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NFIP Flood Risk Rating 2.0 – What it Means for You
4 min read. September, 29, 2021 – by David Clausen Although several new private market flood insurers have entered the market in recent years, FEMA’s National Flood Insurance Program (NFIP) still serves as the base policy for most homes insured for flooding. The...
High-Value Home Insurance: PURE Insurance vs. Vault
Hundreds of insurers compete for the U.S. home insurance market, but a select group of providers specializes in the high-value market catering to high-net-worth households. Off-the-shelf products from broad-market insurers can miss key risks for affluent families....
Cybersecurity for High-Net-Worth Individuals
When we think of insurance and protection against risks specific to high-net-worth individuals, we tend to think of property insurance or liability insurance. But cyber risks are a growing threat, and high net worth individuals make increasingly attractive targets for...
Looking to Safeguard Your Long Island Home? Coastal Insurance Can Find The Best Policy For You
When it comes to living on an island, the possibility of flooding is an everyday fact of life. That being said, having adequate coverage – especially if you live along Long Island’s many shore-based communities – is vital. But having any old policy just isn’t enough,...
National Flood Insurance Rate Changes for 2021
Flood insurance rates are increasing soon for some homeowners, but there’s still time to act. Many homeowners carry flood insurance through the National Flood Insurance Program (NFIP). But private market insurers now offer an attractive choice when buying flood...
Insurance Tips: How to Make a Home Inventory
About 1 in 20 homes has an insurance claim each year due to damage, theft, or other covered risks according to the Insurance Information Institute. If you have a home insurance claim, creating a home inventory becomes a powerful reference tool that can help expedite...
How Does Coronavirus Affect Your Home Insurance?
How Does Coronavirus Affect Your Home Insurance? With regional flare-ups, new variants of COVID on the rise, and shutdowns keeping many businesses closed, many of us are spending more time at home. You may have wondered how coronavirus affects your insurance coverage,...
Alternative High-Value Home Insurance
Where you live can affect insurability or availability of insurance programs, particularly if you live in an area prone to earthquakes, floods, wildfires, or hurricanes. Prior claims can sometimes affect availability for some insurance programs as well. For example,...
Top Homeowners Insurance Companies in New York for 2021
With mountains, rivers, cities, and beaches, geography in the Empire State is as diverse as New Yorkers themselves. This means needs can vary widely when shopping for homeowners insurance in New York. We selected some of the best NY home insurance companies to help...
5 Best Private Flood Insurance Companies
Flood insurance is often an afterthought, or an option waved off by homeowners when purchasing insurance coverage for their home. However, every year, the National Flood Insurance Program (NFIP) pays nearly 25% of its claims on properties in low risk areas. Nature is...
