Flood Insurance

Designed to provide Primary Flood Insurance to protect client assets and mortgagee’s collateral, these two programs – Preferred Primary and National Flood Insurance Program – cover both residential and commercial properties.

Insurance Company

National Flood Insurance Company (NFIP)
Certain Underwriters at Lloyd’s (Available in Select States)

Coverage

Building & Contents

Territory

United States, Puerto Rico, Guam

Eligible Properties

Commercial
Non-residential
Residential –

Single Family Dwelling

2 – 4 Family Dwelling
Other Residential
Apartments, Hotels, Motels
Condominium Association (RCBAP)
Manufactured Home/Building

Maximum Insured

NFIP Building - Residential $250,000 | Commercial $500,000
NFIP Contents - Residential $100,000 | Commercial $500,000
Preferred Building - Residential $250,000 | Commercial $500,000
Preferred Contents - Residential $100,000
Preferred Maximum TIV per location (any combination of real and personal property) -
Residential $300,000 | Commercial $500,000

Deductible Range

Residential - $1,000-$5,000
Commercial - $1,000-$50,000

Form

NFIP: Dwelling Form, General Property Form & Residential Condominium Building Association Policy Form
Preferred: NFIP complaint

Premium

NFIP: NFIP regulated rates program
Preferred: 10% discount to NFIP annual premium for qualifying risks

Policies underwritten and issued by Insurmark, a Managing General Underwriter. All carriers rated A.M. Best "A."
This information provides only a general description of the coverage afforded in the policies offered and should not be considered as altering the insuring agreement, terms, conditions, exclusions and endorsements of the policy itself. Please read the provisions contained in the actual policies and discuss them with your insurance professional.
Insurance is a division of Financial and Professional Risk Solution, Inc.