Who underwrites Neptune flood?
Neptune Flood is a private flood market backed by a roster of underwriters including AXA, Lloyds of London, and Transverse and is an alternative to the government's National Flood Insurance Program. Neptune Flood's residential and commercial flood products are available nationwide.
Is Neptune flood private?
Neptune has truly designed the market's best private market RCBAP flood insurance policy as they've taken the time to design a policy that not only offers broader coverages than the NFIP, but is also accepted by lenders with ease.”
Is there private flood insurance in Florida?
Florida currently has nearly 83,000 private flood insurance policies as of September 2019, according to the Florida Office of Insurance Regulation. As recently as 2015, there were fewer than 1,000 policies.
Is Lloyd's of London a private flood insurance?
Lloyds of London Flood Insurance differs from the NFIP in that it is a private insurance product, and can often times provide a more competitive rate. If you aren't familar with Lloyds, it's the oldest insurer in the world, which has been around since the year 1686.