Offsetting rising flood insurance costs after record storm season
The 2020 Atlantic hurricane season came to a close on November 30 after breaking the record (previously held by 2005) for the most named storms. The National Oceanic and Atmospheric Administration (NOAA)’s prediction of an above-normal season came true, with 2020 producing 30 named storms, of which 13 became hurricanes, including six major hurricanes with top winds of 111mph or greater.
Neptune Flood Coverage Now Available Nationwide; New Policy System Released
Neptune Flood has expanded its residential products to five more states – Montana, South Dakota, Utah, Vermont, Wyoming, and Washington, D.C., completing the company’s nationwide rollout of all residential, commercial and RCBAP flood insurance products.
6 Tips for Taking the Flood Insurance Risk Out of Home Closings
Flood risk is both a hidden peril and a great opportunity for the real estate industry to better protect their customers and communities as it can hinder real estate transactions and closings in many ways.
Neptune Flood expands products to remaining five US states
Neptune Flood, an insurtech firm focused on the flood market, has expanded its residential products to the remaining five additional states, Montana, South Dakota, Utah, Vermont, Wyoming, and Washington, DC.
The Federal Housing Administration (FHA) has proposed a rule that would allow home financing lenders to accept private flood insurance policies as an alternative to the National Flood Insurance Program (NFIP).
How do you get people to buy a product they don’t want?
How do you get people to buy a product that they don’t want, but they truly need?” That’s the question written on the post-it note that is stuck on to Jim Albert’s computer screen. The product he’s talking about is flood insurance