We are pleased to announce the availability of our new Flood Insurance Company, National Specialty Lines. With this program you can quote, write your clients residential and commercial flood policies on-line quickly and easily. If you are already an NSL Producer just login to the Flood site with your NSL login and password. If you are not an NSL producer, click on the New Agent sign up link and follow the easy steps to become an NSL Agent.
If you have any questions regarding the program or would like to discuss our competitive commissions or book rollovers please contact us at NSLflood@NSLB.net or call Janet (Riewold) Bordonaro at 877-681-NSLB (6752) Ext. 303.
The failure to offer flood insurance for both residential and commercial properties remains to be a huge E & O exposure to agents. Floods can happen anytime or anywhere. Even in the same place twice. Floods are the leading natural cause of property damage. Four times more properties are destroyed by flood than by fire, causing over $2 billion in property damage every year.
Approximately 30% of all flood claims occur in low to moderate risk areas. Most homeowner’s and commercial insurance policies do not cover flood damage, but Federal Flood Insurance does. Flood insurance also covers mudflow, dirt and debris resulting from moving water.
Commercial Flood Insurance, is it really an option? Most lenders do not require flood insurance on commercial property policies even those located in Special Flood Hazard Areas (SFHA). 1 in 4 businesses without Flood Insurance that experience a flood loss, never re-open their doors .The loan payments with interest to rebuild can greatly exceed the annual Flood policy premium.
Fortunately, Flood Insurance is affordable, Since flood policies are backed by the US government, all valid claims are 100% guaranteed. Preferred Risks Policies are available for both residential and commercial properties located in B, C or X zones with very special affordable pricing.
There is a 30 day waiting period for flood insurance, so the best way to protect your home or businesses is to act now, before the flood comes! Remember, just because you experience a flood disaster, that doesn't mean your clients have to experience financial ruin.
Now agents have an efficient fast way to quote and write Flood Insurance to protect your clients and protect your E & O. We are proud to be able to offer you our newest program. Watch us as we continue to grow and expand to offer you the best in the industry.
Janet (Riewold) Bordonaro, C.P.I.A.
National Specialty Lines
Vice President of Marketing
877-681-NSLB (6752) Ext. 303
Note: As stated in our "Terms of Service" (TOS) agreement, descriptions of insurance coverage on this web site are for informational purposes only and may not apply, or be included on your policy. Please contact us to confirm coverage provided on your insurance policy or policies your are contemplating purchasing.
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