Are you prepared for the next flood?

NATIONAL FLOOD INSURANCE MAY BE INADEQUATE

Flood Guard can fill the gap by providing primary and excess coverage up to $5,000,000 in dwelling coverage.

DISPLACEMENT FROM A FLOOD

Flood Guard will pay up to $50,000 in Loss of Use coverage for living arrangements for you and your family while your home is repaired.

Who benefits from this product

Flood Guard is ideal for homeowners who may or may not have an existing NFIP policy (National Flood Insurance Program), but are looking for a more affordable and flexible flood insurance alternative.

Available in all NFIP-designated flood zones. Flood Guard is also ideal for those homeowners who are concerned about flood hazard and would like to purchase affordable primary or excess flood coverage.

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Coverage Highlights

Coverages & Guidelines	Prospect General Flood Guard	NFIP
Elevation Certificate	Not required	May be required
Coverages (A la carte)
Dwelling Coverage	Limit up to $5,000,000	Limit up to $250,000
Personal Property	Limit up to $1,000,000	Limit up to $100,000
Artwork, photographs, collectibles, jewelry etc.	Same as NFIP	Sub-limit up to $2,500
Loss of Use	Up to $50,000	N/A
Other Coverages (Sub-limit)
Debris Removal	$500K or Cov. A limit (whichever is less)	Up to $250,000
Loss Avoidance Measures	Same as NFIP	$1,000
Increased Cost of Compliance	Same as NFIP	$30,000
Replacement Cost Value	Optional Endorsement	N/A
Deductible	Fixed Deductible as low as $500 (single-site)	Fixed Deductible as low as $1,000
Waiting Period	None (Subject to Weather Moratorium)	30 Days
Eligibility
Occupied	Must be Occupied (By Owner or Tenant) Year-Around	Primary and Non-Primary Residence
Claims History	No Flood Claims in the past 10 years	Subject to Repetitive Loss Surcharge
Rating	Proprietary Rating System	Based on NFIP Flood Zone
Accepted by Mortgages	Same as NFIP	Yes
Excess Policy Option	Yes	N/A

Property Features	Guidelines
Acceptable Occupancies	1 – 4 unit family dwellings
Restrictions	No flood loss in 10 yrs., and no flood loss excess of $150,000 No mobile or manufactured homes No homes located in, on, over water, or seaward of mean high tide

Flood Guard is exclusively available with Prospect General

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Flood Guard

November 30, 2016

By Alexa Evans

Products

Flood Guard

Admitted-Residential Flood Insurance

Are you prepared for the next flood?

Who benefits from this product

Coverage Highlights

Flood Guard is exclusively available with Prospect General

Interested in getting appointed? Complete the form below to get started!

Flood Guard