More than 75% of at-risk single-family homes are outside Special Flood Hazard Areas, and most of these homes are uninsured. Yet according to the National Flood Insurance Program (NFIP), 40% of all flood claims come from these low- to moderate-risk areas. Why does it matter? Because flood damage can result in significant costs to a home’s structure, systems and contents, creating serious financial impact for your client.
This infographic highlights the direct and indirect costs of flood damage, based on a single-family home valued at $300,000.
With Amwins IQ, our online marketplace, agents can access firm, bindable quotes from multiple carriers within minutes. These digital solutions combine the ease and convenience of online quoting with the scale of the nation’s largest wholesaler, plus access to our team of flood experts for hard-to-place risks. We make it easier to deliver the coverage your clients need – efficiently, confidently and in a way that supports the growth of your business.
