I sent this guy all the info showing they have to accept it and he sends me back: The risk of noncompliance with the NFIP is on the lender, and in the uncertainty before the prudential regulators issue regulations PHFA could end up accepting policies that do not align with the regulations as finally implemented. No one know what those regulations will say until they are finalized, so an incredibly conservative approach is warranted.
Private Flood Insurance - SINCE WHEN?
- Thread starter insurance1822
- Start date
- 648
Call the guys at privatefloodmarket.com and send that email to them.
- 1,016
speaking of flood claims, did anyone else catch tonight's episode on 60 minutes regarding hurricane Sandy victims getting screwed?
Geez! heads are going to roll and someone (if not many) will be sent to prison before it's over with.
175 doctored claims. people who were unlicensed engineers completely falsified the engineer's reports (e.g. saying there was no structure damage when in fact there was).
Geez! heads are going to roll and someone (if not many) will be sent to prison before it's over with.
175 doctored claims. people who were unlicensed engineers completely falsified the engineer's reports (e.g. saying there was no structure damage when in fact there was).
- 648
Nope.... Required by federal law that they take any am best "a" carrier for flood, easy.
Thanks south! Have you found the exact wording on this law? I'm guessing that it's easier to find than I'm making it.
- 648
Yep- I have seen it. Don't stress about it unless there is an issue & then the carrier can help you. Who is are you looking at using?
- 648
That is who I use
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