- My Forums
- Tiger Rant
- LSU Score Board
- LSU Recruiting
- SEC Rant
- SEC Score Board
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Anyone use Private Flood Insurance, eg Neptune Flood Insurance?
Posted on 2/24/22 at 9:16 am to TigersnJeeps
Posted on 2/24/22 at 9:16 am to TigersnJeeps
What company did you end up going with if you don't mind me asking? We are looking to buy a house in Cali and we've gotten many quotes from several.
2
Posted on 2/24/22 at 12:33 pm to gijen3
Neptune Flood
Posted on 2/25/22 at 10:20 am to gijen3
Update:
After reviewing the materials and further investigation, we decided to remain with NFIP.
Two main reasons -
1) If we drop NFIP and return at a later date, we get hammered with new rates. Our agent said that if we were a new NFIP customer, our premium would be ~$2000 vs the ~$650 we are paying now. We didn't want to risk losing the private and then having to return to NFIP and getting hammered.
2) Private flood insurance is not backed up by the Feds so if Neptune (rated "A" by AM BEST) failed, we could be left holding the bag.
Based on these 2 factors, we decided to stay with NFIP.
Your decision may differ.
After reviewing the materials and further investigation, we decided to remain with NFIP.
Two main reasons -
1) If we drop NFIP and return at a later date, we get hammered with new rates. Our agent said that if we were a new NFIP customer, our premium would be ~$2000 vs the ~$650 we are paying now. We didn't want to risk losing the private and then having to return to NFIP and getting hammered.
2) Private flood insurance is not backed up by the Feds so if Neptune (rated "A" by AM BEST) failed, we could be left holding the bag.
Based on these 2 factors, we decided to stay with NFIP.
Your decision may differ.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News