Private Flood    

Private Flood

Eligible States: Florida

We are offering a broadened version of the NFIP residential condominium building association policy (RCBAP)

  • Eligibility and Authority Levels
    • This program is designed for the account that is a residential condominium association located within the eligible territories.
  • Coverage Included
    • Broadened version of the NFIP residential condominium building association policy (RCBAP)
  • Eligible Territories
    • Florida- All counties excluding Monroe
  • Features and Options
    • Building Replacement Cost Guarantee
    • Ordinance or Law Coverage A,B,& C Combined – Up to 10% of the Building limit
  • Eligibility and Authority Levels
    • Up to $35,000,000 per building
    • 1970 or newer
    • Condominiums must be described under Florida Statute 718
  • Properties Not Acceptable
    • NFIP grandfathered risks, which have subsidized rates
    • Severe repetitive loss properties
    • CoreLogic storm surge elevation report for Hurricanes Category 1 and 2 is higher than the first residential floor exposure
    • Frame construction subject to storm surge
    • Any building located in a V zone that is not supported on piles
  • Resources
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  • Education
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  • Video
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*** Disclaimer:  This is a general eligibility summary and other guidelines can and will apply. #PRIVATEFLOOD