More Ways to Write Flood Insurance
– NOW AVAILABLE IN MASSACHUSETTS –
In addition to our Lloyd’s Private Flood product through Vave, we now offer another option to write Private Flood through Lloyd’s Hiscox.
Quoting is still just as simple as for all products. Head to the top navigation bar on Swyfft.com and click on “Flood”. You’ll now be presented with both flood options when available.
Product Highlights:
NEW! Lloyd’s: Hiscox
- Coverage written through Lloyd’s. View Quick Reference Guide.
- Building Limit up to $2,250,000 (Replacement Cost included)
- Other structures automatically covered (10% of building)
- Loss of Use included (Minimum 20% of building, $50K max)
- One deductible for Building and Personal Property
- Most Flood Zones available
Refer to our Quick Guides page on the ARC to learn more.
Lloyd’s: Vave
- Coverage is written through Lloyd’s. View Quick Reference Guide.
- Additional Living Expenses: included up to 10k.
- Broad Coverage Levels for building and personal property.
- Personal Property Replacement Cost Available.
- MEP of 25% applies. (Explain this to your customers upfront to avoid any confusion later.)
- Product target is preferred Flood Zones.
Quick Tip: Be sure to use the toggles to adjust coverages and deductibles accordingly. It could help save in the final premium and only takes seconds.
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