The National Flood Insurance Program took on the giant project of changing the way they determine premiums for flood insurance policies. New technology will change the way premiums are calculated for each and every flood insurance policy. Starting October 2021, all the new policies written will be under this new program called Risk Rating 2.0 This is going to fundamentally change the way that agents approach flood insurance, but lucky for you we are working hard to learn this new rating process before it goes into effect.
As usual, if you have any questions or concerns regarding this change or how it will affect you, reach out to our Account Management Team at 281-681-0331 - Opt: 2 then Opt: 5. You can also email clientrequests@thegibraltargrp.com or utilize one of our contact forms on this site.
Contact us today for personalized assistance for your insurance, mortgage, and title needs.