Insurance Agents Nationwide

1. Do you have clients that disagree with the requirement for flood insurance on their property and feel that it is a waste of money since their property has never flooded?

2. Did you request an elevation certificate from them in order to write their NFIP policy? If not find out why you should have!!

3. Would you like a devoted client for life?

If you have answered yes to any of these...Read on

Your client is required to carry flood insurance because it has been determined that at least a portion of their property is located in a SFHA with a 1% annual chance of flooding. The federal government requires flood insurance on properties located in a SFHA unless the flood zone is changed or clarified by FEMA. In at least  60% of the cases we have reviewed the flood zone determination was wrong and insurance should not be required.

Your client has the right to dispute the flood zone determination and have it changed if it is wrong. Be proactive and get informed. It's your clients money being wasted, and it is their money they will save each year by correcting the flood zone designation.

The average cost for a single family flood insurance policy is $500.00 annually. During the term of a mortgage $20,000.00 can easily be spent on flood insurance premiums when you take into consideration that the amount of premium due will increase each year. 

The fact is that not only are property owners wasting a considerable amount of money, but in addition, properties that have a flood zone designation attached to them are harder to sell and do not bring the full potential value when they are sold. This is due to the flood zone designation and the additional cost associated with owning the property. 

We can help your clients change this...

Since 1986 the professionals at Flood Zone Specialists, Inc. have successfully represented property owners with flood zone changes and saved them millions of dollars in wasted premiums. Our extensive contact network with FEMA and knowledge of the procedures and requirements for a flood zone change enable us to obtain flood zone changes for our clients. Because we carefully assemble and review each case we are able to predetermine the outcome of each case we evaluate. Only those cases that have received our pre approval are submitted to FEMA final review and approval. 100% of our pre approved cases we submit to FEMA for a flood zone change are approved by them.

Are you ready to help your clients??

The fist step is to let the Flood Zone Specialists provide you with a free evaluation of the property and the current flood zone. We have determined that over 60% of the flood zones nationwide are incorrect and can be changed

Once we have reviewed the case file and have determined if the flood zone on the property can be changed we will contact you with our determination. If we have determined that the property can be removed from the flood zone successfully our next step is to petition FEMA for the flood zone change on your clients behalf. Only those cases that we have pre approved are forwarded to FEMA for final review and approval. We maintain a 100% approval rate on the pre approved cases we submit to FEMA. The process takes approximately 4-8 weeks from the date of submission.

If your client would like to close on a loan prior to issuance of the final approval from FEMA they may do so. They will be required to purchase the flood insurance in order to close. However once the final approval is issued by FEMA they are entitled to a full refund of the flood insurance premium for the current year they have already paid for as long as the policy is a  NFIP policy and there has been no claim filed. Or if they choose they can obtain a preferred risk policy with the amount of coverage they would like rather than the full amount of their mortgage. When making their decision regarding their flood insurance policy they should consult with you, their insurance agent, and decide which option is best for them. Either way they save money each year!! 

The end result is our service may not cost anything. Each year forward, your client saves. Also, the value of their property has increased. You can bet they will tell all their friends what a great insurance agent you are. One that actually looked out for their best interest and saved them money!!

What would they do with an extra $20,000.00?


 


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