
Insurers are increasingly adding flood excesses. And with a wet summer predicted, this is set to to continue.
Our Flood Excess Buydown facility can provide up to $750,000 excess buydown capacity at any one location, following the form of the underlying policy. Higher limits are also available.
The Flood Excess Buydown cover might also assist to negotiate coverage in difficult to insure locations.
With the inclusion of a higher flood excess backed by the Flood Excess Buydown policy, some insurers may well be willing to reconsider insuring certain risks in some flood prone areas.
Coverage is offered by certain underwriters at Lloyd’s of London.
Coverage can be bundled with our Cyclone Excess Buydown.
Click here for information on Cyclone Excess Buydown.
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