Neptune Flood Guidelines

---

Our appointed agents have the ability to quote and bind directly online via Neptune Flood. Below are some of the underwriting & eligibility guidelines for your review:

• 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

Deductibles

• Deductibles: $1,000 - $50,000
• Minimum Premiums:
  • Homes $350
  • Condos and Tenant $250

Property Eligibility

• 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

Ineligible Risks

• 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”
• Excess Flood
• Private Primary Flood
• NFIP

Coverage Available:

• Residential Buildings
• Contents
• Loss of Income (Loss of Rents)

Limits of Liability

• Residential: $250,000

Contents

• Residential: $100,000

Deductibles:

• 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. Dual's Flood Program is specifically designed for Residential Properties. Their programs include: NFIP, Private Primary Flood and Excess Flood.

• Carrier A.M. Best Rating: “A”
• Excess Flood
• Private Primary Flood

Limits of Liability:

• Building & Contents: $5M combined on any one building

Eligible Properties:

• Primary & Secondary Residential

Minimum Deductible:

• $2,000 per occurrence for Buildings
• $2,000 per occurrence for Contents

Waiting Period:

• 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

Program Benefits:

• 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”
• Excess Flood
• Private Primary Flood

Limits Available/Per Occurrence: $20 Million Over All Interest Per Risk. Additional Limits Available Upon Request (Building, Contents, Loss of Income)

• $20 Million Condo Building
• $10 Million Earthquake When Purchased with Excess Flood

---

Dual Guidelines: NFIP Program

---

You can submit risks for Dual for one of our Underwriters to assist you. Dual's Flood Program is specifically designed for Commercial and Commercial Real Estate Buildings. Their programs include: NFIP, Private Primary Flood and Excess Flood.

• Carrier A.M. Best Rating: “A”
• Excess Flood
• Private Primary Flood
• NFIP

Coverage Available:

• Buildings (Commercial & Condominiums)
• Contents (Business Contents)
• Loss of Income (Net Business Income or Loss of Rents)

Limits of Liability:

• Commercial: $500,000
• Condominium: $250,000 x No. of Units

Contents:

• Commercial: $500,000

Deductibles:

• 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. Dual's Flood Program is specifically designed for Commercial and Commercial Real Estate Buildings. Their programs include: NFIP, Private Primary Flood and Excess Flood.

• Carrier A.M. Best Rating: “A”
• Excess Flood
• Private Primary Flood

Limits of Liability:

• Building & Contents: $5M combined on any one building
• Business Income: $2,500,000

Eligible Properties:

• Commercial Properties
• Apartments
• Multi-Family Condominiums

Minimum Deductible:

• $2,000 per occurrence for Buildings
• $2,000 per occurrence for Contents

Waiting Period:

• 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

Program Benefits:

• 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

---

You can submit risks for dual for one of our Underwriters to assist you. Dual's Flood Program is specifically designed for Commercial and Commercial Real Estate Buildings. Their programs include: NFIP, Private Primary Flood and Excess Flood.

• Carrier A.M. Best Rating: “A”
• Excess Flood
• Private Primary Flood

Limits Available/Per Occurrence:

• $20 Million Over All Interest Per Risk
• Additional Limits Available Upon Request

Building, Contents, Loss of Income:

• $20 Million Condo Building
• $10 Million Earthquake When Purchased with Excess Flood

---

Neptune Flood Guidelines: Commercial Flood

---

BuildingCoverage: $2,000,000 Contents Coverage: $500,000 Additional Coverage: Yes! Business Interruption up to $25,000 Elevation Certificate (EC): No Waiting Period: No wait on realestate closingotherwise 10 days. Download Guideliness

---