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Flood Compliance |
| Program Summary |
| Program services can be purchased individually or as a complete risk management strategy. For information on the individual program components, click here. For information on the complete compliance solution please read below. |
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| Flood Zone Determinations |
 |  | | One time and life of loan services |
 |  | | HMDA as requested |
 |  | | Fax, CD-Rom, or internet delivery available |
 |  | | Mapping accuracy guaranteed by $10,000,000 errors and omissions |
 |  | | Comprehensive portfolio audit and customized tracking services available |
| "Write Your Own" Flood Insurance |
 |  | | Facilitate loan close with nationally promulgated NFIP rates |
 |  | | Access via phone, fax, or internet |
 |  | | Captivate agency NFIP flood rating software available |
 |  | | Toll-free phone support and customer service |
 |  | | Excess flood insurance up to $10,000,000 in limits |
| Forced Placed Insurance |
 |  | | Master policy issued to each bank |
 |  | | Immediate binding for flood and hazard |
 |  | | Premium is earned pro-rata |
 |  | | Montly billing-pay for what is used |
 |  | | "All-Risk" coverage available in most states |
| Mortgage Interest Insurance |
 |  | | Seamless compliance avoids coverage gaps |
 |  | | No obligation review of your bank's existing program to ensure flood exposure adequacy |
 |  | | Special community bankers coverage from underwritten and priced for community banks |
| Accessing the Service |
 |  | | No monthly minimum or contract period required |
 |  | | Standard determination turnaround is 24 hours-special rush services are also avialable |
 |  | | Force placed coverage reported weekly, monthly or annually; billing monthly or annually. All premiums earned are pro-rata |
| Underwriter and Availability |
 |  | Underwritten by Floodwatch and its strategic product providers. This program is avialable in all 50 states and U.S. territories, subject to underwriters approval |
| 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. |