How does Neptune Residential Flood Insurance work? However, with their specialized focus on residential flood insurance policies, they are experts at providing tailored solutions that meet each homeowner’s needs. It’s important to note that Neptune does not cover all types of water-related damages – it specifically covers losses due to “flood” events defined under the National Flood Insurance Program (NFIP). This includes repairs to flooring, walls, and electrical systems damaged by floods as well as compensation for any lost or damaged furniture or appliances. Neptune offers comprehensive coverage for both structural damage and personal belongings within your home. If you live in an area prone to flooding or near a body of water, it’s important to have adequate flood insurance coverage. Traditional homeowner’s insurance policies typically do not cover flood damage, so having Neptune Residential Flood Insurance can provide peace of mind and protection for your property.įloods can occur from natural disasters such as hurricanes, heavy rainfall, or even melting snow. Neptune Residential Flood Insurance is a specialized insurance policy that provides coverage for homeowners in the event of flood damage. ET at 1-88 and via live chat in the Attune Portal or the Help Center.What is Neptune Residential Flood Insurance? If you have any questions or an urgent request, you can contact our team Monday through Friday from 9 a.m. Learn moreīroker WebinarIf Flood Insurance is new to you or you wish to know how you can access it through Attune, register here for our Webinar we would be hosting with Neptune Flood on Thursday, Dec 16 at 1p.m. A lot of people turn to the NFIP (National Flood Insurance Program), but with Neptune Flood Insurance you can get higher limits, additional coverage options, save money with no requirement for the expensive elevation certificate, and save time with a shorter waiting period. BOP or property insurance does not cover flood damage, so you must buy a separate flood policy. Available in every state but Alaska and Kentuckyįlooding is the most frequently occurring natural disaster in the US and your client’s business needs protection.Building square footage A & X Zones: No minimum or maximum square footage V Zone: No minimum, maximum 25,000 square feet Note: based on entire building square footage, not only the occupied or leased / rented space.Unlike an NFIP policy, Neptune covers tenant improvement and betterments with no sub-limit.Option to add $25,000 in Business Interruption insurance.Building Coverage up to $4,000,000 and Contents Coverage up to $500,000.Further, Neptune doesn’t require agents to have certification/education requirements to sell Neptune like the NFIP does. All carriers are rated “A” (Excellent) or better by A.M. They use a number of carriers to place risk. Neptune is backed by some of the largest insurance markets in the world and offers a leak-proof flood product with high limits and additional coverage. They can offer flood coverage to almost any business in minutes and without the need for an elevation certificate (EC). Neptune Flood is a private digital flood MGA that aims to make getting a flood quote easier, less expensive, and to offer better coverage than the National Flood Insurance Program (NFIP) under FEMA. Neptune uses AI-driven technology to make it fast and easy for consumers to buy, and agents to sell, insurance. It is the largest entirely digital flood insurance company in the United States and is the alternative to the NFIP and were founded to change the way consumers and businesses think about and buy flood insurance. Just like Attune, Neptune Flood has leveraged both its technology and insurance expertise to create an innovative flood insurance product. Attune’s focus is always the Brokers, and we want to provide you with access to a full suite of products and digital tools that simplify the full lifecycle of insurance. Why this Partnership?īecause we listen to you. As Flood coverage becomes all the more important for our small businesses we are glad to be of assistance. It gives us immense joy to share with you that in collaboration with Neptune Flood we now offer Flood Insurance on our Attune portal.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |