Unlock Comprehensive Flood Insurance Solutions with AFR: Your Trusted Partner
Tap into multiple private flood insurance markets and the NFIP to provide your clients with fast, no-hassle quotes with AFR Insurance Services.
Private Commercial Flood Insurance
- Expanded Coverage: Private flood insurance provides increased coverage limits, including coverage for business interruption, rental value income, and improvements & betterments.
- Customized Policies: AFR can tailor flood insurance to specific needs, with flexible deductibles, replacement cost coverage options, and endorsements for additional coverages.
- Competitive Pricing: Private flood insurance providers offer competitive pricing and discounts, potentially resulting in lower premiums.
- Excess Flood Coverage: Excess flood insurance supplements primary coverage limits, bridging the gap for properties requiring higher limits for comprehensive protection.
National Flood Insurance Program (NFIP)
The National Flood Insurance Program (NFIP) is administered by the federal government, which sets all rates and coverage guidelines. With the introduction of Risk Rating 2.0, flood insurance premiums are now based on more individualized risk factors, resulting in fairer and more accurate pricing.
NFIP Coverage Limits for Commercial Properties:
- Building Coverage: Up to $500,000 for the structure and permanently affixed components
- Contents Coverage: Up to $500,000 for business personal property, including furniture, fixtures, equipment, machinery, and inventory
Get appointed today to start saving time and money while providing better service to your clients when you write your commercial flood insurance through AFR.