Flood FLEX - Flood Coverage Enhancement

Offered by AmWINS Group, Inc.

Flood Private Flood

Description

FloodFLEX is a coverage enhancement that increases the loss payable under COVERAGE A—BUILDING COVERAGE of a commercial or residential building flood policy by 10%, 25%, 50% or even 100%. The insured receives one payment to the building and a second FloodFlex payment to be used at the insured’s discretion for any purpose, such as evacuation expenses, increased cost of construction, or the deductible. This program is managed by The Flood Insurance Agency (TFIA), an AmWINS Group Company.

Program features include:

•1st Dollar primary building/contents coverage available up to $10,000,000 for properties located in A, X, and V zones including almost all coastal properties

•$5,000, $50,000, $100,000, $250,000, and $500,000 deductibles

•Rate-lock feature that provides insured with options to lock in pricing for up to 3 years, regardless of losses incurred during that time

•Certified lender compliant

Minimum premium:
There is no minimum premium, but there is a minimum earned premium provision tied closely to a seasonal flooding calendar that penalizes those who cancel policies after being insured through the worst of flooding season.

Details

Has Pen

Appointment Required

Carrier Information

Non-Admitted

Listing Contact

Eric Weber Executive Vice President

Offered By

AmWINS Group, Inc.

33 listings in 50 states + DC

View Company

Availability 50 states

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Covered

Not Covered

Share This Listing

Contact This Company