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Press Release: National Flood Insurance Program Announces Increase to 25%

press-release-logoROCKY POINT, N.Y., May 19, 2016 /PRNewswire/ — Based on information from the National Flood Insurance Program ALL flood insurance POLICIES are subject to new assessments and surcharges. Premiums are expected to increase 9% on average. New York, Nassau & Suffolk homeowners can expect flood insurance rates to continue to rise year over year, with the highest increase of 25% for homes that were substantially damaged by hurricane Sandy. Do you know how your policy or coverage will be affected?

“Understanding the complexity of recent flood insurance rate changes while considering the policyholders specific needs is where choosing Coastal insurance becomes the natural choice,” says David W. Clausen, CEO of Coastal Insurance Solutions onLong Island, NY. “With a rising rate environment it is imperative that policyholders seek the expertise of a flood insurance professional. The BEST insurance agents offer mitigation advice to their clients before their premiums become unaffordable. Many agents can write flood policies,” continues Clausen, “but not all are EXPERTS on the product.” Knowledge is Power and choosing an agent that continually updates their education in the industry keeps Coastal insurance ahead of the wave.

NFIP Changes

Coastal Insurance Solutions specializes in homeowner and flood insurances on Long Island and in New York State. They represent numerous A+ A.M. BEST rated insurance carriers in NY, NJ, CT & FL.

Let them review your insurance policy for free advice.

For More information:

Coastal Insurance Solutions
333 Route 25A Suite 150
Rocky Point, NY 11778
Phone: 631-782-3175
David Clausen /CEO

https://coastalinsurancesolution.com

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Welcome to the Coastal Insurance Video Library. Here you will find helpful video’s explaining everything from, how to save money on Homeowners Insurance to an easy explanation of Flood Insurance. Call today (631-782-3175) to speak with one of our underwriting experts.  Fast Quotes, A.M. Best Rates & Free Advice.

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About the Author

David W. Clausen is the CEO of Coastal Insurance Solutions. With over 20 years' experience and over 1 billion insured, David and Coastal Insurance Solutions are the recognized leaders in high net worth insurance. For the fifth consecutive year, David Clausen has been awarded Top Producer by Insurance Business America. David is a trusted high net worth insurance expert who’s published more than 200 articles. His articles & press releases have generated over 500K pageviews and has been featured on blogs such as Google News, Yahoo Finance, CNBC, Market Watch, Fox, The New York Times, etc. David founded Coastal Insurance Solutions in 2001 after earning a BBA from the State University of New York College at Oswego.

IBA's Top Retail Broker 2023
Digital badge for the 2023 Insurance Agents of the Year Award, featuring intricate design elements that symbolize excellence and achievement in the insurance industry.
IBA's Top Retail Broker 2023
Digital badge for the 2023 Insurance Agents of the Year Award, featuring intricate design elements that symbolize excellence and achievement in the insurance industry.

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