Severe weather is unpredictable and often strikes without warning. About 90 percent of all U.S. natural disasters involve flooding, according to the National Flood Insurance Program (NFIP), administered by the Federal Emergency Management Agency (FEMA). Floods cause billions of dollars in losses each year. We understand the effects of rising loss trends involving flood damage to homes, businesses and infrastructure.
Amwins helps your insureds plan for flood catastrophes by providing appropriate amounts of coverage, transferring financial risk, and preparing for recovery. We help keep your clients high and dry, preparing for their future whatever comes their way.
Studies estimate economic damage due to flooding will grow by 61% over the next 30 years to a total loss of $32.3B.