies
Brian Chapman, agent and owner of Chapman Insurance in Florida, sits down with Cassie Masone, vice president of flood operations at Selective Insurance.
3 Tips Agents Can Offer Clients to Protect Their Property From Flooding
As the climate changes, independent agents play a major role in educating their clients on the need to purchase flood insurance, as well as providing advice to them on the steps to take to protect their property.
Neptune Flood Expands Coverage into Kentucky
Neptune Flood has expanded flood coverage for residential, commercial and residential condominium building association policy (RCBAP) flood products into the Bluegrass State.
From The Front Lines: Flood Insurance
“Both the NFIP and the private market will remain extremely important,” says independent agent Jeffrey Wyrsch. “We need to have both because they both offer advantages in different situations.”
Only 2% of California Homeowners Have Flood Insurance
As the recent string of storms and flooding on the West Coast have likely hit property owners with unmitigated costs, many Americans mistakenly believe they are covered against floods, according to Neptune Flood.
From the Front Lines: Flood
“With the world experiencing more extreme weather events, the value of flood insurance is a lesson that is more important than ever,” says independent agent Lisa Sharrard. “Some homeowners pay off their mortgage, cancel their flood policy and believe they