Lender Placed Flood
Offered by Kistler Agency, LLC
Flood Lender Placed Lender Placed Flood Multi-perilDescription
• Backed by the world's largest insurance market
• Up to $6 billion in insuring capacity
• Covers losses caused by multiple perils such as fire, smoke, water, wind, civil commotion, explosion, theft, vandalism etc.
• Immediate coverage - no waiting period
• No elevation certificates required
• Available deficiency coverage when borrower's insurance has insufficient limits
• Available deductible buy-back coverage when borrower's insurance carries excessive deductible
• Automatic Coverage (subject to eligibility criteria)
• Flexible borrower notification letter cycle
• Special notifications to borrowers affected by flood map changes
• Flexible rating based on lender preferences
• Blanket coverage available
• Coverage available in Coastal Barrier Resources System areas
• Less restrictive cancellation provisions compared to the NFIP
• Coverage automatically renews
• Increased Cost of Compliance coverage up to $30,000 included
For coverage information, open the attached file below (above state map in "downloadable files").
Offered By
Downloadable Files
Availability 50 states + DC
Covered
Not Covered