Maintaining flood insurance for residential, commercial, real estate owned (REO) and mobile home properties located within Special Flood Hazard Areas (SFHA) identified by FEMA is critical to prevent uninsured losses and ensure compliance with government regulations. Lender placed flood insurance is designed to protect you from being out of compliance in the event the borrower has failed to maintain flood insurance. We help you secure a program within the National Flood Insurance Program (NFIP) coverage limits of up to $250,000 for residential properties and up to $500,000 for commercial properties. We can also obtain additional flood coverage in excess of the NFIP maximums for large residential and commercial properties. And coverage is IMMEDIATE - properties are insured during the mandatory 45-day notification period.
Program Benefits
Coverage provided during the 45 day notification period
Coverage provided by numerous carriers rated "A" excellent or better by A.M. Best
Coverage rates competitive with those of the NFIP
Full integration with tracking software
Excess flood limits available