Selling Flood Insurance Builds Trust & Business
Whether your client lives near the coast or hundreds of miles inland, they are at risk for flooding. Floods are the nation's #1 natural disaster. Everyone is financially vulnerable to floods. In fact, nearly 25 percent of all National Flood Insurance Program (NFIP) flood claims come from outside mapped high-risk flood areas. Many customers don't remember that most private market property insurance doesn't cover flood damage.
Why Sell Flood Insurance?
With existing property insurance customers, you're already in good position to cross-sell flood insurance. It builds good agency-customer relationships and further rounds out each customer's book of business with your agency.
www.Agents.Floodsmart.gov can help you "speak flood" with your clients. The site includes resources, such as talking points, marketing tips and interactive tools that help illustrate flood risk to your customers. Also, if you aren't currently registered, sign-up for the free Agent Referral Program, which drives free, qualified leads directly to you. But don't delay. Most policies take 30 days to go into effect, so the time to tell your customers about the availability of flood insurance is now.