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Updates on October 2017 NFIP Changes

Effective October 1, 2017, the Federal Policy Fee for Tenants Contents-Only NFIP flood policies is $25.
October 24, 2017

Effective October 1, 2017, the Federal Policy Fee for Tenants Contents-Only NFIP flood policies is $25. Letters are being mailed to agents requesting that they affirm the policyholder is a tenant. Agents must return the letter to the Flood Processing Center within 15 days of receipt. Failure to return the letter will result in the fee defaulting to the higher $50 fee.

As part of PIA’s ongoing partnership with The Hartford’s flood insurance program, we are proud to provide PIA members with the latest Flood Agent eNewsletter, produced by The Hartford for its flood insurance agents. This month’s contents address the October 2017 NFIP changes, the NFIP flood claims process, marketing resources for FloodPro, and new customizable Hartford renewal postcards to send to your clients.

In addition to The Hartford’s eNewsletters, PIA members visiting PIA’s Flood Insurance Marketing Support Center can download flyers to help their personal lines and commercial lines clients prepare for floods, deal with the aftermath of flooding, and prepare for a visit by an adjuster.

PIA thanks The Hartford for making these excellent materials available to all PIA members, regardless of their participation in PIA’s flood insurance program with The Hartford.

PIA members who want to earn great flood insurance commissions while working with a top-flight Write-Your-Own flood insurance company should consider the PIA/Hartford flood insurance program. To learn more visit www.pianet.com/hartfordfloodinsurance or contact Joseph M. Surowiecki, Jr. of The Hartford at 860-547-5006 or joseph.surowiecki@thehartford.com.

 

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