WHAT WE OFFER OUR FLOOD INSURANCE PRODUCERS
RESPONSIVE, LIVE CUSTOMER SERVICE
Our amazing Customer Service Reps will help answer any questions you might have about flood zones, obtaining a quote, or anything else you might need.
EARN 15% COMMISSION
We offer 15% commission on all new flood insurance policies, and 12.5% on renewals.
We also offer 10% commission on all earthquake policies, new and renewals.
INSURANCE YOU CAN TRUST
AM Best rating of no less than "Excellent" (A or A-). Financial size VII or higher.
EASY SIGN UP PROCESS
100% Online Sign Up Process.
Bulk uploading available for large groups. No volume commitment required.
BROADER COVERAGE
Give your clients broader flood coverage than the NFIP. Scroll down to see the comparison.
BILLIONS OF CAPACITY
Billions of dollars in capacity available, billions of dollars in force.
ONE APP SURVEYS MANY MARKETS
Insulate your book of business from being damaged by offering more than just the NFIP. Don’t lose homeowners and auto accounts because your flood offering is too expensive.
AVAILABLE NATIONWIDE*
*Writing in all states except in
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Kentucky (for flood or earthquake)
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Louisiana (for flood)
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California (for earthquake)
Step 1
Tell us about the property
Enter the address and tell us some basic information about the building
Step 2
Make your policy selections
Choose your perils, coverages and deductibles.
Step 3
Submit your application to underwriting
95% of Flood apps (60% Quake) are underwritten instantly! The rest will be reviewed by an underwriter, typically in 1 business day.
Step 4
Pay and issue the policy online
Approved applications can be paid for by you or the client and will be issued online!
QUOTE AND ISSUE PROCESS
your clients deserve the best
Let us make a difference in your life.
“I am thankful for how the ease of doing business with Poulton has increased over the years since I began offering your policies. I have seen a remarkable increase in the quality of communication, the timeliness of responses to inquires, and what seems like an improvement in problem-solving and coming up with solutions that benefit our clients first whenever it's possible. I want to thank you all as a team for working hard to improve our office's experience with you. Our clients have no idea about all the things that we have to do behind closed doors to make things easy for them. When we have such a load to handle to make that happen, the trust in and dependence we have on our business partners is really a big deal.
So once again, thank you for your work in working with us to serve your clients well.”
-Tim
WHY CHOOSE AN NCIP FLOOD INSURANCE POLICY
For many years, Americans had just one choice when it came to flood insurance: the government’s nationalized flood insurance program known as the National Flood Insurance Program (NFIP). Now you can get access to broader coverage at a lower price from the Natural Catastrophe Insurance Program (NCIP) at CATcoverage.com.
Most floods are over before property owners can prepare for them and most homeowners insurance doesn’t cover flooding.
The maximum limit of homeowners flood insurance available from the government is $250K and more than two properties or two acres of land must be inundated for the government to recognize an event as covered.
A small payment now could save your client tens of thousands of dollars in the event of a flood.
VS.
NATIONAL FLOOD
INSURANCE PROGRAM
FEATURES | NCIP | NFIP | COMMENTS |
|---|---|---|---|
Compliant with State Insurance Law | ✓ | NFIP - Can ignore state consumer protection statutes. Self-regulated under federal statutes. | |
Covers Commercial Property | ✓ | ✓ | |
Additional Living Expense Available | ✓ | Temporary coverage for housing, meals, etc. | |
Basement Contents Coverage Available | ✓ | NCIP - Up to certain maximums. | |
Replacement Cost on Dwelling Available | ✓ | ✓ | NFIP - Only under certain conditions. |
Replacement Cost on Contents Available | ✓ | NCIP - "Old for New" | |
Limits up to $5,000,000 | ✓ | NFIP - Only $250,000 Residential and $500,000 Commercial. | |
Stop Loss Limit up to $5,000,000 Available | ✓ | NCIP - Allows risks between $5,000,000 and $20,000,000 in values to receive a $5,000,000 limit with no coinsurance penalty. | |
Earthquake Coverage Available | ✓ | ||
15-Day Waiting Period for Flood | ✓ | NFIP - Requires a 30 day waiting period. | |
Waiting Period Waived at Closings | ✓ | ✓ | Waived for mandatory purchase requirement at loan closings. |
Friction-Free Property Closings | ✓ | Automatic retroactive coverage at no charge for up to 14 days. (personal lines only) | |
Broad Definition of Flood | ✓ | NFIP - Requires inundation of at least 2 acres or 2 structures to trigger coverage. NCIP has no such limitation. | |
Rental Property Coverage Available | ✓ | ✓ | |
RCV on Secondary Dwellings Available | ✓ | ||
Decks Covered | ✓ | ||
Multiple Buildings Covered Under One Policy | ✓ | NFIP - You must acquire a separate policy for every structure, often creating unnecessary expense for the consumer. | |
Carports Covered | ✓ |
*Not all policies available through CATcoverage.com use the NCIP policy form.