Tag Archives: Assurant

100-Year Floods Not So Unlikely – Are Your Clients Covered?

Recent flooding in Houston proves that 100-year floods don’t necessarily come only once every 100 years. In fact, it is possible to have more than one 100-year flood in the same year! For many Texas residents, the risk of damage … Continue reading

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NFIP Changes Effective April 1

In accordance with current flood reform laws, April 1, 2019, NFIP Changes will include: An average premium increase of 7%, An expansion to the primary residence designation, and The addition of a severe repetitive loss premium and a clear communications … Continue reading

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How Will the October 2016 NFIP Changes Impact You and Your Customers?

The NFIP implemented changes to flood program effective October 1, 2016. The changes included: An eligibility extension for PRP to buildings that are in an A99 or AR zone on the effective date of the policy; Additional requirements for reinstatement of … Continue reading

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Are Your Clients Covered for the ‘100-Year Flood?’

Last week Houston had its second deadly flood in less than one year. Events like these are often called “100-year floods,” but the name can be misleading.  This term really describes a flood that has a 1 percent chance of … Continue reading

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