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Flood Insurance Fundamentals: Part 8
Flood Insurance Fundamentals: Part 8 The Last Hurrah! Flood Insurance Fundamentals: Part 8 is the unexpected continuation of the “flood of information” we received in Part 7 of this comprehensive series on NFIP Flood Insurance In this Final part, and I really mean it this time, we will cover the weighty but important subject of…
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Flood Insurance Fundamentals: Part 7
Flood Insurance Fundamentals: Part 7 We’re on the Home Stretch! Flood Insurance Fundamentals: Part 7 is designed to build on a strong foundation for understanding your NFIP Flood Insurance policy We will illustrate the concepts by revisiting our case study that was introduced in Part 3. Let’s do that now! Case Study New Update! Our…
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Flood Insurance Fundamentals: Part 6
Flood Insurance Fundamentals: Part 6 Operation: Discounts Everybody loves a good discount and in Flood Insurance Fundamentals: Part 6, that is what we are talking about! Discounts happen to be the third step in determining NFIP flood insurance rates: Other Policy Writing and Rating Considerations The Newly Mapped Discount Like Magic The discount applies to…
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Flood Insurance Fundamentals: Part 4
Flood Insurance Fundamentals: Part 4 Here We Go Again! In Flood Insurance Fundamentals: Part 4, we build on the case study from Part 3 to explore the second step in determining the couple’s flood insurance rates This article briefly revisits the Cost to Rebuild and then focuses on the fourth component of the NFIP’s Risk…
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Flood Insurance Fundamentals: Part 3
Case Study Consider This Flood Insurance Fundamentals: Part 3 uses a case study to illustrate important elements of the NFIP flood insurance coverage So far, we’ve covered the fundamentals of flood insurance, including the SFIP’s purpose, FIRMs, SFHAs, NFIP coverage, and pivotal legislative reforms If you want to revisit these concepts, check out Part 1…
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Flood Insurance Fundamentals: Part 1
The Standard Flood Insurance Policy A Model of Consistency Flood Insurance Fundamentals: Part 1 starts with understanding that the Standard Flood Insurance Policy (SFIP) is a single peril insurance policy available to property owners in participating communities to purchase flood insurance as protection against flood losses What is a Flood? The Standard Flood Insurance Policy…
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Insurance Advisors in Miles City