You are here:HomeIssuesFlood Insurance2013Now Is the Time to Have the “Flood Talk” with Your Clients

Now Is the Time to Have the “Flood Talk” with Your Clients

Predictions from the National Oceanic Atmospheric Administration (NOAA) for an active Atlantic hurricane season — coupled with the intensity of recent hurricane seasons — emphasize the need to speak soon with clients about the importance of flood insurance...
October 3, 2013

Predictions from the National Oceanic Atmospheric Administration (NOAA) for an active Atlantic hurricane season — coupled with the intensity of recent hurricane seasons — emphasize the need to speak soon with clients about the importance of flood insurance. Agents have a responsibility to tell their clients that flood insurance can help them financially recover from a flood. Many homeowners still remember the destruction from Hurricane Irene in 2011 and from Sandy this past October. Reminding agency customers about the potential effects of these devastating storms provides context for having the “flood talk.”

When agency staff is speaking with insurance prospects and current customers, it is wise to remind them — even those that do not live near the water — that property insurance policies do not cover damage from flooding events. Please also share that much of the severe flooding during hurricane season occurs inland when the remnants of a hurricane or tropical storm travel beyond the coastline, stall and dump several inches of rain in heavy, long-standing downpours. It’s important to let your customers know that flood insurance is available through the federal government’s National Flood Insurance Program (NFIP) insurance, which provides a desirable level of financial protection that they should consider. Typically, there’s a 30-day waiting period before an NFIP policy takes effect, so remind your customers that if they wait until a hurricane or tropical storm is on its way, it most likely will be too late.

Visit Agents.FloodSmart.gov to access tools and resources to assist you in having the flood talk with your clients. Use FloodSmart’s Flood Risk Scenarios tool to demonstrate how heavy rains from tropical storms or hurricanes can cause flooding. Sign up for the Agent Referral Program to receive free qualified leads.

Keep up to date on flood insurance: http://www.pianet.com/issues-of-focus/flood

Filed under: