Flood
London Underwriters offers Residential Flood programs available through NFIP, Neptune Flood and Dual. Our programs offer both primary and excess flood coverage.
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Non-Admitted
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Private Flood Program
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Programs Available: Neptune Flood, Dual, and NFIP
Neptune Flood Guidelines
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Coverage A - Building: Up to $2,000,000 -
Coverage B - Personal Property: Up to $500,000 -
Coverage F - Basement Contents: 75% of limit, up to $10k -
Coverage G - Pool Repair and Refill: Up to $10,000 -
Coverage H - Unattached Structures: Up to $50,000 -
Coverage I - Temporary Living Expense: 75% of limit, up to $10k
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Deductibles: $1,000 - $50,000 -
Minimum Premiums: -
Homes $350 -
Condos and Tenant $250
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1-4 family dwellings, including condos for unit owners -
Any occupancy, including seasonal, secondary and vacant -
States: AL, AZ, CA, CO, CT, DE, FL, GA, HI, IA, IN, KS, MA, MD, ME, MI, MN, MO, MS, NC, NE, NH, NJ, NM, NV, OH, OK, OR, PA, RI, SC, TN, TX, VA, WA, WI, WV
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Properties with >1 loss OR 1 loss > $25k -
Manufactured or Mobile Homes -
A building located entirely in, on, or over water -
Grandfathered or CBRA properties
Dual Guidelines: NFIP Program
- Carrier A.M. Best Rating: “A”
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Excess Flood -
Private Primary Flood -
NFIP
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Residential Buildings -
Contents -
Loss of Income (Loss of Rents)
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Residential: $250,000
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Residential: $100,000
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Range $1,250 to $25,000
Dual Guidelines: Primary Flood Program
You can submit risks for dual for one of our Underwriters to assist you.
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Carrier A.M. Best Rating: “A” -
Excess Flood -
Private Primary Flood
Limits of Liability:
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Building & Contents: $5M combined on any one building
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Primary & Secondary Residential
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$2,000 per occurrence for Buildings -
$2,000 per occurrence for Contents
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No waiting period in respect to loan closing -
7 day waiting period for coastal (Tier 1& 2) risks -
14 day waiting period for inland risks
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Competitive against NFIP pricing -
Replacement Cost coverage for building & contents -
No Elevation Certificate (EC) is required but some locations may require EC to bind coverage -
Ability to schedule multiple locations into one policy -
Loss of income/loss of rents coverage -
Improvements & Betterments additional limits -
Policy wording meets lender compliance
Dual Guidelines: Excess Flood Program
- Carrier A.M. Best Rating: “A”
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Excess Flood -
Private Primary Flood
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$20 Million Condo Building -
$10 Million Earthquake When Purchased with Excess Flood
Submit A Quote
Downloadable Documents
How to Sell Flood
Neptune vs. NFIP
Neptune Appetite Guide