Southeast News
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Commissioner Urges Floridians to Buy Flood Insurance
Southeast News • April 30, 2007
Florida Insurance Commissioner Kevin McCarty urged Floridians to purchase flood insurance to protect their homes.
McCarty's warning comes in anticipation of the 2007 hurricane season which ...
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| Subject | Posted By | Posted On |
|---|---|---|
| Flood Insurance | temblor | May 1, 2007, 2:06 pm |
| RE: Flood Insurance | William | May 1, 2007, 5:38 am |
| RE: NFIP Coverage Limits | temblor | Apr 30, 2007, 8:31 pm |
| NFIP Coverage Limits | Someone Who Knows About Flood | Apr 30, 2007, 8:12 pm |
| RE: Flood Insurance | INS | Apr 30, 2007, 5:36 pm |
| Flood Insurance | Temblor | Apr 30, 2007, 3:09 pm |
| RE: RE: What Flood Insurance? | Bongo | Apr 30, 2007, 2:34 pm |
| RE: What Flood Insurance? | Mark | Apr 30, 2007, 1:51 pm |
| What Flood Insurance? | Tom | Apr 30, 2007, 1:06 pm |
| Back to article | ||
Subject: Flood Insurance
Having flood coverage with the homeowner's carrier doesn't solve the problem of pushing liability off to the NFP but it does mean that all damage must be paid for by the one insurer (assuming flood limits are adequate).
Allocation between flood and wind is then an internal function of the insurer, and instead of having to field hundreds or thousands of adjusters of their own, the flood program could just examine claims files for mis-allocation.