Flood Insurance News

Agents: How to Avoid Traps of Selling on Price

The standard homeowners policy is increasingly a trap for consumers. Low rates!” “Lower your premiums!” “Compare and save!” Turn on the TV or search the Web on the term “homeowners insurance,” and you’ll be inundated with offers like these. To …

Congress’s inability to act leaves many in flood prone areas vulnerable – for the second time this year and the fourth in 12 months’ time. When it rains it pours, as the saying goes. By extension, one could say that …

Agents: How to Avoid Traps of Selling on Price

The standard homeowners policy is increasingly a trap for consumers. Low rates!” “Lower your premiums!” “Compare and save!” Turn on the TV or search the Web on the term “homeowners insurance,” and you’ll be inundated with offers like these. To …

Declarations

Reauthorization Needed “Congress needs to pass a long-term extension because homeowners living in flood prone regions of the country don’t have anywhere to turn should another major flood occur during this Congressional recess.” —Blain Rethmeier, spokesman for the American Insurance …

Flood Insurance Rates Cut for Properties Affected By Remapping

Property owners fearing they may be forced to buy expensive flood insurance under a push to draw up new floodplain maps will catch a break by being offered the coverage at sharply lower rates for two years, according to a …

Tennessee Agents Warned on Flood Insurance E&O Exposure

Some Tennessee homeowners have been surprised to learn their policies won’t pay for flood damage and an attorney and lobbyist is warning insurance agents not to admit to any wrongdoing if clients confront them about the problem. “Very important: DO …

Agents: How to Avoid Traps of Selling on Price

The standard homeowners policy is increasingly a trap for consumers. Low rates!” “Lower your premiums!” “Compare and save!” Turn on the TV or search the Web on the term “homeowners insurance,” and you’ll be inundated with offers like these. To …

Declarations

Reauthorization Needed “Congress needs to pass a long-term extension because homeowners living in flood prone regions of the country don’t have anywhere to turn should another major flood occur during this Congressional recess.” —Blain Rethmeier, spokesman for the American Insurance …

Agents: How to Avoid Traps of Selling on Price

The standard homeowners policy is increasingly a trap for consumers. Low rates!” “Lower your premiums!” “Compare and save!” Turn on the TV or search the Web on the term “homeowners insurance,” and you’ll be inundated with offers like these. To …

Congress’s inability to act leaves many in flood prone areas vulnerable – for the second time this year and the fourth in 12 months’ time. When it rains it pours, as the saying goes. By extension, one could say that …