Assurant Primary Flood Insurance is the National Flood Insurance Program (NFIP) alternative that offers simplicity and peace of mind. Assurant is one of the largest providers for NFIP coverage and we believe that homeowners should have the option to choose the coverage that is right for their family because flood coverage is not always “one size fits all.” With coverages higher than the NFIP and some other private flood providers, your customer can obtain solid coverage at
a reasonable price. Assurant also provides dedicated claims management so they can be confident they are working with a company that is committed to delivering high quality flood solutions now and for the long term.
In the table below, we’ve highlighted some key differences between FEMA NFIP insurance and Assurant’s Primary Flood Insurance:
| Assurant Primary Flood Insurance | FEMA NFIP Flood Insurance | ||
|---|---|---|---|
| ELIGIBILITY | Eligible Flood Zones: | A and V zones | A and V zones |
| TYPES OF DWELLINGS | Single family homes and 2 to 4 family homes Primary and Secondary with replacement cost coverage |
Single family homes and 2 to 4 family homes Primary homes with replacement cost coverage, Secondary homes on actual cash value basis |
|
| COVERAGES | Building Limit: Contents Limit: Food Spoilage: |
$800,000 $250,000 $500 |
$250,000 $100,000 Available under certain conditions |
| APPLICATION PROCESSAND PRICING | Waiting Period: Number of Questions: Eligibility Determination: Surcharges: |
14 days 20 After 5 questions None |
30 days more than 50 After completion of full application Yes. All FEMA NFIP surcharges apply |