Excess Flood is private flood insurance policy designed to supplement an existing NFIP residential or commercial flood policy.
Why Excess Flood Coverage?
The National Flood Insurance Program limits coverage on residential buildings to $250,000, but 50% of the homes in the U.S. are worth over $408,000. Your clients with high-valued homes may want additional coverage in the event of a catastrophic flood.
The Excess Flood solution enables you to offer higher limits of flood coverage to your clients, so that in the event of a superstorm, your client is better situated to be able to recover more.
Excess Flood Features:
- Residential properties - up to $5,000,000 building and contents coverage beyond the NFIP policy limits
- Coverages for residential and commercial properties (excluding condominiums)
- Commercial properties - up to $5,000,000 building and contents coverage beyond the NFIP policy limits
- Available in all states except AK, DC, and KY
- Coverage for structures with replacement cost value up to $15,000,000