Flood Facility

Flood Facility
0 19 October 2016

NEW PRIMARY FLOOD INSURANCE PROGRAM
Available limits:
$500,000 per occurrence building coverage.
$500,000 per occurrence contents coverage.
$500,000 per occurrence business income/rental value (incl. extra expense).

Eligible properties:
Residential, commercial, and condominium buildings.

Coverage available:
1) Buildings and contents coverage mirrors the NFIP form and is lender compliant.
2) Business income/rental value (incl. extra expense) extension is available when required.

Minimum Deductibles:
$2,000 per occurrence primary building coverage.
$2,000 per occurrence primary contents coverage.
Lloyd’s and company market capacity available.

NEW EXCESS FLOOD INSURANCE PROGRAM

Available limits:
$50,000,000 per occurrence, per risk.

Eligible properties:
Residential, commercial, and condominium buildings.

Coverage available:
1) Excess coverage follows the underlying NFIP form in respect of property coverage, but can be tailored where the NFIP is not in place.
2) Business income/rental value (incl. extra expense) extension is available when required.

Minimum Deductibles:
Where NFIP is available we will attach above maximum limits available under the NFIP program, in respect of building and contents coverage.
Where NFIP is not available we will attach excess of the primary program limits in respect of building and contents coverage.

EARTHQUAKE INSURANCE PROGRAM

Non-critical Earthquake coverage available. Earthquake coverage can be purchased stand alone or included as an addition to Flood.
Limits up to $30,000,000 per occurrence.

Email all submissions to: submissions@interstate-insurance.com
Jeffrey R. McDonough ARM
Maryland Operations Manager
T: 800-759-7779 | F: 814.255.6010
jeffm@interstate-insurance.com