The Big "I" Virtual University: Flood Insurance Resouces
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New Flood Insurance Manual
Acces the updated manual and appendices here.
Understanding the Unique Facets of Flood Insurance
Flood insurance is unusual. A flood policy essentially covers one peril but it is surrounded by many unusual facts and facets that make flood coverage unlike any other. Agents must understand the uniqueness of flood to more effectively present it to clients. With the threats of "atmospheric rivers" growing in California and other western states, reminding your insurance of the importance of flood insurance is only growing.
Flood Insurance Myth Debunked: The Two Acres - Two Properties Rule
Through our "Ask an Expert" service, we have had reports of adjusters denying flood claims on the basis that localized flooding did not cover a surface area of 2 acres/properties as required by the NFIP program. The reality is that the NFIP flood program requires no such thing. First we'll look at one of these questions, then in an article from flood guru David Thompson of Florida, he debunks the myth of the 2 acre/properties rule.