5 Reasons You Need to Offer Flood Insurance to Your Clients:
Posted by Jennifer Nausin on Wed, Aug 19, 2009 @ 05:36 PM
Did you know that although some customers carry flood insurance as a requirement to satisfy their mortgage, most agencies DO NOT offer coverage to everyone?
If you are forgetting to offer flood to non-SFHA customers, you are missing out on a higher commission than other product lines offer! *Remember to keep offering the Preferred Risk Policy product available to eligible non-Special Flood Hazard Areas (zones B, C, and X).
5 Great Reasons to Offer Flood Insurance to Your Clients:
1. It is a possible E&O exposure - if you do not offer coverage to all customers you may be vulnerable
2. Flood is the #1 Natural Occurring Disaster
3. Flood is not covered on most property insurance policies
4. To create Marketing Opportunities with customers and drive customer loyalty by cross selling
5. Earn more commission!
**There are many changes occurring in the National Flood Insurance Programs (NFIPs) on October 1st, 2009 - To learn more about the changes within the Flood Insurance industry visit us today at Floodplus.net