USI’s FloodSafe Program can provide coverage for flood in most areas with up to $5 million in limits.
Maximum Limit Available

Maximum limits are $500,000 for Building and $500,000 for Contents.

Maximum limits are $5,000,000 (Building, Contents, and Business Income combined).

Reduced uncovered losses and out-of-pocket claims expenses by up to $4 million.

NFIP Rate Increases

Being a government program, the National Flood Insurance Program (NFIP) must accept a massive pool of risks (good and bad). As a result, it has constant rating increases due to multiple large losses. 

As a private program, USI’s FloodSafe can manage the risk profiles accepted into the program (good risks), which allows us to provide stable premium over long periods of time.

Premium saving up to 20% for the same limits. The insured can also properly budget their flood insurance premium for following years.

Business Income Coverage

Business Income Coverage is not available on NFIP placements.

Being a private program, we are able to cover Business Income losses which result from a direct loss from flooding up to 50% of the building limit insured.

Eliminate loss of income exposure due to flood up to $2 million.

  • Can reduce limits required by lenders resulting in premium savings
  • Ability to combine multiple locations on a single policy
  • Coverage is guaranteed to be as broad or broader than NFIP coverage

USI’s experienced underwriting team works with your team directly to evaluate the flood risk and consolidate multiple policies when needed. Additionally, our underwriting team reviews lender requirements to ensure all requirements are met avoiding force-placed coverage, and assigned team members are here to assist with any program specific questions, policies, and procedures.

Wherever it rains, floods are possible. More than 20% of flood claims come from properties outside of a high-risk flood zone. Just one inch of water can cause upwards of $25,000 of damage.

As of 2019, lenders must accept private flood policies such as FloodSafe that satisfy the statutory definition of “private flood insurance.”