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Flood Zone Determinations - Agents and Brokers |
| Program Summary |
| Our program includes flood zone information in various formats with varying levels of detail and transfer of liability. This allows you to choose the type of flood zone determination product that best meets your risk analysis needs. |
| Complete Compliance Solution |
| Flood Zone Determinations - Banks |
| Force Placed Flood & Hazard Insurance |
| NFIP Flood Insurance |
| Flood Compliance Packet |
 | | Floodwatch's basic zone determination service provides the required Federal flood documentation with a certificate that will specify the flood hazard status of a particular property based upon an examination of the current FEMA Flood Insurance Rate Maps. In addition, you will receive a Notice to Borrower/Insured with an explanation of the flood insurance requirements based on the location of the subject property measured against the FEMA flood map.
The Standard Flood Hazard Determination certificates include the following data elements: |
| | | Flood Zone Determination to the Structure |
| | | Map Community Number |
| | | Map Panel and Revision |
| | | Jurisdictional Community Number |
| | | Community Status (Participating or Non-Participating) |
| | | Estimated Amount of Flood Insurance Required |
| | | Government Program Restrictions Indicator |
| | Most orders are completed with same day service and a maximum of 24 hours on an ongoing basis for a majority of orders. All determinations are guaranteed by $10 million errors and omissions policy. |
| FEMA Flood Map Update Services |
| | | All it takes is a single change in FEMA/NFIP flood maps or Community Status to change the status of flood exposure to the subject property potentially creating coverage gaps for excluded flood designations. |
| | | Floodwatch's FEMA flood map update service provides the required tracking for changes in FEMA/NFIP flood maps and Community Status designations. |
| | | Full FEMA Map Monitor service provides comprehensive monitoring of flood determinations from time of look-up going forward. The service provides full tracking for FEMA map or Community Status changes, provides reports, and reprocessing if needed to provide an updated zone determination. Notification will be made on a monthly basis of properties that have been affected. We will reprocess the affected properties and provide new flood zone certifications for subject locations that have had a change in flood zone. Reprocessed certifications are provided at no additional cost. The coverage is fully transferable. |
| | | Flexible FEMA Map Monitor service offers a low-cost alternative that provides the same to-the-structure flood zone determinations and tracking, but reprocessing charges are incurred only when FEMA changes require new determinations. |
| | | Portfolio review service provides an automated review of your entire property schedule, using our extensive flood databases and Geographic Information Systems technology. Based on the review, we'll develop customized solutions to address flood exposure inherent to your entire property portfolio. In a challenged insurance market, specialized solutions may assist in proper coverage placement. |
| Map Copy Determinations |
| | | Fully guaranteed by a $10 million E & O policy |
| | | Specifically designed for the insurance market |
| | | Combines flood certification information with a digitally produced FEMA flood map on Geotrac's unique single-page form |
| | | Includes all the required flood data elements including base flood elevation as well as a flood map locating the property and indicating varying flood zone designations--all on a clear, easily faxed, digitally produced map |
| Federal Flood Information Reports / Alternative to Full Flood Analysis |
| | | A competitively priced, fully automated flood zone analysis product with an accuracy rate of 95%-97%. |
| | | May be used as an alternative to guaranteed determinations for single locations or for analysis of multi-property portfolios |
| | | 24-hour turnaround on single requests |
| | | Multi-property portfolios can be completed in approximately 5 working days |
| For additional information please contact us |
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The above information provides only a general description of the coverage afforded in the policies offered and should not be considered as altering the insuring agreements, terms, conditions, exclusions and endorsements of the policy itself. Please read the provisions contained in the actual policies and discuss them with your insurance professional. |
