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re: Need some advice on flood insurance

Posted on 4/25/16 at 10:45 pm to
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75333 posts
Posted on 4/25/16 at 10:45 pm to
quote:

Everything's NFIP


Not true. There's a private market flood product.
Posted by wickowick
Head of Island
Member since Dec 2006
45838 posts
Posted on 4/26/16 at 7:15 am to
quote:

Not true. There's a private market flood product.


It was my understanding that this is correct, but it is a specialised product that is sold to higher end consumers.
Posted by Shadowlink
The Shadows
Member since Apr 2014
1434 posts
Posted on 4/26/16 at 7:21 am to
quote:

Not true. There's a private market flood product.

you're right. Totally forgot about it in all honesty. You have a private market, but it's not that common. Then you have a product for excess flood when your needs exceed the government maximum of 250k 100k.
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