Learning Objectives
- Describe the extent of flood exclusions found in standardized NFIP Flood policies
- Explain why many property owners fail to purchase flood insurance
- List the basic policies and coverages offered by the NFIP
- Summarize the limitations of NFIP policies
- Discuss the barriers that have long prevented many private insurers from providing primary flood insurance coverage
- Discuss the flood insurance options available in the private market
- List the various advantages and disadvantages of private market solutions over NFIP coverage
Designed For:
Property and casualty insurance agents, brokers, adjusters, and claims professionals at any level in their career.