Nuts & Bolts: American Bankers and American Reliable are offering a new Excess Flood Insurance Program. It provides coverage in excess of NFIP building and contents limits. Written in all zones and both commercial and residential risks are covered. It typically follows form of the NFIP; however, Replacement Cost on non-primary residences is also provided. If an agent does not have an E&S license or does not want to do the filings et al, they will be connected to one of the companies’ brokers.
Dollars: $2.5MM over the NFIP building limits and $500,000 over the NFIP contents limits
States Available: Available in 38 states on an E&S basis, including Florida, California, Texas, Louisiana, Hawaii, Washington, Oregon, Pennsylvania, and New Jersey.
Contact: Bruce A. Bender, (800) 535-1333
Topics Excess Surplus Flood
Was this article valuable?
Here are more articles you may enjoy.
Zurich to Buy AIG’s Travel Insurance Business for $600 Million 
US Roof Maintenance Lags: Hanover 
US P/C Insurers Post Best Q1 Underwriting Result In 17 Years 
US Home Insurance Still Priced Too Low for Climate Risk, Says Swiss Re Chair From This Issue
